SYDNEY, AUSTRALIA: APM Human Services International Limited (ASX: APM) has entered into a binding agreement to acquire market leading physiotherapy and home care group, Lifecare. The purchase price of $68 million will be funded from existing cash reserves, a news release noted. Completion of the acquisition is expected to occur in January 2022. Lifecare is…
Winchester Energy acquires 100% working interest in Varn Oil Field
SYDNEY, AUSTRALIA: Winchester Energy Limited (ASX: WEL) announced the acquisition of a 100% working interest in the Varn Oil Field, located 18 miles to the east of Winchester’s existing producing assets in Nolan County, Texas. The Varn Oil Field contains existing Proven and Probable (2P) of 1,068,000 barrels of oil (boe) comprised of 994,000 barrels…
Option plans to obtain Helium certification by mid-January 2022
LEUVEN, BELGIUM: Crescent N.V. announced that Option, a brand of Crescent, aims to become a third-party manufacturer of Helium hotspots and has submitted Option’s premium CloudGate LoRaWAN gateway for certification in the Helium Network, one of the world’s first and rapidly expanding peer-to-peer LoRaWAN networks. U.S.-based Helium launched ‘The People’s Network’, a global, distributed network…
abrdn buys subscription-based investment platform interactive investor for £1.49bn
LONDON, UK: abrdn Plc plans to acquire 100 per cent of the UK’s leading subscription-based investment platform interactive investor Limited for £1.49 billion, a bourse filing said. abrdn and interactive investor have a shared vision of the growth and development of the wealth market and a commitment to being the customer champion. This acquisition will…
Steel giant Severstal to sell coking coal assets for 15 billion roubles
MOSCOW, RUSSIA: Severstal, one of the world’s largest vertically integrated steel and mining companies, has signed a binding agreement with OOO Russkaya Energiya to sell its coking coal assets, AO Vorkutaugol. The transaction value is 15 billion roubles. The deal is expected to be closed in the first quarter of 2022, once the relevant permits…
Important Things To Do Before Starting A Construction Project
Construction projects are one of the most common things people do to their homes. It’s not uncommon for someone to upgrade their kitchen, install a new roof or build an addition on. However, there are some important steps that need to be taken before starting any construction project. If you want your project to go…
Majorel Luxembourg enters Croatia, further extends nearshore capabilities
LUXEMBOURG: Majorel Group Luxembourg has entered a new country – Croatia – further extending its nearshore delivery capabilities in the EMEA region. The new site in Zagreb, Croatia’s capital city, is expected to bring hundreds of new jobs to the region, primarily serving Majorel’s Global Internet clients. A key factor in Majorel’s location strategy is…
Green Landscaping Group buys Hermansen Maskin AS
STOCKHOLM, SWEDEN: Green Landscaping Group has acquired Hermansen Maskin AS, which strengthens its market position in Norway. The acquisition of Hermansen Maskin AS is Green Landscaping Group’s 9th acquisition in Norway. The company is well known in its market for high quality as well as recurring and satisfied customers. Hermansen Maskin is an entrepreneurial company…
Exclusive Networks acquires Africa-based Networks Unlimited
PARIS, FRANCE: Exclusive Networks, a cybersecurity specialist for digital infrastructure, has completed its acquisition of Networks Unlimited. Networks Unlimited is a major regional value-added distributor serving 38 national markets in Africa with cybersecurity and infrastructure solutions. The acquisition establishes Exclusive Networks’ first presence in sub-Saharan Africa, expanding its global footprint and providing new opportunities for…
Royal Dutch Shell commences $1.5 billion of share buybacks
AMSTERDAM: Royal Dutch Shell commenced up to $1.5 billion of share buybacks, being the first tranche of the $7 billion shareholder distributions from the sale of the company’s Permian business in the United States. The form and timing for distributing the remaining $5.5 billion (together with any unpurchased amount of the $1.5 billion of shares…
Production started at Quantafuel’s new recycling line in Kristiansund
OSLO, NORWAY: With a strong demand for high-quality recycled plastic material, Quantafuel completed the new sorting line and are on track with the expansion of recycling plant in Kristiansund. “We have successfully been feeding plastic in the new sorting line since mid-November,” a news release noted. Quantafuel’s recycling plant in Kristiansund has now completed its…
Dogger Bank C reaches £3 billion financial close
LONDON, UK: SSE Renewables, together with its joint venture partner Equinor, has reached financial close on Dogger Bank C, the third phase of what will be the world’s largest offshore wind farm. The two companies are already constructing the first two phases of Dogger Bank Wind Farm, a ground-breaking project off the north east coast…