LONDON, UK: IQE plc, the leading global supplier of advanced semiconductor wafer products and material solutions to the semiconductor industry, announced the appointment of Victoria Hull as Non-Executive Director, effective from 1 August 2021. She will also become Chair of IQE’s Remuneration Committee following Sir David Grant’s retirement in September. An experienced Non-Executive Director, Victoria…
SEC Newgate buys majority stake in Twister Communications Middle East
LONDON, UK: SEC Newgate S.p.A. has acquired a 70% shareholding in Twister Communications Middle East, the Dubai-based branch of Italian PR firm Twister Communications Group. The acquisition is in line with the Group’s Strategic Plan 2021/2023 for expansion in key strategic markets, including Middle East. Twister ME, which will be rebranded SEC Newgate ME, has…
Marlowe buys Barbour EHS from Informa Plc for £32 million
LONDON, UK: Marlowe plc has acquired Barbour Environment, Health and Safety (Barbour EHS) from Informa plc for a net cash consideration of £32 million. Headquartered in London and established in 1957 as a print-based regulatory catalogue, Barbour EHS has evolved into a leading regulatory SaaS platform, providing data, information and insights to more than 1,000…
Creightons plc acquires Emma Hardie in a £6.36 million deal
LONDON, UK: Creightons plc has acquired the entire share capital of Emma Hardie Limited including the Emma Hardie skincare brand. Emma Hardie Limited sells products under the Emma Hardie Skincare brand and prides itself on creating natural, cruelty-free, innovative products. Founded in September 2009, Emma Hardie Skincare has become an international, independent skincare brand with…
Lloyds Banking Group to acquire Embark Group for £390 million
LONDON, UK: Lloyds Banking Group intends to acquire the Embark Group, a fast growing investment and retirement platform business, a news release said. A consideration of c.£390 million will be paid for the entire share capital of Embark upon completion. The transaction is expected to have a c.30 basis points impact on Group CET1 capital…
Anglo American to return an additional $2 billion to shareholders
LONDON, UK: Anglo American plc announced its intention to return an additional $2 billion to its shareholders through an on-market irrevocable and non-discretionary share buyback programme of $1 billion and a special dividend of $0.80 per ordinary share, equal to $1 billion. Mark Cutifani, Chief Executive of Anglo American, said: “We entered this period of…
ArcelorMittal announces new $2.2 billion share buyback program
AMSTERDAM, NETHERLANDS: ArcelorMittal has announced a new share buyback program in the amount of $2.2 billion under the authorization given by the annual general meeting of shareholders held on 8 June 2021. Company will return the proceeds from the redeemed Cleveland Cliffs preference shares and advance a part of its prospective 2022 capital return to…
New Zealand Rural Land Company will acquire dairy farm for $12 million
AUCKLAND, NEW ZEALAND: New Zealand Rural Land Company will on 2 August 2021 acquire a 500ha dairy farm located in South Canterbury (Makikihi Farm) for $12 million. The purchase price will be funded from cash on hand and a drawing under NZL’s revolving credit facility with Rabobank. As detailed in the notice of meeting dated…
Johns Lyng Group acquires Steamatic Australia for $10.8 million
SYDNEY, AUSTRALIA: Johns Lyng Group has acquired a 60% controlling equity interest in Steamatic Australia – a leading national restoration services company, effective 1 July 2021. The deal consolidates Johns Lyng’s position as a national market leader in restoration services and represents natural progression of the Group’s global expansion strategy following the acquisition of the…
StorageVault Canada buys two stores in GTA for $8.15mn
TORONTO: StorageVault Canada Inc. has completed the acquisition of two stores in the GTA from two vendor groups, for an aggregate purchase price of $8.15 million, a news release said. The acquisitions were arm’s length transactions. The purchase price for the Acquisitions, subject to customary adjustments, was paid by the issuance of 447,385 common shares…
AXIA Capital Bank plans expansion to Asia-Pacific region
ROAD TOWN, BRITISH VIRGIN ISLANDS: AXIA Capital Bank has announced its plan to bring its banking services to Asia-Pacific. The platform will be offered through AXIA Capital Bank Asia-Pacific, the bank division that specializes in emerging markets. This expansion will deliver the combined benefits of blockchain technology and digital banking to one of the fastest…
Aquiline Capital Partners acquires telemedicine services, Avera eCare
Sioux Falls, S.D.: Avera Health announced Aquiline Capital Partners has acquired its telemedicine services, Avera eCare. Aquiline Capital is a private investment firm based in New York and London with $6.4 billion in assets under management. As part of the acquisition, Aquiline will execute the carve-out of Avera eCare and rename the company Avel eCare….