LONDON: Future plc announced the acquisitions of 100% of SheerLuxe Ltd and BLUSH Talent MGMT Ltd, a UK-based digital publishing group that combines the authority of a trusted media brand with the authenticity and engagement of the creator economy. The acquisition is for an initial cash consideration of £39.9m funded from existing facilities, with an…

LONDON – Drax Group has signed an agreement to acquire Flexitricity Limited, a UK-based optimiser of flexible energy assets, from Quinbrook. The transaction values Flexitricity at £36 million, which is subject to customary closing adjustments. Completion is expected in Q1 2026 and is conditional on completion of regulatory approvals and processes. The transaction is expected…

LONDON: City of London Investment Group (LSE: CLIG), a leading specialist asset management group offering a range of institutional and retail products announced the appointment of Cooper Abbott as Chief Executive Officer and Executive Director with immediate effect. This appointment follows a thorough search process undertaken by the Nomination Committee of the Board. Cooper Abbott…

LONDON: VertiGIS Ltd said on Tuesday it has agreed to acquire British software company 1Spatial Plc for about £87.1 million ($110.6 million) in cash, in a deal aimed at creating a global provider of geographic information systems (GIS) and location data management solutions. Under the terms of the recommended offer, 1Spatial shareholders will receive 73…

LONDON: Active Energy Group plc has been successfully granted an Entrepreneur Licence by the Ministry of Investment of Saudi Arabia (MISA). The award of the MISA Entrepreneur Licence represents a strategic milestone for the Group and forms a core part of Active Energy’s wider strategy to expand its footprint across the Middle East. The licence provides…

LONDON: Schroders Capital Global Innovation Trust plc announced that its holding of the Salica Environmental Technology Fund (SETF), previously HP Environmental Technologies Fund LP (HPET), has completed the sale of its underlying portfolio company, Bluewater Bio Limited to a European PE backed strategic acquiror. The expected distributions from the exit are in line with the…

LONDON: Fintel plc (AIM: FNTL), a leading provider of software and services to the UK retail financial services sector, today announced that it has completed the acquisition of the Pearson Ham Group’s market pricing business, a leading provider of proprietary pricing data to the UK insurance industry. The total cash consideration for the Acquisition of…

LONDON: Bodycote Plc, the world’s leading provider of specialist thermal processing services, today announced the acquisition of Spectrum Thermal Processing, an Aerospace and Defence focused heat treatment provider based in Cranston, Rhode Island, for a cash consideration of approximately $8m.  Spectrum brings well established Nadcap-accredited capabilities in the Northeast US, spanning a range of high-quality…

MARLBOROUGH: Boston Scientific Corporation (NYSE: BSX) and Penumbra, Inc., (NYSE: PEN) today announced the companies have entered into a definitive agreement under which Boston Scientific will acquire Penumbra in a cash and stock transaction that values Penumbra at $374 per share, reflecting an enterprise value of approximately $14.5 billion. “Penumbra is a well-established company with…

LONDON: DCC plc, the leading international energy sales, marketing and support services group, announces that it has agreed to acquire UGI International LLC’s liquid gas businesses in Poland, Hungary, Czechia and Slovakia. The businesses operate through well-invested infrastructure across the four countries, supplying more than 200 million litres of liquid gas products to approximately 30,000…