Cenomi Retail, a leading retail partner in Saudi Arabia, has entered into a variation agreement to sell the franchise rights of five prominent brands to Abdullah Al-Othaim Fashion Company. This agreement, an extension of the Share Purchase Agreement dated December…
LONDON: TRIG, a London-listed investment company advised by InfraRed Capital Partners as Investment Manager and Renewable Energy Systems (RES) as Operations Manager, has sold two UK onshore wind farms. TRIG announced the sale of its 100% equity interests in Forss…
SYDNEY, AUSTRALIA: EML Payments Limited (ASX: EML) has announced the divestiture of Sentenial Limited, including its Nuapay services, to GoCardless Ltd. The transaction, valued at €32.75 million (approximately A$54.1 million), marks a pivotal step in EML’s ongoing strategic review aimed…
LONDON, UK: Essentra plc announced the disposal of ESNT Packaging & Securing Solutions Limited and Essentra Packaging US Inc and their respective subsidiary companies to Mayr-Melnhof Group (MM) for a cash consideration of £312 million, a statement noted. Mayr-Melnhof Group…
ANTWERP, BELGIUM: Euronav NV has sold its two eldest Suezmax vessels: the Cap Pierre (2004 – 159,048 dwt) and the Cap Leon (2003 – 159,048 dwt). The combined capital gain realized on these sales amounts to USD 12.4 million. Both…
LONDON, UK: LondonMetric Property Plc has sold four assets, in separate transactions, for £34.2 million (LondonMetric share: £25.2 million), reflecting a blended NIY of 4.1%. The combined sale price is 35% above LondonMetric’s 30 September 2021 book value, representing 125bps…
LONDON, UK: Eco (Atlantic) Oil & Gas Ltd. (AIM: ECO) announced the successful sale of the Kozani project in Greece by Solear Ltd. for €1.8m ($2 million) to Nepcoe Capital Partners Ltd, in partnership with PowerChina New Energy Power Co….
LONDON, UK: Capita plc has agreed to sell Trustmarque to One Equity Partners for £111m on a cash free, debt free basis. Taking into account cash-like and debt-like items, Capita expects to receive net proceeds of c.£115m at completion. An…
LONDON, UK: Ascential plc (LON: ASCL.L) has sold MediaLink, a brand within its Marketing business unit, to United Talent Agency (UTA), a leading global talent, entertainment and sports company, for $125 million in cash. Ascential plc is the specialist information,…
LONDON, UK: discoverIE Group announced the sale of Acal BFi, the Group’s electronic component distribution business for £50 million, a bourse filing said on Tuesday. The company has agreed to sell Acal BFi to H2 Equity Partners, for a total…
LONDON, UK: LondonMetric Property has sold a grocery asset in Liverpool for £10.2 million, reflecting a NIY of 4.65%, a news release said. The 29,000 sq ft asset was acquired in 2014 for £8.1 million and is let to M&S…
LONDON, UK: Young & Co.’s Brewery has agreed to sell 56 of the 63 pubs in the Ram Pub Company to Punch Pubs & Co. for a total consideration of £53 million in cash, having generated EBITDA of £4.7 million…