SYDNEY, AUSTRALIA: Steadfast Group, an Australian insurance broker network, has entered the US insurance market by buying ISU Group, a private independent insurance agency network, for US $55 million. The deal, which was announced on Thursday, will be funded from…
LONDON, UK: Octopus Renewables Infrastructure Trust plc (ORIT) has entered into a conditional agreement to sell the Krzecin and Kuslin onshore wind farms in Poland to an affiliate of ORLEN S.A. On completion of the transaction, ORIT expects to receive…
LONDON, UK: The 600 Group Inc. entered a non-binding letter of intent (LOI) with a U.S. based operationally-oriented mid-market private equity firm regarding the potential disposal of a majority interest in the business and assets of the Group’s wholly owned…
LONDON, UK: AssetCo and its wholly owned subsidiary, River & Mercantile Holdings Limited have reached agreement in principle for the transfer of their interest as corporate partner in RMI, to partners of RMI led by Ian Berry, managing partner of…
Observe, a startup based in San Mateo, has secured $50 million in series A3 debt financing from Sutter Hill Ventures. The company, which was founded by former leaders of Snowflake, Splunk, Wavefront and Roblox in 2017, provides a unified observability…
SYDNEY, AUSTRALIA: Horizon Minerals Limited, a Western Australian mining company, has announced that it has entered into an agreement to acquire 100% interest in two greenfield lithium prospects near Bridgetown, less than 20km from the world-class Greenbushes lithium mine. The…
SYDNEY, AUSTRALIA: QXR Resources Limited, an Australian battery minerals company, has announced that it has entered into an agreement to earn a 75% interest in the Liberty Lithium brine project in California, USA. The project covers 102 square kilometers of…
SYDNEY, AUSTRALIA: PEXA Group Limited, a leading digital property exchange platform and property insights solutions business in Australia, has announced its intention to acquire Smoove plc, a UK-based conveyancing technology provider. The deal, which is subject to shareholder approval, will…
LONDON, UK: Victoria PLC (LSE: VCP), the international designers, manufacturers and distributors of innovative flooring, advised that international credit rating agency Fitch Ratings yesterday affirmed the Company’s credit rating following a recent review that stated: “Fitch Ratings has affirmed Victoria…
LONDON, UK: Unite Students, the UK’s leading student accommodation provider, has announced that its CEO Richard Smith will step down at the end of 2023 after 13 years with the company. He will be succeeded by Joe Lister, the current…
LONDON, UK: Ofcom, the UK communications regulator, has asked the Competition and Markets Authority (CMA) to investigate the public cloud infrastructure services market, after finding features that may limit competition and innovation. Cloud computing, which uses remote data centres to…
PARIS, FRANCE: TotalEnergies EP Canada Ltd. has finalized today the sale to ConocoPhillips of its 50% interest in the Surmont oil sands asset and associated midstream commitments. The transaction, for a base amount of C$4.03 billion (about US$3.0 billion) plus…