LONDON, UK: EKF Diagnostics Holdings has agreed to acquire the entire issued capital of Advanced Diagnostic Laboratory LLC (ADL), a Texas based PCR-focused testing laboratory, for an initial consideration payment of $10 million payable in shares on completion. ADL Health’s CLIA-certified laboratory covers the fields of clinical, forensic and microbiological tests. The business has ISO…
Harvest Minerals developing solar based captive power facility in Brazil
LONDON, UK: Harvest Minerals Limited has commenced construction of a solar power facility that will meet all the power requirements at its Arapua Fertiliser Project in Brazil. Brian McMaster, Chairman of Harvest, said, “Earlier in the year, we qualified for the London Stock Exchange’s Green Economy Mark, which recognised our commitment to ensuring our operations…
Greencoat UK Wind buys Andershaw wind farm for £121mn
LONDON, UK: Greencoat UK Wind (UKW) has agreed to acquire Andershaw wind farm from Statkraft UK Limited for a total consideration of £121 million (including cash and working capital). Andershaw is a 35MW wind farm located 2 miles south of Douglas in South Lanarkshire and comprises 11 Vestas V117 3.3MW turbines. The wind farm was…
Awind AS changes name to IWS Fleet AS
OSLO, NORWAY: Awind AS, a fully owned subsidiary of Integrated Wind Solutions (IWS) has today changed name to IWS Fleet AS. The name change reflects the ambitions of Integrated Wind Solutions to become a leading provider of integrated services and solutions to the offshore wind industry. IWS Fleet AS has two high-specification, purpose-built “walk-to-work” Commissioning,…
Moody’s upgrades Sparebanken Vest’s Senior Preferred debt and Deposit ratings to Aa3
OSLO, NORWAY: Moody’s Investors Service (Moody`s) has today upgraded the bank’s long-term deposit, Senior Preferred debt and counterparty ratings and assessment to Aa3. The rating of the bank’s Senior Non Preferred debt is affirmed at A3. The deposit and senior unsecured ratings carry a stable outlook. According to Moody’s, the rating upgrade reflects continued improvement…
AutoStore intends to launch $315 million IPO on Oslo Børs
NEDRE VATS, NORWAY: AutoStore NewCo Ltd. announced its intention to launch an initial public offering (IPO) and to apply for a listing on Oslo Børs. The IPO is expected to comprise an offering by the Company of newly issued shares to raise gross proceeds of approximately USD 315 million, mainly to reduce the financial leverage…
Bali Bidco reaches agreement to buy Blue Prism for £1.095 billion
LONDON, UK: Bali Bidco Limited, a company indirectly owned by the Vista Funds, has reached agreement to acquire entire issued and to be issued capital of Blue Prism for approximately £1.095 billion. Under the terms of the acquisition, each Blue Prism shareholder shall be entitled to receive 1,125 pence in cash for each Blue Prism Share….
CentralNic to acquire a publishing network from White & Case Ltd
LONDON, UK: CentralNic Group plc, the global internet platform company that derives revenue from the sales of online presence and marketing services, has entered into an agreement to acquire a publishing network of revenue generating websites for a consideration of USD 6.5m in cash and assumed working capital liabilities from White & Case Ltd. The…
ICU Medical agrees to acquire Smiths Medical for $2.8bn
LONDON, UK: Smiths Group has now entered into a binding share purchase agreement with ICU Medical Inc. in relation to the sale of Smiths Medical to ICU Medical. The ICU Transaction is unanimously recommended by the board of directors of Smiths to be in the best interests of shareholders. On 8 September 2021, the Company…
Wolters Kluwer to divest U.S. legal education business for $88mn
AMSTERDAM: Wolters Kluwer Legal & Regulatory U.S. has signed a binding agreement to sell its U.S. legal education business to Transom Capital Group for $88 million in cash. Wolters Kluwer intends to deploy the post-tax proceeds towards additional share repurchases to mitigate the adjusted EPS dilution related to the disposal. The divestment will allow Wolters…
Sercel gets major seismic equipment contract in North Africa
PARIS, FRANCE: CGG announced the award to Sercel of a major contract to supply land seismic equipment for a 3D mega-crew survey in North Africa. It includes a 508XT acquisition system with 100,000 QuietSeis digital sensors and a fleet of twenty Nomad 90 Neo broadband vibrator trucks. The equipment is expected to be delivered in…
Shannon Green appointed Executive Chairman and CEO of Resource Base
SYDNEY, AUSTRALIA: Resource Base Limited has appointed Shannon Green as Executive Chairman and Chief Executive Officer (CEO) on a full time basis, effective 17 November 2021. Mr Green is currently engaged as Executive Chairman on a part time basis (50% FTE). Having successfully overseen the Company’s ASX listing, Mr Green will now assume the role…