SYDNEY, AUSTRALIA: Bio-Gene Technology Limited (ASX: BGT) and STK Bio-Ag Technologies (STK) signed binding terms on a global collaboration partnership for the commercialisation of Bio-Gene’s Qcide product in crop protection and other market segments. Bio-Gene and STK have allowed up…
SYDNEY, AUSTRALIA: DGL Group Limited has acquired Nightingale Transport. The acquisition price of $18.2 million represents 3.7x EBITDA of $4.9 million and 1.1x net tangible assets of $15.2 million. The acquisition will be funded with cash, with DGL’s net debt…
SYDNEY, AUSTRALIA: Imdex Limited, mining-tech company, has entered into a binding agreement to acquire Devico AS for an implied enterprise value of A$324 million (approximately NOK 2.2 billion). Devico is a leading global mining-tech company, established in 1988 and headquartered…
SYDNEY, AUSTRALIA: Control Bionics Ltd (ASX: CBL) announced the appointment of Jeremy Steele as Chief Executive Officer and a member of the board, effective from 19 January 2023. Jeremy Steele brings over 25 years of global corporate experience across a…
LONDON, UK: Mercia Asset Management (AIM: MERC) announced the profitable sale of Intechnica Holdings Limited for a total enterprise value of £14.5 million, to US-based Crosslake Technologies LLC. Mercia held a 25.5% direct holding in Intechnica at the date of…
LONDON, UK: Grafenia plc (AIM: GRA) has acquired the entire issued share capital of Care Management Systems Limited (CMS), a provider of care home management software and systems, based in Bristol, on a debt free/cash free basis. The total consideration…
HAMILTON, BERMUDA: Archer Limited has signed a term sheet with Baker Hughes Limited to potentially acquire Baker Hughes’ coil tubing and pumping (CT&P) business in the United Kingdom. The coil tubing and pumping (CT&P) business fits well within Archer’s overall…
EFG Hermes, exit Pakistan, brokerage and investment services, KARACHI, PAKISTAN: EFG Hermes, an Egyptian financial services company present in the Middle East, North Africa, Sub-Saharan Africa, and South Asia regions, has decided to pursue exit options from two markets namely…
LONDON, UK: Diageo Plc has reached an agreement to acquire Don Papa Rum, a super-premium, dark rum from the Philippines. The upfront consideration is €260 million with a further potential consideration of up to €177.5 million through to 2028 subject…
LONDON, UK: CML Microsystems Plc has entered into a definitive agreement to acquire Silicon Valley based semiconductor company Microwave Technology Inc. (MwT) for a total consideration of up to US$18 million. Microsystems Plc develops mixed-signal, RF, and microwave semiconductors for…
LONDON, UK: M&G plc, the leading international saving and investment business, announced the appointment of Joseph Pinto as its next Chief Executive Officer of M&G Asset Management. The appointment is subject to regulatory approval. Joseph Pinto will have accountability for…
OSLO, NORWAY: Aker Solutions has been awarded with a sizeble contract by TotalEnergies to provide the subsea production system, tools and all related EPCI interfaces for the Lapa South West field Construction, in the pre-salt Santos Basin offshore Brazil. The…