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…
Freddy’s acquired by Rhône-backed funds in strategic growth move
KANSAS CITY: Freddy’s Frozen Custard & Steakburgers, the fast-casual chain known for its made-to-order steakburgers and frozen custard treats, has been acquired by investment funds affiliated with global private equity firm Rhône. The transaction marks a transition from previous ownership under Thompson Street Capital Partners, a St. Louis-based middle-market investor. The Freddy’s brand, which operates…
Tullow Oil plc appoints Ian Perks as new CEO
LONDON: Tullow Oil plc (Tullow) announced the appointment of Ian Perks as Tullow’s new Chief Executive Officer (CEO). Ian will take up the role of CEO and join the Board on 15 September 2025. Following the appointment, Richard Miller, who is currently Chief Financial Officer (CFO) and Interim CEO, will return to his role as…
Brilliant NextGen secures $9.7 million in funding; Adds Tony Smalls to the Board
SAN FRANCISCO: Brilliant NextGen Inc., a leading innovator in smart home control technology, announced Friday it has closed a $9.7 million funding round backed by Almeida Strategic Investments and NFL quarterback Tyrod Taylor’s Strategic Investments Fund. The company also named Tony Smalls, CPA, CGMA, Partner at MGO and CEO of Smarthome Solutions LLC, to its…
Phreesia to acquire AccessOne for $160 million, expanding patient payment capabilities
NEW YORK: Phreesia Inc. (NYSE: PHR), a leading provider of patient activation solutions, said Thursday it has agreed to acquire AccessOne Parent Holdings Inc., a healthcare receivables financing firm, for $160 million in cash. The deal, expected to close in the third or early fourth quarter of Phreesia’s fiscal 2026, is subject to regulatory approvals…
Cadence to acquire Hexagon’s D&E Business for €2.7 billion
SAN JOSE: Cadence Design Systems Inc. (Nasdaq: CDNS) said Thursday it has agreed to acquire the Design & Engineering business of Hexagon AB, including its MSC Software unit, in a €2.7 billion deal aimed at accelerating Cadence’s Intelligent System Design™ strategy and expanding its footprint in the structural analysis market. Under the terms of the…