PARIS: Peugeot Invest has announced a $125 million investment in BroadStreet Partners as part of a capital reorganization, joining a consortium led by Ethos Capital. Ontario Teachers’ Pension Plan, the majority shareholder for over a decade, will maintain a co-control position alongside the new investors. BroadStreet Partners, a leading insurance brokerage firm operating in the…
Henry Gosebruch appointed as Chief Executive Officer of Galapagos
MECHELEN: Galapagos NV (Euronext & NASDAQ: GLPG), a global biotechnology company focused on advancing cell therapies and transformative medicine, announced a strategic update Tuesday, including a re-evaluation of its previously planned corporate separation, a leadership transition, and changes to its Board of Directors. The company originally announced on Jan. 8 its intention to separate into…
Greencoat Renewables proposed secondary listing on the Johannesburg Stock Exchange
DUBLIN: Greencoat Renewables PLC, the renewable energy infrastructure company investing in European renewable energy generation assets, is in the process of applying for a secondary inward listing on the Alternative Exchange of the Johannesburg Stock Exchange (“JSE”) by way of an introduction. The Company has received strong interest in the listing from a number of…
Felix Group Holdings unveils growth strategy for mining & resources sector
SYDNEY: Felix Group Holdings Limited (Felix), a leading enterprise SaaS platform for supply chain management, has released an investor presentation highlighting its strategic focus on the mining and resources sector. The company aims to capitalize on the sector’s complex supply chain needs, leveraging its purpose-built platform to drive growth and expand its global footprint. Vision…
Greencoat Renewables to sell six Irish wind plants in €156 million deal
DUBLIN: Greencoat Renewables PLC has agreed to sell a portfolio of six Irish onshore wind assets with a combined net capacity of 115.7 megawatts, the company announced Tuesday. The transaction, which includes an upfront payment of €139 million and an additional €17 million in deferred consideration over 2026 and 2027, is expected to close in…
Catenai signs subscription agreement for stake in AI firm Alludium
LONDON: Catenai PLC (AIM: CTAI), a publicly traded provider of digital media and technology solutions, has signed a subscription agreement with AI automation company Alludium Ltd. The agreement follows the non-binding term sheet announced on April 11. Under the terms, Catenai will invest in 757,403 ordinary shares of Alludium at a price of 73 pence…
Mercia Asset Management invests in Warwick Acoustics and Axis Spine
LONDON: Mercia Asset Management PLC (AIM: MERC), a regionally focused specialist alternative asset manager overseeing more than £1.8 billion in assets, has participated in major funding rounds for Warwick Acoustics Limited and Axis Spine Technologies Limited, reinforcing the commercial progress of both companies. Warwick Acoustics, a developer of audio systems for automotive and personal audio…
Idox plc has acquired Plianz, a provider of social care software solutions in the UK.
LONDON: Idox plc (AIM: IDOX), a leading supplier of specialist information management software and geospatial data solutions to the public and asset-intensive sectors, announced the acquisition of Trojan Consultants Limited, which trades as Plianz, a provider of Social Care software solutions in the UK. Highlights Idox will acquire Plianz for an initial enterprise value of £7.65m…
Lindsay Australia to acquire SRT Logistics for $108.2 million
SYDNEY: Lindsay Australia Limited (ASX: LAU) announced Tuesday it will acquire Tasmania’s largest refrigerated logistics provider, SRT Logistics Pty Ltd, for approximately $108.2 million in a deal aimed at expanding its national supply chain footprint. The acquisition, expected to close June 30, 2025, will be funded through a mix of cash and scrip, with SRT…
Dalaroo Metals appoints Chris Connell as CEO
PERTH: Dalaroo Metals Ltd. (ASX: DAL) has named Chris Connell as its new chief executive officer, effective May 9, the company announced Monday. Connell, a veteran geologist with nearly 30 years of experience in exploration, mining, finance, and capital markets, previously served as technical director and founder of Iris Metals Ltd. (ASX: IR1). He played a…
Victor Rajasooriar appointed MD & CEO of Noronex Limited
PERTH: Noronex Limited (ASX: NRX) has appointed experienced mining executive Victor Rajasooriar as its new managing director and CEO, effective May 19. Rajasooriar, a qualified mining engineer with 25 years of experience, will lead Noronex’s growth strategy in the Kalahari Copper Belt, where the company has secured a strategic alliance with global miner South32 Limited (ASX: S32)….
FleetPartners enters next growth phase following successful transformation
SYDNEY: FleetPartners Group Limited (ASX: FPR) reported mixed results for the first half of 2025, reflecting both the successes and transitional challenges of its recently completed Accelerate transformation program. While net operating income saw modest gains, new business writings experienced a temporary downturn as the company adjusted to its new operating system. Strategic Transformation Signals Growth Potential …