BIELEFELD – HgCapital Trust plc (HgT), today announces an investment of approximately £19 million in Diamant Software GmbH. HgT invests alongside other institutional clients of Hg, which is investing from its Hg Genesis Fund. These figures only relate to HgT’s share of Hg’s overall investment in Diamant Software. HgT, whose shares are listed on the…
Tag: investment
Eli Lilly to build $3 bln Dutch plant to boost output of weight-loss pill
AMSTERDAM – Eli Lilly and Co (LLY.N) said on Monday it will invest $3 billion to build a new manufacturing plant in the Netherlands, expanding capacity for its experimental weight-loss pill orforglipron and other oral treatments as it races to meet soaring demand. The Indianapolis-based drugmaker is ramping up production of its key metabolic drugs,…
Kansai Electric buys 80% stake in Simply Blue Energy
LONDON: Simply Blue Holdings, has signed a share subscription agreement with Kansai Electric Power Company, Incorporated, to acquire an 80% stake in Simply Blue Energy OSW Ltd, Simply Blue Group’s offshore wind development arm. The transaction follows the recent carve-out of Simply Blue’s sustainable fuels business into a newly formed entity, Nova Scotia Fuels, and represents…
Nvidia takes $1 billion stake in Nokia to collaborate on AI and 6G technology
HELSINKI — Nokia announced Tuesday that chipmaker Nvidia is acquiring a $1 billion stake in the Finnish networking company, a move that sent Nokia’s shares soaring and marks the latest in a series of strategic partnerships for the artificial intelligence giant. Under the deal, Nokia will issue more than 166 million new shares to Nvidia….
Saudi Arabia’s Almasar to Float 30% Stake in Tadawul IPO Following CMA Approval
RIYADH: Almasar, the Amanat Education platform, announced plans to proceed with an initial public offering (IPO) of 30,720,400 ordinary shares—representing 30% of its total issued share capital—on the Saudi Exchange (Tadawul), following regulatory clearance. The Capital Market Authority (CMA) of Saudi Arabia granted approval on Sept. 29, 2025, for the listing, marking a key milestone…
DYWIDAG to sell France’s TAM Groupe to Private Assets SE & Co.
MUNICH: DYWIDAG Systems International (DYWIDAG) has agreed to sell 100% of its shares in TAM Groupe, a French construction products maker, to German investment firm Private Assets SE & Co. KGaA, the companies said on Tuesday. The transaction, which is subject to closing conditions, is expected to be completed by early December 2025. TAM Groupe is…
Riverstone Energy to sell Onyx Power to ResInvest Group for $49 million
LONDON: Riverstone Energy Limited (REL) announced the proposed sale of 100% of its interest in Onyx Power to ResInvest Group, a privately owned trading and investment company, supplying key commodities for global markets. Onyx Power is a European-based independent power producer that owns and operates approximately 2,350 MW of gross installed capacity of coal-, gas-,…
Oakley Capital invests in premium padel equipment brand NOX
LONDON: Oakley Capital, a leading pan-European mid-market private equity investor, announced that Oakley Origin Fund II is investing in NOX, a premium padel equipment brand. Oakley is partnering with founder Jesús Ballvé and GPF Partners, who together will retain a significant minority stake in the business. Founded in 2008 in Barcelona, Spain, NOX has become…
Princes Group plans initial public offering on London Stock Exchange
LONDON: Princes Group, a leading international platform in the United Kingdom and European food and beverage sector, announces that it is considering an initial public offering (IPO). The company is considering applying for admission of its ordinary shares to the equity shares (ESCC) category of the official list of the FCA and to trading on…
Pacific Current Group sells Victory Park Capital stake to CNO Financial
MELBOURNE: Australia’s Pacific Current Group (PAC.AX) said on Thursday it has agreed to sell a portion of its stake in U.S.-based asset manager Victory Park Capital (VPC) to insurer CNO Financial Group (CNO.N) for $5.5 million. The deal involves the sale of 18% of PAC’s remaining 11.2% equity interest in VPC’s management company and a…
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…
Your roadmap to success: How to craft a business plan that attracts angel investors
For any aspiring entrepreneur, turning a brilliant idea into a thriving business requires more than just passion—it demands a strategic roadmap. This is where a well-crafted business plan comes in. A comprehensive plan is the foundation upon which you build your company, but it’s also a powerful tool for attracting the funding you need to…