LONDON: Private equity firm HGGC, LLC confirmed Tuesday that it is in advanced discussions with Inspired Plc over a possible cash offer of 81 pence per share, a bid that could result in a full acquisition of the company. HGGC, the third party referenced in Inspired’s May 21 response to an unsolicited offer from Regent…
M&C Saatchi to acquire Dune 23 Sport & Entertainment Sports Events Marketing
LONDON: M&C Saatchi announced the signing of an agreement to acquire Dune 23 Sport & Entertainment Sports Events Marketing Co. L.L.C. (Dune 23). Dune 23 is an award-winning sports agency in Dubai and Abu Dhabi which, as a strategic bolt on acquisition, will integrate with our fast-growing UAE business and further enhance its leading sport…
Assetora launches Australian Homeowner Equity Fund for wholesale investors
SYDNEY: Assetora Limited (ASX:AOH) announced the launch of the Australian Homeowner Equity Fund, a new investment vehicle aimed at helping Australians enter the property market while offering wholesale investors access to a diversified residential property portfolio. The fund, which follows a successful two-year pilot with AMP Bank, allows investors to contribute up to 20% of…
Atturra has acquired DalRae Solutions for $20 million
SYDNEY: Atturra Limited, a leading Australian technology services provider, announced plans to acquire DalRae Solutions, a premier SAP consultancy, in a deal worth up to $20 million. The acquisition aims to strengthen Atturra’s expertise in SAP’s Business Technology Platform (BTP), S/4HANA, and clean core methodologies. Under the terms of the agreement, Atturra will pay $4.8…
Teaminvest terminates acquisition of Enva due to unmet conditions
SYDNEY: Teaminvest Private Group Limited (ASX:TIP) announced Tuesday the termination of its agreement to acquire Enva Australia Pty Ltd and Enva Holdings Pty Limited, citing unresolved conditions for the deal. The company initially disclosed the conditional acquisition on March 6, 2023, but said ongoing delays in meeting prerequisites led to the decision. A deed of…
Turkcell secures $150 million murabaha financing from Dubai Islamic Bank
ISTANBUL: Turkcell (NYSE: TKC) (BIST: TCELL), Türkiye’s leading technology and communications company, has obtained $150 million in Murabaha financing from Dubai Islamic Bank PJSC, a prominent financial institution in the Gulf region. The funding will support Turkcell’s infrastructure investments and long-term growth strategy. Turkcell Chief Executive Officer Dr. Ali Taha Koç said the company remains committed to…
Elders Limited reports strong half-year earnings amid market recovery
ADELAIDE: Agribusiness giant Elders Ltd. (ASX:ELD) posted a robust financial performance for the first half of fiscal 2025, driven by a recovery in the livestock market and growth in its real estate segment, the company reported Monday. Managing Director and Chief Executive Officer Mark Allison, alongside Chief Financial Officer Paul Rossiter, presented the results in…
Genesis Minerals acquires Laverton Gold Project in $250 million deal
LAVERTON: Genesis Minerals Limited (ASX: GMD) has entered into a binding agreement to acquire the Laverton Gold Project from Focus Minerals Limited (ASX: FML) for $250 million in cash, the company announced Monday. The deal, set to close in early June, will bolster Genesis’ resource base with an estimated 4 million ounces of gold near…
WiseTech Global to acquire E2open in $2.1 billion deal to expand logistics software market
SYDNEY: WiseTech Global, a leading logistics software developer, announced Monday it has entered into a binding agreement to acquire U.S.-based e2open, a provider of cloud-based supply chain solutions, for $2.1 billion in a deal aimed at creating a global trade and logistics marketplace. The acquisition, expected to close in the first half of 2026 pending…
Viva Leisure acquires 33% stake in Gorilla X Labs
SYDNEY: Viva Leisure Limited, a leading Australian fitness company, announced Tuesday it has acquired a 33% stake in Gorilla X Labs, a prominent sports nutrition brand, as part of its strategic expansion into the supplements market. The partnership will integrate Gorilla X Labs’ products — including ready-to-drink beverages, protein powders and supplements — across Viva…
The Untold Truth About Inner Peace: Why Financial Well-Being Comes First
The Myth of Inner Peace Without Financial Stability Walk into any bookstore, and you’ll find shelves lined with self-help books preaching the same mantra: “Inner peace comes from within.” Meditate. Breathe. Let go. Practice gratitude. But what if we’ve been sold a half-truth? What if real inner peace isn’t just about mindfulness but about financial well-being—the kind that allows you…
RedBird Capital to acquire The Telegraph in £500 million deal
LONDON: U.S. private equity firm RedBird Capital Partners has reached an agreement in principle to acquire The Telegraph for £500 million, the company announced Friday, ending two years of uncertainty over the future of the British newspaper. The deal would make RedBird the sole controlling owner of The Telegraph, acquiring the stake currently held by RedBird…