LONDON, UK: Custodian REIT (LSE: CREI), which seeks to deliver a strong income return by investing in a diversified portfolio of smaller regional properties across the UK, announced the disposal of an industrial unit in Kilmarnock at auction for £1.4 million at a 12% premium to its 30 June 2022 valuation. The environmental credentials of…
IMI Plc to acquire Heatmiser UK for an enterprise value of £110 million
LONDON, UK: IMI plc announced the proposed acquisition of Heatmiser UK Ltd for an enterprise value of £110 million, with up to a further £8 million based on Heatmiser’s future financial performance. Heatmiser will become part of IMI Hydronic Engineering. The proposed acquisition of Heatmiser UK is fully aligned with IMI’s strategy and purpose of…
What to Do with Broken Smartphone Screen?
A broken smartphone screen can be a great inconvenience — and yes, it’s also expensive to replace. Knowing what to do with your cracked iPhone or smashed smartphone can help you get back on track more quickly and easily. You can easily fix a broken smartphone screen, though you may need to order wholesale phone…
Deezer partners with Bouygues Telecom in France
PARIS, FRANCE: Deezer, the global music streaming service, and Bouygues Telecom, the global communications operator in France, have entered into a distribution partnership. Deezer continues its B2B growth strategy with this new key agreement in its largest market. As of today, Bouygues Telecom is providing its customers promotional offers to access Deezer’s streaming service, with…
Waheed Alli appointed Chair of MAC plc to build leader in the creative industries sector
LONDON, UK: Marwyn Acquisition Company (MAC) announced the appointment of Waheed Alli as its new Chair with effect from 6 November 2022. The Company has also announced that it is proposing changing its name to 450 plc. The appointment of Waheed Alli as Chair will lead to a proposed change of the company’s investing policy to…
Permanent TSB completes the acquisition of residential mortgage business of Ulster Bank Ireland
LONDON, UK: Permanent TSB plc (PTSB) has materially completed the acquisition of the performing non-tracker residential mortgage business of Ulster Bank Ireland DAC. The residential mortgage business portfolio being acquired currently comprises loans with a value of €6.2 billion. Of this, c. €5.2bn is being migrated today and the remaining c. €1bn is expected to…
National World makes strategic investment in The News Movement
LONDON, UK: National World has invested US$1.25 million in social-first media company, The News Movement, as part of a strategic partnership to provide National World’s audiences with high quality, fact-based, engaging news and useful information on platforms including TikTok, Instagram, YouTube, Twitter and Snap. The partnership will accelerate National World’s development of a new operating…
PayPoint will acquire Appreciate Group in a £83 million deal
LONDON, UK: The boards of directors of PayPoint and Appreciate Group have reached agreement on the terms of a recommended offer pursuant to which PayPoint will acquire the entire issued and to be issued share capital of Appreciate Group, a leading gifting and engagement company. PayPoint offers in store payment services for consumers, retailer services…
DWF Group agrees to acquire Whitelaw Twining Law Corporation in Canada
LONDON, UK: DWF Group, the global provider of integrated legal and business services, has reached an agreement to acquire Whitelaw Twining Law Corporation, a leading independent law firm headquartered in Vancouver, Canada, and TWK Management Limited, an intra-group services company. Highlights · Whitelaw Twining is a Canadian law firm specialising in insurance, commercial litigation, personal…
AIC Mines and Demetallica agree to combine
SYDNEY, AUSTRALIA: AIC Mines Limited (ASX: A1M) have executed a Bid Implementation Deed to implement AIC Mines’ off-market takeover offer for Demetallica on a recommended basis. Under the terms of the Agreement, AIC Mines has agreed to improve its Offer consideration to 1 AIC Mines share for every 1.3 Demetallica shares held, and the Board…
Damien Berrell to succeed Julian Russell as Eclipx Group CEO
SYDNEY, AUSTRALIA: The Board of Eclipx Group (ASX: ECX) announced that Damien Berrell will become Chief Executive Officer in February 2023, succeeding Julian Russell. Eclipx Group is an established leader in vehicle fleet leasing, fleet management, heavy commercial vehicle commissioning and management, salary packaging and novated leasing. Damien Berrell is currently the Group Chief Financial…
Splitit signs partnership agreement with Checkout.com
SYDNEY, AUSTRALIA: Splitit Payments Limited (ASX:SPT) has signed an agreement with Checkout LLC, the cloud-based payments service provider to deliver an integrated instalment payments solution, as well as reselling Splitit through its network of merchants and marketplaces. The partnership will support Splitit’s Instalments-as-a-Service platform to be adopted by Checkout.com’s extensive network of merchants and marketplaces,…