LONDON, UK: Saietta Group announced the acquisition of e-Traction Europe B.V. from the Evergrande New Energy Automotive group. Saietta has acquired 100% of the Netherlands based electric drive train manufacturer e-Traction from the Evergrande New Energy Automotive group for a…
LONDON, UK: ProPhotonix Limited, a designer and manufacturer of LED illumination systems and laser diode modules with operations in Ireland and the United Kingdom, has reached an agreement, wherein Exaktera will ProPhotonix for an aggregate consideration of approximately $11.6 million….
OSLO, NORWAY: AqualisBraemar LOC Group (ABL Group) has entered into an agreement to acquire the UK operations of ship design and marine consultancy company OSD-IMT from Damen Shipyards Group. The acquisition is projected to be completed by the end of…
ABU DHABI, UAE: Al Ain University (AAU) and BHM Capital, leading UAE financial services company, inaugurated a virtual trading room at the university, with the aim of refining students’ skills and developing their cognitive abilities in the fields of investment,…
WELLINGTON, NEW ZEALAND: Xero Limited is acquiring LOCATE Inventory or LOCATE (the trading name of New Tack Inc), a US cloud-based inventory management provider, to better support the inventory needs of small business and enhance its ecommerce capability. The acquisition…
LONDON, UK: Permanent TSB (PTSB) has agreed the sale of a loan portfolio to Morgan Stanley Principal Funding Inc. Permanent TSB is a wholly owned subsidiary of Permanent TSB Group Holdings. Morgan Stanley intends to securitise the loan portfolio following…
LONDON, UK: John Menzies plc, the global aviation logistics specialist, announced that Menzies Aviation has secured a significant contract win with Mexico’s flagship carrier and largest international airline, Aeromexico, which includes ground services at 15 airports across the country. As…
SYDNEY, AUSTRALIA: Calix Limited announced the appointment of seasoned Calix executive Dan Rennie as CEO of the “LEILAC Group” – Calix’s CO2 mitigation business. Calix CEO Phil Hodgson said “After an extensive global search program via an executive search firm,…
LONDON, UK: Saint-Gobain has acquired a minority stake in Livspace, a digital-first company that is rapidly growing in India and South-East Asia. Livspace is a digital-first intermediation platform offering end-to-end solutions for home interiors, from design to installation. Founded in…
LONDON, UK: Network International Payments (Network) announced the sale of its 50% shareholding in Transguard Cash LLC (TG Cash) to Transguard Group LLC, which will generate a total of approximately $74 million in cash. “Holding in TG Cash to be…
LONDON, UK: Vodafone Group has agreed to transfer its 55% shareholding in Vodafone Egypt to Vodacom Group Limited, its sub-Saharan African subsidiary. This transfer simplifies the management of Vodafone’s African holdings and further strengthens the delivery of connectivity and financial…
LONDON, UK: Glanbia plc and Glanbia Co-operative Society Limited have signed a non-binding memorandum of understanding (MOU) for the sale of the 40% interest in Glanbia Ireland DAC to Glanbia Co-op for a purchase price of €307 million. Commenting today,…