LONDON, UK: Stelrad Radiator Group, a leading specialist manufacturer and distributor of steel panel radiators, is considering an initial public offering (IPO) and intends to publish a registration document today. Stelrad is considering applying for admission of the Ordinary Shares…
PALO ALTO: AppLovin Corporation, a leading marketing software company, has entered into a definitive agreement to acquire Twitter Inc.’s MoPub business for approximately $1 billion. The closing of the transaction is subject to customary conditions and regulatory approvals. “We are…
LONDON, UK: Falanx Group Ltd, the AIM listed cyber security company, has entered into an agreement to dispose of its Assynt Strategic Intelligence Division (Assynt) for an estimated cash consideration of £4.6 million to Cross Atlantic Solutions LLC (CAS). Falanx…
KARACHI: Air Link Communication is planning to incorporate a wholly owned subsidiary, Select Technologies (Pvt) Ltd, to take on additional mobile manufacturing of specific brands with an investment of Rs.500 million. For this purpose, Air Link Communication is increasing share…
STOCKHOLM, SWEDEN: Fabege AB has acquired SHH Bostad AB, a real estate development company with a focus on residential and local authority properties. Fabege’s strategy of optimising the value of its residential development rights portfolio is thereby being reinforced by…
PARIS, FRANCE: Eutelsat Communications has increased its shareholding in OneWeb for a consideration of $165 million, taking its shareholding from 17.6% to 22.9%. Eutelsat has exercised a call option on a portion of the latest OneWeb funding round subscribed by…
PARIS, FRANCE: Readly International AB, the European category leader within digital magazine subscriptions, has entered into an agreement to acquire 97.3% of the issued shares in Toutabo SA, a leading subscription provider in France and owner of the digital subscription…
OSLO, NORWAY: DFDS A/S has ordered 100 electric Volvo trucks for logistics network, which is Europe’s largest heavy-duty electric truck order to date. New electric Volvo trucks will be deployed throughout DFDS’ European logistics network during 2022 and 2023, a…
LONDON, UK: On 5 October 2021, Apax X Fund had signed a definitive agreement to acquire a majority ownership stake in Eating Recovery Center (ERC), a leading provider of eating disorder and mood and anxiety treatment in the US, in…
LONDON, UK: Xaar PLC, the leading inkjet printing technology group, has conditionally agreed terms with Stratasys Solutions Limited to sell Xaar’s interest in Xaar 3D to Stratasys. Stratasys Solutions Limited is a partner of Xaar Plc in 3D printing business….
PARIS, FRANCE: Rexel has reached agreement to acquire Mayer Electric, a major distributor of electrical products and services in the Eastern part of the USA, further building up its presence in the world’s leading market for electrical products and services…
MELBOURNE, AUSTRALIA: Swoop Holdings Limited’s wholly owned subsidiary has agreed to acquire Countrytell Holdings Pty Ltd, a regional connectivity provider based in Newcastle, New South Wales for $4.2 million. The consideration includes $1.47 million in cash at completion; $2.1 million…