DUBAI, UAE: BHM Capital, a leading financial services company in the UAE, has been granted a Listing Advisory License by the Securities and Commodities Authority (SCA), the body in charge of regulating the fund and investment industry in the UAE. In being licensed as a Listing Advisor, BHM Capital now has approval to provide Issuing…
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Here’s the deal: You came up with an excellent idea for your online business and you jumped right on it. Now that you have your very own online business, you don’t know how to take it forward. That’s all right. We’ve been there too. This is why we recommend you learn how to grow your…
Glanbia plc sells 40% stakes in in Glanbia Ireland to Glanbia Co-op for €307mn
LONDON, UK: Glanbia Co-operative Society Limited has signed binding legal agreements to acquire Glanbia Plc’s 40% interest in Glanbia Ireland DAC for a purchase price of €307 million, a bourse filing noted. Update on the Proposed Transaction On 10 November 2021, Glanbia announced that it had agreed a non-binding memorandum of understanding (“MOU”) for the…
Umicore & Volkswagen to create EV battery materials joint venture
BRUSSELS, BELGIUM: Umicore and Volkswagen AG plan to establish a joint venture to build up precursor and cathode material (EV battery materials) production capacities in Europe, a news release noted. The joint venture will supply Volkswagen AG’s European battery cell production, making a considerable contribution to the region’s transition towards cleaner mobility. This partnership will…
Brunel International buys 72% shares in Taylor Hopkinson for EUR 32mn
AMSTERDAM: Brunel International N.V. has purchased 72% shareholding in Taylor Hopkinson, a specialist recruitment partner for the renewable energy sector. Brunel International is a global provider of flexible workforce solutions and expertise. The acquisition supports Brunel’s strategic direction to be the leader in specific segments of the international professional labour market. Taylor Hopkinson expects to…
NFT Investments to list on NEO Exchange
LONDON, UK: NFT Investments (AQSE: NFT), an incubator specialising in the market for non-fungible tokens (NFTs), has submitted an initial listing application for the listing of its ordinary shares on the Neo Exchange Inc., a Canadian stock exchange based in Toronto. NFT Investments believes the dual listing on the NEO Exchange will provide exposure to…
Spirit Energy disposing Norwegian portfolio, Statfjord field for $1.07bn
LONDON, UK: The 69% Centrica owned Spirit Energy Limited has entered into agreements to sell the Spirit Energy Group’s Norwegian oil and gas exploration and production business excluding the Statfjord field to Sval Energi AS, and its interests in the Statfjord field to subsidiaries of Equinor ASA. The transaction has a commercial effective date of…
Sampo plc to acquire full ownership in Hastings for GBP 685mn
LONDON, UK: Sampo plc has signed an agreement with Rand Merchant Investment Holdings Limited (RMI) to acquire its ownership in Hastings. Under the terms of the agreement, Sampo will pay GBP 685 million for RMI’s 30 per cent minority interest in Hastings and the option held by RMI to acquire 10 per cent of Hastings’…
Inspecs Group buys BoDe Design Vertriebs GmbH
LONDON, UK: Inspecs Group plc has acquired the partnership assets and liabilities of BoDe Design Vertriebs GmbH & Co. KG, a distributor of optical and sunglasses frames principally to the German market. Inspecs is currently the largest supplier to BoDe and will pay an upfront cash consideration of approximately €1.76m from existing cash resources and…
Sureserve Group acquires CorEnergy for £7.5 million
LONDON, UK: Sureserve Group (LON: SUR) has acquired the entire issued share capital of CorEnergy Limited, a business focused on delivering sustainable energy solutions for public and private sector organisations, a bourse filing said. The maximum total consideration payable for CorEnergy is £7.5 million, with an initial £5.9 million payable on completion, to be satisfied…
Triton Funds’ agrees to acquire Clinigen in a £1.2bn deal
LONDON, UK: Triley Bidco Limited, a newly-incorporated company indirectly owned by the Triton Funds, has agreed on terms to acquire Clinigen Group plc at approximately £1.2 billion on a fully diluted basis, a bourse filing said. Under the agreement Clinigen shareholders will be entitled to receive 883 pence in cash for each Clinigen Group share….
AF Gruppen acquiring concrete contractor Stenseth & RS for NOK176mn
OSLO, NORWAY: AF Gruppen Norge AS has signed a letter of intent to acquire 80 per cent of Stenseth & RS Holding AS. Stenseth & RS consists of Stenseth & RS Entreprenør AS which was founded in 2002, as well as Stenseth & RS Anlegg and Stenseth & RS Ressurs which were established in 2017….