LONDON, UK: Eco Atlantic Oil & Gas has signed a Memorandum of Understanding (MOU) to acquire 100% of Azinam Group Limited including Azinam’s entire offshore asset portfolio, in return for a 16.65% equity stake in the enlarged group on completion of the acquisition. Azinam Group is a wholly owned subsidiary of Azinam Holdings Limited (“Vendor”),…
TT Electronics buys Power and Control business of Ferranti P&C
LONDON, UK: TT Electronics, a global provider of engineered electronics for performance critical applications, has acquired the Power and Control business of Ferranti P&C, from Elbit System UK Ltd for £9.0 million in cash. Ferranti P&C, based in Greater Manchester, designs and manufactures mission-critical complex power and control sub-assemblies for blue chip customers in high-reliability…
SuperSeed Capital plans listing on AQSE Growth Market
LONDON, UK: SuperSeed Capital Limited expressed intention to list its ordinary shares to trading on the Access Segment of the Aquis Stock Exchange Growth Market (AQSE Growth Market). Admission is targeted for January 2022. SuperSeed Capital will be a feeder fund, investing as a limited partner of SuperSeed Ventures second fund, SuperSeed II LP (“Fund…
Gateley Holdings acquires Adamson Jones Holdings for £2.5mn
LONDON, UK: Gateley Holdings, the legal and professional services group, has acquired Adamson Jones Holdings Limited for a total consideration of £2.5 million. Under the terms of the Acquisition agreement, Gateley will pay consideration of £2.5 million, which will be paid in full on completion, will be satisfied as to 50% in cash and as to 50% by…
Longevity biotechnology firm, Genflow Biosciences announces IPO on LSE
LONDON, UK: Genflow Biosciences, a UK-based biotechnology company focused on longevity and the development of therapies to counteract the effects of aging and diseases associated with advanced age, has announced intention to seek a listing of its ordinary shares to the Standard Listing segment of the London Stock Exchange. The company will become the first…
Kiet Huynh appointed CEO of Rotork plc
LONDON, UK: Rotork plc announced the appointment of Kiet Huynh as Chief Executive Officer (CEO). Kiet is currently Managing Director of the Group’s Water & Power and Chemical, Process & Industrial (CPI) divisions. He joins the Rotork Board and assumes the role of CEO with immediate effect. In August 2021, the Company announced that Kevin…
Michael Davidson appointed CEO of Desert Control Americas Inc.
STAVANGER, NORWAY: Michael Davidson, Ph.D., has joined Desert Control as CEO of Desert Control Americas Inc. Michael Davidson has 30 years of experience within the agriculture sector in the U.S. with a track record that includes senior leadership positions for start-up companies as well as growing established organizations in the agricultural industry with a focus…
Sodexo has agreed to acquire Frontline Food Services
PARIS, FRANCE: After acquiring food-tech start-up Foodee and commissary kitchen model Nourish.Inc in 2021, and the continued expansion of The Good Eating Company, Sodexo has agreed to acquire Frontline Food Services, an important player in the fast-growing convenience market in North America. With the acquisition of Frontline, Sodexo will broaden its multi-channel offerings, including click…
Sequoia Financial Group acquires legal practice business
SYDNEY, AUSTRALIA: Sequoia Financial Group has acquired the incorporated legal practice business previously known as Topdocs Legal Pty Ltd (TDL) now renamed Docscentre Legal Pty Ltd (DCL). The $330K purchase price will be funded from existing cash reserves TDL has been a national provider of specialised legal services, focusing on advice solutions for SMSFs, business…
Incitec Pivot Limited to acquire Titanobel Group for €91mn
SYDNEY, AUSTRALIA: Incitec Pivot Limited (IPL) has entered into an agreement to acquire 100% of the shares in Explinvest, the holding company of the Titanobel Group for a purchase price of €91 million. The transaction is expected to complete by June 2022. Titanobel is a leading industrial explosives manufacturer and drilling, blasting and technical services…
How Exchange Traded Fund (ETF) different from stocks?
The Exchange Traded Fund (ETF) is a type of tradable security that can be purchased or sold on a stock exchange the same way a regular stock. ETFs track various indices, sector, commodities, real estate and other assets. Equity market or stock exchange, also called securities exchange is a place where shares of pubic listed…
What is Corporate Finance?
Corporate finance is essential for any business. The financial activities of a firm are dealt with by corporate finance. It might be considered while choosing finances sources and considering the company’s capital structure. The target of any corporate finance is to increase shareholder value through varied strategic planning and execution. Corporate finance assists a company…