SYDNEY: Leading secondary producer of nutraceutical, seafood products and premium marine ingredients, New Zealand Coastal Seafoods Limited (ASX:NZS) has entered into a binding share purchase agreement with PXYY Pty Ltd and Nine Ocean Fishery Pty Ltd and Investment Advisers Alliance Pty Limited to acquire 100% Nine Ocean Group. It is a condition precedent of the…
Tag: acquire
Live Verdure Ltd will acquire Edible Beauty
SYDNEY: Live Verdure Ltd (LV1) will acquire Edible Beauty for a consideration of $1m (consisting of 75% in cash and 25% in shares), with deferred payments based on future revenue. Live Verdure Ltd is an Australian Direct to Consumer (DtoC) plant-based food, nutraceutical and skincare company comprising a portfolio of brands with a range of…
Literacy Capital acquires Ashleigh & Burwood
LONDON, UK: Literacy Capital has completed its acquisition of Ashleigh & Burwood, a leading independent UK-based fragrance products manufacturer. Founded in 1993 by father and son, John and Andrew Nettleton, Ashleigh & Burwood is named after two nearby aristocratic estates, Ashley Park and Burwood Park. From its base in West Molesey, Surrey, the business designs…
Cochlear agrees to acquire Oticon Medical, Demant’s hearing implants business
SYDNEY: Cochlear Limited, a global leader in implantable hearing solutions, agrees to acquire Oticon Medical for DKK850 million (approx. AUD170 million) following Demant’s decision to exit its hearing implants business activities. As part of the transaction, Cochlear has committed to providing ongoing support for Oticon Medical’s base of more than 75,000 hearing implant recipients, which…
GlaxoSmithKline to acquire California based Sierra Oncology
LONDON, UK: GlaxoSmithKline plc (LSE: GSK) and Sierra Oncology Inc (Nasdaq: SRRA) have entered into an agreement under which GSK will acquire Sierra Oncology, a California-based, late-stage biopharmaceutical company focused on targeted therapies for the treatment of rare forms of cancer, for $55 per share of common stock in cash representing an approximate total equity…
Pfizer Australia to acquire ResApp Health Limited
BRISBANE: ResApp Health Limited has entered into a binding scheme implementation deed with Pfizer Australia, under which it is proposed that Pfizer will acquire 100% of the shares in ResApp Health for A$0.115 per share in cash representing a total equity value of approximately A$100 million. Tony Keating, CEO and Managing Director of ResApp said…
Zelira Therapeutics to acquire Health House International
SYDNEY: Health House International (ASX: HHI) has entered into a binding term sheet, under which Zelira Therapeutics Limited will acquire 100% of the shares in Health House by way of a Scheme of Arrangement. Under the Scheme, Zelira will issue shares to Health House shareholders giving Health House parties a 19.45% interest in the expanded…
Mad Paws to acquire Pet Chemist Online for $25mn
SYDNEY: Mad Paws Holdings Limited (ASX:MPA) has signed a binding conditional agreement to purchase 100% of Pet Chemist Online, a leading Australian online supplier of pet medication and premium pet healthcare products. Mad Paws has signed a binding agreement to purchase 100% of the shares in Animal Magnetism Pty Ltd and its subsidiaries, which owns…
CooperCompanies to acquire Cook Medical’s reproductive health business
BLOOMINGTON: Cook Medical signed a letter of intent with CooperCompanies to sell the entirety of Cook’s Reproductive Health business within the MedSurg division. Under the proposed transaction, CooperCompanies will pay $875 million comprised of $675 million at closing and $200 million paid in four $50 million annual installments. The proposed transaction is subject to compliance…
Monster Beverage Corp to acquire CANarchy Craft Brewery
SAN FRANCISCO: Monster Beverage Corp has signed a deal to acquire craft beer and hard seltzer producer CANarchy Craft Brewery Collective LLC for $330 million. This transaction extends the trend of soft-drink companies branching out to the alcohol space as traditional boundaries between the categories rapidly blur. Monster said the deal would add craft beer…