AMSTERDAM – Today, ABN AMRO Bank N.V. announces that it has reached agreement with Blackstone to acquire NIBC Bank. With the acquisition, ABN AMRO will add further scale to its retail banking activities, reinforcing its strong position in the Dutch market. Established in 1945, NIBC is a well-managed largely Dutch focused entrepreneurial bank specialised in…
Air Arabia posts record Q3 profit of AED 656 million, up 16%
SHARJAH — Air Arabia PJSC reported a record third-quarter net profit of AED 656 million, a 16% increase from the same period last year, driven by strong passenger demand and operational efficiency. Revenue for the quarter rose 14% to AED 2.04 billion, as the airline carried 5.9 million passengers across its hubs, up 16% year-on-year….
BHM Capital reports 41% jump in Q3 net profit on strong client growth
DUBAI – BHM Capital Financial Services P.S.C. announced strong financial results for the third quarter of 2025, driven by balanced performance across its business lines and significant growth in its client base. The company reported a 41.38% year-on-year increase in net profit, which rose to AED 38.6 million. Total income for the quarter reached AED 152.7…
Volt Group to acquire 4D Delta in $7.25 million deal to expand digital asset inspection capabilities
SYDNEY – Volt Group Ltd (ASX: VPR) said on Wednesday it will acquire Perth-based 4D Delta Pty Ltd, a profitable provider of digital asset inspection and condition monitoring technologies, in a deal valued at A$7.25 million. The acquisition, comprising equal parts cash and Volt shares, is expected to transform Volt into a more diversified technology-enabled…
Skylark Minerals acquires portfolio of gold projects in Côte d’Ivoire
PERTH – Skylark Minerals Limited (ASX: SKM) announced Tuesday it has agreed to acquire a portfolio of advanced gold assets in Côte d’Ivoire, West Africa, a move that establishes the company as an emerging gold explorer in the region. The acquisition, secured for a total consideration of approximately A$6.0 million, is centered on the Zaranou Project,…
SHAPE Australia acquires Arden Group in $25 million deal
SYDNEY — SHAPE Australia Corporation Limited (ASX: SHA) announced Wednesday it has entered into a binding agreement to acquire the business and assets of Arden Group, a national retail fitout and facilities maintenance specialist, for an upfront payment of $25 million. The acquisition, expected to complete by Dec. 31, 2025, includes two additional contingent earn-out payments…
SoftBank sells its entire stake in Nvidia for $5.83 billion
SoftBank said Tuesday it has sold its entire stake in U.S. chipmaker Nvidia for $5.83 billion as the Japanese giant looks to capitalize on its “all in” bet on ChatGPT maker OpenAI. The firm said in its earnings statement that it sold 32.1 million Nvidia shares in October. It also disclosed that it sold part of its T-Mobile stake for…
MedEvolve acquired by Emergence to accelerate AI-driven revenue cycle innovation
KANSAS CITY: MedEvolve, Inc., a leader in AI-powered revenue cycle automation and analytics, announced Wednesday its acquisition by Emergence, an enterprise backed by The Pritzker Organization. The strategic transaction merges MedEvolve’s Effective Intelligence® platform—which integrates workflow automation, analytics, benchmarks, and generative AI—with Emergence’s long-term investment philosophy and software expertise. The deal aims to scale MedEvolve’s…
Macquarie-led consortium to acquire majority stake in Potters Industries
NEW YORK: A consortium led by Macquarie Asset Management has agreed to buy a majority stake in Potters Industries LLC, a key supplier of glass materials for road safety, from private equity firm TJC L.P., the parties said on Tuesday. The transaction, which includes co-investors Australian pension fund UniSuper and global investment firm Partners Capital,…
Weir Group completes acquisition of Brazil-based mining software firm Fast2Mine
LONDON: UK engineering firm Weir Group PLC said on Tuesday it has finalized the acquisition of Fast2 Mine Tecnologia e Desenvolvimento de Sistemas Ltda, a Brazilian provider of mine management software, expanding its footprint in South America’s mining technology market. The deal, first announced on Sept. 23, 2025, will see Fast2Mine integrated into Weir’s Micromine…
MBS Global Investment acquires 18.12% stake in Ethtry Plc
LONDON: MBS Global Investment Co. L.L.C. has acquired 18.12% stake in Ethtry Plc (AQSE: ETHY), the UK-listed company advancing an Ethereum Treasury Policy for its investments in the development and operation of its commercial activities in the battery energy storage sector. Headquartered in Dubai, MBS is the investment arm of the Private Office of Sheikh…
Amazing AI to spin off digital asset unit to shareholders, appoints new adviser
LONDON: Fintech firm Amazing AI Plc (AQSE: AAI) said on Tuesday it would spin off 80.01% of its Mauritius-based subsidiary, which holds a digital asset treasury, to its existing shareholders as it looks to focus on its core online consumer loans business. The disposal of Amazing AI Services Ltd, for nil consideration, will see AAI shareholders…