LONDON, UK: Induction Healthcare Group PLC, a leading digital health platform driving transformation of healthcare systems, has sold its wholly-owned subsidiary, Horizon Strategic Partners Limited (HSP), to Eolas Medical Ltd for a consideration of £1.2 million. HSP is a supplier of a clinical management platform to facilitate the curation, review and dissemination of antimicrobial resistance…
Category: London Stock Exchange
News and updates from London Stock Exchange
Marwyn Acquisition Company II to acquire InvestAcc Group for £41.5 million
MAC II UK Limited, has entered into binding agreements to acquire 100 per cent of the issued share capital of InvestAcc Group Limited, a leading pensions services provider for £41.5 million
Keras Resources announces hot commissioning of integrated delta processing plant
LONDON: Keras Resources plc (AIM: KRS) announced the commencement of hot commissioning of its Integrated Granulator Plant at its newly acquired Delta processing facility. Hot commissioning tests each plant component under progressively increasing load conditions until design capacity is reached. The 5 ton per hour “(tph”) nameplate capacity Granulator Plant circuit incorporates a high-pressure grinding…
Judges Scientific subsidiary Geotek has acquired Rockwash Geodata Ltd
LONDON: Judges Scientific, a group focused on acquiring and developing companies in the scientific instrument sector, announces that its subsidiary Geotek Limited has acquired 100% of the issued share capital of Rockwash Geodata Ltd, a company specialising in rock cuttings and chippings digitalisation. The Board expects the acquisition to be strongly synergistic with the core…
Oakley Capital agrees sale of investment in idealista at €2.9 billion valuation
LONDON: Oakley Capital, a leading pan-European private equity investor, announced that Oakley Capital Fund IV has sold its stake in idealista, southern Europe’s leading online real estate classifieds platform, to Cinven in a transaction that values the business at €2.9 billion. idealista has performed ahead of its original investment case and, including prior distributions, Fund…
Vulcan Industries offloads further 25.2% interest in FPL 250
LONDON: Vulcan Industries plc (AQSE: VULC) has disposed of a further 25.2% of its interest in the share capital of Forepower Lincoln (250) Limited, a 240-megawatt (MW) Lithium-ion Battery Storage project. The company retains its economic interest of 50.1% in the project. Following the previous disposal of 49.9% of FPL 250 on 25 October 2023,…
Voyager Life secures option to acquire M3 Helium Corp. based in Kansas
LONDON: Voyager Life has entered into an option agreement to acquire the entire issued share capital of M3 Helium Corp., a producer of helium based in Kansas, USA. The option agreement gives Voyager the right to acquire M3 Helium through the issue of 57,611,552 new ordinary shares in Voyager to M3 Helium’s shareholders, representing 57…
Saint-Gobain to acquire FOSROC for $1.025 billion in cash
LONDON: Saint-Gobain has entered into a definitive agreement to acquire FOSROC, a leading privately owned global construction chemicals player for $1,025 million (approximately €960 million) in cash. Following the acquisitions of Chryso in 2021, GCP in 2022 and 33 additional acquisitions since 2021, this move is a new strategic step in establishing Saint-Gobain’s worldwide presence…
Halma Plc has acquired Global Fire Equipment S.A. for €42.5 million
LONDON, UK: Halma, the global group of life-saving technology companies, has acquired G.F.E. – Global Fire Equipment, S.A. (GFE) for its safety sector fire detection company, Ampac Pty Ltd. Headquartered in Faro, Portugal, GFE designs and manufactures fire detection and alarm systems. Its product portfolio includes control panel equipment, fire detectors, sounders and emergency lighting…
SEGRO plc acquires logistics warehouses in The Netherlands for €222 million
LONDON, UK: SEGRO plc has acquired three fully leased, highly reversionary logistics warehouses in The Netherlands for a total cash consideration of €222 million. Undertaken via three separate transactions, the assets are all in attractive locations and help to build on SEGRO’s scale in a region which acts as a key logistics hub for Continental…
Alteration Earth plc signs terms to acquire PRI0R1TY AI for £12.5 million
LONDON: Alteration Earth plc has entered non-binding heads of terms to acquire the entire issued share capital of PRI0R1TY AI PLC, an unquoted public limited company incorporated in England and Wales in consideration for an issue of new shares in the company. The proposed acquisition is subject to legal, financial and other due diligence and…
Wilmington plc has sold UK Healthcare Business for £26.3 million
Wilmington plc (LSE: WIL) has sold its UK Healthcare Business for up to £26.3 million to Inspirit Franklin Holdings Ltd, an entity ultimately owned by funds managed by Inspirit Capital