BOSTON: Folia Health, a patient-driven health technology company, announced Thursday the close of a $10.5 million Series A funding round to expand its platform that transforms lived health experiences into structured data for research and personalized care. The round was led by S3 Ventures, with participation from existing investor Crosslink Capital and specialist fund Create…
Active Energy Group signs heads of terms for 300 MW UAE renewable infrastructure pipeline
ABU DHABI: Active Energy Group plc (AEG), a UK-based alternative energy company, announced Wednesday it has signed Heads of Terms with a third-party for the initial phase of its 300-megawatt renewable infrastructure pipeline in the United Arab Emirates. Construction has begun on the first 8 MW of capacity, with completion targeted for January 2026. AEG…
Victoria PLC CEO Philippe Hamers to step down
LONDON: Victoria PLC (LSE: VCP), the international flooring group, announced Tuesday that Group CEO Philippe Hamers has proposed stepping down from his role around mid-2026, following nearly nine years of leadership and the successful completion of the company’s refinancing initiatives. The announcement comes after Victoria secured a new £130 million super senior credit facility and…
TotalEnergies divests 50% of a 270 MW portfolio in France
PARIS: In line with its renewables business model, TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces the completion of the sale of 50% of a 270 MW wind and solar portfolio in France to investment funds managed by Eiffel investment Group. This transaction values the portfolio at €265 million. Following this transaction, TotalEnergies retains a 50% stake and…
Eesti Energia to consolidate electricity business under subsidiary Enefit
LONDON: Eesti Energia AS announces that starting from 2026, all electricity-related business activities – including retailsales, renewable energy production, energy trading and development, but excluding non-renewable electricity production and reserve power units – will be consolidated into one subsidiary – Enefit OÜ. The reorganisation aims to strengthen the Group’s competitiveness and improve management efficiency. The…
Upland Resources Limited signs asset acquisition agreement with Vanguard Drilling Limited
LONDON: Upland Resources Limited has signed an Asset Acquisition Agreement with Vanguard Drilling Limited (“Vanguard”) regarding the proposed acquisition of Vanguard’s proprietary intellectual property, advanced drilling management systems, and the integration of select senior personnel into Upland’s operational structure. This agreement represents a significant development in Upland’s evolution into a fully integrated, technically capable operator in Southeast…
Rapid7 establishes UAE entity and data localization in major regional expansion
DUBAI: Cybersecurity firm Rapid7 Inc. (NASDAQ: RPD) announced on Wednesday the launch of a local entity and a United Arab Emirates-based instance of its security platform, a strategic move underscoring its commitment to the Gulf region’s growing digital economy. The expansion, which includes a new office in Dubai, is a direct response to the UAE’s…
Sika AG acquires Marlon Tørmørtel A/S, a mortar manufacturer in Denmark
Sika AG has acquired Marlon Tørmørtel A/S, a mortar manufacturer in Denmark. The company is renowned for its strong product portfolio and its excellent customer service. The acquisition creates a growth platform for Sika in the Nordics, providing exciting opportunities for further market expansion and cross-selling with Sika’s complementary solutions. Marlon is a family-owned, high-performing…
CoinShares to acquire Bastion Asset Management to expand digital asset capabilities
LONDON: CoinShares International Limited, the leading European asset manager specializing in digital assets with US$10 billion in AuM, today announced the acquisition of Bastion Asset Management Limited, a London-based, FCA-regulated crypto-focused alternative investment manager. The acquisition significantly strengthens CoinShares’ actively managed capabilities, as the firm continues its evolution into a comprehensive digital asset management platform….
MidOcean Energy acquires 20% stake in PETRONAS’ Canadian LNG assets, securing key supply from LNG Canada
LONDON: MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has entered into definitive agreements to acquire a 20% interest in PETRONAS’ key entities in Canada. The transaction includes a 20% interest in the North Montney Upstream Joint Venture (“NMJV”),…
Zeta Global acquires Marigold’s Enterprise Software Business in $325 million deal
NEW YORK: Zeta Global (NYSE: ZETA), the AI Marketing Cloud, has entered into a definitive agreement with Marigold to acquire Marigold’s enterprise software business, including Marigold Loyalty, Cheetah Digital, Selligent, Sailthru, Liveclicker, and Grow. This acquisition advances four key levers of Zeta’s strategy, including: Expanding scale of Zeta’s enterprise customer base: Marigold’s enterprise software business…
Australia’s Pursuit Minerals to acquire Argentine gold project, raises $4 million
MELBOURNE: Australian miner Pursuit Minerals Ltd said on Tuesday it has agreed to acquire the Sascha Marcelina gold-silver project in Argentina’s prolific Deseado Massif region and has secured commitments to raise A$4.04 million ($2.7 million) to fund the deal and exploration. The company will buy 100% of Andara Mining Pty Ltd, which holds exclusive rights…