LONDON: Private equity firm Permira has agreed to acquire fund administration group JTC Plc (JTC.L) through its newly formed vehicle Papilio Bidco Ltd in a recommended cash deal valuing the company at approximately £2.3 billion ($2.8 billion). Under the terms of the offer, JTC shareholders will receive 1,340 pence per share in cash, representing a…
LONDON: Hostelworld Group has acquired the entire issued share capital of OccasionGenius Inc., a US-based B2B event discovery platform, for a total cash consideration of $12.0 million. OccasionGenius empowers businesses to inspire their audiences with a global event dataset delivered via API, comprising a rich, city-by-city catalogue of local ‘Things to Do’ and a unique…
LONDON: Anglo-Eastern Plantations Plc, which owns, operates and develops plantations in Indonesia and Malaysia, announced that it has entered into a conditional subscription agreement to acquire Admiral Potential Sdn Bhd, which on completion will own 100% of PT Jaya Jadi Utama (“PT JJU”), an Indonesian plantation company. The Group is acquiring Admiral Potential from CB…
Adjusted profit before tax surged 24% to £74.3 million, driven by broad-based growth LONDON: Genus plc reported a robust financial performance for the year ended June 30, 2025, with adjusted profit before tax rising 24% to £74.3 million, driven by broad-based growth across its porcine and bovine genetics businesses and strategic progress in China. Adjusted…
LONDON: Journeo plc (AIM: JNEO), a leading provider of information systems and technical services to transport operators, local authorities, and the public transport networks that connect them, announced completion of the acquisition of Crime and Fire Defence Systems Limited (CFDS), a specialist infrastructure protection systems integrator in physical and cyber security solutions to the UK…
PERTH: Engineering and remediation contractor Duratec Ltd. has acquired 100% of AMD Electrical Pty Ltd., trading as EIG Australia, in a deal worth up to 9 million Australian dollars, the company announced Friday. The acquisition strengthens Duratec’s position in the national fuel infrastructure market and expands its self-perform capabilities across the Defence, Mining & Industrial,…
Adjusted operating profit fell 17.5% year-over-year to £55.1 million LONDON: Bodycote plc reported a 7.5% decline in group revenue to £369.0 million for the first half of 2025, citing weak conditions in automotive and industrial markets. Despite this, the company maintained its full-year outlook, highlighting progress in strategic initiatives and signs of sequential growth across…
SACRAMENTO: Inszone Insurance Services, a national provider of commercial, personal and benefits insurance, has acquired Snell-Nelson Insurance Agency, Inc., expanding its footprint in Kansas and Oklahoma. Founded in Ashland, Kan., in 1985 by Monica Meininger, Snell-Nelson Insurance built its reputation on serving clients in farm and ranch, oil and gas, and personal insurance lines. The…