Hut 8 Corp., a leader in energy infrastructure integrating power and digital technologies, announced the launch of American Bitcoin Corp., a majority-owned subsidiary focused on industrial-scale Bitcoin mining and strategic Bitcoin reserve development. The new entity will operate as a standalone brand while remaining consolidated within Hut 8’s financial statements. The announcement follows Hut 8’s strategic contribution…
WT Financial forms joint venture with Merchant Wealth Partners
SYDNEY: WT Financial Group Limited (ASX: WTL), one of Australia’s largest financial adviser networks, has entered into a groundbreaking 50/50 joint venture with New York-based investment firm Merchant Wealth Partners. The partnership, operating under the newly formed entity WTL & MWP Investco Pty Ltd (Investco), aims to provide long-term growth capital and strategic support to…
Infinity Lithium acquires high-grade gold projects in Australia
SUBIACO: Infinity Lithium Corporation Limited (ASX: INF) announced today the acquisition of four high-grade gold exploration projects in Victoria’s Lachlan Fold Belt through its purchase of Highland Resources Limited, a subsidiary of Jubilee Metals Limited. The acquired assets include the Cobungra, Mitta, Goodhope-Union, and Bindi projects, which feature underexplored, drill-ready targets with significant gold and silver potential….
EGL to acquire Advanced Boilers & Combustion Pty Ltd for $5.5 million
MOUNT WAVERLEY: The Environmental Group Limited (ASX: EGL) announced Monday it has agreed to acquire Australian industrial boiler service and manufacturing business Advanced Boilers & Combustion Pty Ltd for $5.5 million in cash. The deal is expected to close April 5. The acquisition expands EGL’s capabilities in the industrial boiler sector, adding Advanced’s expertise in…
White Energy acquires majority stake in Queensland Copper-Gold Project
BRISBANE: White Energy Company Limited (ASX: WEC) announced Monday it has secured a 51% majority interest in the Specimen Hill Project, a copper and gold exploration site near Biloela in Queensland, after meeting the first-stage funding commitment under its Farm-In Agreement with Signature Gold Pty Ltd. The company spent over $1 million on exploration within…
Southern Cross Electrical Engineering acquires Force Fire Holdings for $53.5 million
PERTH: Southern Cross Electrical Engineering Limited (ASX: SXE) announced Monday it has agreed to acquire Force Fire Holdings Pty Ltd, a leading provider of fire safety solutions in New South Wales and Queensland, for up to $53.5 million (AUD). The deal, expected to close April 1, includes an upfront payment of $36.3 million, with additional deferred and…
ITM Power and Deutsche Bahn sign agreement to advance green energy collaboration
LONDON: ITM Power and Deutsche Bahn AG (DB) have entered into an agreement to collaborate on sustainable transportation and infrastructure, focusing on green energies such as hydrogen and its derivatives. DB, one of Europe’s largest transportation companies and railway operators, aims to achieve climate neutrality by 2040. As part of its decarbonization strategy, DB plans to transition…
SSE Plc names Martin Pibworth as Chief Executive designate
LONDON: SSE plc has appointed Martin Pibworth as its next Chief Executive, set to formally assume the role following the company’s Annual General Meeting on July 17, 2025. The announcement follows current Chief Executive Alistair Phillips-Davies CBE’s decision to retire, which was announced in November 2024. Pibworth, who joined SSE in 1998, brings decades of experience to…
WH Smith sells UK High Street business for £76 million
LONDON: WH Smith PLC, a leading British retailer, has announced the sale of its UK High Street business to Modella Capital for an enterprise value of £76 million, creating a focused global travel retail enterprise. The transaction is expected to close by the end of the company’s fiscal year. The sale includes cash proceeds of £52…
Workato acquires DeepConverse to enhance AI-driven customer support solutions
Workato, a leader in enterprise orchestration, announced Thursday its acquisition of DeepConverse, a platform specializing in generative AI-based support automation. The purchase aims to strengthen Workato’s capabilities in AI-driven customer service automation. DeepConverse, founded in 2016, is known for its expertise in AI-powered search and customer support automation. By joining forces with Workato, the company seeks to…
Braze announces agreement to acquire OfferFit for $325 million
Braze Inc. (Nasdaq: BRZE), the leading customer engagement platform, has entered into a definitive agreement to acquire OfferFit, an AI decisioning company, in a deal worth $325 million. The transaction, announced Friday, remains subject to customary closing adjustments. AI decisioning agents, known for their ability to autonomously experiment, learn, and deliver personalized experiences, are at…
Corporate Travel Management CEO Greg McCarthy set to step down
SYDNEY: Corporate Travel Management (ASX: CTD) on Friday announced a leadership change for its Australia and New Zealand division, with current CEO Greg McCarthy set to step down on June 30, 2025. Jo Sully, a former General Manager and Regional Vice President for Asia-Pacific at American Express Global Business Travel, will succeed McCarthy. Sully will…