LONDON, UK: The Board of The Monks Investment Trust announced that heads of terms have been agreed for a proposed combination of the company with The Independent Investment Trust. The combination, if approved by each company’s shareholders, will be implemented through a scheme of reconstruction pursuant to section 110 of the Insolvency Act 1986, resulting…
Supreme Plc (AIM:SUP) acquires Cuts Ice Limited and Flavour Core Limited
LONDON, UK: Supreme Plc (AIM:SUP) announced the purchase of trade and assets of Cuts Ice Limited and Flavour Core Limited. Cuts Ice is an independent vaping manufacturer with major own brands as well as OEM manufacturing contracts, and Flavour Core is a flavour development and regulatory compliance business in e-liquids. Cuts Ice has also developed…
Coca-Cola HBC to acquire Three Cents, the adult sparkling beverage and mixer business, for €45mn
ZUG, SWITZERLAND: Coca-Cola HBC AG announced that its wholly-owned subsidiary, CC Beverages Holdings II B.V., has reached an agreement to acquire ESM Effervescent Sodas Management Limited from S.I.C.C Holding Limited, a wholly-owned subsidiary of IDEAL Holdings SA, a publicly-listed company in Greece. The agreed enterprise value amounts to €45 million, subject to certain closing adjustments….
Clean TeQ Water secures option to acquire Soane Labs’ Accelerated Dewatering Technology
MELBOURNE, AUSTRALIA: Clean TeQ Water Limited announced the signing of an exclusive global technology licence agreement with Soane Labs LLC for its Accelerated Dewatering Technology, known as ATA. The agreement provides Clean TeQ Water with an exclusive global licence to exploit the ATA technology, with an option to purchase the technology, at Clean TeQ Water’s…
Boeing to start deliveries of its 787 Dreamliners aircraft in few days
ARLINGTON, USA: Boeing (NYSE: BA) will resume deliveries of its 787 Dreamliners aircraft in the coming days, nation’s Federal Aviation Administration said on Monday. Deliveries of the wide-body jetliners have been suspended for much of the past two years as regulators and Boeing reviewed a series of manufacturing flaws. American could receive a new Dreamliner…
Seplat Energy gets ministerial consent to $1.28bn purchase of Exxon Mobil’s Nigerian entities
LAGOS, NIGERIA: Seplat Energy Plc, a leading Nigerian energy company listed on the Nigerian Exchange and the London Stock Exchange, has received Ministerial Consent to Seplat Energy Offshore Limited’s (a Seplat Energy subsidiary) for the cash acquisition of Mobil Producing Nigeria Unlimited (MPNU), Mobil Development Nigeria Inc (MDNI) and Mobil Exploration Nigeria Inc (MENI), being…
Registering a company in Hong Kong: is it possible?
Registration of a company in Hong Kong follows a clear algorithm of actions. To do this, it is useful to know not only the laws of Hong Kong, but also the procedure and list of documents that you will need to provide to open your business and avoid the majority of mistakes. The businessman is…
The Complete Guide to Hiring an iOS App Developer
The world of app development is constantly changing. With the invention of new technologies, the demand for developers who are skilled in these technologies also increases. There are many factors to consider before hiring an iOS app developer. The most important ones are their experience and expertise in the field, their location and their cost….
Macquarie Asset Management to acquire Suez Recycling and Recovery UK Group for €2.4bn
PARIS, FRANCE: Veolia (Paris:VIE) announced the execution of a unilateral put agreement whereby Macquarie Asset Management irrevocably undertakes to acquire 100% of the share capital of Suez Recycling and Recovery UK Group, regrouping Suez waste activities in the UK. The sale proceeds will amount to approximately €2.4 billion. The completion of this transaction allows to…
Couple-Owned Businesses and Divorce: A Legal Perspective
When a couple decides to divorce, one of the biggest questions they will face is what will happen to their business. If the couple owns a business together, they will need to figure out how to divide the assets and liabilities of the business in a way that is fair to both parties. There are…
Serabi Gold appoints Michael Lynch-Bell as non-executive Director and Chairman
LONDON, UK: Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian-focused gold mining and development company, announced the appointment of Mr Michael Lynch-Bell as a Non-executive Director and Chairman with immediate effect. The Company also announces that Mr Bañados, who has acted as Non-executive Chairman since June 2020, will continue in office as a Non-executive director. Mr…
Symphony signs agreement for Middle East manufacturing
LONDON, UK: Symphony Environmental Technologies Plc (AIM:SYM), global specialists in technologies that make plastic and rubber products smarter, safer and sustainable, announced the completion of a manufacturing agreement with Ecobatch Plastic Factory in the UAE. As reported on 1 August 2022, this Agreement is for production of our biodegradable d2w masterbatch, primarily for supply into…