PERTH: Alkane Resources Limited (ASX: ALK) and Mandalay Resources Corporation (TSX: MND) have agreed to merge in a deal that will create a mid-tier gold and antimony producer with operations in Australia and Sweden. The all-stock transaction, described as a “merger of equals,” is expected to close in the third quarter of 2025, pending shareholder…
80 Mile plc enters agreement for energy exploration in Greenland
LONDON: 80 Mile PLC, a mineral and energy exploration company with projects in Greenland and a biofuels plant in Italy, announced Monday that it has entered into a binding agreement with Texas-based March GL Company to fund stratigraphic research drilling at the Jameson industrial gas and liquids project in Greenland. Under the terms of the…
Hansen Technologies acquires key software assets from Germany’s CONUTI GmbH
SYDNEY: Hansen Technologies Ltd., a global software provider for the energy, utilities and communications sectors, announced Monday it has agreed to acquire strategic software assets from Germany’s CONUTI GmbH for up to 7.5 million euros ($13.4 million Australian). The deal, part of Hansen’s expansion strategy in the German and DACH regions, includes key applications such…
Petro Matad secures oil sales agreement for Block XX Ccude
LONDON: Petro Matad Limited, a publicly listed Mongolian oil company, has successfully inked an Oil Sales Agreement with PetroChina Daqing Tamsag, marking a key milestone in the commercialisation of Block XX crude oil production. The agreement, finalized on April 28, 2025, covers storage, processing, transport, and export arrangements for crude oil produced from Block XX.…
MHP now holds 91.77% of Grupo UVESA
LONDON: MHP, an international food and agriculture company, has successfully concluded the adherence period related to its Share Purchase Agreement (SPA) with Grupo UVESA, a leading poultry producer in Spain. With additional adherence deeds signed since March 20, 2025, MHP now holds 91.77% of UVESA’s share capital. Dr. John Rich, Executive Chairman of MHP’s Board…
Mobico to sell North America school bus business to I Squared Capital for up to $608 million
LONDON: Mobico has reached an agreement to sell its North America School Bus business to global infrastructure investment firm I Squared Capital for an enterprise value of up to $608 million, the company announced Tuesday. The transaction, expected to close in the third quarter of 2025, follows Mobico’s strategic review of its School Bus operations,…
Infront reports steady growth in 2024 amid strategic consolidation and ESG progress
OSLO: Infront, a leading European provider of WealthTech software and market data, announced a 4% revenue increase to €133.8 million in its 2024 annual report, reflecting continued momentum in its long-term strategy. Adjusted EBITDA rose to €36.7 million, up from €30.9 million in 2023, driven by streamlined operations and product integration. Financial Highlights CEO Zlatko…
HKEX to acquire top nine floors of One Exchange Square for new HQ
HONG KONG: Hong Kong Exchanges and Clearing Limited (HKEX) has contracted to acquire the top nine floors of One Exchange Square in Hong Kong as its permanent headquarters, Hongkong Land Holdings Limited announced Tuesday. The transaction, valued at HK$6.3 billion (US$810 million), also includes retail space on Levels 1 and 2, which will be transformed…
Metals One expands into U.S. critical minerals market with uranium and vanadium acquisitions
LONDON: Metals One (AIM: MET1), a company focused on advancing critical minerals projects, announced Wednesday that it has signed a binding term sheet for the conditional acquisition of uranium and vanadium exploration projects in the United States. The move marks the company’s first expansion into North America, securing a foothold in commodities considered essential for U.S.…
Supermarket Income REIT forms joint venture with Blue Owl Capital
LONDON: Supermarket Income REIT (LSE: SUPR) announced a strategic joint venture with Blue Owl Capital, a U.S.-based alternative asset manager with over $250 billion in assets under management. The partnership aligns with SUPR’s strategy to recycle capital at favorable valuations and expand earnings. The joint venture begins with a seed portfolio of eight high-yielding supermarket…
EDF Energy proposes buyout of remaining Pod Point’s shares
LONDON: Pod Point’s board announced on Thursday that EDF Energy Customers Limited (EDF), which already owns about 53% of the company, has proposed to acquire the remaining issued and to-be-issued shares. EDF’s non-binding conditional proposal values the shares at 6.5 pence each in cash, subject to limited due diligence. The potential offer comes amid a…
CVS sells Crematoria operations to Anima Care UK for £42.4 million
LONDON: CVS, a leading UK-listed veterinary group, has announced the sale of its Crematoria operations to Anima Care UK Limited, a subsidiary of Anima Care Holding and part of the Funecap Group, a major European funeral services provider. The transaction, valued at £42.4 million, represents a 10x multiple of the Crematoria’s adjusted EBITDA. The disposal…