AUCKLAND: Spark New Zealand has finalized the sale of its remaining 17% stake in Connexa, New Zealand’s leading mobile tower infrastructure business, to global investment group CDPQ for approximately $311 million. The transaction, which was contingent on regulatory approvals, has now been completed. The deal values Connexa consistently with previous New Zealand mobile tower EBITDAI…
All posts tagged completes sale
Finseta plc completes sale of Capital Currencies Ltd
LONDON, UK: Finseta plc (AIM: FIN), a foreign exchange and payments solutions company offering multi-currency accounts to businesses and individuals through its proprietary technology platform, announced the completion of the sale of 100% of the share capital of Capital Currencies Ltd, following the receipt of regulatory approval from the Financial Conduct Authority. In accordance with…
Boral completes sale of North American Fly Ash business
SYDNEY, AUSTRALIA: Boral Limited (ASX: BLD) announced completion of the sale of its North American Fly Ash business to Eco Material Technologies Inc for US$755 million. After completion adjustments, proceeds on sale total ∼A$9602 million, excluding US$20 million to be received over the next two years, and prior to payment of US income tax and…
Oilex Ltd completes sale of Bhandut Production Sharing Contract
SYDNEY, AUSTRALIA: Oilex Ltd advised that the sale of its 40% participating interest (PI) in the Bhandut Production Sharing Contract (Bhandut PSC) has now completed following the receipt of US$290,000 from the buyer. An additional payment of US$28,000 is expected for final cash calls related to Oilex’s interest in the Bhandut PSC. On 28 January…
L3Harris Technologies completes sale of EOTech to American Holoptics
MELBOURNE: L3Harris Technologies has completed the previously announced sale of its EOTech business to American Holoptics, an affiliate of Koucar Management. With annual revenue of approximately $60 million, L3Harris’ EOTech business manufactures holographic sighting systems, magnified field optics and accessories for military, law enforcement and commercial markets around the world, a news release said. L3Harris…