LONDON, UK: Seraphim Space Investment Trust, the world’s first listed fund focused on SpaceTech, has made a new $25 million investment into HawkEye 360 Inc. the world’s leading commercial provider of space-based radio frequency (RF) data and analytics. This takes Seraphim Space’s portfolio of assets to a total of 20 SpaceTech companies. Since its IPO…
Blackstone Life Science to invest $250m in Autolus
LONDON, UK: Syncona Ltd, a leading healthcare company, announced that Blackstone Life Sciences has entered into a strategic collaboration and financing agreement with Syncona portfolio company Autolus Therapeutics. The key terms of the financing agreement are set out below: · $250 million transaction: $100 million immediate equity investment and up to $150 million in product…
Edda Wind plans NOK 875 million IPO on Oslo Stock Exchange
HAUGESUND, NORWAY: Edda Wind ASA announced intention to launch an offering of shares in the Company (IPO) and to apply for a listing on the Oslo Stock Exchange. The IPO will comprise an offering of new shares in the Company, expected to raise gross proceeds of NOK 875 million. The IPO will support the Company’s…
Tikehau Capital appoints John Fraser as Partner and Chairman of Global Structured Credit Strategies
PARIS, FRANCE: Tikehau Capital announced the appointment of John Fraser as Chairman of its Global Structured Credit strategies, based in New York. This appointment reinforces the firm’s commitment to its CLO business and supports Tikehau Capital’s expansion into the US market. Since the creation of its CLO business in 2014, Tikehau Capital has a proven…
HICL buys 33.3% stake in Road Management Group for £34.4mn
LONDON, UK: HICL Infrastructure Plc has acquired, indirectly, a 33.3% interest in Road Management Group (RMG), a holding company which comprises two UK shadow toll roads: the A417/A419 Swindon-Gloucester and the A1 (M) Alconbury-Peterborough. The interest was acquired from Abertis Infraestructuras S.A. for a combined consideration of up to £34.4 million. This investment will be…
Rolls-Royce sells I&C business to Framatome
LONDON, UK: Rolls-Royce announced the completion of the sale of civil nuclear instrumentation & control (I&C) business to Framatome. The completion of the transaction, which was first announced on 7 December 2020, follows recent clearance from the relevant regulatory authorities. The proceeds received by Rolls-Royce contribute towards the target to generate at least £2bn from…
Recycling Technologies announces £40 million IPO
LONDON, UK: Recycling Technologies announced its intention to proceed with an initial public offering (IPO) to raise gross proceeds of up to £40 million on the AIM market of the London Stock Exchange. Recycling Technologies expects Admission to occur in December 2021. Recycling Technologies Limited is a UK-based engineering, research and manufacturing company that has…
Sirius Real Estate to acquire BizSpace for £245 million
LONDON, UK: Sirius Real Estate Limited has agreed to acquire Helix Investments Limited (the holding company of the BizSpace business) from Värde Partners for a cash consideration of c.£245 million, based on an enterprise value of £380 million. BizSpace is a leading provider of regional flexible workspace, offering light industrial, workshop, studio and out of…
Federico Tonetti appointed CEO of Woodbois Limited
LONDON, UK: Woodbois Limited announced the appointment of Federico Tonetti to the role of Chief Executive Officer with immediate effect. Paul Dolan, previously Chair and CEO, will assume the position of Executive Chair of the Company, and will remain fully involved in the day to day running of the business and especially its strategic development….
COSOL Limited agrees to acquire Clarita Solutions
BRISBANE, AUSTRALIA: COSOL Limited has executed a Share Purchase Agreement (SPA) to acquire Clarita Solutions Pty Ltd. Upfront consideration for the acquisition consists of $7 million in cash and 7.95 million COSOL shares, with up to a further $3.75 million payable in either cash or an issue of shares by way of earn-out consideration based…
ABEO acquires Belgium-based Eurogym
PARIS, FRANCE: ABEO, a leading global supplier of sports and leisure equipment, has acquired entire share capital of Belgian company Eurogym, which specialises in the distribution of leisure and competition gymnastics equipment. Created 29 years ago, Eurogym was acquired from its founder, Lieven Vercruyssen, who will support ABEO for the time necessary to ensure the…
BHP Group to sell BHP Mitsui Coal for $1.35bn
LONDON, UK: BHP Group signed a deal to sell its stake in BHP Mitsui Coal (BMC), a metallurgical coal joint venture in Queensland, to Stanmore Resources for up to $1.35 billion, a news release said. Stanmore, which is majority-owned by Singapore-listed Golden Energy and Resources, agreed to acquire BHP’s 80% stake in BHP Mitsui Coal, which owns…