SCHIPHOL, THE NETHERLANDS: GrandVision N.V., part of the EssilorLuxottica group, and Synoptik Foundation together have entered into an agreement with Mellby Gård AB to acquire the Swedish optical chain Smarteyes through their subsidiary Synoptik A/S, a news release said. The closing of the transaction is subject to customary regulatory approvals. The financial terms of this…
MAF buys BNK’s mortgage broking business, Finsure for $151.6mn
SYDNEY, AUSTRALIA: MA Financial Group Limited (ASX:MAF) will acquire 100% of BNK Banking Corporation‘s mortgage broking aggregator subsidiary, Finsure Holding and related aggregation division subsidiaries for consideration of $151.6 million in cash. A share sale agreement has been signed between the two parties in this regard. Completion of the proposed transaction is subject to the…
Falcon Metals demerge from Chalice Mining
SYDNEY, AUSTRALIA: Chalice Mining Limited (OTCQB: CGMLF) notified the demerger of Falcon Metals Ltd (ASX: FAL) from Chalice has been completed. The in-specie distribution of Falcon Shares to eligible Chalice shareholders was completed in conjunction with the issue of shares to participants in the $30 million Initial Public Offering undertaken by Falcon. Falcon is expected…
Nick Hamilton appointed MD & CEO of Challenger Limited
SYDNEY, AUSTRALIA: Challenger Limited (ASX: CGF) announced the appointment of Nick Hamilton as Managing Director and Chief Executive Officer, succeeding Richard Howes whose retirement was announced in August 2021. Nick Hamilton will commence in his new role on 1 January 2022 and Mr Howes will remain available for the first quarter of 2022 to ensure…
Tips for Creating the Perfect SMS Marketing Campaign
Just because you’re a talented marketer, it doesn’t necessarily mean that you’re obligated to have tons of experience when it comes to SMS marketing. Generally speaking, a lot of people nowadays use SMS to communicate with each other. That’s precisely why text marketing is extremely beneficial. Experienced marketers share this opinion, which is why they’ve…
VGP appoints Aurélien Coudert to expand Group’s portfolio in France
ANTWERP, BELGIUM: VGP N.V. has entered the French market with the opening of its first office in Lyon and appointed Aurélien Coudert as Country Manager for VGP France. VGP N.V. is a pan-European provider of high-quality logistics and semi-industrial real estate. Aurélien Coudert started on 1 December within the VGP team and will be responsible…
Neoen begins constructing 100 MW battery in Australian Capital Territory
SYDNEY, AUSTRALIA: Neoen has provided notice to proceed to battery storage experts Doosan, signaling the start of construction of its 100 MW/200 MWh Capital Battery. The project is located next to TransGrid’s Queanbeyan substation, which is in the Australian Capital Territory (ACT). The ACT is an internationally recognized 100% renewable electricity jurisdiction, focused on reaching…
FirstFarms acquires Hungary-based Try-Béta for DKK 26 million
COPENHAGEN, DENMARK: FirstFarms A/S has entered into agreement to acquire 100% of the Hungarian company Try-Béta Kft. regarding land leases and crop production, silo plant and machinery. The purchase price is DKK 26 million. The purchase agreement is conditional to final due diligence and the trade is expected to be completed by the end of…
Moody’s upgrades Tritax Big Box REIT credit rating outlook to positive
LONDON, UK: Moody’s Investor Services has improved the Tritax Big Box REIT outlook to Baa1 (positive) from Baa1 (stable) and reaffirmed the company’s long-term corporate credit rating. This reflects the Company’s growing scale, continued focus on high-quality logistics assets, supported by even stronger sector fundamentals and the benefit of controlling and owning the UK’s largest…
Primary Health Properties buys Parkside Medical Centre in Lincolnshire
LONDON, UK: Primary Health Properties, one of the UK’s leading investors in modern primary healthcare facilities, has acquired the Parkside Medical Centre in Boston, Lincolnshire for a total consideration of £6.8 million. The property is fully let to a substantial GP practice and a pharmacy. The two leases, with a weighted average unexpired lease term…
Fitch affirms NewRiver REIT’s investment grade credit ratings
LONDON, UK: Fitch Ratings has affirmed NewRiver REIT plc’s Long-Term Issuer Default Rating (IDR) at ‘BBB’ with a Stable Outlook, senior unsecured rating at ‘BBB+’ and Short-Term IDR at ‘F2’. The senior unsecured rating applies to NewRiver’s £300 million unsecured bond dated 2028. This rating follows a transformative FY22 for NewRiver’s unsecured balance sheet, which…
ID Logistics acquires Colisweb for 24 million euros
PARIS, FRANCE: ID Logistics has acquired 100% of Colisweb, French specialist in the organization of last mile delivery by appointment. The purchase price, paid entirely in cash, is based on an enterprise value of 24 million euros. A price supplement of up to a maximum of 14 million euros may be paid in 2023 and…