LONDON, UK: The 69% Centrica owned Spirit Energy Limited has entered into agreements to sell the Spirit Energy Group’s Norwegian oil and gas exploration and production business excluding the Statfjord field to Sval Energi AS, and its interests in the Statfjord field to subsidiaries of Equinor ASA. The transaction has a commercial effective date of…
Sampo plc to acquire full ownership in Hastings for GBP 685mn
LONDON, UK: Sampo plc has signed an agreement with Rand Merchant Investment Holdings Limited (RMI) to acquire its ownership in Hastings. Under the terms of the agreement, Sampo will pay GBP 685 million for RMI’s 30 per cent minority interest in Hastings and the option held by RMI to acquire 10 per cent of Hastings’…
Inspecs Group buys BoDe Design Vertriebs GmbH
LONDON, UK: Inspecs Group plc has acquired the partnership assets and liabilities of BoDe Design Vertriebs GmbH & Co. KG, a distributor of optical and sunglasses frames principally to the German market. Inspecs is currently the largest supplier to BoDe and will pay an upfront cash consideration of approximately €1.76m from existing cash resources and…
Sureserve Group acquires CorEnergy for £7.5 million
LONDON, UK: Sureserve Group (LON: SUR) has acquired the entire issued share capital of CorEnergy Limited, a business focused on delivering sustainable energy solutions for public and private sector organisations, a bourse filing said. The maximum total consideration payable for CorEnergy is £7.5 million, with an initial £5.9 million payable on completion, to be satisfied…
Triton Funds’ agrees to acquire Clinigen in a £1.2bn deal
LONDON, UK: Triley Bidco Limited, a newly-incorporated company indirectly owned by the Triton Funds, has agreed on terms to acquire Clinigen Group plc at approximately £1.2 billion on a fully diluted basis, a bourse filing said. Under the agreement Clinigen shareholders will be entitled to receive 883 pence in cash for each Clinigen Group share….
AF Gruppen acquiring concrete contractor Stenseth & RS for NOK176mn
OSLO, NORWAY: AF Gruppen Norge AS has signed a letter of intent to acquire 80 per cent of Stenseth & RS Holding AS. Stenseth & RS consists of Stenseth & RS Entreprenør AS which was founded in 2002, as well as Stenseth & RS Anlegg and Stenseth & RS Ressurs which were established in 2017….
Gold geologist Matthew Briggs appointed CEO of Odyssey Gold
SYDNEY, AUSTRALIA: Odyssey Gold Limited (ASX:ODY) announced the appointment of highly respected gold geologist, Mr Matthew Briggs, as Managing Director and Chief Executive Officer (CEO) of the Company, effective from 17 January 2022. Odyssey Gold has an outstanding portfolio of exploration targets to progress within the historic Tuckanarra Goldfields, where previous mining and exploration has…
CEO Visioneering Technologies, Stephen Snowdy resigns
SYDNEY, AUSTRALIA: US-based medical device company, Visioneering Technologies Inc (ASX: VTI) announced the Chief Executive Officer and Executive Director Stephen Snowdy has tendered his resignation and will leave the company on 9 January 2022. Dr. Snowdy is leaving Visioneering Technologies to pursue an opportunity in oncology, a personal passion for Dr. Snowdy and his family….
360 Capital Group sells 50% in 360 Capital Digital Management
MELBOURNE, AUSTRALIA: 360 Capital Group’s (ASX:TGP) announced the sale of its 50% interest in 360 Capital Digital Management to entities associated with David Yuile. 360 Capital Group is an ASX-listed, investment and funds management group, focused on strategic and active investment management of alternative assets. Led by a highly experienced team, the Group operates in…
Trajan Group acquires USA-based LEAP PAL for $7.7 million
SYDNEY, AUSTRALIA: Trajan Group Holdings (ASX: TRJ) has entered into a binding agreement to acquire the business of LEAP PAL Parts and Consumables LLC (LPP), based in USA for $7.7 million, with a planned Completion date of 30th December 2021. LPP is expected to achieve calendar year 2021 revenues of $7.4 million and a normalized…
Valneva SE to supply one million Covid vaccine VLA2001 to Bahrain
SAINT-HERBLAIN, FRANCE: Valneva SE (Nasdaq: VALN) signed an advance purchase agreement with the Kingdom of Bahrain for the supply of one million doses of the company’s inactivated COVID-19 vaccine candidate VLA2001. This is the second purchase agreement Valneva has secured for VLA2001 since reporting positive data for its Phase 3 clinical trial Cov-Compare. VLA2001 is…
TotalEnergies to install and operate 800 new EV charge points Belgium
PARIS, FRANCE: TotalEnergies has won a call for tenders from the municipality of Ghent, Belgium’s third largest city, for the installation and operation of electric vehicles public charging stations, with 800 new public charge points by 2025. With this agreement, the city of Ghent will enhance its public network for EV. These new charging stations,…