LONDON, UK: JPMorgan Global Growth & Income (JGGI) and The Scottish Investment Trust (SCIN) have agreed to merge their business forming a £1.2 billion entity. The Board of JPMorgan Global Growth & Income plc (JGGI) has signed Heads of Terms with the Board of The Scottish Investment Trust PLC (SCIN) in respect of a proposed combination with…
BBGI makes CAD 88mn social infrastructure investments in Canada
LONDON, UK: BBGI Global Infrastructure has entered into an agreement to acquire a 25% interest in Center Hospitalier de l’Université de Montréal (CHUM), in Montreal, Québec, Canada. The asset is classified as availability-based under the investment policy of the Company and aligns with BBGI’s ESG principles. The public-private partnership project originally consisted of the design,…
MISSION Group acquires customer engagement agency, Soul
LONDON, UK: The MISSION Group announced the acquisition of Soul, a leading customer engagement Agency. Based in London, Soul is a full-service customer engagement Agency that works with psychologists to help businesses better understand human nature and human behaviour. This means they can advise their clients, leading brands such as Genting, John Lewis Finance, Michael…
Marlowe Plc to acquire EssentialSkillz for £25 million
LONDON, UK: Marlowe Plc has entered into a binding agreement to acquire Riskwize Limited and its wholly owned subsidiary EssentialSkillz Limited for £25 million. Incorporated in 2001, EssentialSkillz is a leading provider of eLearning course and compliance software. The EssentialSkillz compliance and training platform enables organisations to engage their employees in all compliance areas, and…
Novatti acquires South East Asian fintech, ATX
SYDNEY, AUSTRALIA: Novatti Group Limited, a leading fintech that enables businesses to pay and be paid, is will acquire ATX Fintech Holding, a leading South East Asian payments fintech, based in Malaysia. Novatti will acquire all of the issued share capital of ATX Fintech Holding Sdn Bhd, the Malaysian parent company of the ATX group,…
Dick Richelle nominated new CEO of Royal Vopak
ROTTERDAM, NETHERLANDS: The Supervisory Board of Royal Vopak announced the upcoming succession of Eelco Hoekstra after having served 11 years as Chairman of the Executive Board and CEO of Royal Vopak. The Supervisory Board will nominate Dick Richelle to become Chairman of the Executive Board and take over as CEO as per 1 January 2022….
Veidekke expects stable Scandinavian contracting markets
OSLO, NORWAY: Veidekke expects activity in the Scandinavian contracting markets to remain at current levels until the end of 2023, with generally similar headline developments all three countries. “The markets are returning to normal, pre-pandemic conditions. Our forecast in the spring that activity levels would remain high and stable has been confirmed thus far, and…
CountPlus finalises terms to acquire Accurium for $9mn
SYDNEY, AUSTRALIA: CountPlus Limited, Australia’s leading network of professional accounting and advice firms, has finalised terms to acquire Accurium Pty Ltd from Challenger Limited. Accurium is Australia’s largest supplier of Self-Managed Superannuation Fund (SMSF) actuarial certificates, with circa 45% market share, providing actuarial certificates direct via an online portal or through integration with leading SMSF…
BlackEarth Minerals partners Metachem to capture Europe’s demand
SYDNEY, AUSTRALIA: BlackEarth Minerals has executed a Joint Venture (JV) agreement with India based Metachem Manufacturing Company to supply a material portion of all imports of Expandable Graphite into Europe. Expansion plans being initiated to capture a greater share of world wide demand. BlackEarth Minerals NL and Metachem have signed an Operational JV agreement, to…
Handelsbanken exiting from Denmark and Finland
OSLO, NORWAY: Handelsbanken has initiated the process to divest its operations in Denmark and Finland, markets that account for 10% of the income, 13% of the costs, and 8% of the operating profit within the group. The capital allocated to the operations in Denmark and Finland amounts to a total of approximately SEK 15 billion….
i2S renforce sa capacité d’innovation dans la Vision intégrée
i2S, spécialiste de la capture et du traitement d’images depuis plus de 40 ans, annonce l’acquisition de la société d’imagerie sous-marine ORPHIE.L’acquisition d’ORPHIE s’inscrit pleinement dans l’orientation annoncée dans le plan stratégique 2019- 2023 de capitaliser sur le savoir-faire d’i2S en vision intégrée, pour se spécialiser dans des domaines d’application de l’imagerie avec des solutions…
Hochschild Mining to spin out Aclara Resources, IPO on TSX
ONTARIO, TORONTO: Hochschild Mining PLC announced its intention to demerge shares representing 80% of the entire issued share capital of Aclara Resources Inc., its indirect wholly-owned subsidiary. As well as demerging Aclara from the group, Aclara will seek to have listed on the Toronto Stock Exchange (TSX) its entire issued share capital. The demerger is…