Oakley Capital to sell its stake in Schülerhilfe to Levine Leichtman Capital Partners

LONDON: Oakley Capital Investments Limited (OCI) announced that Oakley Capital Fund III (Fund III) has reached an agreement to sell its stake in Schülerhilfe, the leading provider of professional tutoring…

Bernice Miles October 24, 2024

London Stock Exchange

Rio Tinto signs deal to acquire Arcadium Lithium for $6.7 billion

LONDON: Rio Tinto and Arcadium Lithium plc (NYSE: ALTM) announced a definitive agreement under which Rio Tinto will acquire Arcadium in an all-cash transaction for US$5.85 per share. The transaction…

Bernice Miles October 9, 2024

London Stock Exchange

Brooks Macdonald to acquire LIFT Financial Group and LIFT Invest

LONDON: Brooks Macdonald Group will acquire 100% of the issued share capital of each of LIFT - 'LIFT-Financial Group Ltd and LIFT-Invest' for an initial consideration of £30 million payable in cash…

Bernice Miles October 8, 2024

London Stock Exchange

FD Technologies to sell First Derivative Business to EPAM for £230 million

LONDON: FD Technologies (AIM: FDP.L) has entered into an agreement to sell the Group's First Derivative Business to EPAM Systems Inc. for an enterprise value of £230m. The divestment is…

Bernice Miles October 7, 2024

London Stock Exchange

Partners Group is selling Techem, an energy services provider, for EUR 6.7 billion

LONDON: Partners Group is selling Techem, an energy services provider, for EUR 6.7 billion Partners Group, the Investment Manager of Partners Group Private Equity (PGPE), has agreed to sell its…

Bernice Miles October 1, 2024

London Stock Exchange

Luceco plc has acquired CMD Limited for £30 million

LONDON: Luceco plc, the supplier of wiring accessories, EV chargers, LED lighting, and portable power products, has acquired CMD Limited (CMD), the market-leading manufacturer of wiring accessories for the workplace,…

Bernice Miles September 30, 2024

London Stock Exchange

Close Brothers selling wealth management business, CBAM, to Oaktree Capital for £200 million

LONDON: Close Brothers Group has agreed to sell its wealth management business, Close Brothers Asset Management (CBAM), to funds managed by Oaktree Capital Management, L.P. for an equity value of…

Bernice Miles September 19, 2024

London Stock Exchange

L&G to sell UK house builder CALA Group for an enterprise value of £1.35bn

LONDON: Legal & General Group (L&G) has agreed the sale of the UK house builder CALA Group for an enterprise value of £1.35bn, to Ferguson Bidco Limited, an entity owned…

Bernice Miles September 18, 2024

London Stock Exchange

Playtech sells Snaitech to Flutter Entertainment at enterprise value of €2.3 billion

LONDON: Playtech plc has entered into a definitive agreement for the sale of Snaitech S.p.A. and certain of its subsidiaries to Flutter Entertainment Holdings Ireland Limited for a total enterprise…

Bernice Miles September 17, 2024

London Stock Exchange

JTC to acquire Citi Trust, a fiduciary and trust administration services business, for $80million

LONDON: JTC, the global professional services provider, announced the proposed acquisition of the global fiduciary and trust administration services business (Citi Trust) from Citigroup Inc. for a total consideration of…

Bernice Miles September 16, 2024

London Stock Exchange

Flutter Entertainment Brazilian operator of Betnacional, NSX Group, for $350 million

LONDON: Flutter Entertainment (NYSE:FLUT), the world's leading online sports betting and iGaming operator, today announced the acquisition of an initial 56% stake in NSX Group, a leading Brazilian operator of the Betnacional…

Bernice Miles September 13, 2024

London Stock Exchange

Renold plc has acquired MAC Chain Company for $31.4mn

LONDON: Renold plc, a leading international supplier of industrial chains and related power transmission products, has acquired the trade and net assets of MAC Chain Company Ltd (U.S.) and the…

Bernice Miles September 10, 2024