Hyve Group to acquire 121 Group for up to £50 million

LONDON, UK: Hyve Group, the next-generation global events business, has agreed to acquire 121 Group (HK) Limited and 121 Partners Limited (121 Group) for initial consideration of $28 million. The estimated total consideration after earn-out is expected to be between approximately £42 million and £50 million. 121 Group is a market leading omnichannel meetings programme…

Petra Diamonds launches Artisanal small scale mining initiative in Koffiefontein

LONDON: Petra Diamonds Limited, a leading independent diamond mining group and a consistent supplier of gem quality rough diamonds to the international market, has announces the launch of an Artisanal Small Scale Mining (ASM) initiative in the Free State town of Koffiefontein in South Africa. This follows a process of extensive consultation and cooperation with…