LONDON – British investment firm Caledonian Holdings Plc (AIM: CHP) said on Tuesday it had agreed to acquire fintech company Aspire Commerce Group Ltd for a nominal £1, a deal that grants it a regulated platform to build out its financial technology ambitions. The proposed acquisition values Aspire at an enterprise value of £9.49 million,…
AMSTERDAM: OCI Global (Euronext: OCI) a leading global producer and distributor of nitrogen products today announced that it has reached an agreement for the sale of 100% of its equity interests in OCI Ammonia Holding B.V. to AGROFERT. AGROFERT is a significant European nitrogen products manufacturer. The total consideration of the deal is EUR…
LONDON – PhillipCapital UK LTD has agreed to acquire wealth manager Walker Crips Group PLC WCGS.L in a recommended cash deal that values the London-listed company at approximately £5.96 million, the companies announced on Monday. The offer of 14 pence per share represents a premium of about 86.7% to Walker Crips’ closing price of 7.5…
SYDNEY – Australian logistics giant Qube Holdings (QUB.AX) said on Monday it received a non-binding takeover proposal from Macquarie Asset Management valuing the company at an enterprise value of A$11.6 billion ($7.49 billion). The offer of A$5.20 per share in cash represents a 28% premium to Qube’s last closing price of A$4.07 on Friday.…
PARIS – French industrial group Compagnie Chargeurs Invest said on Monday it has entered into exclusive negotiations to sell a majority stake in its protective films unit Novacel to U.S. investment firm KPS Capital Partners. Chargeurs intends to retain a 25% minority stake in Novacel and would use the cash proceeds from the all-cash…
BRUSSELS: Belgian pharmaceutical compounding firm Fagron said on Monday it had acquired the business of Poland’s Amara and Hungary’s Magilab to strengthen its position in the EMEA region, part of a strategy to diversify in dynamic markets. The company also said it had secured a new $225 million U.S. credit facility and received a…
MAHWAH – Majesco, a leading cloud-native software provider for the insurance industry, has agreed to acquire Vitech Systems Group, a move that consolidates two key players in the insurance and retirement benefits technology sector. The acquisition, backed by Majesco’s private equity owner Thoma Bravo and a new minority investment from Vitech’s owner, CVC Capital Partners,…
LONDON – Eros Innovation, a global media and intellectual property company, announced on Thursday it has completed approximately $150 million in capital and strategic transactions to accelerate its transformation into an AI-driven entertainment platform. The deals include a $50 million primary investment led by Plenitude Capital and advised by Greenback Capital at the Dubai…
PARIS – French water and waste group Veolia has agreed to acquire U.S. hazardous waste firm Clean Earth from Enviri Corp for $3 billion, a move that will double its U.S. footprint in the sector and create the country’s second-largest player. The deal, Veolia’s largest since its merger with Suez, marks a significant step in…
CHICAGO – GE HealthCare Technologies Inc said on Tuesday it has agreed to acquire medical imaging software provider Intelerad Medical Systems in a $2.3 billion all-cash deal, bolstering its digital offerings amid a shift toward cloud-based healthcare solutions. The acquisition, one of the largest in the medical imaging software sector, aims to combine GE HealthCare’s…