LONDON: ReAssure Group, a leading UK closed book life insurance consolidator, has agreed to acquire the UK Heritage business of Quilter plc for a total consideration of £425 million. ReAssure is a leading closed book life insurance consolidator in the…
PARIS–(BUSINESS WIRE)–Total has signed an agreement to sell a 30% interest in Société des Transports Pétroliers par Pipelines (Trapil) to Pisto SAS for $290 million. “The sale of Total’s interest in this infrastructure reflects its active portfolio management strategy. Rather…
MOSCOW, RUSSIA: Rostelecom, the largest digital service provider in Russia, announced that its subsidiary Bashinformsvyaz (Bashtel) has signed an agreement to acquire a 100% stake in three companies to secure full control over the Alliance Telecom Group. Alliance Telecom has…
MANAMA, BAHRAIN: Ithmaar Holding has announced plans to voluntarily delist from Boursa Kuwait, while maintaining its listing on the Bahrain Bourse and Dubai Financial Market (DFM). Ithmaar is Bahrain-based holding company that is licenced and regulated as a Category-1 Investment…
LONDON: Inspired Energy, a leading energy consultant to UK and Irish corporates, has completed the acquisition of an initial 40 percent of the issued share capital of Ignite Energy. Inspired has paid net £5.0 million, calculated on a cash free…
LONDON: Trackwise Designs Plc, a leading provider of specialist products using printed circuit technology, has signed a Collaboration Agreement with GKN Aerospace, (GKN), the world’s leading multi-technology tier 1 aerospace supplier, for the industrialisation of GKN Aerospace Type 8 Ice…
LONDON: Highlands Natural Resources has entered into a two-year agreement to provide hemp-derived cannabidiol (CBD), grown under quality-controlled conditions to Cellulac plc for conversion to medical grade CBD. The agreement with Cellulac will provide for the conversion of the CBD,…
LONDON: Majestic Wine PLC has entered into an agreement to sell Majestic Wine Warehouses Limited and Les Celliers de Calais, which together comprise the Majestic Retail and Commercial businesses to CF Bacchus Holdings Limited, a vehicle controlled by funds managed…
LONDON: Ultimate Sports Group has announced the appointment of Matthew Farnum-Schneider as Chief Executive Officer (CEO) with effect from 1 August 2019. Matthew Farnum-Schneider is an experienced senior executive, having most recently been a Managing Director and Senior Adviser to…
LONDON: appScatter Group, the app management and data intelligence platform, acknowledges that Airpush, Inc. a technology company specialising in app monetisation, has announced a partnership with Andromo B.V., the mobile app building platform for Android. appScatter announced its intention to…
TOKYO: Aozora Bank Ltd., a leading Japanese commercial bank, announced its financial results for the first three months of FY 2019. In the first three months of FY2019, Aozora reported consolidated net revenue of 23.3 billion yen, business profit of …
LONDON: Georgia Capital PLC has signed a share purchase agreement to acquire an 80% equity interest in Green School LLC. The transaction values Green School at 5.8x EV/EBITDA 2020 based on initial consideration payable by Georgia Capital upon transaction completion….