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LONDON: Sabre Insurance Group, one of the UK’s leading private motor insurance underwriters announce that Rebecca Shelley, who joined the Board as a Non-executive Director in December 2017, has been appointed as Chair of the Company. This is following an external search process and the receipt of regulatory approval from the PRA. The appointment takes…
LONDON: Goldplat plc (AIM: GDP), the renowned Mining Services Group with a global presence in gold recovery, has announced the successful delivery of diesel generators to its South African facilities. The company, which provides critical services to the mining sectors of Africa and South America, has confirmed that the commissioning of these generators is on…
LONDON: Aviva plc announced the acquisition of Probitas Holdings for consideration of £242 million, a company announcement said. The transaction includes the acquisition of Probitas’s fully-integrated Lloyd’s platform, encompassing its Corporate Member, Managing Agent, international distribution entities and tenancy rights to Syndicate 1492. Amanda Blanc, Group Chief Executive Officer of Aviva, said: “This acquisition is…
PARIS: Technip Energies, a leading Engineering & Technology company for the Energy Transition, has launched a share buy-back program of up to €100 million, with the aim of returning capital to shareholders and fulfilling its obligations under equity compensation plans, a company announcement noted. The program, which will run until December 31, 2024, will allow…
SYDNEY, AUSTRALIA: Prospa Group Limited (ASX: PGL), a leading online lender to small businesses in Australia and New Zealand, has announced that it has entered into a Scheme Implementation Deed with a Consortium led by the Salter Brothers Tech Fund, a private equity fund focused on technology investments, a company announcement noted. Under the terms…
LONDON, UK: Woodside Energy has broadened its strategic relationship with JERA through a transaction that involves three core elements: equity in the Scarborough Joint Venture; LNG offtake; and collaboration on opportunities in new energy and lower carbon services, a company announcement noted. Woodside has executed a binding sale and purchase agreement with JERA for the…
LONDON, UK: H&T Group Plc, the UK’s largest pawnbroker and a leading retailer of high quality new and pre-owned jewellery and watches, announced the acquisition of certain assets of Maxcroft Securities Ltd, for a cash consideration of £11.3m. Maxcroft is a longstanding and successful pawnbroking business based in Essex, a company announcement said. The Group…
SYDNEY, AUSTRALIA: Hansen Technologies Limited (ASX: HSN) has announced that it has acquired 100% of the security interests of powercloud GmbH for an equity value of EUR 30m (~AUD $49m). powercloud GmbH is a leading provider of billing and customer management software products for utility companies and regional municipalities in Germany. According to a company…
LONDON, UK: Coro Energy plc has acquired a 20.3% shareholding in ion Ventures Holdings Limited, a South East Asian and UK focused developer of clean energy projects, including renewables and battery storage for cash consideration of £500,000, a company announcement said. Alongside this initial investment, the Company has been granted a priority right of first…