AUCKLAND, NZ: thl and Apollo Tourism & Leisure Ltd (ATL) have entered into an agreement to sell certain ATL assets to a wholly owned subsidiary of JUCY Group (2022) Limited for an indicative purchase price of approximately NZ$45 million. The divestment to Jucy remains subject to confirmation from the New Zealand Commerce Commission (NZCC) and…
Author: Chenos Kahn
TAQA secures $1.09bn project financing for Mirfa International Power & Water Plant
ABU DHABI, UAE: Abu Dhabi National Energy Company (TAQA) has announced that the Mirfa International Power & Water Company (MIPCO), the project company that owns and operates the Mirfa Power & Water Plant (Mirfa IWPP), successfully completed refinancing of AED 4 billion (USD 1.09 billion). This long-term financing is denominated in USD and is slated…
Aura Energy appoints David Woodall as Managing Director and Chief Executive Officer
SYDNEY, AUSTRALIA: Aura Energy Limited (ASX:AEE) announced the appointment of David Woodall as Managing Director and Chief Executive Officer of the Company effective Monday 17 October 2022. Mr Woodall is a senior, corporate executive with a mining engineering qualification and 30 years’ experience across exploration, operations, project development, community alignment and engagement in the mineral…
General Atlantic to acquire majority interest in Kahoot!
OSLO, NORWAY: Kahoot!, the global learning and engagement platform company, announced that General Atlantic, a leading global growth equity firm, has joined its investor base to support the company’s next phase of expansion. Existing investor SB Northstar LP, a fund managed by a 100% directly owned subsidiary of SoftBank Group Corp., partner to Kahoot! since…
Waga Energy rolls out first RNG project in British Columbia
PARIS, FRANCE: Waga Energy (EPA: WAGA) and the Capital Regional District are rolling out a high-capacity RNG project at Hartland Landfill on Vancouver Island, a statement noted. Waga Energy, a specialist in the production of Renewable Natural Gas (RNG) from landfills, has signed a contract with the Capital Regional District (CRD), one of 28 districts…
Bureau Veritas has acquired C.A.P. Government Inc
PARIS, FRANCE: Bureau Veritas has acquired C.A.P. Government Inc. (CAP), a US-based company serving as one of the largest building department services firms in Florida. As the world leader in TIC for the Buildings & Infrastructure market, Bureau Veritas offers services covering the entire lifecycle of different assets, from planning to design, execution and operation….
Bond Pet Foods closes $17.5 million in Series A Funding
LONDON, UK: Bond Pet Foods, the Boulder-based company creating meat proteins through fermentation for pet food applications, announced that it has completed its Series A fundraise totaling $17.5 million. The oversubscribed round includes investment from global food and agriculture pioneers ADM Ventures (Archer Daniels Midland Company) and Cavallo Ventures (Wilbur Ellis); institutional funds Genoa Ventures…
Schlumberger, Aker Solutions and Subsea 7 create joint venture
LUXEMBOURG: Schlumberger, Aker Solutions and Subsea 7 announced an agreement to form a joint venture to deliver a step change in subsea production economics by helping customers unlock reserves, reduce time to first oil and lower development costs while simultaneously delivering on their decarbonization objectives. The proposed joint venture will comprise the subsea businesses of…
The Market Herald is acquiring Gumtree Australia, Autotrader Australia and Carsguide
SYDNEY, AUSTRALIA: The Market Herald Limited (ASX:TMH) is acquiring Gumtree Australia, Autotrader Australia and Carsguide as part of the digital classified advertising expansion. Acquiring Gumtree, Carsguide and Autotrader Gumtree is an iconic brand and marketplace used by 1 in 3 Australians and 10 million households every month. With over 100,000 new listings every day, 3.5…
Financial market solutions provider Infront to acquire Assetmax AG
OSLO, NORWAY: Infront AS has entered into an agreement for the acquisition of Assetmax AG. The acquisition represents an important milestone for Infront as the company further strengthens its product offering for wealth management customers across Europe. The transaction is expected to be completed by the end of September at the latest, subject to customary…
Perpetual Limited to acquire 100% shares in Pendal Group
SYDNEY, AUSTRALIA: Perpetual Limited (ASX:PPT) has entered into a binding Scheme Implementation Deed with Pendal Group (ASX:PDL) under which Perpetual intends to acquire 100% of shares in Pendal by way of a Scheme of Arrangement. The combination of these two highly aligned businesses will create a leading global asset manager with significant scale, a broad…
MOVE Logistics agrees to acquire Fluidex Transport for $15.2mn
SYDNEY, AUSTRALIA: MOVE Logistics Group Limited (NZX: MOV), has signed an agreement to acquire the business and assets of Fluidex Transport, a leading bulk liquids and bulk dry powder transport provider operating throughout New Zealand. The acquisition is for 100% of the business and assets and a freehold property in Blenheim. The purchase price is…