HOUSTON: Toyota is bringing the Tacoma home. The automaker announced Monday that it will pour $3.6 billion into its San Antonio, Texas manufacturing campus to relocate production of the popular midsize pickup from a plant in Tijuana, Mexico. A Major Expansion for San Antonio…
NEW YORK: Google has thrown its weight behind Proxima Fusion, a Germany-based startup aiming to build Europe’s first commercial fusion power plant, joining a 411 million euro ($468 million) funding round the company announced Tuesday. The investment pushes Proxima’s valuation to $2.7 billion and…
LONDON: Halma plc, the UK-listed group known for its life-saving technology businesses, has announced a deal to acquire Dreampath Diagnostics, a French company specializing in automated sample-tracking systems for pathology labs. What Dreampath Does Based in Strasbourg, Dreampath has built its reputation as…
LONDON: Kazera Global plc (AIM: KZG), the London-listed investment company, has announced a deal to expand its holdings in two key South African mining ventures, a move it says will streamline ownership and reinforce its commitment to local stakeholders. The company has…
LUXEMBOURG: ArcelorMittal announced today that Geert Van Poelvoorde, CEO of ArcelorMittal Europe and member of the Group Management Committee, will retire from his executive role at the end of July. He will transition to Chairman of the Board of ArcelorMittal Europe Steel, maintaining…
Swedish MEMS foundry giant secures Pennsylvania facility in strategic expansion STOCKHOLM: Silex Microsystems has officially signed a deal to buy a 200 mm integrated circuit fab in Pennsylvania from semiconductor company Onsemi. The purchase price is $40 million. A Bold Step Into American Manufacturing This…
Golf simulator company to join CNBC owner’s expanding sports and digital portfolio NEW YORK: Versant Media Group, the owner of cable networks CNBC, MS NOW and the Golf Channel, has agreed to acquire golf simulation company Full Swing from private equity firm Bruin…
AMSTERDAM: ING Group announced a strategic investment in its private banking capabilities Monday, acquiring approximately 40% of Singular Bank, a leading independent Spanish wealth manager. The transaction, which allows the Dutch banking giant to accelerate growth in private banking and wealth management in Spain,…
LONDON: ITV plc has reached an agreement to sell its Media and Entertainment business to Sky for a total consideration of up to £1.6 billion, the company announced Monday. The transaction, expected to complete in the second half of 2027, will unlock significant value…
SYDNEY: Stakk Limited (ASX: SKK) has announced a transformative US$63 million acquisition of U.S.-based ParaScript, a globally recognized leader in AI-powered document intelligence and fraud detection. The deal positions the combined entity to process more than 100 billion digital interactions annually, creating…
PONTPIERRE: La Française de l’Énergie (FDE), a low-carbon energy producer, has acquired Romerike Biogassanlegg AS (RBA), an operational renewable natural gas facility near Oslo, following a competitive bidding process launched by the City of Oslo. The €4.5 million all-equity transaction closed June…
LONDON: Genel Energy plc has agreed to acquire Capricorn Energy plc in a recommended all-cash transaction valued at approximately $360 million, the companies announced Thursday. Under the terms of the deal, Capricorn shareholders will receive $4.74 in cash for each share held,…