SoftBank Group announced Wednesday its $6.5 billion acquisition of Ampere Computing, a U.S.-based startup specializing in Arm-based server chips. The deal, set to close in the second half of 2025, will see Ampere operate as an independent subsidiary headquartered in Santa Clara, California. Carlyle Group and Oracle are selling their stakes in the startup, which employs 1,000…
Cleanaway to acquire Contract Resources to boost industrial services
MELBOURNE: Cleanaway Waste Management (ASX: CWY) announced on Thursday that it has agreed to acquire 100% of the shares of Contract Resources Group Pty Limited, a specialist provider of production-critical technical services for the oil and gas industry, for an enterprise value of $377 million. The acquisition, which is expected to be completed by late 2025 pending…
TPG Telecom gains ACCC approval for $5.25 billion asset sale to Vocus
SYDNEY: TPG Telecom Limited announced Thursday that the Australian Competition and Consumer Commission (ACCC) has granted approval for its $5.25 billion sale of fiber network infrastructure assets and Enterprise, Government, and Wholesale (EGW) fixed operations to Vocus Group Limited. The clearance marks a significant step in completing the transaction, TPG Telecom CEO Iñaki Berroeta said. “We…
Z Energy sells stake in Channel Infrastructure
SYDNEY: Ampol Limited (ASX:ALD) announced Thursday that its wholly owned subsidiary, Z Energy Limited, has reached an agreement to sell its 12.67% shareholding in Channel Infrastructure (NZX:CHI). The transaction, valued at approximately NZ$95 million, is part of Ampol’s ongoing efforts to optimize its capital structure. The sale will not affect existing commercial arrangements between Z Energy and…
CEOs of Canadian energy companies urge action to strengthen economic sovereignty
TORONTO: Fourteen CEOs from Canada’s largest pipeline and oil and natural gas companies have issued an open letter to federal political leaders, calling for urgent regulatory reforms to bolster the nation’s economic sovereignty through its energy sector. The letter, signed by leaders from the four largest pipeline companies and 10 major oil and gas firms,…
Miami International offers to acquire The International Stock Exchange Group for £22.50 per share
LONDON: MIH East Holdings, a subsidiary of Miami International Holdings (MIH), has announced a proposed acquisition of The International Stock Exchange Group Limited (TISE). The offer, set at £22.50 per share, seeks to acquire the entire issued and to be issued ordinary share capital of TISE, valuing the company at approximately £70.4 million. MIH’s growth…
Fiserv acquires CCV to expand clover platform in Europe
Fiserv Inc. (NYSE: FI), a global leader in payments and financial services technology, announced its acquisition of CCV, a payment solutions provider operating in the Netherlands, Belgium, and Germany. The move highlights Fiserv’s commitment to growth in the European market. Financial terms of the deal were not disclosed. Founded in Arnhem in 1958, CCV has been…
80 Mile PLC agrees to sell Finnish subsidiary to Metals One
LONDON: 80 Mile PLC, an exploration and development company listed on AIM, FSE, and the Pink Market, announced Wednesday that it has signed a binding agreement to sell FinnAust Mining Finland Oy, its wholly owned Finnish subsidiary, to Metals One Plc. The subsidiary holds licenses for the Hammaslahti Copper-Zinc Project and the Outokumpu Copper Project in Finland….
Dassault Systèmes invests in Click Therapeutics
PARIS: Dassault Systèmes, through its MEDIDATA brand, has deepened its collaboration with Click Therapeutics, investing in cutting-edge solutions to enhance patient engagement and real-world care. The partnership aims to set a gold standard for digital and pharmaceutical clinical trials, paving the way for advancements in Prescription Digital Therapeutics (PDTs) and Software-Enhanced (SE) products. MEDIDATA’s technology, which supports…
Frontgrade Technologies acquires defense solutions division of Crescend Technologies
Frontgrade Technologies, a leader in high-reliability electronic solutions for space and national security missions, announced Wednesday its acquisition of IDSI, LLC, the Defense Solutions division of Crescend Technologies, LLC. The move is set to enhance Frontgrade’s Radio Frequency (RF) amplifier capabilities for the aerospace and defense industries. IDSI, based in York, Pennsylvania, specializes in the design, development,…
T2S Solutions has acquired Blue Marble Communications
T2S Solutions, a provider of advanced technologies supporting U.S. defense and national security missions, announced Wednesday its acquisition of Blue Marble Communications, a company specializing in space-qualified communications and computing technologies. Blue Marble, founded in 2017 and based in San Diego, has become a critical player in the growing demand for satellite and spaceflight technology….
British consumers prioritize banking apps over local branches
LONDON: As the banking landscape evolves, British consumers are placing increasing value on mobile banking apps, according to the 2024 FICO Bank Customer Experience Survey. Three-quarters of respondents identified a high-quality phone app as the most important or second most important factor in their choice of primary banking services. In contrast, just 33% prioritized the availability…