Sika has significantly expanded its regional manufacturing footprint by acquiring Akkim, one of Turkey’s prominent producers of adhesives and sealants.
Companies
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WBD board reconsiders talks as Paramount Skydance sweetens its hostile offer with ticking fees to counter Netflix’s proposal.
Stark Defence, a prominent player in the defense technology sector, has reached a significant milestone with its valuation now exceeding €1 billion, marking its entry into the exclusive club of unicorn startups.
Paris-based fintech startup Rivage has successfully raised €2.6 million in funding to modernize payroll solutions for accounting firms, enhancing efficiency and accuracy in financial operations.
Chinese e-commerce firm Temu has restarted operations in Turkey as an official importer via WhaleCo following recent customs regulations.
Lassie, a Stockholm-based pet insurance startup, raises €63.2 million in Series C funding to expand its AI-driven, prevention-first offerings across Europe.
Schroders agrees to a takeover by Chicago-based Nuveen, ending two centuries of family ownership in a historic deal for the City.
Governata appoints Mohamed Hamedi as CTO after securing $4M in funding. The move supports data governance growth in Saudi Arabia and the Middle East.
Governata secures $4 million to enhance data governance in Saudi Arabia, aiming to support regional expansion and align with strict AI compliance standards.
The Central Bank of the Republic of Turkey has revoked the operating license of financial technology firm Papara Electronic Money Inc., as announced in the Official Gazette.