LONDON: Ikigai Ventures Limited (LSE: IKIV), a special purpose acquisition company targeting high-growth, scalable businesses, said Thursday it has entered into conditional, non-binding heads of terms to acquire Dotlines Global Plc and Audra Solutions Limited for approximately £67 million. The proposed acquisition, subject to due diligence and execution of definitive agreements, will be satisfied through…
Coral Bridge subsea cable links Egypt and Jordan, boosting regional digital infrastructure
AQABA: NaiTel, the telecom arm of Aqaba Digital Hub (ADH), and Telecom Egypt have completed the laying of the Coral Bridge subsea cable, the first direct digital link between Egypt and Jordan in more than 25 years. The 15-kilometer express cable, equipped with 48 fiber pairs, connects Taba, Egypt, to Aqaba, Jordan, across the Gulf…
Resource Minerals secures strategic foothold in Saudi Arabia with JV acquisition
PERTH: Resource Minerals International Ltd. (ASX:RMI) has acquired a 50% interest in a Saudi Arabian joint venture following the granting of the Shaib Marqan exploration licence, marking a significant expansion of its global mineral exploration portfolio. The licence, covering 91.8 square kilometers in the mineral-rich Ar Rayn Terrane, was granted on August 17 and is…
Community Management Holdings expands national footprint with acquisitions of HOAMCO and AMG
PHOENIX: Community Management Holdings (CMH) announced Thursday the acquisitions of HOAMCO, based in Phoenix, and Alamo Management Group (AMG), headquartered in San Antonio, marking a significant expansion of its national platform for community association management. The move follows CMH’s November 2024 acquisition of CCMC and brings the company’s reach to nearly 500,000 households across 1,000…
Symal Group acquires Locale Civil to expand utility infrastructure capabilities
MELBOURNE: Symal Group Ltd. (ASX: SYL) announced Thursday it has entered into a binding agreement to acquire 100% of Locale Civil Pty Ltd, a move aimed at strengthening its position in Australia’s utility civil infrastructure sector. The acquisition, valued at up to A$35 million, includes an upfront cash payment of A$29.3 million and a deferred…
Prospex Energy JV signs new gas sales agreement with Hera Trading for Italian production
LONDON: Prospex Energy plc (AIM: PXEN) said Thursday that its joint venture operating the Selva Malvezzi gas concession in northern Italy has signed a new 12-month gas sales agreement with Hera Trading S.r.l., a subsidiary of multi-utility giant Hera Group. The agreement, effective Oct. 1, 2025, will replace the current contract with BP Gas Marketing…
Robinson plc reports higher profit, maintains outlook amid strategic progress
Company reported a 157% increase in profit before tax to £1.8 million for the six months CHESTERFIELD: Robinson plc (LSE: RBN), a custom manufacturer of plastic and paperboard packaging, reported a 157% increase in profit before tax to £1.8 million for the six months ended June 30, 2025, as the company continued to execute its…
Premier Foods to acquire Merchant Gourmet in £48 million deal
LONDON: Premier Foods said Thursday it has agreed to acquire Merchant Gourmet, a premium brand known for healthy, ready-to-eat meals, in a £48 million ($61 million) deal aimed at accelerating its growth strategy. The acquisition, expected to close on Sept. 1, will see Premier Foods take full ownership of the brand, which specializes in microwaveable…
Stocks fall as tech slide deepens, Fed minutes signal inflation concerns
Dow Jones edges lower as tech rout deepens, Fed minutes stir rate cut debate Wall Street closed lower on Wednesday as investors pulled back from high-flying technology stocks for a second consecutive session, while digesting mixed retail earnings and the Federal Reserve’s latest meeting minutes. The Nasdaq Composite fell 1%, weighed down by steep losses…
Rosebank posts £33.2 million statutory loss in H1 amid ECI acquisition costs
LONDON: Rosebank Industries plc reported a statutory operating loss of £33.2 million for the six months ended June 30, 2025, driven by expenses related to its acquisition of ECI, which was finalized yesterday. The adjusted operating loss narrowed to £2.2 million, reflecting tighter control over head office costs. The company ended the period with £55.2…
Google unveils Pixel 10 Series, betting big on Gemini AI to challenge Apple and Samsung
The Pixel 10 family includes four models: Pixel 10 ($799), Pixel 10 Pro ($999), Pixel 10 Pro XL ($1,199), and Pixel 10 Pro Fold ($1,799) Google on Wednesday launched its Pixel 10 smartphone lineup, spotlighting its Gemini AI assistant as the tech giant intensifies its push to lead the next wave of intelligent mobile devices….
CSR to sell Badgerys Creek Property for A$575 million
SYDNEY: CSR Ltd. has entered into a binding agreement to sell its Badgerys Creek property, located adjacent to the new Western Sydney Airport, for A$575 million (approximately €320 million), the company announced Wednesday. The transaction is expected to close on Dec. 19, 2025, and marks a significant step in CSR’s ongoing property monetization strategy. The…