LONDON: Oneiro Energy plc (LSE:ONE), the LSE-quoted Company focussed on energy transition, has agreed in principle to acquire the exploration activities of Switch Metals, a Mauritian private investment company focused on battery minerals and technology metals. Oneiro Energy and Switch have agreed heads of terms (HoT) for Oneiro to acquire Switch’s wholly owned Côte d’Ivoire…
Accel-KKR signs deed to acquire K2fly Limited for $38 million
SYDNEY: K2fly Limited (ASX:K2F) has entered into a binding Scheme Implementation Deed (SID) with Argyle Bidco Pty Limited, a wholly owned subsidiary of Accel-KKR Company, under which Accel-KKR will acquire 100% of the shares in K2fly by way for $0.19 cash per share valuing K2fly at $38 million. K2fly’s Chief Executive Officer, Nic Pollock, said:…
Avacta Group appoints Shaun Chilton as non-executive chairman
LONDON: Avacta Group plc (AIM: AVCT), a life sciences company developing innovative, targeted cancer treatments and powerful diagnostics, announced that Shaun Chilton has been appointed Non-Executive Chairman replacing Eliot Forster, who is also stepping down from the Board. The changes will occur with immediate effect. Shaun Chilton has served as a Non-Executive Director at Avacta…
Helix Exploration acquires Rudyard Project in Montana
Helix Exploration,helium deposits, Montana Helium Fairway, has acquired a 100% working interest in 5,600 acres in Hill County, Montana,
Savannah Resources announces comprehensive partnership with AMG Critical Minerals
LONDON: Savannah Resources Plc, the developer of the Barroso Lithium Project in Portugal, Europe’s largest spodumene lithium deposit, has entered a strategic partnership with the AMG Critical Materials N.V. Group, the Amsterdam-listed, global critical materials business. AMG’s wholly owned German subsidiary, AMG Lithium B.V., an established spodumene concentrate producer and, in the second half of 2024,…
Energean plc sells portfolio in Egypt, Italy and Croatia to Carlyle for $820 million
Energean plc will sell its portfolio in Egypt, Italy and Croatia to an entity controlled by Carlyle International Energy Partners
Tate & Lyle signs deal to acquire the entire CP Kelco for $1.8 billion
Tate & Lyle signs agreement to acquire the entire issued share capital of CP Kelco U.S.; CP Kelco China; and CP Kelco ApS
Bridgepoint makes final offer to acquire Alpha FMC for £626 million
LONDON: Bridgepoint Fund managed by Bridgepoint Advisers Limited (BAL) has reached agreement on the terms of a recommended cash offer to acquire the entire issued and to be issued ordinary share capital of Alpha FMC. Alpha FMC independent shareholders will be entitled to receive 505 pence in cash/share valuing the entire issued and to be…
NatWest Group to acquire businesses of Sainsbury’s Bank
LONDON: J Sainsbury PLC has entered into an agreement for the sale of Sainsbury’s Bank plc’s personal loan, credit card and retail deposit portfolios to NatWest Group, one of the UK’s leading banks. “We expect the Transaction to complete in the first half of calendar year 2025,” a press release noted. This Transaction does not…
Syncona Ltd adds iOnctura and Yellowstone Biosciences to it’s portfolio
LONDON: Syncona Ltd has added two new companies to its portfolio, iOnctura and Yellowstone Biosciences. Syncona has invested €30 million (£25.7 million) in iOnctura, an innovative, clinical-stage, small molecule company combating neglected and hard-to-treat cancers, and launched Yellowstone, a new oncology company pioneering soluble bispecific T-cell receptor (TCR)-based therapies, with a £16.5 million commitment. iOnctura…
Candy Club Holdings signs deed to acquire Scalare Partners Pty Ltd
SYDNEY: Candy Club Holdings Limited (ASX: CLB) and Scalare Partners Pty Ltd have entered into a Merger Implementation Deed and a Share Sale Deed to facilitate the proposed acquisition of 100% of Scalare by CLB and related capital raising. Subject to completion of the Transaction, the consideration payable by CLB for 100% of the ordinary…
Olam Agri Holding’s proposed acquisition of Namoi Cotton raises concerns
SYDNEY: The ACCC has published a Statement of Issues outlining preliminary competition concerns with Olam Agri Holding’s proposed acquisition of Namoi Cotton Ltd (ASX: NAM). Olam, through its wholly owned subsidiary, Queensland Cotton, and Namoi both supply cotton ginning, cotton lint classing, logistics and warehousing services in Australia. Both Olam and Namoi also engage in…