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…
Cannasouth to fully acquire it’s cultivation and manufacturing joint ventures for $4.5 million
WELLINGTON, NEW ZEALAND: Cannasouth Limited (NZX: CBD) has today entered into two conditional agreements to buy the balance of the shares that it does not already own in its cultivation and manufacturing joint venture businesses. Acquisition of outstanding shares in Cannasouth Cultivation Limited Cannasouth has entered into a conditional agreement with Aaron Craig and his…
New Zealand Overseas Investment Office okays a2MC acquisition of 75% interest in Mataura Valley Milk
AUCKLAND, NEW ZEALAND: The a2 Milk Company (a2MC) has received the consent of New Zealand Overseas Investment Office (OIO) to acquire a 75% interest in Mataura Valley Milk (MVM), a dairy nutrition business, located in Southland, New Zealand. Completion of the transaction is now to set to occur with effect from the end of July….
Kiwi Property launches green bond offer
AUCKLAND, NEW ZEALAND: Kiwi Property Group Limited is offering up to NZ$100 million (plus up to NZ$50 million of oversubscriptions) of seven-year fixed-rate senior secured green bonds to institutional and New Zealand retail investors, a news release said. The offer opens today and will be made pursuant to the Financial Markets Conduct Act 2013 as…
AXIA Coin to be listed on BitMart Exchange
NEW YORK: AXIA Coin (AXC) will be listed on BitMart Shooting Star on July 6, 2021. Eligible BitMart users can purchase AXC with 20% off in a 24-hour flash sale. For all BitMart users, the AXC/USDT will be officially available for trading on July 7, 2021. AXIA Coin is a global currency that aims to…
Jet2.com and Jet2holidays launch inaugural flight from Bristol Airport
LONDON, UK: Jet2.com and Jet2holidays launched inaugural flight from Bristol Airport on June 2nd, a news release said. The start of operations from Bristol Airport comes as the Balearic Islands (Majorca, Menorca and Ibiza) and Madeira were all added to the Green Travel List for customers travelling from England, Wales, Scotland and Northern Ireland. Following…