LONDON: JD Sports Fashion Plc, a leading global retailer of sports, fashion, and outdoor brands, announced a pre-close trading update on Tuesday, covering the nine weeks ending Jan. 4, 2025. Despite market headwinds, CEO Régis Schultz reported a 3.4% increase…
Gamma completes acquisition of STARFACE LONDON: Gamma Communications has reached an agreement to acquire the entire issued share capital of SF Technologies Holding GmbH (STARFACE). STARFACE is being acquired, excluding transaction costs, for a cash payment of €196m (c.£165m) for…
LONDON: Eleco’s subsidiary Elecosoft Ltd has acquired 100% of the share capital of PMI Software Ltd (PEMAC) from principal seller Pemac Software Ltd for an initial consideration of c.€6.0m exclusively financed by the company’s own cash resources. The transaction terms…
AVIGNON: Hiphen and Aurea Imaging, leaders in remote sensing, computer vision, and AI for agriculture, announced a significant acquisition on Monday. Hiphen will acquire Aurea Imaging’s drone phenotyping operations, enhancing its position as a top provider of advanced drone image…
DUBAI: Drake and Scull International PJSC (DSI), a leader in mechanical, electrical, and plumbing (MEP) contracting services, as well as oil and gas, water, and wastewater treatment projects, has signed a strategic Memorandum of Understanding (MoU) with El Amar Group,…
DUBAI: In a strategic move poised to transform the financial landscape, Al Ansari Financial Services PJSC (DFM: ALANSARI) has announced a partnership with Abhi Middle East Limited, the largest embedded finance platform in the region, backed by Hub71 and the…
LONDON: Macfarlane Group PLC has announced the acquisition of The Pitreavie Group Limited for a maximum cash consideration of £18.0 million. This deal includes an earn-out of up to £4.0 million over two years, reflecting Macfarlane’s strategy to enhance its…
LONDON: GSK plc (LSE/NYSE: GSK) and IDRx Inc. have entered into an agreement under which GSK will acquire IDRx, a Boston-based, clinical-stage biopharmaceutical company dedicated to developing precision therapeutics for the treatment of GIST. Under the agreement, GSK will pay…
LONDON: DBAY Affiliates and the ERES IV Fund have agreed to acquire Alliance Pharma for 62.5 pence per share in cash, valuing Alliance at approximately £349.7 million on a fully diluted basis. Shareholders can opt for cash or exchange shares for loan…
LONDON: RTW Biotech Opportunities Ltd, a London Stock Exchange-listed investment company focusing on high-growth potential assets in the life sciences sector, has announced a new investment in Alesta Therapeutics. The Netherlands-based biotechnology firm, Alesta, is dedicated to developing novel oral…
LONDON: Victoria Property Holdings Limited, a subsidiary of the Martin Property Group, is proposing a cash offer to acquire Ground Rents Income Fund plc (GRIO) following the rejection of three previous offers. Victoria Property closely monitored GRIO over the past…
LONDON: Gemfields has become aware that a new statutory instrument in Zambia dated 30 December 2024 and which came into effect on 1 January 2025 (S.I. No. 88 of 2024, the Customs and Excise (Precious Stones) (Export Duty) (Suspension) (Revocation)…