SYDNEY, AUSTRALIA: Maas Group Holdings (ASX: MGH) has agreed to sell its current self-storage portfolio to National Storage REIT (ASX:NSR), the leading self-storage owner and operator in Australia. According to Australian Securities Exchange news, the portfolio includes 9 assets across NSW and ACT, with 4 completed and 5 partially completed properties. The deal also involves…
Orica to buy US sodium cyanide maker Cyanco for $640 million
SYDNEY, AUSTRALIA: Orica, the world’s largest provider of commercial explosives and blasting systems, has announced a deal to acquire Cyanco, a US-based leader in the manufacture and distribution of sodium cyanide, for US$640 million. Sodium cyanide is a key chemical used in the extraction of gold and other precious metals from ore. The acquisition of…
Austco Healthcare to acquire Amentco Enterprise for $10.6 million
SYDNEY, AUSTRALIA: Austco Healthcare Limited (ASX:AHC), a provider of advanced technology solutions for healthcare facilities, has announced that it has agreed to buy Amentco Enterprise Group Pty Ltd, a Queensland-based systems integrator specialising in communication and security systems for healthcare and aged-care sectors. According to a company announcement, the acquisition, which is subject to customary…
Investor Centre to acquire Onefocus Private Wealth
Investor Centre Limited (ICU), a financial services company, has announced that it has signed a Heads of Agreement with Onefocus Consolidated Pty Ltd, a diversified financial group, to acquire its subsidiary Onefocus Private Wealth Pty Ltd, which holds a retail Australian Financial Services Licence (AFSL). The acquisition is part of ICU’s strategy to re-enter the…
NexTier and Mars Bancorp complete merger to form Western Pennsylvania’s leading community bank
NexTier, Inc., the parent company of NexTier Bank, N.A., announced on Tuesday that it has successfully merged with Mars Bancorp, Inc., the owner of Mars Bank, as of February 16, 2024. The merger creates a combined entity with more than $2.7 billion in assets and 31 branches across seven counties in Pennsylvania, as well as…
Archer acquires Compliance.ai to boost AI-powered regulatory change management
Archer, an enterprise leader in providing a fully integrated risk management solution, today announced its acquisition of Compliance.ai, a leading provider of artificial intelligence (AI)-driven regulatory change management solutions. This acquisition will enable Archer clients to supplement their compliance initiatives with cutting-edge AI technology to automate monitoring, tracking, reporting, and responding to continually changing regulations…
Marsh McLennan to acquire two businesses; Querbes & Nelson and Louisiana Companies
Marsh McLennan Agency (MMA), a subsidiary of Marsh, has announced that it will acquire two of the oldest and largest insurance agencies in Louisiana, Querbes & Nelson (Q&N) and Louisiana Companies, in a move that will double its presence in the state. Q&N, based in Shreveport, was founded in 1914 and specializes in business insurance,…
Intel and Cadence join forces to boost AI, HPC and mobile computing
Intel Foundry Services (IFS) and Cadence Design Systems, Inc. have announced a multiyear strategic agreement to jointly develop a portfolio of key customized IP, optimized design flows and techniques for Intel 18A technology, which features advanced transistors and power delivery methods. The partnership aims to help customers accelerate their system-on-chip (SoC) projects and achieve optimal…
How to fund your women-owned business in 2024
Funding is one of the most important and challenging aspects of running a business, especially for women entrepreneurs. Despite the growing number of women-owned businesses in the world, there are still significant barriers and biases when it comes to fund your women-owned business. According to the Global Entrepreneurship Monitor, only 6.6% of women entrepreneurs received…
Web3 gaming studio, Crystal Fun, raises funding from KuCoin Ventures
Crystal Fun, a pioneering Web3 gaming studio, has secured funding from leading crypto exchange KuCoin Ventures. This strategic partnership aims to revolutionize the industry by: KuCoin Ventures sees immense potential in Web3 gaming’s ability to reshape entertainment. Their extensive resources and network, combined with Crystal Fun’s innovative approach, are expected to accelerate global adoption. This…
MIP Discovery raises £7 million to advance cell and gene therapy solutions
MIP Discovery, a biotechnology company that develops non-biological affinity reagents for cell and gene therapy applications, has secured a £7 million Series A funding round led by Mercia Ventures. The round also saw participation from existing investor Calculus Capital and Angel investors. The company plans to use the new capital to further commercialize its novel…
Capital One to buy Discover Financial Services in $35 billion deal, creating payments giant
Capital One Financial Corp. announced earlier that it has agreed to acquire Discover Financial Services in an all-stock transaction valued at $35.3 billion, creating a payments powerhouse that will serve over 100 million customers. Decoding Discover Financial Services (DFS): A Strategic SWOT Insight The deal, which is expected to close in late 2024 or early…