SINGAPORE: Infrastructure services company, Ventia has signed an agreement with Ferrovial S.A. to purchase Broadspectrum, subject to standard conditions and regulatory approvals. The acquisition is for an equity value of A$485 million. Ventia has fully committed financing for the transaction…
OSLO, NORWAY: TargetEveryone’s associated company in Norway, Cloud Explorers, signs a new contract with PostNord as a customer. PostNord offers communications and logistics solutions to, from and within the Nordic region. In 2018, PostNord delivered 3.3 billion letters and shipments,…
CAIRO, EGYPT: EFG Hermes announced entry into a definitive sale and purchase agreement (SPA) to acquire a 75% stake in life insurance player Tokio Marine Egypt Family Takaful in a deal worth EGP 84.75 million. Under the agreement, which is…
LONDON, UK: Fulcrum Utility Services Limited has entered into a conditional sale and purchase agreement to sell its domestic customer gas connection assets, including the order book and associated meters, to E.S. Pipelines Limited for £33 million in cash. The…
LONDON, UK: Regency Mines Plc has signed a memorandum of understanding (MOU) with ion Ventures Ltd (IV), an investor in and developer of energy storage and flexibility assets. Regency, the battery metals and energy storage company, is strategically focused around…
SYDNEY: Lendlease Corporation has entered into an agreement with Acciona Infrastructure Asia Pacific to sell its Engineering business for a purchase price of $180 million. The transaction, which is expected to complete in the first half of calendar year 2020,…
LONDON, UK: Venture Life Group has acquired PharmaSource BV, a Netherlands based development and distribution business, for an initial consideration of €5.23 million and deferred contingent consideration of up to €1.27 million. Venture Life agreed to acquire the entire issued…
LONDON: Focusrite plc has announced the acquisition of Martin Audio and associated companies, the designer and manufacturer of high-performance loudspeaker systems for the touring and installation markets. The total consideration to be paid is £39.2 million for the business, which…
LONDON: Vodafone Group has agreed to sell 100% of Vodafone Malta (VFML) to Monaco Telecom SAM for an enterprise value of €250 million, a news release said on Thursday. Monaco Telecom has agreed to acquire VFML for a cash consideration…
KARACHI: Vietnamese government is keen to improve trade and investment cooperation with Pakistan, Deputy Director General of Vietnam’s Ministry of Industry & Trade Do Quoc Hung said at a business-to-business meeting at Karachi Chamber of Commerce and Industry (KCCI). He…
LONDON, UK: Phoenix Spree Deutschland Limited has acquired an apartment complex in Brandenburg for €24.2 million. The acquisition will initially be financed by existing cash resources and assumes outstanding bank debt of €16.4 million. It is intended that this will…
LONDON, UK: Safestay Plc, the owner and operator of an international brand of contemporary hostels, has acquired acquisition of three hostels in Warsaw, Prague and Bratislava from Dreamgroup Management E.C.P. Ltd for a total consideration of €3.7 million. It has…