Arco Platform Limited, a leading operating system for K-12 schools, announced that its shareholders have voted in favor of the merger with Achieve Holdings, a private company that operates in the education sector. The merger will result in Arco becoming a wholly-owned subsidiary of Achieve and its common shares being delisted from the Nasdaq Global…
Nighthawk Gold Corp. and Moneta Gold Inc. have announced an at-market merger deal, in which Moneta will acquire all of Nighthawk’s shares in exchange for its own shares. The resulting entity, MergeCo, will own two large-scale gold projects in Canada: the Tower Gold Project and the Colomac Gold Project. The merger will require the approval…
LONDON, UK: Troy Income & Growth Trust plc (TIGT), an equity income investment trust, has announced that it has agreed to merge with STS Global Income & Growth Trust plc (STS), another investment trust managed by Troy Asset Management Limited (Troy). The merger, which is subject to shareholder and regulatory approvals, will be implemented through…
MERGE, a company that combines storytelling and technology to promote health, wealth and happiness, has announced the acquisition of Zee Jay Digital, a leading Adobe Workfront platform partner. The deal will enhance MERGE’s Adobe platform capabilities and enable it to manage content supply chains more effectively for its clients. Zee Jay Digital is a US-based…
SYDNEY, AUSTRALIA: Dacian Gold Limited announced the proposed merger of Dacian and GenesisMinerals Limited by way of a unanimously recommended off-market takeover bid by Genesis for allof the fully paid ordinary shares in Dacian (Dacian Shares) (Offer). Under the Offer, subject to the satisfaction or waiver of the conditions set out in Annexure A to…
LONDON, UK: Capital & Counties Properties (Capco) and Shaftesbury PLC have reached agreement on the terms of a recommended all-share merger to form the combined group to be called Shaftesbury Capital PLC on completion, a statement noted. It is intended that the merger will be implemented by way of a scheme of arrangement of Shaftesbury,…
OSLO, NORWAY: The board of directors of Otovo AS has announced a merger plan with European Distributed Energy Assets Holding AS (EDEA). On 10 November 2021 Otovo offered an all-share offer for EDEA, and after the completion of the transaction Otovo had increased its ownership from 18.63% to 88.43%. Now in order to optimise the…
LONDON, UK: IWG plc, the world’s leading supplier of flexible workspace solutions, has entered into contract to merge certain of its digital and technology assets with The Instant Group, a global business which operates as the world’s leading independent provider of flexible workspace platform and services. IWG will invest net cash of c.£270 million to…
SYDNEY, AUSTRALIA: Aspen Group and Mill Hill Capital (MHC) have proposed a merger of Marina Hindmarsh Island Fund (MHIF) and Aspen for the benefit of both groups of shareholders MHIF was established in 2017 by MHC – management of the Fund was delegated to Aspen in early 2019 when the MHC executives joined Aspen. MHIF…
SYDNEY, AUSTRALIA: Coda Minerals Limited (ASX: COD) and Torrens Mining Limited (ASX: TRN) have entered into a Bid Implementation Deed (BID), for a recommended conditional off-market takeover offer, pursuant to which Coda will offer to acquire all the issued ordinary shares of Torrens. The Board of Directors of Torrens unanimously recommend that Torrens’ shareholders accept…
LONDON, UK: Schroder British Opportunities Trust (SBO)’s private equity investments, Waterlogic Group Holdings has agreed to merge with Culligan International to create a leader in sustainable drinking water solutions and services. Culligan International is a leading global consumer water solutions and services provider whose mission is to deliver clean, safe and soft water to improve…
OSLO, NORWAY: AS Green Cube Innovation Holding and Smart Energy Sweden Group AB have merged their businesses to create Scandinavia’s leading renewable fuel company. The new company, Greenbit, will have 120 fuel stations in Norway and Sweden in addition to a significant B2B business in both countries. The new group will benefit from economies of…