Melbourne, Australia: PointsBet Holdings Limited (ASX:PBH) announced that its wholly owned subsidiary, PointsBet Louisiana has received launch authorisation from the LouisianaGaming Control Board and has taken its first bet in the State of Louisiana. The launch in Louisiana marks the 4th state launch under the partnership with Penn National Gaming announced on 1 August 2019…
Jucy Group to buy assets of Apollo Tourism & Leisure for NZ$45mn
AUCKLAND, NZ: thl and Apollo Tourism & Leisure Ltd (ATL) have entered into an agreement to sell certain ATL assets to a wholly owned subsidiary of JUCY Group (2022) Limited for an indicative purchase price of approximately NZ$45 million. The divestment to Jucy remains subject to confirmation from the New Zealand Commerce Commission (NZCC) and…
Grafenia plc agrees to acquire Vertical Plus Limited for £2.88 million
LONDON, UK: Grafenia plc (AIM: GRA) has agreed to acquire the entire issued share capital of Vertical Plus Limited, an ecommerce software business, based in Plymouth, on a debt free/cash free basis. The total consideration of up to £2.88 million will be satisfied in cash. The acquisition is expected to be cash flow generative and…
Zap-Map partners with Nissan Motor GB
LONDON, UK: Zap-Map, the UK’s leading chargepoint mapping service, and automotive manufacturer Nissan Motor have announced a partnership today in which purchasers of Nissan’s Electric vehicles will be provided with a Zap-Map Premium subscription that includes in-car support via Apple CarPlay or Android Auto. Nissan Electric vehicle purchasers can now receive three years’ free subscription…
Ofcom to probe cloud, messenger and smart-device markets
LONDON, UK: Ofcom is to examine the position of Amazon, Microsoft and Google in cloud services, as part of a new programme of work to ensure that digital communications markets are working well for people and businesses in the UK. Cloud market study In the coming weeks, Ofcom will launch a market study under the…
Apax IX Fund agrees to sell its stake in Authority Brands
LONDON, UK: The Apax IX Fund has signed a definitive agreement to sell portfolio company Authority Brands, a leading US franchisor of residential services. As part of this transaction, British Columbia Investment Management Corporation (BCI) will invest in consortium with majority shareholder the Apax X Fund. The purchase price was established by an independent third-party…
Streaks Gaming announces IPO on London Stock Exchange
LONDON, UK: Streaks Gaming Plc, a UK-based provider of conversational gaming products, announced its intention to join the main market of the London Stock Exchange this autumn. The flotation is expected to value Streaks Gaming at approximately £10.2m (pre-money) and will make it the first LSE-listed “pure-play” conversational gaming company. The company will apply for…
Mutares completed the acquisition of Sirti Energia
MUNICH: Mutares SE & Co. KGaA has completed the acquisition of Sirti Energia S.p.A as an add-on acquisition for EXI. The company will be rebranded in the next months. Sirti Energia is headquartered in Milan and is one of Italy’s leading providers of construction and maintenance services in the energy infrastructure market. The company is…
Magnora ASA and Helios Nordic Energy to develop 1,000MW solar parks in Norway
HAFSLUND, NORWAY: Magnora ASA and Helios Nordic Energy AB have established a new company to develop large-scale solar parks in Norway. The parties have an ambition for the newly established company to develop 1,000 MW of solar power to ensure more renewable energy for Norway. Hafslund has also committed to investing NOK 100 million in…
Kibo Energy will acquire Shankley Biogas Ltd
LONDON, UK: Kibo Energy Plc (AIM: KIBO), the renewable energy focused development company, has signed a definitive Share Purchase Agreement to acquire a 100% interest in a waste reception, Anaerobic Digestor (AD) and CHP power plant at Merseyside, United Kingdom. The acquisition of Southport, a 12MW waste-to-energy project in the UK, is in line with…
XPS Pensions Group has acquired Penfida Limited for £11.6 million
LONDON, UK: XPS Pensions Group plc has acquired the entire issued share capital of Penfida Limited, the leading independent corporate finance and covenant advisor to UK pension funds for a total cash consideration of £11.6 million. Consideration is comprising £7.9 million on completion and contingent deferred consideration of up to £3.7 million, subject to business…
Schneider Electric offers to acquire AVEVA for £9.482 billion
LONDON, UK: The boards of Schneider Electric and it’s indirect subsidiary Ascot Acquisition Holding (BidCo) have reached agreement on the terms of a recommended cash acquisition by which the entire issued and to be issued share capital of AVEVA. Samos has a majority stake in AVEVA, holding 178,573,525 AVEVA Shares, representing approximately 59.14 per cent…