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…
The Most Comprehensive List of Ways to Make Money Fast
Nowadays, everybody has a bunch of ideas swirling around their minds about how to make money fast. The internet is full of tips, tricks, and methods on how to make money quickly from home. If you are one of those people who are looking for ways to save time and earn extra cash then this…
Informa divesting Pharma Intelligence Business to Warburg for £1.9bn
LONDON, UK: Informa Plc (LSE: INF.L) has agreed to divest Pharma Intelligence, the largest business within its Informa Intelligence division, to Warburg Pincus for £1.9bn, while separately commencing a share buyback. Informa Plc, the international B2B Markets, Knowledge Services and Business Intelligence Group today announced two significant steps in its 2021-2024 Growth Acceleration Plan II…
U.S. equities close higher led by tech and telecom sectors
U.S. equities were higher at the close on Wednesday, as gains in the Technology, Basic Materials and Telecoms sectors propelled shares higher. At the close in NYSE, the Dow Jones Industrial Average rose 0.86%, while the S&P 500 index added 1.45%, and the NASDAQ Composite index added 2.08%. The biggest gainers of the session on…
Airobot shares commence trading on Nasdaq Baltic
VILNIUS, LITHUANIA: Nasdaq (NDAQ) announces that the Airobot shares, an Estonian air technology company, have been admitted to trading on Nasdaq Baltic First North Market by Nasdaq Tallinn as of today, February 10. The admittance to trading of Airobot shares follows the initial public offering of the company. The total demand for the shares was…