SYDNEY: Australian media companies Seven West Media Ltd (SWM.AX) and Southern Cross Media Group Ltd (SXL.AX) on Tuesday announced an all-scrip merger agreement to create a leading integrated media platform, aiming to better compete for advertising revenue in a fragmented market. Under the terms of the deal, Southern Cross Media (SCA) will acquire all shares…
Company made a net profit attributable to shareholders of $343 million in H1 2025, compared to a loss a year earlier AMSTERDAM: Fertilizer maker OCI Global reported a net profit for the first half of 2025, driven by a major asset sale, but its core European nitrogen business faced pressure from rising gas prices and plant…
LONDON: Anglo American plc and Teck Resources Limited have reached an agreement to combine the two companies in a merger of equals to form the Anglo Teck group, a global critical minerals champion and top five global copper producer, headquartered in Canada and expected to offer investors more than 70% exposure to copper. Both Anglo…
DALLAS: AleraCare and PURE Healthcare, two leading providers of infusion and specialty pharmacy services, announced Thursday that they have entered into a definitive merger agreement. The merger aims to expand access to high-quality patient care and lower the overall cost of healthcare for individuals with complex chronic and autoimmune conditions. Terms of the transaction were…
LONDON: Laumann Group UK Limited, a subsidiary of the German building products giant Laumann Stiftung & Co. KG, announced Thursday a recommended cash acquisition of Epwin Group plc for approximately £167.3 million. The deal, which values each Epwin share at 120 pence, is intended to be implemented through a court-sanctioned scheme of arrangement. The acquisition…
NEW YORK: Longevity Health Holdings, Inc. (Nasdaq: XAGE), a company focused on human longevity and healthy aging, announced Tuesday the execution of a definitive agreement to merge with True Health Inc., operator of the THPlasma brand, in an all-stock transaction. The combined company is expected to continue trading on Nasdaq under the ticker “XAGE” after…
STIRLING: Duxton Farms Ltd (ASX: DXF) unveiled plans Thursday for a strategic merger with four private agricultural companies, a fully underwritten institutional placement, and a special dividend following the recent sale of its Kentucky property. Key Highlights: The merger accelerates Duxton Farms’ expansion into higher-yield agricultural sectors, including permanent horticulture and viticulture. The combined entity…
LONDON: European Assets Trust PLC (“EAT”) and The European Smaller Companies Trust PLC (“ESCT”) have agreed to combine in a deal expected to create one of Europe’s largest small-cap investment trusts, with net assets of approximately £780 million. The transaction, structured as a scheme of reconstruction under the U.K. Insolvency Act 1986, will allow EAT…
LONDON: Rosebank announced Thursday the acquisition of U.S.-based Electrical Components International (ECI), a market leader in critical electrical distribution systems, in a deal financed through debt facilities and a fully underwritten institutional capital raise of approximately £1.14 billion ($1.45 billion). The acquisition, Rosebank’s first under its “Buy, Improve, Sell” strategy, aims to enhance shareholder value…
BELMONT: Piedmont Lithium Inc. (Nasdaq: PLL; ASX: PLL) and Sayona Mining Limited revealed plans Tuesday to rename their merged entity Elevra Lithium and announced nominees for the combined company’s board of directors. The merger, first proposed in November 2024, aims to create a leading global lithium business focused on supplying materials critical for electric vehicle…
SYDNEY: Carly Holdings Limited (ASX: CL8) announced today it has entered into a non-binding agreement to merge its car subscription business with Carbar Holdings Pty Ltd. This strategic merger will unite two of Australia’s largest and original car subscription platforms. The merger will be executed through the sale of all shares in Carly’s operating entities—Carly…
SYDNEY: Northern Star Resources Ltd and De Grey Mining Ltd have agreed to merge in a deal valued at approximately $5 billion. Under this arrangement, Northern Star will acquire all shares of De Grey, including its flagship Hemi gold project in Western Australia. Hemi is one of the largest undeveloped gold projects globally, with significant…