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Challenger Acquisitions

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Media Coverage

Challenger Acquisitions ventures into world of action hero conventions

Proactive Investors - Mon, 11/06/2017 - 23:37
The first convention will take place in London next year and fans will get the chance to meet the actors and actresses of the latest action hero blockbusters
Categories: Media Coverage

Challenger Acquisitions confident work on New York Wheel will recommence "in the near-term"

Proactive Investors - Wed, 10/25/2017 - 23:15
The board is currently evaluating strategic growth opportunities for the company.
Categories: Media Coverage

Challenger Acquisitions expects to see progress with New York Wheel

Proactive Investors - Wed, 09/27/2017 - 06:27
“We are continuing to seek out, evaluate and review a number of potential projects and developments."
Categories: Media Coverage

Challenger Acquisitions notes US reports over new NY Wheel contractor but provides no confirmation an appointment is imminent

Proactive Investors - Mon, 08/14/2017 - 23:15
In a statement, the AIM-listed firm simply said: “Challenger looks forward to updating the market when a new contractor is formally appointed and a new date is set for the completion of the New York Wheel”
Categories: Media Coverage

Challenger Acquisitions confident New York Wheel will be finished despite dispute

Proactive Investors - Mon, 07/24/2017 - 22:41
Reports from New York said the project is set for major delays after Mammoet-Starneth, the design/build contractor, downed tools in May
Categories: Media Coverage

Challenger Acquisitions given some slack by convertible holders

Proactive Investors - Mon, 05/08/2017 - 00:19
"These amendments will allow us the flexibility and time to pursue additional projects over the course of 2017."
Categories: Media Coverage

Flagship NewYork wheel key for Challenger Acquisitions after Starneth realignment

Proactive Investors - Tue, 01/31/2017 - 08:00
The group sees other acquisition opportunities in the attractions sector this year after realigning its relationship with engineering group Starneth.
Categories: Media Coverage

Challenger Acquisitions inks 'significant' $6mln deal to sell stake in wheel engineer

Proactive Investors - Mon, 01/30/2017 - 07:19

Challenger Acquisitions Limited (LON:CHAL) is selling its interest in the engineering group Starneth in a deal worth up to US$6mln.

Separately, Challenger has brokered a five-year cooperation agreement under which Starneth can provide the design, engineering and project management for observation wheel projects and Challenger can provide potential funding options for the developers of select projects.

Challenger CEO Mark Gustafesen tells Proactive: ''[The deal] was a very good way of addressing the long term timelines to get these projects moving forward''.

Categories: Media Coverage

Challenger Acquisitions selling its stake in wheel engineer Starneth

Proactive Investors - Mon, 01/30/2017 - 00:08
The buyer is a company controlled by Chiel Smits, Starneth’s chief executive.
Categories: Media Coverage

New York observation wheel 'coming along greatly' says Challenger Acquisitions Limited CEO

Proactive Investors - Fri, 10/21/2016 - 06:53

Giant observation wheel investor Challenger Acquisitions Limited (LON:CHAL) has said its New York wheel project is making “fantastic” progress and is on schedule to open in April 2018.

Chief executive Mark Gustafson tells Proactive: ''I was just there on a tour the other week. It's really fascinating to see  the developments.''

''Basically, the entire ground work is complete. What we're going to see over the next 18 months is everything being constructed from the ground up and that will include the terminal building and all the major components for the giant observation wheel starting with these four massive legs'', Gustafson added.

Once finished, the New York wheel will be around 50% bigger than the London Eye and it is hoped it will be able to carry around 3.5 mln passengers each year.

Categories: Media Coverage

Challenger’s New York observation wheel making “fantastic” progress

Proactive Investors - Wed, 10/19/2016 - 23:54
The wheel’s foundations have now been completed, while the legs which the wheel will sit on have been delivered to the site in Brooklyn
Categories: Media Coverage

Challenger Acquisitions settles convertible loan note

Proactive Investors - Sun, 09/11/2016 - 23:06
The giant observation wheel investor has issued just over 4mln shares to pay off the £750,000 loan
Categories: Media Coverage

Challenger Acquisitions eyes Asia for next big wheel project

Proactive Investors - Tue, 08/30/2016 - 01:50
A closer examination of the big wheel builder Challenger Acquisitions. We look at what it does, how much it's worth and where it has set its sights.
Categories: Media Coverage

Challenger Acquisitions upbeat over 'Eye' programme

Proactive Investors - Mon, 08/29/2016 - 23:13
The company has a 2% stake in the New York wheel, expected to open early in 2018
Categories: Media Coverage

Challenger Acquisitions wins Madison Capital court case

Proactive Investors - Wed, 08/24/2016 - 23:38
Challenger Acquisitions 1 Madison Capital Markets 0
Categories: Media Coverage

Challenger Acquisitions given more time to pay by Starneth sellers

Proactive Investors - Tue, 08/23/2016 - 00:10
The payment had been due last month but has been deferred, although Challenger will pay 5% interest on the owed amount
Categories: Media Coverage

Challenger’s New York wheel now fully funded

Proactive Investors - Wed, 07/20/2016 - 00:38
The company says the US$590mln New York wheel project – in which it has a 2% interest – is now fully funded through to completion
Categories: Media Coverage

Challenger aims for new 'eye' every year

Proactive Investors - Mon, 07/11/2016 - 07:31

Mark Gustafson, Challenger Acquisitions' (LON:CHAL) chief executive, has doubled his stake in the company as the development of a giant wheel in New York and one in Jakarta build momentum.
But this remains early days for the giant tourist wheel specialist, with a further 25 locations already earmarked as potential sites.
The aim is one new wheel to be commissioned each year, with somewhere in the Americas likely to be the next site to be announced he tells Proactive.

Categories: Media Coverage

Challenger Acquisitions eyes new revenue opportunities with manufacturing facility

Proactive Investors - Tue, 07/05/2016 - 02:53
Previously, the firm outsourced the manufacturing and testing of the control systems for Giant Observation Wheels
Categories: Media Coverage

Challenger Acquisitions director dealings

Proactive Investors - Sun, 06/26/2016 - 22:40
Chief executive officer Mark Gustafson has purchased a total of 110,000 shares in the company
Categories: Media Coverage

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} .widget-categories a:hover, .widget-categories a.active { color: #2d3e50; } .widget-top-posts a:hover { color: #2d3e50; } .widget-text hr { border-top-color: #2d3e50; } .widget-text em { color: #2d3e50; } .widget-archive a:hover, .widget-archive a.active { color: #2d3e50; } .widget-tags a:hover { color: #2d3e50; } .widget-categories-filter a:hover { color: #2d3e50; } .widget-categories-filter .active { color: #2d3e50; } .widget-categories-filter .active span { background-color: #2d3e50; } .widget-price-filter .ui-slider-range { background-color: #2d3e50; } .widget-price-filter .ui-slider-handle { background-color: #2d3e50; } .widget-color-filter .active:before { border-color: #2d3e50; } .widget-top-products .pic i { background-color: #2d3e50; } .main-nav ul { background-color: #2d3e50; }