LONDON: Idox plc (AIM: IDOX), a leading supplier of specialist information management software and geospatial data solutions to the public and asset-intensive sectors, announced the acquisition of Trojan Consultants Limited, which trades as Plianz, a provider of Social Care software solutions in the UK. Highlights Idox will acquire Plianz for an initial enterprise value of £7.65m…
Lindsay Australia to acquire SRT Logistics for $108.2 million
SYDNEY: Lindsay Australia Limited (ASX: LAU) announced Tuesday it will acquire Tasmania’s largest refrigerated logistics provider, SRT Logistics Pty Ltd, for approximately $108.2 million in a deal aimed at expanding its national supply chain footprint. The acquisition, expected to close June 30, 2025, will be funded through a mix of cash and scrip, with SRT…
Dalaroo Metals appoints Chris Connell as CEO
PERTH: Dalaroo Metals Ltd. (ASX: DAL) has named Chris Connell as its new chief executive officer, effective May 9, the company announced Monday. Connell, a veteran geologist with nearly 30 years of experience in exploration, mining, finance, and capital markets, previously served as technical director and founder of Iris Metals Ltd. (ASX: IR1). He played a…
Victor Rajasooriar appointed MD & CEO of Noronex Limited
PERTH: Noronex Limited (ASX: NRX) has appointed experienced mining executive Victor Rajasooriar as its new managing director and CEO, effective May 19. Rajasooriar, a qualified mining engineer with 25 years of experience, will lead Noronex’s growth strategy in the Kalahari Copper Belt, where the company has secured a strategic alliance with global miner South32 Limited (ASX: S32)….
FleetPartners enters next growth phase following successful transformation
SYDNEY: FleetPartners Group Limited (ASX: FPR) reported mixed results for the first half of 2025, reflecting both the successes and transitional challenges of its recently completed Accelerate transformation program. While net operating income saw modest gains, new business writings experienced a temporary downturn as the company adjusted to its new operating system. Strategic Transformation Signals Growth Potential …
Dyno Nobel Limited: A strategic pivot towards an explosive future
Half-Year 2025 Financial Analysis & Forward-Looking Outlook SYDNEY: Dyno Nobel Limited’s half-year 2025 results reflect a company in the midst of a bold transformation. While revenues dipped by 8.6% to $2.25B, net profit surged 105% to $7.4M, signaling early success in its shift from a diversified industrial player to a focused global explosives leader. According…
Ascendx Cloud secures £82 million to expand CRM SaaS portfolio, U.S. operations
LONDON: Ascendx Cloud, a London-based provider of enterprise-grade customer relationship management (CRM) software-as-a-service (SaaS) solutions, has raised £82 million in funding to scale its suite of applications and expand its U.S. presence. The investment aims to help more enterprise companies harness their CRM data amid the growing adoption of artificial intelligence. The funding round consists of £45 million in…
Virgin Media O2 and Daisy Group to merge creating £1.4 billion entity
LONDON: Virgin Media O2 (VMO2) announced Monday that it will merge its business-to-business operations with Daisy Group to form a major new player in the United Kingdom’s business communications and IT sector. The newly established entity will generate annual pro forma revenues of approximately £1.4 billion. VMO2 will hold a 70% stake in the business, with Daisy…
Samsung Galaxy S25 Edge retail listing leaks, hinting at premium price tag
A newly surfaced retailer listing has given consumers another glimpse at Samsung’s upcoming Galaxy S25 Edge, showcasing its ultra-thin chassis and hinting at a premium price point. The leak comes via well-known tipster @MysteryLupin, who posted a screengrab of the listing online. The model displayed features 256GB of storage, which is presumed to be the base variant….
FRP Advisory acquires One Advisory Group in £8.1 million deal
LONDON: FRP Advisory Group, a leading business advisory firm, has acquired One Advisory Group in a deal valued at approximately £8.1 million, the company announced Monday. The acquisition includes an initial consideration of £5.6 million and an additional £2.5 million for net assets acquired upon completion. The total sum is divided between £6.5 million in…
Venture Life to sell CDMO business and non-core products in €62 million deal
LONDON: Venture Life Group (AIM: VLG), a leading player in consumer healthcare innovation, has entered into a binding agreement with Italy-based contract development and manufacturing organization (CDMO) BioDue S.p.A. for the sale of its CDMO business and certain non-core products. Under the agreement, BioDue—a portfolio company of The Riverside Group—will acquire 100% of the issued…
Cobalt Holdings Plans $230 million London Stock Exchange listing
Confirmation of Intention to Float – 07:00:09 19 May 2025 – News article | London Stock Exchange LONDON: Cobalt Holdings plc, a newly formed company designed to purchase and hold physical cobalt, announced Monday its intention to raise approximately $230 million through a Global Offer and seek admission to the London Stock Exchange. If approved,…