LONDON: Amcomri Group plc (AIM: AMCO), the “Buy, Improve, Build” UK focused, specialist engineering services and industrial manufacturing group, announced that its new wholly owned subsidiary, GridCore Electrical Services Limited, has entered into a conditional business purchase agreement to acquire the business and assets of the National Compliance and Testing division of the Infrastructure Solutions…
United Spirits divests Royal Challengers Sports
LONDON – Diageo plc subsidiary, United Spirits Limited (USL), has announced it has entered into definitive agreements for the sale of its 100% equity stake in Royal Challengers Sports Private Limited (RCSPL) to a consortium comprising Aditya Birla Group (“ABG”), The Times of India Group (“Times”), Bolt Ventures (“Bolt”), and Blackstone’s perpetual private equity strategy,…
TINC invests €23 million in Belgian battery storage projects to bolster grid flexibility
ANTWERP– Belgian infrastructure investor TINC said on Wednesday it has invested €23 million in two large-scale battery storage systems aimed at enhancing the flexibility and reliability of the country’s electricity grid. The two greenfield projects, located in Ruien and Langerlo, represent a total investment value of €330 million and are being developed, constructed, and operated…
OVHcloud announces the acquisition of Dragon LLM
Roubaix – OVHcloud, a sovereign, global player and European leader in cloud, announces that it has signed a binding agreement to acquire Dragon LLM, an AI model fine-tuning platform designed for regulated industries. This transaction aims to strengthen OVHcloud’s expertise in generative AI. Dragon LLM Founded under the name Lingua Custodia to target the financial sector, Dragon LLM…
Orange enters negotiations with Verdoso to divest Globecast
PARIS – Orange and the investment fund Verdoso announce that they have signed an exclusivity agreement with a view to a potential sale of Globecast. Globecast is Orange’s media services business, which currently supports thousands of customers – TV channels, rights holders and platform operators – in distributing and broadcasting their audiovisual content worldwide. The…
UKEn signs MOU with Wales & West Utilities
UK Oil & Gas PLC (London AIM: UKOG) announced that its wholly owned clean energy subsidiary, UK Energy Storage (“UKEn”) has signed a Memorandum of Understanding (“MOU”) with Wales and West Utilities Limited (“WWU”), the principal gas pipeline operator in Wales and the South West, who supply gas to around 7.5 million customers in the region….
Francisco Iglesias to be appointed to the Mobico Board as Group CEO
Mobico Group Plc is pleased to announce the appointment of Paco Iglesias as Group Chief Executive Officer. Paco is currently Group Chief Operating Officer, a position he has held since February 2025, and has been CEO of Mobico’s Alsa division since 2016. Paco will take up the Group CEO role and join the Mobico Board…
Arlington Capital Partners to acquire Australian naval defense firm Eptec Defence
SYDNEY: Arlington Capital Partners, a private investment firm focused on government regulated industries, said Tuesday it has agreed to acquire Eptec Defence, a provider of remediation and new build preservation services for Australian naval vessels. The transaction, whose terms were not disclosed, is subject to customary closing conditions and regulatory approvals. Eptec Defence operates as…
Morrow Bank to acquire MedMera Bank for SEK 1.96 billion
STOCKHOLM: Morrow Bank AB, a Nordic consumer finance bank, has today entered into an agreement with Kooperativa Förbundet to acquire 100% of the shares of MedMera Bank AB for a total consideration at closing of SEK 1,960 million, making Morrow Bank a leading Nordic consumer finance platform. The Transaction, which is subject to shareholders’ and…
Energy Technologies acquires Maradin’s laser optical IP portfolio
SYDNEY: Energy Technologies Ltd (ASX: EGY) said on Monday it has acquired the laser optical engineering intellectual property portfolio of Israel-based Maradin Ltd through its wholly owned subsidiary Cogenic Pty Ltd, in a deal aimed at advancing late-stage prototype development for laser projection systems. The acquisition positions Cogenic as a developer of full laser projection…
Caspian Sunrise announces acquisition of mineral assets
LONDON: The Board of Caspian Sunrise announced conditional acquisition of significant manganese and gold assets for an initial consideration of $25 million and a maximum consideration of $45 million. For several years the Board has been evaluating opportunities in the minerals sector, which are both attractive in their own right and would also lessen the…
Public Policy Holding to acquire Westminster Policy Partners Limited
LONDON: Public Policy Holding Company, Inc., (Nasdaq: PPHC) (AIM: PPHC), a leading global strategic communications provider offering a comprehensive range of advisory services in the areas of government relations, public affairs and corporate communications, announces that it has entered into a binding agreement for the acquisition of Westminster Policy Partners Limited (“WPI Strategy”, or “the…