BERLIN, GERMANY: For the first time after the successful listing in the Prime Standard of the Frankfurt Stock Exchange, Social Chain AG is preparing a cash capital increase, a bourse filing said. Due to the positive response from investors in recent weeks, the transaction could be implemented in the short term, subject to market conditions….
Fortnite Player Rezon Signed
LONDON, UK: Guild Esports (LON: GILD), a global teams organisation and lifestyle brand, announced the signing of Lennard Sill (Rezon) as the newest member of its Fortnite team. Rezon, from Germany, is a 17-time tournament winner with earnings of over $300,000. He has consistently ranked within the top 10 in Fortnite Champion Series (“FNCS”) tournaments…
Agronomics leads Ohayo Valley pre-seed funding
LONDON, UK: Agronomics, the leading listed company focused on cellular agriculture, has completed a subscription of $1.5 million in the form of a Simple Agreement for Future Equity (SAFE), in Ohayo Valley Inc. The Subscription will be paid using cash from the Company’s own resources. Ohayo Valley is a cultivated meat company, initially focused on…
Halma Plc acquires Infinite Leap for up to $47 million
LONDON, UK: Halma Plc, the global group of life-saving technology companies, has acquired Infinite Leap Inc. for its Medical sector business, CenTrak, which provides real-time location services for healthcare facilities. Infinite Leap is a healthcare consulting and services provider for real-time location technologies, based in Fargo, North Dakota, USA, which is also developing unique new…
Mutares SE & Co acquires Frigoscandia AB
OSLO, NORWAY: The Posten-owned company Frigoscandia AB (formerly Bring Frigo AB) in Sweden is sold to the Germany based investment company Mutares. Posten Norge AS and Mutares signed an agreement yesterday regarding the sale of the shares in Frigoscandia AB to Mutares. The sale is subject to approval by the Swedish Competition Authority. Frigoscandia AB…
Trajan Group acquires Axel Semrau GmbH for €17mn
SYDNEY, AUSTRALIA: Trajan Group Holdings Limited (ASX:TRJ) has overnight completed the acquisition of Axel Semrau GmbH and Semrau Immobilien GmbH, the private business and properties of Axel Semrau based in Sprockhövel, Germany for €14.75 million and €2.25 million respectively. Adjustments, including accumulated undistributed profits total €2.85 million in favour of the sellers, to be paid…
Apiam Animal Health to acquire Agnes Banks Equine Clinic
BENDIGO, AUSTRALIA: Apiam Animal Health Limited has entered into an agreement to acquire Agnes Banks Equine Clinic (ABEC). ABEC operates a well-established dedicated equine veterinary clinic approximately 70KM from Sydney and is well located to capture a diversified equine client base including sport horses, pleasure horses and racehorses. The business employs 14 equine vets (including…
Blackstone upgrade Crown Resorts acquisition bid to A$12.5/share
MELBOURNE: Crown Resorts Limited (ASX:CWN) has received an unsolicited and non-binding proposal from a company on behalf of funds managed and advised by Blackstone Inc. and its affiliates to acquire all of the shares in Crown by way of a scheme of arrangement at a price of A$12.50 cash per share.The offer price will be…
iCandy Interactive to buy Lemon Sky Studios for A$44.5mn
SYDNEY, AUSTRALIA: iCandy Interactive Limited has entered a Share Sale Agreement to acquire 100% of Southeast Asia-based game art and animation company, Lemon Sky Studios. iCandy is acquiring 100% of Lemon Sky Studios from its two founders for a total consideration of MYR 135 million (A$44.5 million). Lemon Sky Studios is the joint-venture partner of…
Janus Henderson announces CEO Dick Weil retirement
SYDNEY, AUSTRALIA: Janus Henderson Group (NYSE:JHG) announced that Dick Weil intends to retire as Chief Executive Officer and as a member of the Company’s Board of Directors, effective 31 March 2022. The Board has initiated an internal and external search process with the assistance of a leading executive search firm to identify a successor to…
GB Group to acquire Acuant for $736 million
LONDON, UK: GB Group plc (LON: GBG) has conditionally agreed to acquire the entire issued and to be issued share capital of Acuant for a cash free, debt free enterprise value of $736 million (c.£547 million). The acquisition brings together two of the leaders in the global digital identity market, with combined revenue of c.£265…
Unilever to sell ekaterra tea business to CVC Capital Partners for €4.5bn
LONDON, UK: Unilever has entered into an agreement to sell its global Tea business, ekaterra, to CVC Capital Partners Fund VIII for €4.5 billion on a cash-free, debt-free basis. ekaterra is the world’s leading Tea business, with a portfolio of 34 brands including Lipton, PG tips, Pukka, T2 and TAZO®. The business generated revenues of around €2…