PetroTal Corp. (TSX: TAL) (AIM: PTAL) (OTCQX: PTALF), in a strategic move to expand its oil production capabilities, has successfully executed a definitive agreement to acquire a 100% working interest in Peru’s Block 131 for approximately $5.0 million in cash. This acquisition includes the producing Los Angeles field through the purchase of CEPSA Peruana, S.A.C., […]
Happiest Minds Technologies Limited (NSE: HAPPSTMNDS), a leader in digital and agile IT solutions, announced its definitive agreement to acquire 100% membership interests of the US-based Azure native digital product engineering firm, Aureus Tech Systems LLC. This acquisition marks a significant step for Happiest Minds, enhancing its capabilities in the digital transformation realm, particularly focusing […]
UST, a global leader in digital transformation solutions, announced its acquisition of Strativity Group, a boutique strategy consultancy known for its expertise in customer-centric transformations. This acquisition aligns with UST’s strategic goal to enhance its service offerings and expand its global reach, particularly in the Australia and New Zealand (ANZ) region. Strativity Group has built […]
Philadelphia-based buyout firm, Inverness Graham Investments (IGI), has announced the acquisition of BenefitHub, a leading provider of voluntary benefits and employee engagement platforms. This strategic move aims to expand Inverness Graham’s footprint in the tech-enabled services sector, specifically within the human capital niche. BenefitHub, established in 1999, is renowned for its comprehensive technology platform that […]
In a remarkable demonstration of financial resilience and strategic growth, FIVE Holdings (BVI) Limited’s consolidated financial statements for the year ended December 2023 have painted a picture of significant advancement across its Hospitality and Real Estate Development sectors. The Group reported a pro forma* revenue of AED 2,090 million for FY 2023, marking a substantial […]
Diploma PLC, an international value-add distribution group, has recently unveiled its plan to acquire Peerless Aerospace Fastener LLC, a leading distributor of specialty aerospace fasteners in the US and European markets, for approximately £236 million ($300 million). This significant transaction is poised to enhance Diploma’s foothold in the aerospace fastener sector, with completion anticipated in […]
The Great Eastern Shipping Company Limited (G E Shipping) made headlines on March 28, 2024, with its strategic acquisition of a Medium Range product tanker, signaling a significant step in its fleet modernization and expansion efforts. The vessel, built in 2013 with a deadweight tonnage (dwt) of approximately 51,486, is slated to join the company’s […]
Accenture (NYSE: ACN) has disclosed its financial outcomes for the second quarter of the fiscal year 2024, ending February 29, 2024. In a statement, Julie Sweet, Chair and CEO of Accenture, highlighted the company’s resilience in a challenging macroeconomic landscape. With 39 clients contributing quarterly bookings of over $100 million and a significant leap in […]
In a significant development in the industrial services sector, Groome Industrial Service Group announced its acquisition of Iowa-based W-S Companies, Inc., a move that is set to redefine the landscape of specialty maintenance services across various industrial markets. This acquisition not only signifies the merging of two industry giants but also highlights the strategic intent […]