PARIS: Capgemini has acquired Delta Capita BV and its subsidiary Delta Capita Academy BV, expanding its foothold in financial crime compliance (FCC) services. The Netherlands-based companies, part of Delta Capita Group Ltd., specialize in regulatory services including Know Your Customer (KYC), anti-bribery, and risk management frameworks. Capgemini announced the acquisition on April 16, marking its…
InPost acquires Yodel, becomes UK’s third-largest e-commerce logistics player
LONDON: European logistics giant InPost has expanded its presence in the United Kingdom with the acquisition of Yodel, one of the country’s largest parcel delivery companies. The move positions InPost as the third-largest agnostic e-commerce logistics provider in the UK, solidifying its foothold in the market. The acquisition integrates Yodel’s home delivery network with InPost’s…
Lyft is acquiring mobility platform FreeNow for $198.40 million
Lyft announced Wednesday that it is acquiring mobility platform FreeNow from German automotive companies BMW and Mercedes-Benz for €175 million ($198.40 million), marking the U.S. ride-hailing company’s expansion into the European market. The acquisition will increase Lyft’s potential market, granting access to major cities such as London, Frankfurt, Paris, and Milan. FreeNow operates in over…
Science in Sport Plc confirms possible acquisition offer from bd-capital
LONDON: The board of directors of Science in Sport Plc confirmed that the company has received an approach from bd-capital at a price of 34 pence per share, which may or may not lead to an offer for the entire issued and to-be-issued share capital of the company. An independent committee of the board evaluated the indicative…
AI startup Inephany secures $2.2 million pre-seed funding
LONDON: AI optimization startup Inephany Ltd has raised $2.2 million in a pre-seed funding round, aiming to transform how neural networks—including Large Language Models (LLMs)—are trained and fine-tuned. The round was led by Amadeus Capital Partners, with participation from Sure Valley Ventures (SVV) and AI pioneer Professor Steve Young, who joins Inephany as an angel…
M.P. Evans to acquire two Indonesian palm oil plantations for $34.2 million
JAKARTA: M.P. Evans Group, a producer of sustainable Indonesian palm oil, announced Wednesday that its subsidiary, PT Evans Indonesia, has agreed to acquire two Indonesian plantation companies in a $34.2 million deal. The company signed a conditional share purchase agreement to acquire the entire issued share capital of PT Setara Kilau Mas Adicita (SKMA) and…
Barratt Redrow reports strong Q1 performance amid integration progress
LONDON: Barratt Redrow plc reported solid trading results for its first quarter, driven by consistent homebuyer demand and the ongoing integration of Barratt and Redrow. The homebuilder posted a net private reservation rate of 0.621 for the 13 weeks ending March 30, a 1.6% increase from the previous year’s combined performance. Including multi-unit sales, the…
QMines to acquire Mount Mackenzie gold and silver project
BRISBANE: QMines Limited (ASX: QML) has announced a binding agreement to acquire 100% of the Mount Mackenzie Gold and Silver Project from Resources & Energy Group Limited (ASX: REZ) for $2.485 million. The deal includes a $1 million cash payment and 33 million QMines shares, voluntarily escrowed for 12 months. Key Highlights: – Resource Expansion:…
Oracle Energy Extends Agreement with China Electric Power for Green Hydrogen Project
LONDON: Oracle Power PLC (AIM: ORCP), through its joint venture Oracle Energy Limited, announced an extension of its strategic agreement with China Electric Power and Technology Co., Ltd. (CET) to further advance the development of the Green Hydrogen Project in Thatta, Sindh Province. The Memorandum of Understanding (MoU), initially signed on March 7, 2023, was…
Playtech appoints John Gleasure as Chairman elect
LONDON: Playtech PLC (LSE: PTEC), the global leader in gambling technology, has announced the appointment of John Gleasure as an independent Non-executive Director and Chairman Elect. Gleasure is set to succeed Brian Mattingley as Non-executive Chairman following Playtech’s Annual General Meeting (AGM) in May 2025. Mattingley, who will step down from the Board at that…
NeuroScientific to acquire stem cell technology for Crohn’s disease treatment
PERTH: NeuroScientific Biopharmaceuticals Ltd. (ASX:NSB) announced plans to acquire StemSmart™, a patented stem cell technology from Isopogen WA Ltd., aimed at developing treatments for immune-mediated inflammatory disorders, including refractory Crohn’s disease. The acquisition, subject to shareholder and regulatory approvals, includes binding agreements with key Isopogen shareholders holding 51.4% of the company’s shares. NeuroScientific will issue…
Ajax to acquire Argentina’s Eureka Project
LONDON: Ajax Resources, a U.K.-listed special purpose acquisition company focused on natural resources (LSE: AJAX), has reached an agreement to acquire Puna Metals S.A., the company that holds the mining rights to the Eureka Project in Argentina, the company confirmed Wednesday. The acquisition, valued at $170,000 in cash, allows Ajax to take control of the…