Canaccord Genuity Group Inc. has signed a binding agreement to acquire Brooks Macdonald Asset Management (International) Ltd., the international division of Brooks Macdonald Group plc, in a deal that could total up to £50.85 million. The acquisition marks a significant move by Canaccord Genuity to expand its wealth management footprint in the UK and Crown […]
Serinus Energy said that it has started the drilling of the Canar-1 exploratory well in the onshore Carei Basin in Romania. The Jersey-based upstream oil and gas company drilled the Canar-1 well to a depth of 1,600m to target three prospective hydrocarbon zones. Located on the northern flank of the Carei Basin, the Canar prospect […]
Bharat Forge said that it has acquired an additional 366,451 shares of Tewa Motors (Jersey) to increase its stake in the latter to 39.71% at a price of £13.37 per share or £4.9 million in total. Previously, Bharat Forge had a stake of 34.45% in Jersey-based electric vehicle (EV) solutions provider for commercial vehicles. The […]
3i Infrastructure plc has closed its previously announced €182 million acquisition of a 60% stake in DNS:NET, a German telecommunications provider. The Jersey-based infrastructure investment company had bought the stake from capital market company Deutsche Beteiligungs AG (DBAG), DBAG ECF, and DNS:NET’s founder and CEO Alexander Lucke. The deal was signed in April 2021. Alexander […]