PARIS, FRANCE: Following the appointment of Isabelle Guichot as Chief Executive Officer of SMCP, parent company of Sandro, Maje, Claudie Pierlot and Fursac, the Group is delighted to announce the appointment of Charlotte Tasset Ferrec as Chief Executive Officer of Maje, with effect from January 4, 2022. In this role, she will join the Executive…
Praemium to sell international business to Morningstar for £35mn
MELBOURNE, AUSTRALIA: Praemium Limited (ASX: PPS), a global leader in the provision of technology platforms, has entered into an agreement to sell 100% of its operations in United Kingdom, Jersey, Hong Kong and Dubai (International Business) to Morningstar Inc. The consideration for the transaction will comprise cash of £35 million ($AUD 65.1 million), subject to…
Agilyx begins trading on OTCQX
OSLO, NORWAY: Agilyx AS has announced it has qualified to trade on the OTCQX Best Market in New York with trading commencing Tuesday under the symbol “AGXXF”, expanding trading to a broader group of investors, particularly in the United States, and enabling Agilyx to upgrade to OTCQX from the Pink market. “Agilyx has a significant…
Top Bitcoin Trading Strategies That You Should Know About
Bitcoin is one of the most popular online currencies currently used in millions of people’s lives. Since its introduction in 2009, the price of Bitcoin has increased very quickly and has broken into the mainstream media. Today, it is possible to purchase Bitcoin in many different stores. You can also use bitcoin as a way…
Marley Spoon agrees to acquire Chefgood
SYDNEY, AUSTRALIA: Marley Spoon AG (ASX: MMM), a global subscription-based meal kit provider, has entered into an agreement to acquire Chefgood Pty Ltd, a Melbourne-based ready-to-heat meal provider. Total purchase price of up to AUD 21.0m (~EUR 13.3m), with additional earn-outs of up to ~AUD 5.6m (~EUR 3.6m) over the next 2.5 years based on…
Godolphin Resources gets two exploration licences by NSW Govt
SYDNEY, AUSTRALIA: Godolphin Resources Limited (ASX: GRL) has been granted two Exploration Licences (EL) by the NSW Government, Department of Mining, Exploration and Geoscience. Both ELs are located in the Lachlan Fold Belt (“LFB”) and significantly bolster Godolphin’s landholding in the area. Managing Director Ms Jeneta Owens said: “We are very pleased to have been…
Nitro completes €70 million Connective acquisition
SYDNEY, AUSTRALIA: Nitro Software Limited (ASX: NTO) has confirmed the completion of the Connective NV acquisition for an enterprise value of €70 million (~US$81 million). The acquisition and funded by the recent A$140 million (~US$105 million) capital raising. The capital raising also provided the company with additional liquidity, with pro forma cash of US$45 million…
AMP to delist from the NZX Main Board
AUCKLAND: AMP Limited announceD it will move to a sole listing on the Australian Securities Exchange (ASX) in February 2022 and accordingly delist from the New Zealand Exchange (NZX) Main Board. The delisting will support the simplification of AMP’s shareholder administration ahead of the planned demerger of its Private Markets business in the first half…
International Finance Corporation acquires 25% stake in Tabreed India
ABU DHABI, UAE: National Central Cooling Company (Tabreed) has finalised a significant strategic partnership with the International Finance Corporation (IFC), under which ownership of Tabreed India, currently a wholly owned subsidiary of Tabreed, being transferred to a new holding company established in Singapore to be jointly owned by Tabreed (75%) and IFC (25%). International Finance…
AS Equity Partners to acquire Swiss Post Solutions
LONDON, UNITED KINGDOM: AS Equity Partners entered into a definitive agreement with Swiss Post to acquire Swiss Post Solutions (SPS), a leading provider of business process outsourcing solutions and innovative document management services. The transaction is expected to close shortly after signing subject to customary closing conditions. “We believe SPS has huge potential in international…
Packages, IGI and Gohar Group to buy Sanofi stake in Pakistan business
KARACHI: Packages Limited, a Lahore based multinational packaging company, has joined an investor consortium to evaluate a potential purchase of 52.87 per cent shares held by Sanofi Foreign Participations B.V. in sanofi-aventis Pakistan. The consortium comprises of Packages Limited, IGI Investments (Private Limited), and affiliates of Arshad Ali Gohar Group. According to a bourse filing by Packages…
Unibail-Rodamco-Westfield to sell Solna Centrum SEK 2.8bn
AMSTERDAM: Unibail-Rodamco-Westfield (URW) announced an agreement for the sale of Solna Centrum, in Stockholm, for an agreed total acquisition cost of SEK 2.8 billion (c. €272 Mn), which represents a premium to the last appraised value. The purchaser is Alecta Fastigheter, a wholly owned subsidiary of the major Swedish pension fund Alecta, and the transaction…