SYDNEY: Catapult Sports Ltd (ASX:CAT), a global leader in sports performance technology, said on Monday it will acquire German soccer analytics firm IMPECT GmbH for up to €78 million (US$91 million), as part of a strategic push to expand its data-driven scouting and tactical analysis capabilities. The acquisition will be funded through a fully underwritten…
Beyond Paris and Tokyo: Chinese tourists fuel a Middle East travel boom
Move over, Bali. Step aside, London. Chinese travelers are embarking on a new adventure, and their destination of choice is surprising the tourism world: the Middle East. Spurred by easier visa rules, a flood of new direct flights, and a thirst for unique experiences, Chinese outbound travel to the region is exploding. Data from the recent…
AI Technology Group to acquire AVM Biotechnology
SEATTLE: AI Technology Group Inc. (OTCID: AIPG) said Friday it has filed an amended Form 10 with the U.S. Securities and Exchange Commission and signed a definitive agreement to acquire AVM Biotechnology Inc., a clinical-stage biopharmaceutical company developing a novel cancer therapy. Under the agreement dated July 31, 2025, a newly formed subsidiary of AI…
Bristol Myers Squibb signs deal to acquire Orbital Therapeutics for $1.5 billion
NEW YORK: Bristol Myers Squibb (NYSE: BMY, BMS) and Orbital Therapeutics have entered into a definitive agreement in which BMS will acquire Orbital, a privately held biotech firm at the forefront of developing next-generation RNA-based therapies. Orbital’s platform focuses on in vivo immune system reprogramming, offering highly targeted, adaptable treatments designed to address the intricate…
Pacgold aims for Q4 2025 gold production with acquisition of White Dam Project
SYDNEY: Australian gold exploration and development company Pacgold Limited (ASX: PGO) plans to recommence gold production at the newly acquired White Dam Gold Project by the fourth quarter of 2025, according to a company investor presentation. The acquisition of the South Australia-based project, located 50 kilometers west of Broken Hill, is central to Pacgold’s strategy…
Ardiden Limited to merge with Lac Gold, forming new Canadian gold explorer
SYDNEY: Ardiden Limited (ASX:ADV) announced on Oct. 10, 2025, that it has entered into a binding agreement to acquire Lac Gold Limited, consolidating the two companies to create a leading Canadian gold exploration and development company. The transformational merger will combine Ardiden’s Pickle Lake Gold Project in Ontario with Lac Gold’s advanced-stage Rouyn Gold Project…
AstraZeneca to begin $4.5 billion Virginia facility expands U.S. drug manufacturing
The manufacturing facility is expected to create 3,600 jobs WILMINGTON: AstraZeneca is investing $4.5 billion in its new manufacturing facility in Virginia, a proposed increase of $500 million to support the enhanced manufacturing capability of a broader range of medicines including cancer treatments. This is part of the historic $50 billion investment announced in July…
Novo Nordisk to buy Akero for up to $5.2 billion
COPENHAGEN: Danish drugmaker Novo Nordisk will acquire U.S.-based Akero Therapeutics (AKRO.O) for up to $5.2 billion, gaining a promising liver disease treatment in the first major deal by its new chief executive to bolster its pipeline. The acquisition of Akero and its lead drug candidate, efruxifermin, underscores CEO Mike Doustdar’s strategy to focus on highly effective…
Karatzis, METLEN forge joint venture for 330MW battery storage project in Greece
LONDON: Karatzis Group of Companies and METLEN (RIC: MTLN.L) have announced a strategic joint venture to develop a large-scale Battery Energy Storage System (BESS) in Thessaly, Greece. The project, designed to deliver 330 megawatts of power and 790 megawatt-hours of energy capacity, marks a significant step in bolstering Greece’s renewable energy infrastructure. Under the terms…
Apetit Plc to acquire Sweden’s largest frozen pea producer Foodhills AB
HELSINKI: Finnish food company Apetit Plc said on Thursday it has agreed to acquire Sweden-based frozen pea producer Foodhills AB, in a move aimed at strengthening its Nordic footprint and boosting its vegetable-based food operations. The deal, expected to close by Nov. 30 pending regulatory approval from Sweden’s Inspektionen för strategiska produkter (ISP), will see…
HSBC proposes HK$106 billion privatisation of Hang Seng Bank
LONDON: HSBC Holdings PLC has proposed to privatise its Hong Kong-based subsidiary Hang Seng Bank Ltd through a scheme of arrangement, offering HK$155 per share in cash for the 36.5% stake it does not already own. The deal values the transaction at approximately HK$106.1 billion (US$13.6 billion). The proposal, submitted by HSBC Asia Pacific, is…
Cloudbreak Discovery to acquire Crofton Gold Project
LONDON: Cloudbreak Discovery Plc (LSE: CDL), a London Stock Exchange Main Market listed company, has secured the exclusive option to acquire the Crofton Gold Project, located 120 kilometres east-southeast of famous Australian gold mining centre of Marble Bar and 75km northeast of the mining centre town of Nullagine in the Pilbara region of Western Australia. The…