My Rewards International Ltd (ASX: MRI) has announced that it has entered into a binding asset purchase agreement with Frankly Agency Pty Ltd (“Frankly”), a digital marketing agency based in Melbourne. Pursuant to the agreement, My Rewards will acquire Frankly’s business and assets for a total consideration of $1.8 million. Frankly Agency Pty Ltd offers…
Angel Medical Systems to Merge with BioPlus Acquisition Corp
SYDNEY, AUSTRALIA: Hydrix Limited, an ASX-listed company, has announced that Angel Medical Systems, now renamed Avertix Medical, has entered into a definitive agreement to merge with BioPlus Acquisition Corp. The latter is a special purpose acquisition company listed on NASDAQ. The combined entity will be called Avertix Medical and have an enterprise value of approximately…
GPE announces two central London acquisitions for £53 million
LONDON, UK: GPE announced the acquisition of the freehold interest at 141 Wardour Street, W1 for £39 million (£1,156 per sq ft). The 33,717 sq ft building is currently vacant, has been stripped out and benefits from planning consent for a comprehensive refurbishment. The building is in the heart of Soho, prominently positioned on the…
SulNOx diversifies and secures first revenues in multi-billion dollar demulsification market
LONDON, UK: SulNOx Group has diversified into an entirely new market for its patented proprietary chemistry. Working with Cleaner Fuel Solutions Pty Ltd (“CFS”) in South Africa, Sulnox has helped reduce the processing time and efficiency of recovering valuable oil from what is otherwise a toxic waste, with a lot of challenges and costs for…
Caledonia Mining begins direct sale of gold from Blanket Mine to foreign refiner
LONDON, UK: Caledonia Mining Corporation Plc (Caledonia) has started directly selling gold produced from its Blanket Mine to a refiner outside Zimbabwe. The company had been looking at various avenues to achieve direct export of its gold since listing on the Victoria Falls Stock Exchange and completing the Bilboes acquisition. However, unrefined gold will still…
Union Jack Oil plc announces sale of Interest in the Claymore Area Royalty Agreement
LONDON, UK: Union Jack Oil plc (AIM: UJO), a UK focused, onshore hydrocarbon production, development and exploration company, announced the disposal of its 2.5% interest in the Claymore Area Royalty Agreement. David Bramhill, Executive Chairman of Union Jack Oil, commented: “The Company is pleased with the price and terms and conditions of the sale, which…
Taseko Mines announces $50M at-the-market equity offering program
VANCOUVER: Taseko Mines Limited (TSX: TKO; NYSE American: TGB; LSE: TKO) has announced an at-the-market equity offering program (ATM) with National Bank Financial, Canaccord Genuity and Stifel GMP and their respective United States affiliates. Under the equity distribution agreement, the ATM will allow Taseko to offer and sell common shares through the facilities of the…
Porvair plc to acquire laboratory consumables businesses Ratiolab GmbH and Ratiolab Kft
LONDON, UK: Porvair plc, the filtration, laboratory, and environmental technology group, has announced its plan to acquire Ratiolab GmbH and Ratiolab Kft., two laboratory consumables businesses based in Germany and Hungary, respectively. The acquisition is subject to Hungarian regulatory approval and is expected to take around three months. Ratiolab GmbH sells laboratory consumables in Europe…
SSP expands presence in North America with acquisition of Midfield Concessions Enterprise
LONDON, UK: SSP Group plc is further expanding its presence across North America by adding 40 new units at seven airports, including four new locations, through the acquisition of the concessions business of Midfield Concession Enterprise Inc. (MCE). SSP is a leading operator of restaurants, bars, cafes and other food and beverage outlets in travel…
Begbies Traynor Group acquires Banks Long & Co to strengthen its property services division
LONDON, UK: Begbies Traynor Group plc has completed the acquisition of BLC No1 Limited, which trades as Banks Long & Co, according to an announcement made by the business recovery, financial advisory and property services consultancy on Wednesday. Banks Long & Co is a firm of chartered surveyors with 38 employees in Lincoln, operating throughout…
Personal Group appoints Paula Constant as new Group Chief Executive
LONDON, UK: Personal Group plc, a company that provides workforce benefits and services, has announced that its Group Chief Executive, Deborah Frost, will be retiring at the end of the year. Frost has been on the board for eight years and will step down as Group Chief Executive and from the board on December 31,…
Liontrust to acquire GAM Holding AG for a total of £96 million
LONDON, UK: Liontrust Asset Management, the specialist fund management group, has conditionally agreed to acquire the entire issued share capital of GAM Holding AG (GAM), a global investment management group. The proposed acquisition will be by way of public exchange offer with ordinary shares of 1 pence each in the capital of Liontrust to be…