BAHRAIN: GFH Financial Group announced the acquisition of a 60% stake in the UAE’s leading provider of multi-specialty healthcare, Multi-Specialty Healthcare Partner Holding Ltd., in a deal value exceeding US$100 million. The company is the only diversified multi-specialty healthcare chain in Abu Dhabi and Al Ain and is one of the few in the UAE…
Bank of Cyprus sells loans and real estate properties for €385 mn
LONDON, UK: Bank of Cyprus Holdings Public Limited Company has reached an agreement with funds affiliated with Pacific Investment Management Company LLC for the sale of a portfolio of Non Performing Loans (NPLs) with a gross book value of €577 mn, as well as real estate properties with a book value of €121 mn. The…
Stanley Gibbons buys 20% stake in Showpiece Technologies
LONDON, UK: Stanley Gibbons plc has purchased of 20% of the equity in Showpiece Technologies Ltd from Phoenix Asset Management Partners (PAMP), through its subsidiary Stanley Gibbons Limited. Showpiece is the fractional ownership platform through which the company is making available for sale, beneficial title in fractions of the world’s most valuable stamp, the 1c-Magenta…
Dev Clever appoints ex-Apple director Alan Greenberg
LONDON, UK: Dev Clever (LON: DEV) has appointed Alan Greenberg as a Special Adviser to the Board. Alan is a former Head of Higher Education EMEA and Director of Education China & Asia Pac at Apple Inc. He has significant and relevant expertise in product-market-fit, in launching consumer focused, impactful and sustainable educational applications across…
Wizz Air to purchase 102 Airbus A321 aircraft
DUBAI, UAE: Wizz Air Holdings (LON: WIZZ), Europe’s fastest-growing airline, has signed an agreement with Airbus S.A.S. for the purchase of a further 102 Airbus A321 aircraft, comprising 75 Airbus A321neo and 27 Airbus A321XLR aircraft, with the bulk to be delivered between 2025 and 2027. Under certain circumstances, Wizz Air may acquire a further…
Agreement to develop clean energy hub for Shoreham Port, Sussex
LONDON, UK: Getech Group, the geoscience and geospatial technology provider and data-led energy asset developer, is pleased to announce that its wholly owned hydrogen subsidiary, H2 Green, has signed a Collaboration Agreement with Shoreham Port. The Agreement grants H2 Green exclusive rights for the development of all port-based hydrogen, ammonia, and new onshore wind and…
Primary Health Properties acquires Bersted Green Surgery for £5.34mn
LONDON, UK: Primary Health Properties (LON: PHP), one of the UK’s leading investors in modern primary healthcare facilities, announces that it has acquired the Bersted Green Surgery, West Sussex, for a total consideration of £5.34 million. The property is a modern purpose-built primary care facility which is fully let to a substantial GP practice and…
Saint-Gobain has acquired a gypsum plant in Kenya
LONDON, UK: Saint-Gobain has acquired a gypsum plant in Nairobi, Kenya. This will be Saint-Gobain’s first production site in Kenya, where it will also invest in a construction chemicals production line on the same site. Saint-Gobain has also acquired a majority stake in a.b.e. Mauritius, a leading producer – and a licensee of Chryso –…
Kingswood Holdings acquires Money Matters North East for £3.4mn
LONDON, UK: Kingswood Holdings Limited (LON: KWG) has agreed to acquire, subject to regulatory approval, Money Matters North East Limited (MMNE), a privately owned wealth management business, primarily offering its services in the North East of England. Following regulatory approval, the business will be acquired for total cash consideration of up to £3.4m, payable over…
Eurowag agrees to acquire WebEye for EUR 55.9mn
LONDON, UK: W.A.G payment solutions (Eurowag) has entered into an agreement to acquire 100% of the share capital of WebEye Telematics, a leading Fleet Management Solution provider in Central and Eastern Europe, from the founders and management. WebEye has an established presence in Europe with a total portfolio of more than 57,000 connected trucks. It…
Ascential plc has acquired WhyteSpyder LLC
LONDON, UK: Ascential plc (LON: ASCL) has acquired WhyteSpyder LLC, an eCommerce software and digital merchandising business which helps brands succeed on Walmart‘s digital marketplace. WhyteSpyder provides retail managed services to more than 80 enterprise brands that trade on Walmart.com, utilising a mix of technology-driven search engine optimisation, retail insights, content management and rich media…
Kin and Carta sells Edit Agency and Relish Agency for £18.6mn
LONDON, UK: Kin and Carta plc (LON: KCT) has now successfully completed the divestments of its two remaining venture businesses, Edit Agency Limited (Edit) and Relish Agency Limited (Relish), for a total of £18.6 million in cash before costs and customary adjustments for debt and working capital. Kin and Carta plc (LON: KCT) is the…