With the aim of building a business in Norway to expand its overall geographic footprint, Valient Petrolium has made an offer to acquire the entire issued and to be issued share capital of Sagex for a total consideration of £7.1 million.
Round-up of today’s M&A deals
The deal was advised by RBS Hoare Govett, Oriel Securities and Arctic Securities.
Round-up of today’s M&A deals
- Golden Security Bank acquired by First General Bank
Sector: Defense
Value: £2.68 million
Advisers: no external advisors
- KPIT Cummins Infosystems buys business technology service provider SYSTIME
Sector: Technology
Value: £2.68 million
Advisers: Avendus Capital
- Wells Fargo & Co to acquire remaining equity interest in CP Equity, sole owner of Castle Pines Capital
Sector: Finance
Value: undisclosed
Advisers: Morgan Stanley
- Skyworks Solutions signs agreement to purchase Advanced Analogic Technologies Incorporated
Sector: Technology
Value: £10.36 million
Advisers: undisclosed
- Neuromarketing agency NeuroFocus acquired by Nielsen
Sector: Technology
Value: £10.36 million
Advisers: undisclosed
- Mercer Investment Consulting, subsidiary of Marsh & McLennan has confirmed deal to purchase bulk of Evaluation Associates
Sector: Consulting Services
Value: undisclosed
Advisers: undisclosed