KARACHI: Wyeth LLC is considering purchasing outstanding securities and shares presently listed at Pakistan Stock Exchange (PSX) of Wyeth Pakistan Limited, which would result in delisting of Wyeth Pakistan from PSX, a bourse filing said. Wyeth LLC holds 40.55 percent…
AMSTERDAM: Neways Electronics International has rejected indicative proposal by VDL Groep B.V. to acquire all outstanding shares in Neways’ share capital, as the proposal did not sufficiently reflect the value creation of Neways. VDL Groep proposes to acquire all shares…
SYDNEY: IXUP Limited has entered into a binding Share Purchase Agreement (SPA) to acquire UK-based sports technology company DataPOWA Limited, for a maximum purchase price of A$12 million. IXUP’s Managing Director, Mr. Marcus Gracey, commented: “DataPOWA was originally introduced by…
SYDNEY: Titomic Limited announced that Herbert Koeck has been appointed by the Board of Directors as Chief Executive Officer, with effect from1 July 2021. He succeeds Nobert Schulze, Interim CEO of Titomic, who will continue to support the Company in…
SYDNEY: Kathmandu Holdings Limited announced the appointment of Michael Daly as Group Chief Executive Officer and Managing Director following the resignation of Xavier Simonet. Chairman of Kathmandu Holdings, David Kirk, said: “After an extensive international search, I am delighted to…
NEW YORK: Renalytix AI plc, Atrium Health, Wake Forest Baptist Health and Wake Forest School of Medicine announced a partnership to implement an advanced clinical care model designed to improve kidney health and reduce kidney disease progression and kidney failure…
GENEVA: STMicroelectronics announced a transaction with Cartesiam to acquire its assets (including its IP portfolio) and to transfer and integrate its employees. Closing is subject to regulatory approvals, a news release said. Cartesiam, based in Toulon (France), is a software…
LONDON: Chesterfield Resources will acquire a belt scale copper exploration project, called Adeline, in the highly-rated Labrador region of eastern Canada, a news release said. Chesterfield has entered into a share purchase agreement with Altius in which Altius has agreed…
LONDON: AFH Financial Group (LON: AFHP) announced that the Financial Conduct Authority has, on 18 May 2021, approved the proposed acquisition of AFH by Cortina Bidco Limited (Bidco), a newly incorporated company indirectly controlled by funds managed by Flexpoint Ford,…
LONDON: Open Orphan has received Court approval for the reduction in capital. The reduction of capital will become effective on registration of the Court order at Companies House, which is expected to occur in the next few days. The reduction…
LONDON: The boards of John Laing (LON: JLG) and Bidco have reached agreement on the terms of a recommended cash acquisition of the entire issued and to be issued ordinary share capital of John Laing by Bidco. Under the terms…
ST. PETERSBURG: Lenta LLC, an indirect subsidiary of Lenta IPJSC, signed an agreement to acquire the supermarkets business of Billa Russia GmbH for EUR 215 million in cash. The acquisition significantly accelerates Lenta’s expansion in Moscow, adding prime retail locations…