LONDON: Halma Plc (HLMA.L), the global group of life-saving technology companies, announced on Tuesday that it has acquired Brownline, a Netherlands-based provider of gyroscopic locating systems, for €150 million (approximately £129 million) in cash. The acquisition, funded from Halma’s existing facilities on a cash- and debt-free basis, is a strategic move to expand the company’s…
Bunzl expands global footprint with four strategic acquisitions across Spain, Mexico, Brazil, and Chile
LONDON: Bunzl plc, the specialist international distribution and services group, announced Tuesday the completion of four acquisitions, including two previously disclosed deals, as part of its ongoing global expansion strategy. In July, Bunzl finalized the acquisition of Quindesur, a Spanish distributor of foodservice and cleaning & hygiene products with a strong presence in Southern Spain….
Pilbara Minerals posts $196 million loss amid lithium price slump, maintains strong operational output
PERTH: Pilbara Minerals Ltd. (ASX: PLS) reported a statutory loss of A$196 million for the fiscal year ended June 30, 2025, as lithium prices fell sharply, eroding margins despite record production and sales volumes. Revenue dropped 39% to A$769 million, driven by a 43% decline in the average realised price of spodumene concentrate, the company…
Keurig Dr Pepper to acquire JDE Peet’s in €15.7 billion all-cash deal
Plans post-merger split into two public companies AMSTERDAM: Keurig Dr Pepper Inc (NASDAQ: KDP) said on Monday it will acquire Dutch coffee giant JDE Peet’s (EURONEXT: JDEP) in an all-cash transaction valued at €15.7 billion, marking a major consolidation in the global beverage industry. The deal will combine KDP’s Keurig® single-serve platform with JDE Peet’s…
IMDEX posts resilient FY25 earnings, advances digital strategy amid market headwinds
Group revenue rose 3% year-over-year to A$431 million, while reported EBITDA surged 15% to A$130 million PERTH: Mining technology firm IMDEX Ltd. reported resilient earnings and a record fourth-quarter revenue performance for the fiscal year ended June 30, 2025, underscoring its strategic pivot toward digital growth and high-margin technologies. Group revenue rose 3% year-over-year to…
K&S Corporation reports mixed FY2025 results amid strategic restructuring
The logistics and fuel trading company reported an underlying profit before tax of A$38.3 million, down 9.0% LAVERTON: K&S Corporation Ltd. (ASX: KSC) posted a statutory profit before tax of A$42.4 million for the fiscal year ended June 30, 2025, up 2.6% from the prior year, despite a 9.7% drop in operating revenue to A$744.8…
Decidr AI Industries acquires full ownership of Decidr.ai
SYDNEY: Decidr AI Industries Ltd. (ASX:DAI) announced Monday it will acquire the remaining 49% stake in Decidr.ai Pty Ltd, making the AI platform developer a wholly owned subsidiary. The transaction, which involves issuing 78.4 million DAI shares to Decidr Group Pty Ltd, marks a significant step in DAI’s strategy to consolidate its Agentic AI capabilities….
Apple eyes smart home expansion with new HomePod devices with screen in 2026
Apple Inc. is preparing to expand its smart home portfolio with the anticipated launch of a refreshed HomePod mini this fall and a screen-equipped HomePod model expected in 2026, according to sources familiar with the matter. The new lineup is expected to feature a dedicated home operating system, internally codenamed “Charismatic,” marking Apple’s first screen-centric…
BJ’s Wholesale Club reports Q2 earnings growth, raises full-year EPS outlook
Total revenue grew 3.4% to $5.38 billion, supported by a 9.0% increase in membership fee income MARLBOROUGH: BJ’s Wholesale Club Holdings (NYSE: BJ) reported higher earnings and revenue for the second quarter of fiscal 2025, driven by strong membership growth and improved merchandise margins, despite a slight decline in comparable club sales. For the thirteen…
Ubiquiti reports strong fiscal 2025 results, announces $500 million buyback program
Ubiquiti posted revenues of $759.2 million, up 14.3% sequentially NEW YORK: Ubiquiti Inc. (NYSE: UI) today reported robust financial results for the fourth quarter and full year ended June 30, 2025, driven by strong performance across its Enterprise Technology platform. For the fourth quarter, Ubiquiti posted revenues of $759.2 million, up 14.3% sequentially and 49.6%…
CIRCOR International to acquire Indian pump manufacturers Swelore and Hiro Nisha
BURLINGTON: CIRCOR International, Inc., a global manufacturer of flow control products and a KKR portfolio company, announced today that it has signed a definitive agreement to acquire Swelore Engineering Pvt. Ltd. and Hiro Nisha Systems Pvt. Ltd., two prominent Indian pump manufacturers. The acquisition aims to expand CIRCOR’s industrial product portfolio and strengthen its presence…
Tempus AI acquires Paige to accelerate oncology AI innovation
CHICAGO: Tempus AI, Inc. (NASDAQ: TEM), a leader in artificial intelligence-driven precision medicine, announced Friday it has acquired Paige, a digital pathology company known for pioneering FDA-cleared AI applications in cancer detection. The $81.25 million deal, primarily paid in Tempus common stock, positions Tempus to expand its oncology-focused dataset and technical capabilities. Founded in 2017,…