SYDNEY, AUSTRALIA: Benz Mining Corp. has completed the final payment of $1,725,000 to Fury Gold Mines Limited to acquire a 75% interest in three gold properties in Quebec: Eastmain Gold Project, Ruby Hill West and Ruby Hill East. The payment consisted of $1,350,000 in cash and 1,237,216 shares of Benz. The shares are subject to…
Intuitive Investments Group agrees to acquire Hui10 Inc. at a valuation of $365 million
LOPNDON, UK: Intuitive Investments Group plc (IIG) has agreed, at a valuation of $365 million, to acquire in the entire issued share capital of Hui10 Inc. in exchange for the issue of 1.911 billion new ordinary shares in Intuitive Investments Group to vendor shareholders of Hui10, a statement said. This investment is in accordance with…
Apax Funds acquire GAN Integrity
LONDON, UK: On 26 October 2023, the Apax Global Impact Fund (AGI), in which AGA is a limited partner, announced that it had acquired GAN Integrity, a leading provider of technology that enables proactive, integrated, real-time management and monitoring of third-party and employee risk, ethics and compliance. Founded in Denmark in 2004, GAN Integrity provides…
Intelligent Safety Electronics offers to acquire FireAngel Safety Technology for £27.68 million
LONDON, UK: Intelligent Safety Electronics (ISE) has agreed to acquire all shares of FireAngel Safety Technology Group not already owned or controlled by ISE at the rate of 7.40 pence per FireAngel Share. The offer values the total issued and to be issued share capital of FireAngel at approximately £27.68 million. ISE is a company…
Renew Holdings has acquired T.I.S. Cumbria for £4.7 million
LONDON, UK: Renew Holdings (AIM: RNWH), the leading Engineering Services Group supporting the maintenance and renewal of critical UK infrastructure, announced that it has acquired the entire issued share capital of T.I.S. Cumbria Ltd (“TIS”), for a total cash consideration of £4.7 million. Based in Cumbria, TIS is a leading nuclear manufacturing and fabrication specialist….
US tech platform Squeeze acquires UK start-up Youtility
LONDON: Squeeze, a US-based tech platform that helps consumers save on their recurring insurance contracts, has announced the acquisition of Youtility, a UK start-up that provides embedded home finance management services to banks and fintechs. The deal will create a new offering for UK consumers, who will be able to manage, track and take action…
TotalEnergies signs deal to acquire German company Quadra Energy
PARIS, FRANCE: TotalEnergies has signed agreements with the Aloys Wobben Foundation (AWS) to acquire the entire share capital of the German company Quadra Energy. Founded in 2012 and boasting a “virtual power plant” totaling 9 GW, Quadra Energy is one of the top 3 aggregators of renewable electricity production in Germany – the largest power…
Van Elle Holdings to acquire Rock and Alluvium Limited for £3.8 million
LONDON, UK: Van Elle Holdings plc (AIM: VANL), the UK’s largest ground engineering contractor, has agreed to acquire the entire issued share capital of Rock and Alluvium Limited, a leading UK based piling specialist, for a total consideration of up to £3.8m on a cash-free, debt-free basis, subject to completion accounts. Based in Leatherhead, Rock…
Pizza Express eyes rival bid for Wagamama owner, The Restaurant Group
LONDON: Pizza Express, the debt-laden restaurant chain, has asked for due diligence from The Restaurant Group PLC (TRG), the owner of Wagamama and other brands. This could lead to a rival offer for TRG, which has already agreed to a £500 million takeover by Apollo Global Management. Wheel Topco, the entity that controls Pizza Express,…
First Class Metals gets permits for two key properties in Ontario
SYDNEY, AUSTRALIA: First Class Metals PLC, a UK-listed metals exploration company, has obtained two Exploration Permits for its North Hemlo and Esa properties in the Hemlo area of Ontario, Canada. The permits are valid for three years and will enable the company to conduct various exploration activities, including drilling, stripping, and trenching. The company’s goal…
hipages Group to sell 19.5% in PropTech Labs to Home Trades Hub Australia for $8.4 million
SYDNEY, AUSTRALIA: hipages Group Holdings (ASX: HPG), Australia and New Zealand’s largest online tradie marketplace and Software-as-a-Service (SaaS) provider, signed an agreement with Home Trades Hub Australia (HTHA) to divest its 19.5% stake in PropTech Labs for $8.4 million. Home Trades Hub Australia (HTHA) is a subsidiary of Royal Automobile Club of Victoria (RACV). PropTech…
Payoneer and Etsy partner to support sellers in emerging markets
NEW YORK: Payoneer, a fintech company that helps SMBs transact and grow globally, announced a collaboration with Etsy, a global online marketplace for unique and creative goods, to support its seller offering, Etsy Payments. The collaboration will enable Etsy to streamline payments to sellers and create economic opportunities for more entrepreneurs in emerging markets. Etsy…