LONDON: Assura plc has agreed with Northwest Healthcare Properties to acquire its fully operational UK Private Hospital Portfolio comprising 14 assets for a consideration of £500 million. This will be fully funded through a mix of cash and shares. Assura believes there is significant opportunity in the structurally-supported private hospital market with strong growth potential and attractive…
Category: London Stock Exchange
News and updates from London Stock Exchange
AGA to acquire greytHR, a Human Resource Management Software platform
LONDON: Apax Global Alpha Limited (AGA), the closed-ended investment company, expects to invest approximately €2.5m in greytHR on a look-through basis. On 5 August 2024, the Apax Digital Fund II (“ADF II”), in which AGA is a limited partner, announced a strategic investment in greytHR, a leading full suite Human Resource Management Software (“HRMS”) platform…
Netcall acquires digital process automation firm, Govtech for £13 million
LONDON: Netcall plc (AIM: NET), a leading provider of intelligent automation and customer engagement software, has acquired Govtech Holdings Limited, a digital process automation company. Headquartered in Cirencester, Gloucestershire, Govtech serves around 50 local authorities including Leeds City Council, The City of Edinburgh Council and Bristol City Council. All 39 employees, including the founders, will…
Kazera Global to buy shareholding in Deep Blue Minerals and Whale Head Minerals
LONDON: Kazera Global plc (AIM: KZG) has entered into an agreement with Tectonic Gold PLC to purchase Tectonic’s 10% shareholdings in both Deep Blue Minerals (Pty) Ltd (“DBM”) and Whale Head Minerals (Pty) Ltd (“WHM”), along with Tectonic’s economic interest in loans it has with WHM’s Black Economic Empowerment (“BEE”) partners. This will bring Kazera’s…
WPP Plc to sell its 50% stake in FGS Global to KKR for £611mn
LONDON; WPP plc (LSE/NYSE: WPP) has entered into an agreement to sell its entire majority stake in leading strategic communications and advisory firm, FGS Global, to Kite Bidco Inc., an entity controlled by investment funds managed or advised by Kohlberg Kravis Roberts & Co. L.P. (“KKR”). KKR first made a minority investment in the firm…
Thoughtworks to be taken private by Apax Funds for $4.4/share
LONDON: Thoughtworks, a portfolio company in the Apax IX Fund, in which Apax Global Alpha Limited (AGA) is a limited partner, has announced that it has entered into a definitive agreement to be taken private by Apax Funds for $4.40 per share, which implies a total enterprise value of $1.75bn for Thoughtworks. At the purchase price, the…
YouGov has acquired New Zealand based, Yabble
LONDON: YouGov Plc, the international research and data analytics group, announced the acquisition of Yabble, a New Zealand based company pioneering the use of generative AI to deliver audience insights. The acquisition will see YouGov acquire Yabble’s technology to power new and valuable insights for clients across the world, while also seeing YouGov’s data become the…
Mindflair plc makes additional investment in Sure Ventures plc
LONDON: Mindflair plc, the company that invests in next-generation technology focused on AI, announces that it has agreed to subscribe £300,000 for 315,790 new shares in Sure Ventures plc (“SV plc”) at a price of 95 pence per share. Prior to the Subscription, Mindflair held 1,501,000 ordinary shares in SV plc, representing a 20.5% shareholding…
DCB Sports signs intent to acquire Guild eSports
LONDON: DCB Sports LLC has signed a letter of intent pursuant to which DCB Sports will acquire 100% of the assets of Guild Esports (LSE:GILD) as well as assuming all disclosed liabilities of the Company There is no guarantee that the Transaction will complete, and Guild remains in discussions with other parties. DCB Sports will…
HgCapital Trust will invest £11.5 million in CTAIMA and e-coordina
LONDON: HgCapital Trust plc (HgT), announced an investment in CTAIMA and e-coordina, who join forces to create leading Iberian contractor management, risk and compliance software platform. HgT will invest approximately £11.5 million in CTAIMA and e-coordina, with other institutional clients of Hg investing alongside HgT through the Hg Mercury 4 Fund. Headquartered in Tarragona, Spain, CTAIMA was…
GreenX Metals to acquire copper project in Germany
LONDON: GreenX Metals Limited has entered into an rarn-in agreement through which GreenX can earn a 90% interest in Group 11 Exploration GmbH, a private German company which holds the Tannenberg exploration licence and is highly prospective for sediment-hosted (Kupferschiefer type) copper deposits. GERMANY & EU MINING INDUSTRY· Germany has been a significant mining jurisdiction in…
Electric Guitar establishes joint venture with Exelia to build new AI-driven products
LONDON: Electric Guitar PLC (LSE: ELEG), the digital marketing and advertising company, will launch Marcomms.ai as a UK joint venture with Exelia Technologies Limited. Exelia Technologies is a Cyprus-based software development business with a specialised team of developers proficient in blockchain, machine learning, data processing and AI. Marcomms.ai is a 50:50 joint venture that combines…