LONDON: MyHealthChecked PLC (AIM: MHC), the consumer home-testing healthcare company, announced that it has agreed the conditional sale of the Group’s trading subsidiary Concepta Diagnostics Limited to Boots UK Limited for a total consideration of £2.375 million. Concepta distributes and commercialises a range of at-home healthcare and wellness tests and has developed an accompanying proprietary…
GSK receives expanded Shingrix approval in China
BEIJING: GSK plc (LSE/NYSE: GSK) said Tuesday that China’s National Medical Products Administration has approved Shingrix, its recombinant zoster vaccine (RZV), for use in adults aged 18 and older who are at increased risk of shingles due to immunodeficiency or immunosuppression caused by disease or therapy. The approval marks the first shingles vaccine authorized in…
Anglo-Eastern Plantations signs agreement to acquire Admiral Potential Sdn Bhd
LONDON: Anglo-Eastern Plantations Plc, which owns, operates and develops plantations in Indonesia and Malaysia, announced that it has entered into a conditional subscription agreement to acquire Admiral Potential Sdn Bhd, which on completion will own 100% of PT Jaya Jadi Utama (“PT JJU”), an Indonesian plantation company. The Group is acquiring Admiral Potential from CB…
Malibu Life to acquire TruSpire Retirement Insurance for $45 million
LONDON: One month after its re-launch as an insurance holding company, Malibu Life Holdings Limited announced today that it has entered into a definitive agreement to acquire TruSpire Retirement Insurance Company. The acquisition will enable Malibu Life to enter the direct annuity issuance business as early as the first half of 2026. TruSpire, a wholly-owned…
Truetide plc sold entire shareholding in Kirkstall Limited
LONDON: Truetide plc (AIM: TRUE), the AIM-listed investment company, announced the sale of its entire shareholding in Kirkstall Limited to Imaging Biometrics Limited (IBAI), a Jersey-registered company in which Truetide currently holds a 29.35% interest. The transaction also includes the issuance of a convertible loan note (“CLN”) by IBAI to Truetide. Under the terms of…
Petershill Partners sold majority of its stake in Industry Ventures for $236.6 million
LONDON: Petershill Partners has entered into an agreement for the sale of the majority of its non-controlling equity stake in Industry Ventures. The sale arises from a full sale of Industry Ventures, led by its management team, to The Goldman Sachs Group, Inc. “Goldman Sachs” (NYSE: GS), as announced by Goldman Sachs after US market…
SRG Global to acquire marine infrastructure firm TAMS for $85 million
PERTH: SRG Global Ltd (ASX: SRG) announced Wednesday it has entered into a binding agreement to acquire 100% of Total AMS Pty Ltd (TAMS), a leading marine infrastructure services provider, for $85 million. The acquisition, structured on a cash-free, debt-free basis, is expected to be significantly accretive to SRG Global’s earnings. The deal implies a…
Aker ASA has acquired 9.3% stake in Nscale global; Launches sovereign AI venture in Norway
FORNEBU: Aker ASA has completed its subscription to shares in Nscale Global Holdings Ltd. as part of the company’s Series B financing round, securing a 9.3% stake on a fully diluted basis. In tandem, Aker and Nscale have closed a 50/50 joint venture to establish Aker Nscale, a new company focused on delivering secure, scalable…
HCLTech raises sales guidance on AI demand; Quarterly revenue reach $3.6 billion
NEW YORK: HCLTech Ltd., India’s third-largest software services exporter, raised its full-year sales forecast after quarterly revenue from advanced artificial intelligence solutions crossed $100 million, signaling a new phase of monetization for the technology. The company now expects constant-currency services revenue to grow 4% to 5% in the fiscal year through March 2026, up from…
ABB and NVIDIA collaborate to develop next-generation AI data centers
ZURICH: Swiss technology leader ABB announced today it is accelerating the development of gigawatt-scale data centers in a collaboration with U.S. chipmaker NVIDIA, focusing on the advanced power solutions required for soaring artificial intelligence (AI) workloads. The partnership will center on creating high-efficiency, scalable power delivery systems, specifically supporting NVIDIA’s planned introduction of an 800 VDC…
Tritax Big Box REIT to acquire £1 billion UK logistics portfolio from Blackstone
LONDON: Tritax Big Box REIT plc (BBOX) announced Monday it has agreed to acquire a £1.035 billion ($1.32 billion) portfolio of logistics properties from funds advised by Blackstone Europe LLP, a move that significantly expands its holdings in the high-demand UK logistics market. The acquisition, expected to close on or around Oct. 22, 2025, will…
Nexans appoints Julien Hueber as the new Chief Executive Officer
PARIS: Nexans announces that its Board of Directors has resolved to appoint Julien Hueber as the new Chief Executive Officer and to part ways with Christopher Guérin. These decisions will take effect immediately; Christopher will be available to Julien until October 31st 2025. The Board of Directors wishes to create a new momentum to further optimize performance while executing…