Renewable energy is now growing fast enough to absorb nearly all the new electricity demand being added to the world’s power grids. With solar panel prices at historic lows, batteries rapidly getting cheaper, and a conflict in the Middle East…
AMSTERDAM: CSG announced Tuesday it has signed an agreement to establish a joint venture, VEXA DS, LLC, between its Azerbaijani entity Excalibur Army Azerbaijan LLC and a local partner. The new company will focus on the repair, servicing and modernization…
LONDON: IQE plc, a global supplier of compound semiconductor wafer products, announced Tuesday a strategic investment from MACOM Technology Solutions Inc. and other existing shareholders, raising approximately £81 million in gross cash proceeds. The fundraising includes a £30 million subscription…
LONDON: Meridian Mining plc, a developer of the Cabaçal gold-copper project in Brazil, said Monday it has applied to list its ordinary shares on the main market of the London Stock Exchange and launched a fundraising to raise up to…
In a move that reshapes the Canadian energy landscape and signals a major vote of confidence in natural gas, Shell plc has struck a definitive agreement to acquire ARC Resources Ltd. (TSX: ARX). The all-in enterprise value of $16.4 billion…
PARIS: FORVIA, a global automotive technology supplier listed on Euronext Paris, today announced that Apollo-managed funds (“Apollo Funds”) have agreed to acquire the FORVIA Interiors business group, based on an enterprise value of €1.82 billion. The future closing of this…
STOCKHOLM: Carasent has today committed to acquire Infosolutions Sverige AB, including its wholly-owned subsidiaries (“Infosolutions”), which is a key player in connecting EHR systems with other actors in the ecosystem, in particular labs and radiology. Carasent’s organic growth and margin…
LONDON: Pathos Communications plc (AIM: NEWS) said Monday that initial testing of its artificial intelligence “virtual publicist,” Pressella, achieved roughly five times the success rate of human employees in sales development activities, as the PR technology company appointed a new…
LONDON: Clean Power Hydrogen plc (AIM:CPH2) is the developer of market disrupting and IP-protected Membrane-Free Electrolyser (“MFE”) technology for the co-production of high purity hydrogen and above medical-grade purity oxygen. The Company has entered into a non-binding Memorandum of Understanding…
LONDON: Kelso, the main market listed investment vehicle, announces a new declarable holding in Filtronic plc (“Filtronic”), a UK-based designer and manufacturer of advanced RF, microwave and mmWave components and subsystems for the telecommunications, aerospace and defence markets with a…
JERSEY CITY: Sun Pharmaceutical Industries Ltd., India’s largest drugmaker, said Sunday it will acquire Organon & Co. for $14 per share in an all-cash deal valued at $11.75 billion, a transaction that would vault the Mumbai-based company into the ranks…
PERTH: Loyal Metals Ltd, an Australian-listed exploration company, has agreed to be acquired by PT Bumi Resources Tbk, Indonesia’s largest thermal coal producer, in an all-cash deal valued at approximately A$79.1 million. Under the scheme of arrangement, Loyal shareholders will…