LONDON: Athora Holding Ltd., a pan-European savings and retirement services provider, announced Thursday it will acquire Pension Insurance Corporation Group Ltd. (PICG), the parent company of Pension Insurance Corporation plc (PIC), for approximately £5.7 billion. According to a statement, the…
HONG KONG: Alibaba Group Holding Limited (NYSE: BABA; HKEX: 9988, 89988) on Thursday unveiled plans for a HK$12 billion offering of zero coupon exchangeable bonds, linked to the ordinary shares of Alibaba Health Information Technology Limited (HKEX: 00241). The private…
LAHORE: Pakistan’s pharmaceutical industry reached a historic high of 1.049 trillion rupees ($3.77 billion) in the first quarter of 2025, marking a 20.62% growth compared to the same period last year, according to a report by IQVIA. The industry’s compound…
TORONTO: Almonty Industries Inc., a global tungsten producer, has filed articles of amendment to consolidate its common shares, with the change set to take effect next week. The move is intended to facilitate a potential Nasdaq listing, a statement said….
PERTH: Santa Fe Minerals Ltd. said Thursday it has entered into binding agreements to acquire the Eburnea Gold Project in Côte d’Ivoire from Turaco Gold Ltd., marking a strategic move into West Africa’s gold-rich terrain. The acquisition comprises two tenements:…
CLONCURRY: Austral Resources Australia (ASX:AR1) has announced a transformative acquisition of Copper Resources Australia Pty Ltd, securing ownership of the Rocklands Copper Mine and its 3.0Mtpa processing facility in North-West Queensland. The binding agreement marks the first major milestone in…
LONDON: IntelliAM AI plc (AQSE: INT), a software company specializing in artificial intelligence and machine learning for manufacturing, has signed a formal agreement with U.S.-based Connection Technology Center Inc. (“CTC”) to co-develop advanced industrial sensing solutions, including dual-branded hardware. The…
LONDON: Coro Energy PLC, a renewable energy developer focused on Southeast Asia, has signed a memorandum of understanding with Threefold Energy Group Ltd to collaborate on advanced battery energy storage systems in commercial and industrial markets. The strategic partnership aims…
LONDON: Watches of Switzerland Group PLC announced record revenue for fiscal year 2025, fueled by strong second-half performance and expansion in the U.S. luxury watch and jewelry markets. The company reported £1.65 billion ($2.11 billion) in revenue for the 52 weeks ended…
LONDON: Mkango Resources Ltd. (AIM/TSX-V: MKA) announced Thursday that its subsidiary, Lancaster Exploration Limited, soon to be renamed Mkango Rare Earths Limited, has entered into a definitive merger agreement with Crown PropTech Acquisitions (OTC: CPTKW), a special purpose acquisition company…
LONDON: Chesnara plc announced Thursday it has agreed to acquire HSBC Life (UK) Limited from HSBC Bank plc for £260 million, in a transaction that marks the UK life insurer’s largest acquisition to date. The deal is expected to significantly…
LONDON: UK Oil & Gas PLC (AIM: UKOG) has agreed the sale of its 100%-owned subsidiary UKOG (GB) Limited to Servatec Holdings Limited for a cash consideration of £400,000. Servatec are the holding company of a widely utilised and respected…