DUBAI: Cybersecurity firm Rapid7 Inc. (NASDAQ: RPD) announced on Wednesday the launch of a local entity and a United Arab Emirates-based instance of its security platform, a strategic move underscoring its commitment to the Gulf region’s growing digital economy. The expansion, which includes a new office in Dubai, is a direct response to the UAE’s…
Sika AG acquires Marlon Tørmørtel A/S, a mortar manufacturer in Denmark
Sika AG has acquired Marlon Tørmørtel A/S, a mortar manufacturer in Denmark. The company is renowned for its strong product portfolio and its excellent customer service. The acquisition creates a growth platform for Sika in the Nordics, providing exciting opportunities for further market expansion and cross-selling with Sika’s complementary solutions. Marlon is a family-owned, high-performing…
CoinShares to acquire Bastion Asset Management to expand digital asset capabilities
LONDON: CoinShares International Limited, the leading European asset manager specializing in digital assets with US$10 billion in AuM, today announced the acquisition of Bastion Asset Management Limited, a London-based, FCA-regulated crypto-focused alternative investment manager. The acquisition significantly strengthens CoinShares’ actively managed capabilities, as the firm continues its evolution into a comprehensive digital asset management platform….
MidOcean Energy acquires 20% stake in PETRONAS’ Canadian LNG assets, securing key supply from LNG Canada
LONDON: MidOcean Energy, a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, has entered into definitive agreements to acquire a 20% interest in PETRONAS’ key entities in Canada. The transaction includes a 20% interest in the North Montney Upstream Joint Venture (“NMJV”),…
Zeta Global acquires Marigold’s Enterprise Software Business in $325 million deal
NEW YORK: Zeta Global (NYSE: ZETA), the AI Marketing Cloud, has entered into a definitive agreement with Marigold to acquire Marigold’s enterprise software business, including Marigold Loyalty, Cheetah Digital, Selligent, Sailthru, Liveclicker, and Grow. This acquisition advances four key levers of Zeta’s strategy, including: Expanding scale of Zeta’s enterprise customer base: Marigold’s enterprise software business…
Australia’s Pursuit Minerals to acquire Argentine gold project, raises $4 million
MELBOURNE: Australian miner Pursuit Minerals Ltd said on Tuesday it has agreed to acquire the Sascha Marcelina gold-silver project in Argentina’s prolific Deseado Massif region and has secured commitments to raise A$4.04 million ($2.7 million) to fund the deal and exploration. The company will buy 100% of Andara Mining Pty Ltd, which holds exclusive rights…
Intelligent Monitoring Group to acquire Australia’s BNP Securities for $4.2 million
PERTH: Intelligent Monitoring Group Ltd (IMG) said on Wednesday it has agreed to acquire all shares of Australian security services firm BNP Securities Pty Ltd for A$4.2 million ($4.2 million) in cash, as it seeks to expand its footprint in the physical guarding market. The acquisition will be made through IMG’s subsidiary, ADT Security Group Pty…
B.P. Marsh invests £10 million in Oneglobal to fuel global insurance expansion
LONDON: B.P. Marsh & Partners Plc (AIM: BPM), a specialist private equity investor in early-stage financial services firms, said on Tuesday it has invested £10 million in Oneglobal Broking Holdings Limited, a London-based international insurance broker majority-owned by J.C. Flowers & Co. The investment, structured as cumulative convertible preferred shares, will entitle B.P. Marsh to…
Argo Blockchain reports $8.1 million net loss in H1 2025 amid machine relocation and recapitalization plan
LONDON: Argo Blockchain plc reported a net loss of $8.1 million for the first half of 2025, down from $38 million in the same period last year, as the cryptocurrency miner grappled with machine refurbishment and relocation efforts. Revenue fell sharply to $6.3 million from $29.3 million in H1 2024, with Bitcoin production dropping to…
SEEEN plc reports 87% revenue growth, positive EBITDA in first half of 2025
LONDON: SEEEN plc (AIM: SEEN), a global media and technology platform specializing in AI-powered video monetization, reported an 87% increase in revenue for the six months ended June 30, 2025, marking its first full half-year of positive EBITDA. The company posted unaudited interim results Tuesday, highlighting total revenues of $2.1 million, up from $1.1 million…
Close Brothers swings to loss on motor finance provision, cuts dividend
Group reported a statutory operating loss before tax of £122.4 million compared with £132.7 million profit the previous year LONDON: British lender Close Brothers Group reported a full-year statutory loss on Tuesday, driven by a major provision for a regulatory review into motor finance commissions, prompting the company to scrap its final dividend. For the…
Watkin Jones sells major Glasgow student housing project in £182 million joint venture
LONDON: British residential developer Watkin Jones Group has agreed to sell a newly developed, 784-bed student accommodation scheme in Glasgow to a joint venture predominantly owned by Maslow Capital, the company announced on Tuesday. The transaction, which values the project known as “The Ard” at a projected £182 million upon completion, underscores a strategic move…