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Tunisia: Zenith Energy completes acquisition of Candax Energy s Tunisian assets
12 May 2021
Zenith Energy, the listed international oil & gas production company focused on pursuing African development opportunities, has announced that, following its market announcement dated April 30, 2021,
Compagnie Du Desert ( CDD ), its fully owned subsidiary, has now completed the acquisition of a 100 percent interest in the fully owned subsidiary of Candax Energy in Barbados,
El Bibane and Robbana concessions in Tunisia.
Terms
Pursuant to the terms of the SPA, CDD acquired 100% of the issued share capital of EPT for a nominal consideration of US$100 payable at completion, as well as an additional consideration of approx. USD$200,000 in the form of assumption of debt payable by the end of May 2021.
TRADING UPDATES: Henry Boot gets planning boost; Beximco sales jump
Fri, 30th Apr 2021 14:15
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
Henry Boot PLC - Sheffield, England-based construction and property development - Says Phoenix 10 development in West Midlands given approval by planning committee. Given its industrial past, the Walsall scheme requires extensive remediation works ahead of construction commencing, with the works planned to begin in Q3 2021, Henry Boot adds. Project will add 1,000 jobs to area.
Beximco Pharmaceuticals Ltd - Bangladesh-based generic pharmaceutical products and active pharmaceutical ingredients maker - Net sales in third quarter ended March 31 rise 11% to BDT7.36 billion, about GBP63.2 million, from BDT6.61 billion. Post-tax profit up 62% to BDT1.47 billion from BDT648.6 million. We are delighted to announce such strong financial results for