LONDON – Mitie Group plc announced the acquisition of Forest Group Holdings (“Forest”), a specialist engineering business delivering critical refrigeration maintenance services, for a maximum cash consideration of £7m (comprising an initial payment of £4.5m and deferred payments of up to £2.5m over three years, linked to performance). Forest has over 30 years of experience,…
MELBOURNE – Helloworld Travel Ltd (ASX:HLO) said on Wednesday it has submitted a non-binding indicative proposal to acquire Webjet Group Ltd (ASX:WJL) for A$0.90 per share in cash, valuing the online travel agency at a significant premium to its recent trading levels. The offer represents a 31% premium to Webjet’s undisturbed closing price of A$0.685…
LONDON: British infrastructure investors HICL Infrastructure PLC (HICL.L) and The Renewables Infrastructure Group TRIG.L agreed to combine on Monday, forming the UK’s largest listed infrastructure investment company with net assets exceeding £5.3 billion ($6.7 billion). The all-share merger, structured as a reconstruction and voluntary winding-up of TRIG, aims to create a dominant player better positioned…
LONDON: FRP Advisory Group plc, a leading national specialist business advisory firm, announced the acquisition of Arc & Co Structured Finance Limited (“Arc & Co”) for a consideration of £6.0 million, plus an additional amount for the net assets acquired on completion of approximately £650,000 and a three-year performance based earn-out linked to profit in excess of…
SYDNEY: Scout Security Ltd. (ASX: SCT), a white-label security-as-a-service platform, announced Wednesday it has entered into a binding agreement to acquire New York-based DIY home security innovator Roo Inc. in a merger of equals. The deal, valued at approximately A$7.11 million, will combine Scout’s technology with Roo’s product suite, intellectual property, and distribution partnerships. The…
NEW YORK – Kimberly-Clark Corp said on Monday it has agreed to acquire consumer health company Kenvue in a cash-and-stock deal valued at $48.7 billion, a move that combines brands like Kleenex and Huggies with Band-Aid and Tylenol to create a consumer staples giant. The deal, one of the largest on Wall Street this year,…
TOKYO – Japan’s NEC Corporation (TSE: 6701) said on Wednesday it will acquire U.S.-based software company CSG Systems International, Inc. (NASDAQ: CSGS) for approximately $2.89 billion in cash, a move aimed at significantly expanding its footprint in the North American telecom technology market. The deal, one of the largest overseas acquisitions by a Japanese tech firm…
CHICAGO — Littelfuse, Inc. (LFUS) announced Wednesday it has reached a definitive agreement to acquire Basler Electric Company, a privately held manufacturer of electrical control and protection solutions, for approximately $350 million in cash. The deal, subject to customary adjustments, aims to expand Littelfuse’s reach in high-growth industrial markets such as grid and utility infrastructure,…
PARIS: Entertainment conglomerate Banijay Group announced Monday it has signed a binding agreement to acquire a majority stake in Tipico Group and combine it with its existing Betclic business, a move that will create a European leader in sports betting and online gaming. The deal, which values Betclic at €4.8 billion and Tipico at €4.6 billion,…
BRUSSELS: Belgium’s KBC Group (KBC.BR) has agreed to buy the Czech and Slovak units of Business Lease Group from Dutch rival AutoBinck Group (BINCK.AS) for 72 million euros ($77 million), the companies said on Thursday, in a move to significantly bolster its leasing operations in Central Europe. According to a stock filing, the acquisition is…
LONDON: Coca-Cola HBC AG has entered into a definitive sale and purchase agreement to acquire a 75% shareholding in Coca-Cola Beverages Africa Pty Ltd (CCBA) from The Coca-Cola Company and Gutsche Family Investments Pty Ltd (GFI) for a combined purchase price of US$2.6 billion, implying an equity value for 100% of CCBA of US$3.4 billion….
SYDNEY: Ardiden Limited (ASX:ADV) announced on Oct. 10, 2025, that it has entered into a binding agreement to acquire Lac Gold Limited, consolidating the two companies to create a leading Canadian gold exploration and development company. The transformational merger will combine Ardiden’s Pickle Lake Gold Project in Ontario with Lac Gold’s advanced-stage Rouyn Gold Project…