In an unprecedented era in American history, the scale and scope of crimes committed by private and state elites have reached new heights. Federal authorities are investigating Meta Platforms for its role in the illicit sale of drugs. U.S. prosecutors in Virginia have been sending subpoenas and asking questions as part of a criminal grand…
Author: Ali Mirza
Henderson’s European Focus Trust and EuroTrust to merge, creating Henderson European Trust plc
LONDON: Henderson European Focus Trust plc (HEFT) and Henderson EuroTrust plc (HNE) have announced their intention to merge, creating a new investment powerhouse: Henderson European Trust plc (the “Combined Trust”). This merger is poised to establish an enlarged flagship European investment trust, with management helmed by the seasoned European equities team at Janus Henderson Investors….
Voyager Plc and Northern Leaf plc have agreed to merge
LONDON, UK: Voyager Plc has signed heads of terms with Northern Leaf plc for a merger of the two companies. The merger would value the enlarged group at in excess of £5 million, based on Voyager’s current share price of 11 pence and assuming that the deferred consideration is settled in full. The deferred consideration…
Dynasty Gaming & Media to acquire Googly Media Holdings for $7.6 million
LONDON, UK: Blue Star Capital plc, an investment firm specializing in esports, payments, and technology, has announced that its investee, Dynasty Gaming & Media Pte Ltd, has agreed to acquire Googly Media Holdings Pte Ltd. The deal, valued at approximately $7.6 million, will result in a combined entity worth $15 million. The acquisition, effective from…
Hill & Smith has acquired FM Stainless for $8.75 million
LONDON, UK: Hill & Smith plc, the international provider of sustainable infrastructure products and services, announced the acquisition of FM Stainless, LLC. The Group has completed the acquisition of the business and assets of FM Stainless from its principal shareholder, Chad Hood, who will be staying with the business. The initial cash consideration is $8.25m…
Hornby Plc has bought The Corgi Model Club
LONDON, UK: Hornby Plc, the international models and collectibles Group, announced the acquisition of the assets, trade and intellectual property of The Corgi Model Club (CMC) from Blue 14, an investment vehicle majority-owned by entrepreneur Jim Lewcock. The management of CMC is joining Hornby, with Guy Stainthorpe appointed as the Brand MD of Corgi. The…
Essentially Group to acquire Best of Latin Foodstuff Trading for £1.945 million
LONDON, UK: Essentially Group’s wholly owned subsidiary, Essentially Holdings Limited, a company registered in Abu Dhabi Global Market, has signed a share purchase agreement for the acquisition of the entire share capital of Best of Latin Foodstuff Trading LLC from the sole shareholder, Catalina Oñate, for a total consideration of £1,945,000. The consideration is to…
HSS Hire Group to sell ABird Limited and APEX Generators Limited for £23.25 million
LONDON, UK: HSS Hire Group has entered into an unconditional agreement to sell ABird Limited and APEX Generators Limited, the Group’s power solution providers, to CES Global for an enterprise value of £23.25 million. The cash proceeds from the disposal will further strengthen the Group’s balance sheet, a company announcement on London Stock Exchange noted….
Breedon Group acquires US concrete supplier BMC Enterprises for $300m
LONDON: Breedon Group plc, a leading construction materials group in Great Britain and Ireland, has announced the acquisition of BMC Enterprises Inc., a supplier of ready-mixed concrete, aggregates and building products based in St Louis, Missouri, for an enterprise value of $300m (£238.1m). The deal, which is expected to close by 7 March 2024, will…
Viavi Solutions offers to acquire Spirent Communications for £1.005 billion
LONDON, UK: Spirent Communications, a leading provider of test and measurement solutions for the communications industry, has agreed to be acquired by Viavi Solutions. The deal, which values Spirent at about £1.005 billion, will be implemented through a scheme of arrangement under UK law. Spirent shareholders will receive 175p per share in cash, comprising 172.5p…
Halma Plc has acquired Rovers Medical Devices B.V. for £78 million
LONDON, UK: Halma Plc, the global group of life-saving technology companies, has acquired Rovers Medical Devices B.V., a company announcement noted. Headquartered in Oss in the Netherlands, Rovers designs and manufactures sample collection devices used in the prevention and diagnostics of cervical cancer. Rovers’ products are principally for professional use and include its Cervex-Brush®, widely…
Intertek Group agrees to acquire Base Metallurgical Laboratories and Base Met Labs US
LONDON, UK: Intertek Group plc, a Total Quality Assurance provider to a range of industries worldwide, has agreed to acquire Base Metallurgical Laboratories Ltd. and Base Met Labs US Ltd. (Base Met Labs), a leading provider of metallurgical testing services for the Minerals sector based in North America. In order to meet the demands of…