LONDON: Springfield Properties plc (AIM: SPR), a leading housebuilder in Scotland focused on delivering private and affordable housing, announces that it has signed a new contract, worth £6.3m, with the Wheatley Group for the delivery of affordable housing. Construction will commence immediately and is expected to complete by October 2025, with the majority of the…
Brookfield and partners negotiate to purchase 53.32% in Neoen at 39.85 euros/share
PARIS: Brookfield (NYSE: BAM, TSX: BAM), together with its institutional partners including Brookfield Renewable and Temasek, through a special purpose vehicle exclusively controlled by Brookfield, has entered into exclusive negotiations to purchase a 53.32% shareholding in Neoen, a leading global renewable energy developer headquartered in France, from Impala, the Fonds Stratégique de Participations (FSP), Cartusia…
Poujoulat SA has acquired 80% of Convesa
PARIS, FRANCE: Poujoulat SA has acquired 80% of the capital of Convesa, one of the top three Spanish manufacturers of metallic chimney flues. This strategic acquisition allows the Poujoulat Group to significantly increase its international presence. Founded 50 years ago, Convesa has become a significant player in the market for modular metallic chimney flues. Convesa…
LondonMetric Property streamlines portfolio with strategic sales and acquisitions
LONDON: LondonMetric Property Plc has successfully divested seven properties for a total of £31.3 million, achieving a 7.0% net initial yield (NIY) and securing a 3% profit above book values. The transaction included the sale of non-core LXi REIT assets valued at £18.3 million, which fetched a 5% premium over book values. The sold assets…
Insig AI has acquired a 5.45% equity interest in ImpactScope OÜ
LONDON: Insig AI, the data science and machine learning business, has acquired a 5.45% equity interest in ImpactScope OÜ. ImpactScope is an award-winning European impact-focused AI and blockchain company, registered in Estonia. The consideration is through the issue of 900,000 ordinary shares of shares of 1 pence each in the Company at a price of…
JCDecaux sells part of its stake in APG|SGA to NZZ
PARIS: JCDecaux SE (Euronext Paris: DEC), the number one outdoor advertising company worldwide, announces that it has concluded an agreement to sell part of its stake in APG|SGA, the leading out-of-home media company in Switzerland, to NZZ a leading Swiss press group who will become the first shareholder of the company. The transaction is expected…
Renewi announces sale of UK Municipal business to Biffa
LONDON, UK: Renewi plc (LSE: RWI.L), a leading European waste-to-product company, has entered into a binding agreement to sell UK Municipal operations to Biffa Limited, a leading UK-wide integrated waste management business. Renewi’s CEO, Otto de Bont: “The sale of UK Municipal to Biffa is a transformational milestone which marks the beginning of a new…
Software Circle has acquired Be The Brand Experience Limited for £3.5m
LONDON, UK: Software Circle plc (AIM: SFT) has acquired the entire issued share capital of Be The Brand Experience Limited, based in Hackney, London. Be The Brand is a provider of marketing compliance and digital asset management workflow solutions for businesses providing financial services. The total consideration of £3.5m will be satisfied in cash and…
Chargeurs PCC Fashion Technologies to acquire business units of Swiss company Cilander
PARIS, FRANCE: Chargeurs PCC Fashion Technologies has signed a binding agreement to acquire two strategic business units of the Swiss company Cilander, much renowned worldwide for its expertise in the supply of high-end textile fabrics and finishing services for complex textiles used in a wide range of applications. The project includes the acquisition of the…
PlayStation State of Play Returns with Exciting Announcements!
The gaming community has been buzzing with anticipation, and now we have official confirmation: PlayStation is hosting a State of Play event! As the month of May draws to a close, gamers can look forward to a showcase featuring a lineup of thrilling titles for both the PS5 and the upcoming PS VR2. Here’s what…
Saudi Arabia’s low-cost airline, flyadeal orders 51 aircraft in landmark Airbus deal
RIYADH, KSA: flyadeal, one of the youngest and fastest growing low-cost airlines in the Kingdom of Saudi Arabia and the Middle East, today announced a landmark order for 51 narrowbody Airbus aircraft to fuel the next phase of its expansion plans. The historic agreement for 12 Airbus A320neos and 39 bigger capacity A321neos was signed…
Auryn Mining Chile SpA enters financing agreement with Strategic Investments S.A.C.
SANTIAGO, CHILE: Auryn Mining Corporation (OTC: AUMC) Chilean subsidiary, Auryn Mining Chile SpA has entered into a financing agreement with Strategic Investments S.A.C., valued at up to $4 million. This infusion of capital is crucial for the construction and operational launch of a 100-ton per day flotation plant, with production slated to commence in the…