PARIS: Sword Group has strengthened its cybersecurity and artificial intelligence capabilities with the acquisition of iDelta, a specialist in observability data and cybersecurity solutions based in Edinburgh. The strategic move significantly enhances Sword’s presence in the financial services sector while expanding its expertise across multiple industries. Founded as a micro-company, iDelta specializes in delivering bespoke data and…
Pakistan grants provisional license to Starlink
Pakistan has granted a provisional license to Starlink, marking a significant step toward the satellite internet provider’s official launch in the country, Pakistan Telecommunication Authority (PTA) Chairman Hafeez Ur Rehman announced Monday. Rehman told reporters that the licensing process consists of multiple regulatory stages. Starlink has already registered with the Securities and Exchange Commission of…
Softcat plc acquires Oakland Group Services for £8 million
LONDON: Softcat plc (LSE: SCT.L), a leading UK provider of IT infrastructure products and services, today announced the acquisition of Oakland Group Services Ltd (‘Oakland’), a specialist provider of data and AI consultancy services. The acquisition of Oakland further strengthens Softcat’s ability to support customers at every stage of their data journey. Oakland’s specialist consultancy services range…
Abacus Storage King receives unsolicited takeover proposal
SYDNEY: Abacus Storage King confirmed Monday it received an unsolicited, non-binding proposal from a consortium comprising Ki Corporation Limited and U.S.-based Public Storage to acquire all outstanding stapled securities not already held by the group. The offer, valued at A$1.47 per security (minus post-proposal dividends), would leave Public Storage with a 50% stake in the…
Vulcan Energy completes acquisition of Geox GmbH
LANDAU: Vulcan Energy announced Monday the completion of its acquisition of geox GmbH, including geothermal wells, renewable energy assets and a lithium licence in Landau, Germany. The move consolidates the company’s Phase One upstream assets for its Lionheart Project. The €14.33 million deal, finalized with an initial payment of €3.3 million, replaces a prior joint…
Dai-ichi Life to acquire 15.1% stake in Challenger Limited at 53% premium
SYDNEY: Challenger Limited (ASX:CGF) announced today that Dai-ichi Life Holdings, Inc., through its Australian subsidiary TAL Dai-ichi Life Australia Pty Limited, has agreed to purchase a 15.1% minority stake in the company from MS&AD Insurance Group Holdings, Inc. The deal, priced at ¥763 per share (approximately A$8.46), represents a 53% premium to Challenger’s closing share…
Findi Limited completes acquisition of BankIT Services
SYDNEY: Findi Limited (ASX: FND), a digital payments and financial services provider, announced Tuesday that its majority-owned subsidiary, Transaction Solutions International (India) Pvt Ltd (TSI), has finalized the acquisition of BankIT Services Pvt. Ltd (BankIT). The A$30 million deal, with a gross transaction value of approximately A$3 billion, marks a key step in Findi’s strategy…
Smarttech247 secures £7 million cybersecurity contract with major London airport
LONDON: Smarttech247, a multi-award-winning provider of AI-enhanced cybersecurity services, has been appointed to a multi-year cybersecurity framework agreement with a major international airport in London, the company announced Monday. The agreement, which spans five years with a potential one-year extension, has a total estimated value of up to £7 million across all four suppliers involved….
Vinanz engages NY banker Dominari Securities for NASDAQ dual listing
LONDON: Vinanz Limited; the London Stock Exchange Main Market Listed Bitcoin company with US and Canadian Bitcoin operations, announces that it has engaged New York based Dominari Securities LLC, a wholly-owned subsidiary of Dominari Holdings Inc. (Nasdaq:DOMH), as its banker to work with the Company’s US lawyers at Lucosky Brookman LLP to seek a dual…
De La Rue moves forward with sale of Authentication Division
LONDON: De La Rue plc announced Monday that all conditions for the sale of its Authentication division to Crane NXT have been satisfied, finalizing a deal first proposed in October 2024. The British security printing company said its subsidiary, De La Rue Holdings Limited, has entered into a share purchase agreement with Crane NXT, a…
ATC Group acquires majority stake in Easy Life Entertainment
LONDON: The Board of All Things Considered Group (AQSE: ATC), an independent music company specializing in talent management, live bookings and merchandising, announced Monday the acquisition of a 75% majority interest in Easy Life Entertainment Limited, a UK-based music management and record label firm. The deal is valued at a net £0.75 million ($0.94 million)…
bp Chair Helge Lund announces intention to step down
bp today announced that the company’s board of directors has initiated a succession process to select a new Chair, after Helge Lund informed the board of his intention to step down in due course. The succession process is being led by Dame Amanda Blanc, in her capacity as Senior Independent Director, with support from the wider…