NEW YORK: Cosette Pharmaceuticals, Inc., a U.S.-based pharmaceutical company, announced Thursday that it has entered into a definitive agreement to acquire all outstanding shares of Mayne Pharma Group Limited (ASX: MYX) for AUD $7.40 per share. The total consideration for the transaction is approximately USD $430 million. The Boards of Directors of both companies have…
CoStar Group offers to acquire Domain Holdings Australia for $4.2/share
SYDNEY: Domain Holdings Australia Limited [ASX:DHG] has received an unsolicited, non-binding indicative proposal from CoStar Group, Inc. to acquire 100% of the issued capital of Domain. The proposed acquisition would be executed through a scheme of arrangement, offering $4.20 per Domain share. CoStar has indicated that the proposed price of $4.20 per share will be…
Centrica signs Brazilian LNG supply agreement
LONDON: Centrica announces that it has entered into a major Sale and Purchase Agreement (“SPA”) with Petrobras, the leading Brazilian integrated oil & gas company. The contract provides for the purchase by Petrobras of 0.8 million tons per annum (MTPA) of LNG for 15 years, commencing in 2027. The agreement comprises approximately 30% of Centrica’s…
Motio Limited sells Spawtz software business for $1.35 million
SYDNEY: Motio Limited (ASX: MXO) announced on February 20, 2025, that it has entered into a binding agreement to sell its Spawtz software business for $1.35 million in cash. The sale allows Motio to maintain long-term, fee-free access to key media-related services while focusing on its core media business and reducing debt. The buyer is…
Riley parenting platform secures $3.1 million in seed funding
SAN FRANCISCO: Riley, an all-in-one parenting platform, has announced the successful completion of a $3.1 million seed funding round and the launch of its beta program for an app aimed at supporting early parenthood. The app combines AI technology and expert insights grounded in research to offer proactive and on-demand guidance for parents. The funding…
Lazard appoints Chris Miller as Managing Director in Power, Energy & Infrastructure
HOUSTON: Lazard, Inc. (NYSE: LAZ) announced Wednesday that Chris Miller has joined the firm as a Managing Director within the Power, Energy & Infrastructure Advisory business, based in Houston. In his new role, Miller will advise clients in the Energy industry, with a focus on Oil & Gas. “Chris brings a wealth of expertise and a proven…
ECO Animal Health sells non-core product lines
LONDON: ECO Animal Health Group plc (AIM: EAH), a global animal health company with a growing portfolio of veterinary products, announced the sale of non-core product lines to its South African distribution partner for £491,000. ECO, which focuses on disease treatment and prevention in pigs and poultry, sold ECOmectin licenses for use in sheep and…
Vinanz Limited orders first USA-made bitcoin miners from Auradine Inc.
LONDON: Vinanz Limited, a London Stock Exchange Main Board Listed Bitcoin mining company with operations in the U.S. and Canada, has announced its first-ever order of U.S.-made Bitcoin miners, manufactured and supplied by California-based Auradine Inc. The initial trial order consists of 20 Auradine AT2880 miners (220TH and 17.5 J/TH efficiency) to be installed at…
Pharos Energy sign merger MOU with Egyptian General Petroleum Corporation
LONDON: Pharo Energy plc, an independent energy company with operations in Vietnam and Egypt, announced on Wednesday the signing of a non-binding Memorandum of Understanding (MOU) with the Egyptian General Petroleum Corporation (EGPC). This MOU, in collaboration with IPR Lake Qarun Company (IPR), pertains to the merger of the El Fayum and North Beni Suef…
Equipmake announces development agreement with JCB
LONDON: Equipmake, a leading company in electrification technologies for the automotive, truck, bus, and specialty vehicle industries, announced Tuesday that it has signed a development agreement with British multinational manufacturer J.C. Bamford Excavators Limited (JCB). JCB is renowned for its construction, agriculture, waste handling, and demolition equipment. Under the agreement, Equipmake will leverage its expertise…
ENGIE announces divestment of assets in Kuwait and Bahrain to ACWA Power
PARIS: ENGIE, a leader in low-carbon energy, has announced the signing of a Sale and Purchase Agreement (SPA) to divest its shareholding in key assets in Kuwait and Bahrain to ACWA Power. This move aligns with ENGIE’s strategic commitment to achieve net zero by 2045. In Kuwait, ENGIE will divest its 17.5% share in Az…
Colgate-Palmolive to acquire Prime100 Pet Food brand
NEW YORK: Colgate-Palmolive Company (NYSE:CL) announced Wednesday its agreement to acquire Care TopCo Pty Ltd, the owner of the Prime100 pet food brand, as part of its growth strategy. This move will expand its Hill’s Pet Nutrition division into the fast-growing fresh pet food market while complementing its existing science-led, veterinarian-endorsed specialty diets and strengthening…