Insignia rejects Bain Capital
[ad_1] insignia financial (ASX:IFL) rejected a non-binding, indicative takeover offer from Bain Capital, saying the offer did not reflect the company’s fundamental values. The offer, announced on December 13, 2024, aimed at acquiring 100% of Insignia’s shares through a scheme…
State Street to Expand Digital Asset Services Amid Growing Interest
[ad_1] State Street announced a strategic agreement with digital currency custody and tokenization specialist Taurus SA to provide digital asset capabilities for State Street Bank and Trust Company clients. According to the global firm, the partnership will further enhance State…
Titomic signs $1.1 million contract with University of North Texas
[ad_1] Titomic (ASX:TTT) has secured a $1.1 million sale of a custom Kinetic Fusion cold spray system to the University of North Texas (UNT) to support advanced manufacturing research and industry collaboration. “Cold spraying” involves spraying metal or other materials…
Altec signs third contract for CERENERGY batteries
[ad_1] altec battery (ASX:ATC) has signed its third offtake master agreement for CERENERGY GridPack battery technology. This time, we have engaged Axsol GmbH, a renewable energy provider based in Germany. The agreement will see Axsol, a NATO-certified supplier, exclusively distribute…
Fintech left behind by incentives
[ad_1] Fintech companies have been disproportionately affected by the COVID-19 pandemic, with many that do not meet the criteria for government relief now facing the prospect of layoffs and potentially closing up shop. At issue is the government’s wage subsidy,…
US supports Novonix graphite plant
[ad_1] The U.S. government is stepping up efforts to weaken China’s grip on the global battery supply chain by funding a large-scale synthetic graphite facility in Tennessee. The Department of Energy has conditionally approved a $755 million loan to Australian…
Dotz Nano secures first commercial sale of DotzShield in the US
[ad_1] dots nano (ASX:DTZ) has secured its first commercial order for its DotzShield tagging solution from a leading U.S.-based provider of oilfield technology services. The value of this contract is approximately $340,000. DotzShield enables real-time detection and dosing control of…
Asia-Pacific private debt is gaining traction amid six-fold growth in AUM
[ad_1] Assets under management in private debt in Asia Pacific increased to $92.9 billion as of September 2023, according to new data from Preqin. This represents an impressive six-fold jump over the past decade and a 2.5-fold increase over the…
Aus Fintechs team up to launch investment platform
[ad_1] The new platform, Stropro, was launched with the backing of Seed Space, an early-stage venture capital firm. Stropro leverages partnerships with anti-money laundering compliance tools provider bronID, registration services provider Automic Group and technology solutions provider eNoah iSolution. Stropo…
Lionheart roars: Vulcan secures €879 million in project funding
[ad_1] vulcan energy (ASX:VUL) has signed a conditional debt commitment letter of €879 million (approximately A$1.45 billion) to fund the first phase of the Lionheart project. The agreement is supported by Export Finance Australia (EFA) and a syndicate of seven…