LONDON, UK: Boanerges Limited General Meeting confirmed that the WeShop Limited shareholders have passed their resolution to approve Boanerges acquiring the WeShop assets, business and the WeShop name. WeShop is a social commerce technology platform. Social commerce, which combines the fundamental human need to connect with commerce is an exciting space – expected to grow…
Social Media with potentially harmful challenges and hoaxes
The world’s leading video platform, TikTok, has launched a global report to better understand young people’s engagement with potentially harmful challenges and hoaxes. While not unique to any one platform, the effects and concerns are felt by all, which is why TikTok set about to learn how it might develop even more effective responses as…
Kilowatt Labs & GGL to produce supercapacitor batteries in Pakistan
KARACHI, PAKISTAN: Ghani Global Holdings Limited (GGL) and Kilowatt Labs Inc USA have entered into a formal partnership to start maiden manufacturing of supercapacitor energy storage systems in Pakistan to promote usage of renewable electricity. A ceremony was held here at a hotel for the signing of the joint venture (JV) agreement to build Pakistan’s…
Oxford Cannabinoid signs drug development deal with Stemtech
LONDON, UK: Oxford Cannabinoid Technologies (OCT) has signed a new drug development agreement with Stemtech. Stemtech is a contract research organisation based in Oxford and led by Dr Zameel Cader, which generates re-programmed human stem cells for research and drug discovery. Under the agreement Stemtech will provide OCT with cutting edge support for its drug…
Bidstack expands its portfolio of simulation games with Dovetail Games
LONDON, UK: Bidstack Group Plc (LON: BIDS), the native in-game advertising group, is pleased to announce the addition of three new and exclusive titles from Dovetail Games, the award winning developer and publisher of market leading simulation entertainment software, based in Kent, UK, to its portfolio of simulation games. Their simulation games that faithfully recreate real…
Mirada collaborates with Shift 2 Stream to tap US, Canada, Caribbean
LONDON, UK: Mirada Plc (LON: MIRA), a leading provider of integrated software solutions for digital TV services, announced its strategic collaboration with US-based Shift 2 Stream Inc. Based in Atlanta, Georgia, USA, Shift 2 Stream empowers rural, regional, small and mid-size internet service providers (ISPs) and cable operators to deliver cost-effective application-based TV services to…
OptiBiotix Health forms subsidiary in India
LONDON, UK: OptiBiotix Health (LON: OPTI), a life sciences business, announced the formation of its new Indian subsidiary, OptiBiotix Health India Ltd (OHI). With a population of 1.3 billion people and cardiovascular disease accounting for up to 27% of all deaths (WHO) and obesity prevalence at 40.3% (https://journals.sagepub.com/doi/full/10.1177/0972753120987465), India is a market of great strategic importance to OptiBiotix. The…
Kingswood Holdings to acquire business assets of Smythe and Walter
LONDON, UK: Kingswood Holdings Limited (LON: KWG) has agreed to acquire the business assets of Smythe and Walter Limited, an independent financial planning business servicing clients across Kent. David Lawrence, UK CEO at Kingswood, commented: “Smythe and Walter are a growing firm and this acquisition enhances our existing footprint in the South East. I am…
Grainger acquires two sites for build-to-rent direct development
LONDON, UK: Grainger plc (LON:GRI), the UK’s largest listed residential landlord with 9,727 operational rental homes and a further 8,373 in its £1.9bn pipeline, has acquired two sites for direct development build-to-rent opportunities, totalling a potential c.480 new PRS homes within Grainger’s planning and legal pipeline. Exmouth Junction in Exeter benefits from having planning consent…
NOVATEK Starts Production at Kharbeyskoye field
MOSCOW: PAO NOVATEK announced that the Company’s subsidiary NOVATEK-TARKOSALENEFTEGAS has started pilot production from gas condensate deposits at the Kharbeyskoye field, part of the North-Russkiy cluster. The annual production level for the field’s gas and gas condensate program is 3.6 bcm of natural gas and 0.6 mmt of gas condensate. “The Kharbeyskoye field launch will…
Workspace Group acquires The Busworks for £45 million
LONDON, UK: Workspace Group (LON:WKP), London’s leading provider of flexible office space, has acquired The Busworks, in Islington, for a total of £45 million. This off-market acquisition is being funded from existing facilities. A former Victorian bus factory with a rich history dating back to 1888, the property provides 104,000 sq. ft. of net lettable…
Caledonia to divest its holding in bioagilytix for $183mn
LONDON, UK: Caledonia Investments plc (LON:CLDN) announced that the shareholders of portfolio company BioAgilytix, a leading provider of bioanalytical testing for large molecule research and development, have agreed terms of a majority investment in the company by international private equity firm Cinven. Cinven’s investment involves a sale of Caledonia’s interest in BioAgilytix to Cinven. Caledonia’s…