SYDNEY, AUSTRALIA: Alloggio Group Limited (ASX: ALO) has exchanged a binding agreement to acquire the entire issued share capital in Great Ocean Road Accommodation Centre (Great Ocean Road Holidays) for $8.0 million payable in cash. Settlement of the acquisition is expected to occur by the end of this week. Great Ocean Road Holidays was established…
Corporate Travel Management signs deal to acquire Helloworld for $175mn
MELBOURNE, AUSTRALIA: Corporate Travel Management (ASX: CTD) has entered into a binding agreement to acquire 100% of Helloworld Travel (ASX:HLO) corporate and entertainment travel business in Australia and New Zealand for an enterprise value of $175 million. Completion of the acquisition is expected to occur in Q1 2022 and is subject to a number of…
LiveTiles acquiring digital workplace software company, BindTuning
SYDNEY, AUSTRALIA: LiveTiles Limited (ASX:LVT) has entered into a binding agreement for a strategic investment into BindTuning, a leading digital workplace software company, headquartered in Portugal. LiveTiles has entered into a binding agreement to acquire 100% of issued capital in BindTuning over a 24-month period, with an initial payment of $540k for a 19.99% stake…
GrandVision signs deal to acquire Swedish optical retailer Smarteyes
SCHIPHOL, THE NETHERLANDS: GrandVision N.V., part of the EssilorLuxottica group, and Synoptik Foundation together have entered into an agreement with Mellby Gård AB to acquire the Swedish optical chain Smarteyes through their subsidiary Synoptik A/S, a news release said. The closing of the transaction is subject to customary regulatory approvals. The financial terms of this…
MAF buys BNK’s mortgage broking business, Finsure for $151.6mn
SYDNEY, AUSTRALIA: MA Financial Group Limited (ASX:MAF) will acquire 100% of BNK Banking Corporation‘s mortgage broking aggregator subsidiary, Finsure Holding and related aggregation division subsidiaries for consideration of $151.6 million in cash. A share sale agreement has been signed between the two parties in this regard. Completion of the proposed transaction is subject to the…
Falcon Metals demerge from Chalice Mining
SYDNEY, AUSTRALIA: Chalice Mining Limited (OTCQB: CGMLF) notified the demerger of Falcon Metals Ltd (ASX: FAL) from Chalice has been completed. The in-specie distribution of Falcon Shares to eligible Chalice shareholders was completed in conjunction with the issue of shares to participants in the $30 million Initial Public Offering undertaken by Falcon. Falcon is expected…
Nick Hamilton appointed MD & CEO of Challenger Limited
SYDNEY, AUSTRALIA: Challenger Limited (ASX: CGF) announced the appointment of Nick Hamilton as Managing Director and Chief Executive Officer, succeeding Richard Howes whose retirement was announced in August 2021. Nick Hamilton will commence in his new role on 1 January 2022 and Mr Howes will remain available for the first quarter of 2022 to ensure…
Tips for Creating the Perfect SMS Marketing Campaign
Just because you’re a talented marketer, it doesn’t necessarily mean that you’re obligated to have tons of experience when it comes to SMS marketing. Generally speaking, a lot of people nowadays use SMS to communicate with each other. That’s precisely why text marketing is extremely beneficial. Experienced marketers share this opinion, which is why they’ve…
VGP appoints Aurélien Coudert to expand Group’s portfolio in France
ANTWERP, BELGIUM: VGP N.V. has entered the French market with the opening of its first office in Lyon and appointed Aurélien Coudert as Country Manager for VGP France. VGP N.V. is a pan-European provider of high-quality logistics and semi-industrial real estate. Aurélien Coudert started on 1 December within the VGP team and will be responsible…
Neoen begins constructing 100 MW battery in Australian Capital Territory
SYDNEY, AUSTRALIA: Neoen has provided notice to proceed to battery storage experts Doosan, signaling the start of construction of its 100 MW/200 MWh Capital Battery. The project is located next to TransGrid’s Queanbeyan substation, which is in the Australian Capital Territory (ACT). The ACT is an internationally recognized 100% renewable electricity jurisdiction, focused on reaching…
FirstFarms acquires Hungary-based Try-Béta for DKK 26 million
COPENHAGEN, DENMARK: FirstFarms A/S has entered into agreement to acquire 100% of the Hungarian company Try-Béta Kft. regarding land leases and crop production, silo plant and machinery. The purchase price is DKK 26 million. The purchase agreement is conditional to final due diligence and the trade is expected to be completed by the end of…
Moody’s upgrades Tritax Big Box REIT credit rating outlook to positive
LONDON, UK: Moody’s Investor Services has improved the Tritax Big Box REIT outlook to Baa1 (positive) from Baa1 (stable) and reaffirmed the company’s long-term corporate credit rating. This reflects the Company’s growing scale, continued focus on high-quality logistics assets, supported by even stronger sector fundamentals and the benefit of controlling and owning the UK’s largest…