LONDON: Premier Foods has agreed to acquire 100% of The Spice Tailor shares for initial consideration of £43.8 million on a cash free and debt free basis. The Spice Tailor is expected to generate revenue of £17.3 million in FY22/23. The Spice Tailor is the premium, authentic Indian and South East Asian meal kits and…
Airtel Africa announces $40mn Kenya spectrum acquisition
LAGOS, NIGERIA: Airtel Africa, a leading provider of telecommunications and mobile money services, with a presence in 14 countries across Africa, announces that its Kenya subsidiary, Airtel Kenya Networks Limited (Airtel Kenya), has purchased 60 MHz of additional spectrum in the 2600 MHz band from the Communications Authority of Kenya, for a gross consideration of…
SIG Plc has acquired Miers Construction Products for upto £34.7mn
LONDON, UK: SIG Plc, a leading supplier of specialist insulation and sustainable building products to customers across Europe, has acquired the entire issued share capital of Miers Construction Products Limited (MCP) for an initial cash consideration of £28m on a debt-free and cash-free basis. A further contingent cash payment of up to £6.7m will be…
Begbies Traynor acquires Mantra Capital for £18 million
LONDON, UK: Begbies Traynor Group announced the acquisition of Axiom Consulting & Investments Limited and Ellayaan Limited and their subsidiary undertakings, which together trade as Mantra Capital, a London-based property finance brokerage. Highlights of the acquisition · Initial consideration of £4.5m comprised of £4.0m in cash from the group’s existing facilities and the issue of 352,361…
Huawei Announces a New Versatile Suite of Cloud Solutions
BEIJING, CHINA: Huawei’s President of Marketing and Solution Sales Dept, Peng Song and Director of IT Marketing & Solution Sales, Chen Xuejun highlighted opportunities for operators to adopt cloud transformation at Huawei Global Carrier Cloud Transformation Summit followed by the announcement of Huawei’s first suite of global scenario-based cloud solutions. Peng Song, spoke about the…
7 Hidden Digital Marketing Secrets Every Business Owner Should Know
Digital marketing is a huge industry, and it’s constantly changing. If you’re not up to date on the latest digital marketing trends, you’re going to be left behind. In this blog post, we will discuss 7 hidden digital marketing secrets that every business owner should know. These secrets will help you improve your online presence…
PPE worn in business
Personal protective equipment (or PPE) can help lower the damage workers suffer in an accident. This is particularly important in a business where there are risks and hazards in the working environment. But sometimes it can be difficult to know what PPE you need and when. Below, we explore the jobs that need PPE and…
Eco Hotels UK buys 68% of Sharad Fibres & Yarn in India
LONDON, UK: Eco Hotels UK Plc has acquired a 68% stake in the India’s BSE (Bombay Stock Exchange) listed Sharad Fibres & Yarn Processors Limited, triggering an open offer. Eco Hotels is the world’s first Carbon Net Zero premium value hotel brand, a statement noted. This acquisition is part of the capital raise of £10 million to initiate…
Data Safety – How To Securely Store Sensitive Information
As the amount of data we create and the store continues to grow, so does the need to keep that data safe. Whether it’s personal information, financial records, or company secrets, there are plenty of reasons why you might want to keep your data out of the wrong hands. Fortunately, there are a number of…
Five benefits of starting a career while studying in a college
A career starting early in life does give a lot of scopes. These scopes are not always limited to age. Age is just a number. Over a gradual period, students globally want to pursue or start the initial stage of their careers. These prompts generally boost up their career at a later point in life….
Adevinta announces sale of Gumtree SA
OSLO, NORWAY: Adevinta ASA has signed an agreement for the sale of Gumtree South Africa (Gumtree SA), to Impresa Capital, majority Shareholder of Ignition Group. Ignition Group is one of Africa’s largest investors in technology, media, telecommunications and financial services. The transaction is subject to regulatory approval. Gumtree SA’s operations were classified as discontinued operations…
Vulcan Steel to acquire Ullrich Aluminium for A$149mn
SYDNEY, AUSTRALIA: Vulcan Steel (ASX: VSL) has signed a conditional sale and purchase agreement (SPA) with Gilbert Ullrich the founder owner of Ullrich Aluminium Company Limited to acquire 100% of the company for approximately A$149 million, which represents the projected book value of net assets and net debt as at 31 July 2022. Established 60…