Economic and Market News for 24 December 2019

  • 24 Dec
    09:29
    CentralNic completes Team Internet acquisition

    Domain name and web services provider CentralNic has completed the $45m acquisition of Germany-based Team Internet AG. Under the terms of the transaction announced on 18 November, as well as...

  • 24 Dec
    08:26
    TBC Bank signs EIB loan agreement

    TBC Bank has signed a loan agreement worth 90m Georgian Lari (£24.4m) with the European Investment Bank (EIB). The funds are available to draw either in euros, US dollars or Georgian Lari, with...

  • 24 Dec
    07:57
    Resolute Mining adds to US dollar gold hedge book

    Resolute Mining has added to its US dollar gold hedge book after announcing it has forward sold an additional 30,000 ounces of gold at an average price of US$1,501 per ounce in scheduled monthly...

  • 24 Dec
    07:48
    Pendragon sells California dealership

    Pendragon has sold its Jaguar Land Rover dealership in Newport Beach, California, for £31.1m. The transaction completed on 23 December, and is in line with the company's stated strategy of...

  • 24 Dec
    07:41
    John Laing invests £28m in EFW plant

    John Laing has agreed to invest A$51.5m (£28m) in an energy-from-waste plant in Perth, Australia, taking its total investment commitment in 2019 to approximately £185m. When operational, the East...

  • 24 Dec
    07:29
    Bodycote agrees $200m Ellison deal

    Bodycote has announced a deal to acquire Ellison Surface Technologies for $200m. Bodycote said the money for the acquisition will come from its existing committed credit facilities, and the deal...

  • 24 Dec
    07:21
    TP Icap proposes Louis Capital acquisition

    TP Icap has announced the proposed acquisition of equities and fixed income brokerage Louis Capital. TP Icap will pay an initial $21m on completion of the deal, with a further $6m that will be...

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