LONDON, UK: Edenville Energy Plc (AIM: EDL) has reached an agreement with NextGen Coalmine to terminate the contract for the operation of the company’s Rukwa Coal Project, entered into on 3 February 2022. Edenville Energy has subsequently resumed full control…
LONDON, UK: GSK plc (LSE: GSK) has entered into a definitive agreement to acquire Affinivax Inc., a clinical-stage biopharmaceutical company based in Cambridge, Boston, Massachusetts, for a $2.1 billion upfront payment and up to $1.2 billion in potential development milestones….
LONDON, UK: Coral Products plc, a specialist in the design, manufacture and supply of plastic products based in Wythenshawe, Manchester, has acquired the entire issued share capital of Alma Products Limited for a net consideration of £1.5 million to be…
LONDON, UK: Oxford Metrics plc (LSE: OMG) announced the sale of its infrastructure asset management division, Yotta, to Causeway Technologies for a cash consideration of £52.0 million. Yotta today serves over 200 customers worldwide, providing software to assist in the…
LONDON, UK: Saint-Gobain has entered into agreements for the sale of its glass processing businesses Eckelt Glas and Glas Ziegler in Austria to the privately-owned German group AEQUITA, as well as the sale of its holding in the co-venture Glaskontor…
LONDON, UK: Stagecoach Bus Holdings Limited has entered into binding agreements to acquire Kelsian Group’s east London bus operations and depot at Lea Interchange for total consideration of £20 million. Upon completion, £10m will be payable, with a further £1m…
LONDON, UK: XLMedia (AIM: XLM), a leading global digital performance publisher, announced the appointment of David King as Chief Executive Officer and as a member of the Board of Directors. He is expected to join the Group on 1 July…
MUNICH: Mutares SE & Co. has signed an agreement to acquire Cimos d.d. and its subsidiaries from TCH S.r.L. The closing of the transaction is expected in the third quarter of 2022. The company will act as a key Eastern…
SYDNEY, AUSTRALIA: PEXA Insights, has agreed to make its second strategic investment to acquire an interest of up to 25% in Elula – an Australian artificial intelligence (AI) technology company. PEXA Group Limited (PEXA) is the operator of the world’s…
LONDON, UK: Foxtons Group plc (LSE: FOXT), London’s leading estate agency, has acquired two estate agents including IMM Properties Ltd, trading under the name Gordon & Co in South London; and Stones Residential (Stanmore) Holdings Ltd in Stanmore, North London…
LONDON, UK: concerned over insufficient returns, Johnson Matthey Plc (JM) has entered into an agreement for the sale of part of its Battery Materials business to EV Metals Group, a global battery chemicals and technology business. The Battery Materials business…
SYDNEY, AUSTRALIA: Westpac and BT Funds Management Limited (Trustee) have entered into a Heads of Agreement to merge, through a successor fund transfer (SFT), BT’s personal and corporate superannuation funds with Mercer Super Trust. Additionally, Westpac has entered into an…