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…
Sidetrade signs deal to acquire EzyCollect, an order-to-cash management firm
PARIS: Sidetrade, a global leader in AI-powered Order-to-Cash applications, announces today that it has signed binding agreements to acquire 100% of the share capital of EzyCollect, a recognized player in Australia and New Zealand specializing in Order-to-Cash management for small and mid-sized businesses (SMBs). Already number one in Europe and among the top 3 leaders…
AstraZeneca, Trump ink deal to cut U.S. drug prices
LONDON: AstraZeneca today announced a historic agreement with President Donald J. Trump’s administration to lower the cost of prescription medicines for American patients while preserving America’s cutting-edge biopharmaceutical innovation. At a landmark event at the White House, AstraZeneca CEO Pascal Soriot joined President Trump and members of his Administration to confirm the Company voluntarily met…
PPHC files for proposed U.S. IPO, Nasdaq listing
LONDON: Public Policy Holding Company, Inc. a leading global strategic communications provider offering a comprehensive range of advisory services in the areas of Government Relations, Public Affairs and Corporate Communications, has publicly filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed public offering of its common…
Serica Energy to acquire entire BP’s stake in the UK Central North Sea licenses
LONDON: Serica Energy plc (AIM: SQZ) announced the signing of an agreement to acquire the entirety of BP’s stake in the P111 and P2544 licences, located in the UK Central North Sea. Completion is subject inter alia to the waiver of applicable pre-emption rights. The proposed acquisition comprises a 32% non-operated working interest in the…
Software Circle has acquired Broker Information Services Limited
LONDON: Software Circle plc (AIM: SFT) has acquired 100% of the issued share capital of Broker Information Services Limited, a provider of client management and quotation software for the financial broker market in Ireland. The total consideration of €8.25m will be satisfied in cash on a debt free/cash free basis. The acquisition is expected to…
Renew Holdings has acquired Emerald Power for £12.3 million
LONDON: Renew Holdings (AIM: RNWH), the leading Engineering Services Group supporting the maintenance and renewal of critical UK infrastructure, announced that its wholly owned subsidiary, Excalon Holdings Limited (“Excalon”), has acquired Emerald Power Ltd (“Emerald”) for a total consideration of up to £12.3m. Emerald Power, based in Cheshire, is a specialist in overhead lines, focused…
Ainsworth Game Technology CEO Harald Neumann steps down, COO named acting successor
LAS VEGAS: Ainsworth Game Technology Limited announced Thursday that CEO Harald Neumann has resigned effective immediately. The company’s board acknowledged Neumann’s contributions during his tenure. The board said it will begin a comprehensive search for a permanent CEO, considering both external and internal candidates. In the interim, Ryan Comstock, the company’s chief operating officer, based…
Elementos secures option to acquire 50% of Spanish tin smelter, Iberian Smelting SL
BRISBANE: Australia-based Elementos Ltd. (ASX: ELT) has signed binding agreements to acquire up to 50% of Iberian Smelting SL, owner of the Robledollano Tin Smelter in Extremadura, Spain, marking a strategic leap toward establishing the European Union’s only vertically integrated primary tin supply chain. The €3.625 million deal, structured as a five-year call option, positions…
IsoEnergy to acquire Australia’s Toro Energy in uranium sector consolidation move
PERTH: Canadian uranium developer IsoEnergy Ltd. has agreed to acquire Australian counterpart Toro Energy Ltd. in an all-share deal that aims to create a diversified uranium company with assets across top-tier mining jurisdictions, the companies announced on Sunday. Under the terms of the scheme implementation deed, Toro shareholders will receive 0.036 of an IsoEnergy common…