Acquire

  • Brooks Macdonald to acquire Cornelian Asset Managers for £39 million

    LONDON, UK: Brooks Macdonald Group has entered into a binding agreement to acquire 100% of the issued share capital of Cornelian Asset Managers Group Limited, the Edinburgh based independent wealth and asset manager from its shareholders, including senior management. The total net consideration is expected to be up to £39 million, with initial consideration…

  • Abacus Property to acquire 99 Walker Street for $311.3mn

    SYDNEY, AUSTRALIA: Abacus Property Group has exchanged contracts for the acquisition of 99 Walker Street, North Sydney NSW, with settlement anticipated, subject only to FIRB approval, by calendar year end. Total consideration for the acquisition is $311.3 million, excluding transaction costs and reflects circa $16,100 per square metre of net lettable area (NLA). The…

  • Greencoat acquires 20.4MW Killala Community wind farm for €37.2 million

    DUBLIN: Greencoat Renewables PLC the Irish renewable infrastructure company invested in euro-dominated assets has acquired Killala Community Wind Farm, a 20.4MW wind farm situated in County Mayo. The project consists of 5 Siemens 3.4MW turbines that have been operational since July 2019. An additional Siemens 3.4MW turbine is currently under construction which will bring…

  • Entra acquires development property in Bergen

    OSLO: Entra ASA has acquired the property Møllendalsveien 6-8, located in Entra’s existing property cluster and nearby Media City Bergen , for a property value of NOK 400 million. Møllendalsveien 6-8 is a 14,500 sqm office property with an annual rent of NOK 26,4 mill. The average lease contract duration is approximately 1.2 year.…

  • Saint-Gobain to acquire Continental Building Products for $1.4bn

    LONDON: Saint-Gobain and Continental Building Products have entered into a definitive agreement pursuant to which Saint-Gobain will acquire all of the outstanding shares of Continental Building Products for $37.00 per share, in cash, in a transaction valued at approximately $1.4 billion (approximately €1.3 billion). The business combination has been unanimously approved by the Board…

  • Alpha FMC acquires cloud SaaS business for £5.7 million

    LONDON: Alpha FMC has completed the acquisition of 100% of the issued share capital of Obsidian Solutions Limited, a financial services cloud SaaS business in the United Kingdom for £5.7 million cash payable in two instalments, the first instalment being payable on completion and the second after six months. Alpha FMC is a leading…

  • Azure Health Technology to acquire Invictus Biopharma Ltd

    SYDNEY: Azure Health Technology Limited has signed a binding, conditional Memorandum of Understanding (MOU) with Invictus Biopharma Ltd to acquire 100% of the issued capital of Invictus, in return for equity in Azure and the assumption of up to $1.2 million of Invictus’ net liability to creditors and lenders. It is expected that Azure…

  • Induction healthcare acquires Horizon Strategic Partners for £2.5 million

    LONDON: Induction Healthcare Group PLC has acquired Horizon Strategic Partners Limited. Under the terms of the acquisition, the Group will purchase Horizon for a total consideration of up to £2.5 million, comprising an initial payment of £1 million and deferred contingent consideration of up to £1.5 million which can be settled for cash and…

  • PipeHawk acquires Wessex Precision Instruments Limited

    LONDON: PipeHawk Plc has acquired the entire issued share capital of Wessex Precision Instruments Limited for a consideration of £1. Wessex produces and sells a range of equipment for testing the slip resistance characteristics of aggregates used in public areas, including in supermarkets and around swimming pools. The Board believes that the Wessex business…

  • Eastspring signs agreement to acquire 50.1pc stake in Thanachart Fund

    LONDON: Eastspring Investments, the Asian asset management business of Prudential plc, has signed an agreement to acquire 50.1 percent of Thanachart Fund Management Co., Ltd. (TFUND) from Thanachart Bank Public Company Ltd. (TBANK) and Government Savings Bank (GSB). Following this acquisition TBANK’s customers will have access to Eastspring’s world class investment solutions. The consideration…

  • Keppel Land acquires commercial property in Shanghai’s Pudong District

    SINGAPORE: Keppel Land China Limited has entered into a share sale and purchase agreement to acquire 100% equity interest of several wholly-owned subsidiaries of The9 Limited in China which collectively own Zhangjiang Micro-electronic Port Block #3, a completed commercial property in Pudong District, Shanghai, for an aggregate sum of RMB493 million. The transaction is…