BRUSSELS: KBC Group NV reported a net profit of 1.15 billion euros for the second quarter of 2026, boosted by higher net interest income, increased fee income, and lower loan impairment charges compared to the previous quarter. The Belgian bancassurance group’s performance…
International expansion drives top-line growth, but elevated fuel costs and a strong tenge weigh on profitability for H1 2026. ALMATY: Air Astana JSC, the leading airline group in Central Asia and the Caucasus, has released its financial results for the second quarter and…
LONDON: Asset Value Investors (AVI), the London-based specialist value investment manager, has agreed to sell its entire share capital to Pacific Asset Management, the companies announced Tuesday. The deal will give AVI access to Pacific’s technology, operations and global distribution network as the…
DHAHRAN: Saudi Aramco said Tuesday that its net income climbed 44% in the second quarter, as oil prices spiked amid an unprecedented disruption to shipping through the Strait of Hormuz, even as the state-controlled energy giant reported that facilities in the Kingdom…
LONDON: FIH Group plc has agreed to sell its fine art logistics business, Momart, to Compagnie Générale du Roumois SAS for £7.6 million in cash, the company announced Tuesday. The sale requires shareholder approval at a general meeting scheduled for Aug. 28, 2026….
LONDON: Halma plc, the global group of life-saving technology companies focused on growing a safer, cleaner, healthier future for everyone, every day, Tuesday announced that it has completed the sale of NovaBone Products LLC and its subsidiaries (“NovaBone”) to Isto Biologics for total consideration…
LONDON: Caledonia Investments plc announced Tuesday it has invested £49.5 million to acquire a 61% majority stake in Conquip Engineering Group Holding Company Limited, a family-owned provider of products and solutions for the infrastructure, utilities, energy and built environment sectors. The deal…
COPENHAGEN: ASSA ABLOY has signed an agreement to acquire Gunnebo Entrance Control, an international provider of entrance control solutions, including speed gates, mass transit gates and security revolving doors. “I look forward to welcoming the Gunnebo Entrance Control team to ASSA ABLOY. This…
LONDON: Public Policy Holding Company (NASDAQ: PPHC; AIM: PPHC.L) has acquired The Advocacy Partners, one of Florida’s top government relations firms, for an initial payment of $20.4 million, the company announced. The deal marks PPHC’s entry into Florida and adds to a national…
SOUTHAMPTON: Croma Security Solutions Group Plc has completed its acquisition of Added Security Technology Limited, a Portsmouth-based provider of intercom and door entry systems, in a deal worth approximately £1.74 million, the company announced. Croma, which trades on London’s AIM market under the…
LONDON: J Sainsbury plc has agreed to sell Argos, the general merchandise retailer it has owned for more than a decade, to Swift Partners, a newly formed company led by three retail executives and backed by investment firm True Capital. The deal, announced Friday,…
LONDON: HSBC has agreed to sell its Australian home loan and personal loan business to funds managed by Blackstone, the bank announced Friday, marking the lender’s exit from retail banking in the country as part of a broader global simplification push. Under the deal,…