STOCKHOLM: Humble Group AB has agreed to sell its Portuguese subsidiary Fancystage, part of the company’s Sustainable Care business area, in a move that will trigger significant goodwill impairments but is expected to improve the group’s overall profitability going forward. The Deal Humble…
EAGAN: Tavoron, a national provider of industrial automation, robotics, compressed air and motion control solutions, has acquired Fluidraulics Inc., a Pennsylvania- and Ohio-based automation component and systems distributor that has operated since 1967, the companies announced. The deal expands Tavoron’s motion control…
ALPHARETTA: Stryten Energy LLC has agreed to acquire C&D Technologies, Inc. and Trojan Battery Company, LLC — together known as C&D Trojan — in a deal aimed at building one of the most comprehensive energy storage platforms in the industry. The two companies…
LONDON: AstraZeneca has signed an exclusive global licensing agreement for Zegfrovy (sunvozertinib), a novel oral EGFR inhibitor for lung cancer patients with exon 20 insertion mutations. In a landmark deal valued at up to $1.5 billion, AstraZeneca has entered into an exclusive…
PERTH: Genesis Minerals Ltd. and Vault Minerals Ltd. announced Tuesday they have entered into a binding agreement to merge, creating Australia’s third-largest gold producer in a deal valued at approximately $12.6 billion. The merger comes after rival bidder Regis Resources Ltd. withdrew…
FRANKFURT: German defense startup Helsing announced Monday that it closed a $1.8 billion funding round, pushing its valuation to $18 billion — a striking marker of investor appetite for European defense technology. The round drew both new and returning backers, including JPMorgan Chase…
LONDON: In a bold move that could reshape the global coatings industry, Nippon Paint has confirmed it submitted a €7.5 billion ($8.55 billion) offer to acquire AkzoNobel’s decorative paints business. The unsolicited bid, announced Monday, comes just months after a much larger…
LONDON: Mastercard is exploring the sale of a majority stake in its U.K. payments subsidiary Vocalink back to British banks, the Financial Times reported Monday, as the company responds to concerns about a critical national infrastructure asset being under U.S. ownership. Vocalink…
Response to announcement by Brave Bison Group plc Possible cash-and-share offer values System1 at 327 pence per share, representing a 65% premium to the undisturbed share price LONDON: Brave Bison Group plc, the next-generation marketing and technology partner for global brands,…
LONDON: The Rank Group Plc has appointed Richard Harris as chief executive officer effective immediately, following a six-month stint as interim CEO, a statement said. Harris, who joined the company as chief financial officer in May 2022, was selected after an extensive executive search…
ADELAIDE: Mayfield Group Holdings Ltd. has entered into a binding agreement to acquire the Switchboards Division of Nilsen (SA) Pty Ltd for $4 million in cash, the company announced Monday. The acquisition includes the N-Series product line and associated intellectual property,…
Warren Buffett’s conglomerate trims its deficit with a strong June, but tech-fueled markets keep the S&P 500 firmly in the lead. As the calendar flips past the midpoint of 2026, Berkshire Hathaway is showing signs of life—but the numbers still tell…