SILICON VALLEY: Nanosys Inc., supplier of quantum dot light emitting materials and technology, announced the acquisition of glō, the leading technology company for microLED displays. The transaction significantly expands Nanosys’ capabilities and technology offerings, accelerating the company’s development and progress toward the widespread adoption of microLED and nanoLED display technology for future displays, a news…
H.I.G. Capital to acquire Travis Perkins’s plumbing & heating business for £325 million
LONDON: H.I.G. Capital’s affiliate has signed a definitive agreement to acquire Travis Perkins Plc’s Plumbing & Heating business, a news release said. The divestiture is valued at approximately £325 million, and the transaction is expected to be completed within the next three months, following regulatory approval. headquartered in Northamptonshire, P&H operates under its primary trading…
Steven Schneider appointed CEO of Phone2Action
ARLINGTON: Steven Schneider, former chief executive at Logi Analytics, joined Phone2Action as CEO while Co-Founder Jeb Ory transitions into a new role as President and Chief Strategy Officer. Phone2Action, the leading public affairs and government relations technology platform, has expanded its leadership team. “This is a milestone in our continuing journey to support public affairs,…
Norways’ Financial Supervisory Authority permits SpareBank 1 BV and Sparebanken Telemark merger
OSLO: The Financial Supervisory Authority of Norway (NoFSA) has now granted the necessary permits to carry out the merger between SpareBank 1 BV and Sparebanken Telemark in accordance with a decision made by the banks’ Supervisory Board on 25 March 2021. Finanstilsynet has set Pillar 2 requirements for the merged bank on core tier 1…
Kistos Plc completes EUR 222.75 million acquisition Tulip Oil Netherlands B.V.
LONDON: Kistos Plc (LON: KIST) announced the completion of the acquisition of the entire issued and outstanding share capital of Tulip Oil Netherlands B.V. Kistos has committed to ensuring its Scope One Emissions are net zero from completion. The producing asset Q10-A has a uniquely low carbon footprint given the platform is powered by wind…
Jacques Bogart proposes to acquire fragrance boutique chain Nocibé in France
PARIS: Jacques Bogart has submitted a firm offer to acquire a portion of the assets of fragrance boutique chain Nocibé in France, a news release said. Nocibé posts turnover of around €1 billion through a chain of around 600 sales outlets in France. At the start of the year, brand owner Groupe Douglas announced the…
Yew Grove REIT acquires properties in Dublin for €8 million
LONDON: Yew Grove REIT plc (LON:YEW) has exchanged contracts for the purchase of an industrial building in Dundalk and two adjoining office properties in Citywest Dublin. In Dundalk, the Company has exchanged contracts on Tanola House on Coes Road, Dundalk, a recently constructed high bay industrial building of 86,451 sq. ft. over two adjoining blocks….
LondonMetric Property announces £13.5 million property acquisitions
LONDON: LondonMetric Property Plc announced the acquisition of two vacant London warehouse assets in Brent Cross and Streatham for a combined purchase price of £13.5 million. The Company has agreed a new 20 year lease with Jacuna Kitchens across c.75% of the combined space. Jacuna will operate c.100 dark kitchens across both locations and LondonMetric…
Sensyne Health signs strategic research agreement with St. Luke’s University Health Network
DELAWARE: Sensyne Health plc (LON: SENS) has signed its first Strategic Research Agreement (SRA) in the United States of America with St. Luke’s University Health Network, a leading U.S. health system serving patients in Pennsylvania and New Jersey. The agreement will enable the ethical application of clinical AI research to improve patient care and accelerate…
AstraZeneca COVID-19 vaccine Vaxzevria authorised for emergency use in Japan
LONDON: AstraZeneca‘s COVID-19 vaccine, Vaxzevria, formerly AZD1222, has been granted a special approval for emergency use in Japan for active immunisation of individuals aged 18 years and older, to prevent COVID-19 caused by SARS-CoV-2. The Japanese Ministry of Health, Labour and Welfare granted the approval based on positive Phase III efficacy and safety data from…
Biffa Plc to acquire collection and recycling business of Viridor Waste Management for £126 million
LONDON: Biffa plc (LON: BIFF) has entered into an agreement to acquire the collections business and certain recycling assets from Viridor Waste Management Limited for a cash consideration of £126 million. This acquisition expands Biffa’s collections business and recycling capabilities while solidifying its leading position in UK sustainable waste management. Completion is expected no earlier…
Ryman Group CEO Gordon MacLeod to resign
AUCKLAND: Ryman Healthcare Group Chief Executive Officer (CEO) Gordon MacLeod will be leaving the company after 15 years in senior roles, a news release said. Gordon joined Ryman as Chief Financial Officer (CFO) in January 2007, was promoted to Deputy Chief Executive at the end of 2014, and took over as CEO in June 2017….