SYDNEY, AUSTRALIA: GUD Holdings has entered into an agreement to acquire AutoPacific Group (APG), for total consideration of approximately $744.6 million. GUD’s acquisition of AutoPacific Group (APG) will see the Group make a meaningful step towards its vision of becoming an integrated leader in 4WD Accessories and Trailering in Australia and New Zealand (ANZ) with…
Credit Corp to acquire Radio Rentals for $60mn
SYDNEY, AUSTRALIA: Credit Corp Group has entered into a binding agreement to acquire the assets of the Radio Rentals appliance leasing business from ASX listed Thorn Group Limited (Thorn) for a total consideration of approximately $60 million. The total consideration is subject to completion adjustments and will be funded from existing cash reserves. The transaction…
NZME Publishing acquires BusinessDesk for NZ$5.0mn
AUCKLAND, NEW ZEALAND: NZME Limited’s subsidiary NZME Publishing Limited has entered into a conditional agreement to acquire the BusinessDesk premier news website business and assets from publisher Content Limited for NZ$3.5 million payable in cash on completion, subject to customary adjustments plus an earn-out amount of up to NZ$1.5 million following 31 December 2023. “NZME’s…
Azelis acquires Austrian food distributor, Neupert Specialities
BRUSSELS, BELGIUM: Azelis Group (BSE:AZE), a leading innovative service provider in the specialty chemicals and food ingredients industry, has acquired 100% of the shares of Neupert Specialities GmbH in Austria. Neupert Specialities is an established distributor specializing in food and health raw materials and ingredients in the local market. Established in 2011 and headquartered in…
Supernet and PAKSAT sign partnership for proliferation of satellite communications
KARACHI, PAKISTAN: Supernet Limited and PAKSAT International, Pakistan’s national satellite operator have signed a strategic partnership to expand the existing relationship. Through this partnership, Supernet will be able to provide national and international customers with seamless connectivity through Pakistan’s current and future national satellites and PAKSAT will be able to expand its technical and support…
Community policing needs reforms to have impact in the global south
Researchers from the Institute of Development and Economic Alternatives (IDEAS), LUMS and Princeton University are part of a large international study on community policing in the Global South, including Pakistan. The results of the study have been published in Science, one of the world’s top academic journals. The Pakistan study was conducted by Dr. Ali…
KIPCO raises KD 80mn in oversubscribed rights issue
KUWAIT CITY: KIPCO – the Kuwait Projects Company (Holding) – announced the rights issue of 640 million shares was oversubscribed, and KIPCO raised KD 80 million in equity. The company’s issued and paid-up capital now stands at KD 264 million. KIPCO’s Board of Directors approved the rights issue in early August, announcing that it intended…
Kingfish buys land for first production facility in U.S.
OSLO, NORWAY: The Kingfish Company purchased land for its new facility in Jonesport, Maine. Upon completion, the facility will serve as Kingfish’s first production facility in the U.S. as the company looks to replicate its successful operation in Europe and establish significant local sustainable seafood production for U.S. retailers and food service. The purchase follows…
Harvest Minerals acquires advanced stage phosphate project in Brazil
LONDON, UK: Harvest Minerals Limited has entered into a binding share purchase agreement to acquire the entire issued share capital of BF Mineração Ltda for a total consideration of $800,000 payable in cash and new Harvest shares over a period of time. BF Mineração owns the advanced Miriri Phosphate Project in the State of Pernambuco,…
Zwipe and GEPCOM to bring next generation payment cards to Saudi Arabia
RIYADH, SAUDI ARABIA: GEPCOM, one of oldest and most respected card production and printing facilities in the Arab world, has selected the Zwipe Pay ONE platform to deliver biometric payment cards to its clients in Saudi Arabia and key international markets. Zwipe is a FinTech that has pioneered the development of biometric payment cards and…
ImmuPharma signs collaboration with Imperial College London
LONDON, UK: ImmuPharma Plc, the specialist drug discovery and development company, has signed a 2-year collaboration agreement with Imperial College London. Under the collaboration, Imperial College will provide significant intellectual input and guidance on a number of innovative peptide assets being developed at the R&D subsidiary, ImmuPharma Biotech in Bordeaux. Dr Tim Franklin, Chief Operating…
Want to Start Investing? Here are the Investment Options to Choose From
What’s the point of investing? More money in your pocket. If you can afford to put a little bit of your savings into stocks and bonds every month, then you could be giving yourself an amazing head start on getting rich. But before we get started on explaining how to invest, it helps if you…