LONDON, UK: Gelion Plc (AIM: GELN), the Anglo-Australian battery innovator, announced the acquisition of the Lithium Sulfur and Silicon Anode (LiSiS) patent portfolio (including solid and liquid electrolytes, disordered rock salt, electrode formulation and battery materials recycling) from Johnson Matthey for a consideration of £4.25 million payable in cash and will be funded from the…
Informa Plc acquires B2B Events group, Tarsus for $940 million
LONDON, UK: Informa Plc (LSE: INF.L), the international Academic Markets, B2B Markets and Digital Services Group, announced the acquisition of B2B Events group, Tarsus for $940 million. Stephen A. Carter, Group Chief Executive, Informa, said: “We have long admired the Tarsus business which, like Informa, has been built around major brands in attractive, specialist B2B…
Sequoia Financial Group announces divestment of 80% of Morrison Securities
SYDNEY, AUSTRALIA: Sequoia Financial Group Limited (ASX: SEQ) has entered into a binding agreement to divest 80% of its equity interest in Morrison Securities Pty Ltd to New Quantum Holdings Pty Ltd (NQ), a company that provides digital wealth management platform services. Under the agreement, SEQ is set to receive a total cash consideration of…
BSA Limited to divest its APS Fire QLD business to Entire Fire Pty Ltd
SYDNEY, AUSTRALIA: BSA Limited (ASX:BSA) has entered into an agreement to divest its APS Fire QLD business to Entire Fire Pty Ltd, a Melbourne based Fire Protection and Mechanical services company. The agreement is subject to conditions precedent with a sunset date of 30 April 2023. The divestment is part of the BSA three horizon…
Jatcorp sells unprofitable subsidiaries KTPD Holding and Green Forest International
SYDNEY, AUSTRALIA: Jatcorp Limited has decided to dispose of the 50% owned subsidiaries KTPD Holding Pty Ltd and Green Forest International Pty Ltd for nominal consideration. Jatcorp acquired the subsidiaries in May 2018. The previous Board had made the decision to acquire the subsidiaries to boost sales and develop the distribution and sales channels. However,…
Atturra Holdings has exchanged a Share Sale and Purchase Deed (SSPD) to acquire Somerville
SYDNEY, AUSTRALIA: Atturra Limited (ASX: ATA) announced that Atturra Holdings has exchanged a Share Sale and Purchase Deed (SSPD) to acquire Somerville. Atturra Limited is the leading advisory and technology services business in designing, implementing, and maintaining IT solutions. Headquartered in Sydney, with offices in Melbourne and Brisbane, Somerville provides a wide range of enterprise-grade…
Capita Plc to sell Security Watchdog for an enterprise value of £14 million
LONDON, UK: Capita plc has agreed to sell Security Watchdog, the pre-and post-employment screening solutions provider to Matrix, which is owned by Bridgepoint Development Capital, part of Bridgepoint Group Plc for an enterprise value of £14 million on a cash free, debt free basis. Security Watchdog is the UK industry leader of digitalised, smart pre-and…
Lleida.net posts 16 percent decline in EBITDA during 2022
MADRID, SPAIN: Lleida.net increased its sales by 15 percent in 2022 compared to the previous year, and closed the year with 20.67 million euros in turnover. This more than €20 million represents a growth in sales of €2.7 million. This is the record turnover figure in the company’s history and the result of an increase…
UK Civil Aviation Authority confirms Heathrow Airport price cap
LONDON, UK: The UK Civil Aviation Authority has today published its Final Decision for the annual caps that will apply to the charges that Heathrow Airport Limited levies on airlines for using the airport until the end of 2026. The regulator has confirmed that charges for 2023 will remain fixed at the level set out…
Guild Esports launches all-female Counter-Strike: Global Offensive team
LONDON, UK: Guild Esports (LSE: GILD), a global teams organisation and lifestyle brand, announced the launch of an all-female team to compete in Counter-Strike: Global Offensive (CS:GO), the leading team-based first-person shooter, representing the company’s first entry into the esport. Guild is leaning on a high-powered all-women team as part of its strategy to encourage…
Hill & Smith acquires Korns Galvanizing Company for $11.3 million
LONDON, UK: Hill & Smith plc, the international group creating sustainable infrastructure and safe transport through innovation, has completed the acquisition of the business and assets of Korns Galvanizing Company Inc. (Korns) for a cash consideration of $11.3 million (c.£9.4m), on a debt and cash free basis, which will be funded from the Group’s existing…
Agfa to invest in new industrial unit for Zirfon membranes for green hydrogen production
MORTSEL, BELGIUM: Agfa today announced that, given the strong increase in demand, the Board of Directors validated the investment for a new industrial unit for the company’s Zirfon membranes for green hydrogen production, next to further investments in growing the current facility. The unit will be installed in existing buildings at the company’s site in…