OSLO, NORWAY: Nesma & Partners, a leading contracting company in the Middle East, has announced that it has signed a sale and purchase agreement with Kent Global Plc, a global engineering and project management firm in the energy sector. The deal is expected to be completed by the end of the year, subject to regulatory…
SECOS Group to focus on sustainable packaging after selling traditional plastic assets
SYDNEY, AUSTRALIA: SECOS Group Limited (ASX: SES), a leading developer and manufacturer of sustainable packaging materials, has announced that it has entered into an asset sale agreement to divest its traditional plastic manufacturing assets to Advent Packaging Sdn Bhd, a Malaysian packaging manufacturer. The deal is expected to be completed by 1 December 2023. The…
Estia Health to acquire two aged care homes in regional Victoria
SYDNEY, AUSTRALIA: Estia Health Limited (ASX: EHE), a leading provider of residential aged care services in Australia, has announced that it has signed binding agreements to acquire two aged care homes in regional Victoria from Royal Freemasons Limited, a not-for-profit organisation that operates retirement living and aged care facilities. The two homes are located in…
Olympio Metals secures option to acquire Cadillac Lithium Project in Quebec
SYDNEY, AUSTRALIA: Olympio Metals Limited (ASX:OLY), a company that explores for critical minerals in Australia and Africa, has announced that it has signed an option to acquire 100% of the Cadillac Lithium Project from Vision Lithium (TSX.V:VLI), a Canadian company that focuses on lithium exploration and development. The Cadillac Lithium Project is located in the…
Alteration Earth to acquire Verdant Earth Technologies in green energy deal
LONDON, UK: Alteration Earth PLC, a special purpose acquisition company focused on the clean technology and clean energy sectors, has announced that it has entered into non-binding heads of terms to acquire Verdant Earth Technologies Limited, a green energy solutions company based in Australia. Verdant Earth Technologies is developing a network of renewable energy projects…
Russian food retailer, X5, acquires Victoria and Deshevo Stores
MOSCOW, RUSSIA: X5 Group, a leading Russian food retailer, has secured an agreement to acquire Victoria Baltia, the operator of Victoria stores in the Kaliningrad Region, Moscow and the Moscow region, Deshevo stores in the Kaliningrad Region, as well as two distribution centres and a CASH hypermarket in Kaliningrad. The deal has been approved by…
The Office of Rail and Road proposes new charge for open access rail services to airports
LONDON, UK: The Office of Rail and Road (ORR), the independent regulator of Britain’s railways, has today published its proposal to allow Network Rail to charge open access rail services to major airports for some of the fixed costs of the network. The proposal is part of ORR’s periodic review of Network Rail, which sets…
Plant Health Care sells biostimulant in Poland
LONDON, UK: Plant Health Care, a company that provides biological products for agriculture, has announced that it can sell its biostimulant product, Harpin αβ, in Poland. Harpin αβ is a protein that improves crop yield and quality. The company got Mutual Recognition for Harpin αβ in Poland, after getting regulatory approval in France. The company…
XP Power appoints Matt Webb as new CFO
LONDON, UK: XP Power, the designer and manufacturer of power converters for the electronics industry, has announced the appointment of Matt Webb as its new Chief Financial Officer (CFO) with effect from 4 September 2023. He will also join the Board of Directors of the company on 5 October 2023. Matt Webb has over 25…
Chariot signs agreement for new onshore gas licence in Morocco
LONDON, UK: Chariot Limited (AIM: CHAR), the Africa focused transitional energy company, has announced that it has signed a Petroleum Agreement for a new exploration licence, Loukos Onshore, located onshore Morocco. The company will hold a 75% interest in, and operatorship of the Loukos licence, in partnership with the Office National des Hydrocarbures et des…
Saint-Gobain sells US fence, railing and decking business to Oldcastle APG
LONDON, UK: Saint-Gobain, the French multinational manufacturer of building materials and solutions, has announced that it has completed the sale of its US fence, railing and decking business (FRD) to Oldcastle APG, a subsidiary of CRH plc, the Irish building materials group. The FRD business, which operates under the CertainTeed brand, generated sales of around…
PetroNeft to exit Russian market with asset sales to CEO
LONDON, UK: PetroNeft Resources PLC, the oil and gas exploration company focused on Russia, has announced that it has entered into a non-binding conditional agreement to sell its entire interests in WorldAce Investments Limited and OOO Granite Construction to its CEO and Executive Director Pavel Tetyakov for a nominal consideration of RUR10,000 (approximately USD110). The…