LONDON, UK: FirstGroup plc has signed an agreement to purchase Ensign Bus Company Limited. The acquisition of the Ensignbus business will not only provide a number of synergies and value accretive growth opportunities in the B2B and bus vehicle dealership markets, but it will also enhance the Group’s local commercial bus operations in Essex. Ensignbus’…
Mutares SE & Co. completes acquisition of Palmia Oy
MUNICH: Mutares SE & Co. has successfully completed the acquisition of Palmia Oy from the City of Helsinki. The company will strengthen the Goods & Services segment as a new Finnish platform investment. Palmia Oy was incorporated by the City of Helsinki in 2015 and is a provider of food, real estate, cleaning and security…
Nine Entertainment acquires 2024 to 2032 Olympic Games and Olympic Winter Games exclusive rights
SYDNEY, AUSTRALIA: Nine Entertainment Co. (ASX:NEC) has concluded an agreement with the International Olympic Committee for the 2024 to 2032 Olympic Games and Olympic Winter Games, giving Nine exclusive rights for all audio-visual platforms, including free to air television, free streaming and all pay television rights including subscription streaming, exclusive audio rights for linear broadcast…
Looking To Start A Career In Real Estate? Here Are Some Helpful Tips
Are you hoping to break into the real estate industry? If so, there are plenty of opportunities for success. Starting a career in real estate can be a great way to build wealth and achieve financial independence. However, it can also be overwhelming if you don’t know where to start. To make the journey easier,…
KIPCO signs $525 million medium-term credit facility
KUWAIT CITY: KIPCO – the Kuwait Projects Company (Holding) announced that it has signed a US$ 525 million (KD 160.4 million equivalent) credit facility with a group of nine regional and international banks. The facility has an initial February 2025 maturity and a one-year extension option at KIPCO’s sole discretion. Standard Chartered Bank acted as…
Northcoders Group agrees to acquire Tech Returners for a total of £1.576 million
LONDON, UK: Northcoders Group (AIM:CODE), an independent provider of training programmes for software coding, has entered into a conditional agreement to acquire Tech Returners Limited for a total consideration of £1.576 million, to be satisfied in cash and shares. This strategic acquisition will further diversify Northcoders’ Business Services division, adding a new income stream to…
Auction Technology Group acquires estatesales.net (ESN) for $40 million
LONDON, UK: Auction Technology Group (LON: ATG), operator of world- leading marketplaces for curated online auctions, announced the acquisition of Vintage Software LLC, trading as estatesales.net (ESN), a leading US estate sales listing site. Based in Jackson, Missouri, estatesales.net (ESN) provides a platform to facilitate estate sales across the US. Both corporate estate sale companies…
Genesis Energy and FRV Australia jointly acquire large-scale solar site near Christchurch
SYDNEY, AUSTRALIA: Genesis Energy and its joint venture partner, FRV Australia, have secured a fully consented, large scale solar site near Lauriston on the Canterbury Plains. The site is expected to start generating electricity next year. Located one hour’s drive south of Christchurch, the 90-hectare site will hold approximately 80,000 solar panels with a capacity…
Transurban Group sells 50% of A25 asset to CDPQ for CAD 355 million
SYDNEY, AUSTRALIA: Transurban Group has reached an agreement to introduce CDPQ, a global investment group, as a 50% partner in the A25 asset for gross sale proceeds of CAD 355 million. This transaction will bring along a strategically aligned and well-respected Quebec-based partner with a trackrecord of working alongside Transurban in Sydney (via co-investment in…
Stahl has signed an agreement to acquire ICP Industrial Solutions Group
PARIS, FRANCE: Wendel announced that Stahl has signed an agreement to acquire ICP Industrial Solutions Group (ISG), a leader in high-performance packaging coatings, which will reinforce Stahl’s position as the global leader in the field of specialty coatings for flexible materials. ISG, a division of the ICP (Innovative Chemical Products) Group, offers a comprehensive portfolio…
Nexans in talks with Syntagma Capital for the sale of its telecom systems business
PARIS, FRANCE: Nexans has entered into exclusive negotiations with Syntagma Capital, a Belgium-based private equity fund, for the sale of its Telecom Systems Business. This proposed transaction marks Nexans’ exit from the telecom and data activity in line with its strategy to simplify its activities and amplify its impact in Electrification markets. The Telecom Systems…
Seeing Machines and Mobileye to jointly target aftermarket business
LONDON, UK: Seeing Machines Limited has signed a non-exclusive Distribution Agreement with Mobileye Vision Technologies Ltd, industry leader in the development of advanced driver assistance systems (“ADAS”) and autonomous driving technologies. The Agreement enhances Seeing Machines’ Aftermarket offering, Guardian, which targets the commercial fleet sector, by incorporating the Mobileye suite of Aftermarket products to alert…