SYDNEY, AUSTRALIA: HomeCo Daily Needs REIT has announced acquisition of a 100% interest in Town Centre Victoria Point, QLD for a total purchase price of $160.0 million representing a fully leased yield of 4.75%. HDN Fund Portfolio Manager Paul Doherty said: “Opportunities to acquire an asset of this quality and scale are rare, particularly one…
Cannasouth to fully acquire it’s cultivation and manufacturing joint ventures for $4.5 million
WELLINGTON, NEW ZEALAND: Cannasouth Limited (NZX: CBD) has today entered into two conditional agreements to buy the balance of the shares that it does not already own in its cultivation and manufacturing joint venture businesses. Acquisition of outstanding shares in Cannasouth Cultivation Limited Cannasouth has entered into a conditional agreement with Aaron Craig and his…
New Zealand Overseas Investment Office okays a2MC acquisition of 75% interest in Mataura Valley Milk
AUCKLAND, NEW ZEALAND: The a2 Milk Company (a2MC) has received the consent of New Zealand Overseas Investment Office (OIO) to acquire a 75% interest in Mataura Valley Milk (MVM), a dairy nutrition business, located in Southland, New Zealand. Completion of the transaction is now to set to occur with effect from the end of July….
Kiwi Property launches green bond offer
AUCKLAND, NEW ZEALAND: Kiwi Property Group Limited is offering up to NZ$100 million (plus up to NZ$50 million of oversubscriptions) of seven-year fixed-rate senior secured green bonds to institutional and New Zealand retail investors, a news release said. The offer opens today and will be made pursuant to the Financial Markets Conduct Act 2013 as…
AXIA Coin to be listed on BitMart Exchange
NEW YORK: AXIA Coin (AXC) will be listed on BitMart Shooting Star on July 6, 2021. Eligible BitMart users can purchase AXC with 20% off in a 24-hour flash sale. For all BitMart users, the AXC/USDT will be officially available for trading on July 7, 2021. AXIA Coin is a global currency that aims to…
Jet2.com and Jet2holidays launch inaugural flight from Bristol Airport
LONDON, UK: Jet2.com and Jet2holidays launched inaugural flight from Bristol Airport on June 2nd, a news release said. The start of operations from Bristol Airport comes as the Balearic Islands (Majorca, Menorca and Ibiza) and Madeira were all added to the Green Travel List for customers travelling from England, Wales, Scotland and Northern Ireland. Following…
The Hut Group (THG)
The Hut Group (THG) is a British e-commerce company headquartered at Manchester Airport, England. It operates over 100 international websites that takes brands direct to consumer through its proprietary e-commerce platform. As of 2015, THG’s sales had predominantly been outside the UK. In just 16 years, The Hut Group (THG) has become a globally renowned…
EQT Private Equity and Goldman Sachs to acquire Parexel for $8.5 billion
BOSTON: Parexel, a leading global clinical research organization (CRO) focused on development and delivery of innovative new therapies to advance patient health, announced the execution of a definitive merger agreement under which it will be acquired by EQT IX fund and the private equity business within Goldman Sachs Asset Management from Pamplona Capital Management LP…
Kashan Hasan to head Reckitt in Pakistan
KARACHI, PAKISTAN: Kashan Hasan has been appointed as the lead for all Pakistan operations at Reckitt – formerly known as Reckitt Benckiser (RB). Previously, Kashan was leading the Health business in Pakistan since January 2020. During his tenure, the Health business not only achieved double digit growth, but was also recognized as the Market of the…
Panoply Holdings acquires Nudge Digital Limited for £5.0 million
LONDON, UK: The Panoply Holdings has acquired entire issued and to be issued ordinary share capital of Nudge Digital Limited, a news release said. Nudge digital is a digital services agency which delivers strategy-led services primarily to the pharmaceutical industry, health sector and, more recently, to local authorities, with a particular focus around care pathways….
Supreme plc acquires brands of SCI-MX Limited
LONDON, UK: Supreme Plc announced the acquisition of the brands of SCI-MX Nutrition Limited, a leading sports nutrition and supplements business. As part of the Acquisition, Supreme has purchased £1.3 million of stock of SCI-MX and PRO2GO products. The Acquisition will be funded from the Group’s existing cash resources. The Acquisition adds a number of…
Drax Group acquires 20% stake in Alabama Pellets for $29.7 million
LONDON, UK: Drax Group has agreed to acquire a 20% minority interest in Alabama Pellets LLC – the joint venture which owns the Demopolis and Aliceville pellet plants – from The Westervelt Company for $29.7 million cash consideration, a news release said. The acquisition will increase the Group’s interest in Alabama Pellets to 90% and…