LONDON: Solvonis Therapeutics plc announced Monday it has entered into an arrangement agreement to acquire Awakn Life Sciences Corp. The acquisition involves all issued and outstanding common shares, restricted share units, and deferred share units of Awakn. Solvonis will issue approximately 2.07 billion new ordinary shares as consideration, valuing Awakn at around £4.98 million (CAN$8.89…
XPS Pensions Group agrees to acquire Polaris Actuaries and Consultants Limited
LONDON: XPS Pensions Group has entered into an agreement to acquire the entire issued share capital of Polaris Actuaries and Consultants Limited, a highly regarded UK insurance consultancy business with a blue chip client base. The acquisition will materially accelerate the Group’s strategy of becoming a leading player in the fragmented UK Insurance Consulting market. …
Prosus N.V. to acquire Just Eat Takeaway.com
AMSTERDAM: Prosus N.V. (AEX and JSE: PRX), a global technology company, announced today that it has reached a conditional agreement to acquire Just Eat Takeaway.com (AMS: TKWY). The acquisition aims to create the fourth largest food delivery group globally. Prosus plans to acquire Just Eat Takeaway.com’s entire issued share capital for €20.30 per share through…
Mayfield Childcare appoints Daniel Stone as new CEO
MELBOURNE: Mayfield Childcare Limited (ASX:MFD) announced Tuesday the appointment of Daniel Stone as its new Chief Executive Officer, effective April 8, 2025. Stone will succeed Ashok Naveinthiran, who is set to retire on March 10, 2025. Stone joins Mayfield from TheirCare Pty Ltd, where he served as Chief Operating Officer and Deputy CEO. During his…
Spenda executes sale agreement for Invoice Finance business
PERTH: Spenda Limited (ASX:SPX), an innovative software company providing software and electronic payment solutions, announced on February 24, 2025, that it has agreed to sell its Invoice Financing portfolio to Grapple Invoice Finance Fund Pty Ltd for $2 million, subject to portfolio performance. The sale will result in the release of $2.3 million in first-loss…
Teaminvest Private Group acquires 50% stake in Brodersen Systems Asia Pacific
SYDNEY: Teaminvest Private Group Limited (ASX:TIP) announced on February 24, 2025, that its subsidiary, Automation Group Investments Pty Ltd (AG), has acquired a 50% interest in Brodersen Systems Asia Pacific Pty Ltd (BSAP), the local importing subsidiary of Danish automation solutions provider Brodersen A/S. Founded in 1969, Brodersen is a market leader in remote telemetry…
Svava offers to buy Selfwealth for $0.28/share
SYDNEY: SelfWealth Ltd (ASX:SWF) announced Monday it has received a binding proposal from Svava Pte Ltd to acquire 100% of the shares in SelfWealth for $0.28 cash per share through a scheme of arrangement. The cash consideration under Svava’s proposal represents a 12% premium compared to the $0.25 per share offered in the proposed transaction…
RPMGlobal sells Advisory Division to SLR Consulting for A$63 million
SYDNEY: RPMGlobal Holdings Limited (ASX: RUL) has announced that it will sell its global Advisory division to SLR Consulting Australia Pty Ltd for AUD$63.0 million. The transaction, which will be paid in cash upon completion, is aimed at enabling RPM to focus solely on its Software business. The strategic decision to divest the Advisory business…
Carlyle and SK Capital Partners acquire bluebird bio
BOSTON: bluebird bio, Inc. (NASDAQ: BLUE) announced today that it has reached a definitive agreement to be acquired by funds managed by global investment firms Carlyle (NASDAQ: CG) and SK Capital Partners, LP, in collaboration with a team of biotech executives. The transaction will see David Meek, former CEO of Mirati Therapeutics and Ipsen, take over as…
Argan Inc. names Brian Orlandi as CEO of SMC Infrastructure Solutions
NEW YORK: Argan, Inc. (NYSE: AGX) announced the appointment of Brian Orlandi as the Chief Executive Officer of its subsidiary, SMC Infrastructure Solutions (SMCiS). Orlandi, who brings over 25 years of industry experience, is set to lead SMCiS through its next phase of growth and innovation. Orlandi previously held roles such as Vice President and…
Celsius Holdings to acquire Alani Nutrition for $1.8 billion
Celsius Holdings, Inc. (Nasdaq: CELH) has entered into a definitive agreement to acquire Alani Nutrition LLC for $1.8 billion, including $150 million in tax assets, resulting in a net purchase price of $1.65 billion in cash and stock. This acquisition merges two growing brands in the U.S. energy drink market, forming a leading functional lifestyle…
Consor Holdings LLC acquires Park Engineering
MIAMI: North America’s infrastructure engineering and consulting firm, Consor Holdings LLC, announced the acquisition of Park Engineering, a distinguished program and construction management (PM/CM) firm serving California public agencies. Park Engineering specializes in PM/CM services for infrastructure projects including roadways, bridges, water, and wastewater lines. “Park’s expertise and established relationships align perfectly with our vision…