SYDNEY, AUSTRALIA: CRH plc, a global building materials group, has agreed to acquire all the shares of Adbri Limited, an Australian cement and lime producer, that are not owned by Barro Group, a major shareholder of Adbri, for $3.20 per share in cash, an announcement on ASX noted. Scheme of Arrangement Approval for Proposed Adbri…
Salter Brothers-led Consortium to acquire Prospa in $0.45 per share deal
SYDNEY, AUSTRALIA: Prospa Group Limited (ASX: PGL), a leading online lender to small businesses in Australia and New Zealand, has announced that it has entered into a Scheme Implementation Deed with a Consortium led by the Salter Brothers Tech Fund, a private equity fund focused on technology investments, a company announcement noted. Under the terms…
Telix Pharmaceuticals to acquire IsoTherapeutics for upto $19m
MELBOURNE: Telix Pharmaceuticals Limited (ASX: TLX), a company developing targeted radiopharmaceuticals for cancer diagnosis and therapy, announced today that it has agreed to acquire IsoTherapeutics Group, LLC, a Texas-based firm that specializes in radiochemistry and bioconjugation. IsoTherapeutics, founded in 2005, is a commercial-stage company that offers development and contract manufacturing services to many players in…
THL Partners to buy Agiliti for $2.5 billion in cash
Private equity firm THL Partners has agreed to acquire healthcare technology company Agiliti in a deal that values the latter at $2.5 billion, the companies announced on Monday. Under the terms of the agreement, a subsidiary of THL will pay $10 per share in cash for all the outstanding shares of Agiliti that it does…
Sila Services acquires Ainsley Heating & Cooling
Sila Services, LLC, a leading home services platform, announced on Monday that it has acquired Ainsley Heating & Cooling, a market-leading home services company based in Cortland, Ohio. Ainsley Heating & Cooling, founded in 1976, has become the premier name in heating and cooling services for residential customers in Northeast Ohio and Western Pennsylvania. The…
How MillionaireMatch is Empowering Single Entrepreneurs with the MM Angel Fund
Are you a single entrepreneur with an innovative idea that needs funding? If so, you might be interested in the MM Angel Fund, a new initiative launched by MillionaireMatch, the world’s largest millionaire dating website. The MM Angel Fund is the first of its kind to target early-stage startups founded by singles. It aims to…
Ad-Shield raises $2M to help publishers recover ad revenue from adblock users
Ad-Shield, a startup that offers a next-gen adblock recovery solution, has closed a $2 million Pre-Series A funding round led by Shorooq Partners, with participation from existing investors Bass Investment and Hashed. The company, founded in 2023, helps publishers monetize their adblock users by protecting a minimal number of ads that are non-intrusive and respectful…
Hydrogen Utopia to buy bio-energy giant for £500m
LONDON, UK: Hydrogen Utopia International PLC (HUI), a company that converts waste plastic into hydrogen and other green fuels, has announced a deal to acquire a leading bio-energy company for £500m. The unnamed target company, which produces and sells biofuels and its bi-products, has revenues of over EUR 365m and profits of over EUR 40m,…
Saint-Gobain to buy Australian building products firm CSR for A$4.5bn
LONDON, UK: French construction giant Saint-Gobain announced on Wednesday that it has agreed to acquire CSR Limited, a leading Australian building products company, for A$9.00 per share in cash, valuing the deal at A$4.5 billion (c. €2.7bn). The acquisition will give Saint-Gobain a strong foothold in the attractive Australian construction market, which is driven by…
Honor MagicBook Pro 16: A Powerful Laptop with a Stunning Design
Honor has just launched its most powerful laptop yet, the MagicBook Pro 16. This laptop is not only a beast in terms of performance, but also a beauty in terms of design. Let’s take a closer look at what makes this laptop so special. Design and Display The MagicBook Pro 16 has a metal body…
Iliad to buy 19.8% stake in Tele2 from Kinnevik for $1.26 billion
French telecoms group Iliad, led by billionaire Xavier Niel, has agreed to buy a 19.8% stake in Swedish operator Tele2 from investment firm Kinnevik for 13 billion crowns ($1.26 billion), the companies said on Monday. The deal, which values Tele2 at a 13% premium to its closing price on Feb 23, will be completed in…
Cindrigo acquires 50-year lease on Finnish waste to energy plant
LONDON: Cindrigo (LSE:CINH), a renewable energy company, has announced that it has signed a Memorandum of Understanding (MOU) with Amtroy OÜ for the acquisition of a 50-year lease on a 110 MW waste to energy (WTE) plant in Kaipola, Finland. The plant, which was built by UPM Kymmene Corporation as part of its paper mill…