LONDON: Riverstone Energy Limited (REL) announced the proposed sale of 100% of its interest in Onyx Power to ResInvest Group, a privately owned trading and investment company, supplying key commodities for global markets. Onyx Power is a European-based independent power producer that owns and operates approximately 2,350 MW of gross installed capacity of coal-, gas-,…
Tag: acquisition
Coca-Cola HBC AG agrees to acquire 75% shareholding in Coca-Cola Beverages Africa for $2.6 billion
LONDON: Coca-Cola HBC AG has entered into a definitive sale and purchase agreement to acquire a 75% shareholding in Coca-Cola Beverages Africa Pty Ltd (CCBA) from The Coca-Cola Company and Gutsche Family Investments Pty Ltd (GFI) for a combined purchase price of US$2.6 billion, implying an equity value for 100% of CCBA of US$3.4 billion….
Findi secures new funding, acquires Sphere, and sets FY26 targets ahead of Indian IPO
SYDNEY: Australian digital payments firm Findi Ltd said on Tuesday it has arranged a new A$30 million ($19.5 million) debt facility, agreed to acquire technology firm Sphere, and provided financial guidance for fiscal 2026, as it prepares for a planned Indian initial public offering. The new funding will replace an existing A$9.5 million facility and…
Helloworld Travel acquires full stake in Mobile Travel Agents for A$36 million
MELBOURNE: Helloworld Travel Ltd (ASX:HLO) said on Tuesday it has acquired the remaining 50% stake in Mobile Travel Holdings, trading as Mobile Travel Agents (MTA), for approximately A$36 million, bringing its total investment in the Gold Coast-based mobile travel agency to around A$50 million. The deal, which values MTA at five times earnings, is expected…
LaunchPad acquires Scott Home Services and Attik Field Solutions
AUSTIN: LaunchPad Home Group, the nation’s largest provider of home inspection and residential services, announced Tuesday it has acquired two companies: Colorado-based Scott Home Services and technology platform Attik Field Service Solutions. The dual acquisitions are designed to strengthen LaunchPad’s regional service offerings and introduce a new, integrated digital platform for homebuyers and real estate…
Infratil Limited acquires 4.92% Contact Energy stake to 14.3% in $261.5 million deal
WELLINGTON: New Zealand’s Infratil Limited (IFT.NZ) said on Monday it has agreed to acquire a further 4.92% stake in power generator Contact Energy Limited (CEN.NZ) for NZ$437.7 million ($261.5 million), increasing its total holding to 14.3%. The infrastructure investor will buy the stake from TECT Holdings, the former Tauranga Energy Consumer Trust, at NZ$8.95 per Contact share, according…
Veris acquires Mesh and 50% of Parsel digital platform to boost consulting, digital revenue
SYDNEY: Australian consulting firm Veris Limited (VRS.AX) said on Monday it had agreed to acquire planning consultancy Mesh Livable Communities and a 50% stake in its digital platform Parsel, in a move to expand its higher-margin advisory and digital solutions business. Veris will pay up to A$3.18 million for Mesh, comprising A$2.38 million upfront and up…
Certerra acquires Farabaugh Engineering to expand testing capabilities nationwide
REDMOND: Certerra, a leading provider of technology-enabled testing, inspection, and certification services for critical infrastructure, announced Thursday it has acquired Farabaugh Engineering and Testing, a specialized firm offering product testing, auditing, and engineering services for construction and building components. The acquisition strengthens Certerra’s Analytical Labs and Building Products Divisions, expanding its technical capabilities and geographic…
GB Group has acquired DataTools Pty Ltd FOR AUD 16 million
LONDON: GB Group (GBG), a global identity technology business enabling safe and rewarding digital lives, has acquired DataTools Pty Ltd (“DataTools”), a leading provider of address validation and data quality solutions in Australia and New Zealand. This bolt-on acquisition adds scale where GBG is already enjoying strong growth, deepening our existing address verification presence…
Hercules plc has acquired Lyons Power Services
LONDON: Hercules plc (AIM: HERC), a leading technology-enabled labour supply company for the UK infrastructure and construction sectors, has acquired a 70% shareholding in Warrington-based Lyons Power Services Ltd , a specialist UK and overseas provider of power and energy infrastructure services. The transaction is for a total consideration of £702,800 to be satisfied half…
Jumbo Interactive acquires UK prize draw firm Dream Car Giveaways for A$134 million
SYDNEY: Jumbo Interactive Ltd (ASX:JIN) said on Wednesday it has completed the acquisition of UK-based prize draw operator Dream Car Giveaways (DCG) for up to A$134.2 million (£65.8 million), marking its entry into Britain’s fast-growing digital prize draw market. The deal, funded through a mix of cash, equity and debt, includes upfront cash of A$99.5…
MyHealthChecked agrees to sell Concepta Diagnostics Limited for £2.375 million
LONDON: MyHealthChecked PLC (AIM: MHC), the consumer home-testing healthcare company, announced that it has agreed the conditional sale of the Group’s trading subsidiary Concepta Diagnostics Limited to Boots UK Limited for a total consideration of £2.375 million. Concepta distributes and commercialises a range of at-home healthcare and wellness tests and has developed an accompanying proprietary…