1stWEST Mergers and Acquisitions, a premier investment bank specializing in M&A advisory, has successfully overseen the acquisition of its client, Schoeneman’s Building Materials Center, by the industry giant Builders FirstSource (NYSE: BLDR). The transaction, marked by 1stWEST M&A’s expert guidance, reached completion within a mere 45 days following the signing of the letter of intent,…
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SDX Energy signs deal to sell West Gharib interests in Egypt
LONDON: SDX Energy has executed a binding sale and purchase agreement (SPA) for the disposal of the company’s West Gharib interests in Egypt. SDX Energy also continues to progress the binding documentation for the sale of its South Disouq assets. The Company is focused on delivering shareholder value by focusing its efforts on fully exiting…
Aristocrat Leisure to complete NeoGames acquisition by April 26, 2024
SYDNEY: Aristocrat Leisure Limited (ASX:ALL) notified that all necessary gaming regulatory pre-approvals required for the completion of its proposed acquisition of NeoGames S.A. have been received or waived. In addition, all antitrust and foreign investment regulatory clearances have been received. This marks a further step towards completion of the Acquisition, before the final NeoGames shareholder…
DSW Capital appoints Peter Fendall to the Board as Chief Operating Officer
LONDON: DSW Capital, a profitable, mid-market, challenger professional services licence network and owner of the Dow Schofield Watts brand, has today appointed Peter Fendall to the Board as Chief Operating Officer, a news release said. Peter Fendall joined DSW Capital in September 2021 to help facilitate the IPO and is currently the Business Development &…
Sunrise Resources announces sale of Nevada Diatomite claims to Dicalite Management
LONDON: Sunrise Resources plc has finalized the sale of 29 diatomite mining claims in Nevada’s Crow Springs area to Dicalite Management Group for $150,000, a news release noted. The initial payment of $75,000 has been completed, with the remainder due upon Dicalite’s submission of a mine plan to the Bureau of Land Management. The claims,…
Julieann Esper Rainville becomes new CEO of Power Factors
Power Factors, the leading software solutions provider for the renewable energy sector, has announced the appointment of Julieann Esper Rainville as its new Chief Executive Officer. She will succeed Gary Meyers, who will become the Executive Chairman of the Board of Directors, according to a news release. Esper Rainville has over 27 years of software…
TOTAL becomes a European company
PARIS: TOTAL SA has become TOTAL SE following its registration with the Trade and Companies Register of Nanterre as a European Company, which occurred on July 16, 2020, a news release said. This registration was approved at the Shareholders’ Meeting, held on of May 29, 2020, and follows negotiations with employees’ representatives in 25 countries…
Emirates NBD reports 45% decline in net profit to AED 4.1 billion
DUBAI: Emirates NBD, a leading banking group in the region, delivered a net profit of AED 4.1 billion for the first half of 2020 ending June 30, 2020, a news release said. Net interest income increased 36% y-o-y and non-funded income grew 24% y-o-y with the acquisition of DenizBank in 2019. Net profit declined 45%…