Company acquisition

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Acquires Nexo to strengthen its position in Brazil and Latin America
Globenewswire· 2025-05-05 05:55
STOCKHOLM, SWEDEN - BTS Group AB (publ), a leading global consultancy specializing in strategy execution, change, and people development, has agreed to acquire Nexo Pesquisa e Consultoria Ltda., Nexo, a boutique consulting firm headquartered in São Paulo, Brazil. Nexo has been growing continuously since it was founded in 2017. With revenues of approximately 12 million Brazilian Reales (approx. 2.1 million USD) in 2024, and a highly capable team of 21 members, Nexo has built a strong reputation for deliverin ...
Why Oracle Stock Was on Fire Today
The Motley Fool· 2025-05-01 22:55
Group 1 - Speculation regarding a potential acquisition of Olo by Oracle has led to a rise in Oracle's stock price, which increased by over 3% compared to the S&P 500's 0.6% gain [1] - Olo is reportedly exploring a sale and is working with a financial advisor to gauge interest from potential buyers, including Oracle and Toast [2][3] - The situation is still in its early stages, and no official comments have been made by Olo, Oracle, or Toast regarding the potential sale [3] Group 2 - Oracle has a history of acquisitions in the restaurant technology space, having purchased Micros Systems for $5.3 billion in 2014, indicating its capability to pursue similar deals [4] - Olo's market capitalization is approximately $1.2 billion, which may be a significant investment for a buyer without substantial financial resources [4] - The speculation surrounding Olo's potential sale presents an interesting development for investors in Oracle, Toast, and Olo [5]