LONDON, UK: B90 Holdings has entered into an agreement with Entercreation Limited to acquire certain assets, including the domain, business IP, and 100% of the operations of Spinbookie.com, an online sportsbook and casino. B90 Holdings has raised £596,800 (before expenses) through a subscription of 4,973,333 new ordinary shares of no par value in the capital…
B.P Marsh sells 40.5% stake in Walsingham Motor Insurance for £4.6mn
LONDON, UK: B.P. Marsh, the specialist investor in early-stage financial services businesses, has sold its stake in investee company Walsingham Motor Insurance Limited (WMIL), a London-based Managing General Agency, which specialises in UK Courier and Taxi fleet motor insurance. B.P. Marsh sold its 40.5% shareholding in WMIL for £4.6 million in cash. As part of…
Grafton Group to acquire Sitetech Building Products in Ireland
LONDON, UK: Grafton Group has agreed to acquire Sitetech Building Products, the market leader in the distribution of specialist construction accessories in Ireland where the business trades from two locations in Dublin and Cork. Completion of this acquisition is subject to approval by the Competition and Consumer Protection Commission in Ireland. Grafton Group is the…
Novartis to buy Syncona’s Gyroscope Therapeutics for $1.5bn
LONDON, UK: Syncona Ltd has been reached to sell its portfolio company Gyroscope Therapeutics Holdings to Novartis for up to $1.5 billion on a cash and debt free basis. Novartis will make with an upfront payment of $800 million and up to $700 million potentially due upon the achievement of certain customary milestones related to…
Graft Polymer plans to list on London Stock Exchange
LONDON, UK: Graft Polymer (UK) Plc expressed intention for its shares to be admitted to the standard segment of the Official List of the FCAand to trading on the Main Market for listed securities of the London Stock Exchange. Admission is expected in early January 2022. Graft Polymer has developed a proprietary set of polymer…
Mark Hooper appointed CEO & MD of Paragon Care Limited
SYDNEY, AUSTRALIA: Paragon Care Limited (ASX: PGC) announced the appointment of Mark Hooper as Group Chief Executive Officer and Managing Director of Paragon Care. Paragon Care Limited is a leading provider of medical equipment, devices and consumables to the healthcare markets in Australia and New Zealand. Mark Hooper is the current Chief Executive Officer of…
Everything You Need to Know About Gemini Dollar
Cryptocurrency has risen to the fore over the course of the last year. Trading and investing have become extremely popular with today’s younger generation, who would rather work from home than slave away for a large corporation. Cryptocurrency has given these young people a way out. There are myriad cryptocurrency platforms operating on the internet…
IMCD Australia & New Zealand agree to acquire RPL Trading
ROTTERDAM: IMCD Australia & New Zealand have signed an agreement to acquire 100% of the shares of RPL Trading Pty Ltd and RPL Trading New Zealand Ltd. (jointly RPL Trading). “RPL Trading brings an excellent and highly complementary portfolio of suppliers, products, and customers to IMCD,” remarked Martin Stoemmer, Managing Director of IMCD Australia &…
Crédit Agricole Consumer Finance invests €100mn in Cosmobilis
PARIS, FRANCE: Crédit Agricole Consumer Finance is investing €100 million in Cosmobilis, the holding company of ByMyCAR, the leading French car distribution group in Europe, which is expanding into new forms of mobility. At the same time, the two partners are entering into exclusive negotiations to create a pan-European joint venture for their automotive financing…
Telenor to range Spacetalk at its Danish retail stores
SYDNEY, AUSTRALIA: Spacetalk Ltd. (ASX:SPA) announceD that Telenor Group will range Spacetalk Adventurer on-line and in all of its Danish retail stores. Telenor is a leading Nordic telecommunications company and Denmark’s second largest mobile network operator with 1.7 million mobile subscribers. Across the Nordics and Asia, Telenor has 188 million customers and annual sales of…
Rio Tinto to acquire Rincon Mining lithium project for $825mn
SYDNEY, AUSTRALIA: Rio Tinto has agreed to acquire Rincon Mining Pty Limited, which owns the Salar del Rincón Project in Argentina; and Lithium Extraction Technologies (Australia) Pty which holds certain intellectual property which may be applied in conjunction with lithium projects. Rio Tinto has entered into a binding agreement to acquire the Rincon lithium project…
Spark New Zealand to take full ownership of Connect 8
SYDNEY, AUSTRALIA: Spark New Zealand has signed a conditional agreement to purchase back 50% of the shares in Connect 8 from electricity distribution company Electra Group. The transaction means that Connect 8, an infrastructure provider to the telecommunications, water, and power sectors, will again be wholly owned by Spark. Spark Technology Director Mark Beder says,…