LONDON: Intertek Group plc (“Intertek” and “Group”), a leading Total Quality Assurance provider to industries worldwide, has acquired the assets of a state-of-the-art solar PV laboratory in Ahmedabad, Gujarat, from Mitsui Chemicals India Pvt. Ltd., a leading global chemical manufacturer. Solar PV is the fastest growing form of renewable energy worldwide and India is among the…
LONDON: Animalcare Group PLC, the AIM-listed animal health pharmaceuticals company, has agreed to be acquired by a subsidiary of private equity firm Charterhouse Capital Partners LLP in a deal valuing the business at approximately £235.2 million, the companies announced Wednesday. Under the terms of the cash offer, Animalcare shareholders will receive 336 pence per share,…
LONDON: Tooru, the AIM listed company focused on the branded health and wellness sector, has agreed terms, subject to contract, to acquire 100% of the share capital of Mylky B.V. (“Mylky”). Mylky is a leading branded consumer e-commerce business, selling small plant-based home milk making machines and associated products throughout Europe, capitalising on the fast-growing consumer demand…
LONDON: RTW Biotech Opportunities Ltd, a London-listed investment company focused on the life sciences sector, said Tuesday that portfolio company Obsidian Therapeutics Inc. has agreed to merge with Galera Therapeutics Inc. in a reverse merger that includes a $350 million private placement. The transaction is expected to close in the third quarter of 2026. The…
HONG KONG: Xenitra Limited said Wednesday it has acquired Hong Kong Fukang Trading Co., Limited, a move that fully activates its over-the-counter medicine business in Hong Kong and mainland China. The ASX-listed company, which specializes in fast-moving consumer goods, nutraceuticals and OTC medicines, paid $469,243 for 100% of Fukang’s shares and related assets. Those include…
SPOKANE: Omnia Metals Group Ltd. has entered the U.S. critical minerals sector through a binding agreement to acquire an antimony and silver project in Montana and the direct staking of a rare earth element and gallium project in the same state, the company announced Monday. The Australian firm (ASX: OM1) said it signed a heads…
MILAN: French real estate firm Covivio has acquired four four-star hotels in Milan for €217 million ($247 million), accelerating its push into Southern Europe’s hospitality market, the company announced Wednesday. The portfolio, totaling about 900 rooms, includes properties in the Scalo Farini area, Bicocca, Corso Buenos Aires and Piazzale Loreto — all neighborhoods well-served by…
LONDON: Tiger Alpha PLC has signed Heads of Terms for the proposed acquisition of the entire issued share capital of Potentially Limited (“Potentially”), a private Cypriot company. Potentially is a technology startup building the peer-to-peer infrastructure layer for the AI economy. The proposed acquisition represents a significant step in the Company’s strategy to establish a…
WASHINGTON: The United Kingdom will suffer the largest economic decline of any major advanced economy as a result of the war with Iran, the International Monetary Fund warned Tuesday, slashing its 2026 growth forecast for the country to just 0.8%. The projected figure, down from 1.3% in 2025, represents the steepest downgrade among Group of…
Texas agriculture is bracing for a tough season as global fertilizer prices soar in the wake of a blockade in the Strait of Hormuz. While the immediate headlines focus on oil and gas, the deeper impact is unfolding in the fields of Texas, where farmers are struggling to afford the inputs needed to grow staple…
LONDON: Sintana Energy Inc. plans to list on the Namibia Securities Exchange, aiming to become the first oil and gas company offering Namibians direct ownership in the country’s offshore energy developments, the company announced Tuesday. The Canadian-based firm, which trades on the TSX Venture Exchange, AIM and OTCQX, said it has engaged IJG Securities (Pty)…
PARIS: Eurofins Scientific SE signed an agreement to divest its Electrical & Electronic Testing business (MET Labs) to UL Solutions Inc. for an Enterprise Value of €575 million on a cash and debt free basis. MET Labs is expected to generate over €180 million in revenues in 2026, with profitability broadly in line with the…