Axway, a global software company, announced today that it has entered into exclusive discussions to acquire most of the activities of Sopra Banking Software (SBS), a subsidiary of Sopra Steria Group and a provider of banking and financial software. The…
Choosing the right technology and business services providers can be a daunting task, especially in a fast-changing and competitive market. You want to work with providers that can deliver high-quality services, meet your expectations, and help you achieve your goals….
Orkes, a company that provides a fast and easy way to scale distributed systems, has secured $20 million in a funding round led by Nexus Venture Partners. The company, which launched in 2022 and raised $9.3 million in its previous…
Ibex Investors, a US-based investment firm that invests in Israeli startups from pre-seed to pre-IPO, announced today the close of its fourth Israel focused fund, Ibex Israel VC II LP, with $106 million in capital commitments. The new fund follows…
LONDON, UK: Chamberlin plc, the specialist castings and engineering group, has entered into an agreement for the conditional sale of Petrel Limited to Project Apollo Limited, a subsidiary of Longacre Group, for a total cash consideration of £3 million. The…
Pakistan’s auto industry is facing a crisis as the government plans to increase the goods and services tax (GST) on small size sedans from 17% to 25%. This move could have disastrous consequences for the economy, the consumers, and the…
Saint-Gobain, the global leader in light and sustainable construction, has made a non-binding offer to acquire CSR Limited, a leading Australian building materials company, for A$9 per share in cash, valuing the deal at around A$3.5 billion. The offer is…
PARIS, FRANCE: Airbus and TotalEnergies have announced a strategic partnership to develop and supply sustainable aviation fuels (SAF) for the aviation industry. The partnership aims to help achieve net carbon neutrality of aviation by 2050, by reducing CO2 emissions up…
LONDON, UK: BT Group has agreed to the sale of the BT Tower for £275 million to MCR Hotels, who plan to preserve BT Tower as an iconic hotel, securing its place as a London landmark for the future. As…
Hornblower Group, a leading provider of land- and water-based experiences, has announced a major restructuring deal that will see it sell or shut down its overnight cruising business, American Queen Voyages (AQV), which has been struggling due to the pandemic….
LONDON, UK: Feedback plc (AIM: FDBK), the clinical infrastructure specialist, announces that radiology specialist Medical Imaging Partnership (“MIP”) has agreed to pilot Bleepa-CareLocker, in order to deliver multiple clinical pathways to its customers in the UK private healthcare sector. The…
LONDON, UK: Saturn Resources Ltd (“Bidco”), a subsidiary of ETC Holdings, has agreed to buy out Shanta Gold Limited (“Shanta”), a gold mining company operating in East Africa, for 13.5 pence per share in cash. Badal Patel, CFO of Bidco,…