What are the things, one must consider while choosing the right vehicle. No vehicle does everything perfectly, but many do a lot of things well. For instance, you’ll find many cars with good reliability that are also comfortable, quiet, and fun to drive. But you still may have to compromise somewhere. For example, there might…
Author: Ali Mirza
Topps Tiles acquires 60% shares in Pro Tiler Ltd for £5.3 million
LONDON, UK: Topps Tiles, the UK’s leading tile specialist, announced the acquisition of 60% of the issued share capital of Pro Tiler Ltd, an online specialist supplier of tiling-related consumables and equipment to trade customers. Consideration of £5.3 million (plus a £0.3 million closing adjustment) was paid in cash on completion of the Initial Acquisition…
Flexible workspace solutions provider IWG to merge with The Instant Group
LONDON, UK: IWG plc, the world’s leading supplier of flexible workspace solutions, has entered into contract to merge certain of its digital and technology assets with The Instant Group, a global business which operates as the world’s leading independent provider of flexible workspace platform and services. IWG will invest net cash of c.£270 million to…
CLS Holdings to acquire office building in Dortmund for €66.25mn
LONDON, UK: CLS Holdings has unconditionally exchanged contracts to acquire a 23,982 sqm / 258,140 sq. ft office building in Dortmund for €66.25 million (€2,763 per sqm) excluding costs. The property is located in a prime office location in the CBD of Dortmund, next to the central shopping district. The Central Station is within 800m…
IP Group’s portfolio company Microbiotica completes £50m fund raise
LONDON, UK: IP Group plc (LSE: IPO) portfolio company Microbiotica Ltd, a leading player in discovering and developing microbiome-based therapeutics and biomarkers, has completed its £50m Series B financing round, the largest microbiome-related financing in Europe to date. The financing round was also supported by new investors Flerie Invest, Tencent and British Patient Capital as well as existing investors…
Ricardo plc signs agreement to acquire Inside Infrastructure
LONDON, UK: Ricardo plc, a world-class environmental, engineering, and strategic consulting company, has signed an agreement to acquire Inside Infrastructure, a privately held consultancy business based in Adelaide, Australia, for an undisclosed consideration. The agreement includes the acquisition of the entire business, operating assets, and employees, and will expand Ricardo’s environmental capabilities across Australia. Inside…
Cordiant Global Agricultural Income plans $300mn IPO on LSE
LONDON, UK: Cordiant Global Agricultural Income Plc announced intention to undertake an initial public offering (IPO) of its shares and will seek admission of its ordinary shares to the premium listing segment of the Official List of the FCA and to trading on the Main Market of the London Stock Exchange. The company is targeting…
FD Technologies partners Microsoft to expand streaming data analytics platform
LONDON, UK: FD Technologies (AIM: FDP.L) has entered into a strategic partnership agreement with Microsoft to expand the reach of its KX Insights streaming data analytics platform as more organisations look to modernise their data infrastructure for real-time decision making. Firstly, KX Insights will be embedded natively on the Microsoft Azure platform as a first…
Lords Group acquires builders’ merchant AWLC Limited for £23.1mn
LONDON, UK: Lords Group Trading, a leading distributor of building materials in the UK, has acquired the business and assets of a leading local independent builders’ merchant, A.W. Lumb through the acquisition of the entire issued share capital of AWLC Limited for a total consideration of £23.1 million. The acquisition is in line with Lords’…
Tata Steel acquires CPL to produce medical materials
LONDON, UK: Tata Steel Advanced Materials Limited (TSAML), an indirect wholly owned subsidiary of Tata Steel Limited, has executed a Share Purchase cum Shareholders’ Agreement for acquisition of 90% equity stake in Ceramat Private Limited (CPL). Tata Steel Limited aspires to setup a world class facility to produce medical materials and use CPL as a…
The MISSION Group acquires youth focused creative business, Livity
LONDON, UK: The MISSION Group plc (AIM: TMG) announced the acquisition of Livity ltd, the youth focused creative business for a consideration of £0.1 million, to be satisfied in cash. Based in Brixton, South London but working globally for its clients, Livity is the market leader in its space with over 20 years’ experience. It…
AssetCo to acquire Revera Asset Management for £2.8mn
LONDON, UK: AssetCo Plc, the agile asset and wealth management company, has reached agreement to acquire the entire issued share capital of Revera Asset Management Limited for an effective total consideration of £2.8 million. The Consideration will be satisfied by the issue of 54,639 new ordinary shares of 10p each in the Company, fully paid…