OSLO, NORWAY: SpectrumOne AB (publ) has completed the acquisition of Cloud Explorers AS. Furthermore, SpectrumOne has entered a guarantee commitment of approximately SEK 25 million, as previously communicated, with Jörns Bullmarknad AB. Lastly, the board informs regarding an updated preliminary timeline for the planned rights issue and directed issue of units and exercise period of…
Tag: acquisition
Greencoat to acquire 51.9MW of operating wind capacity in France for €30.3 million
DUBLIN: Greencoat Renewables PLC, the company invested in euro-dominated assets, signed agreement to acquire a portfolio of operating wind assets in France from John Laing Group for a total consideration of €30.3 million. The portfolio of three wind farms come with 16-year long term fixed rate project finance and have an overall net enterprise value…
Abcam extends capabilities with the acquisition of Marker Gene Technologies
LONDON: Abcam Plc, a global innovator in life science reagents and tools, announced the acquisition of the entire issued share capital of Marker Gene Technologies (MGT). Financial terms of the acquisition have not been disclosed and are expected to have a minimal impact on revenue and earnings in the current financial year. Following the recent…
DP World completes acquisition of Fraser Surrey Docks
DUBAI: DP World PLC has announced the acquisition of Fraser Surrey Docks from Macquarie Infrastructure Partners (MIP). MIP is a fund managed by the Macquarie Infrastructure and Real Assets (MIRA) division of Macquarie Group. The purchase consideration is below 2.5% of DP World’s net asset value as of FY20181. The acquisition will be effected through…
Bunzl makes further acquisitions in Brazil and Denmark
LONDON, UK: Bunzl plc, the specialist international distribution and services group, has announced two further acquisitions in Brazil and Denmark. Medcorp, a distributor of healthcare related products based in Sao Paulo, was acquired at the end of January. It is principally engaged in the supply of a broad range of consumable medical products, particularly those…
Landscape Acquisition Holdings complete $860mn acquisition of AP WIP Investments Holdings
TORTOLA: Landscape Acquisition Holdings Limited has completed its acquisition of AP WIP Investments Holdings from Associated Partners for approximately US$860 million consisting of cash, shares and assumption of debt. AP Wireless is one of the largest international aggregators of rental streams underlying wireless sites through the acquisition of wireless telecom real property interests and contractual…
Coats announced completion of Pharr High Performance Yarns acquisition
LONDON: Coats Group, a leading industrial thread manufacturer, has completed the acquisition of the business and assets of Pharr High Performance Yarns, following receipt of the required regulatory approvals and other completion procedures, the transaction was completed on 10 February 2020. Pharr HP is a market leading manufacturer of high-performance engineered yarns based in McAdenville,…
Mediclinic Southern Africa gets approval for the acquisition of Matlosana hospitals
LONDON: Mediclinic International, a diversified private healthcare services group, announced that its Mediclinic Southern Africa division has received approval for its proposed acquisition of a controlling share in Matlosana Medical Health Services Proprietary Limited, based in Klerksdorp in the North-West Province of South Africa. The acquisition includes two multi-disciplinary hospitals namely the 185-bed Wilmed Park…
SDCL completes $110 million acquisition of Primary Energy stake
LONDON: SDCL Energy Efficiency Income Trust plc has completed the acquisition of a 50% interest in Primary Energy, a portfolio of recycled energy and cogeneration projects located in Indiana, USA, from a consortium led by Fortistar LLC for an equity cash consideration of approximately $110 million. The 298MW portfolio consists of five operating projects which…
Plukka closes public offer and acquisition of Tesoro Resources Limited
PERTH: Plukka Limited announced that its public offer of fully paid ordinary shares to raise a minimum of $4.5 million has closed, with a total amount raised of $4.63 million, and the issue of Shares under the offer is now complete. The Public Offer was conducted in connection with the Company’s acquisition of 100% of…
Aberdeen completes €49.9 million acquisition of logistics warehouse in Den Hoorn
LONDON: Aberdeen Standard European Logistics Income has completed its acquisition of the freehold logistics warehouse in Den Hoorn, the Netherlands, for a net value of €49.9 million, providing a net initial yield of 4.5%. This is a newly built warehouse on a perpetual leasehold with the option to purchase the freehold from the local municipality….
Pennant International to acquire Absolute Data Group for AUD 6.5 million
LONDON: Pennant International Group has exchanged contracts to acquire the entire issued share capital of Australian software business, Absolute Data Group (ADG). The maximum consideration for the acquisition is AUD 6.5 million (£3.44 million), subject to adjustment on completion for cash, working capital and debt. 50% of the price is payable upfront with AUD 0.325…