LONDON, UK: Grafton Group plc, the building materials distributor and DIY retailer with operations in Ireland, the UK, the Netherlands and Finland, announced that Chadwicks has entered into an agreement to acquire Rooneys Homevalue Limited (Rooneys), a distributor of building materials and DIY products from a single location in Kells, County Meath. Completion of this…
Category: London Exchange
London Stock Exchange (LSE) news, AIM news, AIM announcements, company announcements, corporate news, london stock market
Atrato Onsite Energy plc to acquire £77.3m rooftop solar portfolio in the UK
LONDON, UK: Atrato Onsite Energy plc (LSE: ROOF), a clean energy investment company, has agreed to buy a £77.3m portfolio of rooftop solar assets in the UK. The portfolio consists of 34MW of solar PV systems on residential rooftops, which receive payments from the government’s feed-in-tariff scheme. The portfolio is expected to generate 30GWh of…
Mark FitzPatrick appointed new CEO of St. James’s Place
LONDON, UK: St. James’s Place wealth management business announced the appointment of Mark FitzPatrick to the Board of Directors as Chief Executive Officer designate with effect from 1 October 2023. Mark’s appointment follows an extensive and robust selection process by the Group Nomination and Governance Committee, considering both internal and external candidates. Subject to regulatory…
PHP to acquire Ireland’s first Enhanced Community Care facility for €29.64 million
LONDON, UK: Primary Health Properties plc (LSE: PHP), one of the UK’s leading investors in modern primary healthcare facilities, announced that it has agreed to acquire Ireland’s first Enhanced Community Care (“ECC”) facility at Ballincollig, near Cork, Ireland, for a total consideration of €29.64 million. The property is fully let to the Health Service Executive…
discoverIE Group has acquired 2J Antennas Group for £45 million
LONDON, UK: discoverIE Group announced the acquisition of 2J Antennas Group (2J), a Slovakian-based designer and manufacturer of antennas, for a cash consideration of €52.5m (£45.0m) on a debt free, cash free basis, before expenses, which will be funded from the Group’s existing debt facilities. Founded in 2002, 2J Antennas is a leading designer and…
Longboat Energy expands in SE Asia through the acquisition of Topaz Number One Limited
LONDON, UK: Longboat Energy, an emerging full-cycle E&P company active in Norway and Malaysia, announced the expansion of its business in SE Asia through the acquisition of privately held Topaz Number One Limited (Topaz), increasing its working interest in the Production Sharing Contract over Block 2A offshore Sarawak, Malaysia (Block 2A) to 52.5%. Helge Hammer,…
Aviva plc agrees to sell its 25.9% stake in Singapore Life Holdings for £0.5 billion
LONDON, UK: Aviva plc has agreed to sell its 25.9% stake in Singapore Life Holdings Pte Ltd (Singlife), together with two debt instruments, to Sumitomo Life Insurance Company for total consideration of £0.8 billion (SGD 1.4 billion) payable in cash at closing. Sumitomo Life will pay consideration of £0.5 billion (SGD 0.9 billion) for Aviva’s…
Smurfit Kappa and WestRock join forces to create global sustainable packaging leader
LONDON, UK: Smurfit Kappa and WestRock have announced the signing of a definitive transaction agreement to merge their operations and create a new entity, Smurfit WestRock. The combination of these two industry giants is poised to establish a global leader in sustainable packaging, with the transaction agreement marking a pivotal milestone in this strategic endeavor….
Savannah Resources welcomes new CEO and directors in strategic expansion
LONDON, UK: Savannah Resources plc, the European lithium development company, has announced pivotal changes within its leadership and board, signaling a significant phase of growth and development. These changes include the appointment of Mr. Emanuel Proença as the new Chief Executive Officer (CEO), and the addition of two Non-Executive Directors. This development was disclosed on…
Reabold boosts stake in LNEnergy and Colle Santo gas field
LONDON, UK: Reabold Resources plc, an oil & gas investing company, has increased its stake in LNEnergy Limited by 1.6% to 17.6%, with a cash investment of £250,000. LNEnergy holds an exclusive option over a 90% interest in the Colle Santo gas field, a large gas resource in Italy with two production wells ready and…
Alpha Group to acquire 85% of Financial Transaction Services B.V. trading as Cobase
LONDON, UK: Alpha Group International plc has entered into a conditional agreement, pending approval by the Dutch Central Bank, to acquire circa 85% of Financial Transaction Services B.V., trading as “Cobase”, a leading multibank connectivity platform. The initial consideration for the acquisition is €9.4m (£8.0m) in cash, with the remaining stake to be acquired via…
Ithaca Energy to acquire remaining 30% working interest in Cambo
LONDON, UK: Ithaca Energy (LON: ITH) announced that the Group has agreed, subject to regulatory approval, to acquire the remaining 30% stake in Cambo from Shell U.K. Limited (“Shell”) taking Ithaca Energy’s stake in Cambo to 100%. The acquisition, which has minimal near-term cost exposure, will provide Ithaca Energy with full control over the progression…