LONDON, UK: Falcon Oil & Gas Ltd. announced the appointment of Joe Nally as Non-executive Chairman and to the Board of the Company, with immediate effect, replacing Joachim Conrad who will remain on the Board as a Non-executive Director. Mr Nally has over 45 years’ experience in London’s capital markets including 18 years at Cenkos…
Wincanton buys Cygnia Logistics Limited, in a £23.9 million deal
LONDON, UK: Wincanton Plc, a leading supply chain partner for UK business, has agreed to acquire 100% of the shares in Caledonia Bidco Limited, the holding company of Cygnia Logistics Limited from Crescent Capital for a consideration of up to £23.9 million, on a cash free, debt free basis. Founded in 1999, Cygnia Logistics has…
Equitix buys Babcock’s stake in AirTanker for £126 million
LONDON, UK: Babcock International has entered into a definitive agreement with Equitix Investment Management Limited for the sale of its 15.4% shareholding in AirTanker Holdings Limited for a cash consideration of £126 million, including the repayment of shareholder loans of £31.1 million1, subject to any routine closing adjustments and before transaction costs. AirTanker Holdings is…
Chesnara to acquire Sanlam Life & Pensions UK for £39 million
LONDON, UK: Chesnara Plc has entered into an agreement with Sanlam UK Limited to acquire Sanlam Life & Pensions UK Limited (SLP), a specialist provider of insurance and long-term savings products in the UK.Cash consideration of £39 million will be funded from Chesnara’s existing debt facility. The acquisition enhances the scale of its operations in…
Rolls-Royce sells 23.1% stake in AirTanker Holdings to Equitix for £189mn
LONDON, UK: Rolls-Royce has announced the agreed sale of its 23.1% shareholding in AirTanker Holdings Limited to Equitix Investment Management Limited for cash proceeds of £189 million, including the repayment of shareholder loans and accrued and deferred interest of approximately £47 million, subject to any routine closing adjustments and before transaction costs. The transaction is…
Ascential acquires OneSpace, a content optimisation business
LONDON, UK: Ascential plc has acquired 100% of OneSpace, a content optimisation business serving brands trading on eCommerce marketplaces. Ascential plc is the specialist information, analytics and eCommerce optimisation company. Underpinned by its SaaS model, OneSpace manages product specific content catalogues, enables the creation of original material and customizes content in order to drive higher…
AdEPT says Datrix acquisition integrating well
LONDON, UK: AdEPT Technology Group, one of the UK’s leading independent providers of managed services for IT, unified communications, connectivity, and voice solutions, is pleased to report that Datrix, a substantial and strategically important acquisition announced in April 2021 is integrating well with early key goals achieved. GOAL 1 – Migration to core systems Immediately…
Petershill Partners confirm IPO on the London Stock Exchange
LONDON, UK: Following the announcement by Petershill Partners on 6 September 2021 of its expected intention to float, the Company today confirms its intention to undertake an initial public offering (the “IPO” or the “Offer”) and certain details of the Offer. The Company intends to apply for admission of the Ordinary Shares to the premium…
Payments & mobility platform Eurowag plans €200 million IPO on LSE
LONDON, UK: Eurowag, a leading pan-European integrated payments & mobility platform focused on the commercial road transportation industry, announced its potential intention to undertake an initial public offering (IPO). Should Eurowag proceed with the IPO, the company will apply for admission of its Ordinary Shares to the premium listing segment of the Official List of…
Exscientia Limited registers for IPO in United States
LONDON, UK: Frontier IP, a specialist in commercialising intellectual property, notes a registration statement has been filed for portfolio company Exscientia Limited with the U.S. Securities and Exchange Commission relating to a proposed initial public offering (IPO) of Exscientia in the United States of its shares. Frontier IP unites science and commerce by identifying strong…
BrandShield removes 92% counterfeit products from the internet
LONDON, UK: BrandShield Systems, a cybersecurity company specialising in monitoring, detecting, and removing online threats provides a holistic brand protection solution to high-end medical and home-based aesthetics solutions provider Pollogen, resulting in removal of 92% of IP-infringing listings and counterfeit products from the internet, within the first month. BrandShield was enlisted by Pollogen to combat…
PTCL to equip The City School with premium ICT services
KARACHI, PAKISTAN: Pakistan Telecommunications Company Limited (PTCL), signed a Memorandum of Understanding (MoU) with The City School to offer premium ICT services including telephone and high-speed internet to the students, alumni and staff members of the institution. PTCL will offer exclusive discounted packages with unlimited data to facilitate effective teaching and learning at one of…