LONDON: evoke Plc (LSE: EVOK), a betting and gaming company announced the acquisition of New Gambling Solutions S.R.L (NGS), which operates Winner.ro, the #7 online betting and gaming operator in Romania. evoke will inject its Romania business plus a cash consideration of €10 million (on a debt-free, cash-free basis) in exchange for a 51% share in the…
Category: London Stock Exchange
News and updates from London Stock Exchange
JTC to acquire Buck UK and European Share Plan Administration and Trustee Businesses
LONDON: JTC, the global professional services business, announced the proposed acquisition of the Buck UK and European Share Plan Administration and Trustee Businesses from Arthur J. Gallagher & Co. With operations in the UK, Guernsey and Germany, Buck Share Plans provides fully outsourced administration and trustee services to a blue-chip global client base, covering a full range…
Caledonia Investments acquires Direct Tyre Management for £55m
LONDON: Caledonia Investments has invested £55m to acquire a majority stake in Direct Tyre Management Limited (“DTM”), the UK’s leading independent provider of outsourced tyre management services to fleet operators. The management team has reinvested alongside Caledonia to acquire 100% of the Business from investors including Palatine Private Equity. The acquisition exemplifies Caledonia’s strategy of…
Sure Valley Ventures invests in PHINXT Robotics and Vortex IQ
LONDON: Sure Valley Ventures (SVV) has committed to two new investments through the Sure Valley Ventures UK Software Technology Fund (SVV2), benefiting PHINXT Robotics and Vortex IQ Limited, both of which have ties to Mindflair Plc. PHINXT Robotics, an innovative AI-led robotics software company founded in 2022, is redefining warehouse automation. Their cloud-based platform simplifies…
Judges Scientific acquired Magsputter Limited, holding company of Teer Coatings
LONDON: Judges Scientific, a group focused on acquiring and developing companies in the scientific instrument sector, has acquired 100% of the issued share capital of Magsputter Limited, the holding company of Teer Coatings Limited. Teer is a company specialising in manufacturing coating instruments and providing coating services. The Board expects the acquisition to be immediately earnings…
Mpac Group has acquired SIGA Vision Ltd
LONDON: Mpac Group plc, a global leader in high-speed packaging and automation solutions, has acquired the trade and certain assets of SIGA Vision Ltd, a UK-based provider of machine vision solutions to the food, beverage and healthcare markets. SIGA, founded in 2007, is a leading designer of automated visual inspection systems, providing customers with solutions for…
Tungsten West appoints Jeffery Court as Chief Executive Officer
LONDON: Tungsten West (LON:TUN) announced the appointment of Mr Jeffery Court as Chief Executive Officer (“CEO”) of the Company. The appointment is intended to be effective no later than 1 November 2024. David Cather, Chairman of Tungsten West, said: “On behalf of the Board, I am delighted to welcome Jeff as the CEO of Tungsten…
Capital Limited sold Predictive Discovery Limited to Perseus Mining for A$47.3 million
LONDON: Capital Limited (LSE: CAPD), a leading mining services company, announced the sale of its entire shareholding in Predictive Discovery Limited to Perseus Mining Limited for total cash consideration of A$47.3 million (US$31.2 million) today. The agreement with Perseus includes a profit share arrangement whereby Capital and Perseus have agreed to share (on a 50/50 basis)…
Keywords Studios has acquired Wushu Studios Limited
LONDON: Keywords Studios has announce the acquisition of Wushu Studios Limited, a leading game development studio headquartered in Liverpool, United Kingdom. Wushu was founded in 2017, initially as an original IP studio, before transitioning to a work-for-hire model, providing a range of services to high-profile publishers and developers on co-development and full development projects as…
CVC Advisors led consortium offers to acquire Hargreaves Lansdown for £5.443 billion
CVC Advisors Limited led consortium through indirectly owned Harp Bidco Limited, has made final cash offer to acquire Hargreaves Lansdown plc (HL) at the rate of 1,140 pence in cash/share. The cash offer values HL’s entire issued, and to be issued, ordinary share capital at approximately £5.443 billion on a fully diluted basis. Hargreaves Lansdown plc (HL) is…
Hill & Smith acquires Trident Industries for upto $46 million
LONDON: Hill & Smith plc, the international provider of sustainable infrastructure products and services, announced the acquisition of Trident Industries LLC. The group has completed the acquisition of the business and assets of Trident for an initial cash consideration of $13.5m (c.£10.6m), on a debt and cash free basis. Further cash consideration of up to $32.5m…
Genuit Group has acquired Sky Garden Limited, Omnie and Timoleon for a total £5.0 million
LONDON: Genuit Group plc, the UK’s largest provider of sustainable water, climate and ventilation solutions for the built environment, announced the acquisition of Sky Garden Limited, Omnie and Timoleon. Sky Garden Limited is a leader in green roof technologies providing design, supply, installation and maintenance services for green and bio-solar roofs, podium decks and green…