SYDNEY, AUSTRALIA: Stockland Corporation has entered into binding agreements to acquire Queensland based Halcyon Group’s land lease communities business for $620 million plus transaction costs and subject to certain adjustments at completion, a news release said. The transaction includes the acquisition of 3,800 sites across13 land lease communities, made up of six established land lease…
EV revolution in UK: Green Lithium produces first battery-grade lithium
LONDON, UK: Green Lithium announced the successful production of its first battery-grade lithium hydroxide product. This will enable Green Lithium to support the manufacture of batteries for more than a million electric vehicles a year from its refinery, the UK’s first large-scale merchant lithium refinery. This is a significant development in the company’s journey, it…
Digital Wine Ventures Limited to acquire Parton Wine Group
SYDNEY, AUSTRALIA: Digital Wine Ventures Limited has entered into an agreement to acquire 100% of the Parton Wine Group (PWG), a news release said. Established in 2007PWG has grown organically over the last 14 years to become one of Australia’s largest specialist wine and beverage logistics providers. With operations in Sydney, Melbourne and Perth, PWG…
Top Blokes team member competes for the UK in Intel World Open
LONDON, UK: Semper Fortis Esports, the esports company focused on establishing esports teams, announced that Archie Pickthall, a member of its Top Blokes team, recently competed for Team Great Britain in their Rocket League roster as part of a team of 3 in the Intel World Open. Team GB finished in 3rd place. The Intel…
Imfinzi approved in China for extensive-stage SCLC
LONDON, UK: AstraZeneca‘s Imfinzi (durvalumab) has been approved in China for the 1st-line treatment of adult patients with extensive-stage small cell lung cancer (ES-SCLC), in combination with standard of care platinum chemotherapy (etoposide plus a choice of either carboplatin or cisplatin). The approval by China’s National Medical Products Administration was based on positive results from the CASPIAN…
Newbury Racecourse moves to Apex segment of the AQSE Growth Market
LONDON, UK: Newbury Racecourse has met the eligibility criteria to join the Apex segment of the AQSE growth Market. The Apex segment caters for larger, more established businesses and applies additional eligibility criteria to encourage greater transparency and liquidity. Julian Thick, Chief Executive of Newbury Racecourse PLC said: “We are delighted that we are now…
Aker Solutions awarded major offshore wind contract
OSLO, NORWAY: Aker Solutions, as part of a consortium, has signed a major EPCI contract with an undisclosed customer to provide the HVDC (high-voltage, direct current) transmission system for a large offshore wind project. Aker Solutions defines a major contract as being NOK 3.0 billion and above. More details about the project is expected to…
Vow ASA awarded Euro 22.2 million serial cruise newbuild contracts
OSLO, NORWAY: Vow ASA has through its subsidiary Scanship AS been awarded 10 contracts for its clean ship systems for up to 10 cruise ships, where 4 contracts are firm orders at a total value of Euro 8.8 million and 6 contracts are optional contracts at a total value of Euro13.3 million. Each contract includes…
Genetic Technologies acquires EasyDNA for $4.0 million
MELBOURNE, AUSTRALIA: Genetic Technologies Limited (GTG) has entered into an agreement to acquire the direct-to-consumer eCommerce business and distribution rights associated with General Genetics Corporation and its associated brands trading as EasyDNA from Belhealth Investment Fund LP for $4 million. Highlights: •Strategically, this Direct-to-Consumer acquisition provides Genetic Technologies the foundation to grow its portfolio of…
Itaconix plc notifies removal of US securities law restrictions
LONDON, UK: Itaconix Plc announced the removal of restrictive legends on the Company’s ordinary shares issued to certain US persons in 2016, 2018, and 2020. The restrictive legends were applied at the time of issuance of these Ordinary Shares pursuant to applicable US securities laws. The Company is making this announcement to facilitate the ability…
Palace Capital continues disposal programme with Weybridge sale
LONDON, UK: Palace Capital, the property investment company that has a diversified portfolio of UK commercial real estate, has completed the sale of Bridge House, High Street in Weybridge, Surrey as part of its £30 million programme of non-core disposals. The asset is unencumbered and therefore the net proceeds of the £3.7 million sale, which…
Derwent London sells Angel Square to Tishman Speyer for £86.5 million
LONDON, UK: Derwent London has exchanged contracts to sell its 126,200 sq ft freehold interest in Angel Square, Islington to Tishman Speyer. The disposal price is £86.5m before costs. Angel Square consists of three multi-let connected buildings around a central courtyard and was acquired in November 2014. Following a light touch refurbishment, the bulk of…