LONDON, UK: Pearson plc, the world’s leading learning company, has acquired Credly, the market leader in digital credentials and certifications for the workforce. The purchase price for Credly, including Pearson’s existing stake, represents a total value of $200m, which will be funded from Pearson’s existing cash and available liquidity. This comprises a total upfront consideration…
Ebiquity plc acquires Canada based Forde and Semple Media Works
LONDON, UK: Ebiquity plc announced the acquisition of Forde and Semple Media Works, the leading media performance consultancy in Canada. Forde and Semple has a well-established domestic blue chip client base and a long-standing relationship with Ebiquity in support of projects covering Canadian media. It had revenues of CAD $1.1m in the financial year ended…
Marc Bishop Lafleche appointed CEO of Anglo Pacific Group
LONDON, UK: Anglo Pacific Group announced the appointment of Mr. Marc Bishop Lafleche as Chief Executive Officer, with effect from 1 April 2022, following a thorough succession process. Mr. Bishop Lafleche succeeds Mr. Julian Treger who will step down from the role and the Board on 31 March 2022, as previously announced. Mr. Bishop Lafleche…
Kalera AS to go public on NASDAQ through merger with Agrico Acquisition Corp
HOUSTON, TEXAS: Kalera AS, one of the preeminent leafy green vertical farming companies and a leader in plant science for producing high-quality produce in controlled environments, and Agrico Acquisition Corp., a special purpose acquisition company (SPAC), today jointly announced that they have entered into a definitive merger agreement. As a result, Kalera will transition from…
The Asset magazine ranks Qatar Insurance as Top Investment House
DOHA, QATAR: Qatar Insurance Company (QIC) has been ranked as the “Top Investment House” by The Asset magazine for the fourth year in a row. The survey ranked top investment houses in Asian G3 bonds (issued by Asian issuers in USD, EUR and JPY) based on the number of votes won where QIC garnered the…
Elektroimportøren Holding to acquire Elbutik.se for upto SEK 292.5 million
OSLO, NORWAY: Elektroimportøren Holding AS has signed a Share Purchase Agreement (SPA) to acquire 100% of the shares of Elbutik Scandinavia AB and its sister companies (Elbutik.se) from Lades AB in a deal that may bring the aggregate purchase price up to SEK 292.5 million. Elbutik.se is Sweden’s largest online player in the market for electric installation material and…
Avon Protection plc commences £18.5mn share buyback
LONDON, UK: Avon Protection plc intends to commence a share buyback programme in respect of its ordinary shares of £1 each up to a maximum consideration of £18.5 million. The purpose of the Share Buyback Programme is to reduce the share capital of the Group in order to return value to shareholders. Avon Protection plans…
Oxford Biomedica to acquire 80% stake in AAV Manufacturing and Innovation Business
LONDON, UK: Oxford Biomedica has entered into an agreement with Homology Medicines Inc. to acquire an 80 per cent ownership interest in a newly formed AAV focused manufacturing and innovation business, Oxford Biomedica Solutions LLC or Oxford Biomedica Solutions’ AAV Manufacturing and Innovation Business, at an implied pre-money enterprise value of approximately $175 million. Oxford…
Awilco LNG invests $7.0mn in CoolCo
OSLO, NORWAY: Awilco LNG (OSE: ALNG) has invested in Cool Company Ltd (CoolCo) through their recently announced private placement and been allocated 700.000 shares at total value of USD 7 million. Awilco LNG support consolidation of the LNG market and look forward to continuing working with CoolCo. The Board of Awilco LNG remains committed to…
Capita plc sells Trustmarque to One Equity Partners for £111 million
LONDON, UK: Capita plc has agreed to sell Trustmarque to One Equity Partners for £111m on a cash free, debt free basis. Taking into account cash-like and debt-like items, Capita expects to receive net proceeds of c.£115m at completion. An additional c.£3m is receivable by Capita contingent on certain future events. Trustmarque provides IT services…
ConvaTec Group agrees to acquire Triad Life Sciences
LONDON, UK: ConvaTec Group has entered into a definitive agreement to acquire Triad Life Sciences Inc, a US-focused medical device company that develops biologically-derived innovative products to address unmet clinical needs in surgical wounds, chronic wounds and burns. The initial consideration is $125 million with two potential additional payments of $25 million each relating to…
CEO Microsaic Systems, Glenn Tracey resigns
LONDON, UK: Microsaic Systems (AIM: MSYS), announced Glenn Tracey, has notified the Board that he will be stepping down from his role as Chief Executive Officer (CEO) with effect from the date of the company’s next Annual General Meeting, to pursue a non-competitive opportunity. Until that time, Glenn will remain as CEO and Director. Microsaic…