LONDON: OLX Group (OLX), a global online classifieds leader wholly-owned by Prosus, today announced it has entered into an agreement to acquire La Centrale, a leading French autos classifieds platform, from Providence Equity Partners L.L.C. for EUR1.1 billion. Closing is expected by year-end, subject to a customary employee consultation process. OLX operates fast-growing and…
LOS ANGELES: Genstore, a rising startup redefining online retail through AI-native architecture, has closed a $10 million seed funding round led by Weimob, a prominent SaaS player in the e-commerce and retail space. Lighthouse Founders’ Fund also participated in the round, marking Genstore’s first capital raise since its founding in late 2024. The funding…
LONDON: Hellenic Telecommunications Organization S.A. (OTE) has signed binding agreements with Vodafone Romania S.A. and Digi Romania S.A. for the disposal of its 100% stake in Telekom Romania Mobile Communications (TKRM) following the approval by the Romanian Competition Commission in July 2025. Accordingly, TKRM will transfer to Digi the prepaid business, certain spectrum rights…
PARIS: Umalis Group, specialist in wage portage, announced the signing of a strategic partnership with Bizme.fr, the only freelancing platform fully powered by artificial intelligence (AI) and integrating ChatGPT-5. The partnership aims to: Thanks to the integration of this AI module — set to be deployed by the end of the month — Bizme.fr…
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…
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,…
For the first six months of 2025, WPP’s revenue dropped to £6.66 billion, a 7.8% decrease LONDON: WPP Plc, one of the world’s largest advertising and marketing services companies, reported a challenging first half of 2025, with declines across key financial metrics as a result of client spending pressures and a slower new business…
PARIS: Bureau Veritas has stepped up its portfolio diversification strategy with three acquisitions designed to strengthen its presence across high-growth technical sectors. The global Testing, Inspection, and Certification (TIC) firm announced agreements to acquire specialized companies in Germany, Denmark, and South Korea, aligning with its LEAP I 28 growth strategy. Bureau Veritas will acquire…
LONDON: British food business Hilton Food Group said on Tuesday it has agreed to sell a stake in its supplier management platform, Foods Connected, to the Apax Global Impact Fund for £22 million ($28 mln), marking a strategic step to scale the technology-led platform. The Apax Global Impact Fund, advised by private equity firm…
PARIS: Capgemini (Euronext Paris: CAP), a global leader in business and technology transformation, has entered into a definitive agreement to acquire WNS (NYSE: WNS), a top digital-led business process services firm, for $76.50 per share in cash, valuing the deal at approximately $3.3 billion. The transaction, approved by both companies’ boards, represents a 28%…
AMSTERDAM: Sia, a next-generation global consulting group, has acquired Precedence, a Netherlands-based consultancy specializing in AI-driven transformation, in a move that strengthens its presence in the Benelux region and accelerates its European growth strategy. The acquisition follows a strategic minority investment of up to €250 million by Blackstone, the world’s largest alternative asset manager,…
SYDNEY: Objective Corporation (ASX:OCL), a leading provider of GovTech software, announced today it has signed a definitive agreement to acquire Isovist, a specialist in GIS-based e-planning solutions for local governments in Australia and New Zealand. The acquisition, valued at NZ$5 million, aims to enhance Objective’s capabilities in the planning and building sector while accelerating…