LONDON, UK: Entain plc (LSE: ENT) has agreed to acquire the entire share capital of BetEnt B.V., which trades under the BetCity.nl name from Sports Entertainment Media B.V. for an initial consideration of €300m and deferred contingent consideration of up to €550m, a statement said. BetCity is one of the Netherlands’ leading online sports betting and…
LONDON, UK: Senior plc has signed a definitive agreement to acquire substantially all of the assets of Spencer Aerospace Manufacturing, LLC, a leading manufacturer of highly engineered, high-pressure hydraulic fluid fittings for use in commercial and military aerospace applications. Senior has agreed to pay £48m ($60m) for Spencer Aerospace, comprising an initial consideration of £24m…
SYDNEY, AUSTRALIA: PeopleIn Limited (ASX: PPE) has entered into an agreement to acquire 100% of the shares in FIP Group Holdings Pty Ltd (FIP). FIP Group is a workforce solutions business that is one of the largest providers of staff to the food sector in Australia. It employs a significant number of these workers under…
LONDON, UK: Tavistock Investments (AIM: TAVI) has entered into an agreement to acquire the entire issued share capital of LEBC Hummingbird Limited. Hummingbird Limited is an unregulated business that provides research on the asset class allocations to be used within funds and model portfolios. Its service is designed to help investment managers match their investment…
LONDON, UK: Next Fifteen Communications Group and the M&C Saatchi Independent Directors have reached agreement on the terms of a recommended cash and share acquisition by which the entire issued and to be issued ordinary share capital of M&C Saatchi will be acquired by Next Fifteen Communications, to be effected by means of a court…
LONDON, UK: TEAM plc has conditionally agreed to acquire the entire issued and to be issued share capital of Concentric Group Limited. Concentric is a Jersey based financial planning and investment consultancy business, delivering market-leading investment performance and analysis for high net worth individuals and institutional investors in Jersey and internationally. An initial consideration of…
LONDON, UK: Spectris plc (LSE: SXS), the expert in providing insight through precision measurement, has signed a purchase agreement to acquire Dytran Instruments Inc. for $82 million (£66 million), valuing the business at 15.8x EBITDA for the 12 months ending March 2022. The transaction is subject to regulatory approval and is anticipated to close in…
LONDON, UK: The boards of directors of GXO Logistics Inc. (GXO) and Clipper Logistics plc have reached agreement on the terms of a recommended cash and share acquisition by which the entire issued and to be issued ordinary share capital of Clipper will be acquired by GXO. Based on the Agreed Value of a GXO…
SYDNEY, AUSTRALIA: Zip Co Limited (ASX: Z1P) has entered into a definitive agreement to acquire Sezzle Inc. in an all-scrip transaction by way of a statutory merger under the laws of the State of Delaware. Subject to the satisfaction or waiver of specified closing conditions, Sezzle stockholders will be entitled to receive 0.98 Zip ordinary…
LONDON, UK: Seplat Energy Plc, a leading Nigerian energy company, has entered into an agreement to acquire the entire share capital of Mobil Producing Nigeria Unlimited (MPNU) from Exxon Mobil Corporation, Delaware. Completion of the Transaction is subject to Ministerial Consent and other required regulatory approvals. Seplat Energy will acquire the entire share capital of…
SYDNEY, AUSTRALIA: Halo Food Co. Limited (ASX: HLF) has signed a binding conditional agreement to acquire The Healthy Mummy Holdings (THM) for $17.0mn plus an earn-out of up to $5.0mn. The Healthy Mummy is a leading digital health and wellness business. Upon completion of the acquisition, the vendors of THM being Whiteoak Pty Limited and…
ROTTERDAM, THE NETHERLANDS: IMCD N.V. announced that IMCD Brasil has signed an agreement to acquire 100% of the shares of Polyorganic Tecnologia Ltda. “Polyorganic’s technical capabilities, market expertise and strong product portfolio are an excellent fit with IMCD and complements our growing presence in the HI&I market,” said Nicolas Kaufmann, Managing Director, IMCD Brasil. “Sanitation…