AUSTIN, TEXAS: Sony Group is acquiring Bluepoint Games, a studio best known for remaking classic PlayStation videogames. Terms of the acquisition were not announced. In recent years, Bluepoint won acclaim for its “Demon’s Souls” remake for the PS5, which has sold about 1.4 million copies since its release last November, along with its remake of…
Picton Property acquires income accretive city centre multi-let industrial estate
LONDON, UK: Picton Property has completed the freehold acquisition of Madleaze Trading Estate, located in central Gloucester for £13.1 million. Adjacent to Gloucester Quays Retail Park and the Gloucester and Sharpness canal, the property comprises 18 industrial units totalling 304,000 sq ft on a 10.3 acre site. The estate is let to eight occupiers and…
Capita Plc to sell Secure Solutions and Services business for £62mn
LONDON, UK: Capita plc has agreed to sell its Secure Solutions and Services (SSS) business to NEC Software Solutions UK Limited for a consideration expected to be £62 million, on a cash free debt free basis, a bourse filing said. SSS is a provider of software solutions and managed services to the emergency services and…
Jubilant Foodworks to purchase DP Eurasia shares for GBP 23.7mn
LONDON, UK: Jubilant Foodworks Netherlands B.V., a wholly owned subsidiary of Jubilant Foodworks Limited, has expressed intention to purchase up to 24.97 million ordinary shares of DP Eurasia N.V. at a price of 95 pence per share via a reverse bookbuild (RBB). The purchaser’s direct subsidiary, Fides Food Systems Coöperatief U.A., currently owns 47.697 million…
Euromoney Tradedata Integrates EDI’s DerivActions
LONDON, UK: Exchange Data International (EDI) has partnered with Euromoney Tradedata, and announce the integration of EDI’s DerivActions feed for the futures and options industry. EDI and Euromoney Tradedata have collaborated in mutual areas of market interest for many years, it is with much anticipation that EDI announces this strategic partnership with Euromoney Tradedata. The…
Saint-Gobain completes acquisition of Panofrance
LONDON, UK: Saint-Gobain has completed its acquisition of the French company Panofrance, a specialist distributor of timber and panels for the construction and furnishing industries. Panofrance had sales of approximately €160 million in 2020, around 30 points-of-sale throughout France and more than 600 employees. It will complement Dispano, a Saint-Gobain subsidiary specialized in the trade…
Brand Architekts launches its own marketplace
LONDON: Brand Architekts, a challenger British Beauty brand business, has successfully launched its own marketplace, www.theunexpektedstore.com, a unique e-commerce beauty proposition, supported by THG Ingenuity. The Group has entered into a five-year agreement with THG Ingenuity, reflecting the belief in the long-term opportunities of the marketplace. In line with its stated strategy, the Group will…
Palace Capital disposal of holding in Circle Property
LONDON: Palace Capital, the Main Market listed property investment company that has a diversified portfolio of UK commercial real estate in carefully selected locations outside of London but focusing on the office and industrial sectors, announces that it has disposed of its entire shareholding in Circle Property Plc. 1,592,500 shares were sold at a price…
Peabody and Catalyst confirm merger to take place next spring
LONDON, UK: Peabody Capital and Catalyst have confirmed their intention to join together following a 6-week consultation period. Both Boards carefully considered feedback from residents and have now agreed that Catalyst will join the Peabody Group as a subsidiary on 1 April 2022 subject to required lender consents and Catalyst shareholder approval. The new organisation…
Supermarket Income REIT plans £100 million sale of new shares
LONDON, UK: The Board of Directors of Supermarket Income REIT plc, the real estate investment trust providing secure, inflation-linked, long income from grocery property in the UK, announces its intention to raise approximately £100 million by way of a placing and an offer for subscription at an issue price of 115 pence per New Ordinary Share. The £100 million target…
Anexo increases in debt facilities to fund growth
LONDON, UK: Anexo Group has increased debt facilities following discussions with its two major lenders to fund growth in its credit hire and legal services divisions. In total these facilities will provide additional financing of £16.0 million across the year. Credit Hire Division Direct Accident Management Limited (DAMS) and Professional and Legal Services Limited (PALS),…
Norish to sell its cold storage division to Nichirei for £65.7mn
LONDON, UK: Norish plc has signed a conditional agreement for the sale of its cold storage division to Nichirei Holding Holland B.V, a wholly owned subsidiary of Nichirei Logistics Group Inc. for a consideration of £65.706 million, a bourse filing said. Following the settlement of indebtedness and the operation of a completion accounts mechanism in…