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.
SYDNEY, AUSTRALIA: Fortuna Silver Mines Inc., a TSX/NYSE-listed precious metals mining company, has announced its intention to acquire Chesser Resources Limited. Under the binding scheme implementation deed, Fortuna will acquire all fully paid ordinary shares in Chesser, subject to various conditions. The scheme is recommended by the Chesser board and is subject to approval by…
LONDON, UK: Kin and Carta plc, the global digital transformation (DX) consultancy, announced the acquisition of Forecast Data, a global data service provider, further strengthening its high quality data and artificial intelligence (AI) services. Edinburgh-based Forecast Data uses advanced AI and machine learning to drive business performance. The acquisition builds on the successful previous acquisitions…
SYDNEY, AUSTRALIA: Pursuit Minerals Ltd announced the acquisition of a Lithium Carbonate Pilot Plant located in the city of Salta, Argentina. In relation to the Pilot Plant acquisition, Pursuit COO, Aaron Revelle, said: “With the acquisition of the Pilot Plant, Pursuit Minerals confirms its position as the newest pre-eminent Lithium development company in Argentina. The…
LONDON, UK: Halma Plc, the global group of life-saving technology companies, has agreed to acquire Sewertronics Sp. Z o.o. (Sewertronics). Sewertronics’ technology repairs and rehabilitates wastewater pipelines without the need to dig a trench, by inserting a lining into the pipe, which is then cured using its innovative and patented ultraviolet (UV) LED technology. This…
ABU DHABI, UAE: e& enterprise, a subsidiary of Emirates Telecommunications Group Company PJSC, also known as “e&”, has signed a binding agreement to acquire a majority stake in Beehive Group Holdings Limited, which is the first regulated online marketplace for peer-to-peer lending to SMEs (small and medium-sized enterprises) in the MENA (Middle East and North…
LONDON, UK: Liontrust Asset Management, the specialist fund management group, has conditionally agreed to acquire the entire issued share capital of GAM Holding AG (GAM), a global investment management group. The proposed acquisition will be by way of public exchange offer with ordinary shares of 1 pence each in the capital of Liontrust to be…
SYDNEY, AUSTRALIA: Plutus Bidco, an entity controlled by Pemba Capital Partners has agreed to acquire 100% of the issued share capital of MSL Solutions at $0.295 per share by way of a scheme of arrangement. The total cash consideration of $0.295 per share payable by Plutus Bidco implies an equity value of $119 million and…
NEW YORK: Safanad and Global School Management (GSM), an international education platform, announced initial planned investment of $200 million in MENA’s education sector. A commitment is also made to invest significantly beyond this to acquire, manage and develop multiple charter, online, early learning, and K-12 private schools independently and in partnership with regional governments. Global…
LONDON, UK: Coats Group plc, the world’s leading industrial thread manufacturer, has signed a definitive agreement to acquire 100% of Texon International Group Limited, a leading footwear solutions provider, for an enterprise value of $237 million. The acquisition is expected to complete in July, a bourse filing said. Texon, a company with operations in Asia…
BRUSSELS, BELGIUM: Azelis Group, a leading global innovation service provider in the specialty chemicals and food ingredients industry, has signed an agreement to acquire the specialty lubricant (L&MWF1) distribution assets of Ak-taş in Turkey. The transaction includes the oil additive business of Ak-taş as well as the base oil distribution business of Whitechem, a subsidiary…
OSLO, NORWAY: Goodtech ASA has today signed an agreement with the Swedish group BE Group on the sale of 100% of the shares in Goodtech Solutions Manufacturing AB, a statement said. Goodtech Solutions Manufacturing AB is a CNC machining workshop in Arvika in Sweden, with an annual turnover of around SEK 20 million. The company…
AMSTERDAM: MotorK Plc, a leading European SaaS provider for the automotive retail industry, has entered into exclusive negotiations to acquire WebMobil24, a German software provider of stock management solutions and e-commerce platforms to automotive dealers and OEMs. MotorK and WebMobil24 are working together towards a swift completion of the transaction. Over the past 20 years,…