LONDON – British investment firm Caledonian Holdings Plc (AIM: CHP) said on Tuesday it had agreed to acquire fintech company Aspire Commerce Group Ltd for a nominal £1, a deal that grants it a regulated platform to build out its financial technology ambitions. The proposed acquisition values Aspire at an enterprise value of £9.49 million,…
LONDON: Lloyds Banking Group is today announced the acquisition of Curve, a London based fintech operating an innovative digital wallet platform. The acquisition of Curve is a strategic move to broaden and accelerate Lloyds Banking Group’s digital transformation. Curve operates a pioneering digital wallet platform that brings all cards and alternative payment sources into…
Bouygues Telecom, Free-iliad Group and Orange joint statement following the rejection of their acquisition bid by Altice France PARIS Bouygues Telecom, Free-iliad Group and Orange have submitted a non-binding offer to acquire a large part of the telecommunications activities of the Altice group in France. While ensuring continuity of service for SFR customers and…
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…
MELBOURNE: Australia’s Computershare Limited (CPU.AX) said on Thursday it has agreed to sell its UK Mortgage Services business to credit management firm Pepper Advantage, as part of a strategy to simplify its operations and improve earnings quality. The share registry giant expects the transaction to close in the third quarter of its 2026 fiscal year,…
SYDNEY: Global investment firm KKR has signed definitive agreements to acquire Zenith Energy, an independent power producer specializing in hybrid power solutions, from a consortium of investors. Zenith’s founder and management will retain a minority stake in the company. The deal positions Zenith for long-term growth, supported by strong sector fundamentals and macroeconomic tailwinds.…
LONDON: Admiral Group plc has agreed to sell its U.S. motor insurance business, including Elephant Insurance Company and Elephant Insurance Services, to J.C. Flowers & Co., a private investment firm specializing in the financial services sector. The transaction, valued at approximately Elephant’s net asset value, is subject to regulatory approval and is expected to…
LONDON: Old Mutual has received the green light from the Prudential Authority to set up its own banking institution. This milestone comes after an intensive review process under Section 16 of the Banks Act 94 of 1990. The approval, governed by Section 17 of the same act, marks a significant advancement for Old Mutual,…
COPENHAGEN: Intact Group has obtained approval from the Danish Competition and Consumer Authority to acquire sole control of RSA’s business outside Norway and Sweden, including the acquisition of sole control of RSA’s Danish business placed in Codan A/S. Today, the Danish Competition and Consumer Authority has announced that approval has been granted to Intact…
SYDNEY: Nufarm Limited announced confirmation from Canadian regulatory authorities that approvals have been received for the company’s proprietary Nuseed Omega-3 Canola relating to cultivation, use in aquafeed and livestock feed, and for human consumption. In releasing its assessment, Health Canada determined that the highly refined oil derived from Nuseed Omega-3 Canola is as safe…