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.
LONDON: Zegona Communications plc announced that a wholly-owned subsidiary of MasMovil Ibercom, has launched a tender offer to acquire its 100% of Euskaltel S.A. for €11.17 per share in cash. Euskaltel is Zegona’s Spanish telecoms investment and its main asset. Zegona is the lead shareholder in Euskaltel, owning 21.4% of the company (38.3 million shares)….
LONDON: Renew Holdings has agreed to acquire the entire issued share capital of J Browne Group Holdings Limited for a cash consideration of £29.5 million, a news release said. J Browne is a water focused engineering services business based in Enfield, North London, operating throughout the South of England for Thames Water, Southern Water, Affinity…
OSLO: Saga Pure ASA has committed to subscribe for NOK 30 million in a private placement of new shares in IC Technologies AS (ICT), which is developing a novel storage solution for liquid hydrogen and LNG. “One of the crucial elements in the hydrogen value chain is storage, distribution and transportation. Liquid hydrogen is the…
LONDON: Apax X Fund, in which AGA is a limited partner, announced that it has entered into a definitive agreement to acquire a majority stake in Rodenstock Group, a leading manufacturer of premium ophthalmic lenses. The transaction is expected to close by Q3 2021, subject to applicable regulatory requirements, a news release said. On a…
AUCKLAND: Seeka Limited has entered into an amalgamation agreement which offers the shareholders of the leading regional integrated kiwifruit business Opotiki Packing and Cool Storage Limited (OPAC) new shares in Seeka Limited. The OPAC shareholders will receive new shares in Seeka at the ratio of 1.4833 Seeka shares for every 1 OPAC share held, valuing…
LONDON: Altona Rare Earths has entered into a Memorandum of Understanding (MoU) with Ussokoti Investimetos Limitada to start a legal and technical Due Diligence period of 90 days with a view to acquiring up to 70% in the Monte Muambe Rare Earths Project, via an earn-in arrangement. The tenement is located in Tete Province, Northwestern…
VANCOUVER: Scotch Creek Ventures Inc. has entered into an agreement to acquire two substantial lithium properties in the Clayton Valley, Nevada, a news release said. The two projects, Highlands West and Macallan East, are located in the highly prospective district for lithium exploration and production, which is home to a number of publicly listed companies…
LONDON, UK: JLEN Environmental Assets Group Limited has acquired 100% equity stake in Rainworth Energy Limited (REL), for a consideration of £5.8 million subject to adjustment for working capital. REL holds the rights and operational assets that make up the Rainworth anaerobic digestion (AD) plant, a 2.2MW electrical plant based in Nottinghamshire, UK, close to…
LONDON: Chariot Oil & Gas, the Africa focused transitional energy company, has signed share purchase agreements (SPAs) for the acquisition of the business of Africa Energy Management Platform (AEMP) for consideration of up to US$2 million payable primarily in Chariot Ordinary Shares, representing up to c.4% of Chariot’s enlarged share capital. AEMP is a renewable…
LONDON: Halfords Group has reached agreement to acquire Universal Tyre and Autocentres, a well-established motoring services provider in the South East of the UK, for consideration of £15 million, a news release said. Approximately £9 million of the purchase price relates to the acquisition of real-estate and the net cash position of the business, with…
LONDON: XLMedia Plc has entered into an agreement to acquire the business and assets of Sports Betting Dime (SBD) for a total approximate consideration of US$26 million. In addition XLMedia announces its intention to raise gross proceeds of £23 million by means of a placing, a direct subscription with the Company and an Open Offer….
LONDON: Supply@ME Capital plc, the innovative fintech platform which provides the Inventory Monetisation service to manufacturing and trading companies, has signed Heads of Terms (HoT) for the acquisition of a leading FinTech-powered commodities trade enabler, focused on SMEs, based in Singapore. The acquisition will allow SYME’s Platform to complete its global offering, by monetising inventory…