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City of London Investment Group (LSE: CLIG) profit rises 25% despite $1.3bn outflows
City of London Investment Group increased funds under management by 13.9% and pre-tax profit by 24.8%, even though clients withdrew a net US$1.3 billion during the year.
Mpac Group (AIM: MPAC) shares fall 5% as profit halves despite 43% surge in order intake
Mpac Group’s first-half order intake surged 43% and its backlog has climbed to £82.5 million, but lower project margins and slow customer decisions drove a sharp decline in underlying profit.
Can DATA Communications Management use C$25m of extra M&A capacity without rebuilding leverage?
DATA Communications Management Corp. has syndicated its C$160 million credit facility across four major Canadian banks and added a potential C$25 million acquisition accordion as it expands beyond print into AI-enabled document processing and enterprise workflow automation.
Environmental Clean Technologies (ASX: ECT) secures defence pathway for MXenes as Xenica acquisition advances
Environmental Clean Technologies Limited’s proposed Xenica Materials acquisition has gained access to military and defence applications for MXenes, strengthening the commercial pathway for a Flash Joule Heating process designed to replace slow and hazardous traditional production methods.
Synertec (ASX: SOP) names ANSTO behind A$45.5m contract as FY27 revenue upside emerges
Synertec Corporation Limited has identified the Australian Nuclear Science and Technology Organisation as the customer behind an eight-year A$45.5 million engineering contract, giving the smaller ASX industrial company unusually long revenue visibility across a highly specialised nuclear-science program.
Cleanaway Waste Management (ASX: CWY) takeover moves closer as EQT clears due diligence
Cleanaway Waste Management Limited shares rose after EQT Infrastructure confirmed due diligence had uncovered nothing requiring it to withdraw or reduce its proposal, leaving the Australian waste group closer to a binding takeover deal but not there yet.
More than half of Cambium Networks’ workforce is gone. Can the networking company survive the next phase?
Cambium Networks Corporation has eliminated 260 jobs, or 53.6% of its global workforce, while its principal UK operating subsidiary enters administration and administrators explore asset sales amid severe liquidity and debt pressure.
Crane Company to buy Trillium Pumps US for $240m as water infrastructure bet deepens
Crane Company is acquiring Trillium Flow Technologies’ U.S. pumps business for approximately $240 million, adding four established brands and a large installed base across municipal water and wastewater infrastructure.
Chervon shares jumped 23% after naming Joseph Galli CEO. What is the market expecting?
Chervon Holdings has appointed veteran power-tools executive Joseph Galli Jr. as chief executive while founder Longquan Pan remains chairman, separating operating leadership from founder oversight.
HDFC Bank has sent two CEO names to the RBI. What happens before Sashidhar Jagdishan leaves?
HDFC Bank has submitted two candidates for Reserve Bank of India approval as Sashidhar Jagdishan prepares to leave on October 26, bringing its closely watched CEO succession into the regulatory phase.