LONDON: Apester Limited, a majority-owned subsidiary of Sivota in Israel, has announced its decision to file for bankruptcy. The company’s board cited a sharp decline in trading performance as the primary reason behind this move. Legal advice prompted the decision, and a bankruptcy hearing is scheduled later this month in Tel Aviv. Sivota, the parent…
SSE and partners move forward with 2GW offshore wind farm in the Netherlands
LONDON: SSE with its joint venture partner APG (acting on behalf of Dutch pension fund ABP) has today confirmed it is moving forward with the 2GW Alpha offshore wind tender site (SSE share 50%) in the IJmuiden Ver Wind Farm Zone in the Netherlands. Subject to reaching a Final Investment Decision (FID), expected by late…
Water Intelligence plc has acquired Feakle Gas and Plumbing Limited in Ireland
Water Intelligence plc (AIM: WATR.L) announced the acquisition of Feakle Gas and Plumbing Limited, a company operating in Ireland (FG&P), by the Group’s Water Intelligence International (WII) subsidiary
Capita Plc agrees to sell its software business, Capita One for $200m
Capita plc has agreed to sell its standalone software business via the sale of Capita One Limited by Capita Business Services Ltd to Orchard Information Systems Limited, a wholly-owned subsidiary of the MRI Software LLC
Com Laude appoints Ben Crawford as CEO and Director
Laude announced the appointment of Ben Crawford as Chief Executive Officer and Director. The news follows Com Laude’s recent strategic growth investment from pan-European private equity firm PX3 Partners.
Angus McKay appointed as Bapcor’s Executive Chair and CEO
Bapcor Limited (ASX: BAP) announced the appointment of Angus McKay as Executive Chair and Chief Executive Officer, commencing 22 August 2024
Amundi US to be combined with Victory Capital
PARIS: Amundi today announced that it has reached a definitive agreement. And Amundi US will be combined with Victory Capital. Amundi will become a strategic shareholder of Victory Capital with a 26.1% economic stake in Victory Capital. Both parties have entered into 15-year distribution and services agreements, which will be effective upon the closing of…
GFH Partners launches 7th logistics and industrial fund in the United States
DUBAI: GFH Partners Ltd., the DIFC based global asset management arm of GFH Financial Group, has launched and closed its seventh logistics and industrial fund in the United States. Keeping with GFH Partners’ thematic investment approach, the Fund comprises two types of assets: industrial and transportation logistics. With a total transaction value of US$300 million,…
Virbac CEO Sébastien Huron resigns
Virbac announced the resignation of Sébastien Huron from his position as chief executive officer. He will leave the Virbac Group’s executive management by September 30
Rapid Nutrition to establish new manufacturing partnership in China
LONDON: Rapid Nutrition PLC, specialising in health and wellness products, announced the establishment of a new manufacturing partnership in Shandong Province, China. This strategic expansion aims to streamline our supply chain and customize our offerings to meet the specific demands of Chinese consumers, capitalizing on the immense market opportunity. The new partnership in Shandong Province…
Huddled Group acquires 75% of the equity in Boop Beauty Limited
UK: Huddled Group plc (AIM:HUD), the circular economy e-commerce group has taken a controlling stake of 75% of the equity in Boop Beauty Limited, an e-commerce business
Marston’s sells its 40% interest in Carlsberg Marston’s Limited for £206 million
LONDON: Marston’s PLC announced the sale of its remaining non-core brewing assets to create a business entirely focused on pubs, with a binding agreement to sell the whole of its 40% interest in Carlsberg Marston’s Limited (CMBC) to a subsidiary of Carlsberg A/S for £206 million in cash. Justin Platt, Chief Executive Officer, commented: “Today’s…