SYDNEY- Australian debt collection technology firm Credit Clear Limited CCR.AX said on Thursday it has agreed to buy software-as-a-service (SaaS) collections business DTS for A$7.75 million ($5.1 million) in cash, aiming to expand its digital platform and geographic footprint. The acquisition of Illion Digital Tech Solutions Holdings Limited (DTS), a unit of Experian New…
NEW YORK – Royalty Pharma plc said on Tuesday it acquired a royalty interest in two of Nuvalent Inc’s experimental lung cancer therapies for up to $315 million, betting on the drugs’ multi-billion dollar sales potential. The deal gives the royalty investment firm a low-single-digit percentage of worldwide net sales for neladalkib and zidesamtinib,…
ZURICH – Swiss chemicals group Sika AG (SIKA.S) has agreed to acquire Swedish mortar and construction solutions maker Finja, the companies said on Monday, in a move to strengthen its footprint in the Nordic region. The acquisition of the family-owned firm, founded in 1957, will bolster Sika’s product portfolio and distribution network in Sweden,…
SYDNEY – Australian mining giant Fortescue Ltd (ASX: FMG) has entered a binding agreement to acquire the remaining 64% of Canadian miner Alta Copper Corp. (TSX: ATCU) it does not already own for C$1.40 per share in cash, the companies announced on Monday. The all-cash transaction values Alta Copper’s total equity at approximately C$139…
STOCKHOLM: OEM International has today signed an agreement to acquire 100% of the shares in Multicomponent Norden AB. Multicomponent is a distributor of electronic components to electronics and appliance manufacturers across several sectors. The customer offering consists of standardized and custom components from leading manufacturers, primarily based in Asia. The company has annual sales…
BRUSSELS: Belgium-based building materials giant TITAN Group said on Thursday it has agreed to acquire Tragim Cement in the greater Istanbul market for about $190 million, expanding its footprint in one of Turkey’s most dynamic construction regions. The deal for 100% of Tragim Çimento Sanayi ve Ticaret Anonim Şirketi includes a modern integrated cement…
SYDNEY – Australia’s Flight Centre Travel Group said on Wednesday it agreed to acquire British online cruise agency Iglu for up to 127 million pounds ($155 million), accelerating its push into the high-margin global cruise market. The travel agency group will pay 100 million pounds upfront and up to 27 million pounds in performance-linked…
BRUSSELS: Belgian insurer Ageas will acquire the remaining 25% stake in its domestic subsidiary AG Insurance from BNP Paribas Fortis for 1.9 billion euros ($2.04 billion), taking full ownership of the market leader and raising its strategic financial targets. The deal, expected to close in the second quarter of 2026 pending regulatory approvals, accelerates…
NEW YORK – In a move that marks a tectonic shift for the entertainment industry, Netflix has triumphed in a fierce bidding war to acquire the crown jewels of Warner Bros. Discovery. The $72 billion deal, announced Friday, sees the streaming pioneer pivot from its historic “build, not buy” ethos to become the steward…
NEW YORK – ITT Inc (NYSE: ITT) has agreed to acquire equipment maker SPX FLOW from private equity firm Lone Star Funds for $4.775 billion in cash and equity, a move that significantly expands its engineered components and process technology business. The deal, valued at 14.2 times SPX FLOW’s forecast 2026 adjusted core earnings…