PERTH: Capricorn Metals Ltd. (ASX: CMM) announced Thursday that it has entered into a binding agreement to acquire the Kings Find Project, a highly prospective gold exploration tenement located in Western Australia’s Murchison region. The project, covering approximately 54 square kilometers, is contiguous to the northern boundary of Capricorn’s existing Mt Gibson Gold Project (MGGP). The acquisition,…
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Sika expands UK roofing market with acquisition of Cromar Building Products
Sika, a global specialty chemicals company, has announced the acquisition of Cromar Building Products, a prominent supplier of roofing systems in the United Kingdom. The acquisition is expected to open up significant cross-selling opportunities and support Sika’s continued expansion in the UK roofing sector. Cromar is well-known for its innovative product offerings, technical expertise, and exceptional…
Bending Spoons completes acquisition of Brightcove Inc for $233 million
BOSTON: Bending Spoons, an Italy-based technology company, has finalized its acquisition of U.S.-based streaming technology firm Brightcove Inc. (NASDAQ: BCOV) in an all-cash transaction valued at approximately $233 million, or $4.45 per share. The definitive acquisition agreement was signed in November 2024. Luca Ferrari, CEO and co-founder of Bending Spoons, expressed enthusiasm about the acquisition. “It’s with…
Resolution Life announces acquisition by Nippon Life
LONDON: Resolution Life, a global life insurance group, announces that Nippon Life Insurance Company will acquire 100% of the company for $8.2 billion, valuing it at $10.6 billion. After the acquisition, Resolution Life’s business in the US, UK, Bermuda, and Singapore will become a subsidiary of Nippon Life. Meanwhile, Resolution Life’s Australasian business will merge…
Northern Star to acquire De Grey Mining for $5 billion
SYDNEY: Northern Star Resources Ltd and De Grey Mining Ltd have agreed to merge in a deal valued at approximately $5 billion. Under this arrangement, Northern Star will acquire all shares of De Grey, including its flagship Hemi gold project in Western Australia. Hemi is one of the largest undeveloped gold projects globally, with significant…
Malin Corporation announces Poseida Therapeutics’ acquisition by Roche
LONDON: Malin Corporation plc (Euronext Growth Dublin: MLC), a company investing in innovative life sciences, announced that its investee company, Poseida Therapeutics, Inc. (NASDAQ: PSTX), will be acquired by Roche Holdings, Inc. at $9.00 per share in cash, plus up to $4.00 per share in contingent payments upon achieving certain milestones. Malin, holding approximately 12%…
Steadfast Group expands in London market with H.W. Wood acquisition
SYDNEY: Steadfast Group has announced its acquisition of H.W. Wood Limited and HWI France, expanding its capabilities in the London market. H.W. Wood, established in 1982 and a Lloyd’s broker since 2003, is a well-known independent insurance broker based in London. The company provides wholesale, retail, and reinsurance solutions in areas such as international marine…
Homerun Resources signs exclusivity agreement to acquire Silica Mineral Rights
VANCOUVER: Homerun Resources Inc. (TSXV: HMR) has signed an exclusivity agreement dated June 10th, 2024, for the acquisition of silica sand mineral rights in the municipality of Taperoá, Bahia, Brazil. The agreement comprises the mining rights 870.335/2022, 871.743/2016, 872.794/2015 and 870.051/2024 before the ANM (National Mining Agency, currently held by a local citizen, directly and…
ShopOne Centers REIT expands Atlanta portfolio with Publix at Mt. Zion acquisition
NEW YORK: ShopOne Centers REIT Inc., in collaboration with joint venture partners Pantheon and a prominent global institutional investor, has announced the acquisition of the Publix at Mt. Zion shopping center in Morrow, Georgia. This marks the fourth grocery-anchored neighborhood shopping center acquired by the joint venture within the Atlanta Metropolitan Statistical Area (MSA). “We…
PetroTal announces acquisition of Block 131 in Peru
HOUSTON: In a significant expansion of its operations, PetroTal Corp. has announced the successful execution of an agreement to acquire CEPSA Peruana, S.A.C., thereby securing a 100% working interest in the Los Angeles field within Peru’s Block 131. The $5.0 million cash deal marks PetroTal’s first acquisition since its Peruvian debut in 2017 and represents…
Pathfinder Minerals announces strategic acquisition of Rome Resources Ltd
LONDON: Pathfinder Minerals PLC (AIM: PFP) has declared its conditional agreement to acquire Rome Resources Ltd. This transaction, announced on May 7, 2024, follows Pathfinder’s initial statement made on November 29, 2023. The acquisition process, termed as the “Arrangement,” is set to be executed through a court-sanctioned plan of arrangement in accordance with the British…
Supermarket Income REIT announces acquisition of Carrefour Supermarket portfolio in France
LONDON: Supermarket Income REIT plc (LSE: SUPR), the real estate investment trust providing secure, inflation-linked, long income from grocery property, announced the acquisition of a portfolio of Carrefour supermarkets in France through a sale and leaseback transaction (“SLB”), for a total purchase price of €75.3 million (excluding acquisition costs), reflecting a net initial yield of…