SYDNEY – Australian explorer Summit Minerals Ltd said on Tuesday it agreed to acquire the historic Keystone polymetallic mine in Nevada, a site with documented high-grade silver and tungsten mineralization, as it seeks exposure to critical and precious metals. The ASX-listed company signed a binding heads of agreement to purchase 100% of the Keystone Project,…
Tag: acquisition
EPX bids to acquire Australian energy monitoring firm WattWatchers out of administration
SYDNEY: Australia-listed EPX Limited has submitted a proposal to acquire WattWatchers Pty Ltd, an energy data firm under voluntary administration, the company said in a statement on Tuesday. EPX has offered a Deed of Company Arrangement (DOCA) to buy WattWatchers, a move recommended by the administrators for creditor consideration. Creditors are set to vote on…
Milliman Inc acquires mortgage analytics firm MorVest to expand risk services
SEATTLE: Global consulting and actuarial firm Milliman, Inc. said on Tuesday it has acquired MorVest Capital, a provider of mortgage servicing rights (MSR) analytics and advisory services, in a move to bolster its offerings to the U.S. mortgage industry. The acquisition combines Milliman’s actuarial and consulting expertise with MorVest’s specialized platform for MSR valuation, financing,…
L’Oréal acquires additional 10% stake in Galderma Group
CLICHY – L’Oréal today announced the acquisition of an additional 10% in Galderma Group AG from a consortium led by EQT, which includes Sunshine SwissCo GmbH (SSCO), Abu Dhabi Investment Authority (ADIA), and Auba Investment Pte. Ltd. (all acting in coordination as sellers) for an undisclosed amount. The transaction brings L’Oréal ownership of Galderma’s share…
Australian miner Discovery Alaska to acquire Idaho gold-silver project in U.S. expansion push
OSBORNE PARK – Australian exploration firm Discovery Alaska Limited said on Monday it had signed a binding deal to acquire the Boulder Creek gold-silver project in Idaho, marking a strategic move to expand its U.S. portfolio amid record precious metal prices. The company, listed on the Australian Stock Exchange (ASX: DAF), executed a Heads of Agreement…
Fitch Learning has acquired Moody’s Analytics Learning Solutions and Canadian Securities Institute
NEW YORK – Fitch Learning has completed the acquisition of Moody’s Analytics Learning Solutions (MALS) and the Canadian Securities Institute (CSI). Terms of the transaction were not disclosed. MALS is a global provider of credit and digital learning, and CSI is a leading provider of certifications for the Canadian financial services industry. Fitch Learning, recognized…
ProMach expands food processing portfolio with acquisition of Germany’s DFT Technology GmbH
CINCINNATI: ProMach, a global leader in packaging and processing solutions, announced on [Date] the acquisition of DFT Technology GmbH, a German specialist in thermal treatment and sterilization systems for the food industry. The move significantly strengthens ProMach’s position in the retort and sterilization equipment market. DFT, founded in 2000 and based in Neumünster, Germany, is…
Beijer Ref to acquire Refspecs, a HVAC/R wholesaler in New Zealand
STOCKHOLM: Beijer Ref has signed an agreement to acquire Refspecs, a HVAC/R wholesaler in New Zealand with an annual turnover of approximately SEK 100 million. Founded in 2010, Refspecs is headquartered in Auckland and operates five branches. The company will continue to operate under its own brand. The acquisition is expected to have a minor…
Halma Plc has acquired E2S Group for £230 million
LONDON: Halma Plc, the global group of life-saving technology companies focused on growing a safer, cleaner, healthier future for everyone, every day, today announced that it has acquired E2S Group Ltd (E2S). Founded in 1992, E2S designs, develops and manufactures high performance notification, initiation and detection devices primarily used in highly hazardous environments in heavy…
BetMakers to acquire Las Vegas Dissemination Company in U.S. market push
SYDNEY: Australian wagering technology firm BetMakers Technology Group Ltd has signed a definitive agreement to acquire certain assets and liabilities of the Las Vegas Dissemination Company, the company announced on Thursday. The acquisition is designed to give BetMakers direct access to major U.S. casino operators and Nevada wagering customers, strengthening its foothold in the United…
Bendigo and Adelaide Bank strikes deal to buy RACQ Bank’s retail business
SYDNEY – Bendigo and Adelaide Bank (BEN.AX) announced an agreement to acquire the retail lending assets and deposits of RACQ Bank, a move aimed at boosting its geographic diversity and shareholder returns. The deal, subject to regulatory approval, involves the transfer of about A$2.7 billion ($1.8 billion) in retail loans and A$2.5 billion in retail deposits…
Australian software firm Nuix to acquire France’s Linkurious in €20 million deal
SYDNEY – Australian investigative analytics software maker Nuix Ltd (NXL.AX) said on Wednesday it has agreed to acquire French graph intelligence firm Linkurious for a maximum enterprise value of €20 million ($35.4 million), aiming to bolster its data visualisation and artificial intelligence capabilities. The acquisition of Linkurious, a Paris-based provider of a graph-powered AI decision…