LONDON: Standard Life plc has entered into an agreement to acquire Aegon UK plc, containing the UK insurance and pensions operations of Aegon Europe Holding B.V., for a total consideration of £2.0 billion. The Transaction will be funded through a…
LONDON: Tiger Alpha PLC has signed Heads of Terms for the proposed acquisition of the entire issued share capital of Potentially Limited (“Potentially”), a private Cypriot company. Potentially is a technology startup building the peer-to-peer infrastructure layer for the AI…
WASHINGTON: The United Kingdom will suffer the largest economic decline of any major advanced economy as a result of the war with Iran, the International Monetary Fund warned Tuesday, slashing its 2026 growth forecast for the country to just 0.8%….
Texas agriculture is bracing for a tough season as global fertilizer prices soar in the wake of a blockade in the Strait of Hormuz. While the immediate headlines focus on oil and gas, the deeper impact is unfolding in the…
LONDON: Sintana Energy Inc. plans to list on the Namibia Securities Exchange, aiming to become the first oil and gas company offering Namibians direct ownership in the country’s offshore energy developments, the company announced Tuesday. The Canadian-based firm, which trades…
PARIS: Eurofins Scientific SE signed an agreement to divest its Electrical & Electronic Testing business (MET Labs) to UL Solutions Inc. for an Enterprise Value of €575 million on a cash and debt free basis. MET Labs is expected to…
LONDON: Zenith Energy Ltd. said Tuesday the Republic of Tunisia has formally recognized its subsidiary’s ownership of two oil production concessions, marking a significant step in ongoing arbitration proceedings before the International Centre for Settlement of Investment Disputes. The concessions,…
LONDON: Intertek Group PLC said it has initiated a strategic review to explore separating its operations into two independent, publicly traded companies, as the testing and assurance giant reported better-than-expected first-quarter revenue growth. The proposed separation would create Intertek Testing…
LONDON: SEED Innovations Ltd, an AIM-quoted investment company, has participated in a £4.5 million financing of portfolio company Clean Food Group, a UK biotech manufacturer developing sustainable oils and fats through fermentation. The financing, structured as a convertible loan note,…
LONDON: Mortgage Advice Bureau (Holdings) plc (AIM: MAB1.L), a leading technology-driven UK property finance service, today announced that it has acquired 100% of the issued share capital of HomeOwners Alliance Ltd (“HOA”) from its founders and Smoove Limited. The total…
SYDNEY: Australian payments firm Causal Ltd (ASX: CCL) said on Tuesday it has agreed to acquire Paymark Ltd, trading as Worldline New Zealand, for A$27 million ($17.5 million) in cash, as it pushes to expand its geographic footprint across the…
Persistently high energy prices are putting serious pressure on Britain’s manufacturing sector, creating what industry leaders warn could become a lasting threat to the country’s industrial competitiveness. A new joint report by the Confederation of British Industry (CBI) and Energy…