SYDNEY: Ardiden Limited (ASX:ADV) announced on Oct. 10, 2025, that it has entered into a binding agreement to acquire Lac Gold Limited, consolidating the two companies to create a leading Canadian gold exploration and development company. The transformational merger will combine Ardiden’s Pickle Lake Gold Project in Ontario with Lac Gold’s advanced-stage Rouyn Gold Project…
Author: NNR
AstraZeneca to begin $4.5 billion Virginia facility expands U.S. drug manufacturing
The manufacturing facility is expected to create 3,600 jobs WILMINGTON: AstraZeneca is investing $4.5 billion in its new manufacturing facility in Virginia, a proposed increase of $500 million to support the enhanced manufacturing capability of a broader range of medicines including cancer treatments. This is part of the historic $50 billion investment announced in July…
Novo Nordisk to buy Akero for up to $5.2 billion
COPENHAGEN: Danish drugmaker Novo Nordisk will acquire U.S.-based Akero Therapeutics (AKRO.O) for up to $5.2 billion, gaining a promising liver disease treatment in the first major deal by its new chief executive to bolster its pipeline. The acquisition of Akero and its lead drug candidate, efruxifermin, underscores CEO Mike Doustdar’s strategy to focus on highly effective…
Karatzis, METLEN forge joint venture for 330MW battery storage project in Greece
LONDON: Karatzis Group of Companies and METLEN (RIC: MTLN.L) have announced a strategic joint venture to develop a large-scale Battery Energy Storage System (BESS) in Thessaly, Greece. The project, designed to deliver 330 megawatts of power and 790 megawatt-hours of energy capacity, marks a significant step in bolstering Greece’s renewable energy infrastructure. Under the terms…
Apetit Plc to acquire Sweden’s largest frozen pea producer Foodhills AB
HELSINKI: Finnish food company Apetit Plc said on Thursday it has agreed to acquire Sweden-based frozen pea producer Foodhills AB, in a move aimed at strengthening its Nordic footprint and boosting its vegetable-based food operations. The deal, expected to close by Nov. 30 pending regulatory approval from Sweden’s Inspektionen för strategiska produkter (ISP), will see…
Fagron posts 6.4% revenue growth in Q3, reaffirms full-year outlook
BRUSSELS: Fagron, a global leader in pharmaceutical compounding, reported a 6.4% increase in third-quarter revenue, reaching €228.2 million, and reaffirmed its full-year guidance amid continued momentum across regions and business lines. Organic growth at constant exchange rates (CER) rose 10.3%, or 8.5% on a normalized basis, with 5.7% growth including the impact of GLP-1-related dynamics….
ADNOC L&S to build $300 million UAE chemicals port in 50-Year TA’ZIZ deal
ABU DHABI: ADNOC Logistics & Services (ADNOC L&S) has signed a 50-year strategic agreement with chemicals producer TA’ZIZ to establish the United Arab Emirates’ first dedicated chemicals port in Ruwais, the companies said on Thursday. The pact, valued at over $300 million, will see ADNOC L&S build, own and operate the port at the TA’ZIZ…
Bindi Metals to acquire high-grade Serbian gold project
PERTH: Bindi Metals Ltd. (ASX: BIM) announced Thursday it has entered into a binding agreement to acquire up to an 80% interest in the Ravni gold project in southern Serbia, a move that significantly expands its footprint in the highly prospective Raska mining district. The Ravni project spans 30.5 square kilometers and is located 30…
Wynnchurch Capital sells Clyde Industries after strategic growth investment
ATLANTA: Wynnchurch Capital, L.P., a middle-market private equity firm based in Rosemont, Illinois, announced Thursday the sale of Clyde Industries, a leading manufacturer of sootblowers and boiler efficiency solutions headquartered in Atlanta. Wynnchurch acquired Clyde in 2019 through a corporate carve-out from Clyde Bergemann Power Group. Over the course of the investment, the firm supported…
Stoke Space raises $610 million to accelerate reusable rocket development
KENT: Stoke Space Technologies, a U.S. rocket builder, said on Tuesday it has raised $510 million in a Series D funding round and secured a $100 million debt facility, providing fresh capital to speed development of its fully reusable Nova launch vehicle. The equity round was led by Thomas Tull’s US Innovative Technology Fund (USIT),…
Eagle Summit Resources acquires Reflectance Energy; Expands U.S. metallurgical coal portfolio
LEXINGTON: Eagle Summit Resources, LLC (“ESR”) has acquired Reflectance Energy, LLC. The Reflectance coal mining complex will now operate under its new ownership as Eagle Mountain Energy, LLC (“EME”). Reflectance is a portfolio of active metallurgical coal producing mines in Wyoming County, West Virginia consisting of the Coal Mountain complex and adjacent mining operations. The…
Thierry Delaporte named CEO of Sodexo succeeding Sophie Bellon
PARIS: Sodexo has appointed Thierry Delaporte as Group Chief Executive Officer, effective Nov. 10, 2025, marking a significant leadership transition for the global food services and facilities management company. The decision follows a comprehensive selection process led by the Nominating Committee in coordination with the Bellon family. Delaporte succeeds Sophie Bellon, who has served as…