LONDON, UK: Cineworld Group has announced proposed acquisition of the largest cinema operator in Canada with a highly attractive, well-invested portfolio and a 75 per cent box office market share, for a consideration of CAD 2.8 billion. Cineworld Group has signed an arrangement agreement with Cineplex Inc. pursuant to which Cineplex shareholders will receive CAD34…
Tag: acquisition
Gateley acquires T-three Group for £3.4 million
LONDON, UK: Gateley (Holdings) Plc, the legal and professional services group, has announced the acquisition of T-three Group for a consideration of £3.4 million. T-three complements Kiddy & Partners, which Gateley acquired in July 2018, and together these businesses create one of the largest specialist Human Capital consultancy businesses in the UK. T-three offers services…
Li3 completes acquisition of Warrigal Mining
SYDNEY: Lithium Consolidated Ltd (Li3) has completed acquisition of 100% of Warrigal Mining Pty Ltd, a Western Australian based exploration company. Under the share sale agreement, Li3 agreed to provide consideration in 3 tranches and advises that is has provided the following consideration to complete Tranches 1 and 2: Tranche 1: Li3 has issued a…
Newton Fallowell to acquire Lovelles Estate Agency for £2.0 million
LONDON, UK: Newton Fallowell Limited, a wholly owned Belvoir Group subsidiary, has agreed to acquire the business and assets of the estate agency business operated by Lovelle Estate Agency Limited and Lovelle Bacons LLP. The overall consideration for the acquisition is £2.0 million to be satisfied in cash from existing cash reserves. The Acquisition will…
DWF to acquire Spanish law firm RCD for €50.5 million
LONDON: DWF Group has reached a definitive agreement to acquire Rousaud Costas Duran (RCD), an independent Spanish law firm, for up to €50.5 million (£42.5m) in shares and cash with the transaction expected to complete prior to 31 December 2019. Initial consideration consisting of €7.4 million (£6.2m) in cash and €27.6 million (£23.2m) in newly…
Zenith shelves plans to acquire Norwegian oil & gas company Nordic Petroleum
LONDON: Zenith Energy Ltd has decided to discontinue its plans to acquire a Norwegian oil & gas company, Nordic Petroleum AS, by way of an exchange of equity as announced on November 4, 2019. Due to unexpected complications and potentially high costs to complete the Proposed Acquisition, the Board has decided not to proceed with…
Quorum acquires Moorfield Nanotechnology for £2.3 million
LONDON, UK: Judges Scientific’s wholly owned subsidiary Quorum Technologies Limited has acquired 100% of the issued share capital of Moorfield Nanotechnology Limited, a maker of coating instruments based in Knutsford, Cheshire. The Board expects the acquisition to be immediately earnings enhancing. The purchase price of Moorfield, paid in cash at completion, amounts to £2.3 million….
NewRiver acquires Bravo Inns for £17.9 million
LONDON, UK: NewRiver REIT announced the acquisition of community pub company Bravo Inns Limited for £17.9 million, representing an EBITDA multiple of 6.8x. The transaction is expected to generate annualised outlet EBITDA of £2.6 million, equating to a yield on cost of 14%, which excludes £0.3 million of synergies expected to be realised through the…
Advanced Medical acquires French Biomatlante for €8 million
WINSFORD: Advanced Medical Solutions Group has acquired French company Biomatlante SA, a well-established international developer and manufacturer of innovative surgical biomaterial technologies for €8 million, with a potential further up to €0.3 million due over the next two years. Advanced is the surgical and advanced wound care specialist company. The acquisition will strengthen AMS’s product…
Regal Petroleum to acquire UNI
LONDON: Regal Petroleum plc has entered into a Memorandum of Understanding (MoU) for the acquisition of PJSC Science and Production Concern Ukrnaftinvest (UNI), which holds the Belolisky and Alibeysk-Trapivska production licences in Ukraine. The Memorandum is made between the Company and Ms Lidiia Chernysh and Bolaso Investments Limited, who each own 50% of the issued…
Kin and Carta acquires Spire Digital for $14.8 million
LONDON: Kin and Carta plc has announced the acquisition of Spire Digital, Inc., a private US-based digital transformation (DX) consulting firm for a cash consideration of $14.8 million. The acquisition supports Kin + Carta’s stated ambition to grow both organically and through strategic acquisitions that complement its client offering and expand its geographic reach. It…
Uniphar marks its entry into Nordic and Baltic markets with acquisitions
LONDON: Uniphar plc has announced acquisition of Nordic-based medtech service provider, EPS Group and Irish-based medtech service provider M3 Medical Limited. The EPS Group comprises EPS Vascular AB and EP Endovascular AB, both registered in Sweden and EPS Vascular OY registered in Finland. M3 Medical is an Irish registered business. Both the EPS Group and…