It’s no secret that debt may be a heavy burden, both financially and emotionally. When you’re fighting to make your monthly payments, it feels like you’re caught in a never-ending cycle. But believe it or not, there is light at the end of the tunnel! We’ll explain how to utilize an asset-based method to deal…
Author: Chenos Kahn
Touchstone Exploration announces first natural gas sales from the Coho facility
CALGARY, ALBERTA: Touchstone Exploration Inc. announced that the Coho facility has safely delivered first natural gas, representing the first onshore natural gas project to come onstream in Trinidad and Tobago in over twenty years. The Coho area is located in the Ortoire block, where Touchstone has an 80 percent operating working interest and Heritage Petroleum…
Telenor to divest 30% of Telenor Fiber AS in Norway for NOK 36.1bn
OSLO, NORWAY: Telenor has entered into an agreement to divest 30% of the newly established company Telenor Fiber AS in Norway to a consortium led by KKR and Oslo Pensjonsforsikring. The transaction is expected to be completed early 2023. The agreed sales price represents an enterprise value for the Norwegian fibre business of NOK 36.1…
Banijay Entertainment signs deal to acquire Beyond International
SYDNEY, AUSTRALIA: Banijay Entertainment SAS has entered into a binding Scheme Implementation Deed (SID) to acquire Beyond International Limited for $0.7744 per Beyond share in cash. If the conditions to the scheme are met and it is implemented, Beyond shareholders will receive $0.7744 cash per Beyond share, representing a 57% premium to the one-month volume…
Arcadis signs deal to acquire DPS Group for €232 million
AMSTERDAM: Arcadis, the leading global design & consultancy organization for natural and built assets, has entered into an agreement to acquire DPS Group, a leading consultancy, engineering and construction management company for Life Sciences and Semiconductor facilities. The acquisition of DPS for a cash consideration of €232 million or an enterprise value of around €295m…
Orkla Food Ingredients to purchase 84% of US-based Denali Ingredients
OSLO, NORWAY: Orkla Food Ingredients (OFI) has entered into an agreement to purchase 84% of the shares in Denali Ingredients, which is a leading ice cream ingredients business in the USA. The purchase price on a 100% and cash and debt free basis is USD 200 million, equivalent to NOK ~2.2 billion. Denali Ingredients has…
Worldline agrees to acquire 40% stake in Online Payment Platform B.V.
PARIS, FRANCE: Worldline, a global leader in payment services, announced an agreement for the acquisition of a 40% stake in Online Payment Platform B.V., (OPP) an online Payment Service Provider with a dedicated payment solution for marketplaces and platforms. Marketplaces and platforms: a fast growing e-commerce market Transactions through marketplaces and platforms make up approximately…
IMMO Blockchain acquires DIMOBA, pioneer of interactive live streaming
PARIS, FRANCE: IMMO Blockchain, a group combining dynamic management of proprietary land assets, event solutions and developing a new land investment platform based on Blockchain technology announced the acquisition of 100% of the capital and voting rights of the company DIMOBA, a pioneer in interactive live streaming. Founded 5 years ago, the company produces innovative…
IHC acquires a majority stake in Emircom for AED 250 million
ABU DHABI, UAE: International Holding Company (ADX: IHC), the diversified Abu Dhabi-based conglomerate, announced today the completion of a 54% stake acquisition in Emircom, the Middle East leading information and communications technology (ICT) provider, through its subsidiary IHC Digital. For nearly four decades, Emircom has been the ICT Partner of choice for many of the…
Eurofins divests its Digital Testing business to Stirling Square for €220 million
PARIS, FRANCE: Eurofins Scientific, the global leader in food testing and a global scientific leader in bioanalytical testing, announces the signing of an agreement to divest its Digital Testing business to Stirling Square Capital Partners for €220m on a cash and debt free basis. This business contributes approximately 1 percent of the Group’s sales and…
TotalEnergies obtains 9.37% in QatarEnergy’s North Field South LNG project
PARIS, FRANCE: Following its selection as the first partner for the 32 million ton per annum (Mtpa) North Field East (NFE) liquefied natural gas (LNG) project, TotalEnergies has again been selected as the first international partner in the 16 Mtpa North Field South (NFS) LNG project. TotalEnergies will obtain a 9.375% participating interest in the…
MotorCycle Holdings will acquire Mojo Group for $60 million
SYDNEY, AUSTRALIA: MotorCycle Holdings Limited (ASX:MTO), Australia’s largest motorcycle dealership operator, will acquire 100% of Mojo Motorcycles Pty Ltd and Mojo Electric Vehicles Pty Ltd (together Mojo Group). Mojo Group is a motorcycle, scooter, ATV, electric motorcycle, and genuine spare parts and accessories importer and distributor operating in Australia and New Zealand, with a 150-strong…