LONDON: Genel Energy plc said Friday it has increased its recommended cash offer for Capricorn Energy plc to $5.74 per share, outbidding a rival takeover proposal from Norway’s DNO ASA in a monthslong battle for the Edinburgh-based oil and gas…
MADRID: Swedish private equity firm EQT is preparing to sell its controlling stake in Spanish theme park operator Parques Reunidos, newspaper Expansion reported Friday, citing unnamed market sources. The private equity firm has hired JPMorgan to help with the sale…
LONDON: Peel Pepper (UK) Limited has increased its best and final cash offer for Harworth Group PLC to 187 pence per share, and Harworth’s board has changed its recommendation and now unanimously supports the deal, the bidder said Friday. The…
STOCKHOLM: Eastnine AB (publ) announced that it has completed the acquisition of The Bridge, a Warsaw office property, through an asset acquisition. The Swedish real estate company, listed on Nasdaq Stockholm’s Mid Cap sector, said the purchase price was 240…
SYDNEY: Australian healthcare company Healius Limited said Friday it has entered a binding agreement to sell its wholly owned subsidiary Agilex Biolabs Pty Ltd to a subsidiary of Novotech Health Holdings Pte Ltd for an enterprise value of A$160 million….
BRUSSELS: Demand for electrified vehicles continued to drive growth in Europe’s car market in August, offsetting a steep drop in petrol and diesel sales, the European Automobile Manufacturers’ Association said Thursday. Registrations, a proxy for sales, also helped Chinese automakers…
PARIS: French industrial technology company Schneider Electric SE is nearing an agreement to acquire Shelly Group SE, a maker of smart devices for the home, Bloomberg News reported Thursday, citing people familiar with the matter. Schneider has been discussing an…
STOCKHOLM: Exel Composites and Suzlon Energy Limited have expanded their partnership with a new multi-year supply agreement for pultruded carbon fiber planks used in wind turbine blade spar caps, the companies announced. At the time of signing, the parties estimated…
SYDNEY: Elixinol Wellness Limited announced Thursday it has entered a binding agreement to acquire the business of Vitable, an Australian personalized supplement subscription platform, in a deal that would push the company past $20 million in annual revenue. The acquisition,…
LONDON: Foxtons Group plc, the London-listed real estate agency, announced Wednesday it has acquired four lettings businesses, deepening its push into Birmingham and reinforcing existing operations in Watford and Reading. The company said it bought Maguire Jackson and Davidson Estates…
LONDON: BTG Consulting plc, a financial and real estate advisory firm, announced Wednesday that it has completed the acquisition of Hornbeam CPAM Limited, a property and asset management business, in a deal worth up to £4 million. Hornbeam will join…
LONDON: Airtel Mobile Commerce N.V., the parent company of Airtel Money, announced Wednesday that it intends to pursue an initial public offering and list its shares on the London Stock Exchange, alongside a cornerstone investment agreement with the International Finance…