COPENHAGEN: Today, the Danish Financial Supervisory Authority approved the merger between Vestjysk Bank A/S and Den Jyske Sparekasse A/S. Moreover, the merger was adopted at the general meetings of both banks, and the Danish Competition and Consumer Authority has also approved the merger. Hence, all conditions of the merger are met. The merger will now…
LONDON: Vodafone Group Plc announced that the merger of Indus Towers Limited and Bharti Infratel Limited has now completed. The Combined Company is listed on the National Stock Exchange of India and the Bombay Stock Exchange and it will in due course be renamed Indus Towers Limited. Vodafone has been issued with 757.8 million shares…
OSLO, NORWAY: Aker Solutions has completed the merger with Kvaerner to become one of the world’s leading suppliers of solutions to reduce climate gas emissions from oil and gas installations, and for delivery of complete renewable energy production facilities. Over the past 50 years, Aker Solutions and Kvaerner delivered many of the major breakthroughs in…
SYDNEY: Real Energy Corporation Limited, an Australian east coast focused gas company and Strata-X Energy Limited announced that the two companies have entered into a binding Scheme Implementation Agreement to pursue a nil premium merger whereby Real Energy shareholders will receive one new Strata-X Energy share for three Real Energy shares that they own. Pure…
OSLO: Easybank ASA and BRAbank ASA adopted a joint merger plan with the intent to create a leading consumer and SME digital niche bank with a Nordic footprint. The combination is intended to create significant value and benefits for both set of shareholders, from consolidating to one cost base and from generating revenue synergies from…
AMSTERDAM: Just Eat Takeaway.com, and Grubhub Inc. have entered into a definitive agreement whereby the Company is to acquire 100% of the shares of Grubhub in an all-stock transaction to create the world’s largest online food delivery company outside of China, measured by Gross Merchandise Value (GMV) and revenues. Under the terms of the Transaction,…
LONDON: City of London Investment Group (CLIG) has entered into a merger agreement to acquire the entire issued share capital of Karpus Management Inc. (KMI), a US-based investment management business, on a debt free basis, to be satisfied through the issue of up to 24,118,400 new shares in the capital of the Company which, based…
TORTOLA: Caribbean Investment Holdings (CIHL) announced that agreement has been reached on the terms of the proposed acquisition of the entire issued share capital of Normandy Limited by the Company. The acquisition will be implemented pursuant to the terms of the merger, which is anticipated to become effective on or around 9 June 2020. Following…
LONDON: The Royal London Mutual Insurance Society Limited and Police Mutual Assurance Society Limited entered into an agreement for the business, assets and liabilities of Police Mutual to transfer into Royal London. Commenting on the merger, Royal London Chief Executive, Barry O’Dwyer, said: “Royal London and Police Mutual have complementary values and culture. Both are…
LONDON: The European Commission has cleared the combination of Vodafone Italy’s towers with INWIT’s passive network infrastructure, creating Europe’s second largest listed tower company with over 22,000 towers. Following constructive talks with the European Commission, Vodafone and TIM have offered commitments to support access to INWIT’s passive infrastructure by all market participants. Under the commitments,…
LONDON, UK: S4Capital plc, a digital advertising and marketing services company, announced that its global content practice, built around MediaMonks, has agreed to merge with the fully integrated digital agency Circus Marketing. In Latin America, the move follows last year’s merger of MightyHive, S4Capital’s programmatic practice, with Brazil-based consulting firm ProgMedia to further enhance its…
MELBOURNE: Fatfish Blockchain Limited (FFG) has received and accepted a A$12.7 million offer for the merger of its Swedish venture builder subsidiary Fatfish Global Ventures AB (FGV). The offer came from Swedish-listed Abelco Investment Group AB, a well traded venture investment firm by way of a merger proposal. Under the offer, FFG will dispose of…