The Financial Conduct Authority (FCA) has today published the findings of its wholesale data market study, which examined competition in the markets for credit ratings data, benchmarks and market data vendor services. The regulator has ruled out a significant intervention…
LONDON: South32 Limited, a diversified mining company, has announced that it has agreed to sell its Illawarra Metallurgical Coal business in Australia to a consortium of Golden Energy and Resources Pte Ltd (GEAR) and M Resources Pty Ltd (M Resources)…
LONDON: VAALCO Energy, a Houston-based oil and gas company, has announced that it has signed a deal to acquire Svenska Petroleum Exploration AB, a Swedish E&P company with a stake in a deepwater field in West Africa. The deal, which…
Reliance Industries and Walt Disney have announced the merger of their India TV and streaming media businesses, creating an $8.5 billion entertainment giant that will dominate the market in the world’s second-most populous country. The deal will see Reliance, led…
Impact Environmental Group (IEG), a global provider of environmental products and services, has acquired Maxbox Supplies, a Texas-based manufacturer and distributor of spill prevention and containment products. The deal, which follows IEG’s acquisition of The Tarp Depot in 2023, strengthens…
Summit, a leading provider of virtual servers and cloud-based application hosting, has announced the acquisition of Deft, a provider of data center and managed cloud services. The deal combines two innovative and fast-growing companies that offer colocation, cloud, and network…
Brazil is a country that is not only rich in natural resources, but also in its commitment to sustainability and environmental, social and governance (ESG) practices. According to a recent report by Information Services Group (ISG), a leading global technology…
LONDON: National Bank of Canada announced its net income for the first quarter of 2024 was $922 million, up 5% from the same period last year. The bank attributed this growth to higher revenues in all of its business segments…
LONDON: Ageas, the Belgian insurer, has confirmed that it is in the preliminary stages of considering a possible offer to acquire Direct Line Insurance, the UK’s largest personal lines insurer, for £3.1 billion. The possible offer would consist of 100…
Accenture Song, the world’s largest tech-powered creative group, has agreed to acquire Mindcurv, a cloud-native digital experience and data analytics company based in Germany. The acquisition will expand Accenture Song’s commerce services for clients globally, as well as its capabilities…
SANDVIKA: Norconsult Norge AS, a subsidiary of Norconsult ASA, has acquired the Oslo-based planning and analysis company Concreto AS. The company operates mainly within buildings, infrastructure and urban planning. Concreto’s services primarily focus on economic analysis as a basis for…
PARIS: Tikehau Capital, a global alternative asset management group, and UOB-Kay Hian, a leading brokerage firm in Southeast Asia, have announced the launch of a new private credit fund for Asia Pacific. The fund aims to provide financing to mid-sized…