LONDON, UK: AstraZeneca has entered into a definitive agreement to acquire CinCor Pharma Inc., a US-based clinical-stage biopharmaceutical company, focused on developing novel treatments for resistant and uncontrolled hypertension as well as chronic kidney disease. Under the terms of the agreement, AstraZeneca will initiate a tender offer to acquire all of CinCor’s outstanding shares for…
Aker Solutions wins Rosebank FPSO contract from Altera Infrastructure
OSLO, NORWAY: Aker Solutions has been awarded a substantial contract from Altera Infrastructure for the complete upgrade of the Petrojarl Knarr floating production storage and offloading vessel (FPSO) to be redeployed at Equinor’s Rosebank field development, offshore UK. The selected development concept for the Rosebank field includes redeployment and reuse of the existing Petrojarl Knarr…
Ipsen agrees to acquire Albireo in a $952 million deal
PARIS, FRANCE: Ipsen will acquire Albireo, a leading innovator in bile-acid modulators to treat pediatric and adult cholestatic liver diseases. Ipsen is a global, mid-sized biopharmaceutical company focused on transformative medicines in Oncology, Rare Disease and Neuroscience. With Specialty Care sales of €2.6bn in FY 2021, Ipsen sells medicines in over 100 countries. Albireo is…
Tianqi Lithium Energy Australia signs agreement to acquire Essential Metals Limited
SYDNEY, AUSTRALIA: Tianqi Lithium Energy Australia (TLEA), the lithium joint venture entity owned by Tianqi Lithium Corporation (TLC) (51%) and IGO Limited (49%) has entered into a Scheme Implementation Agreement to acquire 100% of Essential Metals Limited (ASX:ESS) for A$0.50/share. The transaction represents a 36.3% premium to ESS’s 30-day VWAP and values ESS’s equity at…
Equinox Resources appoints Jiahe Gower as CEO
SYDNEY, AUSTRALIA: Equinox Resources Limited (ASX: EQN) announced the appointment of highly experienced mining executive and experienced Iron Ore, Lithium and battery metals industry professional, Mr Jiahe Gower, as Chief Executive Officer (CEO). Jiahe Gower is a trusted, respected and highly experienced mining executive and a certified CPA with over 20 years’ experience in the…
Frøy ASA agree to acquire Marinus Aquaservice for NOK 101 million
FRØYA, NORWAY: Frøy ASA has entered into an agreement to acquire 100% of the shares of Marinus Aquaservice AS at a total enterprise value of NOK 101 million. The acquisition is conditional upon certain customary conditions and closing is expected to take place in the first quarter of 2023. The acquisition of Marinus strengthens Frøy´s…
Badger Meter Inc. acquires Syrinix Ltd for £15 million
MILWAUKEE: Badger Meter Inc. (NYSE: BMI) announced the acquisition of Syrinix Ltd., a privately held provider of intelligent water monitoring solutions, for £15 million. Kenneth C. Bockhorst, Chairman, President and Chief Executive Officer, Badger Meter, stated, “We are pleased to add the hardware-enabled software capabilities of Syrinix into our smart water solutions portfolio. Leveraging our…
Eurocell CEO Mark Kelly to retire later this year
LONDON, UK: Eurocell Plc announced that Mark Kelly, Chief Executive Officer, has notified the Board of his intention to retire later this year. He will be succeeded as CEO by Darren Waters, currently Chief Operating Officer of Ibstock plc, who will join the Board of Eurocell Plc as Chief Executive Designate this spring. Mark Kelly…
R&Q Insurance and Obra Capital jointly acquire legacy liabilities of MSA Safety
LONDON, UK: R&Q Insurance Holdings and Obra Capital Inc. have jointly acquired a wholly owned subsidiary of global safety equipment manufacturer MSA Safety Incorporated. The acquired subsidiary holds legacy product liability claims relating to coal dust, asbestos, silica, and other exposures. MSA Safety contributed approximately $341 million in cash to the Company, in addition to…
Bruker Corporation has acquired ACQUIFER Imaging GmbH
HEIDELBERG, GERMANY: Bruker Corporation (Nasdaq: BRKR) announced the acquisition of ACQUIFER Imaging GmbH, a pioneer in big-data management solutions for bioimaging and high-content microscopy. This acquisition adds high-performance on-premise processing, secure storage and networking technology that complements Bruker’s advanced fluorescence microscopy imaging products, such as light-sheet and super-resolution microscopy products, which generate high information content….
Taylor Corporation joins forces with Acrylic Design Associates
NORTH MANKATO: Taylor Corporation announced today that they have joined forces with Acrylic Design Associates (ADA). As one of the largest graphic communications firms in North America, Taylor works with global brands to innovatively connect them with their customers throughout their entire journey. Acrylic Design Associates is a premier, large-scale manufacturer and merchandiser of signage,…
FolderWorks reaches agreement to acquire Epoly Corporation
NORTH MANKATO: FolderWorks, a Navitor Inc., company, has reached an agreement to acquire Epoly Corporation. Headquartered in Naples, Florida, Epoly Corporation provides custom-imprinted folders, envelopes, folios and other document organization products to the promotional marketing industry. All of Epoly’s products are manufactured from durable, moisture-resistant and recyclable polypropylene. “We’re thrilled because Epoly Corporation is so…