LONDON: Ascent Resources Plc (LON: AST) has made an investment into a private US holding company, GNG Partners LLC, that has been formed to acquire onshore US midstream gas distribution and processing facilities which includes helium purification and liquefaction. This is the first shaping move for Ascent Resources following a period of deal origination /…
Kistos Plc has acquired EDF Energy (Gas Storage) for £25 million
LONDON: Kistos Plc (LSE: KIST) has announced the successful acquisition of EDF Energy (Gas Storage) Limited, a subsidiary of EDF Energy (Thermal Generation) Limited. The deal, valued at £25 million, was finalized following the initial announcement on February 20, 2024, and marks Kistos’s foray into the gas storage sector. The acquisition includes two key onshore…
JD Sports Fashion signs deal to acquire Hibbett Inc. for $1.08 billion
LONDON, UK: JD Sports Fashion Plc, the leading global retailer of sports, fashion and outdoor brands, has signed an agreement to acquire Hibbett Inc., a company listed on the Nasdaq, for a price of $87.50 per share in cash, implying an equity value of $1,083 million and an enterprise value of $1,109 million. Régis Schultz,…
TotalEnergies to acquire remaining 50% in SapuraOMV for $530 million
PARIS: TotalEnergies (NYSE:TTE) has signed an agreement with Sapura Upstream Assets Sdn Bhd (SUA) to acquire its 50% interest in Malaysian independent gas producer and operator SapuraOMV Upstream Sdn (SapuraOMV) for a consideration of $530 million, subject to closing adjustments. Closing is expected in the second half of 2024. This agreement follows a first agreement…
Cobra Resources secures total control of Wudinna Project
LONDON: Cobra Resources, listed on the London Stock Exchange as COBR, has reached a significant milestone in its operations at the Wudinna Project in South Australia. The company has announced with pleasure that all the conditions precedent to the Wudinna Sale Agreement with Andromeda Metals, traded on the Australian Securities Exchange as ADN, have been…
Made Tech awarded £19.5m new contract with DLUHC
LONDON: Made Tech Group, a leading provider of digital, data and technology services to the UK public sector, has been awarded a new contract with The Department for Levelling Up, Housing & Communities (“DLUHC”), worth up to £19.5 million revenue to the Group over a 24 month period with a 12 month extension option. Made…
Moody’s upgrades rating of Helios Towers
LONDON: Helios Towers plc, the independent telecommunications infrastructure company, announced Moody’s Investors Service has upgraded the Company’s long-term corporate family rating from B2 to B1 with a stable outlook. The rating on Helios Towers’ 7.000% Senior Notes due 2025 was also upgraded as part of the rating action to B1. The positive rating action reflects…
Top pharmaceutical company evaluates Optimer for precision liver medicine
LONDON: Aptamer Group plc (AIM: APTA), the developer of novel Optimer binders to enable innovation in the life sciences industry, today announces that its Optimer binder against cells associated with fibrotic liver disease, developed for targeted delivery of therapeutic payloads to fibrotic liver disease, has been shipped to a top 15 pharmaceutical company for evaluation…
Sarah Sanderson appointed Managing Director of The Lawyer
LONDON: Centaur Media, an international provider of business intelligence, learning and specialist consultancy, announced the appointment of Sarah Sanderson as Managing Director of The Lawyer, who will be joining the business on 1 May. Sarah will replace Jane Wilkinson, who will leave Centaur on 26 April to pursue a portfolio career. In her role as…
CleanTech Lithium secures full ownership of Laguna Verde Licences, eyes ASX listing
LONDON, UK: CleanTech Lithium PLC, a prominent exploration and development company, has announced the completion of its acquisition of 23 Laguna Verde licences, solidifying its full ownership and control over the entire 108 mining licences of the Laguna Verde project in Chile. This strategic acquisition, initially detailed in the company’s AIM Admission Document on March…
Blackstone Group proposes enhanced takeover bid of $1.24/share for Hipgnosis
LONDON, UK: Blackstone Group has put forth a lucrative fourth proposal to acquire Hipgnosis, offering $1.24 per share in cash. This offer, termed the “Fourth Proposal,” represents a significant increase from the previous $1.16 per share bid by Concord Chorus. Should Blackstone proceed with a firm intention to make an offer under Rule 2.7 of…
Energy Fuels Inc to acquire Base Resources Limited in a A$375 million deal
SYDNEY, AUSTRALIA: Energy Fuels Inc., a leading uranium and critical minerals producer in the United States, has announced a definitive agreement to acquire all issued shares of Base Resources Limited. This strategic acquisition is poised to create a global powerhouse in the critical minerals sector, with an emphasis on rare earth elements, uranium, and heavy…