LONDON, UK: Taylor Maritime Investments (TMI) has agreed to acquire a 22.6% stake in Grindrod Shipping Holdings Ltd, a dual NASDAQ and Johannesburg Stock Exchange listed shipping business (NASDAQ: GRIN) for a cash consideration of $77.9m via a private, off-market…
LONDON, UK: SIMEC Atlantis Energy Limited (SAE) has agreed the sale of its subsidiary Green Highlands Renewables (GHR) for a total cash consideration of £3 million, payable in full on completion. Green Highlands Renewables (GHR) has successfully developed and commissioned…
PARIS, FRANCE: Omer-Decugis & Cie has bought 100% of the shares in French family business Anarex SAS, a wholesaler specialising in ethnic and exotic products and based in the Paris-Rungis International Market, a news release said. Omer-Decugis & Cie is…
OSLO, NORWAY: Aker BP has awarded contracts to alliance partners for front-end engineering and design (FEED) valued at approximately 440 million kroner. The contracts cover a new central platform on Valhall, as well as a new platform and tie-in of…
SYDNEY, AUSTRALIA: Audinate Group Limited (ASX:AD8) has signed an agreement to acquire the video business of Silex Insight SA, based in Belgium. The Silex video business produces video networking products for manufacturers of AV equipment. The acquisition will include an…
SYDNEY, AUSTRALIA: Viva Leisure Limited has completed the acquisition of eight Rebalance Pilates & Yoga studios and the Master Franchisor of the business. Rebalance Pilates & Yoga started as one studio in 2013 and quickly grew to 11 locations under…
MELBOURNE, AUSTRALIA: Orica Limited (ASX: ORI) has entered into an agreement to sell its Minova business to Aurelius Group (ETR: AR4), a European based investment firm, for A$180 million, a news release said. Orica Managing Director and CEO Sanjeev Gandhi…
ABU DHABI, UAE: International Holding Company (IHC) has formally agreed to the merger of its subsidiary Al Tamouh Investments with Al Qudra Holding, a news release said. The transaction will be completed through the transfer of shares in Al Tamouh…
ABU DHABI, UAE: ADNOC Distribution has formed an exclusive partnership with Cars Taxi. The five-year deal sees ADNOC Distribution as only supplier of fuel and lubricants for Cars Taxi’s 3,000+ strong fleet in UAE, a news release said. The contract…
SAN FRANCISCO: UpCounsel CEO KJ Erickson, a 4-time founder and Y Combinator, Stanford and Oxford Alumna, became the first female CEO to raise over $3.9 milion in a Regulation Crowdfunding campaign on Wefunder, the most popular retail investor platform in…
LONDON, UK: Hilton Food Group has agreed to acquire a leading international smoked salmon producer, Dutch Seafood Company B.V., which trades as “Foppen”. The enterprise value of €90.0 million includes adjustments for net debt and net working capital. Foppen’s FY…
MELBOURNE, AUSTRALIA: Apollo Tourism & Leisure (ASX:ATL) and Tourism Holdings Limited (NZX:THL) have entered into a conditional Scheme Implementation Deed for the purpose of merging the two entities. The merger is proposed to be implemented by way of an Australian…