SYDNEY: Coolabah Metals Limited has received conditional approval from the Australian Securities Exchange (ASX) for its acquisition of Broken Hill Mines Pty Ltd and is set to relist under the new name Broken Hill Mines Limited (ASX: BHM). The company announced Monday it had secured a Conditional Letter of Admission from the ASX, marking a…
MedAdvisor finalizes $42.35 million sale of ANZ operations to Jonas Software, CFO to depart
MELBOURNE: MedAdvisor Limited (ASX: MDR) has completed the sale of its Australia and New Zealand (ANZ) business operations and associated intellectual property to Jonas Software AUS Pty Ltd in a deal valued at up to $42.35 million. The transaction, finalized after market close on July 4, includes the transfer of MedAdvisor’s main Australian operating entity,…
US and EU race against time for trade deal as OPEC meets and retail traders fuel stock rally
Retail traders propel markets to record highs as U.S.-EU trade talks and OPEC decisions loom As the July 9 deadline looms for U.S.-EU trade negotiations, the specter of renewed tariffs hangs over both economies. European Commission President Ursula von der Leyen has already declared a full trade deal “impossible” by then, but Brussels is pushing…
Empresaria Group receives takeover offer from consortium backed by majority shareholder support
LONDON: Empresaria Group plc (AIM: EMR), a global specialist staffing firm, confirmed it has received an unsolicited indicative takeover proposal from Planmatics Limited, a newly formed entity controlled by a consortium of investors. The consortium — comprising Peter Gregory, Nigel Marsh, and Ashok Vithlani — has proposed to acquire the entire issued and to-be-issued share…
Venture Global signs 20-year LNG supply deal with Petronas
HOUSTON: Venture Global, Inc. (NYSE: VG) has signed a 20-year Sales and Purchase Agreement (SPA) with PETRONAS LNG Ltd. (PLL), a subsidiary of Malaysia’s state-owned energy giant PETRONAS, the company announced Friday. Under the agreement, PETRONAS will purchase 1 million tonnes per annum (MTPA) of liquefied natural gas (LNG) from Venture Global’s third export facility,…
SkyDrive raises ¥8.3 billion in pre-series D round; Welcomes JR East and JR Kyushu as strategic partner
Japan’s eVTOL pioneer accelerates certification and development with new capital and expanded railway alliances TOKYO: SkyDrive Inc., a leading Japanese manufacturer of electric vertical takeoff and landing (eVTOL) aircraft, announced Friday it has raised ¥8.3 billion in Pre-Series D funding through a third-party allotment. The round was led by MUFG Bank, Ltd., with participation from…
HKW acquires Electric Equipment & Engineering Co. to expand engineered power solutions portfolio
DENVER: Middle-market private equity firm HKW has acquired Electric Equipment & Engineering Co. (EEE), a longtime manufacturer of engineered electrical power products serving the power, telecommunications and broadband industries. Founded in 1922 and based in Denver, EEE designs and manufactures customized AC and DC power distribution products, including switchgear, generator connection boxes, transfer switches and…
Shift4 acquires Global Blue, expanding global commerce reach
ZURICH: Shift4 Payments, Inc. (NYSE: FOUR), a leader in integrated payments and commerce technology, has successfully completed its acquisition of Global Blue Group Holding AG (NYSE: GB), a leading provider of tax-free shopping and dynamic currency conversion solutions. The deal, valued at $7.50 per share, solidifies Shift4’s position as a global unified commerce provider. The tender offer, which expired…
Olo Inc. to be acquired by Thoma Bravo in $2 billion all-cash deal
NEW YORK: Olo Inc. (NYSE: OLO), a leading open SaaS platform for restaurants, announced Friday it has entered into a definitive agreement to be acquired by software investment firm Thoma Bravo in an all-cash transaction valued at approximately $2.0 billion. Under the terms of the agreement, Olo shareholders will receive $10.25 per share in cash,…
Sia expands European footprint with acquisition of Dutch AI consultancy Precedence
AMSTERDAM: Sia, a next-generation global consulting group, has acquired Precedence, a Netherlands-based consultancy specializing in AI-driven transformation, in a move that strengthens its presence in the Benelux region and accelerates its European growth strategy. The acquisition follows a strategic minority investment of up to €250 million by Blackstone, the world’s largest alternative asset manager, in…
Treetop Companies acquires Inducon Business Park Near Buffalo Airport
WILLIAMSVILLE: Treetop Companies, a privately held real estate investment firm with a growing national industrial portfolio, has acquired Inducon Business Park, a 12-building, 293,962-square-foot light industrial campus adjacent to Buffalo Niagara International Airport. The seller was Time Equities, Inc., and the transaction was brokered by Joe Hill of CBRE. Located in Williamsville, New York, the…
Ziff Davis completes three strategic acquisitions in Q2 2025
NEW YORK: Ziff Davis, Inc. (NASDAQ: ZD) announced Friday that it completed three acquisitions during the second quarter of 2025, expanding its global footprint and diversifying its product offerings across key verticals. The acquisitions include: The company said the deals will grow its global customer base, provide access to new markets, and enhance its portfolio…