SYDNEY, AUSTRALIA: The Chairman of Australia and New Zealand Banking Group Limited (ANZ) Paul O’Sullivan today announced that Christine O’Reilly will join the ANZ Board on 1 November 2021 as a non-executive director, subject to meeting regulatory requirements. Ms O’Reilly is one of Australia’s leading non-executive directors and currently serves on the boards of BHP,…
Eight Capital disposes of investment in Finance Partners Group
LONDON, UK: Eight Capital Partners has disposed of its entire investment in Finance Partners Group SpA (FPG) for €2.15 million. FPG is an Italian based financial services business which, amongst other things, takes minority stakes in private companies seeking future listings on public markets. ECP’s holding was originally acquired through the purchase of a €2.0…
Inspired Plc takes Dianne Walker on the Board
LONDON, UK: Inspired Plc announced the appointment of Dianne Walker to the Board as an independent Non-Executive Director with immediate effect. As described in the Group’s Board Changes announcement in May, the Board has sought the appointment of a fourth independent Non-Executive Director who will assume the role of chairing the Audit Committee. Dianne is…
Conduity Capital to acquire Smarttech247 for £33.5 million
LONDON, UK: Conduity Capital has entered into a non-binding heads of agreement to work towards the possible acquisition of Smarttech247, incorporated in the Republic of Ireland as Zefone Limited, for a total consideration of £33.5 million, to be satisfied by the issue of new ordinary shares in Conduity. Smarttech247 is an established global artificial intelligence (AI) based cybersecurity…
Frank Sagnier appointed non-executive chair of nDreams
LONDON, UK: Mercia Asset Management, the proactive, regionally focused specialist asset manager with c.£940million of assets under management, is pleased to note the appointment of Frank Sagnier as Non-executive Chair of portfolio company nDreams Limited. Frank Sagnier’s career in the video games industry spans more than 25 years, having most recently retired from Codemasters Group…
Apax X acquires EveryAction & Social Solutions
LONDON, UK: The Apax X Fund has signed a definitive agreement to acquire majority stakes in EveryAction, an omni-channel engagement platform for non-profits, and Social Solutions, a case management software provider of data-driven insights to non-profit and public sector customers. Apax X announced earlier its investment in CyberGrants in June. Both transactions are expected to…
IOG plc commitment to Net Zero from 2021
LONDON, UK: IOG plc, the UK gas company targeting growth and high returns via an infrastructure-led hub strategy, announced its completion of a comprehensive Emissions Assessment (EA), undertaken by its internal Environmental, Social and Governance (ESG) Taskforce in collaboration with Genesis. On the basis of the EA the Company has committed to Scope 1 &…
THG Plc to acquire Cult Beauty Limited for £275 million
LONDON, UK: THG Plc has agreed to acquire Cult Beauty Limited, the UK based online beauty retailer of prestige and emerging independent brands for a total consideration of £275 million, a news release said. Strategic Impact: · Cult Beauty’s portfolio of emerging and independent 3rd party brands is a compelling addition for THG Beauty, the…
Rolls-Royce selling Bergen engines business for €63 million
Rolls-Royce , Bergen engines business, Langley Holdings, Langley is funding the deal, together with working capital requirements for the Bergen business going forward, from existing cash reserves. The agreed sale of Bergen Engines is a part of our ongoing portfolio management to create a more focused group and follows a strategic review of Bergen Engines….
Ingenia acquires community on NSW South Coast
SYDNEY, AUSTRALIA: Ingenia Communities Group announced further expansion of the Group’s lifestyle and holidays business with the acquisition of an award-winning mixed-use community on the NSW South Coast. The acquisition further expands the Group’s presence in the popular South Coast tourist market, with a total of 10 communities in the region on completion of the…
Michael Ivanchenko appointed CEO of CV Check
SYDNEY, AUSTRALIA: CV Check Ltd announced that Mr Michael Ivanchenko has been appointed as Chief Executive Officer (CEO) of the Company. As previously communicated, this appointment has been a priority focus of the Board and comes following a comprehensive search and selection process. Mr Ivanchenko is an internationally experienced, highly capable executive with a record…
John Shuttleworth appointed CEO of Centrepoint Alliance
SYDNEY, AUSTRALIA: Centrepoint Alliance Limited announce the appointment of John Shuttleworth as Chief Executive Officer (CEO) effective 4 August 2021. It is expected that Mr Shuttleworth will join the Board in due course as the Managing Director. Mr Shuttleworth was previously General Manager of Platforms and Investments at BT Financial Group where he was responsible…