Asset Value Investors to be acquired by Pacific Asset Management

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…

Ali Mirza August 4, 2026

MENA

Saudi Aramco profit jumps 44% in second quarter as it navigates Hormuz disruption

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…

Ali Mirza August 4, 2026

London Stock Exchange

Toyota raises full-year profit outlook despite first-quarter dip, unveils $6.7 billion buyback

TOKYO: Toyota Motor Corp. reported a slight decline in first-quarter operating profit Tuesday but raised its full-year earnings forecast and announced a fresh share buyback program, as the automaker leaned on cost…

Bernice Miles August 4, 2026

London Stock Exchange

HSBC posts 23% profit surge, announces $1bn buyback as transformation gains pace

LONDON: HSBC Holdings plc reported a 23% jump in first-half profit to $19.5 billion on Tuesday, beating analyst expectations and prompting the bank to resume share buybacks with a $1 billion…

Bernice Miles August 4, 2026

London Stock Exchange

FIH Group agrees £7.6 million sale of fine art logistics arm Momart

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…

Ali Mirza August 4, 2026

London Stock Exchange

Halma plc sells NovaBone Products LLC to Isto Biologics for of $60 million

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…

Ali Mirza August 4, 2026

London Stock Exchange

Caledonia acquires majority stake in Conquip Engineering for £49.5 million

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…

Ali Mirza August 4, 2026

London Stock Exchange

Prologis Inc and SEGRO Plc reach agreement on £14 billion merger

LONDON: Prologis Inc. and SEGRO plc announced they have reached agreement on a recommended share offer with a partial cash alternative valued at approximately £14 billion, creating what would be the world's largest…

Bernice Miles August 4, 2026

London Stock Exchange

Volution Group acquires German specialist getAir GmbH in €40 million deal

CRAWLEY: Volution Group plc (LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, announced Monday it has acquired getAir GmbH, a German provider of decentralised…

Bernice Miles August 4, 2026

Euronext

Ageas to sell Malaysian joint venture stake to Maybank for €1.1 billion

Deal ends 25-year partnership as Belgian insurer refocuses on Asian growth markets BRUSSELS: Ageas announced Monday it has reached an agreement to sell its 30.95% stake in Maybank Ageas Holdings Berhad to its…

Muhammad ALI August 3, 2026

London Stock Exchange

Image Scan Holdings acquires ClanTect Limited

LONDON: Image Scan Holdings plc, an AIM-quoted specialist in X-ray screening systems, announced Monday it has acquired ClanTect Limited, a developer of proprietary human presence detection technology, in a deal valued at approximately £1…

Bernice Miles August 3, 2026

Euronext

TotalEnergies buys power business from Shell, divests renewable portfolio to KKR

PARIS: In a significant development for the European energy sector, TotalEnergies has announced two major transactions that underscore its commitment to its Integrated Power strategy while demonstrating its ability to optimize capital allocation…

Chenos Kahn August 3, 2026