AMSTERDAM: Euronext has entered into a definitive agreement with Visma to acquire 100% of Admincontrol, a leading provider of governance and secure collaboration Software as a Service (SaaS) solution in the Nordics and in the UK. On 8 November 2024, as part of its “Innovate for Growth 2027” strategic plan, Euronext outlined its ambition to scale up…
Nine Entertainment appoints Matthew Stanton as CEO & MD
SYDNEY: Nine Entertainment Co. (ASX: NEC) announced Thursday the appointment of Matthew Stanton as Chief Executive Officer and Managing Director, effective immediately. The Nine Board confirmed Stanton’s appointment following a comprehensive international search process. Stanton has an extensive background in leading transformation programs across various sectors, including media, food and beverage, and retail. He previously served as…
Capricorn Metals announces acquisition of Kings Find Project
PERTH: Capricorn Metals Ltd. (ASX: CMM) announced Thursday that it has entered into a binding agreement to acquire the Kings Find Project, a highly prospective gold exploration tenement located in Western Australia’s Murchison region. The project, covering approximately 54 square kilometers, is contiguous to the northern boundary of Capricorn’s existing Mt Gibson Gold Project (MGGP). The acquisition,…
DP World Australia’s proposed acquisition raises competition concerns
SYDNEY: The Australian Competition and Consumer Commission (ACCC) has raised preliminary concerns over DP World Australia’s proposed acquisition of Silk Logistics, a major player in national container transport services. The acquisition could potentially result in reduced competition and higher costs for Australian importers and exporters. DP World Australia, which operates container stevedores at the Ports of…
Boss Energy Limited acquires significant stake in Laramide Resources
SYDNEY: Boss Energy Limited (ASX: BOE; OTCQX: BQSSF) has announced the acquisition of 23.5 million shares in Laramide Resources (TSX & ASX: LAM), representing approximately 9 percent of the issued shares, at a price of C$0.60 per share. This purchase will increase Boss’ interest in Laramide to approximately 18.4 percent on an undiluted basis, equating to approximately…
Herbalife to acquire Pro2col, Pruvit, and Link BioSciences
LOS ANGELES: Herbalife Ltd. (NYSE: HLF) announced plans to expand its health and wellness portfolio through a series of strategic acquisitions, positioning itself as a leader in personalized nutrition. The company revealed it has signed a binding memorandum of understanding to acquire 100% of Pro2col Health LLC, a health-focused digital platform, and Pruvit Ventures Inc.,…
Sirius Real Estate acquires Chalcroft Business Park for £36.5 million
LONDON: Sirius Real Estate, a leading owner and operator of branded business and industrial parks in Germany and the U.K., has acquired Chalcroft Business Park in Southampton for £36.5 million. This acquisition follows their £152 million capital raise last July. Chalcroft Business Park spans 56 acres and includes 267,073 sq ft of warehousing space, 126,511 sq…
Investor increases stake in Zimbabwe’s Muchesu Coal Project
LONDON: Contango Holdings Plc, a company committed to maximizing the value of the +2 billion tonne Muchesu coal project in Zimbabwe, announced that an entity controlled by a director of Huo Investments (Pvt) Limited has acquired a 6.502% stake in Monaf Investments (Private) Limited from a local minority shareholder. This transaction does not affect Contango’s interest in…
All Things Considered Group expands holdings with acquisitions of Brighton Venues
LONDON: The Board of All Things Considered Group plc (AQSE: ATC), an independent music company, has announced the acquisition of majority interests in two prominent Brighton-based music venues, Concorde 2 and Volks, along with associated festival amenities company JTR Productions Ltd. The acquisitions, made through ATC’s subsidiary Joy Entertainment Group Ltd, include an 80% stake in Concorde…
Cake Box Holdings to acquire Ambala Foods in £22 million deal
LONDON: Cake Box (AIM:CBOX), the UK’s largest retailer of fresh cream celebration cakes, has conditionally agreed to acquire Ambala Foods Limited for a total consideration of £22 million. The acquisition includes £16 million for Ambala and £6 million for Ambala’s manufacturing facility in Welwyn Garden City. To partially finance the acquisition, Cake Box plans a placing…
Pioneer Lithium names Michael Beven as CEO
SYDNEY: Pioneer Lithium Limited (ASX: PLN) has appointed Michael Beven as its new Chief Executive Officer, the company announced Wednesday. Beven, an exploration geologist with over a decade of experience, will assume the role immediately. Beven’s extensive background spans uranium, rare earths, lithium, gold, copper, and titanium projects across Australia, Brazil, and Canada. His appointment comes…
URW sells Bonaire Shopping Centre to Castellana for €305 million
VALENCIA: Unibail-Rodamco-Westfield (URW) announced today an agreement to sell Bonaire, an open-air shopping center located in Valencia, Spain, to Castellana Properties, the Spanish subsidiary of Vukile Property Fund. The disposal price is set at €305 million, a premium to the last unaffected book value. The transaction is expected to be completed in March 2025. The asset, which…