LONDON: UK’s fastest growing legal and professional services businesses, Knights Group Holdings, announced the exchange of contracts to acquire Fraser Brown Solicitors, a full-service law firm in Nottingham for a total consideration of £8.28 million. This acquisition strengthens the Company’s presence in the East Midlands, in line with the Group’s strategy to accelerate its organic…
Category: Singapore Exchange
Corporate Sector, Industry, Singapore Exchange, News Releases
ASX Limited posts 1.8% growth in net profits to $250.4mn
SYDNEY: Australia Securities Exchange (ASX Limited) has posted strong earnings growth for the half-year ended December 31, 2019 as the operating revenues surged 7.1% to $454.9 million and net profit after tax clocked in at $250.4 million, up 1.8%. Core activity plus strategic initiatives drove higher shareholder returns – interim dividend up 1.7% to 116.4…
Leisure facilities provider SATS’ revenue grow 21.3% to NOK1.036bn in 2019
OSLO: SATS ASA, provides leisure facilities offering physical exercise and training for men and women in Norway, delivered a solid fourth quarter with member base growing by 20.9 percent to 687,000 and revenue rising by 21.3 per cent to NOK 1.036 billion during 2019. The Company shows solid margin expansion, both in the fourth quarter…
Carlos de Sousa appointed CEO of Ultimovacs ASA
OSLO: Ultimovacs ASA, a pharmaceutical company developing novel immunotherapies against cancer, announces that Carlos de Sousa, MD, has been appointed as the new Chief Executive Officer. Dr. de Sousa joins Ultimovacs as a seasoned industry executive with 30 years of experience ranging from leadership positions at international pharmaceutical companies such as Pfizer, Novartis and Nycomed/Takeda,…
Polar Capital to acquire Pierre Py and Greg Herr led equity team
LONDON: Polar Capital Holdings has reached agreement to acquire from Los Angeles based asset manager First Pacific Advisors its International Value and World Value equity team led by Pierre Py and Greg Herr. Polar Capital and the Managers share common philosophies, being specialist, investment-led active fund managers. Polar Capital offers the team a platform from…
Gareth Samples appointed CEO Designate of The Property Franchise Group
LONDON: The Property Franchise Group, one of the UK’s largest property franchises, announced the appointment of Gareth Samples as Chief Executive Officer Designate, further to the announcement on 31 July 2019 that Ian Wilson intends to retire in 2020. It is proposed that Gareth will join the board of TPFG as Chief Executive Officer in…
Domino’s Pizza Group to dispose of the Norwegian business
LONDON: Domino’s Pizza Group (DPG) announced, conditional on shareholder approval, it has agreed to sell its entire shareholding in DP Norway (Domino’s Norway) to Pizza Holding AS and EYJA Fjarfestingafelag III EHF, the existing minority shareholders in Domino’s Norway. DPG will sell its 71% interest in Domino’s Norway to the Minority Shareholders for consideration comprised…
NRC Group targets NOK 10 billion of revenue at 7% EBITA for 2024
OSLO: NRC Group, the largest rail infrastructure entrepreneur in the Nordic region, targets NOK 10 billion of revenue at 7% EBITA for 2024 through capitalizing on leading Nordic position and strong markets through profitable organic growth, utilizing Nordic capabilities to expand into complementary services. NRC presented the Group’s strategic development, ambitions and outlook after completion…
Landscape Acquisition Holdings complete $860mn acquisition of AP WIP Investments Holdings
TORTOLA: Landscape Acquisition Holdings Limited has completed its acquisition of AP WIP Investments Holdings from Associated Partners for approximately US$860 million consisting of cash, shares and assumption of debt. AP Wireless is one of the largest international aggregators of rental streams underlying wireless sites through the acquisition of wireless telecom real property interests and contractual…
Coats announced completion of Pharr High Performance Yarns acquisition
LONDON: Coats Group, a leading industrial thread manufacturer, has completed the acquisition of the business and assets of Pharr High Performance Yarns, following receipt of the required regulatory approvals and other completion procedures, the transaction was completed on 10 February 2020. Pharr HP is a market leading manufacturer of high-performance engineered yarns based in McAdenville,…
Cranswick acquires Buckle family’s pig farming business
LONDON: UK’s leading and innovative supplier of fresh and added value food products, Cranswick plc, has acquired the Buckle family’s pig farming and rearing operations as well as the family’s 50% share of the White Rose Farms Limited pig production joint venture set up by Cranswick and the Buckle family in 2018. The enlarged pig…
Amiad awarded Green Economy Mark by London Stock Exchange
LONDON: Amiad Water Systems Limited, a global producer of water treatment and filtration solutions, has received the Green Economy Mark by the London Stock Exchange (LSE) in recognition of its contribution to the global green economy. The Green Economy classification and Mark has been introduced by the LSE to identify companies and investment funds traded…