SYDNEY, AUSTRALIA: Manawa Energy, New Zealand’s largest independent power producer, has announced the resignation of its Chief Executive Dr David Prentice, effective from 8th September 2023. Dr Prentice has led the company through the sale of the Trustpower retail business…
LONDON, UK: Bunzl plc, the specialist international distribution and services Group, has announced two acquisitions in Europe, expanding its presence in Poland and the Benelux region. The Group has signed an agreement to acquire Safety First, one of the largest…
LONDON, UK: Belvoir Group, a prominent UK property franchise and financial services Group, continues its growth trajectory with the acquisition of MAB (South West) Ltd (“MAB SW”), a financial services business, as part of its ongoing expansion strategy. This follows…
LONDON, UK: Literacy Capital has achieved a major milestone by divesting a significant investment, delivering substantial gains for shareholders and boosting its cash reserves for future ventures. The successful transaction has generated a remarkable return for shareholders, exceeding 10 times…
LONDON, UK: Star Energy has successfully acquired a 51% controlling stake in A14 Energy Limited, a notable player in the geothermal energy field. This acquisition aligns with Star Energy’s strategy to transform into a geothermal developer, owner, and operator, while…
LONDON, UK: Standard Chartered Group has signed agreements dated 28 August 2023 for the sale of its global aviation finance leasing business (through the sale of shares in relevant subsidiaries and minority equity interests held by the Standard Chartered Group…
LONDON, UK: Zenith Energy Ltd. has acquired control of Cyber Apps World Inc. (CYAP) by way of a Securities Purchase Agreement (SPA) signed with Janbella Group LLC. Zenith has acquired 100,000 Series A Preferred Shares in CYAP from the Seller,…
The struggling household products chain Wilko may have a chance to survive after receiving a £90 million offer from a private equity firm, M2 Capital. M2 Capital, which has a track record of investing in distressed retail businesses, has submitted…
BYD Electronic International Co Ltd, a subsidiary of Chinese electric vehicle maker BYD Co Ltd, announced on Monday that it has agreed to acquire the mobile electronics manufacturing business in China of U.S.-based Jabil Inc for 15.8 billion yuan ($2.2…
SYDNEY, AUSTRALIA: WestStar Industrial Limited (ASX:WSI), a diversified industrial group with businesses in engineering, construction, manufacturing and mining services, has agreed to acquire the business and assets of WATMAR, a fluid system engineering specialist predominantly operating within defence, industrial and…
SYDNEY, AUSTRALIA: Bega Cheese Limited (ASX:BGA) has announced that it has entered into a binding Business Sale Agreement to acquire the businesses and certain assets of Betta Milk and Meander Valley Dairy from TasFoods Limited (ASX:TFL). The acquisition includes a…
XPeng, a Chinese electric car giant, announced on Monday that it will acquire Didi’s EV subsidiary for over $740 million and launch a new brand of vehicles. XPeng, founded in Guangdong in 2015, is one of many Chinese startups that…