ASUS, a global leader in innovative and user-centric computing solutions, is excited to announce the launch of its latest ASUS Vivobook S 15 and ProArt PZ13 Copilot+ PCs, powered by the newly-announced Snapdragon® X Plus eight-core processor. These new devices mark a significant expansion of the ASUS Copilot+ PC series, bringing a breakthrough platform that…
Blackstone and CPP Investments agree to acquire AirTrunk at enterprise value of A$24bn
SYDNEY: Funds managed by Blackstone Real Estate Partners, Blackstone Infrastructure Partners, Blackstone Tactical Opportunities, and Blackstone’s private equity strategy for individual investors, along with the Canada Pension Plan Investment Board (CPP Investments), have entered into a definitive agreement to acquire AirTrunk, the leading Asia Pacific data center platform, from Macquarie Asset Management and the Public Sector Pension…
Good Life Plus signs partnership agreement with leading UK mobile network operator
LONDON: Good Life Plus Plc (AQSE: GDLF), a leading luxury prize draw and rewards innovator, announced a landmark distribution partnership agreement accessing one of the UK’s largest mobile network operators. The agreement will give access to the operator who is among the most prominent global telecom companies, with a strong presence across Europe, and is…
Smarttech247 announces new sales strategy and workforce investment
LONDON: Smarttech247 (AIM: S247), a multi-award-winning provider of AI-enhanced cybersecurity services providing automated managed detection and response for a portfolio of international clients, announced the launch of a new route to market strategy as part of its wider growth plans supported by an increase in headcount across its key geographical markets over the next 12 months. This…
Apax Global Alpha to invest €12m in Altus Fire & Life Safety
LONDON: Apax Global Alpha Limited (AGA), the closed-ended investment company providing access to the Apax Private Equity Funds, today announced that it expects to invest approximately €12m in Altus Fire & Life Safety on a look-through basis. On 3rd September 2024, Apax XI, in which AGA is a limited partner, announced an investment in Altus…
Orora Limited to sell Orora Packaging Solutions to Veritiv Corporation for an enterprise value of $1.2 billion
SYDNEY: Orora Limited has entered into a binding agreement to sell Orora Packaging Solutions (OPS) to Veritiv Corporation, an investee company of Clayton, Dubilier & Rice, LLC (CD&R) for an enterprise value of A$1.775 billion (US$1.2 billion) on a cash and debt-free basis. Veritiv’s offer fully values OPS and implies approximately 9.9x FY24A cash EBITDA, a premium…
SEGRO offers to acquire Tritax EuroBox for £552 million
LONDON: The boards of Tritax EuroBox and SEGRO plc have reached an agreement on the terms of a recommended all-share offer by SEGRO for the entire issued and to be issued share capital of Tritax EuroBox. Under the terms of the scheme, Tritax EuroBox shareholders will receive 0.0765 new SEGRO shares for each Tritax EuroBox share they hold. Additionally,…
FRP Advisory has acquired corporate finance firm, Williams Ali CF Limited
LONDON: FRP Advisory Group, a leading national specialist business advisory firm, announced the acquisition of Williams Ali CF Limited based in Newcastle which provides corporate finance services to clients both in the North East and nationwide. The firm’s two Directors and Founders, Abu Ali and Phil Williams, will join FRP as Partners. All other members of…
Climate tech company, GALY, raises $33 million in Series B financing
LONDON: Agronomics’ portfolio company GALY CO. has closed an oversubscribed US$ 33 million Series B financing led by Breakthrough Energy Ventures LLC, with additional participation from new investors H&M Group Ventures and Industria de Diseño Textil, S.A. (through Mundi Ventures). Founded in 2019 with a mission to find ethical and sustainable agricultural solutions, GALY Cotton is…
Petershill Partners has sold its entire stake in LMR Partners for $258 million
LONDON: Petershill Partners plc, the diversified, global alternatives investment group focused on private capital strategies, announced the sale of its stake in LMR Partners Petershill Partners has completed the sale of its entire stake in LMR Partners back to LMR Partners’ leadership team. The total nominal consideration of up to $258 million consists of $107…
Pinewood Technologies to invest USD 4.2 million in Seez App Holding
LONDON: Pinewood Technologies Group, a leading pure-play SaaS business providing innovative retail solutions to the automotive industry, has entered into an advance subscription agreement with Seez App Holding Ltd. Seez is one of the world’s leading automotive AI companies, and boasts a broad product portfolio built on market leading proprietary technology, which includes its AI Chatbot…
Caspian Sunrise sells MJF and South Yelemes Structures on the BNG contract area
LONDON: Caspian Sunrise Plc has entered into a conditional and binding term sheet with Absolute Resources LLP regarding the proposed disposal of the shallow MJF and South Yelemes Structures on the BNG contract area, which is located in the west of Kazakhstan, 40 kilometres southeast of Tengiz on the edge of the Mangistau Oblast, covering…