HELSINKI: Fortum Oyj said Friday it has launched a recommended voluntary cash tender offer to acquire all outstanding shares of Elmera Group ASA for 47 Norwegian kroner per share, a 59% premium over the company’s undisturbed trading price. The offer period runs…
LONDON: Knights Group Holdings plc, a top-50 U.K. law firm, has agreed to acquire the commercial and private wealth service lines of Moore Barlow LLP for £27 million in cash, expanding its footprint across the South East and South Central markets. The…
CHICAGO: James Hardie Industries plc, a building materials provider, announced it will sell its European sustainable walling and flooring business, Fermacell, to Swiss rival Holcim for €840 million (approximately $980 million) in cash as part of a strategic retreat from the region. The…
PERTH: Perenti Ltd. has agreed to sell its equipment rental and parts business, BTP, to Beetle Industries Pty Ltd. for $100 million, the mining services company announced Friday. The transaction, structured as a share sale, includes an $80 million cash payment at closing and…
MELBOURNE: EQT Holdings Ltd., the parent company of Equity Trustees, said Friday it has received an unsolicited takeover proposal from BGH Capital Pty Ltd. valued at 24.75 Australian dollars per share in cash. The indicative, non-binding proposal would acquire 100% of EQT’s outstanding…
PERTH: Noble Helium Limited announced Friday it has entered into a binding agreement to acquire Earth Source Hydrogen Limited, a move that significantly expands the company’s exploration portfolio into Western Australia’s Southern Carnarvon Basin. The all-share transaction will give Noble…
LONDON: AB Dynamics plc, a designer and supplier of testing products for the global transport market, announced it has acquired eMpulse Test Systems LLC, a Michigan-based manufacturer of advanced servoelectric test equipment. The initial cash consideration for the acquisition is…
SAN FRANCISCO: RockRose Risk, an insurance brokerage that rewards property owners for wildfire mitigation, has raised $12.5 million in a Series A funding round co-led by Crosslink Capital and Congruent Ventures, with participation from Nuveen Real Estate. The company plans…
CHICAGO: Oncourse Home Solutions, a national provider of home infrastructure warranties, announced that it has entered into a definitive agreement to be acquired by Genstar Capital from funds advised by Apax Partners LLP. The transaction is expected to close in…
SYDNEY: ClearView Wealth Limited announced Thursday that its acquisition by Zurich Financial Services Australia Limited has been implemented, finalizing the scheme of arrangement approved by shareholders and the New South Wales Supreme Court last month. Zurich is now the registered…
Pinewood.AI stockholders to receive £4.48 per share, with option to roll equity into private company LONDON: Private equity firm Ridgeview Partners LLC has agreed to acquire Pinewood Technologies Group PLC (Pinewood.AI) in a recommended cash deal valuing the automotive software provider at approximately…
LONDON: Gana Media Group plc announced that Lorenzo Caci has been appointed to the role of Chief Operating Officer for the Group. In this role Lorenzo will be responsible for overseeing the operation of all global business areas of the Group, directly supporting the CEO…