LONDON: Domino’s Pizza Group Plc announced the appointment of Ian Bull as Chair. Ian replaces Matt Shattock who has informed the Board of his wish to step down from the role. Matt will step down following the Annual General Meeting on 24 April 2025, at which point Ian will become Chair. Ian is currently Senior Independent Director…
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Rotork plc agrees to acquire Noah Actuation for £44 million
LONDON: Rotork plc, the market-leading global provider of mission-critical intelligent flow control solutions, announced that it has agreed to acquire Noah Actuation for an enterprise value of £44 million. Noah is a leading South Korean manufacturer of electric actuators. Headquartered in Seoul, Noah employs around 80 people and aligns with Rotork’s end markets and key target…
CareTrust REIT to acquire CRT plc in a £448 million deal
CareTrust REIT Inc and CRT plc have reached an agreement, wherein CareTrust will acquire CRT Plc at approximately £448 million, representing a premium of 32.8% to the closing price per CRT plc share of 81.3 pence on March 10, 2025. Under the acquisition terms, CRT plc shareholders registered at the Scheme Record Time, excluding Sanctions Disqualified…
NWF Group has acquired Northern Energy Oil Limited
LONDON: NWF Group plc, the specialist distributor, announces it has acquired 100 per cent of the issued share capital of Northern Energy Oil Limited. This is in line with the Group’s strategy to grow its fuels distribution business through consolidation, which represents the third largest operation in the United Kingdom. Northern Energy Oil is a…
Zotefoams announces expansion plans in Asia
LONDON: Zotefoams, a global leader in supercritical fluid foam technology, has unveiled plans to expand its manufacturing and innovation capabilities with new facilities in Vietnam and South Korea. This strategic investment aims to bolster its presence in the athletic footwear market, where the company has built a strong partnership with Nike, contributing to annual revenues…
Smarttech247 and Sure Ventures agree to sell Getvisibility
LONDON: Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, has agreed to sell its entire unquoted minority position in Visibility Blockchain Limited to Forcepoint, a global leader in data and cloud security. The disposal is expected to generate a gross cash…
KKR and Stonepeak launch £1.6 billion bid for Assura plc
LONDON: Assura plc announced that it has received an indicative, non-binding cash offer from Kohlberg Kravis Roberts & Co. Partners L.L.P. (KKR) and Stonepeak Partners (UK) LLP for the company’s entire issued and to-be-issued share capital at 49.4 pence per share. The proposed cash offer, referred to as the “Possible Cash Offer,” values Assura at…
Aegros Bidco to acquire Alliance Pharma in £362 million deal
LONDON: On 10 January 2025, Aegros Bidco Limited and Alliance Pharma plc announced a recommended acquisition of Alliance by Bidco, excluding shares held by DBAY Advisors Limited. The deal, valued at approximately £362 million, will be executed through a Court-sanctioned scheme under the Companies Act. On 31 January 2025, Alliance published a Scheme Document outlining…
Roquefort Therapeutics announces proposed sale of subsidiary Oncogeni Ltd
LONDON: Roquefort Therapeutics (LSE:ROQ), a biotech company focused on developing innovative immunology and oncology medicines, has announced a term sheet agreement for the sale of its subsidiary, Oncogeni Ltd, to The Nations Trust Holding LLC. The deal is valued at up to $12 million in cash, including upfront and milestone payments. Roquefort Therapeutics and Nations…
Deliveroo exits Hong Kong
LONDON: Deliveroo has decided to exit its Hong Kong operations through a sale of certain assets to foodpanda and the closure of other assets. Deliveroo Hong Kong has nominated liquidators to manage closure of the Hong Kong business and the remainder of its assets in the most efficient way possible. There are several dynamics specific…
Hunting PLC acquires Organic Oil Recovery technology for $17.5 million
LONDON: Hunting PLC (LSE: HTG), a precision engineering company, announced Friday that it has acquired the Organic Oil Recovery (OOR) technology from its founding shareholders for $17.5 million. The deal includes the entire portfolio of intellectual property—comprising over 25 patents—the distribution rights, and a California-based laboratory. The acquisition positions Hunting as the global rights holder…
Eurocell has acquired Alunet for £29 million
LONDON: Eurocell plc, a leading UK manufacturer, distributor, and recycler of innovative PVC window, door, and roofline products, announced on Friday the completion of its acquisition of Alunet for £29 million. The purchase price, free of debt and cash, includes an initial payment of £22 million and deferred consideration of approximately £7 million, payable in…