SYDNEY, AUSTRALIA: Swoop Holdings Limited (ASX: SWP) has agreed to acquire Telco Pay trading as Moose. The purchase price for the acquisition comprises: • $16.15 million payable in cash on Completion (subject to customary net debt and working capital adjustments); • $2.85 million in cash to be paid into escrow and released to the Sellers…
Kazatomprom announces departure of CEO, Mazhit Sharipov
LONDON: JSC National Atomic Company “Kazatomprom“, the world’s largest uranium producer, announces that Mr. Mazhit Sharipov will be departing from his roles as the Company’s Chief Executive Officer (“CEO”) and Chair of the Management Board, and will resign from Kazatomprom’s Board of Directors, for personal reasons effective 04 July 2022. Kazatomprom’s Chief Operating Officer, Mr….
Pantheon Infrastructure agrees to invest $34.7mn in Vantage Data Centers
LONDON, UK: Pantheon Infrastructure Plc, the listed global infrastructure fund, has agreed to invest $34.7m (£28.6m at current exchange rates) in Vantage Data Centers, one of the leading providers of wholesale data centre infrastructure to large enterprises and hyperscale cloud providers. The investment will support Vantage’s North American business’ capital needs as the business continues…
ContourGlobal sold its Brazilian hydro-electric Business
LONDON: ContourGlobal plc completed the previously announced sale of its Brazilian hydro-electric generation business to Infraestrutura Brazil Holding XVII S.A. and Infraestrutura Brasil Holding XIX S.A. (“Pátria Investments”). The Brazilian Hydro Business comprises nine run-of-river hydro-electric generation assets with 168MW of gross capacity. The Brazilian Hydro Business was divested for BRL 1.74bn including the assumption…
Eurowag completes the acquisition of WebEye Telematics
LONDON, UK: W.A.G payment solutions plc (Eurowag), a leading pan-European integrated payments & mobility platform focused on the Commercial Road Transportation industry (CRT), has completed the acquisition of substantially all of the assets of WebEye Telematics Zrt., a leading Fleet Management Solution provider in Central and Eastern Europe, from the Seller. WebEye has an established…
Personal Group acquires Quintige Consulting Group for $0.9mn
LONDON, UK: Personal Group Holdings (AIM: PGH), the workforce benefits and services provider, announced the acquisition of Quintige Consulting Group Limited (QCG), a leading employee experience and reward consultancy, for a cash consideration of £0.9 million, a statement said. Quintige Consulting Group Limited (QCG) was founded in 2000 and has become a leading HR consultancy…
TGS acquires Prediktor
OSLO, NORWAY: TGS ASA, a global provider of energy data and intelligence, has acquired Prediktor AS, a leading provider of asset management and real-time data management solutions to renewable and energy asset owners. Established in 1995, the company has carried out thousands of installations on mission-critical industrial and energy assets on all seven continents, enabling…
Azelis Group to acquire distribution assets of Ak-taş in Turkey
BRUSSELS, BELGIUM: Azelis Group, a leading global innovation service provider in the specialty chemicals and food ingredients industry, has signed an agreement to acquire the specialty lubricant (L&MWF1) distribution assets of Ak-taş in Turkey. The transaction includes the oil additive business of Ak-taş as well as the base oil distribution business of Whitechem, a subsidiary…
Ascential plc acquires Intrepid E-Commerce for up to $250mn
LONDON, UK: Ascential plc (LSE: ASCL.L) has acquired Intrepid E-Commerce Services Pte. Ltd., a provider of eCommerce execution services to brands in South East Asia, a statement noted. The acquisition is for an initial cash consideration of US$57m, plus deferred consideration payable over four years, contingent on meeting certain financial targets, resulting in an estimated…
WPP to acquire marketing technology leader Bower House Digital
LONDON, UK: WPP Plc has agreed to acquire the business of Bower House Digital, a leading marketing technology services agency located in Australia, a bourse filing noted. Bower House Digital will join Ogilvy’s global network, further strengthening its ability to deliver technology-driven marketing solutions for clients. Founded in 2017 by Bryan Dobson and Meg Quinn,…
Atturra and MOQ to merge creating Australia’s largest IT Services businesses
SYDNEY, AUSTRALIA: Atturra Limited (ASX: ATA) and MOQ Limited (ASX: MOQ) have entered into a binding Scheme Implementation Deed (SID) under which Atturra Holdings will acquire 100% of the ordinary shares in MOQ pursuant to a scheme of arrangement. If the Scheme is implemented, MOQ shareholders will receive total cash consideration of $0.05 per MOQ…
Where to Find Investment Opportunities in the Gambling Industry
Gambling has a reputation for being a high-risk/high-reward way to win money, but there are other opportunities apart from playing the games. The world of gambling has been enjoying a meteoric rise in popularity, partly boosted by improvements in technology. The other reason for the heightened appetite is the changing demographic. There is now a…