LONDON, UK: Safestore Holdings has acquired the remaining 80% of the equity owned by Carlyle Europe Realty (CER) in the Joint Venture formed in 2019. The total consideration paid to Carlyle was €67m. The total initial cash outflow is €139m and includes the share purchase (€67m), refinancing of the existing borrowings (€67m), transfer tax and…
BiON Plc sells BiON Ventures Sdn Bhd
LONDON, UK: BiON Plc (AIM: BION) has entered into an agreement to sell BiON Ventures Sdn Bhd (BVSB), its main operational subsidiary, to Minnos Ventures Inc, following completion of which the company would become an AIM Rule 15 cash shell.
Brickability Group buys Beacon Roofing Limited for £6.5 million
LONDON, UK: Brickability Group plc (AIM: BRCK), the leading construction materials distributor, announced the acquisition of Beacon Roofing Limited for a consideration of £6.5 million. Beacon Roofing Limited, founded in 1993, is a Surrey based roofing contractor that provides a full range of roofing services across the South East of England, predominantly for national house…
Royal Bank of Canada to acquire Brewin Dolphin Holdings for £1.6bn
LONDON, UK: RBC Wealth Management (Jersey) Holdings, a subsidiary of Royal Bank of Canada (RBC), has made a recommended all cash offer to acquire Brewin Dolphin Holdings. Under the terms of the acquisition, Brewin Dolphin shareholders will be entitled to receive 515 pence for each Brewin Dolphin Share. The acquisition values the entire issued and…
Planning to Invest in Moonbeam? Here Are Some Useful Tips
Moonbeam is a cryptocurrency that has seen a lot of growth in recent months. If you’re thinking about investing in it, you’ll want to read this blog post first! In it, we will discuss some of the things you need to keep in mind before buying Moonbeam. We’ll also provide some helpful tips for investing…
Aware Super acquires additional 24.9% interest in Lendlease Retirement Living Trust
SYDNEY, AUSTRALIA: Aware Super has entered into an agreement to acquire an additional 24.9 per cent interest in the Lendlease Retirement Living Trust, having purchased an initial 25 per cent interest in March 2021. The acquisition, for a consideration of $4901 million, is expected to complete today. Upon completion, Aware Super will hold a 49.9…
SHAPE Australia acquires modular construction business, KLMSA for$10.7mn
SYDNEY, AUSTRALIA: SHAPE Australia has entered into a contract to acquire a 100% interest in KLMSA, a modular construction business based in Kinglake, Victoria. The total consideration is circa $10.7 million. The transaction is anticipated to be completed in the next 24 hours and will be funded through a 3 Year Amortising Term Loan Facility….
Talga Group commissions Electric Vehicle Anode qualification plant in Sweden
SYDNEY, AUSTRALIA: Talga Group Ltd (TLG:ASX) has commissioned its Electric Vehicle Anode qualification plant in Luleå, Sweden. The EVA, understood to be Europe’s first Li-ion battery anode plant, will produce large scale commercial samples of Talga’s coated active anode material for battery customer qualification. The now operational plant was commissioned on time and within budget….
XRG launches virtual reality training solution for global law enforcement market
SYDNEY, AUSTRALIA: xReality Group Limited (ASX:XRG) announced the launch of Operator LE, Virtual Reality Training Solution for the global law enforcement market. Operator LE allows Police and Law Enforcement Officers (LEO’s) to train operational tactics and procedures within a portable, virtual reality environment. Complimenting existing training methods, the virtual reality system allows officers to train…
Oracle Power forms joint venture for green hydrogen project in Pakistan
LONDON, UK: Oracle Power Plc (AIM:ORCP), the international natural resources project developer, has entered in to a joint venture agreement with the Private Office of His Highness Shaikh Ahmed Dalmook Al Maktoum (represented through Kaheel Energy FZE, a wholly owned free zone company incorporated under the laws of Dubai, UAE), with the objective of advancing…
ABB signs agreement with Savannah as plans progress for zero emission lithium project in Europe
LONDON, UK: Savannah Resources plc, the European lithium development company, has signed a Memorandum of Understanding (MoU) with global technology leader ABB in connection with the previously announced Decarbonisation Study for the construction and operation of Savannah’s Barroso Lithium Project in northern Portugal. Savannah is undertaking a Definitive Feasibility Study (“DFS”) for the construction of…
Production commences at the Lubu Coking Coal Project
LONDON, UK: Contango Holdings Plc, the London listed natural resource development company developing the Lubu Coking Coal Project in Zimbabwe and the Garalo-Ntiela Gold Project in Mali, confirmed that production commenced at the Lubu site on 29 March 2022. Production is underway on Block 2, which was selected given the high-quality coking coal found at…