LONDON, UK: Oracle Power PLC announced the appointment of Mr. Edward Mead as Exploration Manager for Oracle’s Western Australian gold projects. Mr. Mead is a qualified geologist with more than 25 years’ experience in gold and base metals exploration, mine development and mine production. He has worked in a wide range of geological settings and…
Mutares receives a put option to sell Norsilk to Protac
MUNICH: Mutares SE & Co. has received a put option for the sale of Norsilk to Protac, part of Groupe Rose, a news release said. If this option is accepted after the opinion of the works council, the closing of the transaction could occur during the third quarter of 2021. Norsilk was acquired from the…
IGO Limited signs A$45 million deal with Creasy Group
SYDNEY, AUSTRALIA: IGO Limited has entered into a binding agreement with entities owned and controlled by Mark Creasy (Creasy Group) to (i) acquire 100% of the Silver Knight nickel-copper-cobalt sulphide deposit (Silver Knight), and (ii) form a joint venture with Creasy Group (IGO 65% : Creasy Group 35%) over a portfolio of exploration tenements around…
Nokia and EDC partner to advance Canada’s 5G contributions
OTTAWA: Nokia and Export Development Canada (EDC) today announced an expanded global partnership aimed at investments in 5G and the next generation network infrastructure for global deployment. EDC, a Crown corporation dedicated to helping Canadian companies of all sizes succeed on the world stage, will deploy a full suite of finance and insurance solutions to…
ITV buys minority stake in Live Tech Games
LONDON, UK: ITV Plc has agreed to invest £2.5 million in cash for a minority shareholding in Live Tech Games Ltd, a news release said. Live Tech Games is pioneering a new wave of mobile entertainment, creating live, player-vs-player, accessible, short-form games and transforming them into rewarding nationwide experiences on your mobile phone. The company…
Aon and Willis Towers Watson mutually agree to terminate combination agreement
DUBLIN, IRELAND: Aon plc and Willis Towers Watson announced that the firms have agreed to terminate their business combination agreement and end litigation with the U.S. Department of Justice (DOJ). The proposed combination was first announced on March 9, 2020. “Despite regulatory momentum around the world, including the recent approval of our combination by the…
S-Ventures acquires Pulsin Limited in a £7.5 million deal
LONDON, UK: S-Ventures PLC has acquired 100% of the share capital of Pulsin Limited, a well-established and highly respected plant-based nutrition company, excelling in plant-based nutrition technology, manufacturing and sales. An expert in its field, Pulsin formulates and produces high quality plant-based products under its own brands as well as for third parties, many of…
Artefact to sell controlling stake to Ardian Expansion for EUR 138.84 million
PARIS, FRANCE: The shareholders of Artefact entered into exclusive negotiations regarding a potential acquisition by Ardian Expansion of 17.811 million ordinary shares (controlling block), representing 52.09% of the share capital and 52.09% of voting rights of Artefact, for a price of 7.8 euros per ordinary share, a news release said. As part of the acquisition…
Gresham House secures Australian forestry mandate
LONDON, UK: Gresham House will be appointed as asset manager for a 24,800-hectare Australian forestry investment, Green Triangle Forest Products (GTFP), which AXA IM Alts has agreed to acquire, subject to regulatory approval, on behalf of clients. Gresham House also acted as the advisor for AXA IM Alts in relation to this transaction. The appointment…
TotalEnergies signs renewable power purchase agreement with Air Liquide
PARIS, FRANCE: TotalEnergies, through Lampiris, its energy supply affiliate in Belgium, signed a Corporate Power Purchase Agreement with Air Liquide. TotalEnergies will supply 50 GWh per year of renewable electricity over a period of 15 years. Air Liquide will use this renewable energy to power some of its industrial and medical gas production sites in…
Octopus Renewables to buy 250MW solar sites in Ireland for £125 million
LONDON, UK: Octopus Renewables Infrastructure Trust has agreed to acquire a portfolio of solar PV sites in Ireland from Statkraft Ireland Limited, a news release said. The portfolio consists of five sites near Dublin, Ireland that are expected to have an installed capacity of up to 250MW. These assets form part of the pipeline assets…
Kanabo Group signs term sheet to acquire Materia’s European businesses
LONDON, UK: Kanabo Group Plc signed a non-binding term sheet with 11157353 Canada Corp, which trades under the name of Materia, to acquire Materia’s European businesses, a news release said. The acquisition is to be fully satisfied through the issue of Kanabo shares. As part of the Proposed Transaction, Kanabo will also make a loan…