Takeover

Tetra Tech to Acquire RPS Group to Expand its Global Operations

Retrieved on: 
Friday, September 23, 2022

The combined 26,000 associates of the RPS Group and Tetra Tech will establish a premier global consultancy in water, environment, sustainable infrastructure, and energy transformation.

Key Points: 
  • The combined 26,000 associates of the RPS Group and Tetra Tech will establish a premier global consultancy in water, environment, sustainable infrastructure, and energy transformation.
  • Tetra Tech is a global high-end consultancy with #1 rankings in both water and environmental management as published in Engineering News-Record.
  • The RPS Group significantly expands Tetra Techs water practice in the United Kingdom, and enhances Tetra Techs leading position in renewable energy and environmental management.
  • The RPS Group and Tetra Tech are culturally aligned and together will use a Leading with Scienceapproach to address critical issues such as climate change, resiliency, and energy transformation.

Australian Foreign Investment Review Board Approves Metals Acquisition Corp’s Acquisition of the CSA Copper Mine

Retrieved on: 
Tuesday, September 6, 2022

MACs status as a foreign investor under Australian law, together with the nature of the assets being acquired from Glencore, necessitated the acquisition of CSA being subject to regulatory review in accordance with the Australian Foreign Acquisitions and Takeovers Act 1975 (Cth).

Key Points: 
  • MACs status as a foreign investor under Australian law, together with the nature of the assets being acquired from Glencore, necessitated the acquisition of CSA being subject to regulatory review in accordance with the Australian Foreign Acquisitions and Takeovers Act 1975 (Cth).
  • We remain convinced that CSA is a strong strategic fit for MAC and that our team has the skills necessary to realize its full potential.
  • We believe CSA provides us with an ideal cornerstone asset with which to establish a high-quality, mid-tier base metals portfolio.
  • CSA is a producing, high-grade, underground copper mine located in the Tier 1 mining jurisdiction of western New South Wales, Australia.

NortonLifeLock and Avast Merger Provisionally Approved

Retrieved on: 
Thursday, August 4, 2022

TEMPE, Ariz., Aug. 4, 2022 /PRNewswire/ -- NortonLifeLock Inc. (NASDAQ: NLOK), a global leader in consumer Cyber Safety, received provisional approval from the U.K. Competition and Markets Authority ("CMA") for its acquisition of Avast plc. NortonLifeLock also released its results for the fiscal year 2023 first quarter, which ended July 1, 2022.

Key Points: 
  • "We are excited to start the process of bringing our two companies together now that the CMA has approved our merger with Avast," said Vincent Pilette, CEO of NortonLifeLock.
  • "Now with the Avast acquisition provisionally approved, we look forward to bringing our operational discipline to the integration planning and quickly setting the foundation of the company for growth."
  • On August 10, 2021, the boards of NortonLifeLock Inc. ("NortonLifeLock") and Avast plc ("Avast") announced that they had reached agreement on the terms of a recommended merger of Avast with NortonLifeLock, in the form of a recommended offer by Nitro Bidco Limited, a wholly-owned subsidiary of NortonLifeLock, for the entire issued and to be issued share capital of Avast (the "Merger").
  • For the purposes of Rule 28 of the UK Takeover Code, the NortonLifeLock Profit Forecast contained in this press release is the responsibility of NortonLifeLock and the NortonLifeLock Directors.

Rights and Issues Investment Trust PLC: Share Buyback Programme Extension

Retrieved on: 
Monday, August 1, 2022

Rights and Issues Investment Trust PLC: Share Buyback Programme Extension

Key Points: 
  • Rights and Issues Investment Trust PLC: Share Buyback Programme Extension
    Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • Rights and Issues Investment Trust plc (the Company) announces that, following the appointment of finnCap Limited (finnCap) as the Companys broker, the share repurchase programme announced on 9 August 2021 has been extended for a further 12 months to 31 July 2023. finnCap has been authorised to repurchase ordinary shares of 25p each (Shares) on its behalf and within certain pre-set parameters between 1 August 2022 and 31 July 2023 (the Buy-Back Period).
  • Accordingly, the Company is not prohibited from granting this authority to finnCap under the Corporate Broking Agreement.
  • The Company shall not (i) exercise any influence over how, when or whether finnCap effects share repurchases or (ii) change the number of Shares, price or timing of the purchases.

Start of Negotiations of a Domination Agreement or a Domination and Profit and Loss Transfer Agreement between Acorn HoldCo, Inc. and ADVA Optical Networking SE

Retrieved on: 
Thursday, July 7, 2022

Acorn HoldCo, Inc. ("Acorn HoldCo") and ADVA Optical Networking SE ("ADVA") agreed to enter into negotiations regarding the conclusion of a domination agreement or a domination and profit and loss transfer agreement within the meaning of Sec.

Key Points: 
  • Acorn HoldCo, Inc. ("Acorn HoldCo") and ADVA Optical Networking SE ("ADVA") agreed to enter into negotiations regarding the conclusion of a domination agreement or a domination and profit and loss transfer agreement within the meaning of Sec.
  • Acorn HoldCo has secured 65.43% of all ADVA Shares via the Takeover Offer.
  • This announcement is neither an offer to purchase nor a solicitation of an offer to sell shares in ADVA.
  • Shareholders of ADVA are strongly advised to thoroughly read the offer document and all other relevant documents regarding the Offer.

DGAP-News: CPI PROPERTY GROUP: Abolishment of voting cap in S IMMO AG's ('S IMMO') articles approved – CPI PROPERTY GROUP ('CPIPG') will file mandatory public takeover offer

Retrieved on: 
Monday, June 27, 2022

Moreover, it is neither an offer to purchase nor a solicitation to sell securities of S IMMO AG (S IMMO).

Key Points: 
  • Moreover, it is neither an offer to purchase nor a solicitation to sell securities of S IMMO AG (S IMMO).
  • CPI PROPERTY GROUP as bidder reserves the right to deviate from the terms presented herein in the final terms and provisions of the takeover offer.
  • Investors and holders of shares in S IMMO are strongly recommended to review the offer document and all other documents related to the takeover offer, as they will contain important information.
  • With regard to the takeover offer, CPI PROPERTY GROUP and the persons acting in concert with CPI PROPERTY GROUP within the meaning of Section 1 no.

Scheme Effective and Completion of the Acquisition

Retrieved on: 
Monday, June 20, 2022

The Acquisition will be made solely through the Scheme Document (or, if the Acquisition is implemented by way of a Takeover Offer, the offer document), which will contain the full terms and conditions of the Acquisition, including details of how to vote in respect of the Acquisition.

Key Points: 
  • The Acquisition will be made solely through the Scheme Document (or, if the Acquisition is implemented by way of a Takeover Offer, the offer document), which will contain the full terms and conditions of the Acquisition, including details of how to vote in respect of the Acquisition.
  • Any acceptance or other response to the Acquisition should be made only on the basis of the information in the Scheme Document (or, if the Acquisition is implemented by way of a Takeover Offer, the offer document).
  • Further details in relation to Overseas Shareholders will be contained in the Scheme Document.
  • Doing so may render invalid any related purported vote in respect of the Acquisition.

Delisting and Cancellation to Trading of Hibernia REIT Shares

Retrieved on: 
Monday, June 20, 2022

The listing of Hibernia REIT Shares on the Official List of the FCA and trading in Hibernia REIT Shares on the Main Market of the London Stock Exchange and on Euronext Dublin has been cancelled with effect from 8.00 a.m. (Dublin time) today, 20 June 2022.

Key Points: 
  • The listing of Hibernia REIT Shares on the Official List of the FCA and trading in Hibernia REIT Shares on the Main Market of the London Stock Exchange and on Euronext Dublin has been cancelled with effect from 8.00 a.m. (Dublin time) today, 20 June 2022.
  • Except as otherwise defined herein, capitalised terms used but not defined in this announcement have the same meanings as given to them in the scheme document published by Hibernia REIT on 27 April 2022.
  • The Hibernia REIT Directors accept responsibility for the information contained in this announcement relating to Hibernia REIT, the Hibernia REIT Group and the Hibernia REIT Directors and members of their immediate families, related trusts and persons connected with them.
  • Any failure to comply with the applicable restrictions may constitute a violation of the securities laws of any such jurisdiction.

SANCTION OF THE SCHEME BY THE HIGH COURT

Retrieved on: 
Wednesday, June 15, 2022

The Reduction of Capital shall become effective upon registration of the Court Order and minute of reduction by the Registrar of Companies.

Key Points: 
  • The Reduction of Capital shall become effective upon registration of the Court Order and minute of reduction by the Registrar of Companies.
  • Except as otherwise defined herein, capitalised terms used but not defined in this announcement have the same meanings as given to them in the scheme document published by Hibernia REIT on 27 April 2022.
  • Any failure to comply with the applicable restrictions may constitute a violation of the securities laws of any such jurisdiction.
  • Further details in relation to Overseas Shareholders will be contained in the Scheme Document.

LISTING APPLICATION

Retrieved on: 
Friday, June 10, 2022

Under the provisions of Rule 8.3 of the Takeover Rules, if any person is, or becomes, interested (directly or indirectly) in, 1 per cent.

Key Points: 
  • Under the provisions of Rule 8.3 of the Takeover Rules, if any person is, or becomes, interested (directly or indirectly) in, 1 per cent.
  • Terms in quotation marks are defined in the Takeover Rules, which can also be found on the Irish Takeover Panels website.
  • Any failure to comply with the applicable restrictions may constitute a violation of the securities laws of any such jurisdiction.
  • Doing so may render invalid any related purported vote in respect of the Acquisition.