OSLO, NORWAY: Akobo Minerals AB has appointed SpareBank 1 Markets AS to advise on project financing for the company’s boutique gold mining operation for the Segele deposit in Ethiopia. As financial adviser, SpareBank 1 Markets AS (the Manager) will work closely with Akobo Minerals to explore relevant funding opportunities such as equity, bank debt and offtake…
Etalon Group announces changes to Board of Directors
MOSCOW: Etalon Group Plc, one of Russia’s largest and longest-established development and construction companies, announced changes to the membership of its Board of Directors. Etalon Group’s Board of Directors has accepted the resignation of the independent director Martin Cocker from the Board and its committees. Mr Cocker had served as Chairman of the Board’s Audit Committee…
CMA investigates Google and Meta over ad tech concerns
UNITED KINGDOM: Competition and Markets Authority (CMA) is taking a closer look at Google and Meta’s conduct over concerns that they hampered competition in markets for online display advertising services, ad tech. The Competition and Markets Authority (CMA) is focusing on whether the companies restricted or prevented the uptake of header bidding services and whether Google…
Avast suspends all operations in Russia
LONDON, UK: Avast announces that, with immediate effect, it has withdrawn the availability of all its products from Russia and Belarus and suspended all marketing and sales operations in these countries. Avast has employees in both Russia and Ukraine and is actively working to protect and sustain them as a priority. In Ukraine, Avast is…
How to Pass Assessment Tests on Your Job Interview
If you desire to find a good job, you should keep in mind that passing an assessment test is vital. If you’ve been to interviews before, you might have been through assessment tests before. Such tests – along with a classic background check – are some of the most common tools used by employers today and…
Getvisibility secures €10 million in new funding
LONDON, UK: Pires Investments plc (AIM: PIRI), the investment company focused on next generation technology, announced the completion of a €10 million funding round by one of its investments, Getvisibility, an artificial intelligence-based data discovery, classification and protection platform company. Getvisibility has raised €10 million in equity principally from new investors Alpha Intelligence Capital (“AIC”),…
Hyve Group acquires Fintech Meetup for up to $55 million
LONDON, UK: Hyve Group plc, the next-generation global events business, announced the acquisition of Fintech Meetup LLC, organiser of the leading U.S. based fintech facilitated meetings event, for an initial consideration of $5 million and contingent consideration of up to $50 million payable in 2024 and 2025, a bourse filing noted. Hyve Group Board is…
Belvoir Group acquires Mr and Mrs Clarke Limited
LONDON, UK: Belvoir Group (AIM: BLV), one of the UK’s largest property franchise groups, has acquired Mr and Mrs Clarke Limited (MMC) for an initial cash consideration of £0.2 million and a possible additional deferred element, funded from existing resources. Mr and Mrs Clarke Limited (MMC) was founded in 2015 by Paul and Alex Clarke,…
Oman Insurance to sell Turkish operations to VHV Reasürans
DUBAI, UAE: Oman Insurance Company has entered into an agreement with VHV Reasürans, Istanbul/Turkey, a company of VHV Group, Hannover/Germany, to fully sell its insurance operations in Turkey. Part of this transaction is also a commercial agreement where Oman Insurance and VHV Reasürans will seek to partner together on insuring specific risks in Turkey as…
SpotLite360 IOT Solutions has acquired 51% interest in E3 Service Group
DENVER: SpotLite360 IOT Solutions (CSE: LITE) has acquired a majority equity interest in E3 Service Group. Further to the March 3, 2022 announcement of entering into a binding definitive agreement, the companies have successfully completed the transaction based upon the terms previously outlined in the definitive agreement. Bryson Guyer, Founder E3 Service Group added, “We…
Cool Company Ltd. – Third completion of vessel acquisitions
OSLO, NORWAY: Cool Company Ltd. announced that the third of eight acquisitions of modern LNG tankers from Golar LNG Limited was completed on, 9 March, 2022. The third completion covered all of the shares in Golar’s subsidiary, Golar Hull M2021 Corp., which is the owner of the LNG tanker “Golar Seal”. The purchase price was…
Steve Rowe will stand down as CEO of Marks and Spencer
LONDON, UK: After six years in role, Steve Rowe will stand down as Chief Executive Officer of Marks and Spencer (M&S) at the company’s preliminary results on 25 May as part of a planned succession programme. Steve joined the business from school at the age of 15 and rose through the ranks serving in multiple…