LONDON: abrdn European Logistics Income plc said Monday it has sold two French warehouses for €15.6 million as part of its ongoing managed wind-down. The properties, located in Bruges near Bordeaux and La Crèche near Niort, were acquired by their tenant, Dachser France. Together, the cross-dock parcel facilities provide more than 10,000 square meters of…
LONDON – Christie Group plc (CTG.L), announced that on 19th December 2025 it entered into an agreement to dispose of the business and assets of its visitor attraction software business, Vennersys, to Digital Ticketing Systems Limited (“Digitickets”). The consideration is structured on an initial cash consideration of £0.5m payable upon completion of the sale, and…
LONDON: Octopus Renewables Infrastructure Trust plc, the diversified renewables infrastructure company, today announces it has completed the sale of its entire interest in HYRO Energy Limited (“HYRO”), a UK-based green hydrogen and e-fuels development platform, for a total expected consideration of £4.6 million, in line with the Company’s latest holding value of HYRO. ORIT’s 25%…
LONDON: John Wood Group PLC (Wood) said on Friday it has agreed to sell its North American Transmission & Distribution (T&D) engineering business to Qualus LLC and 2737813 Alberta Ltd for $110 million in cash, as part of its ongoing disposal programme targeting non-core assets. The transaction, expected to close in the third or fourth…
LONDON: Cloudbreak Discovery Plc (LSE: CDL) has finalized the sale of its U.S. assets to G2 Energy Corp., executing definitive contracts for the Masten Unit Energy Project in Texas, the company announced Friday. Under the terms of the agreement, Cloudbreak will receive £50,000 upon signing and an additional £50,000 over the next five months. The…
SYDNEY: Autocycle International Pty Ltd has acquired key operational assets of Entyr Limited’s Stapylton tyre recycling facility for A$450,000, administrators said on Friday, as the insolvent company continues its restructuring process. The transaction, completed by Alvarez & Marsal Australia, includes the sale of plant and equipment, assignment of the facility lease, and transfer of environmental…
SYDNEY: Next Science Limited (ASX:NXS), an Australian medical technology company, announced Tuesday it has entered into a binding agreement to sell the majority of its assets to Italy-based Demetra Holdings S.p.A. for $50 million. The deal includes the sale of regulatory approvals, intellectual property, inventory, and other assets but excludes Next Science’s diabetic foot infection…
LONDON: Caspian Sunrise PLC is set to selling its MJF and South Yelemes structures within the BNG Contract Area to Absolute Resources LLP for $83 million. The exclusivity agreement, valid until 8 August 2024, could lead to a conditional sale and purchase agreement subject to regulatory and shareholder approval. The proposed sale would not include…
LONDON: Bushveld Minerals Limited, a leading vanadium producer listed on AIM, has announced a strategic move to sell its Vanchem asset to Southern Point Resources Fund I S.A. LP (SPR) for up to $40.6 million. The deal includes an initial consideration of $20.6 million and a deferred payment of $15 to $20 million. This decision…
Acorda Therapeutics, Inc. (Nasdaq: ACOR) has entered into a definitive agreement for the sale of all of its assets, including INBRIJA, AMPYRA, and FAMPYRA, to Merz Therapeutics for a total consideration of $185 million. This strategic move comes as Acorda, a prominent name in the pharmaceutical industry, seeks to navigate through Chapter 11 bankruptcy proceedings….