MUNICH: Saint-Gobain has entered into binding agreements for the sale of its specialist tile distributor in the UK – CTD Tile Group to Aurelius Investments. Completion is expected by the end of the first quarter of 2022. CTD Tile Group…
HAUGESUND, NORWAY: Reach Subsea announced that Wilhelmsen New Energy AS has entered into an investment agreement whereby Wilhelmsen has agreed to become a 21% shareholder in Reach Subsea through subscribing for NOK 150 million in a directed private placement. The…
HAUGESUND, NORWAY: Reach Subsea ASA, a provider of subsea services globally, has entered into an agreement with iSURVEY Holding AS to acquire ISURVEY Group AS, a provider of offshore high-quality survey services, for NOK 135 million. “With the acquisition of…
LONDON, UK: M&G plc has announced the acquisition of investment manager TCF Investment (TCF) to become a provider of model portfolio services. The deal has been approved by the FCA. TCF Investment becomes part of M&G Wealth and will be rebranded…
LONDON, UK: Fintel Plc (AIM: FNTL), the UK’s leading fintech` and support services business, has announced that Invesco, Hawksmoor and Royal London are amongst further partners to commit to multi-year agreements for its Managed Distribution Service. 20 partners have now…
LONDON, UK: Mondi plc has entered into an agreement to sell its Personal Care Components business (PCC) to Nitto Denko Corporation (Nitto) for an enterprise value of €615 million, which is also the approximate cash consideration payable to Mondi at…
LONDON, UK: Zephyr Energy plc (AIM: ZPHR), the Rocky Mountain oil and gas company focused on responsible resource development from carbon-neutral operations, has completed $36 million acquisition of non-operated working interests in currently producing and near-term production wells in the…
SYDNEY, AUSTRALIA: Swoop has entered into a conditional agreement to acquire Sydney based dark fibre provider Luminet in a $8 million deal, comprising $6.4 million in cash and $1.6 million in Swoop shares. The acquisition will be funded from existing…
WELLINGTON, NEW ZEALAND: Fonterra has agreed a strategic partnership with New Zealand’s Exchange (NZX) and the European Energy Exchange (EEX) to each take ownership stakes in Global Dairy Trade (GDT) alongside the Co-op. Subject to the approval of Boards, clearance…
AMSTERDAM: An agreement is reached between VIG and the Hungarian state holding Corvinus Nemzetközi Befektetési Zrt. (Corvinus) pursuant to which Corvinus is to acquire a 45% participation in the Hungarian VIG companies. The Hungarian VIG companies will be held through…
DUBLIN, IRELAND: Greencoat Renewables Plc, the renewable infrastructure company invested in euro-denominated assets, acquired Tullahennel wind farm in Ireland from funds managed by affiliates of Apollo Global Management, Inc. The windfarm is located in County Kerry, Ireland and consists of…
LONDON, UK: Automotive retailer Vertu Motors announced that Macklin Motors, the trading name for Vertu in Scotland, has been awarded the Toyota franchise in the West of Scotland from 1 April 2022. The Group intends to develop four dealerships in…