LONDON, UK: Ideagen Plc, a leader in compliance software for highly regulated industries, has signed an agreement to sell the trade and principal assets of its Pentana Compliance business unit (formerly known as Redland Business Solutions) to StarCompliance, a leading provider of employee compliance technology solutions to the global financial services industry. Pentana Compliance provides…
Author: Ali Mirza
Rubix Group plans €850 million IPO on London Stock Exchange
LONDON, UK: Rubix Group is considering an initial public offering (IPO) on the main market of the London Stock Exchange. Rubix Group IPO will comprise new ordinary shares to be issued by the company raising proceeds equivalent to approximately €850 million, and additionally may also include the sale of existing ordinary shares by current shareholders….
Pendragon appoints Ian Filby as Non-Executive Chairman
LONDON, UK: Pendragon PLC announced the appointment of Ian Filby as non-executive chairman of Pendragon PLC. Ian’s appointment will formally commence on 01 November 2021. In addition to his duties as non-executive chairman, Ian will also chair the Company’s Nomination Committee and serve on the Company’s Remuneration Committee. Simultaneously with the commencement of Mr Filby’s…
Luceco acquires DW Windsor Group for £16.9 million
LONDON, UK: Luceco plc has acquired the entire issued share capital of DW Windsor Group Limited, the exterior lighting and networking specialist, for £16.9 million on a cash and debt-free basis. Luceco is the manufacturer and distributor of high quality and innovative wiring accessories, LED lighting, and portable power products. DW Windsor Group, based in…
Research and data analytics group, YouGov acquires Rezonence
LONDON, UK: YouGov Plc, the international research and data analytics group, has acquired Rezonence Ltd in a move that will bring clients ethical activation at scale. Rezonence is a technology business with a patented FreeWall – an interactive advertising format that facilitates access to premium online content after consumers engage with an advert or taking…
Pod Point considering IPO on London Stock Exchange
LONDON, UK: Pod Point, one of the United Kingdom’s leading providers of Electric Vehicle (EV) charging solutions, is considering an initial public offering (IPO) on the main market of the London Stock Exchange. The offer would comprise a primary offer of new shares to be issued by Pod Point with proceeds supporting Pod Point’s growth…
Pantheon Infrastructure to float shares on London Stock Exchange
LONDON, UK: Pantheon Infrastructure Plc (PINT) intends to launch an initial public offering (IPO) and to admit its Ordinary Shares to the premium segment of the Official List of the Financial Conduct Authority and to trading on the London Stock Exchange plc’s Main Market. Pantheon Infrastructure Plc (PINT) will target attractive risk-adjusted total returns comprising…
Sistema to partially sell stake in Segezha Group for $150mn
MOSCOW, RUSSIA: Sistema PJSFC has entered into an agreement to sell certain amount of ordinary shares of PJSC Segezha Group, a leading vertically integrated holding company in the timber industry performing a full cycle of operations from logging to advanced wood processing, to Bonum Capital Ltd for a total price of USD 150 million. The…
GLS to buy Canadian freight carrier Rosenau Transport for £210.5mn
LONDON, UK: Royal Mail’s subsidiary, General Logistics Systems (GLS), has agreed to acquire Canadian logistics company Mid-Nite Sun Transportation Ltd, one of the largest independent freight carriers in Western Canada that operates as ‘Rosenau Transport’. The total consideration is C$360.0 million (approximately £210.5 million) on a debt and cash free basis. The Acquisition will be…
Stelrad Radiator Group plans IPO on London Stock Exchange
LONDON, UK: Stelrad Radiator Group, a leading specialist manufacturer and distributor of steel panel radiators, is considering an initial public offering (IPO) and intends to publish a registration document today. Stelrad is considering applying for admission of the Ordinary Shares to the premium segment of the Official List of the FCA and to trading on…
Xaar to sell its stake in Xaar 3D to Stratasys for $33.8mn
LONDON, UK: Xaar PLC, the leading inkjet printing technology group, has conditionally agreed terms with Stratasys Solutions Limited to sell Xaar’s interest in Xaar 3D to Stratasys. Stratasys Solutions Limited is a partner of Xaar Plc in 3D printing business. Whilst Xaar 3D has continued to make progress this year there have been delays to…
Marks Electrical plans IPO on AIM of London Stock Exchange
LONDON, UK: Marks Electrical Limited, a fast growing online electrical retailer, has expressed intention to proceed with an initial public offering (IPO) and to seek admission to trading on AIM, a market of the London Stock Exchange, of the issued and to be issued ordinary shares in the capital of a newly established holding company…