LANCASTER: Ecore International, a global leader in transforming reclaimed rubber into high-performance, sustainable products, has acquired Lockport, N.Y.-based HTI Recycling, expanding its materials innovation and reinforcing its circularity mission. The transaction includes HTI subsidiaries Edge Rubber Recycling and D&G Heavy Equipment Leasing, uniting two family-run firms with a shared commitment to environmental impact, product quality…
Atlas VMS acquires AIM-Port to expand tech-driven appraisal solutions
MIAMI: Atlas Valuation Management Solutions (Atlas VMS) has acquired AIM-Port, a specialized order management platform originally developed by an appraisal management company (AMC). The strategic acquisition aims to bolster Atlas’s technology offerings and reinforce its commitment to collaborative innovation within the appraisal and lending ecosystem. Erik Morin, CEO of Atlas VMS, emphasized the company’s mission…
SK Capital enters exclusive negotiations to acquire Lisi Medical from LISI Group
NEW YORK: SK Capital Partners LP, a New York-based private investment firm specializing in specialty materials, ingredients, and life sciences sectors, announced Thursday it has entered into exclusive negotiations to acquire LISI Group’s medical division, Lisi Medical. The proposed deal, still subject to antitrust and foreign investment reviews, as well as employee consultation processes, is…
Chariot to acquire majority stake in Nigerian lithium projects
PERTH: Chariot Corporation Ltd. announced plans to acquire a 66.7% stake in a portfolio of lithium projects in Nigeria through a joint venture with Continental Lithium Limited. The deal, valued at $1.5 million in cash and 42 million shares, positions Chariot as a key player in Africa’s burgeoning lithium sector. The portfolio spans 254 square…
PPK Group merges subsidiaries White Graphene Limited and BNNT Technology
BRISBANE: PPK Group Limited (ASX: PPK) announced Thursday the successful merger of its subsidiaries, White Graphene Limited (WGL) and BNNT Technology Pty Ltd, into a single nanomaterials business. Under the terms of the deal, WGL acquired 100% of BNNT’s shares in exchange for WGL equity. Post-merger, PPK’s direct stake in WGL increased to 49.32%, up…
Trifast returns to profit as strategic initiatives boost margins
LONDON: Trifast PLC (LSE: TRL.L), a global specialist in engineered fastenings, on Thursday reported a return to full-year profitability, as margin recovery and progress on its “Recover, Rebuild, Resilience” strategy helped offset challenging market conditions. For the year ended March 31, 2025, Trifast posted underlying EBIT of £15.6 million, up from £11.9 million the previous…
WPP plc has appointed Cindy Rose as Chief Executive Officer
LONDON: WPP plc (LSE/NYSE: WPP) today announces that Cindy Rose has been appointed as Chief Executive Officer (CEO) of the Company, effective 1 September 2025. Cindy succeeds Mark Read who will step down as CEO on the same date. Mark will continue to work with Cindy to support the transition until the end of the…
Jupiter Fund Management to acquire CCLA Investment Management in £100 million deal
LONDON: Jupiter Fund Management plc announced Tuesday it will acquire CCLA Investment Management Limited for £100 million, marking a major expansion into the UK non-profit asset management sector. The deal, subject to regulatory approval, positions Jupiter to broaden its domestic footprint by integrating CCLA’s £151 billion in assets under management and deep relationships with charities,…
Wall Street climbs as Nvidia touches $4 trillion and tariff jitters ease
Dow Jones rises over 200 points as tariff anxiety eases and tech stocks rally U.S. stocks rallied Wednesday, led by strength in technology shares as Nvidia briefly hit a historic $4 trillion market valuation and investors absorbed fresh tariff news from President Donald Trump. The S&P 500 rose 0.61% to close at 6,263.26, while the…
Merck to acquire Verona Pharma for $10 billion
U.S. pharmaceutical giant Merck announced Wednesday it will acquire U.K.-based Verona Pharma in a deal valued at approximately $10 billion, as the company seeks to bolster its respiratory treatment offerings and reduce dependence on its blockbuster cancer drug Keytruda. Under the terms of the agreement, Merck will pay $107 per American Depositary Share for Verona,…
Auddia names new CEO; Forms special committee to explore business combination
BOULDER: Auddia Inc. (NASDAQ: AUUD), a developer of AI-driven audio technologies, announced Tuesday that Jeff Thramann has succeeded Michael Lawless as chief executive officer, mar,king a leadership transition as the company explores a potential restructuring into an AI-native holding company. Lawless, who led Auddia and its predecessor Clip Interactive for 13 years, is retiring. Thramann,…
AirMDR secures $15.5 million seed funding to advance AI-driven cybersecurity platform
SAN FRANCISCO: AirMDR, a cybersecurity startup specializing in AI-native Managed Detection and Response (MDR), announced Wednesday it has raised $15.5 million in seed funding to accelerate product development and expand go-to-market efforts. The round was led by Race Capital, with continued support from Foundation Capital and Storm Ventures. The latest $10.5 million infusion builds on…