LONDON: Tritax Big Box REIT PLC has agreed to acquire Warehouse REIT PLC in a recommended cash-and-share deal valued at approximately £485.2 million, the companies announced Tuesday. The acquisition, to be implemented via a scheme of arrangement under Part 26…
LONDON: Renold PLC has agreed to a recommended cash acquisition by MPE Bid Co, a newly formed entity controlled by funds managed by MPE Management Co. The deal, valued at approximately £186.7 million on a fully diluted basis, will be conducted through…
ISLAMABAD: Oil & Gas Development Company Limited (OGDC) on Thursday announced the signing of a Production Concession Agreement (PCA) for the development of Offshore Block 5 in Abu Dhabi, solidifying its participation in an international upstream venture through a consortium-based…
ACCRA: The Government of Ghana has signed a memorandum of understanding with energy companies to extend key offshore oil licenses until 2040, a move expected to drive investment and increase reserves in the country’s energy sector. The agreement covers the…
LONDON: Frenkel Topping Group plc, a financial services firm specializing in asset management and investment advice, confirmed Monday that its independent directors are engaged in advanced discussions with Harwood regarding a potential cash acquisition offer. The Possible Offer would be made by Harwood…
TotalEnergies has decided to halt any new financial contributions to the Adani group until the accusations against certain Adani group individuals and their consequences are clarified. This decision follows public announcements by U.S. authorities regarding the indictment of specific Adani…
LONDON: Benchmark Holdings plc, a leader in aquaculture genetics, specialist nutrition, and health, has announced the sale of its genetics business to Starfish Bidco AS, a subsidiary of Novo Holdings. The deal is valued at up to £260 million, including…
LONDON: RC365 Holding plc (LSE: RCGH), an established payment solutions and fintech company, announced the divestiture of its Hong Kong incorporated RCPAY Limited subsidiary (RCPAY HK) for a cash consideration of HK$400,000. The Group will continue to provide remittance and…
LONDON Anglo American has now entered into definitive agreements to sell the entirety of its steelmaking coal business, to generate up to US$4.9 billion in aggregate gross cash proceeds, including the already announced sale of Anglo American’s interest in Jellinbah…
The company, known for investing in innovative IT and social media firms with a focus on the APAC region, is set to expand its portfolio by exploring opportunities in AI. This move comes as the global technology sector witnesses rapid…
Valora Therapeutics Inc., a biotechnology company specializing in immunotherapy, has successfully closed its seed funding round. The investment was co-led by Avalon BioVentures, Bregua Corporation, and TigerGene, with additional support from Alexandria Venture Investments and Correlation Ventures. The funds will…
Veritone, Inc. (NASDAQ: VERI), a leader in enterprise AI solutions, has announced the launch of Veritone Data Refinery (VDR). This new offering is designed to help businesses convert large amounts of unstructured data into high-quality, AI-ready assets using Veritone’s aiWARE™…