LONDON: Sirius Real Estate, the leading owner and operator of branded business and industrial parks providing conventional space and flexible workspace in Germany and the U.K., has notarised the acquisition of a business park in Reinsberg in Saxony, Germany, for €20.4 million. The Reinsberg acquisition is 75% occupied, the majority of which is under a…
Vodafone commences €480 million share buyback program
LONDON: Vodafone Group Plc announced today the initiation of a share repurchase program worth up to €480 million. The program will involve the repurchase of ordinary shares, priced at US$0.20 each, on the London Stock Exchange and other trading platforms. The company has instructed Goldman Sachs International (GSI) to conduct the purchases from February 4,…
Getech announces sale of Nicholson House Headquarters
LONDON: Getech, a world-leading locator of subsurface resources, has announced the sale of its headquarters building, Nicholson House, for £725,000. The sale includes a non-refundable deposit of £72,500, with the completion of the transaction set for February 27, 2025. The company plans to use a portion of the net proceeds to repay its bridge loan…
FirstGroup plc has acquired Matthews Coach Hire Limited
LONDON: FirstGroup plc has acquired Matthews Coach Hire Limited, an independent, family-owned coach and bus operator in Ireland, founded in 1995. With a fleet of more than 40 vehicles that includes two newly-acquired electric coaches the business is built around the operation of six licensed, commercial routes between two key and rapidly growing commuter towns,…
AustChina to acquire Penwortham Exploration Pty Ltd
MELBOURNE: AustChina Holdings Limited has announced a binding agreement to acquire Penwortham Exploration Pty Ltd (PEN), securing a significant portfolio of gold-antimony and base metals exploration assets in north-west Tasmania. The agreement highlights two prominent projects: the high-grade Sulphide Creek Gold-Antimony Project and the Mersey VMS Base Metals, including copper and gold. Both projects are…
MFF Capital Investments Limited has acquired Montaka Global Investments Limited
SYDNEY: In a significant development, Montaka Global Investments Limited (Montaka) has announced its acquisition by MFF Capital Investments Limited (MFF Capital). This acquisition marks a major milestone in Montaka’s journey as it embarks on a new chapter with MFF Capital. Montaka has been recognized for its exceptional performance and commitment to delivering outstanding outcomes for…
ATLAS Space Operations partners with HawkEye 360 to enhance RF Monitoring Capabilities
MELBOURNE: ATLAS Space Operations® has secured a strategic partnership with HawkEye 360, the world’s leading space-based radio frequency (RF) data and analytics provider. This collaboration will enhance HawkEye 360’s RF monitoring capabilities by integrating ATLAS’ Mingenew, Australia, and Awarua, New Zealand ground stations into its existing ground network coverage. “Integrating the ATLAS ground stations in…
Dassault Systèmes unveils 3D UNIV+RSES
Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) announced the launch of “3D UNIV+RSES,” a generative AI technology that aims to transform global IP Lifecycle Management (IPLM). This innovative architecture will enable clients to fully utilize their 3D design, virtual twins, and PLM data in a premier digital environment. The “3D UNIV+RSES” will support new categories of…
Sanofi acquires 2.3% shares from L’Oréal in €3 billion buyback program
PARIS: Sanofi announced the acquisition of 2.3% of its shares from long-term shareholder L’Oréal as part of its share buyback program initiated on Jan. 30, 2025. The move aligns with Sanofi’s capital allocation strategy and commitment to sustainable value creation for shareholders. “L’Oréal has been a trusted shareholder and partner for decades, playing a key…
SeaBird Exploration and Energy Drilling announce merger to form leading offshore oil and gas services provider
OSLO: SeaBird Exploration Plc, a leading provider of marine seismic acquisition services, announced today that it has signed a letter of intent to merge with Energy Drilling Pte Ltd, a premier tender-assisted drilling provider, in a share-for-share acquisition. The combined company will be a diversified offshore oil and gas services provider with strong cash flows…
Mutares completes acquisition of Buderus Edelstahl
BERLIN: Mutares SE & Co. KGaA has finalized the acquisition of Buderus Edelstahl GmbH from voestalpine AG. The acquisition will enhance Mutares’ Engineering & Technology segment as a new platform investment. Founded in 1731, Buderus Edelstahl GmbH specializes in high-quality special steels, including tool steel, engineering steel, open-die forgings, closed-die forgings, hot-rolled strip, cold-rolled strip,…
Croma Security Solutions has acquired Meridian Securities System
LONDON: Croma Security Solutions Group plc (AIM:CSSG) has completed the acquisition of Meridian Securities System Limited, a well-established, family run locksmith business based in Horsforth, Leeds for a total cash consideration of £150,000, of which c.£135,000 is payable immediately, with a deferred element of c.£15,000 payable over the first 9 months. In a separate transaction,…