Pinewood.AI stockholders to receive £4.48 per share, with option to roll equity into private company LONDON: Private equity firm Ridgeview Partners LLC has agreed to acquire Pinewood Technologies Group PLC (Pinewood.AI) in a recommended cash deal valuing the automotive software provider at approximately…
LONDON: Gana Media Group plc announced that Lorenzo Caci has been appointed to the role of Chief Operating Officer for the Group. In this role Lorenzo will be responsible for overseeing the operation of all global business areas of the Group, directly supporting the CEO…
LONDON: BioMarin Pharmaceutical Inc. has agreed to acquire Alesta Therapeutics, a clinical-stage biotechnology company, in a deal that could be worth up to $490 million, the companies announced Wednesday. The acquisition gives BioMarin control of ALE1, Alesta’s lead experimental drug candidate for hypophosphatasia, a…
LONDON: Oakley Capital Investments Ltd. said that its Oakley Capital Fund VI has agreed to acquire a majority stake in Graphwise, a provider of knowledge graph and semantic data technology used to improve enterprise artificial intelligence systems. The indirect contribution from OCI…
STOCKHOLM: Asker Healthcare Group has acquired 100% of the shares in Ambercell Solutions UAB, a leading Baltic medtech solutions provider and distributor, the company announced Wednesday. Ambercell provides therapy- and procedure-specific packs and medical consumables through its proprietary integrated supply chain management platform, along with…
NEW YORK: The Crest Group, a global industrial technology manufacturer, has acquired Dukane, a manufacturer of ultrasonic solutions and plastic joining technologies. Financial terms were not disclosed. Crest, which manufactures ultrasonic cleaning and welding equipment, is backed by New York-based private equity firm…
SYDNEY: Energy One Limited has agreed to acquire Gas Management Services Limited (GMSL) from Belgian energy infrastructure group Fluxys for an enterprise value of A$99.8 million, the companies announced Wednesday. The all-scrip transaction will see Energy One issue 7,089,780 shares to Fluxys,…
LONDON: Mobico Group PLC announced Monday it has reached an agreement in principle to sell the net assets and operations of its West Midlands bus business to the West Midlands Combined Authority for expected upfront residual proceeds of approximately £24 million. The transaction, which…
ATHENS: METLEN Energy & Metals Plc said Tuesday it has acquired Joule, a Greek energy software company, in a move aimed at strengthening its digital capabilities in managing renewable energy and storage portfolios. The acquisition centers on Joule’s jHub platform, a system for…
BILBAO: Virtualware, a Euronext-listed enterprise software company, has signed a definitive agreement to acquire 100% of Virtalis Holding, a Manchester-based virtual reality and RT3D visualization software firm, the companies announced Tuesday. The transaction, valued at a fixed €5 million upfront plus performance-based…
GOTHENBURG: Elicera Therapeutics AB (publ), a clinical-stage cell and gene therapy company developing next-generation cancer treatments based on oncolytic viruses and CAR T-cell therapies armed with immune-activating properties via its commercially available iTANK platform, announced Tuesday that it has appointed Johan Liwing as…
MELBOURNE: BHP Group on Tuesday reported a 27% surge in underlying earnings to $32.9 billion for the fiscal year ended June 30, 2026, as copper contributed more than half of the mining giant’s earnings for the first time. The company’s underlying attributable…