SYDNEY: Insignia Financial Ltd (ASX: IFL) announced on January 3 that it has received a confidential, non-binding, and indicative proposal from CC Capital Partners, LLC to acquire all shares in Insignia Financial through a scheme of arrangement. The proposal offers A$4.30 cash per share, adjusted for any dividends paid or payable post-proposal, with an alternative…
Regis Healthcare to acquire the business and assets of BodeWell Community Care
SYDNEY: Regis Healthcare Limited (ASX: REG) has entered into a binding agreement to acquire the business and assets of BodeWell Community Care, a privately owned home care operator providing Home Care Packages (HCP), Commonwealth Home Support Programme (CHSP), and private home care. Regis’ CEO Dr Linda Mellors said, “BodeWell is a well-regarded home care service…
How to buy audible books: A comprehensive guide
What are audible books? Audible books, often called audiobooks, are recorded readings of books or other written content. These recordings can be listened to on various devices like smartphones, tablets, computers, and dedicated e-readers. Audible books are a fantastic way to enjoy literature while multitasking, such as driving, working out, or simply relaxing. The format…
Sword Group commences 2028 business plan to achieve organic growth
PARIS: Sword Group announced the launch of its 2028 Business Plan, driven by the dedication of its employees, the loyalty of its customers, and the stability of its investors. Chairman and CEO Jacques Mottard shared the company’s clear strategic vision, which aims to turn challenges into opportunities for growth. Strategic Principles Sword’s management style emphasizes…
Coinsilium and Otomato collaborate to enhance digital asset trading strategies
LONDON: Coinsilium Group Limited (AQUIS: COIN, OTCQB: CINGF), a Web3 investor, advisor, and venture builder, announced a strategic collaboration with Otomato Inc., a pioneering Web3 technology platform specializing in autonomous agent-based solutions. This collaboration aims to leverage Otomato’s cutting-edge technologies to maximize the return potential of Coinsilium’s digital asset treasury holdings. The partnership comes at…
Roquefort Therapeutics signs term sheet for $10 million sale of subsidiary
LONDON: Roquefort Therapeutics (LSE:ROQ), a publicly traded biotech company, announced it has signed a term sheet for the sale of its wholly-owned subsidiary, Lyramid Pty Ltd, to Pleiades Pharma Limited. The proposed deal values Lyramid at a minimum of $10 million. Roquefort and Pleiades plan to finalize the transaction within 30 days. The agreement includes…
Thruvision Group appoints Victoria Balchin as Chief Executive Officer
LONDON: The Board of Directors of Thruvision Group plc (AIM: THRU), the leading international provider of walk-through security technology, announced the appointment of Victoria Balchin, currently Chief Financial Officer, as Chief Executive Officer with effect from 2 January 2025. Following the departure of Colin Evans in October 2024, working closely with Executive Chairman Tom Black,…
Safestore to acquire Easybox, Italy’s second largest self-storage operator
LONDON: Safestore, one of the UK’s largest self-storage groups, has entered into a 50/50 joint venture with Nuveen Real Estate to acquire Easybox, Italy’s second largest self-storage operator by number of stores, for €175m. Safestore will initially invest c. €45 million for its 50% share in the joint venture which has also been funded by joint…
China Mobile and Telecom Egypt forge strategic partnership
HONG KONG: China Mobile International (CMI) and Telecom Egypt have announced a strategic commercial agreement signed by Mr. Wang Hua, Chairman and Chief Executive Officer of CMI, and Mr. Mohamed Nasr, Managing Director and Chief Executive Officer of Telecom Egypt. This landmark commercial agreement capitalizes on both companies’ investments in subsea cable infrastructure and resource…
FTV VIII offers to acquire Windward Ltd for £216 million
LONDON: FTV VIII, L.P., through Octopus UK Bidco Limited, reached agreement on the terms of a recommended cash acquisition of Windward Ltd. Under the terms of the acquisition, Windward shareholders will be entitled to receive 215 pence per Windward share in cash. The acquisition values the entire issued and to be issued ordinary share capital…
Chesnara plc announces acquisition deal with Canada Life Limited
LONDON: Chesnara plc, a leading European life and pensions consolidator, has struck a significant deal with Canada Life Limited to acquire a closed portfolio comprising unit-linked bonds and legacy pension business, encompassing approximately 17,000 policies and total assets under management of £1.5 billion as of 31 December 2023. The agreement will see these policies transferred…
Aviva agrees to acquire Direct Line Insurance Group in a £3.7 billion deal
LONDON: Aviva Plc has announced that it has reached an agreement on the terms of a recommended cash and share offer for Direct Line Insurance Group. The acquisition deal outlines that for each Direct Line share held, shareholders will receive 0.2867 new Aviva shares, 129.7 pence in cash, and up to 5 pence in dividend…