An asset is something owned by a person or business that has monetary value. Assets can be tangible, such as a house, car, computer, or clothing. However, assets can also be intangible items such as stocks and bonds, copyrights, bank accounts, or intellectual property. In this article, you will know tips on protecting your tangible…
Arkema announces 50% PVDF capacity expansion in Changshu
PARIS, FRANCE: Due to strong demand for lithium-ion batteries and other important markets, Arkema’s previously announced 35% fluoropolymer capacity increase at its Changshu site in China is now revised upwards to a capacity expansion of 50%. There is no change in the expected start-up date, which is end-2022. With this PVDF capacity increase, Arkema accelerates…
SRT Marine Systems signs £40 million contract
LONDON, UK: SRT Marine Systems plc (SRT), a global provider of next generation integrated maritime domain and coastal surveillance and monitoring systems for national coast guards and fishery authorities, signed the formal contract with its customer, thereby officially commencing the delivery of the first phase of the project. Simon Tucker, CEO of SRT Marine Systems,…
M&G signs digital wealth partnership with Moneyfarm
LONDON, UK: M&G plc is partnering with Moneyfarm, a leading digital investment specialist, to provide direct investment services to UK consumers. M&G Wealth, the company’s UK wealth management arm, will use Moneyfarm’s existing technology, digital capabilities and investment guidance journeys to back its own branded proposition. Direct investing in the UK has seen rapid growth…
Kingswood Holdings agrees to acquire DJ Cooke Financial Planning
LONDON, UK: Kingswood Holdings Limited (AIM: KWG) has agreed to acquire the business assets of DJ Cooke Financial Planning Limited, an independent financial planning business servicing clients across South Yorkshire. Following Completion, around £1.5m is payable over a 2 year period. £749k will be paid at closing and the balance paid on a deferred basis,…
River and Mercantile Group to sell US Solutions business for $8.6mn
LONDON, UK: River and Mercantile Group (R&M) announced the proposed sale of its US Solutions business, River and Mercantile LLC to Agilis Holding Company for a minimum consideration of $8.6 million. Description of the business: · The company operates independently to the UK Solutions business and focuses on improving investment outcomes for a range of…
Ignitis grupė to form subsidiary in Latvia
LONDON, UK: Management Board of AB Ignitis grupė has approved the decision to establish a new subsidiary of UAB “Ignitis renewables” in Latvia. Latvia is a strategically important market to the Group, which is growing its Green Generation portfolio consistently. On 13 August 2021 the Group announced about the acquisition of three wind farm projects…
Unilever changes organization structure into five business groups
LONDON, UK: Unilever will move away from its current matrix structure and will be organised around five distinct Business Groups: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The changes to its organisational model aims at making it a simpler, more category-focused business. Each Business Group will be fully responsible and accountable for their strategy,…
Gaming Innovation Group contemplating a SEK 100mn bond tap issue
OSLO, NORWAY: Gaming Innovation Group has mandated ABG Sundal Collier and Pareto Securities to arrange a series of fixed income investor meetings and, subject to inter alia market conditions, a SEK 100 million subsequent bond issue under the Group’s existing senior secured bond framework may follow. The proceeds from the contemplated tap issue will be…
Sivota to acquire a majority stake in Apester, a digital engagement platform
LONDON, UK: Sivota Plc has entered into a conditional share purchase agreement to acquire a majority stake in with Apester, a digital marketing engagement platform. Sivota will receive 14,947,409 Preferred Seed Shares in the capital of Apester for an aggregate price of US $12 million. This reflects a pre-money valuation of Apester of $16 million…
NFT Investments signs deal to acquire Pluto Digital
LONDON, UK: NFT Investments, which is quoted on the Access segment of the AQSE Growth Market and operates as an incubator specialising in the market for non-fungible tokens (NFTs), has announced that it has entered into a non-legally binding letter of intent to acquire the entire issued share capital of Pluto Digital Plc. NFT Investments…
Australia’s 1st Group to acquire Visionflex Limited
SYDNEY, AUSTRALIA: 1st Group, the Australian digital health group, announced its proposed acquisition of Visionflex Limited, a rapidly growing Australian-based international provider of integrated proprietary telehealth software and diagnostic devices that interface with most existing Medical Record and Medical Practice systems. Klaus Bartosch, Managing Director for 1st Group said today, “our vision is to simplify…