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…
Steven Michael appointed MD & CEO of Vimy Resources Limited
SYDNEY, AUSTRALIA: Vimy Resources Limited announced the appointment of Steven Michael to the position of Managing Director and Chief Executive Officer (CEO). Mr Michael has served as the Company’s Interim CEO since August 2021 and was instrumental in achieving substantial commencement of the Mulga Rock Project (MRP). Mr Michael joined the Vimy Board as an…
How To Create The Perfect Website For Your Ecommerce Business
There is no doubt that the internet has revolutionized the way we do business. Companies are finding new customers, creating more connections, and expanding their client bases than ever before thanks to some well-designed websites. Businesses that embrace the technological opportunities provided by their website can expect more customers than they would if they had…
Find My Doctor raises Pre Series A funding at $5 million valuation
KARACHI: Find My Doctor announced today that it has raised a Pre Series A funding round from both TPL e-Ventures, investment arm of TPL Corp and TPL Insurance at a $5 million valuation. The funding will be used to open dark stores, improve technology and hire new talent. Find My Doctor currently offers its services in 7…
Vår Energi plans IPO on Oslo Børs
SANDNES, NORWAY: Vår Energi AS, one of the largest independent upstream oil and gas companies on the Norwegian Continental Shelf, announced its intention to launch an initial public offering (IPO) of its shares and to apply for a listing on Oslo Børs. With more than 50 years of successful NCS operations, Vår Energi has established…
David Cutter to step down from Group CEO role at Skipton Building Society
LONDON, UK: Skipton Building Society announced that, after almost 30 years with the business, 13 of which as Group Chief Executive, David Cutter and the Board have agreed that he will step down from his role with effect from the Society’s AGM in April 2022. This follows a period of considerable progress for the Society,…
Spirax-Sarco Engineering to acquire Cotopaxi Limited for £12.8mn
LONDON, UK: Spirax-Sarco Engineering has entered into a definitive agreement to acquire Cotopaxi Limited, a digitally enabled, global energy consulting and optimisation specialist, from Business Intelligence of Oriental Nations Corporation Ltd, for a consideration of £13.3 million, which is £12.8 million on a cash and debt free basis. The transaction will be funded from cash…