SYDNEY, AUSTRALIA: WAM Capital Limited (ASX: WAM) and Westoz Investment Company (ASX: WIC) have entered into a Scheme Implementation Agreement to merge the two entities. Under the Proposed Transaction, WAM Capital will acquire 100% of the shares in Westoz that it does not currently own through a scheme of arrangement (Scheme). Under the Scheme, Westoz…
MELBOURNE, AUSTRALIA: Apollo Tourism & Leisure (ASX:ATL) and Tourism Holdings Limited (NZX:THL) have entered into a conditional Scheme Implementation Deed for the purpose of merging the two entities. The merger is proposed to be implemented by way of an Australian Scheme of Arrangement conducted by Apollo whereby Tourism Holdings Limited (thl) acquires all outstanding shares…
LONDON, UK: S4Capital plc announced a combination between Maverick Digital and Media.Monks, which significantly expands the capabilities of its data & digital media and Technology services practices and augments its global Salesforce capabilities. Maverick Digital is a leader in digital transformation strategy, Salesforce platform implementation, integration strategy & execution and managed services. Maverick Digital was founded in 2018…
LONDON, UK: BHP Group (BHP) and Woodside Petroleum Ltd (Woodside) have today signed a binding share sale agreement (SSA) for the merger of BHP’s oil and gas portfolio with Woodside. Woodside will acquire the entire share capital of BHP Petroleum International Pty Ltd (BHP Petroleum) in exchange for new Woodside shares. The signing of the…
LONDON, UK: S4Capital plc (LON: SFOR) announced that Miyagi is merging with Media.Monks to form S4Capital’s Content practice in Italy. The merger adds to the existing Content, Data&Digital Media capabilities in Italy, Europe’s fourth largest advertising market. Miyagi was founded in 2013 by five partners Francesco Bragonzi, Francesco Menichini, Tommaso Marucchi, Felice Arborea and Giuseppe Azzone. Specialising in end-to-end digital experience…
AMSTERDAM: HEINEKEN N.V. intends to acquire control of Distell and NBL, which will be combined with HEINEKEN South Africa into a new HEINEKEN majority owned business with a total valuation of approximately €4 billion. HEINEKEN N.V. (OTCQX: HEINY) has entered into an implementation agreement with Distell Group Holdings Limited, Namibia Breweries Limited (NBL) and Ohlthaver…
Intertrust N.V. and CVC Capital Partners are contemplating a strategic combination of Intertrust and TMF Group B.V., a leading multinational professional services business.
PARIS, FRANCE: Bouygues SA and Engie have signed a purchase agreement according to which Bouygues has agreed to acquire all of the Equans group. Based on an enterprise value of €6.7 billion, and given the synergies and strong growth expected in the years ahead, the multiple of enterprise value to 2026 current operating profit is…
BASEL, SWITZERLAND: Arxada, a global specialty chemicals business, and Troy Corporation, a global leader in microbial control solutions and performance additives, have entered into an agreement to combine the two companies. This agreement represents the first strategic deal by Arxada, formerly known as Lonza Specialty Ingredients or LSI and owned by private equity funds Bain…
LONDON, UK: JPMorgan Global Growth & Income (JGGI) and The Scottish Investment Trust (SCIN) have agreed to merge their business forming a £1.2 billion entity. The Board of JPMorgan Global Growth & Income plc (JGGI) has signed Heads of Terms with the Board of The Scottish Investment Trust PLC (SCIN) in respect of a proposed combination with…
LONDON, UK: WPP Plc’s majority-owned subsidiary, Finsbury Glover Hering Corporation and Sard Verbinnen & Co have reached agreement on the terms of a merger to create the world’s leading strategic communications firm advising clients in navigating critical opportunities and challenges. The new firm will help clients achieve their missions and realise their business goals, with…
OSLO, NORWAY: Danske Bank A/S has entered into an agreement with OP Financial Group in Finland and the consortium of banks behind Vipps in Norway to merge the three mobile payment providers MobilePay, Vipps and Pivo. The banks behind Vipps will own 65% of the new parent company, Vipps AS, Danske Bank will own 25%…