OSLO, NORWAY: Quantafuel has strengthened its position in the UK by acquiring the remaining 50% of the shares in Quantafuel UK, as well as the project companies in Sunderland and Cheshire. Quantafuel ASA has reached an agreement with strategic partner Midas Group AS to acquire the remaining 50% of the shares in Quantafuel UK Ltd,…
6 Important Tips For New Investors: Trading Made Simple
New traders often find themselves overwhelmed by all of the information that is out there on trading. This can be somewhat confusing and frustrating, especially when you just want to get started with trading. Especially in today’s market where there are more new people coming into it, many traders will start off with little knowledge…
Tufton Oceanic buys a Product Tanker and a Handysize Bulker
OSLO, NORWAY: The Board of Tufton Oceanic Assets Limited (ticker: SHIP.L) is pleased to announce that the Company has agreed to acquire a Product Tanker for $30.9m and a Handysize Bulker for $23.6m. The Product Tanker is being acquired at approximately 85% of depreciated replacement cost (“DRC”). It has a fixed rate time charter of…
ATOME Energy commences trading on AIM market of LSE
LONDON, UK: ATOME Energy has commenced trading on the AIM market of the London Stock Market on Thursday 30 December 2021, under the ticker “ATOM”. ATOME, as the first and currently only company solely focusing on being a producer of green hydrogen and ammonia to have its shares traded on the London Stock Market, offers…
Polyphor closes merger with EnBiotix and is renamed Spexis
ALLSCHWIL, SWITZERLAND: Polyphor AG (SIX: POLN) and EnBiotix Inc. announced the closing of the merger of the two companies and the change of name of the combined company to Spexis AG. Pursuant to completion of the capital increase approved at the extraordinary general meeting of shareholders convened on October 28, 2021, Polyphor and EnBiotix, a…
Cordoba Logistics & Ventures to acquire 50% stake in CC Retail
KARACHI, PAKISTAN: The Board of Directors of Cordoba Logistics & Ventures Limited (Formerly Mian Textile Industries Limited) has approved investment of Rs 65.00 million in Children Clothing Retail (Private) Limited (CC Retail) by purchasing its 50.0002% stake comprising 650,002 ordinary shares. CC Retail will become a subsidiary of Cordoba Logistics & Ventures on transfer of…
Trajan Group acquires Neoteryx LLC
SYDNEY, AUSTRALIA: Trajan Group Holdings Limited (ASX: TRJ) has completed the acquisition of Neoteryx LLC, a global leader in blood micro sampling devices based in Torrance, California, USA. Trajan has acquired 100% of the shares in Neoteryx along with the remaining global operations through a share swap and cash payment arrangement. The current parent company…
Sims to sell 50.46% stake in Sims Municipal Recycling for $45.4mn
SYDNEY, AUSTRALIA: Sims Limited has agreed to sell 50.46 percent of Sims Municipal Recycling of New York LLC (SMR) for US$45.4 million (circa A$63 million). Sims Limited will hold two of the five SMR board seats. The transaction is forecast to reach financial close in the third quarter of FY22. The buyers are a group…
The best way to convert Litecoin for Bitcoin
Bitcoin was created with the goal of revolutionizing the world of finance. And now it is already quite obvious that it really succeeded. Following the first decentralized digital currency, the second, third appeared, the original technologies were improved. This is how altcoins appeared, in particular – forks, new isolated versions of the source code. Each…
Valereum Blockchain agrees to acquire Gibraltar-based Juno Group
LONDON, UK: Valereum Blockchain, the Gibraltar technology group, has signed an agreement to acquire the entire issued share capital of the Juno Group of Companies. The consideration for the purchase of Juno is £850,000. £500,000 to be paid in cash on completion and £350,000 payable in Valereum shares at the prevailing share price on the…
Sistema sells 8.7% shares in Segezha Group for $150mn
MOSCOW, RUSSIA: Sistema PJSFC has sold 8.7% of the ordinary shares of PJSC Segezha Group, a leading timber holding company, to Bonum Capital Ltd for $150 million. Following the closing of the transaction, the Corporation’s stake in the share capital of Segezha Group stood at 62.2%. Prior to the closing of the transaction, Segezha Group…
AS Green Cube and Smart Energy Sweden merge to form Greenbit
OSLO, NORWAY: AS Green Cube Innovation Holding and Smart Energy Sweden Group AB have merged their businesses to create Scandinavia’s leading renewable fuel company. The new company, Greenbit, will have 120 fuel stations in Norway and Sweden in addition to a significant B2B business in both countries. The new group will benefit from economies of…