SYDNEY: Computershare Limited (ASX:CPU) has entered into a definitive agreement to acquire the BNY Trust Company of Canada from BNY Mellon (NYSE:BK). BNY Trust Company of Canada was established in 2001 and is based in Toronto. With a portfolio of around 1,800 corporate trust mandates, the business provides a range of trust and agency services…
SYDNEY: Australian furniture giant Nick Scali Limited (ASX: NCK) has announced a definitive agreement to acquire the UK-based home furniture specialist, Anglia Home Furnishings Limited, known to consumers as Fabb Furniture. The deal, which marks Nick Scali’s first foray outside of Australia and New Zealand, is set to enhance the company’s geographic diversity and scale….
Core & Main Inc. (NYSE: CNM) has entered into a definitive agreement to acquire substantially all of the assets of Geothermal Supply Company Inc. (GSC). GSC is a leading distributor and fabricator of high-density polyethylene (HDPE) pipe and other related products, primarily serving the geothermal, water and sewer industries from a single location in Kentucky. “Adding…
NEW YORK: Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, has entered into a definitive agreement to acquire Institutional Cash Distributors, LLC (ICD), an institutional investment technology provider for corporate treasury organizations trading short-term investments, for $785 million. The purchase price is expected to…
NEW YORK: MEDIROM Healthcare Technologies Inc., a leader in the health management services industry, has announced its decision to acquire Japan Gene Medicine Corporation, aiming to make it a subsidiary. The announcement came following a Board of Directors meeting on March 29, 2024, where a Memorandum of Understanding (MOU) was agreed upon to initiate the…
SYDNEY, AUSTRALIA: Sonic Healthcare Limited (ASX: SHL)has signed binding agreements to acquire the Dr Risch laboratory group. Dr Risch is a full-service medical laboratory group in Switzerland. Dr Risch employs around 650 staff in thirteen clinical laboratories across Switzerland and a laboratory in Vaduz, Liechtenstein. In CY 2023 the Swiss laboratories generated revenue of ~…
LONDON, UK: Wickes Group plc has agreed to acquire 51% of the issued share capital of Gas Fast Limited, the parent company of leading solar installations company Solar Fast. The Business focuses on solar panels installations, alongside a smaller business installing gas boilers. The acquisition will enable Wickes to expand its offering into the fast-growing…
LONDON: AstraZeneca has entered into a definitive agreement to acquire Fusion Pharmaceuticals Inc., a clinical-stage biopharmaceutical company developing next-generation radioconjugates (RCs). The acquisition marks a major step forward in AstraZeneca delivering on its ambition to transform cancer treatment and outcomes for patients by replacing traditional regimens like chemotherapy and radiotherapy with more targeted treatments. RCs…
LONDON, UK: Supreme Plc announced the acquisition of Vendek Limited, a leading Dublin-based distributor of batteries and lighting products, for an initial consideration of €1.07 million plus deferred consideration and a performance related earn-out of up to €0.75 million in aggregate. Vendek operates exclusively within Ireland, distributing battery and lighting products under the Osram, Panasonic…