LONDON: Judges Scientific, a group focused on acquiring and developing companies in the scientific instrument sector, has acquired 100% of the issued share capital of Magsputter Limited, the holding company of Teer Coatings Limited. Teer is a company specialising in manufacturing coating instruments and providing coating services. The Board expects the acquisition to be immediately earnings…
Author: Bernice Miles
CVC Advisors led consortium offers to acquire Hargreaves Lansdown for £5.443 billion
CVC Advisors Limited led consortium through indirectly owned Harp Bidco Limited, has made final cash offer to acquire Hargreaves Lansdown plc (HL) at the rate of 1,140 pence in cash/share. The cash offer values HL’s entire issued, and to be issued, ordinary share capital at approximately £5.443 billion on a fully diluted basis. Hargreaves Lansdown plc (HL) is…
Assura to acquire Northwest Healthcare’s UK private hospitals for £500 million
LONDON: Assura plc has agreed with Northwest Healthcare Properties to acquire its fully operational UK Private Hospital Portfolio comprising 14 assets for a consideration of £500 million. This will be fully funded through a mix of cash and shares. Assura believes there is significant opportunity in the structurally-supported private hospital market with strong growth potential and attractive…
Netcall acquires digital process automation firm, Govtech for £13 million
LONDON: Netcall plc (AIM: NET), a leading provider of intelligent automation and customer engagement software, has acquired Govtech Holdings Limited, a digital process automation company. Headquartered in Cirencester, Gloucestershire, Govtech serves around 50 local authorities including Leeds City Council, The City of Edinburgh Council and Bristol City Council. All 39 employees, including the founders, will…
DCB Sports signs intent to acquire Guild eSports
LONDON: DCB Sports LLC has signed a letter of intent pursuant to which DCB Sports will acquire 100% of the assets of Guild Esports (LSE:GILD) as well as assuming all disclosed liabilities of the Company There is no guarantee that the Transaction will complete, and Guild remains in discussions with other parties. DCB Sports will…
Knights Group has agreed to acquire Thursfields Solicitors for £12.5m
LONDON: Knights Group has agreed to acquire Thursfields Legal Limited (Thursfields Solicitors”), a premium, full service legal services business with offices across the West Midlands. Under the terms of the acquisition, Knights will acquire Thursfields Legal Limited from its ten shareholders on a debt free, cash free basis, for a total consideration of c.£12.5m. This comprises…
Informa PLC offers to acquire Ascential Plc for £1.2 billion
LONDON: Informa PLC reached agreement on the terms of a recommended cash offer for the entire issued and to be issued ordinary share capital of Ascential Plc. Under the terms of the offer, each Ascential shareholder will be entitled to receive 568 pence in cash/share valuing the share capital of Ascential at approximately £1.2 billion…
Hammerson Plc sells Value Retail Group to L Catterton for £600 million
LONDON: Hammerson Plc has entered into a binding agreement for the disposal of its entire interest in Value Retail to Silver Bidco, a newly-formed company incorporated in Jersey and established by certain affiliates of L Catterton. The transaction implies an enterprise value of £1.5bn, generating cash proceeds of c.£600 million for Hammerson. Rita-Rose Gagné, CEO, Hammerson plc,…
Mitie Group acquires ESM Power in a £8.5 million deal
LONDON: Mitie Group plc has entered into an agreement to acquire ESM Power, a leading high voltage electrical engineering business specialising in grid and power connections, for a maximum consideration of £8.5m (comprising an initial payment of £5.5m and performance-linked deferred payments of up to £3m over two years). Completion is expected on 31 July…
Water Intelligence plc has acquired Feakle Gas and Plumbing Limited in Ireland
Water Intelligence plc (AIM: WATR.L) announced the acquisition of Feakle Gas and Plumbing Limited, a company operating in Ireland (FG&P), by the Group’s Water Intelligence International (WII) subsidiary
Huddled Group acquires 75% of the equity in Boop Beauty Limited
UK: Huddled Group plc (AIM:HUD), the circular economy e-commerce group has taken a controlling stake of 75% of the equity in Boop Beauty Limited, an e-commerce business
Marston’s sells its 40% interest in Carlsberg Marston’s Limited for £206 million
LONDON: Marston’s PLC announced the sale of its remaining non-core brewing assets to create a business entirely focused on pubs, with a binding agreement to sell the whole of its 40% interest in Carlsberg Marston’s Limited (CMBC) to a subsidiary of Carlsberg A/S for £206 million in cash. Justin Platt, Chief Executive Officer, commented: “Today’s…