LONDON: Mears Group PLC, the leading provider of housing services to the public and regulated sectors in the UK, has acquired 100% of the share capital of Pennington Choices Group Limited (PCL) for a total cash consideration of £9.5m settled in full on completion and financed from existing cash resources. The business is acquired on…
Sword Group acquires Bubble Go to bolster nearshore IT capabilities
GENEVA: Sword Group has announced the acquisition of Bubble Go, a Geneva-based IT services firm with a nearshore platform in Lisbon, as part of its ongoing mergers and acquisitions strategy. Bubble Go specializes in high value-added IT services, primarily serving clients in the private banking and luxury sectors. The company employs more than 70 professionals…
Gateway Mining secures strategic gold tenure in WA; Eyes regional consolidation
PERTH: Gateway Mining Ltd. (ASX: GML) has acquired an 80% stake in the Glenburgh South Gold Project, a 620-square-kilometer tenement in Western Australia’s Gascoyne region, adjacent to Benz Mining Corp’s high-grade Glenburgh Project. The acquisition positions Gateway alongside one of the most active gold exploration corridors in the state, with early signs of mineralisation mirroring…
Pluxee to acquire ProEves, the leading corporate childcare benefit player in India
PARIS: Pluxee, a global player in employee benefits and engagement, signed an agreement to acquire 100% of ProEves, an Indian corporate childcare benefit player. With this acquisition, Pluxee will continue to deliver on its strategic growth plan, enhancing its multi-benefit offering in this market. With over 3.5 million consumers in India, Pluxee is a leader…
Tavistock refocuses business on underserved UK consumers with Lifetime Financial Management acquisition
LONDON: Tavistock Investments has announced a strategic refocus of its business to target the “neglected 91%” of UK adults lacking access to full financial advice, following its acquisition of Lifetime Financial Management Intermediaries Limited. The move comes amid mounting regulatory pressures and rising operational costs that have made it commercially unsustainable for advisory firms to…
THG Plc revenue down 2.6% to £783.4 million in first half
CEO Matthew Moulding expects second-half revenue growth of up to 3.0% LONDON: THG PLC reported interim results for the half-year ended June 30, 2025, showing signs of recovery and strategic progress across its core divisions, despite a modest decline in revenue. Group revenue fell 2.6% year-over-year on a constant currency basis to £783.4 million, while…
Playtech posts €1.6 billion profit on Snaitech sale; Reaffirms B2B strategy amid mixed H1 results
LONDON: Playtech (LSE: PTEC), a leading provider of technology and services to the online gambling industry, reported a €1.6 billion post-tax profit for the first half of 2025, driven by the disposal of its Snaitech unit, despite a 10% decline in revenue and a sharp drop in reported EBITDA. The company distributed approximately €1.8 billion…
Lords Group reports 8.4% revenue growth in H1 2025; Acquires online retailer CMO
Group revenue increased to £232.1 million for the six months ended June 30 LONDON: Lords Group Trading plc (AIM:LORD), a leading UK distributor of building materials, reported an 8.4% increase in group revenue to £232.1 million for the six months ended June 30, 2025, up from £214.2 million in the same period last year. The…
Technip Energies to acquire Ecovyst’s Advanced Materials & Catalysts business for $556 million
PARIS: Technip Energies (PARIS:TE) said on Thursday it has entered into a definitive agreement to acquire the Advanced Materials & Catalysts business from Ecovyst Inc. (NYSE:ECVT) for $556 million, expanding its catalyst technology portfolio and boosting recurring revenues. The deal, valued at an EBITDA multiple of approximately 9.8, includes Advanced Silicas and Zeolyst International—a joint…
Brave Bison has acquired MTM London Limited for £6 million
LONDON: Brave Bison, the next-generation marketing and technology partner for global brands, has acquired the entire issued share capital of MTM London Limited (MTM) for an initial cash-and-share consideration of £6 million. MTM London is a strategy and insights consultancy working with global technology and media companies such as Google, Figma, Samsung and Spotify Initial…
Wheaton commits $400M gold stream to back Hemlo Mine acquisition by Carcetti Capital
TORONTO: Wheaton Precious Metals™ Corp. said Thursday it will provide up to $400 million in gold stream financing to Carcetti Capital Corporation to support its proposed acquisition of the Hemlo Mine from Barrick Mining Corporation. The financing package includes Wheaton’s gold stream commitment, an estimated $415 million in equity financing, and $200 million in bank…
Aurumin sells non-core assets for $6m to accelerate sandstone gold project
PERTH: Aurumin Ltd. (ASX:AUN) has executed binding agreements to divest all non-core assets in a series of transactions totaling A$6 million, enabling the company to fast-track development of its flagship Sandstone Gold Project in Western Australia. The divestment package includes the sale of Sandstone non-gold/silver rights, the Johnson Range and Mt Dimer projects, and Aurumin’s…