LONDON: AstraZeneca has entered into a definitive agreement to acquire EsoBiotec, a biotechnology company pioneering in vivo cell therapies that has demonstrated promising early clinical activity. The EsoBiotec Engineered NanoBody Lentiviral (ENaBL) platform empowers the immune system to attack cancers and could offer many more patients access to transformative cell therapy treatments delivered in just minutes rather…
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Digitalbox acquires The Life Network from Media Chain Group
LONDON: Digitalbox plc (AIM: DBOX), the mobile-first digital media business has exchanged contracts to acquire the digital assets of The Life Network from Media Chain Group Limited for a total consideration of £200,000. The acquisition is subject to completion of satisfactory testing by Digitalbox, as set out below, and is expected to be earnings enhancing on completion.…
HgCapital Trust plc announces investment in Scopevisio AG
LONDON: HgCapital Trust plc (HgT) today announced an investment in Scopevisio AG, a leading innovator in cloud-based business automation. The terms of the transaction were not disclosed. HgT will invest approximately £4.8 million in Scopevisio, with other institutional clients of Hg investing alongside HgT through the Hg Mercury 4 Fund. HgT, whose shares are listed on the…
Software Circle plc acquires Total Drive Software for £7.5 million
LONDON: Software Circle plc (AIM: SFT) announced today the acquisition of the entire issued share capital of Total Drive Software Limited, an end-to-end software solution provider for driving instructors. The acquisition is valued at up to £7.5 million, to be satisfied in cash on a debt-free and cash-free basis. The deal is projected to be cash flow…
Elementis plc appoints Luc van Ravenstein as Chief Executive Officer
LONDON: Elementis plc, a global specialty chemicals company, announced that Luc van Ravenstein will assume the role of Chief Executive Officer (“CEO”) and join the Board of the Company on 29 April 2025, succeeding Paul Waterman. Luc is a highly respected leader with a strong track record of delivering innovation, growth and efficiency during his 13…
James Lowery appointed new CEO of essensys plc
LONDON: essensys plc (AIM:ESYS), the leading global provider of software and technology to the flexible workspace industry announces that Mark Furness has decided to retire as Chief Executive Officer, after founding essensys in 2006 and leading the business since launch. Mark Furness will be succeeded by James Lowery, Chief Operating Officer, who will take over as…
Restore Plc has acquired Synertec (Holdings) for £22 million
LONDON: Restore plc (AIM: RST), the UK’s leading provider of secure and sustainable business services for data, information, communications and assets, today announced the acquisition of Synertec (Holdings) Ltd, a document management business, for an initial cash consideration of £22 million plus deferred cash consideration based on Synertec’s future profits. Synertec was founded in 1999 and is…
Sirius Real Estate acquires Chalcroft Business Park for £36.5 million
LONDON: Sirius Real Estate, a leading owner and operator of branded business and industrial parks in Germany and the U.K., has acquired Chalcroft Business Park in Southampton for £36.5 million. This acquisition follows their £152 million capital raise last July. Chalcroft Business Park spans 56 acres and includes 267,073 sq ft of warehousing space, 126,511 sq…
Investor increases stake in Zimbabwe’s Muchesu Coal Project
LONDON: Contango Holdings Plc, a company committed to maximizing the value of the +2 billion tonne Muchesu coal project in Zimbabwe, announced that an entity controlled by a director of Huo Investments (Pvt) Limited has acquired a 6.502% stake in Monaf Investments (Private) Limited from a local minority shareholder. This transaction does not affect Contango’s interest in…
All Things Considered Group expands holdings with acquisitions of Brighton Venues
LONDON: The Board of All Things Considered Group plc (AQSE: ATC), an independent music company, has announced the acquisition of majority interests in two prominent Brighton-based music venues, Concorde 2 and Volks, along with associated festival amenities company JTR Productions Ltd. The acquisitions, made through ATC’s subsidiary Joy Entertainment Group Ltd, include an 80% stake in Concorde…
Cake Box Holdings to acquire Ambala Foods in £22 million deal
LONDON: Cake Box (AIM:CBOX), the UK’s largest retailer of fresh cream celebration cakes, has conditionally agreed to acquire Ambala Foods Limited for a total consideration of £22 million. The acquisition includes £16 million for Ambala and £6 million for Ambala’s manufacturing facility in Welwyn Garden City. To partially finance the acquisition, Cake Box plans a placing…
IP Group’s Hinge Health to go public: Files IPO prospectus with SEC
LONDON: IP Group plc, which invests in breakthrough science and innovation companies, announced that its portfolio company Hinge Health Inc. has filed its IPO prospectus with the US Securities and Exchange Commission. IP Group, the founding investor in Hinge Health, holds a 1.8% stake in the company, valued at £34.2m as of 30 June 2024. Hinge…