HOUSTON – Spotlight Energy LLC said it has completed the acquisition of PathPoint Energy LLC, a natural gas trading and logistics firm, in a deal that strengthens its commercial platform across the United States and Canada. The transaction brings PathPoint’s team of schedulers, traders and senior leadership into Spotlight, enhancing its optimization capabilities and expanding…
Mips AB acquires Koroyd for up to €65 million
STOCKHOLM: Mips AB has signed an agreement to acquire all shares in Koroyd SARL and SCP George TFE (together “Koroyd”). Koroyd is based in Monaco and is a pioneer in the development of advanced impact protection technology for head and body safety, which is complementary to Mips’ technology. During the financial year 2024/2025, Koroyd had…
Marc Kazlauskas appointed as President of Norwegian Cruise Line
OSLO: Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) today named travel industry veteran Marc Kazlauskas as President of Norwegian Cruise Line (Norwegian), effective Jan. 19, 2026. He joins the company with more than 30 years of senior leadership experience across sales, operations, and innovation in the global travel industry. Kazlauskas most recently served as CEO…
Latour Industries AB has acquired Alstor AB, a provider of compact forestry machinery
STOCKHOLM: Investment AB Latour has, through its wholly-owned subsidiary Latour Industries AB, acquired 100 percent of the shares in Alstor AB. Alstor is a leading provider of compact forestry machinery for thinning and forest management with headquarters in Dingle, Sweden. The company was founded in 1998 by Lars Jansson, and the business is currently owned…
Teaching large language models to absorb new knowledge like human students
How SEAL Works: The Self-Learning Process From Static Models to Adaptive Learners Once fully trained and deployed, traditional LLMs have static “brains” that cannot permanently integrate new information. While they excel at in-context learning—temporarily using examples within a conversation—this knowledge disappears once the session ends, creating significant limitations for real-world applications where continuous learning is essential….
Ajax signs deal to acquire Brazil gold project from Appian
LONDON – Ajax (AQSE: AJAX), a UK-listed natural resources investment company, said on Thursday it has signed heads of terms to acquire Brazil’s Pereira Velho gold project from Appian Capital Advisory, one of the world’s largest mining-focused private equity groups. The deal will see Ajax acquire 100% of Pereira Velho Exploração S.A. (PVESA), which owns…
TITAN Group to buy Turkish cement firm Tragim for about $190 million
BRUSSELS: Belgium-based building materials giant TITAN Group said on Thursday it has agreed to acquire Tragim Cement in the greater Istanbul market for about $190 million, expanding its footprint in one of Turkey’s most dynamic construction regions. The deal for 100% of Tragim Çimento Sanayi ve Ticaret Anonim Şirketi includes a modern integrated cement plant…
FirstGroup acquires Tootbus UK Sightseeing Operations in £17 million deal to expand London and Bath footprint
LONDON: FirstGroup plc today announced that it has acquired the UK sightseeing bus operations of RATP Développement SA for a consideration of c.£17 million, to grow and diversify the First Bus business in two key markets. Currently operating under the brand Tootbus, the operations are based in London and Bath and comprise: In London, entering…
Ontex names Laurent Nielly as next CEO, succeeding Gustavo Calvo Paz in May 2026
AALST – The Board of Directors of Ontex (Euronext: ONTEX) has decided to appoint Mr. Laurent Nielly as Chief Executive Officer, effective as from the end of Mr. Gustavo Calvo Paz’s mandate as Chief Executive Officer at Ontex’s next annual shareholders’ meeting, on May 5, 2026. Since 2021, Mr. Nielly has been President of Ontex’s Europe Division,…
Intelligent Monitoring Group to acquire Tyco NZ and Red Wolf for NZ$45 mln
SYDNEY – Intelligent Monitoring Group Ltd (ASX: IMB) said on Thursday it has agreed to acquire New Zealand-based fire protection company Tyco NZ and security provider Red Wolf from Johnson Controls Luxembourg European Finance S.a.r.l for NZ$45 million in cash. The deal, expected to close by Feb. 28, 2026, will expand IMG’s footprint in New…
Starfighters Space secures SEC qualification ahead of planned NYSE American listing
NEW YORK: Starfighters Space, Inc., the aerospace company operating the world’s largest commercial supersonic aircraft fleet from NASA’s Kennedy Space Center, said on Thursday the U.S. Securities and Exchange Commission (SEC) has qualified its Post-Qualification Amendment to the Offering Statement. The company, which first received SEC qualification in September 2024, is seeking to raise up…
Sverica Capital sells Coastal Cloud to Tata Consultancy Services for $700 million
AUSTIN – Sverica Capital Management LP said on Thursday it has sold its Fund V portfolio company, Coastal Cloud Holdings LLC, to Tata Consultancy Services Ltd (TCS) in a deal valued at $700 million. The transaction marks the end of a five-year partnership between Sverica and Coastal, during which the Florida-based consultancy quadrupled in size…