LONDON, UK: CIP Merchant Capital has acquired, in aggregate, 1.8ordinary shares in Time Out Group for a total consideration of approximately £1.0 million, representing approximately 0.54 per cent of the issued share capital of Time Out. Time Out Group is the AIM quoted global media and hospitality business which seeks to enable people to explore…
All posts tagged minority stake
Saint-Gobain acquires a minority stake in Livspace
LONDON, UK: Saint-Gobain has acquired a minority stake in Livspace, a digital-first company that is rapidly growing in India and South-East Asia. Livspace is a digital-first intermediation platform offering end-to-end solutions for home interiors, from design to installation. Founded in 2015, Livspace is a market leader in India and has grown its business rapidly by…
HydrogenOne acquires minority stake in Sunfire GmbH for €24mn
LONDON, UK: HydrogenOne Capital Growth has today signed definitive agreements for its first private equity investment of €24m in Sunfire GmbH, a leading electrolyser producer, for a minority equity stake. HydrogenOne has the right to a board observer seat at Sunfire, and intends to collaborate with Sunfire on the roll-out of future hydrogen manufacturing projects.…
ITV acquires minority stake in ismybillfair.com
LONDON, UK: ITV Plc has concluded an investment in Nineteen21 Limited, which trades as ismybillfair.com. ismybillfair offers an online service that saves UK households time and money, by getting a fairer price for household bills from their current supplier, rather than having to go through the hassle of switching. The service is currently live for energy…
Qatar Holding buys stake in Airtel Africa’s mobile money business
LONDON, UK: Qatar Holding LLC, an affiliate of the Qatar Investment Authority (QIA), has agreed a minority stake in Airtel Mobile Commerce BV (AMC BV) for $200 million, which values Airtel Africa’s mobile money business at $2.65 billion. Airtel Africa has signed an agreement under which Qatar Holding LLC, an affiliate of the Qatar Investment Authority (QIA),…
Singapore private equity investor expresses interest to acquire minority stake in mm2 Asia
SINGAPORE: mm2 Asia Ltd has received a non-binding term sheet from a Singapore private equity investor expressing interest in a potential acquisition involving a minority stake in one of the mm2’s core businesses. mm2 Asia Ltd. Had made and announcement earlier in relation to the proposed renounceable underwritten rights issue by the company. The Company…