HANOI: Airwallex, a leading global payments and financial platform for growing businesses, has signed definitive agreements to acquire CTIN Pay, an Intermediary Payment Service (IPS) licensed company in Vietnam. The transaction is subject to the customary closing conditions. The acquisition expands Airwallex’s existing licenses across major Asia-Pacific (APAC) markets, including Australia, Singapore, Hong Kong, Malaysia, New Zealand,…
Jabil Inc. expands presence in India with new factory in Gujarat
GANDHINAGAR: Jabil Inc. (NYSE: JBL), a global leader in engineering, supply chain, and manufacturing solutions, announced today the opening of a new factory in Gujarat, marking its second facility in India. The expansion is part of a Memorandum of Understanding (MoU) signed in November 2024, aimed at exploring long-term goals, opportunities, and support with the state….
KKR to sell Seiyu to Trial Holdings
TOKYO: Leading global investment firm KKR and Japanese supermarket chain Seiyu have entered into definitive agreements to sell Seiyu to Trial Holdings, Inc., a prominent distribution and retail business operator in Japan. Trial operates a network of stores in Kyushu, providing “everyday essentials.” KKR acquired a 65% majority stake in Seiyu from Walmart in 2021, followed by…
Inszone Insurance Services announces merger with JKJ Benefits, LLC
WEATHERFORD: Inszone Insurance Services, a rapidly expanding national provider of commercial, personal, and benefits insurance, has announced a merger with JKJ Benefits, LLC, a respected employee benefits agency based in Weatherford, Texas. This strategic move enhances Inszone’s employee benefits division and strengthens its presence in Texas, enabling the company to offer more comprehensive insurance solutions to…
West Cobar Metals announces strategic gold exploration acquisition in Western Australia
SUBIACO: West Cobar Metals Limited (ASX: WC1) has announced the conditional acquisition of a highly prospective gold exploration tenement in the Fraser Range of Western Australia, marking a significant step in the company’s expansion into the region’s gold exploration sector. The company has entered into a binding agreement with IGO Limited to acquire a 100% interest in…
Albion Resources appoints Peter Goh as new CEO
SYDNEY: Albion Resources Limited (ASX: ALB) is pleased to announce the appointment of Mr. Peter Goh as its new Chief Executive Officer, effective 24 March 2025. Mr. Goh, a seasoned resources analyst and Chartered Accountant with over 17 years of industry experience, is expected to steer the company through its upcoming strategic developments. Mr. Goh…
Accenture acquires Altus Consulting to bolster financial services in the UK
LONDON: Accenture (NYSE: ACN) has announced the acquisition of Altus Consulting, a prominent player in consulting and digital transformation. This strategic move aims to enhance Accenture’s advisory and delivery services for the insurance, investments, and financial services sectors across the UK. Founded in 2005, Altus Consulting has established itself as a respected thought leader in the financial…
Accenture acquires Denmark-based AI firm Halfspace
NEW YORK: Accenture (NYSE: ACN) announced on Tuesday that it has acquired Halfspace, a Denmark-based AI company known for its award-winning solutions and products that help organizations leverage and scale artificial intelligence to make faster, more informed decisions. The acquisition aims to enhance Accenture’s AI capabilities and talent pool in the Nordic region and across…
Adventure Box Technology to acquire a portfolio of iGaming assets, Project Quantum
STOCKHOLM: Adventure Box Technology AB (STO: ADVBOX) announced a non-binding Letter of Intent (LOI) to acquire a portfolio of iGaming assets, including a leading marketing and affiliate company, Project Quantum. The acquisition marks Adventure Box’s entrance into the marketing and affiliate vertical, driving high-quality traffic to its casino brands while complementing its existing B2B offerings. The acquisition…
NOVA Chemicals Corp to be sold to ADNOC for $13.4 billion
LONDON: In a groundbreaking transaction, Nova Chemicals Holding GmbH, a subsidiary of Mubadala Investment Company’s MDGH, has entered into an agreement to sell its entire share capital in NOVA Chemicals Corporation to Abu Dhabi National Oil Company (ADNOC) PJSC. The deal, valued at a staggering $13.4 billion inclusive of debt, signifies a major strategic move…
BYD targets $5.2 billion through Hong Kong share sale amid expansion
HONG KONG: Chinese electric vehicle manufacturer BYD has launched a Hong Kong share sale to raise up to $5.2 billion, according to a term sheet reviewed by Reuters on Monday. The accelerated book-building process has set a price range of HK$333-HK$345 per share, reflecting an up to 8.4% discount from BYD’s closing price of HK$363.60….
Mountain West Utility Trailer acquires Utility Trailer Sales Company of Arizona
SALT LAKE CITY: Utility Trailer Manufacturing Company has announced that Mountain West Utility Trailer, Inc. has acquired Utility Trailer Sales Company of Arizona. Earlier this year, Mountain West Utility Trailer, Inc. was established when Utility Trailer Sales of Utah acquired Utility Trailer Sales of Idaho. The new dealer group is led by President and CEO…