COPENHAGEN: Bavarian Nordic A/S announced Thursday that Tarja Stenvall will become its next president and chief executive officer, effective Oct. 15, 2026. Stenvall succeeds Paul Chaplin, whose departure was announced earlier this year. She joins the Danish vaccine maker after more than 20…
TORONTO: Canadian businesses are spending roughly 12 times more on artificial intelligence than they were two years ago, according to new transaction data from Float. The findings come from “Canada’s AI Spending Snapshot 2026,” which analyzed anonymized transaction data from more…
MIAMI: Consertus, Inc., a portfolio company of RTC Partners, announced Thursday the acquisition of S2 Engineering, a Rancho Cucamonga, California-based provider of construction management, inspection, engineering and materials testing services for public infrastructure projects throughout the state. Financial terms were not disclosed. For more than…
LONDON: DNO ASA and its wholly owned subsidiary DNO Bidco AS have revised their all-cash offer for Capricorn Energy plc, raising the price to $5.214 per share, the companies announced. The revised offer, announced Monday, replaces the original Sept. 1 proposal of $4.224 in…
AMSTERDAM: Wereldhave N.V., through Wereldhave Belgium, in which it holds a 70% stake, announced the sale of retail park De Mael in Bruges, Belgium, to a consortium of private investors. The gross proceeds from the transaction amount to €49.2 million, excluding transfer tax,…
MELBOURNE: MA Financial Group Limited said Thursday it has agreed to acquire a 50% interest in The Glen Shopping Centre for 327.5 million Australian dollars ($217 million) and launched a new fund targeting more than AU$500 million in large-format retail assets. The Sydney-based alternative…
The IEA raised its forecast for electric cars to 29% of world sales this year, even as total car sales fall and more than 1 million Chinese-built EVs go missing from overseas sales figures. PARIS: Electric car sales rebounded sharply…
AMSTERDAM: ForFarmers, through its Polish subsidiary Tasomix, has agreed to acquire 100% of the shares in STW SA, an animal feed producer based in Sokołów Podlaski in eastern Poland, the company announced. The transaction supports ForFarmers’ growth strategy of strengthening its position…
STOCKHOLM: ASSA ABLOY has acquired Pacific Lock Company, a U.S. manufacturer of padlocks and security hardware, the access solutions company announced. PACLOCK, founded in 1998, employs about 40 people at its headquarters and factory in Valencia, California. The company will join the Residential…
LONDON: Peel Pepper (UK) Limited raised its cash offer for British property investor Harworth Group PLC to 177.5 pence ($2.36) per share Tuesday, valuing the company at about 599.77 million pounds ($799 million). The increased offer, announced by the indirectly wholly-owned subsidiary of Peel Holdings…
CARLSBAD: Polaris Electro-Optics Inc. announced $50 million in Series B financing to bring its FenGlass electro-optic modulator platform to production, the company said Tuesday. Walden Catalyst Ventures led the round, with participation from new investors Socratic Partners, Cambium Capital, Knollwood and Hudson River Trading, along with…
MELBOURNE: Reliance Worldwide Corporation Limited announced Wednesday it has entered a binding scheme implementation deed with a Brookfield Capital Partners LLC affiliate under which Brookfield will acquire 100% of the company’s ordinary shares for US$3.38 cash per share. The deal values the plumbing and…