LONDON, UK: Microlise Group plc (AIM: SAAS), a leading provider of SaaS based transport technology solutions to fleet operators, announced the acquisition of Vita Software, a leading provider of transportation management system (TMS) solutions, for a total consideration of £2.06…
LONDON, UK: Coinsilium Group Limited (AQSE: COIN) has entered into Heads of Terms (HoT) with Tokenomi, a blockchain and Web3 advisory services firm and with its owner and managing director, Alexis Nicosia, to acquire the advisory service business and certain…
LONDON, UK: RS Group announced that Simon Pryce is to be appointed to the role of Chief Executive Officer (CEO) and Executive Director with effect from 3 April 2023. David Egan, currently Acting CEO, will work alongside Simon in his…
SAN DIEGO: Guild Mortgage (NYSE: GHLD) has acquired Cherry Creek Mortgage LLC, a privately held Colorado-based lender with physical branches across the country whose business and customer-centric approach closely aligns with Guild’s. Cherry Creek Mortgage was co-founded by Jeff May…
KARACHI, PAKISTAN: Pakistan Automotive Manufacturing Association (PAMA) has released the sales and production data for the month of Feb’23, where car sales are down by 40% MoM to clock in at 3,642 units. The decline in sales is mainly due…
SYDNEY, AUSTRALIA: PPK Group Limited (ASX: PPK) has entered a series of conditional transactions to acquire a material interest in PowerPlus Energy Pty Ltd, Australia’s largest privately owned lithium battery manufacturer. PowerPlus Energy specialises in supplying reliable, long-lasting modular battery…
Silver Lake and CPP Investments announced plans to acquire Qualtrics for $12.5 billion. Shares of Qualtrics were up more than 6% Monday, CNBC reported. Qualtrics is a web-based software platform that provides a range of research tools for businesses, academic…
Merger and Acquisition (M&A) is a common practice in the corporate world to enhance a company’s growth. It is an efficient way to enter new markets, expand customer base, and acquire new technologies or resources. However, many companies still hesitate…
LONDON, UK: The boards of Sovereign Housing Association Limited and Network Homes Limited have agreed to enter into formal negotiations with a view to joining together in a merger. The decision was agreed by their respective boards on Thursday 9…
PARIS, FRANCE: Sanofi has entered into an agreement to acquire Provention Bio Inc., for $25/share in cash, representing an equity value of approximately $2.9 billion. The transaction adds an innovative, fully owned, first-in-class therapy in type 1 diabetes to Sanofi’s…
LONDON, UK: Zinnwald Lithium plc, the German focused lithium development company, announced the signing of a Heads of Terms Agreement with Ocean Partners UK Ltd, a trader of base metal ores and concentrates and parent company to Shanoon Resources Ltd,…
LONDON, UK: Ricardo plc, a global strategic, environmental, and engineering consulting company, has announced the acquisition of Aither Pty Ltd., a leading water-and-natural-resources advisory consultancy. Headquartered in Melbourne, Australia, Aither’s purpose is to help governments and businesses make better decisions…