PARIS, FRANCE: Tikehau Capital announce the portfolio company EuroGroup Laminations S.p.A. listed its shares on Euronext Milan and has started trading under the ticker symbol EGLA. The IPO price of €5.5 per share implies a market capitalisation of approximately €922 million. EuroGroup Laminations is a market leader in the design and production of the “motor…
Netgem sells its consumer fiber operator business in France to Nordnet
PARIS, FRANCE: Netgem announced that it has reached an agreement to sell its consumer fiber operator business in France to Nordnet, a subsidiary of the Orange group. Netgem will continue to provide its television service netgem.tv to Nordnet for all ceded subscribers. Turnovers and gross margin of the business sold amounted to €4.7 million and…
Pengana Capital to divest 65% direct equity stake in Lizard Investors LLC
SYDNEY, AUSTRALIA: Pengana Capital Group (ASX: PCG) has signed an agreement to divest its 65% direct equity stake in Lizard Investors LLC, a Chicago-based asset management firm that specialises in global small to mid-cap equities, as part of a management buyout led by Lizard Chief Investment Officer and Portfolio Manager, Jon Moog. Whilst Pengana Capital…
GPT Group CEO & MD, Bob Johnston to retire
SYDNEY, AUSTRALIA: The GPT Group announced that the Chief Executive Officer and Managing Director (CEO), Bob Johnston, has advised of his intention to retire by the end of this year after more than 7 years in the role. Bob Johnston will continue as CEO until the commencement of his successor and will work closely with…
Regal Partners signs deal to acquire East Point Asset Management
SYDNEY, AUSTRALIA: Regal Partners entered into binding agreements to acquire 100% of the issued share capital of Hong Kong based alternative investment manager East Point Asset Management (EPAM), investment manager of the East Point Asset Management Master Fund (EPAM Fund). The EPAM Fund manages approximately USD $100 million in capital, utilising EPAM’s fundamental, high conviction,…
The Most Profitable Side-Hustles That Will Help You Make Some Good Money
Are you looking for an extra source of income? Side hustles are a great way to earn extra money. Whether you’re trying to pay off debt, save up for something big, or have some extra spending money, a side hustle can be the perfect solution. The best part is that there are endless side hustles…
7 Mistakes To Avoid When Buying Outdoor Lighting Fixtures
Outdoor lighting fixtures are an important part of creating a beautiful and safe outdoor space. The wrong fixtures can ruin the look of your landscape while ill-placed ones can create dangerous situations. To ensure you get the best out of your outdoor lighting, in this blog post we have discussed 7 mistakes to avoid when…
Lorna Blaisse appointed CEO of Helium One Global
LONDON, UK: Helium One Global (AIM: HE1) announced the appointment of Lorna Blaisse, currently Principal Geologist at Helium One, as CEO of the Company with immediate effect and, following completion of the required AIM regulatory due diligence, it is intended that Lorna be appointed as a Director of the Company. The primary helium explorer in…
VinaCapital invests in $30mn in Vietnam’s digital advertising platform, Chicilon Media
LONDON, UK: VinaCapital Vietnam Opportunity Fund (LSE: VOF), the flagship fund of VinaCapital, has made a private equity investment in Chicilon Media Information Technology Vietnam Joint Stock Company (Chicilon Media), the leading inner-building advertising company in Vietnam. VinaCapital will lead a consortium to invest USD38 million in Chicilon Media, of which VOF will invest USD30…
Vår Energi announces oil discovery in the Barents Sea
SANDNES, NORWAY: Vår Energi ASA (OSE: VAR) confirmed the discovery of oil in the operated 7122/8-1S Countach well in PL229 (Goliat), north-west of Hammerfest. The well is currently drilled to 2958m measured depth and oil has been encountered in the Realgrunnen and Kobbe formations. A sidetrack is planned to better define the size of the…
Jaan Ivar Semlitsch appointed CEO of Komplett ASA
OSLO, NORWAY: Jaan Ivar Semlitsch has been appointed as the new CEO of Komplett ASA. He takes over the role from Lars Olav Olaussen, who has led Komplett since 2018. Semlitsch will assume the role on the 10th of February. At the same time, Olaussen will take on an advisory role to the Board of…
DNB Bank shall buy back up to 0.5 percent of company’s own shares
OSLO, NORWAY: The Board of Directors of DNB Bank ASA has decided to initiate a share buy-back programme comprising up to 0.5 percent of the company’s own shares, which represents a total of 7,751,800 shares. The purpose of the buy-back programme is to optimise the company’s capital structure. The buy-back programme was adopted based on…