LONDON: Victoria Property Holdings Limited, a subsidiary of the Martin Property Group, is proposing a cash offer to acquire Ground Rents Income Fund plc (GRIO) following the rejection of three previous offers. Victoria Property closely monitored GRIO over the past year, seeing the company navigate wider residential market uncertainties. The Martin Property Group is a…
Zambia re-introduces 15% export duty on emeralds
LONDON: Gemfields has become aware that a new statutory instrument in Zambia dated 30 December 2024 and which came into effect on 1 January 2025 (S.I. No. 88 of 2024, the Customs and Excise (Precious Stones) (Export Duty) (Suspension) (Revocation) Order, 2024) has revoked the 2019 suspension of a 15% export duty on precious gemstones….
Paycor to be acquired by Paychex for $22.5 per share
LONDON: The Apax IX Fund announced that portfolio company Paycor HCM Inc. (Nasdaq: PYCR), a leading provider of human capital management (HCM) software, has entered into a definitive agreement with Paychex Inc. (Nasdaq: PAYX) to be acquired in an all-cash transaction for $22.50 per share. Including prior distributions, this transaction is expected to deliver a total…
GlobalData enhances M&A strategy with Deallus acquisition
LONDON: GlobalData Plc, a prominent data, analytics, and insights platform, has announced significant progress in its M&A strategy with the completion of its acquisition of Deallus, a market-leading competitive intelligence solutions provider specializing in the global life sciences sector. With a robust 20-year history, Deallus has amassed deep sector expertise, supporting clients across critical therapy…
Team Internet receives acquisition proposals from TowerBrook and Verdane
LONDON: The Board of Team Internet Group has confirmed the receipt of two separate acquisition proposals from TowerBrook Capital Partners (U.K.) LLP and Verdane Fund Manager AB. Both potential offerors are looking to acquire the entire issued and to-be-issued share capital of Team Internet Group. Each proposal values Team Internet shares at 125 pence in cash. Additionally,…
Rail Regulator orders HS1 Ltd to further lower charges for train operators
LONDON: The Office of Rail and Road announced today that it is directing HS1 Ltd to lower its charges for passenger and freight train operating companies to use the high speed rail line from London to the Channel Tunnel, from April 2025. The regulator’s decision, published in its Final Determination of HS1 Ltd’s spending plans…
CC Capital Partners offer to acquire Insignia Financial Ltd for A$4.3 per share
SYDNEY: Insignia Financial Ltd (ASX: IFL) announced on January 3 that it has received a confidential, non-binding, and indicative proposal from CC Capital Partners, LLC to acquire all shares in Insignia Financial through a scheme of arrangement. The proposal offers A$4.30 cash per share, adjusted for any dividends paid or payable post-proposal, with an alternative…
Regis Healthcare to acquire the business and assets of BodeWell Community Care
SYDNEY: Regis Healthcare Limited (ASX: REG) has entered into a binding agreement to acquire the business and assets of BodeWell Community Care, a privately owned home care operator providing Home Care Packages (HCP), Commonwealth Home Support Programme (CHSP), and private home care. Regis’ CEO Dr Linda Mellors said, “BodeWell is a well-regarded home care service…
How to buy audible books: A comprehensive guide
What are audible books? Audible books, often called audiobooks, are recorded readings of books or other written content. These recordings can be listened to on various devices like smartphones, tablets, computers, and dedicated e-readers. Audible books are a fantastic way to enjoy literature while multitasking, such as driving, working out, or simply relaxing. The format…
Sword Group commences 2028 business plan to achieve organic growth
PARIS: Sword Group announced the launch of its 2028 Business Plan, driven by the dedication of its employees, the loyalty of its customers, and the stability of its investors. Chairman and CEO Jacques Mottard shared the company’s clear strategic vision, which aims to turn challenges into opportunities for growth. Strategic Principles Sword’s management style emphasizes…
Coinsilium and Otomato collaborate to enhance digital asset trading strategies
LONDON: Coinsilium Group Limited (AQUIS: COIN, OTCQB: CINGF), a Web3 investor, advisor, and venture builder, announced a strategic collaboration with Otomato Inc., a pioneering Web3 technology platform specializing in autonomous agent-based solutions. This collaboration aims to leverage Otomato’s cutting-edge technologies to maximize the return potential of Coinsilium’s digital asset treasury holdings. The partnership comes at…
Roquefort Therapeutics signs term sheet for $10 million sale of subsidiary
LONDON: Roquefort Therapeutics (LSE:ROQ), a publicly traded biotech company, announced it has signed a term sheet for the sale of its wholly-owned subsidiary, Lyramid Pty Ltd, to Pleiades Pharma Limited. The proposed deal values Lyramid at a minimum of $10 million. Roquefort and Pleiades plan to finalize the transaction within 30 days. The agreement includes…