BRUSSELS: Kinepolis (Euronext: KIN) has reached an agreement to acquire the operations of the US movie theatre chain Emagine Entertainment. Kinepolis expects to complete the acquisition by the end of the year. As a result of this agreement, Kinepolis will add 14 cinemas to its portfolio, representing 177 screens and 18,000 seats, located in Michigan,…
Youtooz acquires UK brickset brand Microdesigns to expand into buildable collectibles
LONDON: Youtooz, the community-driven collectibles company, said on Wednesday it has acquired UK-based Microdesigns, a maker of premium brick-built display models of iconic venues and sports teams, marking its entry into the licensed sports goods category. The deal, whose financial terms were not disclosed, adds buildable collectibles to Youtooz’s product portfolio and strengthens its presence…
Hippocratic AI raises $126 million in Series C at $3.5 billion valuation
SAN FRANCISCO – Hippocratic AI, the global leader in safety-focused generative AI healthcare agents, today announced the close of its Series C financing, raising $126 million at a $3.5 billion valuation and bringing its total funding to $404 million. The funding was led by Avenir Growth, a leader in supporting category defining companies in generative…
Ripple acquires digital asset custody firm Palisade
SAN FRANCISCO – Ripple, a provider of cryptocurrency and enterprise blockchain solutions, said on Tuesday it has acquired digital asset wallet and custody company Palisade, a move aimed at significantly expanding its services for financial institutions and corporations entering the digital asset space. The acquisition will combine Ripple’s existing “bank-grade vault” for long-term storage with Palisade’s…
DXP Enterprises acquires Triangle Pump & Equipment
HOUSTON – Industrial distributor DXP Enterprises Inc said on Monday it has completed the acquisition of pump supplier Triangle Pump & Equipment Inc, a move aimed at expanding its geographic footprint and capabilities in the water and wastewater sector. DXP, which provides pumping solutions and other industrial equipment, funded the deal for Ridgefield, Washington-based Triangle…
Eli Lilly to build $3 bln Dutch plant to boost output of weight-loss pill
AMSTERDAM – Eli Lilly and Co (LLY.N) said on Monday it will invest $3 billion to build a new manufacturing plant in the Netherlands, expanding capacity for its experimental weight-loss pill orforglipron and other oral treatments as it races to meet soaring demand. The Indianapolis-based drugmaker is ramping up production of its key metabolic drugs,…
Kimberly-Clark to buy Kenvue in $48.7 billion deal, creating consumer goods giant
NEW YORK – Kimberly-Clark Corp said on Monday it has agreed to acquire consumer health company Kenvue in a cash-and-stock deal valued at $48.7 billion, a move that combines brands like Kleenex and Huggies with Band-Aid and Tylenol to create a consumer staples giant. The deal, one of the largest on Wall Street this year,…
Partners Group Private Equity to sell Clario to Thermo Fisher Scientific
LONDON: Partners Group Private Equity Limited (PGPE Ltd) announced Monday the sale of Clario, a leading provider of clinical trial data solutions, to Thermo Fisher Scientific. The transaction, subject to customary regulatory approvals, is expected to close by the end of the second quarter of 2026. Clario, headquartered in Philadelphia, is PGPE Ltd’s eighth-largest portfolio…
abrdn European Logistics sells three Polish warehouses for €84 million as wind-down advances
LONDON: abrdn European Logistics Income plc, a firm invested in European logistics real estate, announced Monday it has completed the sale of three multi-let warehouse estates in Poland for approximately €84 million. The assets, located in Krakow, Lodz and Warsaw, total more than 91,000 square meters of leasable area. The properties were constructed between 2018 and…
Intertek Group has acquired Suplilab
LONDON: Intertek Group plc, a leading Total Quality Assurance provider to industries worldwide, has acquired Suplilab, a market-leading provider of food safety and medical devices testing services, based in San José, Costa Rica. The Costa Rican economy is growing rapidly, creating a significant market for Risk-based Quality Assurance solutions that can cater to rising demand…
Ion Beam Applications S.A. has acquired PhantomX GmbH
LOUVAIN-LA-NEUVE – IBA (Ion Beam Applications S.A., EURONEXT), the world leader in particle accelerator technology and a world-leading provider of quality assurance (QA) solutions, today announced the acquisition of PhantomX GmbH, expanding IBA’s portfolio in healthcare diagnostics and therapeutic systems enabling artificial intelligence (AI) quality assurance. Founded in 2018 by Dr. Paul Jahnke and Dr….
Galilee Energy appoints Joseph Graham as CEO to drive growth strategy
BRISBANE – Galilee Energy Ltd (ASX: GLL) said on Monday it has appointed Joseph Graham as Chief Executive Officer, a newly created role aimed at strengthening operational and technical execution across its Queensland gas assets and future growth initiatives. Graham, who brings over 25 years of industry experience, previously served as CEO of Kato Energy…