LONDON: CEPS Plc’s subsidiary company, Signature Fabrics Limited has acquired 90 percent of the issued share capital of a newly incorporated company, Milano International Holdings Limited, which has been formed to acquire 100 percent of the issued share capital of Milano International Limited, trading as Milano Pro Sport, for a consideration of £1.85 million.…
LONDON: Polypipe Group plc, a leading provider of sustainable water and climate management solutions for the built environment, today announced the acquisition of the Alderburgh Group of companies for a total cash consideration of £14 million on a cash and debt free, normalised working capital basis. Alderburgh is a leading designer, manufacturer and installer…
VANCOUVER: TerraX Minerals Inc. has entered into an agreement with Gold Matter Corporation, a private closely-held corporation, whereby the Company will acquire all of the shares of Gold Matter in exchange for 5 million shares of the Company on a one-for-one basis, resulting in former shareholders of Gold Matter holding approximately 4% of the…
SYDNEY, AUSTRALIA: Multi-award-winning Australian technology company Calix Limited has entered into a binding agreement to acquire 100% of US-based Inland Environmental Resources (IER) and successfully completed a placement of $12 million to cover both the cost of the acquisition and additional capital for accelerating US market expansion. Calix has entered into a binding agreement…
PERTH: Wesfarmers Limited has announced the implementation of the Scheme of Arrangement under which Wesfarmers Lithium Pty Ltd, a wholly owned subsidiary of Wesfarmers Limited, has acquired all of the issued ordinary shares in Kidman Resources. With the completion of the transaction, Wesfarmers holds a 50 percent interest in the Mt Holland lithium project…
AUCKLAND: Living Cells Technologies (LCT) holds 121,995 shares in Semma Therapeutics, worth an anticipated USD 838,105 which would be realised on Vertex Pharmaceuticals Incorporated completing its acquisition of Semma Therapeutics. The acquisition is anticipated to close in the fourth quarter of 2019, subject to certain conditions. Semma Therapeutics, a privately held biotechnology company pioneering…
BIRMINGHAM: Diversified Gas & Oil, the U.S. based owner and operator of natural gas, natural gas liquids and oil wells as well as midstream assets, has completed the purchase of certain assets from EdgeMarc Energy Holdings, LLC, and certain of its subsidiaries. The consideration for the acquisition was $50 million funded from existing debt…
LONDON: Rosenblatt Group plc, the professional services group, has announced the acquisition of Convex Capital Limited, a specialist sell-side M&A corporate finance boutique, based in Manchester, UK. The total consideration for the acquisition, assuming all earn-out and deferred consideration payments are made, is £22 million. The acquisition is in line with the Group’s M&A…
LONDON: Ocean Outdoor Limited has acquired Visual Art, a Sweden based independent, pure-play digital, out-of-home media and tech group operating in three Nordic countries and Germany. The deal is structured as two simultaneous transactions in which Ocean acquires the out-of-home assets of Visual Art (Visual Art Media) for a total consideration of approximately €63…