DUBAI, UAE: Dubai Islamic Bank PJSC (DIB), the largest participation bank by asset size in the United Arab Emirates, has announced its intention to acquire a 20% stake in T.O.M. Group of Companies (T.O.M. Group), a digital financial services group…
LONDON, UK: Tap Global Group Plc, a regulated cryptocurrency app that bridges the gap between traditional finance and blockchain technology, has announced its intention to launch in the US market through a partnership with Zero Hash LLC, a crypto infrastructure…
SYDNEY, AUSTRALIA: Elders Limited (ASX:ELD) (Elders) has acquired the assets of the Eureka! group, a leading research, development, registration and formulation business for agricultural chemicals and other agricultural products. Eureka! operates with over 35 employees based at two sites west…
LONDON, UK: Entain plc (LSE: ENT), the global sports betting, gaming and interactive entertainment group, has acquired Angstrom Sports, a specialist provider of next generation sports modelling, forecasting and data analytics. As announced on 17 July 2023, the initial consideration…
LONDON, UK: AssetCo has completed the acquisition of the entire issued share capital of Ocean Dial Asset Management Limited from Avendus Capital Asset Management (UK) Limited. This follows confirmation of relevant clearances from the FCA and Indian regulators. The initial…
LONDON, UK: Sovereign and Network Homes merged to form SNG (Sovereign Network Group). The proposed merger was announced on Monday 13 March 2023 and the final business case was approved by Sovereign and Network Homes’ respective boards on Thursday 7…
LONDON, UK: Macfarlane announced the acquisition of B&D 2010 Group Limited, a specialist protective packaging business based in the South of England. This earnings enhancing acquisition is in line with Macfarlane’s stated strategy of building its protective packaging business through…
LONDON, UK: Yooma Europe Limited has completed the sale of Birmingham-based Vitality CBD Limited, a UK-focused CBD company, for a total consideration of US$2.0 million to Psilobrain Therapeutics Inc. Psilobrain is a private Canadian biotech company that uses the latest…
SYDNEY, AUSTRALIA: IPH Limited (IPH) has completed the acquisition of Canadian IP services firm, Ridout & Maybee, as announced on 17 August 2023. The approximately CAD 65m (AUD 74.7m) purchase price for the acquisition was funded by: As part of…
SYDNEY, AUSTRALIA: Catalyst Metals Limited has appointed David Jones AM as Non-Executive Chairman. Mr Jones’ appointment comes after long serving Non-Executive Chairman, Steve Boston, stepped down in August this year. David has a background in working with high growth companies,…
SYDNEY, AUSTRALIA: Engineering company Monadelphous Group Limited (ASX:MND) has entered into an agreement to acquire Melchor Contracting, a Perth-based structural concrete and associated works business. Melchor Contracting offers a full structural concrete package capability, including detailed earthworks, formwork, reinforcement fixing…
DUNEDIN, NZ: Cancer diagnostics company Pacific Edge (NZX, ASX: PEB) notes the U.S. Food and Drug Administration (FDA) has released for public comment proposed rule changes that seek to have Laboratory Developed Tests (LDTs) such as Cxbladder regulated as medical…