LONDON: Mobico has reached an agreement to sell its North America School Bus business to global infrastructure investment firm I Squared Capital for an enterprise value of up to $608 million, the company announced Tuesday. The transaction, expected to close…
OSLO: Infront, a leading European provider of WealthTech software and market data, announced a 4% revenue increase to €133.8 million in its 2024 annual report, reflecting continued momentum in its long-term strategy. Adjusted EBITDA rose to €36.7 million, up from…
HONG KONG: Hong Kong Exchanges and Clearing Limited (HKEX) has contracted to acquire the top nine floors of One Exchange Square in Hong Kong as its permanent headquarters, Hongkong Land Holdings Limited announced Tuesday. The transaction, valued at HK$6.3 billion…
LONDON: Metals One (AIM: MET1), a company focused on advancing critical minerals projects, announced Wednesday that it has signed a binding term sheet for the conditional acquisition of uranium and vanadium exploration projects in the United States. The move marks the…
LONDON: Supermarket Income REIT (LSE: SUPR) announced a strategic joint venture with Blue Owl Capital, a U.S.-based alternative asset manager with over $250 billion in assets under management. The partnership aligns with SUPR’s strategy to recycle capital at favorable valuations…
LONDON: Pod Point’s board announced on Thursday that EDF Energy Customers Limited (EDF), which already owns about 53% of the company, has proposed to acquire the remaining issued and to-be-issued shares. EDF’s non-binding conditional proposal values the shares at 6.5…
LONDON: CVS, a leading UK-listed veterinary group, has announced the sale of its Crematoria operations to Anima Care UK Limited, a subsidiary of Anima Care Holding and part of the Funecap Group, a major European funeral services provider. The transaction,…
LONDON: Admiral Group plc has agreed to sell its U.S. motor insurance business, including Elephant Insurance Company and Elephant Insurance Services, to J.C. Flowers & Co., a private investment firm specializing in the financial services sector. The transaction, valued at…
Migrant workers in Canada are experiencing severe delays in processing their work permits and residency applications, leaving many without legal status, access to health care, or the right to work—forcing some into exploitative situations, according to interviews and government data…
PARIS: TotalEnergies announces the start of production from the deepwater Ballymore field offshore U.S., in which the Company has a 40% interest alongside operator Chevron (60%). Located 120 kilometers off the Louisiana coast and launched in May 2022, Ballymore has…
LONDON: DCC plc announced Monday it has agreed to sell its healthcare division to HealthCo Investment Limited, a subsidiary of funds managed by Investindustrial Advisors Limited. The deal values DCC Healthcare at £1.05 billion on a cash-free, debt-free basis. The…
MELBOURNE: Australian technology firm Iress Limited (ASX:IRE) announced Tuesday it has agreed to sell its European market data subsidiary, QuantHouse, to Vienna-based BAHA Tech Holding AG for €17.5 million (A$31.4 million) in cash. The deal, part of Iress’ strategic transformation…