LONDON: Seraphim Space Investment Trust plc, the world’s first publicly traded SpaceTech investment company, said Tuesday it has invested $30 million in Hubble Network Inc., a portfolio company developing the first satellite-powered Bluetooth network. The investment, approximately £22.2 million, marks the…
LONDON: HgCapital Trust plc said Monday it will invest approximately £20 million in Nourish Care, a U.K. provider of software for the social and community care sector, as part of a broader strategic growth investment led by Hg. The investment, made through the…
NEW YORK: Sugarwork, a U.S.-based knowledge capture and workflow automation company, has appointed Andre Liao as its new chief executive officer, effective Aug. 24. Liao, a veteran technology executive with more than 25 years of experience scaling software companies across…
MELBOURNE: EQT Holdings Ltd., the holding company for Equity Trustees, said Monday it has received an unsolicited, nonbinding takeover proposal from U.S. private equity firm TPG Global LLC. The indicative offer proposes to acquire 100% of EQT’s outstanding shares through…
PERTH: Tusker Minerals Ltd (ASX: TSK) announced Tuesday it has entered into a binding agreement to sell its wholly owned Malawian subsidiary, Green Exploration Limited (GEL), to AuKing Mining Ltd (ASX: AKN) in a transaction valued at up to approximately…
VANCOUVER: OceanaGold Corp. announced Monday it has agreed to acquire Ausgold Ltd. in a transaction valued at approximately 776 million Australian dollars ($549 million U.S.), adding a development-stage gold project in Western Australia to the company’s portfolio. The deal, structured as a…
HONG KONG: Alibaba Group is set to sell its game development unit, Lingxi Games, to private equity firm Trustar Capital for more than $2 billion, a person familiar with the matter told The Associated Press on Monday. The Chinese technology giant and…
LONDON: Knights Group, the national legal and professional services business, announced it has agreed to acquire THP Solicitors Limited (“THP”), a law firm operating in the Thames Valley. The acquisition represents a compelling bolt-on following Knights’ recent expansion in the region with its acquisition…
LONDON: Nostrum Oil & Gas PLC said Monday it has agreed to sell its Kazakhstan operations to Altaris Holding Ltd. for $304.6 million, a transaction that will allow the struggling energy company to repay its secured notes in full and partially repay…
LONDON: Bentley Park (UK) Limited has reached an agreement to acquire Time Finance PLC in a recommended cash deal valued at approximately £55.13 million, the companies announced. Under the terms of the acquisition, Time Finance shareholders will receive 59.1 pence in…
SYDNEY: Laramide Resources Ltd. has acquired exploration licenses in Sweden’s Hotagen and Arjeplog-Arvidsjaur uranium provinces, marking the company’s entry into a European market that recently lifted a decades-old ban on uranium mining. The Toronto-based uranium developer, which also has projects…
PALO ALTO: Anthropic’s revenue surged more than 14-fold in the second quarter from a year earlier, Bloomberg News reported Friday, underscoring the rapid growth of the Claude chatbot maker as it prepares for a potential blockbuster initial public offering. The…