LONDON, UK: Wheaton Precious Metals and its wholly-owned subsidiary, Wheaton Precious Metals International have finalized a definitive agreement with entities advised by Orion Resource Partners to acquire existing streams related to Ivanhoe Mines’ Platreef Project and BMC Minerals’ Kudz Ze Kayah Project. Additionally, Wheaton International has entered into a new precious metals purchase agreement for…
Mars reaches agreement to acquire Hotel Chocolat for £534 million
LONDON, UK: The boards of directors of Hive Bidco Inc. and Hotel Chocolat Group plc reached agreement on the terms of a recommended cash acquisition, pursuant to which Bidco, a wholly-owned indirect subsidiary of Mars, Incorporated, will acquire Hotel Chocolat. Under the terms, each Hotel Chocolat shareholder will be entitled to receive 375 pence in…
Sonic Healthcare signs deal to acquire Pathology Watch for $130 million
SYDNEY, AUSTRALIA: Sonic Healthcare (ASX: SHL) has signed binding agreements to acquire Pathology Watch, a medical technology business headquartered in Salt Lake City, Utah, USA, which has developed and commercialised an integrated, end-to-end digital pathology platform for skin pathology (dermatopathology). Pathology Watch was recently named as part of the Inc. 500 fastest growing private companies…
Web3 Wallets and Personal Finance: Managing Investments and Budgets
Web3 wallets are a novel concept that is driving a transformative journey in personal finance during this fast-paced digital era. These cutting-edge wallets provide more than simply digital asset security; they hold the secret to opening up new possibilities for managing finances and investments. Take a fantastic journey with us as we explore the world…
Core & Main to buy Lee Supply Company, expanding its HDPE pipe business
Core & Main Inc. (NYSE: CNM), a leader in advancing reliable infrastructure with local service, nationwide, announced on Wednesday that it has agreed to acquire Lee Supply Company Inc. (Lee Supply), a leading specialty distributor and fabricator of high-density polyethylene (HDPE) pipe and other related services. Lee Supply, established in 1954, is a trusted supplier…
MCCi has acquired GovBuilt
FLORIDA: MCCi, a prominent business process automation company and a Century Park Capital Partners portfolio company, has successfully acquired GovBuilt. This acquisition aims to elevate citizen experiences through a unified, low-code/no-code case management platform designed explicitly for government agencies. The acquisition of GovBuilt comes hot on the heels of MCCi’s recent accolade as a GovTech100…
IMF and Pakistan Reach Agreement on First Review of Stand-By Arrangement, Unlocking Access to $700 Million
ISLAMABAD: The International Monetary Fund (IMF) and Pakistani authorities have reached a staff-level agreement on the first review under Pakistan’s Stand-By Arrangement (SBA). The agreement, subject to approval by the IMF’s Executive Board, will grant Pakistan access to SDR 528 million (approximately US$700 million). Led by Nathan Porter, an IMF team visited Islamabad from November…
Silver Bullet Data Services Group launches AI powered insights platform
LONDON: Silverbullet, a provider of digital transformation services and products, announced the launch of its 4D AI Powered Insights Platform based on the accumulated knowledge and client feedback from more than 100 campaigns in FY23. The 4D AI Insights Platform leverages AI models to combine proprietary 4D contextual intelligence with client first party data to…
Reckitt Chair Chris Sinclair will retire and step down
LONDON, UK: Reckitt Benckiser Group plc (Reckitt), a leading consumer health and hygiene company, has announced that its Chair, Chris Sinclair, will retire and step down from the Board after completing his full nine-year term. Sinclair will be succeeded by Sir Jeremy Darroch, the current Senior Independent Non-Executive Director, at the end of the Company’s…
Insig AI offloads subsidiaries, Sport in Schools and The Elms Group
LONDON, UK: Insig AI plc (AIM: INSG), the data science and machine learning group, announced the disposal of its legacy subsidiaries, Sport in Schools Limited and The Elms Group Limited for a total consideration of £500,000, as well as a new project win. On 14 November 2023, the company’s 85.87% owned subsidiary, Pantheon Leisure plc,…
Apax Global Alpha makes investment in Petvisor
LONDON, UK: Apax Global Alpha, the closed-ended investment company providing access to the Apax Private Equity Funds, today announced that it has invested approximately €3.2m in Petvisor on a look-through basis. On 14th November 2023, the Apax Digital Fund II (“ADF II”), in which AGA is a limited partner, announced that it had invested in…
Schroders Capital makes investment in AI company
LONDON, UK: Schroders Capital Global Innovation Trust has made an investment of $2.0 million (£1.7 million) into an early leader in an emerging segment of artificial intelligence (AI) software. The Company invested through its co-investment partner, MMC Ventures, via a single asset fund, MMC SPV 3 LP. Tim Creed, Lead Portfolio Manager, and Harry Raikes,…