LONDON, UK: LSL Property Services announced the sale of its holding of 49.6% in LMS (Legal Marketing Services), a provider of conveyancing panel management services, to a UK Private Equity firm, for a cash consideration of £12 million. The sale simplifies the Group structure, providing further capital for deployment into opportunities to accelerate the Group’s…
CyanConnode signs Key MOU with Intellismart
LONDON, UK: CyanConnode Holdings has signed a MOU (Memorandum of Understanding) with Intellismart, (Intellismart Infrastructure Private Limited), a joint venture company formed by EESL, (Energy Efficiency Services Limited), and NIIF, (National Investment and Infrastructure Fund). Intellismart is a Meter Asset Provider which deploys smart meters by funding CAPEX, which it then recovers through an OPEX…
Europa Oil & Gas gets oil storage consent for Wressle Oil Field
LONDON, UK: Europa Oil & Gas (Holdings) plc has been advised by the operator that consent has been received from North Lincolnshire Council for the storage of crude oil under the Planning (Hazardous Substances) Regulations 1992 at the Wressle Oil Field Development. Europa Oil & Gas (Holdings) plc is the UK, Ireland and Morocco focused…
Carlyle’s Murano Bidco to acquire Vectura Group in a £958 million deal
LONDON, UK: The boards of Vectura Group and Murano Bidco have reached agreement on the terms of a recommended cash acquisition pursuant to which Bidco shall acquire all of the issued and to be issued ordinary shares of Vectura Group. The acquisition values the entire issued and to be issued ordinary share capital of Vectura…
Crossword Cybersecurity acquires Verifiable Credentials Limited for £2.75 million
LONDON, UK: Crossword Cybersecurity Plc announced its acquisition of the whole of the share capital of Verifiable Credentials Limited (VCL), the provider of Identiproof, the World Wide Web Consortium (W3C) verifiable credentials compatible middleware and wallet technology, with whom Crossword is already working. Identiproof, VCL’s middleware technology suite of products, is a key component in…
Supply@ME Capital signs agreement to buy TradeFlow Capital Management for £31 million
LONDON, UK: Supply@ME Capital plc (LON: SYME) has signed a Share Purchase Agreement (SPA) to acquire the entire issued share capital of TradeFlow Capital Management Pte. Ltd., the leading Singapore-based FinTech-powered commodities trade enabler focused on SMEs. The acquisition will enable SYME to further enhance its platform, delivering a global inventory monetisation service, including the…
Mattioli Woods to acquire Maven Capital and Ludlow Wealth Management for 143.5mn
LONDON, UK: Mattioli Woods plc announced the proposed acquisitions of Maven Capital Partners UK LLP and Ludlow Wealth Management for a total of £143.5 million. Mattioli Woods has conditionally agreed to acquire all the membership interests in Maven, for an aggregate maximum consideration of up to £100.0 million (including, subject to certain conditions being satisfied,…
Playtech plc agrees to sell its financial trading division (Finalto) for $210 million
LONDON, UK: Playtech plc has entered into an agreement for the sale of its financial trading division (Finalto) to a consortium led by Barinboim Group and backed by Leumi Partners Limited and Menora Mivtachim Insurance Limited, together with key members of the Finalto Business’ management team. Finalto is a specialist in B2C and B2B multi-channel…
Wondr Gaming Corp to acquire Hot Dot Media Inc. in a share exchange deal
TORONTO, CANADA: Wondr Gaming Corp. (CNSX: WDR) has entered into a binding agreement to acquire Hot Dot Media Inc. (HDM) in exchange for 8.0 million common shares of Wondr Gaming to be issued to the shareholders of HDM at a deemed price of $0.25 per share. Hot Dot Media Inc. (HDM) is a social media…
Supernet with partner Avara Technologies win multi-million dollar project in Pakistan
ISLAMABAD: Pakistan based Supernet Limited and their Australian partner Avara Technologies have been awarded a long-term program by a major Pakistani customer for the supply of multiservice multiplexers and associated operations, maintenance, warranty and support services. The combined revenue of the business awarded to Supernet so far exceeds PKR 400 million, and Supernet expects a…
MADE.com plans £100 million initial public offering on London Stock Exchange
LONDON, UK: MADE.com Limited, a leading digitally native lifestyle brand, announced potential intention to undertake an initial public offering (IPO) of the shares. “Should MADE proceed with the Offer, Listco will apply for admission of its Shares to the premium listing segment of the Official List of the FCA and to trading on the London…
Citycon Oyj contemplates issuance of EUR 300mn green capital securities
HELSINKI, FINLAND: Citycon Oyj is considering the issuance of euro-denominated green capital securities in an amount of approximately EUR 300 million, a news release said. The issuance of the capital securities will take place in the near future, subject to market conditions. Citycon will apply for the capital securities to be admitted to the official…