PARIS: Entertainment conglomerate Banijay Group announced Monday it has signed a binding agreement to acquire a majority stake in Tipico Group and combine it with its existing Betclic business, a move that will create a European leader in sports betting and online gaming. The deal, which values Betclic at €4.8 billion and Tipico at €4.6 billion,…
Experian acquires KYC360 to strengthen financial crime compliance in UK and Ireland
LONDON: Experian, the global data and technology company, announced Tuesday it has acquired KYC360, a regulatory technology firm specializing in anti-financial crime solutions, in a move aimed at enhancing its fraud prevention and compliance capabilities across the UK and Ireland. The acquisition will integrate KYC360’s Customer Lifecycle Management (CLM) suite into Experian’s Ascend platform, enabling…
LegitScript acquires Kompliant to streamline compliance for payments industry
PORTLAND: LegitScript, a leader in merchant and product certification and monitoring, announced Tuesday the acquisition of Kompliant, a compliance orchestration platform for banks and financial services providers. The strategic acquisition combines LegitScript’s risk intelligence, which uses artificial intelligence and market data, with Kompliant’s automated compliance software. The move aims to address inefficiencies in how payments…
VSE Corporation to acquire MRO provider Aero 3 for $350 million
MIAMI – VSE Corporation (NASDAQ: VSEC), a leading provider of aviation aftermarket services, announced Monday it has signed a definitive agreement to acquire Aero 3, a global maintenance, repair and overhaul (MRO) provider for aircraft wheels and brakes, for $350 million in cash. The acquisition of Aero 3, a portfolio company of GenNx360 Capital Partners, significantly…
Taylor Corp. acquires print on demand firm Gooten Inc.
NORTH MANKATO — Taylor Corporation, a global print and communications company, announced Thursday it has acquired Gooten, Inc., a technology and fulfillment provider specializing in the print on demand market. The acquisition will combine Gooten’s OrderMesh technology platform and fulfillment network with Taylor’s national manufacturing footprint and global development expertise. Financial terms of the deal…
Flight Centre sells Asia-based hotel business Cross to South Korea’s Sono International
BRISBANE – Australia’s Flight Centre Travel Group Ltd (FLT.AX) said on Wednesday it has sold its Asia-based hotel management business, Cross Hotels and Resorts, to South Korea’s Sono International Co. Ltd. The divested business, which includes Cross Hotels and Resorts and PT Bespoke Hospitality Management Indonesia, manages a portfolio of 17 hotels across Thailand and Indonesia,…
EQT makes $45 per share takeover offer for Australia’s AUB Group
SYDNEY – Australian insurance intermediary AUB Group Ltd said on Wednesday it has received an unsolicited, non-binding proposal from private equity firm EQT to acquire the entire company for A$45.00 per share in cash. The indicative offer from EQT’s affiliated entity, Arbutus Pte. Ltd, values the ASX-200 listed company at a significant premium and follows…
Mercor reaches $10 billion valuation in $350mn Series C as AI data labeling heats up
SAN FRANCISCO – In a blockbuster funding round that underscores the ferocious demand for high-quality AI training data, startup Mercor announced Monday it has raised $350 million at a staggering $10 billion valuation, cementing its status as a major player in the burgeoning AI ecosystem. The Series C round, led by existing investor Felicis, represents a…
Air Liquide has acquired Indian industrial gas producer, NovaAir
PARIS: Air Liquide, a global leader in industrial and medical gases, has announced the acquisition of NovaAir, a prominent Indian industrial gas producer and supplier, from Asia-focused private equity firm PAG. This strategic acquisition marks a significant step in Air Liquide’s ongoing expansion in India, enhancing its presence in key industrial regions and sectors. Founded…
Citi and Coinbase to develop digital asset payment capabilities for institutional clients
NEW YORK: Citi and Coinbase announced intention to collaborate on digital asset payment capabilities for Citi’s institutional clients and explore additional global clients in the future, further solidifying both companies’ market leadership in payment solutions. The initial phase of their collaboration focuses on fiat pay-ins/pay-outs, supporting Coinbase’s on/off-ramps—the bridge between traditional fiat and digital asset…
Oman Tank and Royal Vopak to jointly establish energy storage, terminal infrastructure at Duqm
MUSCAT: Oman Tank Terminal Company (OTTCO), a subsidiary of OQ Group, and Royal Vopak, signed today a shareholder agreement to establish a new company in the Special Economic Zone at Duqm (SEZAD). The agreement, concluded during the Duqm Economic Forum 2025, reflects OQ’s continued commitment to expanding its investments in Duqm and supports national efforts…
Octopus Renewables Infrastructure Trust announces sale of interest in HYRO Energy Limited
LONDON: Octopus Renewables Infrastructure Trust plc, the diversified renewables infrastructure company, today announces it has completed the sale of its entire interest in HYRO Energy Limited (“HYRO”), a UK-based green hydrogen and e-fuels development platform, for a total expected consideration of £4.6 million, in line with the Company’s latest holding value of HYRO. ORIT’s 25%…