TORONTO – Almonty Industries Inc. (NASDAQ: ALM), a leading global producer of tungsten concentrate, said on Tuesday it will acquire the Gentung Browns Lake Tungsten Project in Beaverhead County, Montana, marking a strategic expansion into the U.S. market amid rising defense and manufacturing demand. The deal, valued at US$9.75 million, includes US$750,000 in cash and…
Australian miner Ragusa to take controlling stake in U.S. manganese-gold project
PERTH – Australian exploration company Ragusa Minerals Ltd (RAS.AX) said on Wednesday it has executed a binding deal to acquire a controlling interest in U.S.-listed Pegasus Tel Inc (PTEL) and its Purple Pansy manganese-gold project in Arizona, tapping into Washington’s push to boost domestic supply of critical minerals. Ragusa will pay $195,303 for a 60.09%…
FINDEX to launch certified medical data platform business in Japan
TOKYO — FINDEX Inc. (3649.T), a Japanese health tech firm listed on the JPX Prime Market, said on Wednesday it will launch a new Medical Data Platform Business on Nov. 1 after receiving certification from Japan’s Cabinet Office as a “Certified Medical Information Handling Business Operator” under the Next-Generation Medical Infrastructure Act. The new business…
Polygraf AI secures $9.5mn seed round to advance trustworthy, on-premise AI security
AUSTIN – Polygraf AI, based in Austin, Texas, announced the closing of their $9.5 million seed round led by Allegis Capital and participation from Alumni Ventures, DataPower VC, Domino Ventures and previous investors to accelerate their mission to bring clarity and trust to enterprise AI. The latest round of funding will fuel product expansion, R&D,…
Tokyo Gas targets early achievement of 2030 profit goals with ¥1.3 trillion investment plan
TOKYO — Tokyo Gas Co., Ltd. (9531.T) unveiled its FY2026–2028 Medium-term Management Plan on Wednesday, aiming to accelerate profit growth and achieve its Compass2030 profit target ahead of schedule through disciplined capital recycling and strategic investments totaling up to ¥1.3 trillion. The Japanese energy giant plans to generate ¥400 billion in free cash flow and…
Littelfuse to acquire Basler Electric in $350 million deal
CHICAGO — Littelfuse, Inc. (LFUS) announced Wednesday it has reached a definitive agreement to acquire Basler Electric Company, a privately held manufacturer of electrical control and protection solutions, for approximately $350 million in cash. The deal, subject to customary adjustments, aims to expand Littelfuse’s reach in high-growth industrial markets such as grid and utility infrastructure,…
Teradyne Q3 2025 revenue rises 4.3%, fueled by strong AI test demand
NORTH READING – Teradyne, Inc. (NASDAQ: TER) on Tuesday reported 4.34% YoY increase in revenue to $769 million for the third quarter of 2025 of which $606 million was in Semiconductor Test, $88 million in Product Test, and $75 million in Robotics. According to stock filing, GAAP net income for the third quarter of 2025…
Nvidia takes $1 billion stake in Nokia to collaborate on AI and 6G technology
HELSINKI — Nokia announced Tuesday that chipmaker Nvidia is acquiring a $1 billion stake in the Finnish networking company, a move that sent Nokia’s shares soaring and marks the latest in a series of strategic partnerships for the artificial intelligence giant. Under the deal, Nokia will issue more than 166 million new shares to Nvidia….
Celanese divests Micromax business to Element Solutions for $500 million
DALLAS – Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, has signed a definitive agreement to divest the Micromax portfolio of products to Element Solutions Inc (NYSE: ESI). Under the terms of the agreement, Celanese will receive approximately $500 million in cash, subject to adjustments. “The agreement to divest Micromax benefits Celanese…
B.P. Marsh to sell Stewart Specialty Risk stake to Ryan Specialty for up to $62 million
LONDON: British venture capital firm B.P. Marsh & Partners Plc (BPM.L) said on Tuesday it has agreed to sell its entire 28.2% stake in Canadian insurer Stewart Specialty Risk Underwriting Ltd. (SSRU) to Ryan Specialty Holdings Inc (RYAN.N) for a cash consideration that could reach up to 62 million Canadian dollars (£33.2 million). The initial…
US investor Long Path offers to takeover Idox Plc for £340 million
LONDON: British software firm Idox plc said on Tuesday it had agreed to a recommended cash acquisition by Frankel UK Bidco Limited, a vehicle indirectly owned by U.S. investment manager Long Path, valuing the company at approximately £339.5 million ($[Insert approximate USD equivalent]). Under the terms of the deal, Idox shareholders will receive 71.5 pence in…
Taiheiyo cement’s U.S. subsidiary to acquire California business of Vulcan Materials
LOS ANGELES: CalPortland Company, a major U.S. subsidiary of Japan’s Taiheiyo Cement Corporation, announced Monday it has reached an agreement to acquire the California ready-mixed concrete business assets of Vulcan Materials Company. The deal, pending regulatory approval and other standard closing conditions, is expected to be finalized by December 2025, according to a statement from…