AMSTERDAM: InPost, the European automated parcel machine service provider, has announced that it has acquired a 30% equity stake in Menzies, its UK logistics partner, for £49.3 million. The deal also gives InPost a three-year option to buy the remaining…
LONDON, UK: ATC Group plc (AQSE: ATC), a music company that offers talent management, live booking, livestreaming and talent services, has announced that it has completed the acquisition of a 60 per cent. stake in Sandbag Limited, a company that…
Tata Group, the Indian conglomerate that owns Jaguar Land Rover (JLR), has announced that it will invest 4 billion pounds ($5.2 billion) to build an electric vehicle (EV) battery plant in Britain, creating up to 4,000 jobs and boosting the…
Tesla has applied to German authorities for permission to make extensive changes to its factory near Berlin, as part of its ambitious plan to turn the site into Europe’s largest car plant. The electric car maker published application documents on…
SYDNEY, AUSTRALIA: Westpac Banking Corporation, one of Australia’s largest banks, has announced a restructure to support its next strategic phase, following a period of simplification and exiting nine businesses. The bank said it will appoint dedicated group executives for consumer…
PARIS, FRANCE: HID Global, a subsidiary of the Swedish group Assa Abloy and a leader in identification systems and applications, has announced that it has entered into exclusive negotiations to buy Evolis, a French company that specializes in decentralized personalization…
SYDNEY, AUSTRALIA: Renascor Resources (ASX: RNU), a graphite producer in South Australia, has announced that it has signed a non-binding memorandum of understanding (MOU) with Mitsubishi Chemical Corporation, a Japanese chemical giant and a leading manufacturer of lithium-ion battery anode…
OSLO, NORWAY: Release by Scatec signed an agreement to raise USD 102 million (NOK 1 billion) in funding from Climate Fund Managers (CFM) to further accelerate its growth ambitions. Release was established by Scatec ASA in 2019 to offer a…
LONDON, UK: NWF Group plc, the specialist distributor of fuel, food, and feed across the UK, has announced that it has bought Geoff Boorman Fuels, a fuel distributor based in Edenbridge, Kent, for £2.6 million in cash. The deal is…
LONDON, UK: AEW UK REIT plc (LSE: AEWU) has announced that it has bought a freehold, mixed-use property in York city centre for £10 million, with a net initial yield of 9.3%. The property, which covers 99,769 sq ft, has…
LONDON, UK: Afentra has announced that it has agreed to buy more stakes in two offshore blocks in Angola for a total of $105 million. The company said it will buy a 12% interest in Block 3/05 and a 16%…
LONDON, UK: National Grid has agreed to sell another 20% stake in its UK gas transmission and metering business (National Gas) to a group of long-term infrastructure investors led by Macquarie Asset Management (the “Consortium”). The deal is worth about…