SYDNEY: Australian miner Lithium Energy Ltd (ASX:LEL) said on Thursday it has acquired the Mt Dromedary graphite project in Queensland for $2 million, consolidating a major high-grade resource as it studies building a battery anode material (BAM) plant. The acquisition from battery technology company NOVONIX Ltd (ASX:NVX) gives Lithium Energy 100% ownership of three adjacent projects…
Tag: acquisition
Oberon to acquire WH Ireland’s wealth management business for £1 million
LONDON: Oberon Investments Ltd, a boutique wealth management and corporate broking firm, said on Monday it has agreed to acquire the wealth management division of WH Ireland Ltd for £1 million in cash. The deal, structured as a conditional asset purchase agreement, is expected to transfer approximately £850 million in client assets under administration to…
Sword Group acquires Bubble Go to bolster nearshore IT capabilities
GENEVA: Sword Group has announced the acquisition of Bubble Go, a Geneva-based IT services firm with a nearshore platform in Lisbon, as part of its ongoing mergers and acquisitions strategy. Bubble Go specializes in high value-added IT services, primarily serving clients in the private banking and luxury sectors. The company employs more than 70 professionals…
Pluxee to acquire ProEves, the leading corporate childcare benefit player in India
PARIS: Pluxee, a global player in employee benefits and engagement, signed an agreement to acquire 100% of ProEves, an Indian corporate childcare benefit player. With this acquisition, Pluxee will continue to deliver on its strategic growth plan, enhancing its multi-benefit offering in this market. With over 3.5 million consumers in India, Pluxee is a leader…
Tavistock refocuses business on underserved UK consumers with Lifetime Financial Management acquisition
LONDON: Tavistock Investments has announced a strategic refocus of its business to target the “neglected 91%” of UK adults lacking access to full financial advice, following its acquisition of Lifetime Financial Management Intermediaries Limited. The move comes amid mounting regulatory pressures and rising operational costs that have made it commercially unsustainable for advisory firms to…
Phreesia to acquire AccessOne for $160 million, expanding patient payment capabilities
NEW YORK: Phreesia Inc. (NYSE: PHR), a leading provider of patient activation solutions, said Thursday it has agreed to acquire AccessOne Parent Holdings Inc., a healthcare receivables financing firm, for $160 million in cash. The deal, expected to close in the third or early fourth quarter of Phreesia’s fiscal 2026, is subject to regulatory approvals…
Cadence to acquire Hexagon’s D&E Business for €2.7 billion
SAN JOSE: Cadence Design Systems Inc. (Nasdaq: CDNS) said Thursday it has agreed to acquire the Design & Engineering business of Hexagon AB, including its MSC Software unit, in a €2.7 billion deal aimed at accelerating Cadence’s Intelligent System Design™ strategy and expanding its footprint in the structural analysis market. Under the terms of the…
COG Financial Services has agreed to acquire EasiFleet for $40 million
SYDNEY: COG Financial Services Ltd. (ASX: COG) has agreed to acquire EasiFleet Pty Ltd, a salary packaging and novated leasing provider, for $40 million through its subsidiary Paywise Pty Ltd. The deal values EasiFleet at six times its FY25 EBITDA on a post-synergies basis. The acquisition strengthens COG’s national footprint, adding government contracts across Western…
NRW Holdings to acquire Fredon Industries in $200 million deal, expanding infrastructure reach
SYDNEY: Australian engineering and mining services firm NRW Holdings Ltd (ASX:NWH) said on Tuesday it will acquire Fredon Industries Pty Ltd for up to A$200 million, adding a fourth strategic pillar to its operations and expanding its footprint in electrical, mechanical, infrastructure and technology services. The acquisition, structured as a debt-free, cash-free transaction, will be…
Intertek acquires Australia’s Envirolab to expand environmental testing footprint
LONDON: Intertek Group plc (ITRK.L), a global provider of Total Quality Assurance services, said on Monday it has acquired Envirolab, a leading environmental testing and analysis firm based in Australia, as part of its strategy to expand in high-growth sustainability markets. The deal gives Intertek access to Envirolab’s five laboratories across Australia and New Zealand,…
Apax Global Alpha reports interim results amid recommended acquisition by Janus Bidco
AGA’s NAV fell to €1.11 billion as of June 30, down from €1.23 billion at year-end 2024 LONDON: Apax Global Alpha Limited (AGA) reported a decline in net asset value (NAV) for the first half of 2025, as the private equity investment company prepares for a recommended cash acquisition by Janus Bidco Limited. AGA’s NAV…
Accenture to acquire NeuraFlash, expanding gen AI and salesforce capabilities
NEW YORK: Accenture (NYSE: ACN) said Thursday it has agreed to acquire NeuraFlash, a leading Salesforce and generative AI consulting firm, in a move to bolster its agentic AI and managed services offerings and expand its reach into mid-market industries globally. Based in Burlington, Massachusetts, NeuraFlash specializes in deploying agentic solutions across sales, service, and…