LONDON, UK: Hollywood Bowl announced the acquisition of Teaquinn Holdings Inc. (Splitsville), a Canadian-based bowling business, for a total consideration of CAD 17 million. The consideration (approximately £10.6 million) will be satisfied by an initial payment of CAD 13.6 million in cash and a deferred consideration of CAD 3.4 million. Acquisition highlights: · Teaquinn comprises of…
Marlowe plc acquires Cedrec Information Systems for £3.0mn
LONDON, UK: Marlowe plc has acquired Cedrec Information Systems Limited, a leading digital platform providing Environmental, Health and Safety (EHS) data & information, for an enterprise value of up to £3.0 million. Headquartered in Gateshead and established in 1994, Cedrec Information Systems provides data, information and legislative insights to approximately 1,000 customers who subscribe to…
ASA Pakistan receives Microfinance Banking licence
AMSTERDAM: ASA International Group plc, one of the world’s largest international microfinance institutions, announces that ASA Pakistan received the Microfinance Banking (‘MFB’) licence from State Bank of Pakistan (‘SBP’) on 24 May 2022. On 3 January 2020, ASA Pakistan received an in-principle approval (via a No Objection Certificate or NOC) from SBP to transform into a…
Superloop to acquire Melbourne-based Acurus Holdings for A$15mn
SYDNEY, AUSTRALIA: Superloop Limited (ASX:SLC) has entered into a conditional sale and purchase agreement (SPA) to acquire Acurus Holdings Pty Ltd, a Melbourne-based white label and technology firm (Acurus). The acquisition will allow Superloop to expand white label broadband relationships and profitable growth in its subscriber base. Acurus is an Australian company providing technology services…
Marisa Fong appointment Chairperson of Enprise Group
AUCKLAND, NZ: Enprise Group (NZX: ENS) advises that the board unanimously appointed Marisa Fong to the role of Chairperson. Marisa has been a non-executive director of the company since 1 February 2019. Marisa co-founded The Madison Group in 1998, successfully growing it to become New Zealand’s largest privately owned recruitment company. Having won numerous awards,…
Renewi plc to acquire Amsterdam based Paro for €67mn
LONDON, UK: Renewi plc (LSE: RWI), the leading European waste-to-product business has reached conditional agreement to acquire 100% of the share capital of GMP Exploitatie BV (“Paro”), an Amsterdam based commercial waste and recycling business, from GMP Groep BV for an enterprise value of €67m, funded from the Group’s existing facilities. The agreement is conditional on…
TotalEnergies signs LNG Long-Term Sale Contract with Hanwha Corporation
PARIS, FRANCE: TotalEnergies (Paris:TTE) has signed a Sale and Purchase Agreement (SPA) with the Korea’s Hanwha Energy Corporation for the supply of 600,000 metric tons of liquefied natural gas (LNG) per year over 15 years, starting in 2024. The LNG will be sourced from TotalEnergies’ global LNG portfolio, delivered to the Tongyeong regasification terminal in…
Angus Energy acquires 49% shares in Saltfleetby Energy for £14mn
LONDON, UK: Angus Energy Plc (AIM:ANGS) has executed a share purchase agreement (“SPA”) to acquire the entire issued share capital of the Company’s current joint venture partner in the Saltfleetby Project, Saltfleetby Energy Limited, which owns a 49% working interest in the Project thereby giving Angus Energy a 100% interest in the Project. To fund the Acquisition…
Big Yellow sells industrial warehouse scheme at Harrow for £61 million
LONDON, UK: Big Yellow announced that it has conditionally sold its industrial warehouse scheme at Harrow, London for gross sales proceeds of £61 million. Completion of the sale is conditional, inter alia, on practical completion of the development, and is expected to occur in August of this year. The Company has deployed approximately £27 million…
Learn How To Select Which Options Are A Sound Investment
Congratulations on taking the first step towards learning how to select options that are a sound investment! This is an important skill to have as an options trader and one that can be difficult to master. With some practice and guidance, however, you can develop a keen eye for spotting profitable opportunities in the options…
Parker-Hannifin Corp divests Aircraft Wheel and Brake Division to Kaman Corporation
LONDON, UK: Parker-Hannifin Corporation has signed an agreement to divest its Aircraft Wheel and Brake Division, located in Avon, Ohio, in the United States, to Kaman Corporation, a leading manufacturer of components and materials for aerospace and defense, industrial and medical markets. Parker’s Aircraft Wheel and Brake Division is a leading manufacturer of aircraft wheel…
Tavistock Investments agrees to acquire LEBC Hummingbird Limited
LONDON, UK: Tavistock Investments (AIM: TAVI) has entered into an agreement to acquire the entire issued share capital of LEBC Hummingbird Limited. Hummingbird Limited is an unregulated business that provides research on the asset class allocations to be used within funds and model portfolios. Its service is designed to help investment managers match their investment…