KARACHI: Pharaon Investment Group Limited (PIGL), the majority shareholder of Attock Cement Pakistan Ltd. (ACPL), is exploring a potential exit from its stake in the company, drawing attention from multiple strategic investors amid a period of expansion and valuation re-rating across the cement sector. According to disclosures reaffirmed in May 2025, PIGL is evaluating various…
Duxton Farms announces merger with four agricultural companies
STIRLING: Duxton Farms Ltd (ASX: DXF) unveiled plans Thursday for a strategic merger with four private agricultural companies, a fully underwritten institutional placement, and a special dividend following the recent sale of its Kentucky property. Key Highlights: The merger accelerates Duxton Farms’ expansion into higher-yield agricultural sectors, including permanent horticulture and viticulture. The combined entity…
Civmec to acquire Luerssen Australia in $20 million deal, bolstering sovereign shipbuilding capability
PERTH: Civmec Limited has signed a binding agreement to acquire full ownership of Luerssen Australia Pty Ltd from NVL Australia GmbH for AUD 20 million in cash, in a strategic move to consolidate its position as a leading sovereign Australian shipbuilder. The acquisition, scheduled to close by July 1, 2025, will transfer all assets, employees…
Dotdigital acquires Social Snowball to expand marketing platform
LONDON: Dotdigital Group plc, a leading SaaS provider of customer experience and data platforms, announced Tuesday the acquisition of U.S.-based Social Snowball Holdings, Inc., an influencer, affiliate and referral marketing platform for e-commerce brands. The deal, worth up to $35 million, includes an initial $20 million cash payment and up to $15 million in performance-based earnouts….
Inspired Plc agrees to £183.6 million takeover offer by HGGC-backed Intrepid Bidco
LONDON: Intrepid Bidco Ltd., a newly formed entity wholly owned by funds managed or advised by U.S.-based private equity firm HGGC LLC, has launched a recommended all-cash offer to acquire Inspired PLC, a U.K.-based energy and sustainability services provider, the companies announced Thursday. Under the terms of the deal, Inspired shareholders will receive 81 pence…
Wall Street rally slows amid geopolitical truce and Fed caution
AI and crypto stocks lead market as traders weigh ceasefire stability, Fed signals Stocks treaded water Wednesday, pausing after a two-day rally that pushed major indexes to within arm’s reach of their all-time highs. While investor sentiment has warmed on easing geopolitical tensions and resilient earnings, markets remain locked in a tug-of-war between long-term tech…
Powder Monkey expands Australasian portfolio with acquisition of Akasha and Wayward Brewing
Akasha and Wayward Brewing, Powder Monkey , Expands Australasian Portfolio , Acquisition , LONDON: Powder Monkey Group LLC (JP Jenkins PMGL:JPJ) has reached a preliminary agreement to acquire the Australian businesses of Akasha and Wayward Brewing, including selected assets and retail operations, the company announced. The deal will integrate the two renowned craft beer brands…
Mosman Oil & Gas announces leadership restructuring, CEO transition
LONDON: Mosman Oil & Gas Limited (AIM: MSMN) announced a strategic leadership restructuring Tuesday as part of its growth strategy, including the departure of CEO Andy Carroll. Howard McLaughlin, the company’s head of U.S. operations, will serve as interim CEO pending due diligence. Carroll, who served nearly two years as CEO after previously holding the…
Getech and Sound Energy launch joint venture for hydrogen and helium exploration in Morocco
LONDON: Getech, a global leader in subsurface resource location, has announced the incorporation of HyMaroc Limited, a 50:50 joint venture with transition energy company Sound Energy plc, aimed at unlocking natural hydrogen and helium resources in Morocco. The formation of the subsidiary follows the successful completion of a regional screening study conducted under an Exploration…
Aptamer Group signs development and licensing deal with global life sciences company
YORK: Aptamer Group plc (AIM: APTA), a developer of next-generation synthetic binders for the life science industry, announced Tuesday a new development and licensing agreement with an established global life sciences and diagnostics company, part of a major multinational conglomerate. Under the agreement, Aptamer will develop a custom Optimer®-Fc reagent for use in immunohistochemistry (IHC)…
Evion Group secures US deal for expandable graphite as global demand climbs
PERTH: Evion Group Ltd. (ASX: EVG) has finalized a deal to deliver its first shipment of expandable graphite to a major U.S. supply chain company, marking a significant step in the company’s efforts to position itself as a reliable, non-Chinese source of critical minerals. The 80-metric-tonne shipment, valued at approximately A$400,000, will be dispatched over…
Legend Mining acquires gold and base metal project in Western Australia
LEONORA: Legend Mining Limited announced Wednesday it has signed binding term sheets to acquire a 100% interest in the Pinnacle Well Project, located 25 kilometers (15.5 miles) north-northeast of Leonora in Western Australia’s mineral-rich Leonora district. The project, which covers 110 square kilometers (42.5 square miles) across two exploration licenses, has seen little exploration activity…