SAN FRANCISCO: Multiply Labs, a company that builds robotics for drug manufacturing, said it has raised $75 million in Series B funding, bringing its total capital raised to more than $100 million since it was founded in 2016. The round…
Bank says elevated prices are needed to keep recovering demand from overwhelming constrained refineries Diesel prices may need to stay high through 2027 as refinery constraints collide with recovering consumption and with governments and companies rebuilding depleted inventories, according to…
LONDON: Nettle Limited, a startup that makes artificial intelligence software for commercial insurers, has raised $4.8 million in an oversubscribed seed funding round, bringing its total funding to $6.8 million, a statement noted. The round was led by MTech. Existing…
LONDON: Informa PLC announced plans Tuesday to separate its academic publishing business, Taylor & Francis, and acquire B2B events company Clarion in a £2.24 billion ($2.98 billion) deal, as the British group sharpens its focus on its core live events…
LONDON: KKR, a leading global investment firm, today announced the agreement to acquire Gen II Fund Services, LLC (“Gen II”), a global leader in private capital fund administration, for a total enterprise value of $5.1 billion. KKR is acquiring Gen…
PARIS: BPCE has acquired a stake equivalent to approximately 7% of the share capital of Banco de Sabadell, S.A. (“Sabadell”) through market purchases and financial instruments. The companies did not disclose the value of the transaction. At current market prices,…
LONDON: Focus Xplore PLC, a minerals exploration and development company, announced that it has signed a sales and purchase agreement to acquire five gold exploration properties in Canada for approximately £296,000. The company said it will acquire the entire issued…
NEW YORK: FVLCRUM Funds announced Tuesday it has acquired Fidelity Technology Services, a provider of military simulation training systems and services to the U.S. Department of War and allied nations. Terms of the deal were not disclosed. FTS, founded in…
NEW YORK: Zeta Global (NYSE: ZETA), the intelligent AI infrastructure company, announced Tuesday it has entered a definitive agreement to acquire Senso, a Y Combinator-backed AI engineering company whose technology helps power Zeta’s Generative Engine Optimization offering. The acquisition will…
NEW YORK: Allegion plc, a global security products and solutions provider, has acquired privately held Overly Door Company, the company announced. Overly, founded in 1888 and headquartered in Greensburg, Pennsylvania, manufactures custom specialty doors for acoustic, blast, bullet-resistant and vault…
NEW YORK: Champion Homes, Inc. (NYSE: SKY) announced it has entered into a definitive agreement to acquire the assets of Timberline Homes, Inc., a manufactured and modular home retailer with nine locations across Alabama, Mississippi and Florida. Terms of the…
SYDNEY: LGI Limited announced Tuesday it has entered a binding agreement to acquire two operating solar farms in Queensland for $22 million, expanding its renewable energy portfolio to more than 120 megawatts of targeted dispatchable capacity. The company will purchase…