LONDON, UK: TPXimpact Holdings (LON: TPX), the technology-enabled services company focused on digital transformation, announced the acquisition of the entire issued share capital of RedCortex Ltd, a digital and cloud-based transformation consultancy. The total consideration for the acquisition is £13.355m, with £6.355m being satisfied in cash and £7.0m being satisfied through the issue and allotment…
Avast to acquire Evernym
PRAGUE, CZECH REPUBLIC: Avast (LON:AVST), a global leader in digital security and privacy, announced the acquisition of Evernym. The acquisition is expected to close in mid-December and the general availability of the products based on the Evernym technology will follow in 2022. Evernym’s groundbreaking approach to digital identity provides consumers with autonomy over their online…
Neste President and CEO Peter Vanacker to resign
HELSINKI, FINLAND: Neste Corporation’s President and CEO Peter Vanacker has given notice of his resignation from the company. He will leave his position at Neste at the latest in June 2022. “I warmly thank Peter for his great work in accelerating Neste’s transformation into a global leader in renewable and circular solutions driven by high…
ADNOC Drilling announces $3.8 billion drilling contract award
ABU DHABI, UAE: ADNOC Drilling Company has signed a five-year Drilling Services Agreement with ADNOC Onshore for the continued provision of drilling, workover and other well services. The contract will run for up to 5 years, for a total value of $3.8 billion. Structured to drive efficiency in work crews, rig move time and maintenance…
ConocoPhillips pre-empts sale of 10% interest in Australia Pacific LNG
SYDNEY, AUSTRALIA: ConocoPhillips has exercised its pre-emption rights in relation to Origin Energy’s sale of a 10 per cent shareholding in Australia Pacific LNG to EIG for $2.12 billion, which was announced on 25 October 2021. The other shareholder in Australia Pacific LNG, Sinopec, has until 17 December to exercise its respective pro-rata pre-emption rights….
OZ Minerals sells Jericho and Eloise joint venture to Demetallica
MELBOURNE, AUSTRALIA: OZ Minerals (ASX: OZL) would sell its Jericho and Eloise Joint Venture interests (80 per cent and 70 per cent respectively) to Demetallica, a subsidiary of partner Minotaur Exploration (ASX: MEP), for consideration of A$6.6 million. The sale also includes a deferred contingent consideration of up to US$8.82 million, calculated at the rate…
S&P affirm credit ratings of Challenger
SYDNEY, AUSTRALIA: Challenger Limited (ASX: CGF) announced S&P Global Ratings (S&P) has recently completed its annual ratings review and affirmed the credit rating and outlook for both Challenger Life Company Limited and Challenger Limited. Challenger’s S&P ratings are as follows: • Challenger Life Company Limited – ‘A’ rating with a stable outlook; and • Challenger…
hipages buys online tradie marketplace, Builderscrack for A$11.8mn
SYDNEY, AUSTRALIA: hipages Group Holdings (ASX:HPG) has completed the acquisition of Builderscrack, New Zealand’s leading online tradie marketplace.hipages Group is the owner of hipages, Australia’s largest online tradie marketplace and Software-as-a-Service (SaaS) provider connecting tradies with residential and commercial consumers. hipages is acquiring 100% of the issued share capital of MyQuote Limited, trading as Builderscrack,…
A Detailed Guide On How To Sell Online Businesses With Maximum Value
Many people who pursue a career online start as service providers. In most cases, this is in the form of a digital service provider, helping clients solve any challenges they face and making a profit out of it. While this is a great way to make money and friends worldwide, it is not the only…
HashiCorp prices IPO at $80 per share
SAN FRANCISCO HashiCorp, a leader in multi-cloud infrastructure automation software, announced the pricing of its initial public offering (IPO) of 15.3 million Class A common stock at $80.00 per share. All of the shares are being offered by HashiCorp. The gross proceeds of the offering, before deducting underwriting discounts and commissions and other offering expenses…
EBOS Group to acquire LifeHealthcare for A$1.16bn
AUCKLAND: EBOS Group Limited has entered into a share purchase agreement to acquire LifeHealthcare from Funds advised by Pacific Equity Partners and other minority holders. The deal comprises of 100% of LifeHealthcare’s Australian & New Zealand subsidiaries and 51% of LifeHealthcare’s Asian subsidiary, Transmedic, for total consideration of approximately A$1,167 million (representing an enterprise value…
How Much Has the Portrayal of Minorities in Film Really Changed?
It’s easy to assume a lot has changed in the American film industry since its inception over 120 years ago. As in mainstream American society, it’s undeniable that the film industry doesn’t look the same as it has in the past. While that’s true in some ways, many of the same issues about the representation…