DUBLIN: Greencoat Renewables PLC has agreed to sell a portfolio of six Irish onshore wind assets with a combined net capacity of 115.7 megawatts, the company announced Tuesday. The transaction, which includes an upfront payment of €139 million and an additional €17 million in deferred consideration over 2026 and 2027, is expected to close in…
Catenai signs subscription agreement for stake in AI firm Alludium
LONDON: Catenai PLC (AIM: CTAI), a publicly traded provider of digital media and technology solutions, has signed a subscription agreement with AI automation company Alludium Ltd. The agreement follows the non-binding term sheet announced on April 11. Under the terms, Catenai will invest in 757,403 ordinary shares of Alludium at a price of 73 pence…
Mercia Asset Management invests in Warwick Acoustics and Axis Spine
LONDON: Mercia Asset Management PLC (AIM: MERC), a regionally focused specialist alternative asset manager overseeing more than £1.8 billion in assets, has participated in major funding rounds for Warwick Acoustics Limited and Axis Spine Technologies Limited, reinforcing the commercial progress of both companies. Warwick Acoustics, a developer of audio systems for automotive and personal audio…
Idox plc has acquired Plianz, a provider of social care software solutions in the UK.
LONDON: Idox plc (AIM: IDOX), a leading supplier of specialist information management software and geospatial data solutions to the public and asset-intensive sectors, announced the acquisition of Trojan Consultants Limited, which trades as Plianz, a provider of Social Care software solutions in the UK. Highlights Idox will acquire Plianz for an initial enterprise value of £7.65m…
Lindsay Australia to acquire SRT Logistics for $108.2 million
SYDNEY: Lindsay Australia Limited (ASX: LAU) announced Tuesday it will acquire Tasmania’s largest refrigerated logistics provider, SRT Logistics Pty Ltd, for approximately $108.2 million in a deal aimed at expanding its national supply chain footprint. The acquisition, expected to close June 30, 2025, will be funded through a mix of cash and scrip, with SRT…
Dalaroo Metals appoints Chris Connell as CEO
PERTH: Dalaroo Metals Ltd. (ASX: DAL) has named Chris Connell as its new chief executive officer, effective May 9, the company announced Monday. Connell, a veteran geologist with nearly 30 years of experience in exploration, mining, finance, and capital markets, previously served as technical director and founder of Iris Metals Ltd. (ASX: IR1). He played a…
Victor Rajasooriar appointed MD & CEO of Noronex Limited
PERTH: Noronex Limited (ASX: NRX) has appointed experienced mining executive Victor Rajasooriar as its new managing director and CEO, effective May 19. Rajasooriar, a qualified mining engineer with 25 years of experience, will lead Noronex’s growth strategy in the Kalahari Copper Belt, where the company has secured a strategic alliance with global miner South32 Limited (ASX: S32)….
FleetPartners enters next growth phase following successful transformation
SYDNEY: FleetPartners Group Limited (ASX: FPR) reported mixed results for the first half of 2025, reflecting both the successes and transitional challenges of its recently completed Accelerate transformation program. While net operating income saw modest gains, new business writings experienced a temporary downturn as the company adjusted to its new operating system. Strategic Transformation Signals Growth Potential …
Dyno Nobel Limited: A strategic pivot towards an explosive future
Half-Year 2025 Financial Analysis & Forward-Looking Outlook SYDNEY: Dyno Nobel Limited’s half-year 2025 results reflect a company in the midst of a bold transformation. While revenues dipped by 8.6% to $2.25B, net profit surged 105% to $7.4M, signaling early success in its shift from a diversified industrial player to a focused global explosives leader. According…
Ascendx Cloud secures £82 million to expand CRM SaaS portfolio, U.S. operations
LONDON: Ascendx Cloud, a London-based provider of enterprise-grade customer relationship management (CRM) software-as-a-service (SaaS) solutions, has raised £82 million in funding to scale its suite of applications and expand its U.S. presence. The investment aims to help more enterprise companies harness their CRM data amid the growing adoption of artificial intelligence. The funding round consists of £45 million in…
Virgin Media O2 and Daisy Group to merge creating £1.4 billion entity
LONDON: Virgin Media O2 (VMO2) announced Monday that it will merge its business-to-business operations with Daisy Group to form a major new player in the United Kingdom’s business communications and IT sector. The newly established entity will generate annual pro forma revenues of approximately £1.4 billion. VMO2 will hold a 70% stake in the business, with Daisy…
Samsung Galaxy S25 Edge retail listing leaks, hinting at premium price tag
A newly surfaced retailer listing has given consumers another glimpse at Samsung’s upcoming Galaxy S25 Edge, showcasing its ultra-thin chassis and hinting at a premium price point. The leak comes via well-known tipster @MysteryLupin, who posted a screengrab of the listing online. The model displayed features 256GB of storage, which is presumed to be the base variant….