LONDON: Honye Financial Services Ltd (LSE: HOYE) announced Wednesday it has agreed to acquire London-based FinTech firm Zoyo Capital Limited in a share-based deal valued at £26 million. Under conditional agreements, Honye will acquire the entire issued share capital of Zoyo. The consideration will be satisfied entirely through the issuance of 113,043,478 new Honye ordinary…
Tag: acquisition
Norcros Plc acquires Norway’s Fibo Group in NOK 618 million deal
LONDON: In a strategic move to boost its presence in high-growth European bathroom segments, UK-based Norcros plc has announced its agreement to acquire the entire issued share capital of Norway’s Fibo Holding AS from private equity firm FSN Capital. The transaction carries an enterprise value of NOK 618 million (approximately £45 million) and is subject…
Longevity Health merges with THPlasma in all-stock deal, targets plasma shortage
NEW YORK: Longevity Health Holdings, Inc. (Nasdaq: XAGE), a company focused on human longevity and healthy aging, announced Tuesday the execution of a definitive agreement to merge with True Health Inc., operator of the THPlasma brand, in an all-stock transaction. The combined company is expected to continue trading on Nasdaq under the ticker “XAGE” after…
Pacific Equity Partners to acquire Johns Lyng Group in $1.1 billion takeover
MELBOURNE: Building services firm Johns Lyng Group Limited (ASX: JLG) announced Friday it has entered into a binding agreement to be acquired by funds managed by Pacific Equity Partners (PEP) in a deal valuing JLG’s equity at approximately $1.1 billion. Under the Scheme Implementation Deed, Sherwood BidCo Pty Ltd — a PEP-controlled entity — will…
Boyd Gaming to sell FanDuel stake to Flutter for $1.76 billion
Boyd Gaming Corp. will sell its 5% equity stake in FanDuel Group to Flutter Entertainment in a deal valued at approximately $1.76 billion, the companies announced Thursday. The transaction, expected to close in the third quarter of 2025, would give Flutter full ownership of FanDuel, a U.S. sports betting giant, at an implied valuation of…
Alpaca to acquire WealthKernel in move to expand global brokerage infrastructure
LONDON: Alpaca, a self-clearing broker-dealer and brokerage infrastructure API, announced Thursday its planned acquisition of WealthKernel, a U.K.-based wealthtech firm specializing in digital investment infrastructure and tax-advantaged products. The deal will expand Alpaca’s global reach by integrating WealthKernel’s U.K. and EU-regulated brokerage services. The acquisition enables Alpaca to offer licensed brokerage services in Europe, supporting its…
Brillian UK’s acquisition of Trakm8 Holdings secures court approval
LONDON: The High Court of Justice in England and Wales has sanctioned the proposed acquisition of Trakm8 Holdings plc by Brillian UK Limited, clearing the way for the deal to become effective next week. The acquisition, first announced on May 1, 2025, involves Brillian UK—a company within the Omegro portfolio and wholly owned indirectly by…
Shift4 acquires Global Blue, expanding global commerce reach
ZURICH: Shift4 Payments, Inc. (NYSE: FOUR), a leader in integrated payments and commerce technology, has successfully completed its acquisition of Global Blue Group Holding AG (NYSE: GB), a leading provider of tax-free shopping and dynamic currency conversion solutions. The deal, valued at $7.50 per share, solidifies Shift4’s position as a global unified commerce provider. The tender offer, which expired…
Chesnara Plc to acquire HSBC Life (UK) in £260 million deal
LONDON: Chesnara plc announced Thursday it has agreed to acquire HSBC Life (UK) Limited from HSBC Bank plc for £260 million, in a transaction that marks the UK life insurer’s largest acquisition to date. The deal is expected to significantly expand Chesnara’s scale in the United Kingdom, adding approximately £4 billion in assets under administration…
ADVFN Plc acquires Capital Markets Group, expands retail investor reach
LONDON: ADVFN PLC (AFN:JPJ) announced Monday the acquisition of the Capital Markets Group, which includes two major investor engagement platforms: Stockhouse in Canada and HotCopper in Australia. The London-based financial information company said the deal strengthens its position in the small-cap investor space, combining one of the largest retail investor communities in both markets. As…
Civmec to acquire Luerssen Australia in $20 million deal, bolstering sovereign shipbuilding capability
PERTH: Civmec Limited has signed a binding agreement to acquire full ownership of Luerssen Australia Pty Ltd from NVL Australia GmbH for AUD 20 million in cash, in a strategic move to consolidate its position as a leading sovereign Australian shipbuilder. The acquisition, scheduled to close by July 1, 2025, will transfer all assets, employees…
Powder Monkey expands Australasian portfolio with acquisition of Akasha and Wayward Brewing
Akasha and Wayward Brewing, Powder Monkey , Expands Australasian Portfolio , Acquisition , LONDON: Powder Monkey Group LLC (JP Jenkins PMGL:JPJ) has reached a preliminary agreement to acquire the Australian businesses of Akasha and Wayward Brewing, including selected assets and retail operations, the company announced. The deal will integrate the two renowned craft beer brands…