Black Star Holdings Limited entered into an unconditional agreement to acquire Storm Business Assets from Hallenstein Glasson Holdings Limited (NZSE:HLG) on March 16, 2018. Upon completion Storm business will continue to trade under Blackstar’s ownership. Storm reported assets of NZD 1.2 million for the year ended, December 31, 2017. The transaction is expected to close on April 30, 2018.