SYDNEY: News Corporation announced Wednesday it has finalized the sale of Foxtel Group to DAZN Group Limited, marking a significant shift in its portfolio. The deal, approved by Australian regulators, includes a repayment of A$592 million in shareholder loans to News Corp and grants the company a 6% minority equity stake in DAZN. Andrew Cramer,…
Duke Capital invests £3.3 million in New Path Fire to support Elite acquisition
LONDON: Duke Capital Limited (AIM: DUKE) has announced a £3.3 million follow-on investment in New Path Fire and Security Limited to facilitate its acquisition of Elite Entrance Systems Ltd, a specialist in automatic door systems. This brings Duke’s total financing in New Path to £14.30 million, with Duke increasing its equity stake from 15.0% to…
Equipmake and CorPower Ocean sign development agreement to boost wave energy technology
LONDON: Equipmake, a leader in electrification technologies across the automotive and specialty vehicle industries, has signed a £650,000 development agreement with CorPower Ocean AB, a Swedish wave energy device developer. The collaboration marks a pivotal step in advancing wave energy technology. Under the agreement, Equipmake will design a generator and silicon carbide (SiC) inverter system…
Capital Limited signs mining services contract for Reko Diq Project Pakistan
LONDON: Capital Limited (LSE: CAPD), a leading mining services provider, announced the signing of a major mining services contract with Reko Diq Mining Pakistan Limited, operated by Barrick. This agreement marks a significant milestone for the development of the Reko Diq copper-gold project, one of the world’s largest and most cost-effective operations. The long-term contract,…
Grafton Group to acquire HSS Hire Ireland for €31.6 million
LONDON: Grafton Group plc, the international building materials distributor and DIY retailer, is pleased to announce that it has agreed to acquire the entire issued share capital of HSS Hire Ireland Limited from HSS Hire Group plc for total consideration of €31.6 million on a cash and debt free basis . The acquisition is subject…
Amcomri Group plc acquires EMC Elite Engineering Services Ltd
LONDON: Amcomri Group plc (AIM: AMCO), the United Kingdom-focused specialist in engineering services and industrial manufacturing, has successfully acquired EMC Elite Engineering Services Ltd (“EMC”), a niche provider of mechanical and electrical engineering services for power generation, process, and aggregate industries. The acquisition, finalized with an initial cash consideration of £2.5 million, marks a strategic…
Cambridge Nutritional Sciences appoints James Cooper as CEO
LONDON: Cambridge Nutritional Sciences plc (AIM: CNSL), the specialist medical diagnostics company focused on promoting a personalised and functional approach to health and nutrition, announced that Mr. James Cooper, currently serving as Interim Chief Executive Officer, has been offered the permanent role as the Chief Executive Officer of the Company, effective 31st March 2025. Following…
Spire Healthcare has acquired Acorn Occupational Health Limited
LONDON: Spire Healthcare, a leading independent healthcare group in the United Kingdom, has announced the acquisition of Acorn Occupational Health Limited (Acorn). Acorn, a national provider of Occupational Health Services Spire today announces the acquisition of Acorn for an initial consideration of £3.3 million. Acorn provides Occupational Health services to a wide range of corporate…
BlueBet completes TopSport acquisition
SYDNEY: BlueBet Holdings (ASX:BBT), trading as “betr,” announced Wednesday the successful completion of its acquisition of certain assets from Merlehan Bookmaking Pty Ltd, operating as TopSport. The deal, finalized overnight, included the seamless migration of TopSport customers to the betr platform. The transaction, which is expected to significantly boost earnings, brings betr closer to its…
Spectur Limited appoints Anthony Schmidt as permanent CEO
SYDNEY: Australian technology company Spectur Limited (ASX: SP3) announced Tuesday the appointment of Anthony Schmidt as its permanent chief executive officer, effective March 31. Schmidt had served as interim CEO for the past three months. Schmidt, who joined Spectur in January 2024 as general manager of process and operations, brings extensive experience in camera and…
Trump and Hut 8 launches American Bitcoin Corp
Hut 8 Corp., a leader in energy infrastructure integrating power and digital technologies, announced the launch of American Bitcoin Corp., a majority-owned subsidiary focused on industrial-scale Bitcoin mining and strategic Bitcoin reserve development. The new entity will operate as a standalone brand while remaining consolidated within Hut 8’s financial statements. The announcement follows Hut 8’s strategic contribution…
WT Financial forms joint venture with Merchant Wealth Partners
SYDNEY: WT Financial Group Limited (ASX: WTL), one of Australia’s largest financial adviser networks, has entered into a groundbreaking 50/50 joint venture with New York-based investment firm Merchant Wealth Partners. The partnership, operating under the newly formed entity WTL & MWP Investco Pty Ltd (Investco), aims to provide long-term growth capital and strategic support to…