FREDRIKSTAD: Europris (OSE: EPR) opened a new store in Selbu in Trøndelag county. This brings the chain’s extensive network of stores to 270. Today’s opening is the fourth and final new store in 2021. The group has a robust pipeline of new stores for 2022 and beyond. Europris’ nationwide network of 270 stores covers every…
Secure Trust Bank acquires digital BNPL platform, AppToPay
LONDON, UK: Secure Trust Bank (STB) has agreed to acquire AppToPay Ltd, owner of a proprietary technology platform to support its planned entry into the digital Buy Now Pay Later (digital BNPL) market. Secure Trust Bank (STB), through its V12 Retail Finance business, is already a leading provider of point-of-sale retail finance, with a network…
Chesnara Plc agrees to buy Robein Leven for £13 million
LONDON, UK: Chesnara Plc has entered into an agreement with Monument Re Group to acquire Robein Leven, a specialist provider of traditional and linked savings products, mortgages and annuities in the Netherlands. It is expected to complete in the first half of 2022. Chesnara plc, through its existing Netherlands-based closed book platform, the Waard Group,…
Vitol offers to acquire Vivo Energy for $2.3 billion
LONDON, UK: Vitol Investment’s newly formed BidCo has signed an agreement to acquire the entire issued and to be issued share capital of Vivo Energy (excluding Vivo shares held by the existing Vitol shareholders) for $2.3 billion, a bourse filing said. BidCo is a company indirectly owned by Vitol Investment Partnership II Limited (VIP II),…
Equinox International announces IPO on London Stock Exchange
LONDON, UK: Equinox International Holdings plc, a UK-headquartered medical cannabis company, announced its intention to seek admission of its entire share capital to trading on the AIM market of the London Stock Exchange. At Initial Public Offering (IPO) the Company is seeking to raise funds to build a state-of-the-art cultivation, extraction and production facility on…
Intra Energy Corporation agrees to sell Tanzanian coal interests
SYDNEY, AUSTRALIA: Intra Energy Corporation Limited (ASX:IEC) has reached an agreement to transfer ownership of Intra Energy Tanzania Limited (IETL), which holds the Company’s Tanzanian Coal interests, to Mirambo Mining Limited MML), a Tanzanian company. The transaction is subject to receiving approval from the Fair Competition Commission (FCC) of Tanzania and the shareholders of IEC….
Cipherpoint Limited completes acquisition of VIT Cyber Security
SYDNEY, AUSTRALIA: Cipherpoint Limited (ASX:CPT) has contemporaneously entered into formal documents for, and completed, the acquisition of 100% of Virtual Information Technology Pty Limited (VIT Cyber Security). VIT Cyber Security provides managed IT and security solutions to agencies of the Tasmanian Government and enterprise businesses including digital forensics and incident response services, identity protection and…
Apiam Animal Health agrees to buy veterinary businesses
BENDIGO, AUSTRALIA: Apiam Animal Health Limited has entered into agreements to acquire Fraser Coast Veterinary Services and North Hill Veterinary Clinic Pty Ltd for combined total consideration of $3.6 million. Fraser Coast Veterinary Services (Fraser Coast) is comprised of three clinics and is predominantly a small animal business, with some exposure to equine and cattle….
Adairs Limited to purchase Focus on Furniture for $80mn
SYDNEY, AUSTRALIA: Adairs Limited (ASX: ADH) has agreed to purchase Focus on Furniture, a vertically integrated omni-channel furniture retailer operating in Australia, for an Enterprise Value (EV) of $80 million on a debt free basis. The price paid equates to an EV/EBIT multiple of 2.4x FY21 actual EBIT ($32.8 million). Without assuming any synergies, the…
NickelX Limited signs agreement to acquire Cosmos South Nickel Project
SYDNEY, AUSTRALIA: NickelX Limited has signed a Binding Terms Sheet with MG Resources Pty Ltd to acquire the Cosmos South Nickel Project which is located 10km south of the world-class high-grade Cosmos Nickel operations (Western Areas) and 20km North of the world class large scale Leinster Nickel operations (BHP), within the prolific Wiluna Greenstone Belt…
ForFarmers CEO, Yoram Knoop to step in April 2022
AMSTERDAM: ForFarmers N.V announced that Yoram Knoop, CEO and member of the Executive Board of ForFarmers N.V. will step down after the Annual General Meeting of Shareholders on 14 April 2022, the date on which his current term ends. This has been decided in mutual consultation between Yoram Knoop and the Supervisory Board. “After having…
DLTx to acquire DSM Tech Enterprises in a share exchange deal
OSLO, NORWAY: DLT ASA (OSE: DLTX) has entered into a letter of intent (LOI) with the majority owners to acquire US-based DSM Tech Enterprises LLC (DSM), a pioneer in Bitcoin mining and large scale Filecoin operations. “We’re excited to announce the plan for DSM to join forces with DLTx. With this acquisition we will move…