LONDON, UK: Permanent TSB has entered into binding agreements with NatWest Group and Ulster Bank Ireland for the acquisition of certain elements of the Ulster Bank Retail, SME and Asset Finance business in the Republic of Ireland. As at 30 June 2021, the transaction includes approximately €7.6 billion of assets and consists of the following…
Rubis Group buys 80% of Photosol France for €376 million
PARIS, FRANCE: Rubis Group has announced strategic acquisition of 80% of Photosol France to accelerate the transition to renewable energies and decarbonation. The price for the acquisition of the 80% of Photosol France shares will be €376 million subject to customary adjustments at closing. In June 2021, Rubis Group initiated its diversification towards less-carbonised energies…
BrandShield announces partnership with Coinmama
LONDON, UK: BrandShield Systems announced partnership with Coinmama, the leading cryptocurrency exchange, in protecting the brand’s reputation and its customers. Coinmama has over three million users globally and this significant reach is coupled with strong brand recognition and a longstanding reputation as the leading cryptocurrency exchange worldwide. This has resulted in a proliferation of attacks…
Johnson Matthey sells its Health business to Altaris Capital for £325mn
LONDON, UK: Johnson Matthey Plc (JM), a global leader in sustainable technologies, has entered into an agreement for the sale of its Health business to Altaris Capital Partners for a total consideration of £325 million representing an implied transaction multiple of 9.8x underlying EBITDA of £33.0 million for the 12 months to 30th September 2021….
Sustainable Nutrition buys Australian Superfood Company for A$3.0mn
MELBOURNE, AUSTRALIA: The Sustainable Nutrition Group (ASX:TSN) has entered into an agreement to acquire The Australian Superfood Company for A$3.0 million. The Australian Superfood Company is a market leading producer of Australian native and indigenous foods and ingredients, beverages, nutraceutical and cosmetics products. It is the market leading supplier of a diverse range of native…
Merger of Oil Search Limited and Santos Limited implemented
SYDNEY, AUSTRALIA: The merger of Oil Search Limited and Santos Limited effected by way of scheme of arrangement under PNG law has been implemented. Accordingly, Santos has acquired 100% of the issued capital in Oil Search Limited from shareholders. In accordance with the terms of the Scheme, eligible Oil Search shareholders have been issued the…
GENFIT acquires rights to novel asset
LILLE, FRANCE: GENFIT (Nasdaq: GNFT), a late-stage biopharmaceutical company, announced acquisition of exclusive rights from Genoscience Pharma to develop and commercialize the investigational treatment GNS561 in cholangiocarcinoma in the United States, Canada and Europe, including the United Kingdom and Switzerland. This announcement comes on the heels of today’s other announcement on our global strategic pharma…
LACROIX increases its stake in FIRSTRONIC to 62 per cent
PARIS, FRANCE: LACROIX has signed an exclusive agreement for the acquisition of a majority stake in the capital of the US based company FIRSTRONIC with its main shareholders. LACROIX, which already has a 12.5% shareholding, will rise its equity stake in FIRSTRONIC to 62% at the end of the operation. LACROIX first acquired a stake…
Ocean Winds & Aker Offshore announce £235mn investment in Scotland
OSLO, NORWAY: A £235 million early investment package to support the renewable energy supply chain in Scotland has been announced by Ocean Winds and Aker Offshore Wind as part of their proposal to transform the country into a green industrial powerhouse. The financial package is included in the joint Ocean Winds and Aker Offshore Wind…
Helpful Legal Advice To Make Your Divorce Go More Smoothly
No matter how much you think you are ready for something like this, the truth is, getting a divorce is very stressful for everybody. Not to mention how truly complicated it can be as well. Since this is something that doesn’t occur every day, people usually do not know how to behave. A lot of…
Healius buys bioanalytical lab, Agilex for $301.3mn
SYDNEY, AUSTRALIA: Healius (ASX: HLS) has entered into an agreement to acquire the entire issued capital of Agilex, one of Australia’s leading bioanalytical laboratories. The transaction values Agilex at an enterprise value of $301.3 million.The acquisition is subject to minimal conditions, customary for a transaction of this nature, and is expected to complete at the…
dusk to acquire home fragrance supplier Eroma for $28 mn
SYDNEY, AUSTRALIA: dusk Group , an Australian specialty retailer of home fragrance products, has agreed to acquire 100% of Eroma Group for an Enterprise Value of $28 million. Consideration comprises $15m in cash and a $13m placement of ordinary shares in dusk, issued to all Eroma shareholders, includingShane McGrath, majority (55%) shareholder and Eroma CEO/founder….