LONDON, UK: CentralNic Group has completed the acquisition of Team Internet, a web service provider based in Munich, Germany. CentralNic, the company that supplies domain name and web services subscriptions over its proprietary platforms to millions of businesses globally, also announced that, pursuant to the terms of the Transaction, as well as cash consideration of…
Tag: acquisition
Marshall Motor acquires business and assets from Jardine Motor Group
LONDON, UK: Marshall Motor Holdings has acquired the business and assets of a portfolio of Volkswagen and ŠKODA passenger and commercial vehicle franchises from Jardine Motor Group UK Limited for up to £22.3 million cash including £13.0 million of inventory. The businesses comprise six Volkswagen passenger car franchises in Aylesbury, Harlow, Letchworth, Loughton, Milton Keynes…
SICO becomes issue execution advisor to proposed acquisition of BISB by National Bank of Bahrain
MANAMA, BAHRAIN: SICO BSC has been recently appointed as issue execution advisor, receiving agent, and allotment agent in the proposed voluntary acquisition of Bahrain Islamic Bank (BISB) by National Bank of Bahrain (NBB). SICO BSC is a leading regional asset manager, broker, market maker and investment bank (licensed as a wholesale bank by the CBB)….
Uniti Group acquires 1300 Holdings
ADELAIDE: Uniti Group Limited (UWL) has completed its acquisition of 1300 Holdings Pty Ltd and subsidiaries (1300). Settlement of the 1300 acquisition occurred with the issue of 12,345,682 ordinary fully paid shares in UWL, together with a net cash payment of $58 million. The 1300 acquisition is highly complementary with UWL’s Speciality Services pillar and…
Star Resources to acquire stake in Kalgoorlie Super Pit gold mine, associated assets for $800mn
SUBIACO: Star Resources has agreed with Newmont Goldcorp Corporation’s Australian subsidiary to acquire 50 percent of the Kalgoorlie Super Pit gold mine for US$775 million and additional associated assets for US$25 million, taking the total consideration to US$800 million. The acquisition will generate a host of substantial benefits for Northern Star shareholders. The acquisition also…
Cranswick acquires premium outdoor pig farming business, Packington Pork Limited
LONDON: Cranswick plc has acquired Packington Pork Limited from the Mercer family. Packington Pork Limited comprises pig farming and rearing operations and specialises in the production of British free range and outdoor bred pigs. Cranswick is a leading and innovative supplier of premium, fresh and added value food products. The business operates predominantly from a…
Sirius completes €44.5mn acquisition of Alzenau Business Park
LONDON: Sirius Real Estate has completed the acquisition of Alzenau Business Park, 34km east of Frankfurt am Main against a total purchase consideration of €44.5 million, including acquisition costs of €2.5 million. The acquisition will initially be funded using proceeds from recent asset recycling activity and will be injected into an existing facility in the…
Cineworld to acquire Canada based Cineplex for CAD 2.8 billion
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…
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…