Renault Group, Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation, the members of one of the world’s leading automotive alliances, today announced common projects and actions to accelerate and to shape their shared future towards 2030, focusing on the mobility value chain. A year and a half after announcing its new cooperation business model to support member-company…
Euromoney buys people intelligence provider, Boardroom Insiders for $25mn
LONDON, UK: Euromoney Institutional Investor, the global B2B information-services provider, announced the acquisition of Boardroom Insiders Inc. for a cash consideration of $25 million. Boardroom Insiders is a market-leading provider of people intelligence to technology companies and professional services. The business has profiles on over 30,000 executives and key decision makers. These profiles, and the…
Wheels Up agrees to acquire Air Partner Plc for £84.8 million
LONDON, UK: Wheels Up UK Limited (BidCo), a newly-incorporated company indirectly owned by Wheels Up Experience Inc., has signed an agreement to acquire Air Partner plc at the rate of 125 pence/share in cash. The acquisition values Air Partner’s entire issued, and to be issued, ordinary share capital at approximately £84.8 million. Air Partner offers…
M&G acquires leading impact investor, responsAbility Investments
LONDON, UK: M&G plc, the international savings and investments business, has agreed to acquire a majority stake in responsAbility Investments AG, a leader in impact investing focused on private debt and private equity across emerging markets. M&G has agreed to acquire approximately 90% of the issued share capital of responsAbility, and expects to acquire the…
Alloggio Group to acquire holiday property businesses
SYDNEY, AUSTRALIA: Alloggio Group Limited, a leading operator of short-term rental accommodation (STRA) in Australia, has executed a binding agreement to acquire holiday property management business Accom Noosa and the management rights to Fairshore and Noosa International Resort for $4.5 million. The strategic acquisitions relate to: Accom Noosa, established in 1973 and managing over 50…
Jumbo Interactive to acquire UK’s lottery manager, StarVale
SYDNEY, AUSTRALIA: Jumbo Interactive Limited (ASX:JIN) has entered into an agreement to acquire StarVale Group, through a newly incorporated wholly-owned entity, Jumbo Interactive UK Ltd. StarVale is a leading UK External Lottery Manager (ELM) and digital payments company, and the acquisition aligns with Jumbo’s strategy to build scale in its Managed Services and Software-as-a-Service (SaaS)…
Arkema announces 50% PVDF capacity expansion in Changshu
PARIS, FRANCE: Due to strong demand for lithium-ion batteries and other important markets, Arkema’s previously announced 35% fluoropolymer capacity increase at its Changshu site in China is now revised upwards to a capacity expansion of 50%. There is no change in the expected start-up date, which is end-2022. With this PVDF capacity increase, Arkema accelerates…
SRT Marine Systems signs £40 million contract
LONDON, UK: SRT Marine Systems plc (SRT), a global provider of next generation integrated maritime domain and coastal surveillance and monitoring systems for national coast guards and fishery authorities, signed the formal contract with its customer, thereby officially commencing the delivery of the first phase of the project. Simon Tucker, CEO of SRT Marine Systems,…
M&G signs digital wealth partnership with Moneyfarm
LONDON, UK: M&G plc is partnering with Moneyfarm, a leading digital investment specialist, to provide direct investment services to UK consumers. M&G Wealth, the company’s UK wealth management arm, will use Moneyfarm’s existing technology, digital capabilities and investment guidance journeys to back its own branded proposition. Direct investing in the UK has seen rapid growth…
Kingswood Holdings agrees to acquire DJ Cooke Financial Planning
LONDON, UK: Kingswood Holdings Limited (AIM: KWG) has agreed to acquire the business assets of DJ Cooke Financial Planning Limited, an independent financial planning business servicing clients across South Yorkshire. Following Completion, around £1.5m is payable over a 2 year period. £749k will be paid at closing and the balance paid on a deferred basis,…