LUXEMBOURG: Majorel Group Luxembourg has, together with its major shareholders Bertelsmann Luxembourg, Saham Customer Relationship Investment and Saham Outsourcing Luxembourg, agreed with Sitel Group S.A. and Sitel’s majority shareholder, the Mulliez family, on key terms for a potential merger of Majorel and Sitel. Sitel is a leading provider of CX products and solutions, with 165,000+…
Tag: merger
S4Capital announces merger between TheoremOne and Media.Monks
LONDON, UK: S4Capital plc (SFOR.L), the tech-led, new age/new era digital advertising and marketing services company, announced a merger between TheoremOne and Media.Monks, which significantly expands the capabilities of its Technology Services practice. The merger augments its technology services and consulting capabilities and expands its client base. TheoremOne is a leader in agile, full-stack, innovation,…
LXi REIT and Secure Income REIT agree on all share merger
LONDON, UK: The boards of LXi REIT plc has agreed to merge with Secure Income REIT plc (SIR). Under the terms of the merger, for each Secure Income REIT share, SIR shareholders will be entitled to receive 3.32 new LXi shares. The boards of LXi and SIR believe there is a strong strategic, operational and…
Aker Horizons to merge with Aker Offshore Wind and Aker Clean Hydrogen
OSLO, NORWAY: Aker Horizons ASA announced merger plans with Aker Offshore Wind AS and Aker Clean Hydrogen AS. Aker Horizons and Aker Offshore Wind (AOW) to combine in an all-stock merger that will reposition AOW as a privately held subsidiary of Aker Horizons, with the intention to combine AOW with its portfolio company Mainstream Renewable…
Zip agrees to acquire Sezzle in a A$491mn share exchanged deal
SYDNEY, AUSTRALIA: Zip Co Limited (ASX: Z1P) has entered into a definitive agreement to acquire Sezzle Inc. in an all-scrip transaction by way of a statutory merger under the laws of the State of Delaware. Subject to the satisfaction or waiver of specified closing conditions, Sezzle stockholders will be entitled to receive 0.98 Zip ordinary…
Anteris Technologies considers merger with Medicus Sciences Acquisition Corp
BRISBANE, AUSTRALIA: Anteris Technologies Ltd (ASX: AVR) is considering to merge with NASDAQ-listed special purpose acquisition company Medicus Sciences Acquisition Corp. (MSAC). MSAC currently has no commercial operations and was established as a blank cheque company for the purpose of, amongst other things, effecting a merger, share exchange or business combination with one or more…
Kalera AS to go public on NASDAQ through merger with Agrico Acquisition Corp
HOUSTON, TEXAS: Kalera AS, one of the preeminent leafy green vertical farming companies and a leader in plant science for producing high-quality produce in controlled environments, and Agrico Acquisition Corp., a special purpose acquisition company (SPAC), today jointly announced that they have entered into a definitive merger agreement. As a result, Kalera will transition from…
Polyphor closes merger with EnBiotix and is renamed Spexis
ALLSCHWIL, SWITZERLAND: Polyphor AG (SIX: POLN) and EnBiotix Inc. announced the closing of the merger of the two companies and the change of name of the combined company to Spexis AG. Pursuant to completion of the capital increase approved at the extraordinary general meeting of shareholders convened on October 28, 2021, Polyphor and EnBiotix, a…
Merger of Oil Search Limited and Santos Limited implemented
SYDNEY, AUSTRALIA: The merger of Oil Search Limited and Santos Limited effected by way of scheme of arrangement under PNG law has been implemented. Accordingly, Santos has acquired 100% of the issued capital in Oil Search Limited from shareholders. In accordance with the terms of the Scheme, eligible Oil Search shareholders have been issued the…
IHC approves Al Tamouh Investments and Al Qudra Holdings merger
ABU DHABI, UAE: International Holding Company (IHC) has formally agreed to the merger of its subsidiary Al Tamouh Investments with Al Qudra Holding, a news release said. The transaction will be completed through the transfer of shares in Al Tamouh Investments in return for unsecured mandatory convertible bonds issued by Al Qudra Holding. In parallel,…
Ericsson to acquire Vonage Holdings Corp. for $6.2 billion
HELSINKI, FINLAND: Ericsson (NASDAQ: ERIC) has entered into an agreement to acquire Vonage Holdings Corp. (NASDAQ: VG) for $21/share representing a total acquisition price of approximately $6.2 billion (Enterprise Value). The merger agreement was approved unanimously by the Board of Vonage. The transaction builds upon Ericsson’s stated intent to expand globally in wireless enterprise, offering…
Telenor and CP Group explore merger between dtac and True Corporation
OSLO, NORWAY: Telenor Group and Charoen Pokphand Group (CP Group) are in discussions to explore a potential merger between the telecom operations of Total Access Communication PCL (dtac) and True Corporation in Thailand. There are open issues outstanding and there is no certainty that the discussions will result in a final agreement, a statement says….