LONDON: Cicor Technologies Ltd has sweetened its bid for TT Electronics plc, introducing a final all-cash option alongside a share alternative, in a move aimed at addressing shareholder concerns over holding Swiss-listed stock. Under the revised terms, TT shareholders can receive 150 pence in cash per share or elect to take 0.0084 new Cicor shares,…
LOS ANGELES — Archer Aviation Inc. (NYSE: ACHR) on Thursday reported third-quarter results and unveiled a series of strategic moves aimed at accelerating its advanced air mobility ambitions, including the acquisition of Hawthorne Airport for LA air taxi network and a $650 million equity raise. CEO Adam Goldstein said the company is “not waiting for…
The company reported FY25 revenue of NZ$948 million, down 10.9% SYDNEY: Vulcan Steel Ltd (ASX/NZX: VSL) said on Tuesday it will acquire New Zealand-based Roofing Industries Ltd for NZ$88 million, marking its twelfth acquisition since 1995 and expanding its footprint into the steel roofing and cladding segment. The deal, which includes associated businesses Ribline Steel,…
LONDON, UK: Superdry Plc has unveiled a comprehensive package of measures aimed at revitalizing its operations and ensuring long-term success. The fashion retailer is set to implement a significant restructuring plan, raise equity, and delist from the London Stock Exchange. Peter Sjӧlander, Superdry Plc Chairman, commented: “The Board has spent a lot of time engaging…
LONDON: Upper Thames Holdings announced several significant developments today that will see a move towards an exciting future into the global Blockchain sector. Excluding derivatives, the global crypto currency markets are now around USD1.5 trillion dollars. To put this in context there are only 16 stock exchanges in the world with a value over USD1…