LONDON, UK: Mitie Group plc has acquired P2ML, a specialist telecoms tower design house, which will further expand its Telecoms Acquisition, Design and Construction (ADC) capabilities following the acquisition of DAEL Telecoms last year. P2ML has market leading expertise in providing design, construction, inspection and maintenance services for cellular telecoms infrastructure, enabling major network operators…
Lords Group acquires plumbing and heating businesses,DH&P for £9.3mn
LONDON, UK: Lords Group, a leading distributor of building materials in the UK, has acquired a 90% interest in the leading plumbing and heating businesses, DH&P Trade Counters Holdings Limited and DH&P HRP Holdings Limited (together ‘DH&P’), for a total consideration of £9.3 million. The remaining 10% interest in DH&P’s issued share capital will be…
Brickell PC Insurance to acquire Randall & Quilter in a £482mn deal
LONDON, UK: Brickell PC Insurance Holdings agreed the terms of a recommended cash acquisition of the entire issued ordinary share capital of Randall & Quilter Investment Holdings (R&Q) as well as $100 million of new equity funding. The acquisition will be undertaken by way of a merger under the Bermuda Companies Act. Under the terms…
Etalon to acquire YIT Corporation’s Russian business for RUB 4.59 billion
MOSCOW, RUSSIA: Etalon Group Plc, one of Russia’s largest and longest-established development and construction companies, announced that its Board of Directors has reviewed and approved the strategic acquisition of YIT Corporation’s Russian business for a maximum consideration of RUB 4,597 million. Etalon Group together with YIT Corporation have agreed on the sale of YIT Russia….
Cash Converters appointment new Non-Executive Chairman, new Independent Director
SYDNEY, AUSTRALIA: Cash Converters International Limited (ASX: CCV) advised that Mr Jason Kulas will step down as Non-Executive Director and Chairman with effect from 1 April 2022. Mr Kulas was appointed to the Board and as Chairman in August 2020 as a nominee of major shareholder EZCORP, Inc., pursuant to the Subscription Agreement dated 17…
ZOONO Group appoints Barry Woolcott as new Group CEO
SYDNEY, AUSTRALIA: ZOONO Group Limited (ASX: ZNO), a global biotech company, has announced the appointment of Mr. Barry Woolcott as Group Chief Executive Officer (CEO). Following an extensive executive search, Mr. Woolcott joined Zoono in September 2021, initially as Global General Manager, with the intention that, at a mutually agreed date, he would assume the…
R8 Property makes transformative acquisition in Oslo
PORSGRUNN, NORWAY: R8 Property ASA has entered into an agreement with Skanska Commercial Development Norway to acquire Parallell, a sustainable and modern office property located in Økern, Oslo. The 19,000 square meters and 15 storey building was completed in 2020. The transaction, which is expected to be completed in November 2022, is based on a…
Day Trading Tips and Strategies From the Pros
Many traders now focus all their effort on day trading, and it’s generating good profit. However, others claim that traders are more likely to lose money than make money. It’s true that day trading involves some risk, which is why it’s essential to educate yourself with a plethora of strategies and techniques before getting into…
Moody’s withdraws credit ratings
MOSCOW, RUSSIA: Metalloinvest, a leading global iron ore and HBI producer and supplier, and one of the regional producers of high-quality steel, today announces that Moody’s Investors Service (“Moody’s“) withdraws the Company’s credit ratings, including long-term corporate family rating of JSC Holding Company Metalloinvest and backed senior unsecured rating of Metalloinvest Finance D.A.C. According to…
PayPoint announces investment in Optus Homes
LONDON, UK: PayPoint has announced a £750k investment in Optus Homes, a leading app for tenants to manage their home rental account. The deal will see the PayPoint Group make an investment in the company, building on the recently-signed commercial partnership positioning PayPoint as the preferred payment provider within the app. The investment strengthens PayPoint’s…
Vortex Energy appoints Ana Peris Caminero as Chief Operating Officer
MADRID, SPAIN: Vortex Energy, a leading renewables-focused investment vehicle in Europe, managed by the private equity arm of EFG Hermes, has appointed ‘Ana Peris Caminero’ as its Chief Operating Officer (COO) and member of the Investment Committee. Caminero will be responsible for running the operational and asset management practice of Vortex Energy, overseeing and managing…
Tate & Lyle to acquire Quantum Hi-Tech for $237 million
LONDON, UK: Tate & Lyle has signed an agreement to acquire Quantum Hi-Tech (Guangdong) Biological Co., a leading prebiotic dietary fibre business in China from ChemPartner Pharmatech for a total consideration of US$237 million, a bourse filing noted. Nick Hampton, Chief Executive at Tate & Lyle, said: “We are delighted to announce the agreement to…