LONDON, UK: SEGRO plc has agreed the sale of a portfolio of six Italian urban warehouses for €127.5 million to AXA IM Alts, on behalf of clients. The warehouses were developed by SEGRO-Vailog for a global online retail company to support the growth of its distribution network in Italy. The portfolio has a total floor…
SYDNEY, AUSTRALIA: Toys“R”Us ANZ Limited (ASX: TOY) announced the sale of its Chill Factor business to Character Promotions Limited, a UK based toy manufacturer and distributor. The sale continues the strategic intent and transformation of the Company through an ongoing overhaul of product portfolios, including an increased focus on its e-commerce businesses Toys“R”Us, Babies“R”Us and…
ZURICH: UBS Group and UBS AG today announced that UBS has agreed to sell its remaining minority stake (48.8%) in Clearstream Fund Centre (CFC) to Deutsche Börse AG for approximately CHF 390 million. Long-term commercial cooperation arrangements remain in place for the provision of services by Clearstream to UBS, including the collaboration in jointly servicing…
LONDON: FirstGroup plc has entered into an agreement for the sale of First Student and First Transit to EQT Infrastructure, a news release said. David Martin, FirstGroup Chairman said: “We are delighted to announce the sale of our North American contract divisions First Student and First Transit to EQT Infrastructure for $4.6bn. This transaction, which…
PARIS: Societe Generale’s Board of Directors approved, during a meeting on 6 April 2021, the entry into exclusive negotiation with Amundi with a view to disposing of the asset management activities operated by Lyxor, a news release said. Lyxor is an entity which includes the Group’s asset management activities and operates in particular through Lyxor…
LONDON: Quilter Plc has entered into an agreement with Utmost Holdings Isle of Man Limited, a subsidiary of Utmost Group Limited with respect to the sale of Quilter International, which is comprised of Quilter’s entire shareholding in Quilter International Holdings Limited and Quilter International Ireland dac. TRANSACTION HIGHLIGHTS: · Proposed sale of Quilter International to…
AMSTERDAM: Euronext has completed the sale of Centevo to Profile Software, an international financial solutions provider. Centevo had been acquired in 2019 as part of the acquisition of Oslo Børs VPS. Centevo generated c.€5.5m of revenues in 2020. The sale of this asset was implemented as part of a strategic review initiated following the integration…
PARIS: Rallye has entered into exclusive negotiations with Financière Immobilière Bordelaise for the sale of the entire share capital of Groupe Go Sport for a price of EUR 1 without any representation and warranties given by Rallye. Completion of the sale is notably subject to the consultation of Go Sport Group employee representative bodies (instances…
ROTTERDAM: IMCD N.V. has reached an agreement to sell its Nutri Granulations manufacturing asset and associated business to Huber Engineered Materials (HEM), a division of J.M. Huber Corporation. “Huber is an important supplier partner for IMCD and we are delighted to reach an agreement on the sale of Nutri Granulations,” says Marcus Jordan, Americas President,…
LONDON: Signature Aviation plc has reached agreement with StandardAero on the terms of the sale of the Engine Repair and Overhaul (ERO) business for $230 million subject to customary adjustments for net debt, net working capital and transaction expenses, a news release said. ERO is a leading engine service provider to global business and general…
OSLO, NORWAY: TietoEVRY has reached an agreement with Aucerna to sell its Oil & Gas software business, a news release said. This divestment is part of the company’s strategy to seek focus and scale. Through this transaction, the Oil & Gas software business will have greater global market reach and growth opportunities. The agreement was…
DUBAI, UAE: Aramex PJSC has reached a definitive and binding agreement for a subsidiary of Iron Mountain Incorporated, the US based global leader of information management services, to acquire Information Fort (LLC), a leading records and information management provider in the Middle East, North Africa and Turkey regions. Upon completion of the transaction, Aramex will…