Shiseido, a leading Japanese cosmetics company, has announced its plan to acquire Dr. Dennis Gross Skincare, a prestigious skincare brand founded by a dermatologist and a former skin cancer researcher. The deal, which is expected to close in the first quarter of 2024, will enhance Shiseido’s global portfolio of skin beauty brands and boost its…
Pyometra in Dogs: What You Need to Know
As loving companions and integral members of our families, dogs bring joy and fulfillment into our lives. However, just like any other living being, they can face health challenges, and one such condition that pet owners should be aware of is pyometra. This potentially life-threatening uterine infection affects unspayed female dogs, and understanding its causes,…
10 Reasons Why Your Business Needs a Strong Database
In today’s super-connected world, businesses, big or small, are driven by data. Having a strong database isn’t just a good idea; it’s a game-changer. This virtual storehouse holds all sorts of information about your business, customers, products, and more. Let’s dive into why having a robust database is absolutely essential: 1. Better Organization, Less Chaos…
Wellspring Worldwide offers to acquire Sopheon Plc for £115 million
Iops buyer inc., a wholly-owned subsidiary of Wellspring Worldwide Inc., has offered to takeover Sopheon Plc at the rate of £10 in cash per share. The acquisition values the entire issued and to be issued share capital of Sopheon at approximately £115 million. Sopheon is a leading provider of end-to-end innovation management software solutions, which…
Pakistan’s textile exports decline by 7% in November 2023
ISLAMABAD: Pakistan’s textile exports fell by 7% year-on-year in November 2023, according to the latest data released by the Pakistan Bureau of Statistics (IPBS). The total value of textile exports stood at US$1.3 billion, compared to US$1.4 billion in the same period last year. The drop was attributed to lower global prices and a challenging…
EnQuest sells 15% stake in Bressay field and FPSO to RockRose for £46 million
EnQuest, an independent energy company with subsidiaries in the UK North Sea and Malaysia, is happy to declare that it has agreed to sell a 15% stake in both the Bressay field and the EnQuest Producer FPSO to RockRose, a subsidiary of Viaro Energy. Both assets are located in the UK North Sea. The deal,…
ORIT proposes to merge with AERI to create a renewable energy giant
LONDON: ORIT, a renewable energy investment trust listed on the London Stock Exchange (LSE), has announced its intention to merge with Aquila European Renewables plc (AERI), another LSE-listed trust, to create one of the largest and most diversified renewable energy portfolios in Europe. The proposed merger would be carried out through a scheme of reconstruction…
Braveheart Investment sells Phasefocus to Bruker UK for £5 million
LONDON: Braveheart Investment Group, a technology-focused investor, has agreed to sell its 48.3% stake in Phasefocus Holdings Limited, a company that develops high-resolution imaging and microscopy systems, to Bruker UK Limited, a global leader in analytical instrumentation, for £5 million. The deal, which was signed on 21 December 2023, is expected to close in the…
H.I.G. Capital acquires North America’s largest concrete service provider, Penhall
H.I.G. Capital, a global alternative investment firm with $59 billion of capital under management, has acquired Penhall Company, the leading provider of specialty concrete services in North America. Penhall, founded in 1957, has over 40 branches and offers a variety of concrete solutions for commercial, residential, industrial, and infrastructure projects. H.I.G. plans to work with…
Luna Innovations acquires Silixa to boost fiber optic sensing market leadership
Luna Innovations Incorporated (NASDAQ: LUNA), a global leader in advanced fiber optic-based technology, has announced the strategic acquisition of Silixa, a UK-based leader in distributed fiber optic sensing solutions, for $21.5 million in cash and up to $16.5 million in earnouts. The deal, which was funded by White Hat Capital Partners’ strategic investment in Luna,…
Williston Financial Group’s MyHome acquires Volly
MyHome, a Williston Financial Group Company, announced the acquisition of Volly, a provider of technology and marketing services for banks, credit unions, and mortgage lenders. The deal will expand MyHome’s online closing and collaboration platform, which aims to streamline the real estate process and support homeownership professionals. Volly’s marketing automation suite and creative services team…
Hyperlink Ventures closes $32M fund to back software startups
Hyperlink Ventures, a new venture capital firm led by three former roommates and software investors, announced today the close of its first fund at $32 million. The fund will focus on Series A and Series B stage companies that are developing technology solutions to improve productivity for large enterprises and industries. The firm, founded earlier…