LEONORA: Legend Mining Limited announced Wednesday it has signed binding term sheets to acquire a 100% interest in the Pinnacle Well Project, located 25 kilometers (15.5 miles) north-northeast of Leonora in Western Australia’s mineral-rich Leonora district. The project, which covers…
WELLINGTON: Accounting software company Xero Ltd. said Wednesday it will acquire U.S.-based payments platform Melio for $2.5 billion in cash and stock, in a move aimed at significantly accelerating its North American growth strategy. The acquisition, announced alongside a fully…
LONDON: Tritax Big Box REIT PLC has agreed to acquire Warehouse REIT PLC in a recommended cash-and-share deal valued at approximately £485.2 million, the companies announced Tuesday. The acquisition, to be implemented via a scheme of arrangement under Part 26…
BOLOGNA Renold plc, a leading global supplier of industrial chains and power transmission products, has acquired Italian chain manufacturer Ognibene S.p.A. for €10 million in cash, the company announced Tuesday. The acquisition strengthens Renold’s presence in Southern Europe and expands…
LONDON: Brave Bison, a next-generation marketing and technology firm, has entered into a conditional binding agreement to acquire MiniMBA, a leading online marketing education platform, for £19 million ($24.1 million) in a deal that will significantly expand its training and…
SYDNEY: humm Group Limited (ASX: HUM) announced it received a non-binding indicative offer from The Abercrombie Group Pty Ltd (TAG) to acquire all outstanding shares of the company not already held by TAG and its associates. The offer, disclosed after…
KASSEL: SWARM Biotactics, a developer of insect-based bio-robotic systems, has raised €10 million ($10.7 million) in seed funding to scale its intelligent swarm technology for use in defense, security and emergency response missions. The latest round brings the German startup’s…
LONDON: Diversified Energy Company (LSE: DEC; NYSE: DEC) and global investment firm Carlyle (NASDAQ: CG) announced Tuesday a strategic partnership to invest up to $2 billion in existing U.S. natural gas and oil assets. The collaboration will combine Carlyle’s asset-backed…
LONDON: Hunting PLC (LSE: HTG), a precision engineering group, announced Monday it has acquired the entire issued share capital of Flexible Engineered Solutions (FES) Holdings Limited for £50 million in cash. The deal, completed on a cash-free, debt-free basis, includes customary…
PERTH: Rio Tinto and Hancock Prospecting will invest $1.61 billion to develop the Hope Downs 2 iron ore project in Western Australia’s Pilbara region, the companies announced. Rio Tinto’s share of the investment is $800 million. The project, which has received…
Dow, Nasdaq, and S&P 500 rebound as oil prices dip and investors eye July Fed rate cut Global markets on Monday appeared to shrug off rising tensions in the Middle East after the U.S. joined Israel in launching airstrikes on…
With Hormuz in jeopardy, flight paths shift and policymakers face new economic headaches Aviation networks across the Middle East are navigating a volatile new normal as U.S. illegal strikes on Iranian nuclear sites—and Tehran’s vow to retaliate—have triggered cascading disruptions…