LONDON: Apax Global Alpha Limited (AGA), the closed-ended investment company providing access to the Apax Private Equity Funds, today announced that it expects to invest approximately €14m in Norva24 Group AB on a look-through basis. On 7 May 2025, Apax XI Fund, acting through Nordahl BidCo AB, has had their recommended public offer to the…
TA Fund XP offers to acquire FD Technologies in £570 million deal
LONDON: TA Fund XP, through its subsidiary KAIROS Bidco, has agreed to acquire FD Technologies in a deal valued at approximately £570 million, the company announced Thursday. Under the terms of the recommended acquisition, shareholders of FD Technologies will receive £24.50 in cash per share. As an alternative, eligible shareholders may opt for Rollover Shares…
Pakistan urged to establish dedicated cryptocurrency regulatory unit, develop digital currency
The Institute of Cost & Management Accountants of Pakistan (ICMAP) has recommended the creation of a dedicated regulatory unit within the Securities & Exchange Commission of Pakistan (SECP) or the State Bank of Pakistan (SBP), in collaboration with the Federal Board of Revenue (FBR), to oversee cryptocurrency regulations. The proposal aims to ensure inclusive and…
Stella-Jones acquires Locweld Inc., expands presence in steel transmission structure market
CANDIAC: Stella-Jones Inc. (TSX: SJ) announced Wednesday it has entered into a definitive agreement to acquire Locweld Inc., a leading manufacturer of lattice transmission towers and steel poles. The acquisition is expected to close later in the day. Locweld, which has been in operation for more than 75 years, employs approximately 220 people and serves customers in…
Redcentric appoints Michelle Senecal De Fonseca as CEO
LONDON: Redcentric announced Monday the immediate appointment of Michelle Senecal De Fonseca as chief executive officer. Senecal De Fonseca, who has served as a non-executive director of the company since February 2024, brings extensive experience in the technology sector. She previously held leadership roles at Vodafone as managing director of its Cloud and Hosting Services…
MHA Plc signs terms for €24 million acquisition of Baker Tilly South East Europe
LONDON: MHA Plc (AIM: MHA), a leading provider of audit and assurance, tax, accountancy, and advisory services, announced Wednesday that it has entered into a heads-of-terms agreement for the proposed acquisition of Baker Tilly South East Europe Holdings Limited (BTSEE) at a total maximum consideration of approximately €24 million. The announcement was made at the…
Ovoca Bio to acquire Tadeen International in reverse takeover
DUBLIN: Ovoca Bio PLC has entered into a conditional letter of intent to acquire 100% of U.K.-based Tadeen International Limited, which holds mineral exploration licenses in Morocco for copper and silver. The deal, structured as a reverse takeover under AIM rules, requires shareholder approval and the publication of an admission document. Ovoca appointed Beaumont Cornish…
Yari Minerals to acquire Rolleston South Coal Project in Queensland
SUBIAKO: Yari Minerals Limited (ASX: YAR) has entered a binding agreement to acquire the Rolleston South Coal Project, a highly prospective coal exploration asset in Queensland’s Bowen Basin. The deal includes an upfront and deferred share-based payment, with the potential to expand the project’s resource base. Key Details of the Acquisition – Resource Potential: The…
Jeffs’ Brands announces strategic transactions valued at up to $26 million
Jeffs’ Brands Ltd. (Nasdaq: JFBR, JFBRW), a data-driven e-commerce company operating on the Amazon Marketplace, has announced two significant transactions with public companies, collectively valuing its assets between $23.4 million and $26 million. The moves mark a major milestone in the company’s global expansion strategy. In a deal valued at approximately $11.8 million, Jeffs’ Brands entered…
Star Energy, Veolia partner to develop geothermal projects in UK
LONDON: Star Energy Group (AIM: STAR) has signed a memorandum of understanding with Veolia, Europe’s decarbonizing energy leader, to develop large-scale geothermal projects in the U.K., the companies announced Tuesday. The partnership aims to support the U.K.’s net-zero goals by harnessing geothermal energy, a constant and low-carbon heat source, to replace fossil fuels in district…
Mast Energy announces growth partnership, trading updates
LONDON: Mast Energy Developments (MED) announced updates Tuesday on its growth capital partnership with Powertree, trading revenues from its Pyebridge site and changes in significant shareholdings. The company finalized a binding investment agreement with Powertree (Holdings) Ltd, formalizing a long-term partnership to fund flexible power generation projects. Under the deal, Powertree will invest up to…
Mario Blazevic appointed interim managing director of Tietoevry Banking
OSLO: Mario Blazevic has been named interim managing director of Tietoevry Banking, effective Tuesday. He succeeds Endre Rangnes, who was appointed interim CEO of Tietoevry on May 5. Blazevic, 49, has been with Tietoevry since 2010, most recently serving as head of cards and transaction banking at Tietoevry Banking. Prior to that, he held multiple…