LONDON, UK: Rolls-Royce (LSE:RR.) announced the completion of the sale of our 23.1% shareholding in AirTanker Holdings Limited to Equitix Investment Management Limited for cash proceeds of £189m.The completion of the transaction, which was announced on 13 September 2021, follows clearance from the relevant regulatory authorities. Proceeds from the transaction will be used to help…
Victoria Plc completes the acquisition of Graniser
LONDON, UK: Victoria Plc (LSE: VCP) has completed the acquisition of B3 Ceramics Danismanlik (Graniser), a bourse filing said. Victoria Plc is the international designers, manufacturers and distributors of innovative flooring. On 10 November 2021, Victoria announced that it had entered into an acquisition agreement to acquire Graniser for a total consideration to be paid…
LendingCrowd raises £100m to support SME growth and recovery
EDINBURGH, UK: LendingCrowd, the fintech SME lending platform, has closed a funding deal with Barclays Bank and a large global investment firm to support SMEs across Britain as they recover from the coronavirus pandemic and return to growth, a bourse filing said. The funding will be delivered via the British Business Bank’s Recovery Loan Scheme…
Many More Games Coming to Nintendo Switch in 2022
The future for Nintendo Switch players in 2022 and beyond holds so many possibilities! In the latest Nintendo Direct video presentation, Nintendo announced a diverse lineup of new games and content arriving for the Nintendo Switch system throughout this year. Nintendo also shared new details about previously announced games, including when players will be able to get…
Toragen Inc. appoints Dr. Sandra Coufal as CEO
SAN DIEGO: Toragen Inc., a biotechnology company, announced that Dr. Sandra Coufal, M.D. will join Toragen as its new CEO. Dr. Coufal brings over 30 years of experience to Toragen as a physician and serial entrepreneur working with multiple successful companies in medicine, chemistry, biotechnology, material sciences, and digital technology. Most recently, Dr. Coufal co-founded…
Renault, Valeo & Siemens to develop new-generation automotive electric motor
PARIS, FRANCE: Renault Group, Valeo and Valeo Siemens eAutomotive have signed a memorandum of understanding to form a strategic partnership for the design, co-development and manufacture in France of a new-generation automotive electric motor, eliminating the use of rare earths. The three partners will combine their know-how and recognized expertise to design a unique electric…
Orcoda appoints Samuel Yue as new Chief Financial Officer
SYDNEY, AUSTRALIA: Orcoda Limited (ASX: ODA), the leading provider of smart technology solutions to optimise transport logistics and transport infrastructure services, announced the appointment of Samuel Yue (Sam) as the Company’s Chief Financial Officer (CFO) effective 21st February 2022. As CFO, Sam will be responsible for financial and commercial management, while being an integral member…
Visa appoints Jennifer Como as Head of Investor Relations
SAN FRANCISCO: Visa Inc. (NYSE: V) announced the appointment of Jennifer Como as Head of Investor Relations. Jennifer Como succeeds Mike Milotich who will depart Visa later this month to become chief financial officer of a publicly traded company. Ms. Como currently serves as the senior vice president of investor relations at Visa. She joined…
IMCD Brasil agrees to acquire Polyorganic Tecnologia
ROTTERDAM, THE NETHERLANDS: IMCD N.V. announced that IMCD Brasil has signed an agreement to acquire 100% of the shares of Polyorganic Tecnologia Ltda. “Polyorganic’s technical capabilities, market expertise and strong product portfolio are an excellent fit with IMCD and complements our growing presence in the HI&I market,” said Nicolas Kaufmann, Managing Director, IMCD Brasil. “Sanitation…
PlaySide will provide co-development services for Activision Blizzard
SYDNEY, AUSTRALIA: PlaySide Studios signed material fixed price work-for-hire co-development services agreement withActivision Blizzard (NASDAQ: ATVI), one of the world’s most successful interactiveentertainment companies. Playside will be providing fixed-price co-development services for Activision Blizzard. The co-development services term of the agreement will be 10 months. PlaySide CEO Gerry Sakkas said: “The Company is delighted to…
Former Rio Tinto executive joins Sovereign Metals board
SYDNEY, AUSTRALIA: Sovereign Metals Limited (ASX:SVM) announced that highly experienced mining industry executive Mr Nigel Jones has been appointed as a Non-Executive Director of the Company. From 2019 to 2021, Mr Jones was Managing Director of Rio Tinto Group’s (Rio Tinto) very large Simandou iron ore project in Guinea, west Africa. In this role, he…
ASX CEO Dominic Stevens announces plan to retire
SYDNEY, AUSTRALIA: ASX Limited (ASX) advises that Managing Director and Chief Executive Officer (CEO) Dominic Stevens has announced his intention to retire this year, with the Board beginning a process for a timely and orderly transition to a new CEO. The Board congratulates Mr Stevens for successfully leading ASX through a period of significant growth…