OSLO, NORWAY: Elop AS has agreed the principal terms of an agreement where Elop is to acquire 65 percent of the shares of fast-growing electrical contractor Hadeland Elektro AS for a total consideration of NOK 24.7 million, of which 60 percent will be settled in Elop shares valued at NOK 2.80 per share, a statement…
Charter Hall Retail REIT expands Long WALE Convenience Retail portfolio with $101.7mn acquisitions
SYDNEY, AUSTRALIA: Charter Hall Retail REIT (ASX: CQR) has expanded its Long WALE Convenience Retail portfolio and increased income from triple net (NNN) leases directly linked to CPI. CQR has acquired a portfolio of 18 Gull service stations in New Zealand and further expanded its partnership with Ampol Ltd, acquiring a 5% interest in an…
Orica to acquire Axis Mining Technology for up to A$350 million
SYDNEY, AUSTRALIA: Orica Limited (ASX: ORI) has entered into a binding agreement to acquire 100% of the share capital in the entities that own Axis Mining Technology for A$260 million in cash. In addition, a deferred earn-out payment up to a maximum A$90 million (the Earn-Out) is payable based on Axis’ cumulative EBITDA generated from…
Antilles Gold lists on Frankfurt Stock Exchange
SYDNEY, AUSTRALIA: Antilles Gold Limited has been listed on the Frankfurt Stock Exchange (FSE Code: PJT). The listing will assist trading by a number of investors in Germany, Switzerland, and Austria who are showing interest in Antilles Gold’s activities and growth potential in Cuba. Approximately 15% of the shares applied for in the current placement…
Burgundy’s Maison Mazerea brand strategy secures sales agreements
SYDNEY, AUSTRALIA: Burgundy Diamond Mines Limited (ASX: BDM) provides an update on the progress of the sales strategy driven by its ultra-luxury diamond brand, Maison Mazerea. Further Sales Agreements Having been launched in Paris in July, the successful establishment of the Maison Mazerea brand provides the platform and market positioning to commence sales of an…
Growthpoint Properties Australia will acquire Fortius Funds Management.
SYDNEY, AUSTRALIA: Growthpoint Properties Australia has entered into an agreement under which it will acquire 100% of the shares in Fortius Funds Management. Transaction overview • Fortius is one of Australia’s leading family-owned private real estate funds management businesses with an established track record of investing in Australian real estate markets and generating strong returns…
TotalEnergies, Corio Generation and Qair join forces to bid for Mediterranean Sea wind tender
PARIS, FRANCE: A consortium of TotalEnergies, Corio Generation and Qair has been pre-selected by the French Directorate General for Energy and Climate (DGEC) to participate in a competitive tender to develop two floating windfarms in the Mediterranean Sea. The two projects of about 250 MW each could supply enough clean energy to meet the annual…
Pennant International signs sale of its facility known as Pennant Court
LONDON, UK: Pennant International Group plc (AIM:PEN), a leading global provider of training technology and integrated product support solutions, announces that it has exchanged contracts for the sale of its facility known as Pennant Court. With the Group’s increasing software focus and reduced reliance on resource-intensive hardware engineering activities, earlier this year the Board commissioned…
Glenveagh Properties has acquired Harmony Timber Solutions Limited
LONDON, UK: Glenveagh Properties plc, a leading Irish housebuilder, has acquired Harmony Timber Solutions Limited, a Wicklow-based timber frame manufacturer. Harmony employs over 50 people and operates from a purpose-built state-of-the art facility capable of producing 450 high-quality timber frames per year. The acquisition will significantly increase Glenveagh’s overall delivery capability and accelerate the supply…
Zinc Media Group to acquire The Edge Picture Co Limited
LONDON, UK: Zinc Media Group has conditionally agreed to acquire the entire issued and to be issued share capital of The Edge Picture Co Limited, for an initial consideration of £2.1 million, a bourse filing noted. The consideration comprises initial consideration of £1.56 million in cash and £0.54 million to be satisfied by the issue…
iomart Group agrees to acquire Concepta Capital for upto £14.5mn
LONDON, UK: iomart Group plc (AIM: IOM), the cloud computing company, has agreed to acquire the entire issued share capital of Concepta Capital Limited, a holding company of a group of companies which includes the ORIIUM and Pavilion IT brands, for an initial cash consideration of £10.5 million. The maximum consideration payable for Concepta is…
Keywords Studios acquires Australia-based Mighty Games for AUD 10mn
LONDON, UK: Keywords Studios has acquired Mighty Games Group. Under the terms of the Mighty Games acquisition, Keywords will pay a maximum amount of AUD$10.0m, comprised of initial cash consideration of AUD$4.8m, the equivalent of AUD$1.2m in new ordinary shares to be issued within 30 days of completion, and up to AUD$4.0m, in a mix…