MSCI Inc. (NYSE: MSCI), one of the leading companies in the world in the investment sector that develops services and tools to support critical decision-making processes, has completed the acquisition of Foxberry, a London-based company that develops “front office” index technology for investors. “This acquisition marks the opening of new pathways to index innovation and…
Tag: acquisition
IFC to finance PTCL Group’s acquisition of Telenor Pakistan
Islamabad: The Board of Directors of the International Finance Corporation (IFC) has provided a go-ahead for financing to PTCL Group for the purchase of Telenor Pakistan. The decision follows PTCL Group’s signing of a share purchase agreement with Telenor Pakistan for the acquisition of a 100 percent stake in the company on a cash-free, debt-free basis. PTCL…
Entrust has completed the acquisition of Onfido
LONDON: Entrust has completed the acquisition of Onfido, a portfolio investment of the Augmentum Fintech plc (LSE: AUGM). Augmentum’s understanding of the terms of the transaction implies a valuation of the Company’s investment in Onfido at £10.1 million (30 September 2023: £9.7 million representing 3.6% of the value of the portfolio). Augmentum Fintech initially invested in…
SLB to acquire ChampionX Corporation in an all-stock transaction
HOUSTON: SLB (NYSE: SLB) and ChampionX Corporation (NASDAQ: CHX) announced today a definitive agreement for SLB to acquire ChampionX in an all-stock transaction. The agreement was unanimously approved by the ChampionX board of directors. According to the terms of the agreement, ChampionX shareholders will receive 0.735 ordinary shares of SLB in exchange for each share…
Australian Rare Earths agrees to acquire Valrico Resources Pty Ltd
SYDNEY, AUSTRALIA: Australian Rare Earths Limited (ASX: AR3) has announced a pivotal agreement to acquire Valrico Resources Pty Ltd, the proprietor of the Overland Uranium Project. This acquisition marks a significant enhancement to AR3’s portfolio, introducing a project alongside its rare earth explorations. The Overland Uranium Project, which spans an impressive 1,981 square kilometers in…
Gambling.com expands European footprint with Freebets.com acquisition
Gambling.com Group Limited (Nasdaq: GAMB) has successfully completed the acquisition of Freebets.com and associated assets. This acquisition is expected to significantly enhance the company’s revenue, with projections indicating an increase of approximately $10.0 million and an incremental Adjusted EBITDA of around $5.0 million for the remainder of 2024. Charles Gillespie, the CEO and Co-Founder of…
Accenture announces acquisition of Intellera Consulting in Italy
Accenture (NYSE: ACN) has announced the acquisition of Intellera Consulting, a leading Italian consultancy known for its innovative work in public administration and healthcare. This acquisition is a continuation of Accenture’s commitment to enhancing public services in Italy through digital and organizational transformation. Intellera Consulting, established in 2021 with headquarters in Rome and Milan, has…
Third Age Health completes acquisition of 70% of Hub Aged Care
AUCKLAND: Third Age Health Services Limited (NZX: TAH) confirmed the completion of due diligence and Board approval for its acquisition of 70% of Hub Aged Care, a Wellington-based primary care practice specialising in aged residential care services. This marks an important step in our efforts to expand our elder care offerings in the Lower North…
Pepper Money buys remaining 35% of Stratton Finance for $42 million
SYDNEY: Pepper Money Limited (ASX: PPM) has exercised the call option over the remaining 35% stake in Stratton Finance Pty Limited. As previously announced, Pepper Money completed the acquisition of the 65% interest in Stratton on 1 July 2022. At the same time, the parties also entered into a Put and Call Option in relation…
Vmoto acquires remaining 50% of Vmoto Soco Italy, appoints new executives
SYDNEY: Vmoto Limited has announced the full acquisition of Vmoto Soco Italy (VSI), purchasing the remaining 50% stake from European entrepreneurs Giovanni Castiglioni and Graziano Milone. This move increases Vmoto’s share to 100% and aligns with strategic objectives to enhance Italian operations, streamline distribution, and achieve cost savings. Established in 2018, VSI has become a…
Identidad acquires VoIP pioneer SwitchRay
Identidad, a leading telecommunications innovator, has officially acquired SwitchRay, a renowned VoIP solutions provider, previously managed by 46 Labs. The acquisition, effective March 8, 2024, positions Identidad to leverage SwitchRay’s advanced softswitch infrastructure to deliver superior customer support and expand its service offerings. Identidad, with over two decades of experience in VoIP, SMS A2P, and…
Alcoa Corporation signs scheme to acquire Alumina Limited
SYDNEY, AUSTRALIA: Alumina Limited has announced the signing of a Scheme Implementation Deed with Alcoa Corporation, paving the way for Alcoa to acquire all outstanding shares of Alumina. This transaction will see Alumina shareholders receive 0.02854 shares of Alcoa common stock for each share of Alumina, representing a 19.5% premium over the past year’s average…