CAIRO, EGYPT: EFG Hermes Corp-Solutions has signed a sale & lease back agreement with leading real estate development firm Misr Italia Properties for refinancing its state of the art property-Garden 8 Mall, amounting to EGP 750 million. Garden 8 Mall represents approximately 47K m2 in BUA accommodating premium brands for both retail space and restaurants…
Great Ropemaker Partnership sells 160 Old Street, EC1, to J.P. Morgan
LONDON, UK: The Great Ropemaker Partnership (GRP), the 50:50 Joint Venture between Great Portland Estates plc (GPE) and Ropemaker Properties Ltd (the property nominee of the BP Pension Fund) announces that it has sold 160 Old Street, EC1 to a fund advised by J.P. Morgan Global Alternatives. The headline price of £181.50 million reflects a…
Octopus acquires two in-construction Polish onshore wind projects
LONDON, UK: Octopus Renewables Infrastructure Trust has acquired two in-construction onshore wind farms in Poland from the PNE Group, an experienced German developer of wind projects across Europe. The “Krzecin” and “Kuslin” wind farms, with a combined capacity of 58.8 MW once completed, will benefit from a high percentage of fixed price revenues under the…
Savannah joins the newly formed International Lithium Association
Savannah Resources plc, the European lithium development company, is pleased to announce that it has become an Associate member of the International Lithium Association (“ILiA”), the newly formed global lithium industry trade organisation. Mr Anand Sheth, Founding Chairman of ILiA, said: “We have created a global lithium professional association for two strong reasons: there wasn’t one…
SimiGon wins U.S. Marine Corps VR simulators contract
LONDON, UK: SimiGon, a global leader in modelling, simulation and training solutions, is pleased to announce that it has been awarded a contract by the United States Marine Corps (USMC) to provide Virtual Reality (VR) simulators. The Company will provide the Marine Corps Recruiting Command with SimiGon’s SIMbox-based F/A-18C and AH-1Z low-cost, portable VR simulation…
SkillFactory merges with Skillbox and GeekBrains
MOSCOW: Mail.ru Group Limited announced the merger of the educational platform SkillFactory with Skillbox and GeekBrains. With SkillFactory joining Skillbox Holding Limited (part of the VK ecosystem), which already unites Skillbox and GeekBrains, the consolidated company will be in an even stronger position on the Russian online education market. Skillbox acquired a stake in SkillFactory online…
Eesti Energia selling Enefit Green shares through IPO
LONDON, UK: Enefit Green AS, 100% subsidiary of Eesti Energia AS, published an initial public offering, listing and admission to trading prospectus and announced the offering of shares that will last until October 14, 2021. The results of the offering and the distribution of shares are planned to be announced on or about October 15,…
GSTechnologies agrees on conditional acquisition of Angra
LONDON, UK: GSTechnologies Limited has entered into a conditional agreement to acquire the whole of the issued share capital of Angra Limited, a UK-based foreign exchange and payment services company. Angra, which operates under the AngraFX brand name, is a Financial Conduct Authority (FCA) approved Authorised Payment Institution (API), conducting fast, secure and low-cost foreign…
Marks Electrical plans IPO on AIM of London Stock Exchange
LONDON, UK: Marks Electrical Limited, a fast growing online electrical retailer, has expressed intention to proceed with an initial public offering (IPO) and to seek admission to trading on AIM, a market of the London Stock Exchange, of the issued and to be issued ordinary shares in the capital of a newly established holding company…
Idox Plc acquires exegesis in a £7.0 million deal
LONDON, UK: ldox plc, a leading supplier of specialist information management software and solutions to the public and asset-intensive sectors, announced the acquisition of exeGesIS Spatial Data Management Ltd, a UK based geospatial information services (GIS) technology business. The initial cash consideration for the acquisition is £5.35m, with up to £1.65m of additional cash consideration…
OCI and ADNOC to sell 13.8% Fertiglobe shares in ADX IPO
AMSTERDAM: OCI N.V., Abu Dhabi National Oil Company (ADNOC) and Fertiglobe plc announced their intention to proceed with an initial public offering (IPO) of Fertiglobe and to list its shares for trading on the Abu Dhabi Securities Exchange (ADX). OCI and ADNOC intend to collectively offer 13.8% of Fertiglobe’s issued share capital in the offering….
Quadpack acquires Stefan Wicklein Kunststoffveredelung
PARIS, FRANCE: Quadpack Industries, manufacturer and provider of packaging solutions to the global beauty industry, has acquired German decoration specialist Stefan Wicklein Kunststoffveredelung GmbH, one of the world’s leading providers of full hot stamping technology, also known as hot-foil stamping. The acquisition expands Quadpack’s decoration know-how and service offering, as it aims to become a…