RIYADH: solutions, the leading provider of internet and communications services in Saudi Arabia, announced on Thursday that it has completed the acquisition of 40% of Devoteam Middle East, a regional leader in digital transformation consulting and solutions. The deal, which…
Have you ever been tempted to invest your money with someone you know, such as a friend, a relative, or an acquaintance? Have you ever been promised high returns on your investment, only to find out later that you have…
A consortium of buyers led by Dazheng Group Acquisition Limited has issued a statement urging the shareholders of Hollysys Automation Technologies Ltd. to reject the offer from Ascendent Capital Partners and accept its superior offer of US$29.50 per share. The…
People have different preferences and expectations when it comes to choosing a mobile phone. However, here are some of the common factors that people consider important and delightful in a mobile phone: Build quality: The durability and design of a…
KARACHI: Descon, a leading industrial conglomerate, and the International Finance Corporation (IFC), a member of the World Bank Group, have signed a Memorandum of Understanding (MoU) to address the postharvest losses of wheat, rice, and maize in Pakistan. The strategic…
LONDON, UK: HgCapital Trust plc (HGT), a listed investment trust managed by Hg, has announced its participation in the next growth stage of GGW Group, one of Europe’s leading insurance brokers for small and medium-sized businesses. The deal, which is…
LONDON, UK: Apax Global Alpha Limited (AGA), the closed-ended investment company providing access to the Apax Private Equity Funds, has invested approximately €21.5m in WGSN on a look-through basis. On 1st February 2024, the Apax XI Fund, in which AGA…
Epsilon Advanced Materials (EAM), a global EV battery materials provider, has acquired a cathode active material technology center in Moosburg, Germany, from Johnson Matthey. The center specializes in producing lithium-ion phosphate (LFP) and lithium manganese iron phosphate (LMFP) cathode materials,…
PARIS: The Azur Selection, a leading Greek hotel company, has announced its entry into the French market by acquiring three prestigious hotels in Cannes from Hôtels Du Groupe Boucau. The deal, financed by a bank loan, reflects the company’s ambition…
A new online platform, BIZLINX.ai, aims to revolutionize the franchising industry by using artificial intelligence to match buyers and sellers of franchises. The platform, founded by franchise expert Sarah Moudry, offers a low-cost, transparent, and efficient alternative to traditional brokers…
MedImpact Healthcare Systems, Inc., the nation’s largest independent health solutions, technology, and pharmacy benefit management (PBM) provider, announced today that it has acquired Elixir Solutions, a leading PBM company. The acquisition is part of MedImpact’s reinvestment strategy and aims to…
Domrex Pharma Inc., a leading manufacturer and distributor of medical supplies in Canada, has announced the establishment of its US subsidiary, Domrex Pharma USA Inc., based in Florida.The company aims to simplify the purchasing process of medical devices for healthcare…