SYDNEY: TrivarX Ltd (ASX: TRI) said on Thursday it will acquire the intellectual property for Stabl-Im™, a novel brain cancer imaging technology, from Australian biotech firm Nucleics Pty Ltd, in a deal aimed at expanding its diagnostics portfolio into neuro-oncology. The Perth and Minneapolis-based company has entered a binding option agreement to acquire 100%…
LONDON: Petershill Partners has entered into an agreement for the sale of the majority of its non-controlling equity stake in Industry Ventures. The sale arises from a full sale of Industry Ventures, led by its management team, to The Goldman Sachs Group, Inc. “Goldman Sachs” (NYSE: GS), as announced by Goldman Sachs after US…
PERTH: SRG Global Ltd (ASX: SRG) announced Wednesday it has entered into a binding agreement to acquire 100% of Total AMS Pty Ltd (TAMS), a leading marine infrastructure services provider, for $85 million. The acquisition, structured on a cash-free, debt-free basis, is expected to be significantly accretive to SRG Global’s earnings. The deal implies…
PERTH: Canadian uranium developer IsoEnergy Ltd. has agreed to acquire Australian counterpart Toro Energy Ltd. in an all-share deal that aims to create a diversified uranium company with assets across top-tier mining jurisdictions, the companies announced on Sunday. Under the terms of the scheme implementation deed, Toro shareholders will receive 0.036 of an IsoEnergy…
LONDON: Sintana Energy Inc. (TSXV: SEI) (OTCQX: SNNAF) and Challenger Energy Group PLC (AIM: CEG) announced Wednesday they have reached an agreement on a recommended all-share offer by which Sintana will acquire the entire issued share capital of Challenger. The acquisition, valued at approximately £45 million (C$84 million), will be effected through a Court-sanctioned…
BRUSSELS: Fagron, a global leader in pharmaceutical compounding, reported a 6.4% increase in third-quarter revenue, reaching €228.2 million, and reaffirmed its full-year guidance amid continued momentum across regions and business lines. Organic growth at constant exchange rates (CER) rose 10.3%, or 8.5% on a normalized basis, with 5.7% growth including the impact of GLP-1-related…
ATLANTA: Wynnchurch Capital, L.P., a middle-market private equity firm based in Rosemont, Illinois, announced Thursday the sale of Clyde Industries, a leading manufacturer of sootblowers and boiler efficiency solutions headquartered in Atlanta. Wynnchurch acquired Clyde in 2019 through a corporate carve-out from Clyde Bergemann Power Group. Over the course of the investment, the firm…
SoftBank Group Corp. said Monday it has agreed to acquire the robotics division of Swiss engineering giant ABB Ltd. for $5.4 billion, marking a major step in the Japanese conglomerate’s effort to expand its footprint in artificial intelligence. The deal, which remains subject to global regulatory approvals, will halt ABB’s previously announced plan to…
STOCKHOLM: Fragbite Group AB has today signed an agreement to divest all its shares in subsidiary Playdigious SAS for a consideration of EUR 10.5 million, corresponding to approximately SEK 115 million, on a cash-free, debt-free basis. The net consideration is paid in cash. In addition, Fragbite Group obtains 90 percent of the net revenue…
GREENSBORO: Canter Power Systems, a Generac Power Premier Pro dealer and one of the largest independent residential backup generator providers in the U.S., has acquired Optimize Generator People, a leading Louisiana-based installer and service provider of home standby generators. This marks Canter’s sixth strategic acquisition since partnering with Rotunda Capital Partners in 2021. Founded…
SAN FRANCISCO: Digital analytics firm Mixpanel said on Tuesday it has acquired DoubleLoop, a startup specializing in AI-powered business value frameworks, as it seeks to help companies quickly identify key growth drivers. The deal aims to integrate DoubleLoop’s artificial intelligence technology directly into Mixpanel’s platform, accelerating how product and marketing teams connect their daily…