AUCKLAND, NEW ZEALAND: Vista Group International Limited (ASX: VGL) announced the Vista Cinema has completed the acquisition of the assets of US cinema software business Retriever Software Inc. trading as Retriever Solutions. The purchase price of up to $6.5 million, some of which is conditional on post-completion performance targets, comprises cash and Vista Group shares,…
Increase the Value of Your Used Car With These 10 Upgrades
Buying a used car is often more cost-effective than a brand new purchase. One of the ways to maintain the value of your care is to add a few upgrades and keep the vehicle well maintained. The technology available to car owners is changing all the time, so by adding a few extras, you can…
Babcock to acquire remaining 50% of NSM joint venture
LONDON, UK: Babcock International Group has entered into a Sales and Purchase Agreement to acquire the remaining 50% interest in its Australian Naval Ship Management (NSM) joint venture from its long-term joint venture partner in Australia, for a consideration of AUD 60 million (approximately £32 million). The NSM joint venture was established in 2012 to…
Lords Group signs deal to acquire a branch of Grafton Merchanting
LONDON, UK: Lords Group’s subsidiary, Hevey Building Supplies Limited has signed an exclusivity agreement to acquire a branch of the timber and building materials business of Grafton Merchanting GB Limited (GMGB), currently operating from a single site in Sudbury, Suffolk. The total consideration payable of not more than £2.2 million will be met from the…
Ferrexpo appoints Jim North as permanent Chief Executive Officer
LONDON, UK: The Board of Directors of Ferrexpo plc (LSE: FXPO) announced the permanent appointment of Jim North as Chief Executive Officer (CEO) of the Group, effective immediately. Ferrexpo plc is the world’s 3rd largest exporter of high grade iron ore pellets to the global steel industry. Jim North has held the position as Acting…
Honeycomb Investment & Pollen Street Capital agree on all-share merger
LONDON, UK: The Board of Honeycomb Investment Trust and the shareholders of Pollen Street Capital Holdings Limited have reached agreement on the terms of a recommended all-share merger. Under the terms of the combination, holders of Pollen Street shares will be entitled to receive 29.472 million new Honeycomb shares for Pollen Street’s entire issued share…
Magnora ASA is acquiring 92% stakes in African Green Ventures
OSLO, NORWAY: Magnora ASA is increasing its focus in the South African solar and wind market by acquiring 92% of the renewable project development company African Green Ventures (AGV). The remaining 8% will be owned by AGV management. Simultaneously, Magnora is selling all its shares in Vindr AS to its founders and discontinues the development…
Virgin Group and Agilyx form partnership to produce lower carbon fuel
OSLO, NORWAY: Virgin Group and Agilyx are forming a strategic partnership to research and develop lower carbon fuel facilities to help address plastic pollution and the global transition to net zero. Virgin Group and Agilyx aim to reuse plastic waste to produce synthetic crude oil that will then be refined into a lower carbon fuel….
Protecht Group secures A$42mn Series A investment from Arrowroot
SYDNEY, AUSTRALIA: Protecht Group Holdings has secured an AUD $42 million investment from Arrowroot Capital to accelerate its product and growth strategies. Protecht has been redefining the way the world thinks about risk with the most complete, cutting-edge, and cost-effective SaaS solutions in the GRC market. Based in Sydney, Australia and founded in 1999, the…
TMK Energy completes the acquisition of Telmen Energy Limited
SYDNEY, AUSTRALIA: TMK Energy Limited (ASX: TMK) has completed the acquisition of Telmen Energy Limited and its 100% interest in the Gurvantes XXXV Coal Seam Gas Project. The issue of consideration securities to the shareholders of Telmen consist of: • 1,600,000,000 fully paid ordinary shares; • 600,000,000 Class A Performance Shares; • 600,000,000 Class B…
Halo Food to acquire digital health and wellness business, THM
SYDNEY, AUSTRALIA: Halo Food Co. Limited (ASX: HLF) has signed a binding conditional agreement to acquire The Healthy Mummy Holdings (THM) for $17.0mn plus an earn-out of up to $5.0mn. The Healthy Mummy is a leading digital health and wellness business. Upon completion of the acquisition, the vendors of THM being Whiteoak Pty Limited and…
BioPharma Credit to invest $325mn in Collegium Pharmaceuticals
LONDON, UK: BioPharma Credit (LSE: BPCR) t, through its fully owned subsidiary, together with BioPharma Credit Investments V (Master) LP, has provided Collegium Pharmaceutical Inc. (Nasdaq: COLL) a commitment to enter into a new $650 million senior secured term loan agreement. Proceeds from the new loan will be used to fund Collegium’s proposed acquisition of…