LONDON, UK: Digital 9 Infrastructure Plc has completed the acquisition of a data centre asset and subsea fibre landing station, SeaEdge UK1, on the UK’s largest data centre campus in Newcastle for a purchase price of £15m. The asset forms part of the Company’s pipeline identified in the IPO prospectus and delivers on the Company’s…
Author: Ali Mirza
YouGov buys Swiss research agency, LINK Marketing for £21.7mn
LONDON, UK: YouGov Plc announced the acquisition of the leading Swiss market and social research agency, LINK Marketing Services AG based in Zurich. YouGov Plc is the international market research and data analytics group. The total consideration for the acquisition is CHF 26.4 million (£21.7 million) payable upfront in cash. The consideration will be funded…
TPXimpact Holdings acquires RedCortex for £13.35mn
LONDON, UK: TPXimpact Holdings (LON: TPX), the technology-enabled services company focused on digital transformation, announced the acquisition of the entire issued share capital of RedCortex Ltd, a digital and cloud-based transformation consultancy. The total consideration for the acquisition is £13.355m, with £6.355m being satisfied in cash and £7.0m being satisfied through the issue and allotment…
Triton Funds’ agrees to acquire Clinigen in a £1.2bn deal
LONDON, UK: Triley Bidco Limited, a newly-incorporated company indirectly owned by the Triton Funds, has agreed on terms to acquire Clinigen Group plc at approximately £1.2 billion on a fully diluted basis, a bourse filing said. Under the agreement Clinigen shareholders will be entitled to receive 883 pence in cash for each Clinigen Group share….
A.G. BARR takes initial 60% equity stake in MOMA Foods
LONDON, UK: A.G. BARR has taken an initial c.60% equity stake in MOMA Foods Limited with an agreed path to full ownership over the next 3 years. A.G. BARR produces and markets some of the UK’s leading drinks brands, including IRN-BRU, Rubicon and Funkin. MOMA Foods was founded by Tom Mercer in 2006 and quickly…
Saint-Gobain to acquire GCP Applied Technologies for $2.3bn
LONDON, UK: Saint-Gobain has entered into a definitive agreement to acquire all of the outstanding shares of and GCP Applied Technologies for $32 per share, in cash, in a transaction valued at approximately $2.3bn. This acquisition is a decisive step in establishing Saint-Gobain’s leading position worldwide in construction chemicals with total sales of more than…
London Stock Exchange to acquire Quantile Group for £274mn
LONDON, UK: London Stock Exchange Group (LSEG) has agreed to acquire Quantile Group Limited. LSEG has agreed to pay a maximum aggregate consideration of up to £274 million (subject to customary adjustments) to Quantile’s shareholders. Quantile is a leading provider of portfolio, margin and capital optimisation and compression services for the global financial services market….
NFT Investments offloads 25% equity stake in Kodoku Studios
LONDON, UK: NFT Investments has sold a 25% equity stake in Kodoku Studios, an innovative NFT-focused gaming company at the forefront of the exciting new NFT-gaming genre, acquired at a cost of £500,000. Kodoku is a London, UK-based studio that is developing a platform called “The Pit”, which will enable players to wager their NFTs…
IG Group selling Nadex and Small Exchange to Crypto.com for $216mn
LONDON, UK: IG Group Holdings has proposed sale of North American Derivatives Exchange Inc. (Nadex) and Small Exchange Inc. to Foris DAX Markets Inc., part of the group of companies trading as crypto.com. IG Group owns approximately 39% in Small Exchange. The proposed sale is a cash transaction with an approximate, aggregate price for the…
TEAM plc buys Omega Financial Services for £4.0mn
LONDON, UK: TEAM plc announced the acquisition of the entire issued share capital of Omega Financial Services Limited. Omega Financial is a Jersey-based IFA, specialising in retirement planning, mortgage advice, life assurance and bespoke investment advisory services. An initial consideration of £2.0 million is payable in cash, plus further deferred consideration of up to £2.0…
Brendan McMorrow appointed CEO of Ormonde Mining
LONDON, UK: Ormonde Mining announced that Brendan McMorrow, who was appointed as a non-executive director of the Company on 30 September 2021, has been appointed Chief Executive Officer (CEO) with immediate effect. Brendan McMorrow has over 25 years’ experience as a senior executive and director of publicly listed natural resources companies and will assist the…
Smartbox Holdings acquiring REHAVISTA and LogBUK for €10mn
LONDON, UK: Smartbox Holdings, a group company of CareTech Holdings, is acquiring REHAVISTA GmBH and its subsidiary company LogBUK. Smartbox will pay a purchase price of €10m to be satisfied in cash on completion, expected on 30 November 2021. The transaction is being funded by the Group’s debt facility with CareTech subscribing for additional shares…