NEW YORK – Starr, a global investment and insurance organization, today announced that it has entered into a definitive agreement to acquire IQUW Group. The acquisition of IQUW Group will expand the classes of business that Starr underwrites and will position the combined company for growth across a broader range of global market segments. As…
Tag: Acquire
The word “acquire” is a verb that means to buy or obtain something for oneself, learn or develop a skill, or come to have something as a result of one’s behavior or activities.
GE Vernova to acquire remaining 50% stake of Prolec GE
CAMBRIDGE: GE Vernova Inc. (NYSE: GEV) will acquire the remaining 50% stake of Prolec GE, its unconsolidated joint venture with Xignux, further positioning GE Vernova as a global leader serving growing grid markets. The deal will accelerate GE Vernova’s Electrification segment’s growth trajectory, the company’s fastest-growing segment, by expanding its presence in and support for…
Eastern Metals to acquire Raptor Resources
SYDNEY: Eastern Metals Limited (ASX: EMS) announced Tuesday it has entered an agreement to acquire 100% of Raptor Resources Limited, an unlisted Australian exploration company with a portfolio of copper and gold assets in Canada and Western Australia. The transformational deal, outlined in a Bid Implementation Agreement, will see Eastern Metals issue securities to Raptor shareholders….
Vellox Group acquires ADSoftware to create unified aviation operations platform
NEW YORK: Vellox Group, a leader in aviation operations software, announced Thursday it has acquired French-based ADSoftware, a provider of CAMO and maintenance software. The acquisition expands Vellox’s platform into the maintenance domain, creating a single solution for aviation operators to manage flight operations and airworthiness. The company said this integration will eliminate operational silos…
Elton Manufacturing acquires Decatur Plastic Products
NORTH VERNON: Elton Manufacturing, a leading North American supplier of weatherstripping and windows for garage and entry doors, has acquired the assets of Decatur Plastic Products (DPP), a well-established injection molding company based in North Vernon, Indiana. The move marks a significant milestone in Elton’s 44-year history, signaling the company’s strategic expansion into the U.S….
Al Borg Scan acquires Cairo Ray for radiotherapy in EGP 400 million deal
LONDON: Integrated Diagnostics Holdings (IDH), a leading provider of diagnostic services in the Middle East and Africa, announced Thursday that its Egyptian subsidiary, Al Borg Scan, has acquired CAIRO RAY for Radiotherapy in a strategic EGP 400 million deal. The acquisition of the East Cairo-based facility marks a key step in IDH’s expansion into radiology…
Worthington Enterprises acquires Elgen Manufacturing for $93 million
COLUMBUS: Worthington Enterprises (NYSE: WOR) announced Wednesday it has acquired Elgen Manufacturing, a New Jersey-based producer of HVAC components, for approximately $93 million in cash. Elgen, headquartered in Closter, specializes in steel-based ductwork, framing and HVAC parts used in commercial buildings across North America. The company will join Worthington’s Building Products segment, broadening its offerings…
Dundee Precious Metals to acquire Adriatic Metals in $1.25 billion deal
LONDON: Dundee Precious Metals Inc. (DPM) has agreed to acquire Adriatic Metals Plc in a recommended cash and share deal valued at approximately $1.25 billion, the companies announced Friday. Under the terms of the transaction, Adriatic shareholders will receive 0.1590 of a new DPM share and 93 pence in cash for each Adriatic share. The offer values…
Hims & Hers to acquire European telehealth platform, Zava
SAN FRANCISCO: Hims & Hers Health announced Tuesday it will acquire European telehealth platform Zava as part of its push to expand globally. The deal, expected to close by mid-year, will broaden the company’s reach into Ireland, France and Germany, growing its active customer base by roughly 50%. Financial terms were not disclosed, but details will be…
Entertainment Partners acquires CASHét, payment solutions for film, TV productions
LOS ANGELES: Entertainment Partners, a global leader in payroll and financial management for the entertainment industry, announced Tuesday it has agreed to acquire CASHét Entertainment, LLC, a top provider of digital payment solutions for film and TV productions. The acquisition will enhance EP’s ability to offer faster, more accurate financial services to productions worldwide. CASHét’s…
Sagtec to acquire Smart Bridge in $17.6 million deal, expanding AI capabilities
HONG KONG: Sagtec Global Limited (NASDAQ: SAGT), a leading provider of customizable software solutions, announced Thursday it has signed a term sheet to acquire Smart Bridge Technology Limited, a fast-growing agentic AI software company, for approximately $17.6 million. The proposed deal, priced at roughly 10 times Smart Bridge’s price-to-earnings ratio, is pending a definitive agreement…
MariaDB acquires Codership Oy the developer of Galera Cluster
HELSINKI: MariaDB plc announced Tuesday the acquisition of Finland-based Codership Oy, the developer of Galera Cluster, a high availability database solution known for ensuring uptime, preventing data loss and scaling with database growth. As part of the deal, Codership’s core team, including its founders, will join MariaDB, expanding the company’s European engineering and technical support operations. Galera…