MELBOURNE: AustChina Holdings Limited has announced a binding agreement to acquire Penwortham Exploration Pty Ltd (PEN), securing a significant portfolio of gold-antimony and base metals exploration assets in north-west Tasmania. The agreement highlights two prominent projects: the high-grade Sulphide Creek Gold-Antimony Project and the Mersey VMS Base Metals, including copper and gold. Both projects are…
MFF Capital Investments Limited has acquired Montaka Global Investments Limited
SYDNEY: In a significant development, Montaka Global Investments Limited (Montaka) has announced its acquisition by MFF Capital Investments Limited (MFF Capital). This acquisition marks a major milestone in Montaka’s journey as it embarks on a new chapter with MFF Capital. Montaka has been recognized for its exceptional performance and commitment to delivering outstanding outcomes for…
ATLAS Space Operations partners with HawkEye 360 to enhance RF Monitoring Capabilities
MELBOURNE: ATLAS Space Operations® has secured a strategic partnership with HawkEye 360, the world’s leading space-based radio frequency (RF) data and analytics provider. This collaboration will enhance HawkEye 360’s RF monitoring capabilities by integrating ATLAS’ Mingenew, Australia, and Awarua, New Zealand ground stations into its existing ground network coverage. “Integrating the ATLAS ground stations in…
Dassault Systèmes unveils 3D UNIV+RSES
Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) announced the launch of “3D UNIV+RSES,” a generative AI technology that aims to transform global IP Lifecycle Management (IPLM). This innovative architecture will enable clients to fully utilize their 3D design, virtual twins, and PLM data in a premier digital environment. The “3D UNIV+RSES” will support new categories of…
Sanofi acquires 2.3% shares from L’Oréal in €3 billion buyback program
PARIS: Sanofi announced the acquisition of 2.3% of its shares from long-term shareholder L’Oréal as part of its share buyback program initiated on Jan. 30, 2025. The move aligns with Sanofi’s capital allocation strategy and commitment to sustainable value creation for shareholders. “L’Oréal has been a trusted shareholder and partner for decades, playing a key…
SeaBird Exploration and Energy Drilling announce merger to form leading offshore oil and gas services provider
OSLO: SeaBird Exploration Plc, a leading provider of marine seismic acquisition services, announced today that it has signed a letter of intent to merge with Energy Drilling Pte Ltd, a premier tender-assisted drilling provider, in a share-for-share acquisition. The combined company will be a diversified offshore oil and gas services provider with strong cash flows…
Mutares completes acquisition of Buderus Edelstahl
BERLIN: Mutares SE & Co. KGaA has finalized the acquisition of Buderus Edelstahl GmbH from voestalpine AG. The acquisition will enhance Mutares’ Engineering & Technology segment as a new platform investment. Founded in 1731, Buderus Edelstahl GmbH specializes in high-quality special steels, including tool steel, engineering steel, open-die forgings, closed-die forgings, hot-rolled strip, cold-rolled strip,…
Croma Security Solutions has acquired Meridian Securities System
LONDON: Croma Security Solutions Group plc (AIM:CSSG) has completed the acquisition of Meridian Securities System Limited, a well-established, family run locksmith business based in Horsforth, Leeds for a total cash consideration of £150,000, of which c.£135,000 is payable immediately, with a deferred element of c.£15,000 payable over the first 9 months. In a separate transaction,…
CARMAT secures €9.7 million in global offering
PARIS: CARMAT, a leading designer and developer of the world’s most advanced total artificial heart, announced the completion of its global offering, raising a total of €9.7 million. Of this amount, €8.6 million was subscribed by specialized investors and €1.1 million by retail investors via the PrimaryBid platform. Stéphane Piat, Chief Executive Officer of CARMAT,…
Alkemy Capital partners with Veolia to develop lithium refinery at Teesside, UK
LONDON: Alkemy Capital Investments plc (LSE: ALK), owner of Tees Valley Lithium (TVL), has announced a partnership with Veolia Water Technologies Inc. to develop TVL’s first lithium hydroxide refinery train at Teesside, UK. Veolia brings its extensive expertise in lithium processing, including contributions to various lithium hydroxide production facilities, to support TVL’s goal of delivering…
Russell Kennett appointed CEO of Range International Limited
SYDNEY: Range International Limited, the manufacturer of Re>Pal™ recycled plastic pallets, has named Russell Kennett as its new Chief Executive Officer, effective immediately. Kennett, who joined the company in July 2022, has been pivotal in reviewing the group’s activities, identifying new opportunities, and implementing systems for growth. He has restructured operations in Re>Pal Indonesia and…
Veris Limited acquires Spatial Vision Innovations for up to $3 million
SYDNEY: Veris Limited (ASX: VRS) announced Thursday the acquisition of Melbourne-based Spatial Vision Innovations Pty Ltd for up to $3.0 million, aiming to enhance its digital solutions and advisory services. The acquisition is expected to be finalized by early March 2025, subject to conditions precedent. Spatial Vision, founded in 1999, provides spatial solutions and GIS…