LONDON: Playtech (LSE: PTEC), a leading provider of technology and services to the online gambling industry, reported a €1.6 billion post-tax profit for the first half of 2025, driven by the disposal of its Snaitech unit, despite a 10% decline in revenue and a sharp drop in reported EBITDA. The company distributed approximately €1.8 billion…
Lords Group reports 8.4% revenue growth in H1 2025; Acquires online retailer CMO
Group revenue increased to £232.1 million for the six months ended June 30 LONDON: Lords Group Trading plc (AIM:LORD), a leading UK distributor of building materials, reported an 8.4% increase in group revenue to £232.1 million for the six months ended June 30, 2025, up from £214.2 million in the same period last year. The…
Technip Energies to acquire Ecovyst’s Advanced Materials & Catalysts business for $556 million
PARIS: Technip Energies (PARIS:TE) said on Thursday it has entered into a definitive agreement to acquire the Advanced Materials & Catalysts business from Ecovyst Inc. (NYSE:ECVT) for $556 million, expanding its catalyst technology portfolio and boosting recurring revenues. The deal, valued at an EBITDA multiple of approximately 9.8, includes Advanced Silicas and Zeolyst International—a joint…
Brave Bison has acquired MTM London Limited for £6 million
LONDON: Brave Bison, the next-generation marketing and technology partner for global brands, has acquired the entire issued share capital of MTM London Limited (MTM) for an initial cash-and-share consideration of £6 million. MTM London is a strategy and insights consultancy working with global technology and media companies such as Google, Figma, Samsung and Spotify Initial…
Wheaton commits $400M gold stream to back Hemlo Mine acquisition by Carcetti Capital
TORONTO: Wheaton Precious Metals™ Corp. said Thursday it will provide up to $400 million in gold stream financing to Carcetti Capital Corporation to support its proposed acquisition of the Hemlo Mine from Barrick Mining Corporation. The financing package includes Wheaton’s gold stream commitment, an estimated $415 million in equity financing, and $200 million in bank…
Aurumin sells non-core assets for $6m to accelerate sandstone gold project
PERTH: Aurumin Ltd. (ASX:AUN) has executed binding agreements to divest all non-core assets in a series of transactions totaling A$6 million, enabling the company to fast-track development of its flagship Sandstone Gold Project in Western Australia. The divestment package includes the sale of Sandstone non-gold/silver rights, the Johnson Range and Mt Dimer projects, and Aurumin’s…
Verbrec to sell Competency Training unit to RelyOn for $11.5 million
SYDNEY: Engineering and asset management firm Verbrec Ltd. (ASX: VBC) said Tuesday it has agreed to sell its registered training organization, Competency Training Pty Ltd, to RelyOn Australia Pty Ltd for A$11.5 million in cash. The deal, subject to customary conditions including approval from the Foreign Investment Review Board, will see all staff, facilities and…
Marula Mining to acquire full ownership of Kinusi Copper Mine in Tanzania
LONDON: Marula Mining PLC (AQSE: MARU, A2X: MAR), an African-focused mining and development company, has signed an amendment agreement to acquire 100% of Takela Mining Tanzania Limited, the owner and operator of the Kinusi Copper Mine in Tanzania’s Dodoma Region. The acquisition, made through Marula’s wholly owned subsidiary, Marula Mining Tanzania Limited (MMTL), will give…
Apple Watch Ultra 3 unveiled: Satellite connectivity, hypertension alerts, and 42-hour battery
Apple introduced Apple Watch Ultra 3 — the most advanced Apple Watch — delivering expanded health, fitness, safety, and connectivity features, and seamlessly shifting between a powerful sports watch, an elegant smartwatch, and a comprehensive health companion. Designed to keep users more connected and safer wherever they are with built-in satellite communications, Apple Watch Ultra…
Hammerson appoints Rob Wilkinson as Chief Executive Officer
LONDON: Hammerson plc today announced the appointment of Rob Wilkinson as Chief Executive Officer. Rob will join the Board on 15 December 2025 as Chief Executive Officer Designate and will take up his role as Chief Executive Officer with effect from 1 January 2026. Rob will succeed Rita-Rose Gagné who, as announced in June, has…
Anglo American and Teck Resources agree on merger to form the Anglo Teck group
LONDON: Anglo American plc and Teck Resources Limited have reached an agreement to combine the two companies in a merger of equals to form the Anglo Teck group, a global critical minerals champion and top five global copper producer, headquartered in Canada and expected to offer investors more than 70% exposure to copper. Both Anglo…
Bass Oil boosts EBITDA 55% despite revenue dip, eyes East Coast gas expansion
MELBOURNE: Bass Oil Ltd. (ASX:BAS) reported a 55% year-on-year increase in EBITDA to A$571,000 for the first half of 2025, despite a 9% decline in sales revenue driven by lower oil prices. The Australian-listed oil producer, which operates assets in the Cooper Basin and South Sumatra, said net entitlement oil remained steady at 31.71 mbbl,…