LONDON, UK: Tap Global Group Plc, a regulated cryptocurrency app that bridges the gap between traditional finance and blockchain technology, has announced its intention to launch in the US market through a partnership with Zero Hash LLC, a crypto infrastructure platform. The partnership will allow Tap to operate under Zero Hash’s existing regulatory coverage in…
The City Pub Group acquires two additional pubs in London and in Oxford
LONDON, UK: The City Pub Group plc (AIM: CPC), the owner and operator of 52 premium pubs across Southern England and Wales, announced the completion of the acquisition of two additional pubs in London’s Soho and in Oxford. The Group has acquired a premium freehold investment which is currently operated as Simmons Bateman Street. The…
Elders Limited has acquired Eureka! Group
SYDNEY, AUSTRALIA: Elders Limited (ASX:ELD) (Elders) has acquired the assets of the Eureka! group, a leading research, development, registration and formulation business for agricultural chemicals and other agricultural products. Eureka! operates with over 35 employees based at two sites west of Melbourne, one devoted to herbicide , and the other to non-herbicide products. The acquisition…
Entain plc has acquired Angstrom Sports
LONDON, UK: Entain plc (LSE: ENT), the global sports betting, gaming and interactive entertainment group, has acquired Angstrom Sports, a specialist provider of next generation sports modelling, forecasting and data analytics. As announced on 17 July 2023, the initial consideration of £81 million was payable on completion, with additional contingent payments totalling a maximum of…
AssetCo plc has acquired Ocean Dial Asset Management
LONDON, UK: AssetCo has completed the acquisition of the entire issued share capital of Ocean Dial Asset Management Limited from Avendus Capital Asset Management (UK) Limited. This follows confirmation of relevant clearances from the FCA and Indian regulators. The initial consideration has been satisfied by the delivery of 1,464,129 ordinary shares of £0.01 each in…
Sovereign and Network Homes merge to form Sovereign Network Group
LONDON, UK: Sovereign and Network Homes merged to form SNG (Sovereign Network Group). The proposed merger was announced on Monday 13 March 2023 and the final business case was approved by Sovereign and Network Homes’ respective boards on Thursday 7 September 2023. The organisation has over 82,000 homes, and over 210,000 customers across London, Hertfordshire,…
Macfarlane Group UK has acquired B&D 2010 Group for £3.85 million
LONDON, UK: Macfarlane announced the acquisition of B&D 2010 Group Limited, a specialist protective packaging business based in the South of England. This earnings enhancing acquisition is in line with Macfarlane’s stated strategy of building its protective packaging business through a combination of organic and acquisitive growth. B&D 2010 is a well-established business employing 15…
Yooma Europe sells Vitality CBD Limited to Psilobrain Therapeutics Inc.
LONDON, UK: Yooma Europe Limited has completed the sale of Birmingham-based Vitality CBD Limited, a UK-focused CBD company, for a total consideration of US$2.0 million to Psilobrain Therapeutics Inc. Psilobrain is a private Canadian biotech company that uses the latest in psychedelic medicine to design products that facilitate evidence-based healing & wellness. Further details regarding…
IPH Limited completes acquisition of Ridout & Maybee
SYDNEY, AUSTRALIA: IPH Limited (IPH) has completed the acquisition of Canadian IP services firm, Ridout & Maybee, as announced on 17 August 2023. The approximately CAD 65m (AUD 74.7m) purchase price for the acquisition was funded by: As part of the transaction, IPH has refinanced and extended debt facilities with financiers in Australia and Canada…
Catalyst Metals appoints David Jones as Non-Executive Chairman
SYDNEY, AUSTRALIA: Catalyst Metals Limited has appointed David Jones AM as Non-Executive Chairman. Mr Jones’ appointment comes after long serving Non-Executive Chairman, Steve Boston, stepped down in August this year. David has a background in working with high growth companies, mainly with unlisted businesses through his involvement in the private equity industry. David has been…
Monadelphous Group to acquire Melchor Contracting for an initial $10mn
SYDNEY, AUSTRALIA: Engineering company Monadelphous Group Limited (ASX:MND) has entered into an agreement to acquire Melchor Contracting, a Perth-based structural concrete and associated works business. Melchor Contracting offers a full structural concrete package capability, including detailed earthworks, formwork, reinforcement fixing and concrete placement in the resources, energy and infrastructure sectors. It currently employs around 300…
FDA signals intent to regulate lab developed tests
DUNEDIN, NZ: Cancer diagnostics company Pacific Edge (NZX, ASX: PEB) notes the U.S. Food and Drug Administration (FDA) has released for public comment proposed rule changes that seek to have Laboratory Developed Tests (LDTs) such as Cxbladder regulated as medical devices under the US Federal Food, Drug, and Cosmetic Act. The proposed changes, if finalized,…