The company reported FY25 revenue of NZ$948 million, down 10.9% SYDNEY: Vulcan Steel Ltd (ASX/NZX: VSL) said on Tuesday it will acquire New Zealand-based Roofing Industries Ltd for NZ$88 million, marking its twelfth acquisition since 1995 and expanding its footprint into the steel roofing and cladding segment. The deal, which includes associated businesses Ribline Steel,…
Story-I to acquire LIT Energy in $8 million deal amid ASX delisting
PERTH: Story-I Ltd (ASX: SRY) announced Monday it has entered into a binding heads of agreement to acquire LIT Energy Network Australia Pty Ltd for AUD $8 million, marking a strategic pivot into electric mobility as the company prepares to delist from the Australian Securities Exchange. Under the proposed acquisition, 60% of the consideration will…
MTI Wireless Edge reports strong H1 2025 performance, driven by defence and 5G growth
The company posted an 8% rise in revenue to $24.1 million, up from $22.3 million in H1 2024 LONDON: MTI Wireless Edge Ltd (AIM: MWE), a leading provider of communication and radio frequency solutions, reported robust financial results for the six months ended June 30, 2025, with growth across all core divisions. The company posted…
Checkit plc narrows losses, boosts margins in H1 FY26 amid cost cuts and AI-driven efficiency
Annual Recurring Revenue (ARR) grew 3% to £14.0 million on a constant currency basis LONDON: Checkit plc (AIM: CKT), a provider of automated operational monitoring solutions, reported a significantly improved financial performance for the six months ended July 31, 2025, driven by cost reductions and increased use of artificial intelligence in product development. The company…
Halma acquires Brownline for €150 million to bolster infrastructure technology portfolio
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…