SYDNEY, AUSTRALIA: Australian Pharmaceutical Industries (API) noted that Woolworths Group Limited has withdrawn its non-binding indicative proposal to acquire 100% of the shares in API announced on 2 December 2021. As announced to the market on 8 November 2021, the Scheme Implementation Deed (“SID”) with Wesfarmers Limited remains in place and is on track for…
James Hardie appoints Harold Wiens as interim CEO
SYDNEY, AUSTRALIA: James Hardie Industries, the world’s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions, announced the appointment of Harold Wiens as Interim Chief Executive Officer. In calendar 2017 the James Hardie Board of Directors, along with senior management, identified the need f or a strategic transformation to ensure the…
Danny Maher appointed CEO of FirstWave Cloud
SYDNEY, AUSTRALIA: FirstWave Cloud Technology Limited announced the appointment of Danny Maher as Chief Executive Officer (CEO). Danny Maher will join the company on 10 January 2022 and assume the role immediately taking over from the Executive Chairman and interim CEO, Mr John Grant, who will continue as Chairman in a non-executive capacity. Dany Maher…
Seeing Machines and Ambarella Inc. collaborate
CANBERRA, AUSTRALIA: Seeing Machines Limited announced a collaboration with Ambarella Inc., an AI vision silicon company, to bring integrated Advanced Driver Assistance System (ADAS) and occupant and driver monitoring system (OMS and DMS) solutions to the market. This unique technology combination will bring Seeing Machines’ industry leading OMS and DMS technology solutions to Ambarella’s CV2x…
Bitcoin Latinum to launch on 10 more global exchanges in 2022
Bitcoin Latinum (LTNM) announced its upcoming plan to launch on ten additional global exchanges in 2022, bringing its total to 20 publicly-traded exchanges. Bitcoin Latinum currently trades publicly on HitBTC ($6.2 billion in daily volume), FMFW.com ($4.5 billion daily volume), Changelly ($2.71 billion in daily volume), Changelly Pro, LBank ($1.1 billion in daily volume), DigiFinex, Hotbit,…
BerGenBio appoints Anders Tullgren as Chairman of Board
BERGEN, NORWAY: BerGenBio ASA, a clinical-stage biopharmaceutical company, announced today the appointment of Anders Tullgren to succeed Sveinung Hole as Chairman of the Board of Directors, effective Thursday. Sveinung Hole has been Chairman of the Board since March 2019 and will continue to serve as a Board Member. Anders Tullgren has over 35 years of…
Sygnum’s oversubscribed Series B round raises $90 million
ZURICH: Sygnum, a digital asset technology group with a Swiss banking license and a Singapore asset management licence, has raised USD 90 million in an oversubscribed Series B funding round led by Sun Hung Kai & Co. Limited. They are joined by a raft of new and existing strategic investors, with the round valuing Sygnum…
Team17 acquires Hell Let Loose for up to £46mn
LONDON, UK: Team17 has acquired all rights and assets of Hell Let Loose (HLL), an existing 3rd party title to 1st party family for an initial consideration of £31 million plus a contingent earn out consideration of up to a maximum of £15 million. Team17 is a global games entertainment label, creative partner and developer…
Team17 has acquired USA based The Label for up to $40mn
LONDON, UK: Team17 has acquired The Label, a USA based indie publisher specialising in mobile subscription games content for an initial consideration of $24.0 million (£17.76 million) with additional earn out consideration of up to a maximum of $16.0 million (£11.84 million) over the next three years. The total consideration of up to $40.0 million (£29.6…
Lords Group acquires Advance Roofing Supplies for £3.74mn
LONDON, UK: Lords Group, a leading distributor of building materials in the UK, acquired Advance Roofing Supplies Limited for a consideration of £3.74 million of which £3.49 million has been paid on completion and the balance of £0.25 million is payable twelve months after completion. As at completion, Advance Roofing Supplies had excess cash of…
Danone strengthens its leadership team
PARIS, FRANCE: Danone completed its leadership team with three appointments at Executive Committee level: a Chief Operations Officer; a Chief Research, Innovation, Quality and Food Safety Officer; and a Chief Sustainability and Strategic Business Development Officer. Three globally recognized professionals – two from outside Danone and one internal – complete the leadership team and represent…
Ooredoo Group announces new executive appointments
DOHA, QATAR: Ooredoo Q.P.S.C. announced the appointment of Mr. Ahmad Al-Neama as Group Regional CEO, Mr. Bilal Kazmi as Group Chief Commercial Officer, effective 1 January 2022. Mr. Ahmad Al-Neama has been with Ooredoo since 2004, most recently as the CEO of Indosat Ooredoo. Prior to that, Ahmad was the Group’s Chief Technology Officer. He…