LONDON: FRP Advisory Group, a leading business advisory firm, has acquired One Advisory Group in a deal valued at approximately £8.1 million, the company announced Monday. The acquisition includes an initial consideration of £5.6 million and an additional £2.5 million for net assets acquired upon completion. The total sum is divided between £6.5 million in…
Venture Life to sell CDMO business and non-core products in €62 million deal
LONDON: Venture Life Group (AIM: VLG), a leading player in consumer healthcare innovation, has entered into a binding agreement with Italy-based contract development and manufacturing organization (CDMO) BioDue S.p.A. for the sale of its CDMO business and certain non-core products. Under the agreement, BioDue—a portfolio company of The Riverside Group—will acquire 100% of the issued…
Cobalt Holdings Plans $230 million London Stock Exchange listing
Confirmation of Intention to Float – 07:00:09 19 May 2025 – News article | London Stock Exchange LONDON: Cobalt Holdings plc, a newly formed company designed to purchase and hold physical cobalt, announced Monday its intention to raise approximately $230 million through a Global Offer and seek admission to the London Stock Exchange. If approved,…
Ridley Corporation to acquire Dyno Nobel’s fertilizers distribution business in $300 million deal
MELBOURNE: Ridley Corporation Limited (ASX: RIC) announced Monday it has entered into a binding agreement to acquire Dyno Nobel Limited’s fertilizer distribution business, IPF Distribution, for $300 million. The deal includes put/call options to acquire the Geelong North Shore property for an additional $75 million. The acquisition excludes Dyno Nobel’s Phosphate Hill fertilizer manufacturing operations…
AdNeo Limited to acquire Learnt Global Group for $5.8 million
MELBOURNE: AdNeo Limited (ASX: AD1) has entered into an agreement to acquire Learnt Global Group, a leading technology and education services provider, in an all-scrip deal valued at $5.8 million. The acquisition, priced at $0.07 per share, represents a 49% premium to AdNeo’s 30-day volume-weighted average price (VWAP). The deal, which includes Learnt Global’s subsidiaries,…
Temu expands marketplace in Australia, welcomes local sellers
SYDNEY: E-commerce giant Temu has announced it will allow Australian businesses to sell directly to local consumers on its platform, marking a significant expansion of its marketplace model. Temu, known for its ultra-low prices and vast product selection, has quickly gained traction in Australia amid rising cost-of-living concerns. A recent survey by National Australia Bank (NAB) found…
Essity appoints Ulrika Kolsrud as President and CEO
STOCKHOLM: Essity’s Board of Directors has named Ulrika Kolsrud as the company’s new President and CEO, the company announced Tuesday. Kolsrud will officially take over the role on June 1, succeeding Magnus Groth, who previously informed the board of his plans to step down this year. Kolsrud currently serves as President of Essity’s Health &…
Green Landscaping Group acquires Wagner Straßen-, Tief- & Rohrleitungsbau GmbH
LEBUS: Green Landscaping Group (Publ) has acquired Wagner Straßen-, Tief- & Rohrleitungsbau GmbH, a civil engineering and landscaping company based in Lebus, Brandenburg. Founded in 2007, Wagner has built a reputation as a reliable partner in earthwork, civil engineering and landscaping in the greater Berlin area. The company, led by founder and Managing Director Steffen…
Peugeot Invest takes minority stake in Novétude
PARIS: Peugeot Invest has announced a minority investment of approximately €105 million in Novétude, a leading European higher education group specializing in paramedical training. The deal, which represents over 19% of Novétude’s share capital, positions Peugeot Invest alongside Charterhouse Capital Partners, the majority shareholder. Novétude offers accredited degrees in osteopathy, physiotherapy, optics, dental care, and…
Tiger Royalties signs LOI for investment in Tao Strategies Singapore
LONDON: Tiger Royalties and Investments Plc (AIM: TIG) has announced a strategic move into the decentralized artificial intelligence sector with a £250,000 equity investment in Tao Strategies Singapore. The company, known for incubating technology and mining projects, signed a Letter of Intent (LOI) to support Tao Strategies, which operates miner and validator nodes on the…
ITM Power to supply NEPTUNE II electrolyser to Spanish cement producer
LONDON: ITM Power has signed a contract to provide its NEPTUNE II electrolyser system to a leading Spanish cement manufacturer, marking the company’s first deployment in the sector. The NEPTUNE II is a fully autonomous 2MW electrolyser designed to produce green hydrogen. The system includes power conversion and balance-of-plant components, allowing for easy deployment as…
Ofgem secures £7 million in customer compensation over billing error
LONDON: Ten energy suppliers have refunded and compensated more than 34,000 customers after Ofgem uncovered a technical overcharging error that resulted in excess charges beyond the regulated price cap. The suppliers paid a total of £7 million—£5.6 million in refunds and £1.4 million in goodwill payments—after a compliance review by the energy regulator. The issue…