LONDON, UK: DX Group has launched a new depot in Middlesbrough, continuing its expansion strategy. DX Group is a leading provider of delivery solutions including parcel freight, secure, courier and logistics services. The new depot, located in Riverside Park Industrial Park, replaces a smaller site in Hartlepool, and will become the centre of operations in…
Ulster Bank agrees to sell commercial lending to Allied Irish Banks
LONDON, UK: Ulster Bank in the Republic of Ireland has announced signing of an agreement to sell the majority of its commercial lending to Allied Irish Banks p.l.c. As part of the phased withdrawal from the Republic of Ireland, NatWest Group (NWG) and Ulster Bank in the Republic of Ireland (UBIDAC) announced on 19 February…
Oakley Capital agrees sale of ACE Education to Groupe Amaury for £16 million
LONDON, UK: Oakley Capital announced that Oakley Capital Private Equity III and other co-investors have reached an agreement to sell their stakes in ACE Education (ACE), a leading private vocational higher education platform in France and Spain. OCI’s share of proceeds will be approximately c.£16 million. As part of the transaction, Oakley Capital Origin Fund…
MyHealthChecked Plc acquires Nell Health Ltd
LONDON, UK: MyHealthChecked Plc announced the acquisition of 100% of the outstanding share capital of Nell Health Ltd, a provider of genetic testing and personalised nutrition consultancy services, for an initial consideration of £1.202m, comprising £1.152m in payable in shares and £0.05m in cash, and a deferred consideration of up to £1.0m payable in shares…
Caerus Mineral Resources signs agreement to acquire Cyprus Gold Mines Ltd
LONDON, UK: Caerus Mineral Resources (LSE: CMRS) has signed an agreement on Heads of Terms for the acquisition of Cyprus Gold Mines Ltd (CGML), known currently as P.Von-de-Tsianos Gold Mines Ltd (PVTGM), a news release said. CGML is a private, Cypriot-registered, exploration and mining company that holds three advanced copper – gold exploration properties, each with…
JD Sports Fashion to acquire Deporvillage in Spain for €140.4 million
LONDON, UK: JD Sports Fashion announced that on 25 June 2021, Iberian Sports Retail Group SL (‘ISRG’), its existing 50.02% intermediate holding company in Spain, entered into a conditional agreement to acquire 80% of the issued shares in Deporvillage SL. Total maximum cash consideration for the acquisition of the initial 80% holding in Deporvillage, subject…
Hexagon Purus accelerates its efforts in the zero emission maritime segment
OSLO, NORWAY: Hexagon Purus (HPUR is accelerating its commercial efforts to bring zero emission technology to the maritime industry. Although the business has global ambitions, the main focus from the onset will be Norway – a nation with some of the strongest maritime technology industries in the world. Hexagon Purus Maritime AS has been established…
Norsk Solar signs agreement for 37 MW with Órigo Energia in Brazil
STAVANGER, NORWAY: Norsk Solar AS (NSOL) has entered into a development agreement for 37 MWp to provide clean energy to Órigo Energia, a news release said. Norsk Solar will finance, build, own, and operate the solar projects portfolio of 12 projects. “This agreement is a natural next step in the Norsk Solar business plan and…
Kiwi Property considers green bond offer
AUCKLAND, NEW ZEALAND: Kiwi Property Group Limited (NZX: KPG) is considering an offer of seven-year fixed-rate senior secured green bonds (Green Bonds) to institutional and New Zealand retail investors, a news release said. Full details of the Green Bond offer will be released upon the offer opening, which is expected to be in the week…
Pakistan invites operators to run Ferry Service on domestic and international routes
KARACHI, PAKISTAN: Maritime Ministry has invited investors and operators to run passenger-cum-cargo Ferry Service on both domestic and international routes. The ferry terminals at Karachi Port, Port Qasim and/or Gwadar Port would be established by the respective port authorities, replicating all the operational facilities related to security, immigration, customs etc. as that of any international…
GFH Financial buys FedEx logistics facility in Ohio for $100 million
MANAMA, BAHRAIN: GFH Financial Group (GFH) has bought a US-based warehousing and distribution logistics facility situated in Ohio and fully leased to FedEx Inc. in a transaction valued at approximately US$100 million. This is part of GFH’s logistics and industrial sector investment theme, focusing on the acquisition of high quality logistics assets in key distribution…
Emirates expands operations across its network to serve strong summer demand
DUBAI, UAE: Emirates is ramping up its operations and expanding services across its network to meet strong leisure travel demand over the summer, as entry restrictions ease for travelers, a news release said. The airline has been gradually and safely rebuilding its route network and advancing its strategy to optimize its presence in key markets…