LONDON: STM Group Plc, the cross-border financial services provider, has this week signed a credit facility with Royal Bank of Scotland (International) Limited (RBSI), to support its M&A growth strategy. The credit facility is for £5.5m, is to be used purely for acquisitions, and is expected to be drawn down in line with acquisition milestones…
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Bragg Gaming Group signs $12.5 million bought deal public offering
TORONTO: A syndicate of underwriters co-led by Cormark Securities Inc. and Canaccord Genuity Corp. has agreed to purchase 17.86 units from the treasury of Bragg Gaming Group Inc., at a price of $0.70 per unit and offer them to the public by way of short form prospectus for total gross proceeds of approximately $12.5 million….
Macquarie Group Limited
Macquarie Group Limited (/məˈkwɔːri/) is an Australian multinational independent investment bank and financial services company. Headquartered and listed in Australia (ASX: MQG), Macquarie employs more than 14,000 staff in 25 countries, is the world’s largest infrastructure asset manager and Australia’s top ranked mergers and acquisitions adviser, with more than A$495 billion in assets under management….
Westpac Group selling its 10.7 percent stake in Zip Co Limited
SYDNEY: Westpac Group has announced it will be selling its 10.7% stake in Zip Co Limited by way of a fully underwritten book build to institutional investors domiciled in Australia and other relevant jurisdictions. The offer price for the shares is $6.65 per share, which equates to a discount of 6.07% to Zip’s last closing…
Frasers Group acquires Dave Whelan Sports for £37 million
LONDON: Frasers Group announced the acquisition of certain of the assets of Dave Whelan Sports Limited (DW) from the administrators of DW for an initial cash consideration of £37 million. Pursuant to the Transaction, the Company has acquired certain of the assets relating to DW’s gym and fitness business, including certain stock but excluding the…
Frasers Group plc
Frasers Group plc, formerly Sports Direct International plc, is a British retailing group. Established in 1982 by Mike Ashley, the company is the United Kingdom’s largest sports-goods retailer and operates roughly 670 stores worldwide. The company owns many sporting brands and trades predominantly under the SportsDirect.com brand. Other retailers owned by the company include House…
Azure Minerals to acquire high quality gold and nickel projects from Creasy Group
PERTH: Azure Minerals Limited has entered into two Tenement Sale and Exploration Joint Venture Agreements with entities controlled by prominent mining prospector Mr Mark Creasy (Creasy Group); one to acquire 60% interest in the Andover nickel-copper project and another to acquire 70% interests in the Turner River, Meentheena and Coongan Gold Projects, located in the…
United Overseas Australia updates on potential impact of Covid-19 outbreak on group
SINGAPORE: The COVID-19 outbreak was declared a pandemic by the World Health Organization (‘WHO’) in March 2020, which continues to spread throughout Australia and Malaysia (the Group’s main geographical area of operation). In addition, the Malaysian government implemented a movement control order (‘MCO’) on the 18 March 2020 as a result of COVID-19, with the…
JTC acquires SANNE Group’s private client business
LONDON: JTC Plc has announced the acquisition of the assets, contracts and employees of SANNE Group plc’s private client business based in Jersey. TC is an award-winning provider of fund, corporate and private client services. The consideration is variable based on the satisfactory migration of clients to JTC and is capped at a maximum of…
Galderma Group plans to launch $2.3 billion IPO on the Swiss stock exchange
Galderma Group AG, the global leader in dermatology, announced on Wednesday that it intends to launch an Initial Public Offering (IPO) on the SIX Swiss Exchange, as part of its ambitious growth strategy. The company, which was founded in 1981 as a joint venture between L’Oréal and Nestlé, aims to raise about 2.3 billion USD…
RUA Life Sciences has acquired Analytic Biosurgical Solutions (Abiss)
LONDON: RUA Life Sciences (AIM: RUA) has acquired the entire issued share capital of Analytic Biosurgical Solutions SAS, for a cash consideration of €80,000 from the French liquidator of IPSA SAS, the former parent company of Abiss. The acquisition will be funded from the Company’s existing cash resources and will be paid in full on…
MiQ acquires Grasp to enhance media buying experience with AI
NEW YORK: MiQ, a global programmatic managed services partner, has announced the acquisition of Grasp, a French company that provides media governance and data quality solutions. Grasp’s SaaS suite prevents non-compliances and errors in media buying processes, saving advertisers millions in potential losses. Grasp has over 8,000 users worldwide, including leading brands and agencies. The…