MUNICH: Mutares SE & Co. has successfully completed the acquisition of 50% equity and a controlling stake of 80% in Peugeot Motocycles (PMTC) from Mahindra & Mahindra (M&M). M&M will remain a co-shareholder to support new product launches and the…
SYDNEY, AUSTRALIA: Splitit Payments Limited has signed a three-year partnership agreement with Ingenico, a global leader in payments acceptance solutions. The partnership could revolutionise the physical point-of-sale experience, integrating Splitit’s white-label Instalment-as-a-Service solution within Ingenico’s innovative, cloud-based Payments-Platform-as-a-Service (PPaaS) to…
DUBAI, UAE: Dubai Financial Market Company announced its consolidated results for the fiscal year ending on 31st December 2022, registering a jump of 41.7% in net profit to AED 147.1 million compared to AED 103.8 million in 2021. With a…
LONDON, UK: DX, the provider of delivery solutions, announced the appointment of Paul Ibbetson, Managing Director of DX Freight, as Chief Executive Officer of the Group. His appointment takes immediate effect and accordingly, Mark Hammond, Executive Chairman, relinquishes his executive…
SYDNEY, AUSTRALIA: FLIGHT Centre Travel Group (FLT) has entered into a binding agreement to acquire 100% of United Kingdom-based luxury leisure travel business Luxury Travel Holdings Limited (Scott Dunn) for an enterprise value of £121 million. The acquisition is anticipated…
SYDNEY, AUSTRALIA: Humanforce Holdings will acquire all of the issued shares in intelliHR Limited (ASX: IHR) for $0.11 cash per share by way of a recommended Scheme of Arrangement. The scheme consideration implies a fully diluted equity value of approximately…
SYDNEY, AUSTRALIA: PWR Holdings Limited (ASX: PWH) has and moved its PWR Europe operations from Silverstone to new premises at Rugby; and has acquired the UK based business, Bespoke Motorsport Radiators (BMR), which completed on 30 January 2023. BMR’s 4-year…
LONDON, UK: Finsbury Food Group Plc (AIM: FIF) has acquired 100% of the share capital of Lees Foods Limited, a leading manufacturer of meringues, teacakes and snowballs. Established in 1931, Lees employs more than 200 staff at its site…
LONDON, UK: Saint-Gobain has completed the acquisition of Termica San Luis, a leader in stone wool insulation in Argentina. Termica San Luis is a family-owned business with over 70 years of experience in insulation. It is the leading producer of stone wool in…
AMSTERDAM: ArcelorMittal has invested $36 million in Boston Metal. The transaction is the company’s largest single initial investment to date through its XCarb Innovation Fund. The fund, launched in March 2021, targets investing in the best and brightest technologies that…
LONDON, UK: The Ince Group (AIM: INCE) has agreed terms for the sale of the business and assets of its Bristol-based claimant personal injury and clinical negligence practice to Clinical Negligence Services Ltd trading as Enable Law. Ince is an…
LONDON, UK: Ironveld Mining has entered into a Joint Venture Agreement with Pace SA as equal partners to produce and sell Dense Media Separation (DMS) grade magnetite from Ironveld’s mine in Limpopo, South Africa. Martin Eales, CEO of Ironveld, said:…