British scientific instruments maker Spectris (SXS.L) said it would accept a 3.73 billion pound ($5.06 billion) bid from Advent if the U.S. private equity firm proceeds with a formal offer, sending its shares surging by...
Nasdaq-bound Hotel101 eyes expansion into Latin America, Oceania, CEO says
Hotel101 Global, a unit of Philippine-listed real estate company DoubleDragon (DD.PS), is looking to expand into Latin America and Oceania in addition to growing its presence in existing regions including Asia, its CEO...
Fasteners Maker MNP Acquired by Italy’s Fontana Gruppo
Italy-based fasteners manufacturer Fontana Gruppo acquired Utica, MI-based MNP Corporation. Terms of the transaction were not disclosed. Founded in 1970, MNP Corporation is a manufacturer specializing in high-volume...
Italy approves Baykar’s acquisition of Piaggio Aerospace
taly has approved the sale of Piaggio Aerospace to Turkish drone manufacturer Baykar, invoking Golden Power safeguards. The €40 million investment aims to establish Liguria as a European production centre for Baykar’s...
NETGEAR to acquire cybersecurity firm Exium for SASE integration
NETGEAR Inc. (NASDAQ:NTGR), known for its networking solutions and currently valued at $871 million, has entered into an agreement to acquire Exium, a cybersecurity company. This move is aimed at enhancing NETGEAR’s...
Bitcoin ATM Operator CoinFlip Explores Potential $1B Sale
CoinFlip, a Chicago-based operator of more than 5,500 cryptocurrency ATMs globally, is exploring a potential sale as merger and acquisition activity heats up across the digital asset sector, according to Bloomberg. The...
South Korea’s Hanwha offloads Eutelsat stake as Starlink rival seeks new investors
South Korea’s Hanwha Systems (272210.KS) said on Thursday it was selling its entire 5.4% stake in Eutelsat (ETL.PA) for 77.6 million euros ($88.5 million), as the Franco-British satellite operator seeks new...
UK’s Rosebank Industries raises $1.55 billion for US-based ECI’s acquisition
British investment firm Rosebank Industries (ROSE.L) on Friday said it will raise about 1.14 billion pounds ($1.55 billion) to finance the acquisition of U.S.-based Electrical Components International. Rosebank, which...
Bruker acquires biocrates
Bruker Corporation (NASDAQ: BRKR) today announced the acquisition of biocrates life sciences ag, located in Innsbruck, Austria. Financial terms were not disclosed. biocrates is a global leader in mass spectrometry (MS)...
Abu Dhabi minerals company buys DR Congo tin mine stake from Denham arm
Abu Dhabi minerals company International Resources Holding has bought a majority stake in a tin mine in the Democratic Republic of Congo, expanding its presence in Africa and underscoring its appetite for high-risk...
BayPine Purchases Majority Stake in Harbor Global
BayPine has acquired a majority stake in Harbor Global, a provider of consulting and technology services to the legal industry. Headquartered in Chicago, Harbor serves 85 percent of Global 200 law firms and over half of...
Shape Robotics acquires Sanako Oy through share swap
Shape Robotics A/S (“Shape Robotics” or the “Company“) and the shareholders of Sanako Oy (the “Sellers“) have today entered into an investment agreement, according to which Shape...
