Dar Global PLC said on Monday it has signed an agreement with Dar Al Arkan Real Estate Development Company to acquire a prime land parcel in Jeddah, Saudi Arabia, for the development of a luxury mixed-use project valued at approximately SAR 2.4 billion ($640 million). The site, spanning around 28,800 square metres, is located within…
StubHub targets $851 million in NYSE IPO, eyes $9.2 billion valuation
StubHub is seeking to raise up to $851 million in its initial public offering, aiming for a valuation of as much as $9.2 billion, according to a regulatory filing published Monday. The ticket resale platform plans to offer more than 34 million shares priced between $22 and $25 each. The company will list on the…
Fiinu Plc reports half-year results, highlights strategic progress and capital raises
The company reported a loss before tax of £980,338, reflecting increased costs LONDON: Fiinu Plc, the fintech group behind the Plugin Overdraft® and recently re-admitted to trading on AIM following its acquisition of Everfex P.S.A., on Monday announced its unaudited half-year results for the six months ended June 30, 2025, underscoring strategic momentum and capital-raising…
Invinity signs MoU with Xiamen C&D to advance vanadium battery manufacturing in China
LONDON: Invinity Energy Systems plc (AIM: IES) (OTCQX: IESVF), a global leader in utility-grade energy storage, has signed a non-binding memorandum of understanding with Xiamen C&D Corporation Limited to explore the establishment of manufacturing facilities for vanadium flow batteries in Xiamen. The agreement, signed during the opening of the UK Government Pavilion at the 25th…
Roquefort Therapeutics to acquire Coiled Therapeutics in £30 million reverse takeover
LONDON: Roquefort Therapeutics plc (LSE:ROQ), a Main Market-listed biotech firm, said Monday it has entered into a binding term sheet to acquire Coiled Therapeutics, Inc., a clinical-stage oncology company spun out from A2A Pharmaceuticals, in a reverse takeover valued at £30 million. The deal, payable in shares, would give Roquefort full ownership of Coiled USA…
Guardian Metal Resources plans U.S. share offering, exchange listing in 2026
LONDON: Guardian Metal Resources PLC (LON: GMET), a tungsten exploration and development company, said Monday it plans to offer ordinary shares or American Depositary Receipts (ADRs) in the United States and pursue a listing on a U.S. securities exchange. The offering is expected to be completed in the first half of 2026, with proceeds earmarked…
Project Glow Topco Considers London IPO for Beauty Tech Group
LONDON: Project Glow Topco Limited, the holding company of The Beauty Tech Group Limited, said Monday it is considering an initial public offering and plans to publish a registration document later today. The company is evaluating a potential listing of its ordinary shares on the equity shares (commercial companies) category of the Financial Conduct Authority’s…
Alstom wins €538M contract for New Zealand’s first battery-electric commuter trains
PARIS: Alstom has secured a €538 million (NZD$1.065 billion) contract from the Greater Wellington Regional Council to supply 18 battery-electric multiple unit (BEMU) trains and provide 35 years of fleet maintenance, marking the debut of zero-emission commuter rail in New Zealand. The 5-car Adessia Stream B trains, manufactured at Alstom’s Savli facility in India, will…
Frontier Digital Ventures posts record EBITDA despite revenue dip in H1 2025
Operating EBITDA, which includes contributions from equity-accounted associates Zameen and PakWheels in Pakistan, rose 102% to A$5.0 million SYDNEY: Frontier Digital Ventures Ltd. (FDV), a leading operator of online classifieds marketplaces in emerging markets, reported a record statutory EBITDA of A$3.2 million for the first half of 2025, up 71% from the prior-year period, despite…
QuickFee sells US Pay Now business to Aiwyn for $26.35 million, retains finance arm
SYDNEY: QuickFee Ltd. (ASX: QFE) has sold its U.S. Pay Now business to Aiwyn Inc., a KKR- and Bessemer-backed technology firm, for US$26.35 million (A$40 million), marking a strategic pivot toward core lending operations. The deal, completed immediately, includes QuickFee’s ACH, card and Connect payment services, and values the unit at five times its FY25…
Closing the Literacy Gap: The Social Impact of E-Libraries
A New Door to Knowledge Books have always been a bridge between worlds yet millions of people still stand on the wrong side of that bridge. Printed works cost money to publish and ship and in many regions even basic bookshops remain scarce. The growth of e-libraries changes this balance. A single digital space can…
Metals One acquires strategic stake in Evolution Energy Minerals
LONDON: Metals One Plc (AIM: MET1), a critical and precious metals exploration company, said Friday it has acquired a 10.45% stake in Evolution Energy Minerals Ltd (ASX: EV1) and agreed to underwrite part of Evolution’s A$1.45 million Rights Issue. The investment provides Metals One exposure to Evolution’s Chilalo Graphite Project in Tanzania, a development-ready asset…