LONDON, UK: Smith+Nephew, the global medical technology business, announced the acquisition of Engage Surgical, owner of the only cementless unicompartmental (partial) knee system commercially available in the US. This acquisition strongly supports Smith+Nephew’s strategy for growth by transforming its business through innovation and acquisition, while also providing differentiation for its customers. The Engage Surgical Partial…
Author: Ali Mirza
Hikma expands into Canada with acquisition of Teligent Inc
LONDON, UK: Hikma Pharmaceuticals, the multinational pharmaceutical company, has agreed to acquire the Canadian assets of Teligent Inc. for $45.75 million. The transaction is expected to be completed before the end of the first quarter of 2022. The acquisition marks Hikma’s expansion into Canada and includes a portfolio of 25 sterile injectable products, three in-licenced…
Clean Power Hydrogen plans £50 million IPO on LSE
LONDON, UK: Clean Power Hydrogen Plc (CPH2), the UK-based green hydrogen technology and manufacturing company, has expressed intention to list its shares to trading on AIM market of London Stock Exchange (IPO on LSE). Clean Power Hydrogen Plc designs and manufactures hydrogen production units and is focused on the commercial production of green hydrogen in…
Foxtons Group announces disposal of Douglas & Gordon sales business
LONDON, UK: Foxtons Group, London’s leading estate agency, announced disposal of the D&G sales business and all of its branches, by way of the sale of Douglas & Gordon Limited (D&G), and the integration of the D&G lettings business into the Foxtons network. Strategic rationale The acquisition of lettings books and businesses is a key…
Wizz Air issues EUR 500 million bond
GENEVA: Wizz Air Holdings Plc, the fastest growing European low-cost airline, announced the pricing of its bond offering of EUR 500 million 1.00% notes due in 2026. The offering is expected to close on 19 January 2022 subject to customary conditions. The bond offering was executed within the framework of the Euro Medium Term Note…
Helical Plc announces intention to convert to a REIT
LONDON, UK: Helical plc, a UK real estate investment company, announced its intention to convert to a REIT with effect from 1 April 2022. As part of this process, Helical will notify Her Majesty’s Revenue & Customs of the Company’s intention to convert into a REIT and will seek Helical shareholder approval to replace its…
Midwich Group acquires 65% stake in Cooper Projects for £15mn
LONDON, UK: Midwich Group, a global specialist audio visual distributor to the trade market, has acquired a controlling stake in Cooper Projects Limited, the parent company of DVS Limited, a UK based distributor of video security products. Midwich has acquired 65% of the Company’s share capital for an initial cash consideration of £8.6 million, followed by…
Kainos Group acquires US-based Blackline Group
LONDON, UK: Kainos Group (KNOS), a leading digital technology company and Workday services partner, has entered into an agreement to acquire and completed the acquisition of Blackline Group Inc, a private United States based company. Established in 2009 and headquartered in Washington state, Blackline Group is a specialty services firm that focuses on procurement and is an…
Eco Atlantic signs MoU to acquire Azinam Group with all offshore assets
LONDON, UK: Eco Atlantic Oil & Gas has signed a Memorandum of Understanding (MOU) to acquire 100% of Azinam Group Limited including Azinam’s entire offshore asset portfolio, in return for a 16.65% equity stake in the enlarged group on completion of the acquisition. Azinam Group is a wholly owned subsidiary of Azinam Holdings Limited (“Vendor”),…
Longevity biotechnology firm, Genflow Biosciences announces IPO on LSE
LONDON, UK: Genflow Biosciences, a UK-based biotechnology company focused on longevity and the development of therapies to counteract the effects of aging and diseases associated with advanced age, has announced intention to seek a listing of its ordinary shares to the Standard Listing segment of the London Stock Exchange. The company will become the first…
Murria’s AdvancedAdvT confirms share exchange merger with M&C Saatchi
LONDON, UK: The Board of AdvancedAdvT Limited has confirmed its intention to exploring a share exchange merger with M&C Saatchi. This follows the announcement made by AdvancedAdvT on 5 January 2022 confirming that the company had acquired 12 ordinary shares in M&C Saatchi, an international communications network headquartered in London. AdvancedAdvT Limited is an acquisition vehicle listed on…
Sygnum’s oversubscribed Series B round raises $90 million
ZURICH: Sygnum, a digital asset technology group with a Swiss banking license and a Singapore asset management licence, has raised USD 90 million in an oversubscribed Series B funding round led by Sun Hung Kai & Co. Limited. They are joined by a raft of new and existing strategic investors, with the round valuing Sygnum…