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….
Sonic Healthcare acquires ProPath, a Texas based AP company
SYDNEY, AUSTRALIA: Sonic Healthcare (ASX: SHL) has acquired 100% of ProPath, a Texas based anatomical pathology (AP) company. ProPath’s annual revenue is ~US$110 million, and with its ~50 pathologists, serves over 1,000 physicians and more than 20 hospital groups across 45 States. ProPath was established as an AP practice in 1966. Growth has largely been…
IAG and Globalia terminate Air Europa acquisition agreement
LONDON, UK: International Airlines Group (IAG) and Globalia have terminated the agreement signed on 4 November 2019 and amended on 20 January 2021, under which IAG’s subsidiary, Iberia, had agreed to acquire the entire issued share capital of Air Europa. IAG has also reached an understanding with Globalia to evaluate, before the end of January…
JTC acquires New York based Essential Fund Services
LONDON, UK: JTC Plc, the global professional services business, announced the acquisition of New York based Essential Fund Services (EFS). Essential Fund Services (EFS) was co-founded in 2009 by the present Managing Member and sole owner, Gerard M. Federici, who is a highly respected financial services professional with over 25 years’ industry experience. Essential Fund…
INPP announces acquisition of Danish investments
LONDON, UK: International Public Partnerships Limited (INPP) has acquired an interest in a portfolio of four Danish public-private partnerships (PPP) projects delivering availability-based, long-term, predictable cash flows. The company holds a majority interest in the portfolio, which was acquired at a cost of c.£14 million. This acquisition marks the Company’s first investment in Denmark and,…