Gumtree offloads capital markets arm to ADVFN in $6.8 million deal to sharpen marketplace focus

PERTH: Gumtree Australia Markets Ltd. (ASX: GUM) has signed a binding agreement to sell its capital markets businesses—HotCopper in Australia and Stockhouse in Canada—to ADVFN Ltd. for $6.8 million in…

NNR June 30, 2025

London Stock Exchange

Polar Capital CEO Gavin Rochussen to retire; Iain Evans named successor

LONDON: Polar Capital Holdings plc announced Monday that Chief Executive Officer Gavin Rochussen will retire later this year, ending an eight-year tenure during which the firm’s assets under management more…

NNR June 30, 2025

Wire

McGraw Hill files for U.S. IPO

McGraw Hill, a leading textbook publisher and educational course provider owned by billionaire Tom Gores’ Platinum Equity, filed for an initial public offering (IPO) in the U.S. on Friday, according…

NNR June 27, 2025

Australian Exchange

Super Link to acquire all assets of Multistack International

SYDNEY: Multistack International Limited (ASX: MSI) announced Friday that it plans to sell all assets and liabilities to Super Link Company Limited, marking an end to its current operations amid…

NNR June 27, 2025

Indices and commodities

Dow Jones edges higher as Iran tensions cool; Fed rate cut hopes linger

Fed Rate Cut Speculation and Iran Diplomacy to Dictate Dow Jones Momentum Next Week The Dow Jones Industrial Average (DJI) inched upward Friday, gaining 0.1% as easing Middle East tensions and renewed…

NNR June 20, 2025

Wire

QXO proposes $5 billion all-cash acquisition of GMS Inc. at 27% premium

NEW YORK: QXO, Inc. (NYSE: QXO) announced Thursday it has submitted a proposal to acquire all outstanding shares of GMS Inc. (NYSE: GMS) in an all-cash transaction valued at approximately…

NNR June 19, 2025

London Stock Exchange

Fidelity European Trust and Henderson European Trust agree to £2.1 billion combination

LONDON: Fidelity European Trust PLC (FEV) and Henderson European Trust PLC (HET) announced Thursday they have agreed to combine in a deal that will create the U.K.’s largest closed-ended investment…

Bernice Miles June 19, 2025

London Stock Exchange

Pinewood.AI to acquire Lithia’s stake in North American JV in $76.5 million deal

LONDON: Pinewood.AI, a leading cloud-based software provider for the automotive retail sector, has agreed to acquire Lithia UK Holdings Limited’s 51% stake in Pinewood North America LLC for $76.5 million,…

Ali Mirza June 6, 2025

London Stock Exchange

Bigblu Broadband to sell Australian subsidiary, SkyMesh, for AUD 50.2 million

LONDON: Bigblu Broadband plc (AIM: BBB.L) has announced plans to sell its Australian subsidiary, SkyMesh Pty Ltd, to SKM Telecommunication Services Pty Ltd, a new company set up by Salter…

NNR December 2, 2024

London Stock Exchange

Tavistock’s Strategic Shift: £22 million sale to Saltus and ABP acquisition

LONDON: Tavistock Investments has successfully received £22.0 million from the sale of its network of self-employed registered individuals to The Saltus Partnership Holdings LLP. This deal, announced in October 2024,…

NNR December 2, 2024

Euronext

Airbus and TotalEnergies join forces to decarbonize aviation with sustainable fuels

PARIS, FRANCE: Airbus and TotalEnergies have announced a strategic partnership to develop and supply sustainable aviation fuels (SAF) for the aviation industry. The partnership aims to help achieve net carbon…

NNR February 21, 2024

Australian Exchange

Technology One reports record results and optimistic outlook

SYDNEY, AUSTRALIA: Technology One Ltd (ASX: TNE), a leading provider of enterprise software solutions, today conducted its Annual General Meeting and announced its financial results for the fiscal year 2023.…

NNR February 21, 2024