BRUSSELS: Nyxoah SA (Euronext Brussels/Nasdaq: NYXH), a medical technology company, announced Tuesday a combined financing package of up to approximately €67 million (U.S. $77.6 million) to support the commercialization and development of its Genio system for treating Obstructive Sleep Apnea (OSA). The financing consists of three components: a €17 million private placement in Europe, a…
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New Sources Energy, Conduit Ventures sign MoU for strategic renewable energy collaboration
AMSTERDAM: New Sources Energy N.V. (NSE) and Conduit Ventures Ltd. (CV) said on Thursday they have signed a memorandum of understanding to form an exclusive strategic partnership aimed at jointly financing and developing renewable energy and energy efficiency projects. The collaboration will combine private and public equity mechanisms to support portfolio companies in the energy…
ABN AMRO to acquire NIBC Bank for EUR 960 million
AMSTERDAM – Today, ABN AMRO Bank N.V. announces that it has reached agreement with Blackstone to acquire NIBC Bank. With the acquisition, ABN AMRO will add further scale to its retail banking activities, reinforcing its strong position in the Dutch market. Established in 1945, NIBC is a well-managed largely Dutch focused entrepreneurial bank specialised in…
ArcelorMittal reports $1.5 billion EBITDA in third quarter amid market challenges
LUXEMBOURG: ArcelorMittal, the world’s leading steel and mining company, announced third-quarter earnings of $1.5 billion in EBITDA on Wednesday, demonstrating what it called “resilient operating results at the bottom of the cycle.” The company reported net income of $377 million, or $0.50 per share, for the three months ended Sept. 30, 2025. On an adjusted basis,…
IMCD reports mixed results amid economic challenges, continues expansion through acquisitions
ROTTERDAM: Global specialty chemicals distributor IMCD N.V. reported a slight dip in a key profit metric for the first nine months of 2025, citing ongoing macroeconomic challenges and negative currency impacts, the company announced Thursday. The company’s operating EBITA, a measure of earnings, decreased 2% to 394 million euros ($422 million) compared to the same…
Jabil Inc. to acquire Hanley Energy Group for $725 million
ST. PETERSBURG: Jabil Inc. (NYSE: JBL) said on Wednesday it has entered into a definitive agreement to acquire Hanley Energy Group, a provider of energy management and critical power solutions for data centers, in an all-cash deal valued at approximately $725 million. The agreement includes up to $58 million in contingent consideration tied to future…
Gimv invests in Belgian food tech firm Quality Guard to expand European food safety platform
ANTWERP: Belgian private equity firm Gimv has taken a minority stake in Quality Guard, a fast-growing food tech company that provides a software platform to help foodservice and retail businesses manage food safety compliance. Quality Guard, founded and led by co-CEOs Wim and Achlie Van Gierdegom, offers a SaaS platform that digitizes and automates food…
Ion Beam Applications S.A. has acquired PhantomX GmbH
LOUVAIN-LA-NEUVE – IBA (Ion Beam Applications S.A., EURONEXT), the world leader in particle accelerator technology and a world-leading provider of quality assurance (QA) solutions, today announced the acquisition of PhantomX GmbH, expanding IBA’s portfolio in healthcare diagnostics and therapeutic systems enabling artificial intelligence (AI) quality assurance. Founded in 2018 by Dr. Paul Jahnke and Dr….
Aalberts N.V. completes acquisition of Grand Venture Technology Limited
AMSTERDAM: Aalberts announces successful completion of the acquisition of Grand Venture Technology Limited (GVT). With its head office in Singapore, GVT operates six facilities across Singapore, Malaysia and China, generating an annual revenue of SGD 160 million in 2024 and an adjusted EBITDA margin of 19% with approximately 1,800 employees. In July 2025, Aalberts announced…
Elis has acquired Larosé GmbH and Mitteldeutsche Wäscherei GmbH
SAINT-CLOUD: Elis, the global leader in circular services at work, today announces the acquisition of 100% of Larosé GmbH and Mitteldeutsche Wäscherei GmbH. Larosé serves the eastern part of Germany through its two laundries located in Schönebeck and Berlin. The company caters mainly to healthcare clients and offers a wide range of rental and laundry…
Global Interconnection Group gets takeover interest, funding proposals
GUERNSEY – Global Interconnection Group Limited (GIG) said on Thursday it has received expressions of interest from third-party investors, including a formal proposal to acquire the entire company, as well as other proposals for substantial investments. The company, which owns subsea cable and energy interconnection assets, stated it has entered into a term sheet with one…
TotalEnergies posted an adjusted net income of $4.0 billion for the three months
PARIS: TotalEnergies reported a steady adjusted net income for the third quarter, matching last year’s level despite a significant drop in oil prices, as increased hydrocarbon production and stronger refining margins helped cushion the blow. The French energy giant on Thursday posted an adjusted net income of $4.0 billion for the three months ending Sept….