SANDNES, NORWAY: Horisont Energi AS and the Finnish energy company Helen Ltd have signed a memorandum of understanding for cooperation in the areas of hydrogen economy & carbon storage. The companies are jointly exploring the capture of carbon dioxide from power plant flue gases and the utilization, logistics and storage of the recovered carbon dioxide. “Carbon dioxide is a…
Pirum Systems secures new investor to accelerate its global growth strategy
LONDON, UNITED KINGDOM: Pirum Systems, a leading provider of post-trade automation and collateral management technology for the global securities finance industry, announced that Hg, a leading software and services investor, will become a significant shareholder in the company. Hg will share joint control with Pirum’s current backers Bowmark Capital, the technology and services investor, which invested…
Saint-Gobain divests its glass processing business in Denmark
LONDON, UK: Saint-Gobain has sold its regional glass transformation business Glassolutions in Denmark to the German glass manufacturer Semcoglas Holding GmbH. Glassolutions in Denmark employs approximately 160 people across 4 distribution sites and 2 production sites, with sales of around €30 million in 2020. This transaction is part of Saint-Gobain’s continued portfolio optimization strategy to…
SS&C Technologies signs agreement to acquire Hubwise Holdings
WINDSOR: SS&C Technologies Holdings Inc. (Nasdaq: SSNC) has entered into a definitive agreement to acquire Hubwise Holdings Limited. Hubwise is a regulated U.K. B2B investment platform serving advisers, discretionary wealth managers and self-directed digital D2C propositions. Under the terms of the Agreement, approved by the shareholders of Hubwise, SS&C will purchase Hubwise in an all-cash…
Hilton Food agrees to acquire Foppen for €90 million
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 2021 ended 31 March 2021 actual revenue of €139.7 million, adjusted underlying EBITDA of €10…
Apollo Tourism & Leisure to merge into Tourism Holdings Limited
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 Scheme of Arrangement conducted by Apollo whereby Tourism Holdings Limited (thl) acquires all outstanding shares…
Santos and Oil Search merger becomes effective
SYDNEY, AUSTRALIA: Santos announced that the merger with Oil Search is now effective following the approvals by Oil Search shareholders and the National Court of Papua New Guinea. Oil Search shareholders will receive 0.6275 new Santos shares for each Oil Search share held on the record date of 14 December 2021. Santos Chairman Keith Spence…
Eurofins Scientific acquires Japan based Genetic Lab
PARIS, FRANCE: Eurofins Scientific, the global scientific leader in bioanalytical testing and a leader in clinical diagnostics testing, announced a share purchase agreement with Transgenic Inc. to acquire Genetic Lab Co., Ltd. Genetic Lab Co. is a molecular biology based testing provider for diagnostics, biomarker development and drug discovery. The acquisition will further enhance Eurofins’…
Vulcan acquires geothermal renewable energy plant in Germany
SYDNEY, AUSTRALIA: Vulcan Energy Resources (ASX: VUL), has agreed to acquire an operational geothermal renewable energy power plant in the Upper Rhine Valley at Insheim, Germany. Vulcan Energy will acquire 100% of the shares in the entity which owns and operates the plant. A new Germany subsidiary of Vulcan, based in Karlsruhe, will be the…
Mayfield Childcare acquires Genius Learning for $39.2 million
SYDNEY, AUSTRALIA: The Board of Mayfield Childcare Limited (ASX:MFD) has acquired all 14 Genius Learning childcare centres across to Mayfield. The total acquisition costs is up to $39.2 million. The transaction significantly transforms both the size and scale of the business, positioning Mayfield as a leading Australian childcare operator, with a portfolio of 36 centres…
Legal Tips: What Is Negligence And Why Is It Important For Your Case?
If you’ve ever been injured in a car accident, an injury at work, or because of someone else’s carelessness, then it might be time to consider your legal options. There are two types of cases that apply here: negligence and intentional torts. Negligence is the broad term for any case where one person was careless…
Startup Legal Advice: Powerful Tips For New Small Businesses
Starting a new business can be thrilling and daunting at the same time. You have to take care of many things, from deciding on a name to determining what kind of entity you want your business to be. There are also legal considerations that come with starting a company. This blog post will cover some…