SYDNEY, AUSTRALIA: Swoop Holdings Limited has agreed to acquire the dark fibre network assets and customers of iFibre Pty Ltd for a purchase price of $1.5 million payable in cash with $1.2 million paid on completion and $300,000 of the purchase price withheld for a period of 6 months for any potential claims and adjustments….
TechnipFMC sells 9 million Technip Energies shares for €118.4mn
PARIS, FRANCE: TechnipFMC plc announced the sale of 9 million Technip Energies N.V. shares through private sale transactions. The sale price of the shares is set at €13.15 per Share, yielding total gross proceeds of €118.4 million. Upon completion of the Sale, representing approximately 5% of Technip Energies’ issued and outstanding share capital, TechnipFMC retains…
BCAL Diagnostics appoints Dr John Hurrell as CEO
SYDNEY, AUSTRALIA: BCAL Diagnostics Limited announced the appointment of experienced life science and healthcare executive Dr John Hurrell as its Chief Executive Officer (CEO). Dr Hurrell has developed and successfully commercialized multiple products and services in life sciences and diagnostics over a career in the industry spanning more than 35 years. He has developed and…
Is CFI Worth It?- A Formal Analysis
Overview Of Corporate Finance Institute Is CFI truly worth it? Before discussing it, let’s take a glance at what exactly CFI is. CFI (Corporate Finance Institute) is a financial analyst diploma organization that empowers education and online coaching to finance-related experts and consists of courses including valuation Financial Modeling and Corporate financial cases. It provides…
Green Lithium appoints Dominic Kieran as Chair of the Board
LONDON, UK: Green Lithium has appointed Dominic Kieran as Chair of the board. The appointment comes as Green Lithium raises capital in a series A funding round to support development phase activity, which will be followed by a construction project finance funding round. The company’s initial private funding round was four-times oversubscribed. Dominic Kieran is an experienced…
Hikma Launches New 503B Sterile Compounding Business
LONDON, UK: Hikma Pharmaceuticals, the multinational pharmaceutical company, announced the launch of Hikma 503B – a new outsourced sterile compounding business focused on providing high quality, ready-to-administer injectable medications that are customized to the specific needs of patients in the United States. Sterile compounding – the process of combining, mixing, or altering ingredients to create…
Frenkel Topping acquires Cardinal Management Limited for £10mn
LONDON, UK: Frenkel Topping has acquired the entire issued share capital of Cardinal Management Limited. The total maximum possible consideration for the acquisition is £10.0 million in cash, of which an initial £5.0m (which is subject to adjustment following a completion accounts process) will be paid on completion. The additional consideration of up to £5.0m…
Begbies Traynor Group buys Daniells Harrison Surveyors for £2.0mn
LONDON, UK: Begbies Traynor Group has completed the acquisition of Daniells Harrison Surveyors LLP. The acquisition is for consideration of £2.0m based on current levels of financial performance, on a cash free, debt free basis. Daniells Harrison is a firm of chartered surveyors employing 27 staff who will integrate with Eddisons, the group’s property advisory…
Taylor Maritime completes sale of one Handysize vessel
LONDON, UK: Taylor Maritime Investments Limited, the specialist dry bulk shipping company, completed the sale of one of the two vessels committed for sale as announced on 13 December 2021. The vessel is a Chinese built, Handysize vessel (38k dwt) which comprised part of the IPO seed portfolio. The sale of the second vessel is…
Neoen and Prokon sign 30MW wind energy PPA with Equinix in Finland
PARIS, FRANCE: Neoen, one of the world’s leading producers of exclusively renewable energy, announced the signing at the end of December 2021 of a new power purchase agreement (PPA) for at least 30 MW of green energy in Finland. The PPA was awarded as a result of the competitive tender run by Equinix, a world…
Eco Atlantic signs MoU to acquire Azinam Group with all offshore assets
LONDON, UK: Eco Atlantic Oil & Gas has signed a Memorandum of Understanding (MOU) to acquire 100% of Azinam Group Limited including Azinam’s entire offshore asset portfolio, in return for a 16.65% equity stake in the enlarged group on completion of the acquisition. Azinam Group is a wholly owned subsidiary of Azinam Holdings Limited (“Vendor”),…
TT Electronics buys Power and Control business of Ferranti P&C
LONDON, UK: TT Electronics, a global provider of engineered electronics for performance critical applications, has acquired the Power and Control business of Ferranti P&C, from Elbit System UK Ltd for £9.0 million in cash. Ferranti P&C, based in Greater Manchester, designs and manufactures mission-critical complex power and control sub-assemblies for blue chip customers in high-reliability…