Mobile Video Games refer to all games that are played on any portable device, including from mobile phone (feature phone or smartphone), tablet, PDA to handheld game console, portable media player or graphing calculator, with and without network availability. One can play video games from anywhere these days; a home console, gaming PC, streamed over the internet, or on your smartphone or tablet. For many, loading up new devices…
What is Cost of Doing Business
By its definition, cost of doing business accounts for all the expenses incurred by a firm or individual in producing and selling goods or services for a profit. According to Investopedia, business expenses are costs incurred in the ordinary course of business. They can apply to small entities or large corporations. Business expenses are part…
What is Stock Sales?
Stock sales is a transaction whereby the buyer purchases the selling shareholders’ stock directly obtaining ownership in the seller’s legal entity. The deal structure of any transaction can have a major impact on the future for both the buyer and seller. Many other factors, such as the company’s structure and the industry, can also influence…
What is Purchase Price
Purchase price is the consideration, which acquiring party pays for an investment. The purchase price includes any commission and the transaction costs. Purchase price becomes the investor’s cost basis for calculating gain or loss when selling the investment. The weighted average cost is used for multiple purchases of the same security. Purchase prices is a…
Arribatec Group appoints Geir Johansen as CEO
OSLO, NORWAY: Arribatec Group ASA (Arribatec, OSE: ARR) today announces the appointment of Geir Johansen as Chief Executive Officer (CEO) effective 1 January 2022, while Per Ronny Stav will take up the position as Chief Commercial Officer to drive the international expansion strategy. “We are excited to announce the new roles for Per Ronny and…
Steve Curtis to step down as CEO of Caledonia Mining
ST HELIER: Caledonia Mining Corporation announced that Steve Curtis, aged 65, has notified the board of directors of his intention to retire from his role as CEO with effect from June 30, 2022. He will be succeeded as CEO by Mark Learmonth, Caledonia’s current CFO. Mr Curtis will continue to serve as a director of…
Crossword Cybersecurity to acquire a cyber threat company
LONDON, UK: Crossword Cybersecurity Plc has signed heads of terms to acquire a cyber threat company which, on completion, would bring its portfolio to five cyber security offerings alongside its cyber security consulting business. Crossword will now focus its full attention on marketing and selling its product portfolio and consulting services to scale up the…
State to sell 71.12% shares in AIB Group through a trading plan
LONDON, UK: The Minister for Finance, Paschal Donohoe TD, announced his intention to sell part of the State’s 71.12% directed shareholding in AIB Group Plc over approximately the next six months through a pre-arranged trading plan that will be managed by Merrill Lynch International (BofA Securities). BofA Securities was appointed to the role from the…
Keywords Studios buys Waste Creative Limited & Wicked Witch Software
LONDON, UK: Keywords Studios has acquired Waste Creative Limited and Wicked Witch Software Pty Limited for a total of £16.3 million, a news release said. Waste Creative is a digital creative marketing agency based in London. Founded by Visar Statovci and Mike Petricevic in 2006, Waste Creative’s talented team of 70 people provides strategy and…
Schroders to acquire 75% in Greencoat Capital Holdings for £358mn
LONDON, UK: Schroders plc has reached agreement to acquire a 75% shareholding in Greencoat Capital Holdings Limited for an initial consideration of £358 million. The deal includes a potential earn out, payable three years after completion, which is subject to stretch revenue targets, the continued employment of the senior management team in the Greencoat business…
Latécoère invests in Caeli Nova
PARIS, FRANCE: Latécoère, a leading partner of the world’s major aerospace manufacturers, has invested in breathing specialist Caeli Nova to support the development of its in-flight emergency oxygen system, a news release said. Caeli Nova’s innovative system will increase passenger safety in flight, reduce costs for airlines and diminish the carbon footprint of aircraft by…
Sanofi to acquire Amunix Pharmaceuticals in a $1.225bn deal
PARIS, FRANCE: Sanofi has entered into an agreement to acquire Amunix Pharmaceuticals Inc, an immune-oncology company. Amunix’s pipeline, which includes lead candidate, AMX-818, a masked HER2-directed TCE, offers a strong strategic fit with Sanofi’s focus on developing potentially transformative cancer therapies in immuno-oncology. Under the terms of the agreement, Sanofi will acquire Amunix Pharmaceuticals for…