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…
Tag: acquisition
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…
Finsight Group has acquired T-REX cloud-native platform
Finsight Group Inc., a financial technology company announced the acquisition of T-REX, a cloud-native platform engineered to accurately model and manage the most complex investments across private credit, structured credit, and project finance. Along with the acquisition, FINSIGHT is excited to welcome Benjamin Cohen, T-REX Founder and CEO, Arad Shaiber, CTO, as well as key…
Frugl Group has acquired Trienpont International
SYDNEY: Frugl Group Limited, soon to be known as InFocus Group Limited, has officially announced the successful acquisition of Trienpont International Co. Ltd. This strategic acquisition includes all of Trienpont’s business assets and is expected to significantly broaden the operational scope of InFocus Analytics. The integration of Trienpont International into the InFocus portfolio heralds a…
Sibelco has acquired Strategic Materials Inc. in North America
Sibelco, a global leader in material solutions and the top glass recycler in Europe, has announced the acquisition of Strategic Materials, Inc. (SMI), North America’s premier glass recycling company. SMI boasts a vast network across the United States, Canada, and Mexico, processing a diverse range of glass materials to produce cullet for various industries. This…
Aristocrat Leisure to complete NeoGames acquisition by April 26, 2024
SYDNEY: Aristocrat Leisure Limited (ASX:ALL) notified that all necessary gaming regulatory pre-approvals required for the completion of its proposed acquisition of NeoGames S.A. have been received or waived. In addition, all antitrust and foreign investment regulatory clearances have been received. This marks a further step towards completion of the Acquisition, before the final NeoGames shareholder…