LONDON, UK: Nightcap Plc (LON: NGHT) has acquired the entire issued share capital of Barrio Familia Ltd and its subsidiaries, a news release noted. As a result of the Acquisition, the board of Nightcap expects that the Group’s results for the 53 weeks ending 3 July 2022 will be significantly ahead of current market expectations….
Author: Ali Mirza
Halma Plc acquires Infinite Leap for up to $47 million
LONDON, UK: Halma Plc, the global group of life-saving technology companies, has acquired Infinite Leap Inc. for its Medical sector business, CenTrak, which provides real-time location services for healthcare facilities. Infinite Leap is a healthcare consulting and services provider for real-time location technologies, based in Fargo, North Dakota, USA, which is also developing unique new…
Unilever to sell ekaterra tea business to CVC Capital Partners for €4.5bn
LONDON, UK: Unilever has entered into an agreement to sell its global Tea business, ekaterra, to CVC Capital Partners Fund VIII for €4.5 billion on a cash-free, debt-free basis. ekaterra is the world’s leading Tea business, with a portfolio of 34 brands including Lipton, PG tips, Pukka, T2 and TAZO®. The business generated revenues of around €2…
Hochschild announces $100mn Aclara Resources IPO on TSE
LONDON, UK: Hochschild Mining PLC (LON: HOC) announced the launch of the initial public offering (IPO) of Aclara Resources on the Toronto Stock Exchange (TSX). Aclara Resources has filed a prospectus in Canada qualifying the distribution of the Aclara Shares issuable pursuant to the Demerger Dividend under applicable Canadian securities laws. Concurrently with the Aclara…
Insig AI buys FDB Systems Limited in £10 million deal
LONDON, UK: Insig AI plc (LON: INSG), the data science and machine learning solutions company, has entered into a conditional share purchase agreement to acquire the entire issued share capital of FDB Systems Limited. Insig AI plc will pay to the selling shareholders up to £10.0 million. FDB Systems specialises in the collection and structuring…
Hyve Group to acquire 121 Group for up to £50 million
LONDON, UK: Hyve Group, the next-generation global events business, has agreed to acquire 121 Group (HK) Limited and 121 Partners Limited (121 Group) for initial consideration of $28 million. The estimated total consideration after earn-out is expected to be between approximately £42 million and £50 million. 121 Group is a market leading omnichannel meetings programme…
Caledonia to divest its holding in bioagilytix for $183mn
LONDON, UK: Caledonia Investments plc (LON:CLDN) announced that the shareholders of portfolio company BioAgilytix, a leading provider of bioanalytical testing for large molecule research and development, have agreed terms of a majority investment in the company by international private equity firm Cinven. Cinven’s investment involves a sale of Caledonia’s interest in BioAgilytix to Cinven. Caledonia’s…
Superdielectrics Group announces intention to float on LSE
LONDON, UK: Superdielectrics Group intends to seek admission of the entire issued and to be issued share capital of the company to trading on the AIM market of the London Stock Exchange. The Company is focused on developing technology to build supercapacitors with high energy density, low cost, and environmentally benign electrical energy storage devices…
Landsec to create £135mn net zero transition investment fund
LONDON, UK: Landsec has announced the creation of a new £135m net zero transition investment plan to help the Group achieve its 2030 science-based targets and drive its transition to net zero. The move comes two years ahead of the Government’s recently announced deadline for corporates to publish their pathway to net zero. The fund…
108 Media to buy DCD Media’s subsidiary, NBD for £4.7mn
LONDON, UK: DCD Media has conditionally agreed to sell the entire issued share capital of NBD to 108 Media Limited for a total consideration of up to £4.7 million in cash. NBD is the company’s sole direct subsidiary. Timeweave Limited is a major shareholder of DCD Media. When Timeweave took control of DCD Media almost…