LONDON: Veritas Capital has agreed to acquire British engineering firm Bodycote plc in a recommended cash deal valued at approximately £1.65 billion, the companies announced Monday. The New York-based private equity firm will pay 940 pence per Bodycote share through its newly formed…
SYDNEY: WT Financial Group Ltd. has entered into a binding agreement to acquire a 70% interest in TNT Advisor Solutions, an Australian provider of onshore paraplanning services, the company announced Tuesday. The deal values TNT at 3.48 million Australian dollars, with WT Financial paying…
KARACHI: Shares of Engro Polymer & Chemicals Limited (EPCL) surged 2.11% and Lotte Chemical Pakistan shares climbed 2.88% in early trading Tuesday after Engro Corp announced it had entered into a share purchase agreement to sell its entire stake in EPCL to Lotte….
SYDNEY: Australian semiconductor company 4DS Memory Ltd. announced Monday it has entered into a binding agreement to acquire Jenesys Pty Ltd, a software firm specializing in autonomous systems coordination, as part of a strategic shift toward integrated hardware-software platforms for…
SANTA CLARA: Nvidia has agreed to acquire open-source artificial intelligence platform Hugging Face for $12.9 billion, according to a report Wednesday from The Information, citing a person with direct knowledge of the deal. The acquisition talks began after Hugging Face, a widely…
LONDON: hVIVO plc, a London-based clinical development partner and leader in human challenge trials, announced Thursday it has acquired CRS Clinical Research Services Berlin GmbH, a specialist Phase I/II clinical research unit, in a deal structured to preserve cash while expanding into high-growth…
PARIS: Tonner Drones has signed a binding agreement to acquire Azur Drones, a French autonomous surveillance drone company, from Drone Volt in a cash-funded transaction that expands the company’s footprint in the defense and security sector. The acquisition, announced Aug. 27, includes…
LONDON: eEnergy Group PLC (AIM: EAAS) announced the appointment of John Gahan as chief executive officer, effective immediately, ending a three-month interim period that began after the previous CEO’s resignation in May. Gahan, who previously served as chief financial officer, stepped into the interim…
STOCKHOLM: Swedish mining giant Boliden AB has agreed to acquire Votorantim S.A.’s majority stake in Nexa Resources S.A. in a transaction valued at approximately $1.31 billion, positioning Boliden as one of the world’s leading zinc producers while expanding its footprint into Latin America. Under the…
LONDON: NAHL Group (AIM: NAH), a leading marketing and services business focused on the UK consumer legal market, has reached a binding conditional agreement to sell its non-core, wholly-owned subsidiary, Searches UK Limited to TM Group (UK) Limited for an enterprise value (EV)…
WELLINGTON: One New Zealand on Thursday announced a proposal to combine its radio access network infrastructure with that of 2degrees in a jointly owned wholesale business, a move the companies say would improve efficiency while preserving competition. The proposed entity, operating under the…
SAN FRANCISCO: Deep Cogito, a post-training research lab focused on reinforcement learning and self-improvement, on Wednesday announced a $43 million Series A funding round led by TQ Ventures. The round included participation from Benchmark, Nexus Venture Partners, Atreides Management, South…