Arizona Bidco Limited, a newly formed vehicle, wholly-owned, indirectly, by Averon Park Limited, reached agreement on the terms of a recommended acquisition of the entire issued and to be issued ordinary share capital of Foresight Sustainable Forestry Company Plc (FSFC) that the Averon Park Group does not already own. Under the terms of the acquisition,…
EP Corporate and J&T Capital agree to acquire International Distribution Services for £3.568 billion
LONDON, UK: A newly formed company owned indirectly EP Corporate Group and J&T Capital Partners reached agreement on the terms and conditions of a recommended cash offer for the entire issued, and to be issued, ordinary share capital of International Distribution Services plc (IDS), other than the IDS Shares owned or controlled by VESA Equity…
Bloomsbury Publishing has acquired Rowman & Littlefield Publishing for $83 million
LONDON, UK: Bloomsbury Publishing Plc (LSE: BMY), the leading independent publisher, announced the acquisition of The Rowman & Littlefield Publishing Group’s academic publishing business. It is the biggest acquisition by Bloomsbury to date, and significantly accelerates and strengthens Bloomsbury’s academic publishing in North America and Bloomsbury Digital Resources (BDR). The transaction is structured as a…
Australian Community Media proposes to be acquired by Southern Cross Media
SYDNEY: Southern Cross Media Group Limited (ASX: SXL) has recently been approached by Australian Community Media (ACM) with a proposal for Southern Cross to acquire assets of ACM. ACM’s proposal relates to a portfolio of 14 of its daily print and digital news publications, key regional/metro titles, and its agriculture division. The proposal is materially…
Newcastle-based Leazes Homes set to join Karbon Homes Group
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…