OSLO: EQVA ASA has announced an agreement to purchase 100% of shares in IMTAS AS and its subsidiaries, excluding IMTAS Eiendom AS. The acquisition, conducted by EQVA’s wholly-owned subsidiary Eqva Industrial Solutions AS (EIS), aims to enhance EQVA’s service offerings and market position, increasing revenue by approximately 30%. The transaction, valued at NOK 190 million…
KKR submits proposal of £1.6 billion to acquire Assura share capital
LONDON: Kohlberg Kravis Roberts & Co. L.P. (KKR) has confirmed that it submitted its fourth non-binding proposal to the board of Assura, offering a potential cash deal for the company’s entire issued and to be issued share capital. The latest proposal, which was sent on February 13, 2025, values Assura shares at 48.0 pence each,…
Orosur completes phase one of El Pantano Gold Project JV, earns 51% stake in Deseado
LONDON: Orosur Mining Inc. (TSXV/AIM:OMI) has successfully completed the first phase of a two-phase exploration joint venture for the El Pantano gold project in Santa Cruz province, Argentina, marking a significant milestone in the project’s development. After investing $1 million over three years, Orosur has earned a 51% interest in Deseado Dorado S.A.S, the Argentine…
Tekmar Group appoints Marc Bell as Chief Operating Officer
LONDON: Tekmar Group plc (AIM: TGP), the leading provider of technology and services for the global offshore energy markets, announced the appointment of Marc Bell, current Managing Director of Tekmar Energy, as Chief Operating Officer (“COO”) of Tekmar Group. Marc brings nearly 25 years of experience of business leadership experience across manufacturing, service, and project…
Intelligent Monitoring Group to acquire KOBE Pty Ltd in strategic expansion
PERTH: Intelligent Monitoring Group (IMG), a leading security solutions provider, announced on February 17, 2025, that it has entered into a binding agreement to acquire KOBE Pty Ltd, a Queensland-based supplier of advanced security systems. The acquisition is part of IMG’s strategy to expand its national footprint in the commercial and enterprise sectors. Under the…
Smart Parking expands into U.S. with acquisition of Peak Parking
MELBOURNE: Smart Parking Limited (ASX:SPZ), a global leader in parking technology, announced on Monday its entry into the U.S. market with the acquisition of Peak Parking LP, a boutique parking operator based in Texas. The deal, valued at up to $36 million, marks a significant step in Smart Parking’s geographic expansion strategy. The acquisition will…
CTP launches €57 million project for Hitachi Energy in the Czech Republic
BRNO: CTP, Europe’s largest listed developer, owner, and manager of industrial and logistics properties by gross lettable area (GLA), has embarked on an ambitious project for its long-time partner, Hitachi Energy, at CTPark Brno. The first phase of this project involves a €57 million investment in constructing a 50,000 square meter state-of-the-art high-voltage products factory,…
IFC commits $20 billion investment in Pakistan over next decade
The International Finance Corporation (IFC), an arm of the World Bank, announced plans to invest $2 billion annually in Pakistan over the next ten years. This $20 billion investment will focus on water-related projects, infrastructure development, energy, and ports. IFC Chief Makhtar Diop met with Finance Minister Muhammad Aurangzeb to discuss the expansion of investments…
Carly Holdings and Carbar announce merger
SYDNEY: Carly Holdings Limited (ASX: CL8) announced today it has entered into a non-binding agreement to merge its car subscription business with Carbar Holdings Pty Ltd. This strategic merger will unite two of Australia’s largest and original car subscription platforms. The merger will be executed through the sale of all shares in Carly’s operating entities—Carly…
Infomedia to acquire 50% of European AI startup Intellegam GmbH for €6.1 million
SYDNEY: Infomedia Ltd (ASX: IFM) has announced a binding agreement to acquire 50% of the European AI startup Intellegam GmbH for €6.1 million. The deal aims to accelerate innovation and unlock product-led growth across Infomedia’s global data ecosystem. The partnership will combine Infomedia’s automotive expertise and global OEM relationships with Intellegam’s generative AI technology, enhancing…
Sidetrade and Interpath announce alliance to drive digital transformation
Sidetrade, a leading global provider of AI-powered Order-to-Cash applications, has formed an alliance with international advisory firm Interpath to accelerate digital transformation efforts and help businesses harness AI capabilities more effectively. Interpath, known for its advisory and restructuring services, operates in the UK, France, Ireland, Germany, Austria, Bermuda, Cayman Islands, BVI, and Algeria. The alliance…
CyberArk acquires Zilla Security for $165 million
CyberArk (NASDAQ: CYBR), the global leader in identity security, announced today it has acquired Zilla Security for an enterprise value of $165 million in cash, with an additional $10 million earn-out contingent on milestone achievements. Zilla Security is renowned for its innovative, AI-powered Identity Governance and Administration (IGA) solutions. Zilla’s advanced IGA capabilities will enhance CyberArk’s…