Swedish telecoms infrastructure company Hexatronic said Wednesday that it has acquired Communication Zone Inc., a data-installation and services firm based in Illinois, for up to $23.9 million as it seeks to increase its presence in the growing U.S. market.
Swedish telecoms infrastructure company Hexatronic said Wednesday that it has acquired Communication Zone Inc., a data-installation and services firm based in Illinois, for up to $23.9 million as it seeks to increase its presence in the growing U.S. market.
Two mutual businesses have revealed that they are in talks over a merger to create one of the world's largest marine and logistics insurance companies.
French satellite operator Eutelsat is planning to raise approximately €670 million ($777 million) from the British and French states and other investors as a part of its bid to raise €1.5 billion to accelerate the deployment of its low Earth orbit satellite activities.
Online betting company SportPesa has defeated a claim brought by its former chair, as a judge found that there was no evidence of an unlawful scheme to dilute his valuable stake in the company.
The Financial Conduct Authority said Wednesday that it has started criminal proceedings against two men for allegedly making £70,000 ($93,000) from insider dealing linked to the £969 million takeover of a former property investment trust listed in London.
Chemicals maker Elementis said Wednesday that it has completed the acquisition of natural cosmetics ingredients maker Alchemy Ingredients Ltd. for approximately $22 million to strengthen its personal care business.
The government will cut the tax-free allowance that under-65s can pay into a cash individual savings account each year to £12,000 ($15,854) from the current £20,000, effective from April 2027, to push savers with extra cash toward investment markets.
U.S. private equity investor Advent has completed its offer for Swiss chipmaker U-blox Holding AG in a deal estimated to be worth 1.03 billion Swiss francs ($1.3 billion), an indirect subsidiary of funds advised by Advent said Wednesday.
GlobalData PLC confirmed on Wednesday the start of a share repurchase program worth up to £10 million ($13 million) in a move to reward investors and downsize its share capital.
Independent Governance Group, a pensions trusteeship and governance services provider, has acquired retirement consultancy KGC Associates Ltd. to help the business to grow.
The recently published revised practice statement on schemes of arrangement and restructuring plans promises midmarket businesses efficiency without diluting safeguards, positioning schemes as inclusive tools rather than elite options, say lawyers at Addleshaw Goddard.
