LONDON: The green light has been given for affordable housing provider Leazes Homes to join the Karbon Homes Group as a subsidiary. Both Leazes’ and Karbon’s boards gave their approval to the partnership this week, after considering customer and colleague feedback and due diligence checks. It will see Karbon provide management services for Leazes’ 759…
Aberforth Geared Value & Income Trust plc announces IPO, offer for subscription
LONDON: Aberforth Geared Value & Income Trust plc (AGVIT) has recently published a prospectus regarding the issuance of ordinary shares and zero dividend preference shares. AGVIT is involved in a scheme of reconstruction and members’ voluntary winding up of Aberforth Split Level Income Trust plc (ASLIT) under the Insolvency Act. As part of this scheme,…
Intelligent Monitoring Group to acquire Everjazz and ACG Integration
AYSDNEY, AUSTRALIA: Intelligent Monitoring Group Limited (IMG) entered into binding sale and purchase agreements to acquire two key entities: Everjazz Pty Limited (also known as the “Alarm Assets Group” or “AAG”) and ACG Integration Pty Ltd (ACG). IMG will acquire all the shares in AAG and ACG from separate private vendors. The cash consideration for…
Net Savings Link signs intent to acquire DiVinciPay Corp
Net Savings Link Inc. (OTC: NSAV), a cryptocurrency, blockchain and digital asset technology company, announced today that it has signed a Letter of Intent (LOI) to acquire DiVinciPay Corp, an innovator in digital payment technology. This strategic acquisition would signify a major expansion for NSAV, enhancing its capabilities within the digital finance ecosystem by integrating…
Eurazeo, Goldman Sachs, BPI France, and Iris Capital sell LumApps to Bridgepoint
PARIS: Eurazeo and its partners Goldman Sachs, BPI France, and Iris Capital, have signed agreements for the sale to Bridgepoint of their respective stakes in LumApps, the leading Employee Experience platform for businesses. Eurazeo has been supporting Lumapps since 2017, with successive reinvestments in 2018 and 2019 that have helped finance its international development and…
Edenred has acquired Spirii and deploys solution in France and Germany
PARIS, FRANCE: Edenred has succesfully finalized the acquisition of Spirii, a leading European SaaS provider specializing in electric vehicle (EV) charging solutions. This strategic move, first announced on February 27, 20241, enables Edenred to enhance its service offerings in France and Germany starting late May 2024, integrating Spirii’s proprietary technology to deliver comprehensive EV charging…
ABN AMRO agrees to acquire Hauck Aufhäuser Lampe (HAL) for EUR 672 million
AMSTERDAM: Today, ABN AMRO announces it has reached an agreement with Fosun International to acquire Hauck Aufhäuser Lampe (HAL), a leading German private bank. ABN AMRO has agreed to purchase HAL from Fosun International for a consideration based on HAL’s shareholders equity as of the closing date. ABN AMRO will pay EUR 672 million at…
SGN’s CEO Mark Wild to lead HS2
LONDON: Scotland Gas Networks (SGN)’s Chief Executive Mark Wild has been appointed to lead Europe’s biggest infrastructure project HS2. Mark has been asked to take on the role given his unique skillset having previously delivered Crossrail and the successful opening of the Elizabeth Line. SGN’s Chairman Nick Salmon said: “We are immensely grateful to Mark…
TotalEnergies advances offshore Brazil oil production with new FPSO units
PARIS: In a significant move to expand its oil production capabilities, TotalEnergies, in collaboration with Petrobras and other partners, has announced the Final Investment Decision (FID) for the second phase of development at the Atapu and Sépia fields in Brazil’s Santos Basin. The Atapu field, operational since 2020, is set to receive an additional Floating…
Chariot Limited announces gas discovery at OBA-1 Well
LONDON: Chariot Limited (AIM: CHAR), the Africa focused transitional energy group, announced the results from the drilling of the OBA-1 well on the Dartois prospect, the second of a two well drilling campaign, in the Loukos Onshore licence (“Loukos”) onshore Morocco (Chariot, Operator 75%, ONHYM, 25%). · OBA-1 well was safely and efficiently drilled, on…
TomCo Energy CEO John Potter passes away
LONDON: TomCo Energy plc (AIM: TOM), the US operating oil development group focused on using innovative technology to unlock unconventional hydrocarbon resources, announced with deep shock and sadness the sudden death of John Potter, Chief Executive Officer. John, who was 54, passed away suddenly on Friday 24 May 2024. John joined TomCo as Chief Executive…
Oakley Capital invests in ProductLife Group
LONDON, UK: Oakley Capital, a leading pan-European private equity investor, announced that Oakley Capital Fund V is investing in ProductLife Group, a European provider of outsourced development, regulatory and compliance services to the global life sciences industry. OCI’s indirect contribution via Fund V is anticipated to be c.£41 million, which relates to OCI’s share of…