LONDON, UK: Hilton Food Group has agreed to acquire a leading international smoked salmon producer, Dutch Seafood Company B.V., which trades as “Foppen”. The enterprise value of €90.0 million includes adjustments for net debt and net working capital. Foppen’s FY 2021 ended 31 March 2021 actual revenue of €139.7 million, adjusted underlying EBITDA of €10…
Apollo Tourism & Leisure to merge into Tourism Holdings Limited
MELBOURNE, AUSTRALIA: Apollo Tourism & Leisure (ASX:ATL) and Tourism Holdings Limited (NZX:THL) have entered into a conditional Scheme Implementation Deed for the purpose of merging the two entities. The merger is proposed to be implemented by way of an Australian Scheme of Arrangement conducted by Apollo whereby Tourism Holdings Limited (thl) acquires all outstanding shares…
Santos and Oil Search merger becomes effective
SYDNEY, AUSTRALIA: Santos announced that the merger with Oil Search is now effective following the approvals by Oil Search shareholders and the National Court of Papua New Guinea. Oil Search shareholders will receive 0.6275 new Santos shares for each Oil Search share held on the record date of 14 December 2021. Santos Chairman Keith Spence…
Eurofins Scientific acquires Japan based Genetic Lab
PARIS, FRANCE: Eurofins Scientific, the global scientific leader in bioanalytical testing and a leader in clinical diagnostics testing, announced a share purchase agreement with Transgenic Inc. to acquire Genetic Lab Co., Ltd. Genetic Lab Co. is a molecular biology based testing provider for diagnostics, biomarker development and drug discovery. The acquisition will further enhance Eurofins’…
Vulcan acquires geothermal renewable energy plant in Germany
SYDNEY, AUSTRALIA: Vulcan Energy Resources (ASX: VUL), has agreed to acquire an operational geothermal renewable energy power plant in the Upper Rhine Valley at Insheim, Germany. Vulcan Energy will acquire 100% of the shares in the entity which owns and operates the plant. A new Germany subsidiary of Vulcan, based in Karlsruhe, will be the…
Mayfield Childcare acquires Genius Learning for $39.2 million
SYDNEY, AUSTRALIA: The Board of Mayfield Childcare Limited (ASX:MFD) has acquired all 14 Genius Learning childcare centres across to Mayfield. The total acquisition costs is up to $39.2 million. The transaction significantly transforms both the size and scale of the business, positioning Mayfield as a leading Australian childcare operator, with a portfolio of 36 centres…
Legal Tips: What Is Negligence And Why Is It Important For Your Case?
If you’ve ever been injured in a car accident, an injury at work, or because of someone else’s carelessness, then it might be time to consider your legal options. There are two types of cases that apply here: negligence and intentional torts. Negligence is the broad term for any case where one person was careless…
Startup Legal Advice: Powerful Tips For New Small Businesses
Starting a new business can be thrilling and daunting at the same time. You have to take care of many things, from deciding on a name to determining what kind of entity you want your business to be. There are also legal considerations that come with starting a company. This blog post will cover some…
Miroma Holdings signs deal to acquire SET for £30 million
LONDON, UK: Miroma Holdings Limited (MHL) has reached agreement to acquire Miroma SET Limited (SET) in a £30 million deal. The acquisition is intended to enable SET to become part of an organisation which will have the scale to accelerate the delivery of a shared strategic vision. SET is a global audience engagement and amplification…
Digital 9 acquires SeaEdge UK1 for £15 million
LONDON, UK: Digital 9 Infrastructure Plc has completed the acquisition of a data centre asset and subsea fibre landing station, SeaEdge UK1, on the UK’s largest data centre campus in Newcastle for a purchase price of £15m. The asset forms part of the Company’s pipeline identified in the IPO prospectus and delivers on the Company’s…
Elizabeth Hill Silver Mine set to be re-opened
LONDON, UK: Alien Metals Ltd (LON:UFO), a minerals exploration and development company, notified that as part of its development of the Elizabeth Hill Silver Project it has commenced work to re-open the historic underground mine. Bill Brodie Good, Chief Executive Officer & Technical Director of Alien Metals, commented: “We have been very fortunate to both…
Plutus PowerGen to acquire significant copper development project
LONDON, UK: Plutus PowerGen has signed Heads of Terms with Mayflower Copper Limited to acquire rights to a 61% interest in a high-grade copper and polymetallic project, the Mindouli Copper Project, located in a highly prospective and well-established copper and zinc mining region in the Republic of the Congo. The Board believes the acquisition to…