HOUSTON: PowerTransitions, an independent power producer focused on redeveloping legacy energy facilities, said Monday it has acquired the 1,242-megawatt Roseton Generating Facility from a subsidiary of Castleton Commodities International LLC. The natural gas-fired plant, which has supplied power into NYISO Zone G since…
PARIS: French artificial intelligence company Mistral has raised €3 billion ($3.5 billion) at a valuation of roughly €21 billion ($24 billion), marking the largest equity funding round for a privately held European technology firm, the three-year-old startup said Tuesday. The funding round…
MELBOURNE: Elixinol Wellness Ltd. has completed the sale of its United States business to Ananda Health, Inc., the company announced Monday, as it sharpens focus on its Australian health and wellness portfolio. The transaction, which closed Sept. 4, provides for total consideration of…
MELBOURNE: Neurizon Therapeutics Ltd., a late-stage biotechnology company focused on neurodegenerative diseases, has appointed Dr. Chris Bremer as chief executive officer, effective Oct. 1. Bremer, who holds an M.D., Ph.D. and MBA, brings more than 20 years of international pharmaceutical and biotechnology…
Deal aims to help customers bridge gap between AI experimentation and business value NEW YORK: CDW Corp., a leading technology solutions provider, said Tuesday it has agreed to acquire Lovelytics, a data and artificial intelligence services firm, for approximately $525 million…
BRISBANE: Eureka Group Holdings Ltd. announced Thursday it has entered into contracts to acquire a portfolio of six lifestyle and mixed-use communities in New South Wales for $123.8 million, a move the company described as transformational for its growth and…
PARIS: Tonner Drones has signed a binding agreement to acquire Azur Drones, a French autonomous surveillance drone company, from Drone Volt in a cash-funded transaction that expands the company’s footprint in the defense and security sector. The acquisition, announced Aug. 27, includes…
SYDNEY: Centrepoint Alliance Ltd. (ASX: CAF) announced Wednesday it has entered into binding agreements to acquire a 51% controlling interest in SEQ Advice Group Pty Ltd., a Queensland-based financial advisory business, in a move that expands the company’s direct participation…
MELBOURNE: EQT Holdings Ltd., the parent company of Equity Trustees, said Friday it has received an unsolicited takeover proposal from BGH Capital Pty Ltd. valued at 24.75 Australian dollars per share in cash. The indicative, non-binding proposal would acquire 100% of EQT’s outstanding…
SYDNEY: ClearView Wealth Limited announced Thursday that its acquisition by Zurich Financial Services Australia Limited has been implemented, finalizing the scheme of arrangement approved by shareholders and the New South Wales Supreme Court last month. Zurich is now the registered…
STOCKHOLM: Asker Healthcare Group has acquired 100% of the shares in Ambercell Solutions UAB, a leading Baltic medtech solutions provider and distributor, the company announced Wednesday. Ambercell provides therapy- and procedure-specific packs and medical consumables through its proprietary integrated supply chain management platform, along with…
BILBAO: Virtualware, a Euronext-listed enterprise software company, has signed a definitive agreement to acquire 100% of Virtalis Holding, a Manchester-based virtual reality and RT3D visualization software firm, the companies announced Tuesday. The transaction, valued at a fixed €5 million upfront plus performance-based…