LONDON, UK: Anglo American plc announced the completion of the demerger of its thermal coal operations in South Africa. Thungela Resources Limited will start trading today through a primary listing on the Johannesburg Stock Exchange under the abbreviated name “Thungela”…
OSLO, NORWAY: Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) has today acquired 13.975 million shares in JM AB at a price of SEK 326.30 per share from OBOS, corresponding to SEK 4.56bn. The transaction corresponds to 20.08 percent of the shares…
DUBAI, UAE: SHUAA Capital has sold its 3.8% stake in Khaleeji Commercial Bank (KHCB) to GFH Financial Group. The sale is expected to contribute positively to SHUAA’s Q2 financials. The sale of Khaleeji Commercial Bank (KHCB) shares represents continued progress…
LONDON, UK: Tesco and Carrefour have today confirmed that they have decided not to extend their Purchasing Alliance beyond the three-year operational framework agreed in 2018, and the Alliance will formally end on 31 December 2021. Over the last three…
ANTWERP, BELGIUM: Euronav NV has sold the Suezmax Filikon (2002 – 149,989 dwt) for USD 16.3 million, a news release said. A capital gain on the sale of approximately USD 9.3 million will be recorded in the current quarter. The…
VANCOUVER, BC: Mkango Resources Ltd. announced that Mkango and Grupa Azoty Zakłady Azotowe “Pulawy” S.A. have agreed to work together towards development of a rare earth separation plant in Poland. A new Polish wholly owned subsidiary of Mkango, Mkango Polska,…
LONDON, UK: Windar Photonics plc has entered into a new four year development project focused on developing a drone based emission detection system. The project, which brings together five private companies and the Technical University of Denmark (DTU), has a…
LONDON, UK: Schroder European Real Estate Investment Trust has exchanged contracts to purchase a freehold logistics property in Nantes, western France, for €6.15 million, reflecting a net initial yield of 5.5%. The 8,663 sqm warehouse is fully let to Hachette…
LONDON, UK: Venture Life Group has acquired BBI Healthcare Limited, a global market leading Women’s Health and Energy Management/Diabetes company, for a total consideration of up to £36.0 million, a news release said. The acquisition of BBIH, which is expected…
LONDON, UK: ldox plc has acquired Aligned Assets Holdco Limited, a UK based public sector software business, a news release said. Initial cash consideration is £7.5m, increasing to a total maximum of £10.5m, comprising earn-out amounts of up to £1.5m…
OSLO, NORWAY: PGS seismic vessel Ramform Titan has begun acquisition of the Cape Anguille program, in partnership with TGS. This program expands the PGS-TGS joint venture with another 10,000 square kilometers of GeoStreamer 3D coverage in Newfoundland’s prospective Orphan Basin….
SYDNEY, AUSTRALIA: CI Resources Limited (CIRL) subsidiary PRL Global has entered into a Share Purchase Agreement (SPA) with Singapore-based Mekatrade Asia to acquire a 50% stake in Swiss-based Kemoil SA for a commitment totalling approximately AU$7.9 million. Based in Geneva,…