STOCKHOLM, SWEDEN: Medicover AB has signed an agreement to acquire CDT Medicus Group (CDT), a leading regional provider of medical services operating in the South Western Polish region of Legnicko-Glogowski Okreg Miedziowy (LGOM). Medicover acquires 100 per cent of the voting rights for EUR 54 million including assumed debt. The transaction value implies a low…
Virbac buys remaining 34% stake in Centrovet group for $43.7mn
PARIS, FRANCE: Virbac, an animal health pharmaceutical company, has bought 34% of the shares of the Centrovet group, thus increasing its stake to 100%. The consideration paid for the acquisition of this stake is US $43.7 million, paid in full and in cash upon closing, to which will be added, if applicable, an additional consideration…
Airtel’s Smartcash gets payment service bank licence in Nigeria
LONDON, UK: Airtel Africa, a leading provider of telecommunications and mobile money services with a presence in 14 countries across Africa, announced that its subsidiary SMARTCASH Payment Service Bank Limited (Smartcash) has been granted approval in principle to operate a payment service bank business in Nigeria. Final approval is subject to the Group satisfying certain…
Litera secures further investment from Hg
LONDON, UK: Litera, a global leader in legal technology solutions, announced that Hg, a leading software and services investor and supporter of the expansion of Litera since 2019, will lead a further investment in the business. Following this new investment, Litera will be well-positioned to continue on its long-term growth trajectory, receiving funding for further expansion into…
Stelrad Group prices IPO at 215 pence per share
LONDON, UK: Stelrad Group announces the successful pricing of its initial public offering (IPO) at 215 pence per Ordinary Share. Based on the Offer Price, the Company’s total market capitalisation at the commencement of conditional dealings on the main market of the London Stock Exchange will be approximately £274 million. Trevor Harvey, Chief Executive of…
Matthew Coulson appointed CEO of M.P. Evans Group
LONDON, UK: The board of M.P. Evans Group announced that, with effect from 1 January 2022, Matthew Coulson will take up the role of chief executive. At the same time, Peter Hadsley-Chaplin will relinquish the responsibilities of chief executive, continuing in his role as executive chairman. Matthew joined the Group in 2016 as CFO and…
Aker, Ocean Winds & Statkraft unite to develop floating offshore in North Sea
OSLO, NORWAY: Aker Offshore Wind, Ocean Winds, and Statkraft have signed a collaboration agreement to bid for, develop, construct, and operate offshore wind and associated infrastructure for the Utsira Nord license area in Norway. The equal partnership will submit an application to the Norwegian authorities for the development of a commercial scale floating offshore wind…
BlueScope buys steel recycling business of MetalX for $240mn
SYDNEY AUSTRALIA: BlueScope has entered into a binding agreement to buy the ferrous scrap steel recycling business of MetalX LLC. It is the leading supplier of scrap feed to its Ohio-based mini-mill business, North Star BlueScope Steel. BlueScope will pay US$240 million to acquire two of MetalX’s operating sites which are located in Indiana and…
Chief Operating Officer Sanford Limited, Clement Chia resigns
AUCKLAND, NEW ZEALAND: Sanford Limited announced the resignation of its Chief Operating Officer, Clement Chia. CEO Peter Reidie says he has accepted Mr Chia’s resignation with regret, after he has served on Sanford’s executive team for seven years. “Clement has been a strong and highly valued contributor to our business since he joined Sanford in…
MDxHealth prices IPO at $12 per American Depositary Share
HERSTAL, BELGIUM: MDxHealth SA, a commercial-stage precision diagnostics company, announced the pricing of its initial public offering (IPO) in the United States of 3.75 million American Depositary Shares (each representing 10 ordinary shares) (“ADSs”) at a price to the public of USD 12.00 per ADS for total gross proceeds of USD 45.0 million. In connection…
Spiritus Mundi intends IPO on London Stock Exchange
LONDON, UK: Special purpose acquisition vehicle, Spiritus Mundi, intends to launch an initial public offering (IPO) on the Main Market of the London Stock Exchange. Spiritus Mundi was established in 2021 as a special purpose acquisition vehicle which will seek acquisition targets in Europe and Asia in the clinical diagnostics sector. The Company will seek…
ICG acquires Calais Seaways
LONDON, UK: Irish Continental Group (ICG) has purchased the passenger ro-ro cruise ferry “Calais Seaways”. Under the terms of the purchase agreement, title to the ship transferred to ICG on delivery yesterday. The ship will serve the Dover – Calais route operated by Irish Ferries after dry docking and branding changes in line with the…