Only the big companies have their own apps and the small ones don’t need them at all? In fact, there are only comparatively few small to medium-sized companies that have their own company app. Even experts are unclear why this is. Is it because the hurdle of development seems too great? Maybe it’s because small…
Mobile Streams takes sole ownership of LiveScores
LONDON, UK: Mobile Streams plc has taken sole ownership of the LiveScores services that it had previously been operating under a revenue share agreement with Quanta Media Group. LiveScores was developed by Tim Scoffham in association with Quanta with its first launch in Mexico as per the MOS announcement of 26 July 2021. MOS has…
Pivotal Growth acquires Grange Mortgage and Protection Services
LONDON, UK: LSL Property Services announced that Pivotal Growth Limited has completed the acquisition of Grange Mortgage and Protection Services Limited. Grange is a specialist new build mortgage and insurance brokerage based in Northampton and has been providing advice to clients purchasing new build properties across the UK for over 15 years. Pivotal Growth was…
Kitwave Group buys M.J. Baker Foodservice for £24.5mn
LONDON: Kitwave Group plc (AIM: KITW) has acquired the entire issued share capital of M.J. Baker Foodservice Limited (M.J.Baker), the West Country’s leading independent foodservice supplier for £24.5 million in cash. M.J. Baker Foodservice offers over 3,500 products in ambient, chilled and frozen foods, together with alcohol, confectionery and non-food items. The leading brands are…
Omega to sell diagnostic test kit manufacturing business to Accubio
LONDON, UK: Omega Diagnostics Group (AIM: ODX) has signed a conditional sale and purchase agreement with Accubio Limited, a wholly-owned subsidiary of Zhejiang Orient Gene Biotech Co. Ltd in relation to the sale of Omega’s diagnostic test kit manufacturing business and facility in Alva, Scotland, for a cash consideration of £1 million, payable at completion….
VIP Gloves to acquire Ammorium Resources
SYDNEY, AUSTRALIA: VIP Gloves Limited has entered into a Heads of Agreement with Julian Foo Kuan Lin, major shareholder of Ammorium Resources Sdn Bhd to acquire 100% equity interest in Ammorium. Ammorium, incorporated in Malaysia in 2015 holds a 10- year tax-exempt status and is fully licensed to commence glove manufacturing operations. The proposed acquisition…
Hexagon to supply Hino Motors with $1.0bn worth of battery packs
OSLO, NORWAY: Hexagon Purus has signed a long-term binding letter of intent (LOI) with Hino Motors Manufacturing U.S. Inc. to provide battery packs for multiple Hino truck platforms with serial production planned from 2024. The total sales value over the life of the agreement is estimated at USD 1 billion (approx. NOK 9 billion). This…
Boral completes sale of North American Fly Ash business
SYDNEY, AUSTRALIA: Boral Limited (ASX: BLD) announced completion of the sale of its North American Fly Ash business to Eco Material Technologies Inc for US$755 million. After completion adjustments, proceeds on sale total ∼A$9602 million, excluding US$20 million to be received over the next two years, and prior to payment of US income tax and…
OceanaGold appoints Gerard Bond as new President and CEO
BRISBANE, AUSTRALIA: OceanaGold Corporation (TSX: OGC) announced the appointment of Mr. Gerard Bond as the Company’s new President and Chief Executive Officer (CEO) effective April 4, 2022. Gerard Bond will also serve as a member of the Board of Directors. Mr. Paul Benson, Chairman of the Board, said, “On behalf of the Board of OceanaGold,…
HSBC acquires AXA Singapore for $529mn
PARIS, FRANCE: AXA announced that it has completed the sale of AXA Insurance Pte Ltd (AXA Singapore) to HSBC Insurance (Asia-Pacific) Holdings Ltd (HSBC), for a total cash consideration of USD 529 million. The AXA Group is a worldwide leader in insurance and asset management, with 153,000 employees serving 105 million clients in 54 countries….
U.S. equities dragged by utilities, technology and industrials sectors
U.S. equities closed lower on Thursday, as losses in the Utilities, Technology and Industrials sectors propelled shares lower. At the close in NYSE, the Dow Jones Industrial Average lost 1.47%, while the S&P 500 index fell 1.81%, and the NASDAQ Composite index declined 2.10%. The biggest gainers of the session on the Dow Jones Industrial…
London shares’ prices surge as consumer prices in the US grew faster
London shares’ prices closed up helped along by strong performances from the likes of Informa and AstraZeneca, as consumer prices in the US grew faster than expected in January. The FTSE 100 ended the session up 0.38% at 7,672.40, and the FTSE 250 was 0.11% firmer at 22,207.75. Sterling was also in the green, last…