OSLO, NORWAY: Odfjell SE, one of the leading players in the global market for seaborne transportation and storage of chemicals and other specialty bulk liquids, has reached an agreement with Navig8 Chemical Tankers Inc, where the latter will add 4…
LONDON: Danakali Limited has entered into a subscription agreement with Africa Finance Corporation (AFC) for a placement of fully paid ordinary shares to raise US$50 million. The Placement will be part of the overall funding package used for the development…
LONDON, UK: NewRiver REIT announced the acquisition of community pub company Bravo Inns Limited for £17.9 million, representing an EBITDA multiple of 6.8x. The transaction is expected to generate annualised outlet EBITDA of £2.6 million, equating to a yield on…
LONDON, UK: AstraZeneca has agreed to sell the commercial rights to Seroquel and Seroquel XR in the US and Canada to Cheplapharm Arzneimittel GmbH. Cheplapharm will make an upfront payment of $35 million to AstraZeneca and may also make future…
LONDON, UK: Marlowe plc, the specialist services group focused on developing companies which assure regulatory compliance and safety, has acquired Law At Work (Holdings) Limited for an initial consideration of £6.3 million. Established in 2001 and headquartered in Glasgow, Law…
LONDON: Mercia Asset Management has entered into a conditional agreement to acquire the venture capital trust (VCT) fund management business of NVM Private Equity LLP for a total maximum consideration of up to £25.0million, comprising a combination of cash and…
SINGAPORE: Olam Orchards Australia has announced sale of permanent water rights in Australia to PSP Investments, one of Canada’s largest pension investment managers, for A$490 million. Olam Orchards is a subsidiary of global food and agri-business, Olam International Limited. Olam…
OSLO: The Nordic Investment Bank (NIB) and Norway’s Helgeland Sparebank have agreed a new 5-year loan programme of NOK 300 million (EUR 29.5 million) for onlending to small and medium-sized companies (SMEs) and environmental projects in northern Norway. Environmental projects…
LONDON: PPHE Hotel Group has acquired the freehold interest in a site located in London SE1 with a view to developing the site into a hotel, subject to planning permission being obtained. The site was acquired from a third party…
LONDON, UK: St. Modwen has completed the sale of its interests in a purpose-built student accommodation building at Swansea University Bay Campus for a total consideration of £38 million. The 411-bedroom accommodation was sold to University Partnerships Programme (UPP Group…
LONDON: SDI Group plc, the group focused on the design and manufacture of scientific and technology products for use in digital imaging and sensing and control applications, has acquired Chell Instruments Limited for a consideration of £4.3 million plus an…
LONDON, UK: Premier Oil Plc has achieved first gas from its operated Bison, Iguana and Gajah Puteri (BIG-P) project in the Natuna Sea Block A offshore Indonesia. Premier expects BIG-P’s recoverable reserves to be in excess of the 93 BCF…