LONDON: NatWest Group plc has entered into an agreement with Metro Bank plc to acquire a £2.5 billion portfolio of prime UK residential mortgages, with a weighted average current loan to value of c.62%. On completion of the transaction NatWest Group expects to welcome around 10,000 customer accounts which will continue to be serviced by Metro Bank, in…
All posts tagged acquires
ACG Acquisition Company acquires Gediktepe Mine in Türkiye
LONDON: ACG Acquisition Company today announced that it has agreed to the $290 million transaction with Lidya, a subsidiary of Istanbul-based conglomerate Çalık Holding, for the acquisition of 100% of the shares in Polimetal Madencilik Sanayi ve Ticaret A.Ş. and associated sulphide expansion project financing. Polimetal holds mining rights and operates the Gediktepe mine in Türkiye. As…
Mitie Group acquires ESM Power in a £8.5 million deal
LONDON: Mitie Group plc has entered into an agreement to acquire ESM Power, a leading high voltage electrical engineering business specialising in grid and power connections, for a maximum consideration of £8.5m (comprising an initial payment of £5.5m and performance-linked deferred payments of up to £3m over two years). Completion is expected on 31 July…
Seeing Machines acquires Asaphus Vision GmbH; signs collaboration with Valeo
has announced the acquisition of Asaphus Vision GmbH, a highly specialised development group with leading Machine Learning (ML) and Artificial Intelligence (AI) capability
Excite Technology Services acquires CBIT Digital Forensic Services
SYDNEY, AUSTRALIA: Excite Technology Services Limited has signed a binding term sheet to acquire 100% of the issued capital of CBIT Pty Limited and related entities, known together as CBIT Digital Forensic Services (CDFS). The acquisition will be subject to completion of successful due diligence along with ASX and shareholder approvals. Excite CEO, Bryan Saba…
Kennedy Wilson acquires Heathrow Estate in West London for $111 million
Kennedy Wilson (NYSE: KW) and its partner have acquired Heathrow Estate, a high quality multi-let industrial property in a prime distribution location in West London
Capral acquires Apple Aluminium in Brisbane
SYDNEY, AUSTRALIA: Capral (ASX:CAA), a leading aluminum solutions provider, has announced the acquisition of Apple Aluminium, a Brisbane-based company known for its exceptional customer service and expertise in industrial light fabrication and CNC machinery. The strategic move aims to strengthen Capral’s market presence and enhance operational capabilities. Capral’s decision to acquire Apple Aluminium aligns with…
UK-based Alif Capital acquires Pakistani E-commerce firm Alif Innovations
ISLAMABAD: The Competition Commission of Pakistan (CCP) has approved the acquisition of M/s Alif Innovations (Private) Limited by London-based M/s Alif Capital Holdings Limited. M/s Alif Capital Holdings Limited, a private limited company registered in England and Wales, acts as a holding company for various investments. The target company, M/s Alif Innovations (Private) Limited, is registered…
GenNx360 Capital Partners acquires Electro-Motion Inc
NEW YORK: GenNx360 Capital Partners announced GenServe’s acquisition of Electro-Motion Inc. GenServe is a portfolio company of GenNx360 Capital Partners, a New York-based private equity firm investing in middle market business services and industrial companies. GenServe is a leading independent provider of scheduled and emergency power generator maintenance, repair and sales in the Northeast region,…
Critical Metals Corp acquires Greenland’s Tanbreez Rare Earth Mine
SYDNEY, AUSTRALIA: Critical Metals Corp. has announced the acquisition of a 92.5% controlling interest in the Tanbreez Greenland Rare Earth Mine. The deal, which sees European Lithium Limited retaining a 7.5% stake, positions the Tanbreez Project as a key player in the global rare earth market. The Tanbreez Project, located in Southern Greenland, is a…
Oracle Power acquires Blue Rock Valley Copper and Silver Project in Australia
LONDON: Oracle Power (AIM:ORCP) has announced the conditional acquisition of the entire Blue Rock Valley Copper and Silver Project in Western Australia, following the completion of due diligence. The project, located 165km southeast of Onslow, is poised for development with historical assays indicating high-grade copper and silver, and potential for uranium. Key Highlights: – Acquisition:…
Gaming Innovation Group acquires Casinomeister for EUR 3 million
OSLO, NORWAY: Gaming Innovation Group Inc. (GiG) announced the strategic acquisition of Casinomeister, a pioneering online casino advocacy and review platform. The transaction is structured as an asset purchase for Euro 3 million. GiG expects to close the transaction in June. The acquisition will have an immediate positive financial impact, expected to increase going forward…