SYDNEY, AUSTRALIA: Careteq Limited (ASX: CTQ) has entered into a binding agreement to acquire the business and assets of New Medical Enterprises Pty Ltd trading as HMR Referrals for total consideration of $250k cash and $250k in ordinary shares at 2.5c per share. Established in 2016, HMR Referrals is a marketplace platform that securely simplifies…
Tag: Acquire
The word “acquire” is a verb that means to buy or obtain something for oneself, learn or develop a skill, or come to have something as a result of one’s behavior or activities.
GSTechnologies to acquire 66.67% of Semnet Pte Ltd for $1.8 million
LONDON, UK: GSTechnologies Limited (LSE: GST) has entered into an agreement to acquire 66.67% of the issued share capital of Semnet Pte Ltd, a cybersecurity company based in Singapore, for a total consideration of US$1.8 million, payable through US$0.8 million in cash and US$1.0 million in new shares in the GST. Semnet is a profitable…
LOS Group to be acquired and merge into Eqva ASA
OSLO, NORWAY: Eqva ASA and LOS Group have signed a letter of intent for a business combination agreement. The combined entity will have an EV of approximately NOK 620 million. The agreement includes the LOS Group’s 100 percent ownership in LOS Elektro AS and LOS Eiendom Bergen AS, as well as 51 percent ownership in…
Porvair plc announces acquisition of European Filter Corporation
LONDON, UK: Porvair plc, on 4 December 2023, acquired 100% of the share capital of Acquisition of European Filter Corporation NV (EFC), a filtration business based in Lummen, Belgium. Acquisition of European Filter Corporation NV (EFC) has expertise in the manufacture of mist elimination filters used in the production of industrial feedstocks and well established…
THG Plc agrees to acquire Biossance for a maximum $20 million
LONDON, UK: THG Plc has agreed to acquire prestige skincare brand Biossance for a maximum consideration of $20 million. Since inception in 2015, Biossance has generated global revenues of c. $300m and is currently stocked in over 1,600 stores globally including Sephora, Harrods, Space NK, Douglas and Selfridges plus online through www.biossance.com, Lookfantastic and Cult…
Reward Minerals to buy Beyondie SOP Project for A$20 million
PERTH, AUSTRALIA: Reward Minerals Limited (ASX: RIND), a potash exploration and development company, has announced that it has entered into a binding agreement to acquire the Beyondie Sulphate of Potash (SOP) Project from the receivers of Kalium Lakes Limited. The Beyondie Project is a high-grade SOP project located in Western Australia, with a projected annual…
NewMarket Corporation to acquire AMPAC Intermediate Holdings for $700 million
RICHMOND: NewMarket Corporation (NYSE: NEU), a leading developer and manufacturer of chemical additives for petroleum products, announced today that it has signed a definitive agreement to buy AMPAC Intermediate Holdings, LLC, the parent company of American Pacific Corporation (AMPAC), for about $700 million. AMPAC is the top North American producer of critical performance additives for…
Alaska Airlines to buy Hawaiian Airlines for $1.9 billion
Alaska Air Group announced on Sunday that it has agreed to acquire its rival Hawaiian Airlines for $1.9 billion, a deal that would create a dominant carrier in the Hawaii market and expand its network to Asia. The transaction, which faces regulatory scrutiny, would pay $18 a share for Hawaiian and assume $900 million of…
Spectra Systems to acquire Cartor Holdings for a maximum consideration of £10.5 million
LONDON, UK: Spectra Systems Corporation has entered into a conditional agreement to acquire Cartor Holdings Limited, a leader in the security printing industry, for a maximum consideration of £10.5 million. Cartor Holdings, through its three wholly-owned subsidiary companies, operates from two manufacturing sites in the UK and France, supplying postage stamps to over 180 administrations…
Johnson & Johnson MedTech acquires Laminar Inc. for an upfront $400 million
NEW BRUNSWICK: Johnson & Johnson MedTech, a division of Johnson & Johnson that focuses on medical intervention solutions, announced today that it has completed the acquisition of Laminar Inc., a privately-held medical device company that specializes in eliminating the left atrial appendage (LAA) in patients with non-valvular atrial fibrillation (AFib). The deal was worth $400…
AbbVie to buy ImmunoGen for $10.1 billion, boosting its oncology portfolio
AbbVie Inc. (NYSE: ABBV) announced today that it has agreed to acquire ImmunoGen, Inc. (NASDAQ: IMGN), a biotechnology company focused on developing antibody-drug conjugates (ADCs) for the treatment of cancer. The deal values ImmunoGen at $31.26 per share in cash, or about $10.1 billion in total. The acquisition will give AbbVie access to ImmunoGen’s flagship…
NLB signs agreement to acquire Summit Leasing
LONDON, UK: Nova Ljubljanska Banka, d.d. Ljubljana (NLB) has entered into a sale and purchase agreement to acquire a 100% shareholding in SLS HOLDCO, holdinška družba, d.o.o., the parent company of Summit Leasing Slovenija d.o.o., and its subsidiaries from funds managed by affiliates of Apollo Global Management Inc. and the European Bank for Reconstruction and…