LONDON: ECO Animal Health Group plc (AIM: EAH), a global animal health company with a growing portfolio of veterinary products, announced the sale of non-core product lines to its South African distribution partner for £491,000. ECO, which focuses on disease treatment and prevention in pigs and poultry, sold ECOmectin licenses for use in sheep and…
Vinanz Limited orders first USA-made bitcoin miners from Auradine Inc.
LONDON: Vinanz Limited, a London Stock Exchange Main Board Listed Bitcoin mining company with operations in the U.S. and Canada, has announced its first-ever order of U.S.-made Bitcoin miners, manufactured and supplied by California-based Auradine Inc. The initial trial order consists of 20 Auradine AT2880 miners (220TH and 17.5 J/TH efficiency) to be installed at…
Pharos Energy sign merger MOU with Egyptian General Petroleum Corporation
LONDON: Pharo Energy plc, an independent energy company with operations in Vietnam and Egypt, announced on Wednesday the signing of a non-binding Memorandum of Understanding (MOU) with the Egyptian General Petroleum Corporation (EGPC). This MOU, in collaboration with IPR Lake Qarun Company (IPR), pertains to the merger of the El Fayum and North Beni Suef…
Equipmake announces development agreement with JCB
LONDON: Equipmake, a leading company in electrification technologies for the automotive, truck, bus, and specialty vehicle industries, announced Tuesday that it has signed a development agreement with British multinational manufacturer J.C. Bamford Excavators Limited (JCB). JCB is renowned for its construction, agriculture, waste handling, and demolition equipment. Under the agreement, Equipmake will leverage its expertise…
ENGIE announces divestment of assets in Kuwait and Bahrain to ACWA Power
PARIS: ENGIE, a leader in low-carbon energy, has announced the signing of a Sale and Purchase Agreement (SPA) to divest its shareholding in key assets in Kuwait and Bahrain to ACWA Power. This move aligns with ENGIE’s strategic commitment to achieve net zero by 2045. In Kuwait, ENGIE will divest its 17.5% share in Az…
Colgate-Palmolive to acquire Prime100 Pet Food brand
NEW YORK: Colgate-Palmolive Company (NYSE:CL) announced Wednesday its agreement to acquire Care TopCo Pty Ltd, the owner of the Prime100 pet food brand, as part of its growth strategy. This move will expand its Hill’s Pet Nutrition division into the fast-growing fresh pet food market while complementing its existing science-led, veterinarian-endorsed specialty diets and strengthening…
EBOS Group announces leadership change
AUCKLAND: EBOS Group Limited announced Wednesday that CEO John Cullity will retire on June 30, 2025. Adam Hall, currently Group Executive and President – Asia for Orica Limited, will succeed Cullity effective July 1, 2025. Hall has an extensive background in strategic growth, mergers and acquisitions, and operational excellence. At Orica, he spearheaded significant earnings…
Rio Tinto partners with Mitsui & Co. for Rhodes Ridge Joint Venture
SYDNEY: Rio Tinto has announced that Mitsui & Co. has entered into agreements to acquire a 40% interest in the Rhodes Ridge Joint Venture (RRJV) from Rio Tinto’s partners. Mitsui & Co. has agreed to acquire all of VOC Group Limited’s (VOCG) 25% interest in the joint venture. Additionally, Mitsui & Co. has entered into…
Clean Seas Seafood receives merger proposal from Yumbah Aquaculture
ADELAIDE: Clean Seas Seafood Limited (ASX: CSS) announced on Wednesday that it has received a non-binding merger proposal from Yumbah Aquaculture Ltd. The deal, which would see Yumbah acquire 100% of Clean Seas shares, offers shareholders $0.14 cash per share or a scrip alternative in Yumbah.* Yumbah, an Australian-owned shellfish aquaculture company, operates across South…
Meridian Energy to acquire NZ windfarms in $91 million deal
WELLINGTON: Meridian Energy has entered into an agreement to acquire NZ Windfarms Limited (NZWF) for $0.25 per share, valuing the equity of NZ Windfarms at approximately $91 million. The deal, announced on Feb. 19, 2025, is subject to approval from NZ Windfarms shareholders and the High Court. Under the terms of the Scheme Implementation Agreement…
Fortescue acquires over 90% of Red Hawk Mining
SYDNEY: Fortescue Ltd. (ASX: FMG) has acquired more than 90% of Red Hawk Mining Limited (ASX: RHK), paving the way for a compulsory acquisition of the remaining shares, Red Hawk announced on Wednesday. Through its wholly owned subsidiary, FMG Pilbara Pty Ltd., Fortescue has secured 90.09% of Red Hawk’s shares. The company issued a compulsory…
ReNu Energy to acquire Janus Electric
SYDNEY: ReNu Energy Limited (ASX: RNE) announced plans to acquire 100% of the issued share capital of Janus Electric Limited, a strategic acquisition that aims to position ReNu Energy as a leader in heavy transport electrification. The acquisition will be executed through a Share Purchase Agreement, with ReNu Energy issuing 50 million shares on a…