PARIS, FRANCE: EssilorLuxottica, a global leader in the optical industry, and VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, have entered into a definitive agreement for EssilorLuxottica to acquire the Supreme brand from VF for $1.5 billion in cash. Francesco Milleri, Chairman and Chief Executive Officer and Paul du…
Author: Chenos Kahn
Movies on stock exchange every finance professional must watch
Movies have a unique ability to convey powerful messages. When it comes to movies on stock exchange, they serve a dual purpose: education and entertainment
Bel Group and Dassault Systèmes partner to accelerate food industry transition
Dassault Systèmes and Bel Group, today announced their long-term partnership to accelerate the food industry’s transformation towards a more sustainable model.
Axiom Properties Limited has acquired ListSure for $2 million
Sydney, Australia: Axiom Properties Limited (ASX:AXI) has acquired all of the issued capital in ListSure Pty Ltd, an innovative and regulated real estate funding solutions business. The acquisition cost is $2.0 million. Axiom Managing Director Ben Laurance said, “We see this ListSure acquisition, with its best-in-class, proprietary technology platform and credit-decisioning capability, as a key…
Brookfield Asset Management to acquire 53.12% shares of Neoen at 39.85 euros per share
PARIS: On June 24, 2024, following completion of Neoen’s works council information and consultation process, a share purchase agreement has been signed between Brookfield Asset Management and Impala, the Fonds Stratégique de Participations managed by ISALT, Cartusia, Xavier Barbaro and other shareholders, to acquire approximately 53.12% of the outstanding shares of Neoen at a price…
Accel-KKR signs deed to acquire K2fly Limited for $38 million
SYDNEY: K2fly Limited (ASX:K2F) has entered into a binding Scheme Implementation Deed (SID) with Argyle Bidco Pty Limited, a wholly owned subsidiary of Accel-KKR Company, under which Accel-KKR will acquire 100% of the shares in K2fly by way for $0.19 cash per share valuing K2fly at $38 million. K2fly’s Chief Executive Officer, Nic Pollock, said:…
GiG signs deal to acquire SEO and content services supplier, Titan Inc.
Gaming Innovation Group Inc. (GiG) has signed a head-of-terms agreement to acquire Titan Inc. Limited, a premier SEO and content services supplier
Frende banks acquires 70% interest in Borea Asset Management
Frendegruppen to buy 70 percent of the asset management company Borea Asset Management.
TotalEnergies sells TotalEnergies EP Brunei to Hibiscus Petroleum for $259 million
PARIS: TotalEnergies (Paris:TTE) has entered into an agreement to sell its wholly-owned subsidiary TotalEnergies EP (Brunei) B.V. to Hibiscus Petroleum Berhad, a Malaysian independent oil and gas exploration and production company, for a consideration of $259 million. The transaction is expected to close in the fourth quarter 2024. TotalEnergies EP (Brunei) B.V. owns and operates…
Glentra Fund offers to acquire Kyoto Group AS
OSLO, NORWAY: Kyoto Group AS, a prominent player in the energy sector, has announced a landmark transaction with GF I Kiln HoldCo AS, an acquisition entity owned by the esteemed Glentra Fund I K/S. This strategic move includes a directed share issue and a subsequent voluntary all-cash offer for all outstanding shares of Kyoto, marking…
Pelagia acquires all the remaining shares in Blue Ocean Technologies AS
OSLO: Pelagia has now acquired all the remaining shares in Blue Ocean Technologies AS, and is the 100% owner of the company. In February 2024 Pelagia became the majority shareholder in Blue Ocean Technology AS following a share issue in the company. Blue Ocean Technology AS was established in 2012, by entrepreneurs with close ties…
Eurazeo sells its 25% stake in MCH Private Equity
PARIS: Eurazeo announced the sale of its 25% stake in MCH Private Equity (MCH), an asset manager specialized in small cap private equity in Spain. Eurazeo retains an EUR 80 million investment in the MCH V fund. An announcement will be made by Eurazeo before the end of July on the finalization of this process,…