LONDON: Bango (AIM: BGO), a global platform for data-driven commerce, announced its full-year results for the 12 months ended Dec. 31, 2024, highlighting double-digit revenue growth and an expanded customer base for its Digital Vending Machine® (DVM) technology. Financial Performance Total revenue rose 16% year-over-year to $53.4 million, up from $46.1 million in 2023. Transactional…
Amirose London Holdings begins trading on Aquis Stock Exchange following acquisition
LONDON: File Forge Technology PLC, soon to be renamed Amirose London Holdings PLC, announced Friday the completion of its acquisition of Amirose London Ltd. and the admission of its enlarged share capital to trading on the Aquis Stock Exchange. The company’s 117,483,865 ordinary shares, priced at £0.05 each, began trading at 8 a.m. under the…
IIG sees major growth in China’s digital lottery market with Hui10 expansion
LONDON: Intuitive Investments Group plc (IIG), a closed-end investment company focused on high-growth opportunities, announced its half-year financial results for the six months ending March 31, 2025, emphasizing progress in its key asset, Hui10, a leader in China’s digital lottery transformation. Chairman Optimistic on Growth Sir Nigel Rudd, IIG’s chairman, said the company’s primary driver of…
Rosebank acquires Electrical Components International in £1.14 billion deal
LONDON: Rosebank announced Thursday the acquisition of U.S.-based Electrical Components International (ECI), a market leader in critical electrical distribution systems, in a deal financed through debt facilities and a fully underwritten institutional capital raise of approximately £1.14 billion ($1.45 billion). The acquisition, Rosebank’s first under its “Buy, Improve, Sell” strategy, aims to enhance shareholder value…
Apax Global Alpha to invest additional €3M in WGSN following IWSR acquisition
LONDON: Apax Global Alpha (AGA), the closed-ended investment company linked to the Apax Private Equity Funds, announced Friday that it expects to invest an additional approximately €3 million in WGSN after the trend forecaster’s acquisition of IWSR, a leading provider of beverage alcohol market insights. WGSN, a portfolio company of the Apax XI Fund, disclosed…
SDI Group Acquires Severn Thermal Solutions for £4.75M
CAMBRIDGE: SDI Group plc, a buy-and-build company specializing in lab equipment, industrial sensors and scientific products, has acquired Severn Thermal Solutions Ltd., a designer and manufacturer of high-temperature furnace systems and environmental chambers, for a net consideration of £4.75 million ($6.1 million). Severn, based in Dursley, U.K., produces advanced material testing and processing systems used…
Pinewood.AI to acquire Lithia’s stake in North American JV in $76.5 million deal
LONDON: Pinewood.AI, a leading cloud-based software provider for the automotive retail sector, has agreed to acquire Lithia UK Holdings Limited’s 51% stake in Pinewood North America LLC for $76.5 million, the company announced today. The deal, structured through the issuance of 14,560,691 new ordinary shares in Pinewood.AI at 386.5 pence per share, values the joint…
AIB Group sells shareholding in AIB Merchant Services to Fiserv
LONDON: AIB Group plc (AIB) today announced that it has reached agreement on the sale of its minority stake in AIB Merchant Services (AIBMS) to Fiserv, Inc.. Founded in 2007, as a Joint Venture (JV) between AIB and Fiserv, AIBMS is one of Ireland’s largest payment solution providers and one of Europe’s largest e-commerce acquirers….
St Barbara to acquire 14.4% stake in Geopacific Resources
CLAREMONT: St Barbara Ltd. (ASX: SBM), a Papua New Guinea-based gold producer, has agreed to acquire a 14.4% stake in Geopacific Resources Ltd. (ASX: GPR) through a share exchange with Patronus Resources Ltd. (ASX: PTN), the companies announced Friday. Under the deal, St Barbara will transfer its 158.1 million shares in Patronus in exchange for…
Tait International bids to takeover Vital Limited for $0.45 per share
AUCKLAND: Tait International Limited has issued a formal notice under the Takeovers Code, announcing its intention to acquire all equity securities of Vital Limited, including ordinary shares and employee-issued options. The offer price is set at $0.45 per share in cash, representing a 64% premium to the $0.275 per share price before Vital’s trading halt…
B.P. Marsh has sold Sterling Insurance to ATC Insurance Solutions
LONDON: B.P. Marsh & Partners PLC, a specialist investor in early-stage financial services businesses, said Wednesday that Sterling Insurance Pty Ltd, a general liability underwriting agency focused on Australia’s construction industry, has been acquired by ATC Insurance Solutions Pty Limited. B.P. Marsh holds a 20% stake in Sterling and a 25% share in ATC, which…
Jubilee Metals receives $90 million offer for South African chrome, PGM operations
JOHANNESBURG: Jubilee Metals Group, a diversified metals producer with operations in South Africa and Zambia, announced Thursday it has received a conditional binding offer of up to $90 million from a private mining and metals trading company to acquire its chrome and platinum group metals (PGM) operations in South Africa. The proposed deal, subject to…