STOCKHOLM: To capture the potential of its own forest land while strengthening wood supply to the industrial operations, the current business area Forest is being divided into two business areas, with wood supply separated into a stand-alone unit, a statement…
SYDNEY: Garda Property Group has agreed to sell its seven remaining investment properties to a fund managed by Charter Hall for A$300 million ($195 million), completing its exit from direct property ownership as it shifts capital toward real estate lending….
LONDON: MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, announced the acquisition of Interspec, a Mottech Water Solutions Ltd distributor headquartered in Aubrey, Texas, US, for a maximum…
LONDON: Ashtead Technology Holdings PLC said Wednesday that its board has agreed to a recommended cash acquisition by Bidco, which will pay 615 pence per share for the entire issued and to-be-issued share capital of the subsea technology company. Pine…
MIAMI: Accenture (NYSE: ACN) has acquired Avicado, a construction technology consultancy headquartered in Miami. Avicado joins Accenture Construct, expanding its digital and systems consulting capabilities to help owners of complex infrastructure and capital programs reduce manual handoffs and establish a…
KARACHI: BYD’s new vehicle assembly plant in Pakistan is expected to begin operations within four to five weeks, by mid-December 2026, management said. The company is targeting an initial sales run rate of roughly 1,000 to 1,500 BYD vehicles per…
LONDON: Bay Capital Plc has entered into heads of terms (HoT) to acquire the entire issued and to be issued share capital of Plenty Biologics Limited. Bay Capital Plc has entered into heads of terms (HoT) to acquire the entire…
LONDON: Gulf Keystone and ShaMaran Petroleum Ltd. announce that they have signed a Bermuda merger agreement and a combination agreement to combine their businesses. The Transaction will be structured as a statutory merger under corporate law in Bermuda, where both…
LONON: Plus500, a global multi-asset fintech group operating proprietary technology-based trading platforms, has conditionally agreed to acquire the full ownership of Guru Corretora de Títulos e Valores Mobiliários Ltda (“Guru”), a regulated broker-dealer in Brazil (the “Acquisition”). The Acquisition further…
FRANKFURT: German drugmaker Merck KGaA said Monday it agreed to acquire London-based Silence Therapeutics in an all-cash deal valued at about $1.3 billion, adding an experimental treatment for a rare blood cancer and a platform for developing RNA-based medicines. Merck…
GENEVA: Lindt & Sprüngli CEO Adalbert Lechner is leaving the Swiss chocolate maker, the company said Monday, with former CEO Dieter Weisskopf appointed interim chief with immediate effect. Dieter Weisskopf, Vice-Chairman of the Board of Directors and former Group CEO,…
LONDON: 80 Mile Plc, an exploration and development company listed on AIM, FSE and OTC, said it has entered into a non-binding heads of terms agreement to sell its Finnish license package to Badlands Resources Inc. (TSX-V: BLDS) in a…