LONDON: The Board of Tufton Oceanic Assets Limited (LON: SHIP) has agreed to divest two Handysize Bulk Carriers for $20.5 million, a news release said. The realised IRR materially exceeds the targets expressed in the Company’s prospectus dated 25 September…
SYDNEY: White Energy Company Limited has sold their 51% equity in Mountainside Coal Company, based in Kentucky, USA. The sale to Kentucky based miner, Clay Laurel Mining Inc. is for a total consideration of US$4.053 million which equates to approximately…
LONDON: STM Group, the multi-jurisdictional financial services group, announced the unconditional sale of its Gibraltar based trust and company services business and its tax compliance business for consideration of £2.45 million plus net assets upon completion of approximately £0.57 million….
LONDON: Avingtrans plc has completed the sale of Peter Brotherhood Limited to Howden, a leading global provider of mission critical air and gas handling products, for a total consideration of £35.0 million. Peter Brotherhood, based in Peterborough, UK, which sat…
OSLO: Domino’s Pizza Group plc (DPG) has reached agreement to sell its entire shareholding in PPS Foods AB (Domino’s Sweden) to Eyja fjárfestingafélag III EHF Eyja fjárfestingafélag III EHF is a wholly owned subsidiary of Eyja fjárfestingafélag EHF, a company…
LONDON: Aviva Plc has sold its remaining Italian Life and General Insurance businesses (Aviva Italy) for €873 million in cash. This values the businesses at €1.2 billion including Unicredit Group’s 49% shareholding in Aviva S.p.A. Key highlights: · Sale of…
OSLO: Keliber Oy and leading international mining company Sibanye-Stillwater Limited have entered into an investment agreement for an initial phased equity investment of EUR 30 million for approximately 30% shareholding in Keliber, a news release said. In addition, existing shareholders…
LONDON: Aviva Plc has sold Aviva France to Aéma Groupe for €3.2 billion in cash, a news release said. Key highlights: · Significantly strengthens Aviva’s capital and liquidity with an increase in excess capital3 of c. £2.1bn and centre cash3…
LONDON: Mycelx Technologies Corporation announced the sale of its building in Duluth, Georgia, USA. This sale will enable the Company to right-size its office space needs across its three operating locations. The Company will receive a cash consideration of $5.4…
OSLO: Equinor ASA has agreed to divest its interests in the Bakken field in the US states of North Dakota and Montana to Grayson Mill Energy, backed by EnCap Investments, for a total consideration of around USD 900 million. The…
LONDON, UK: RDI REIT, the income focused UK Real Estate Investment Trust (UK-REIT), has exchanged contracts for the sale of West Orchards, Coventry for £4.85 million, a news release said. The sale is expected to have a nominal impact on…
LONDON: Mail.ru Group Limited, one of the largest Internet companies in the Russian-speaking Internet market, announced the completion of the sale of 100% of MAPS.ME, a mobile maps and navigation service based on OpenStreetMap data, to Daegu Limited (member of…