YORK, U.K: Abingdon Health plc, a leading international developer and manufacturer of high quality and effective rapid tests, has signed a manufacturing and supply agreement with Bioporto A/S (CPH: BIOPOR), an in vitro diagnostics company that provides tests and antibodies to clinicians and researchers around the world. Under the terms of the 10-year agreement, Abingdon…
HydrogenOne Capital Growth announces £250 million IPO on London Stock Exchange
LONDON, UK: HydrogenOne Capital Growth plc (HGEN) announced its intention to launch an initial public offering (IPO) and to admit its shares to the premium segment of the Official List of the Financial Conduct Authority and to trading on London Stock Exchange plc’s Main Market. HydrogenOne Capital Growth plc (HGEN) is targeting a raise of…
Kalidas Madhavpeddi appointed new Chairman of Glencore Plc
LONDON, UK: The board of Glencore Plc announced that Tony Hayward will retire as Chairman and Kalidas Madhavpeddi will be appointed as the new Chairman on 30 July. Tony Hayward was appointed to the Board at the time of the Company’s IPO in May 2011 and appointed as Chairman in 2013. Following consultation with the…
Cobra Resources appoints Rupert Verco as Chief Executive Officer
LONDON, UK: Cobra Resources Plc, the gold exploration company focused on the Wudinna Gold Project in South Australia, announced the appointment of Rupert Verco as Chief Executive Officer with effect from 12 July 2021. Rupert is a mining specialist with over 14 years’ experience in Australia and internationally focusing on areas including resource definition, reserve…
TEAM plc acquires JCAP Limited for £2.95 million
LONDON, UK: TEAM plc has acquired JCAP Limited, trading as JCAP Treasury Services, a leading Jersey based provider of cash management services, focused on improving the return and mitigating the risks associated with the management of cash for institutions, professional advisers, trustees and high net worth individuals. JCAP has over £1.3 billion in assets under…
Forward Partners Group announces intention to float on AIM of London Stock Exchange
LONDON, UK: Forward Partners Group, the London-based venture capital firm, announced its intention to seek admission of its shares to trading on AIM, a market of the London Stock Exchange. Founded in 2013, Forward Partners is a well-established and respected London-based venture capital firm, specialising in supporting high growth, early-stage technology businesses. It brings together…
Amur Minerals sells Carlo Holdings for $6.137 million
LONDON, UK: Amur Minerals Corporation, a nickel-copper sulphide mineral exploration and resource development company which possesses a wholly owned nickel sulphide asset located in the far east of Russia, announced the sale of its wholly-owned subsidiary Carlo Holdings Limited (CHL) for a cash consideration of US$6.137 million pursuant to a share sale agreement entered into…
Aalberts executes divestment programme
UTRECHT, NETHERLANDS: Aalberts N.V. has reached an agreement to divest 100% of the shares of Lasco Fittings, Inc., based in Brownsville (Tennessee, USA), generating an annual revenue of approximately USD 150 million with 575 FTE and Adex B.V., based in the Netherlands, generating an annual revenue of approximately EUR 10 million with 50 FTE. Both…
Toys“R”Us sells Chill Factor business to Character Promotions for $1.31 million
SYDNEY, AUSTRALIA: Toys“R”Us ANZ Limited (ASX: TOY) announced the sale of its Chill Factor business to Character Promotions Limited, a UK based toy manufacturer and distributor. The sale continues the strategic intent and transformation of the Company through an ongoing overhaul of product portfolios, including an increased focus on its e-commerce businesses Toys“R”Us, Babies“R”Us and…
Tabcorp Holdings to demerge Lotteries & Keno business creating two separate listed companies
SYDNEY, AUSTRALIA: Tabcorp Holdings Limited (Tabcorp) today announces that it intends to undertake a demerger of its Lotteries & Keno business. The decision to pursue a demerger follows the conclusion of a comprehensive strategic review of all relevant structural and ownership options to maximise value for shareholders, as announced on 29 March 2021. The demerger…
Consortium of infrastructure investors bid to acquire Sydney Airport
SYDNEY, AUSTRALIA: Sydney Airport has received an unsolicited, indicative, conditional and non-binding proposal from a consortium of infrastructure investors to acquire, by way of scheme of arrangement and trust scheme, 100% of the stapled securities in Sydney Airport at an indicative price of A$8.25 cash per stapled security. The consortium comprises IFM Investors (Nominees) Limited…
HomeCo Daily Needs REIT buys Town Centre Victoria Point in a $160 million deal
SYDNEY, AUSTRALIA: HomeCo Daily Needs REIT has announced acquisition of a 100% interest in Town Centre Victoria Point, QLD for a total purchase price of $160.0 million representing a fully leased yield of 4.75%. HDN Fund Portfolio Manager Paul Doherty said: “Opportunities to acquire an asset of this quality and scale are rare, particularly one…