Day: July 18, 2020

Schiphol – 18 July 2020. GrandVision NV (Euronext: GVNV) has been informed by EssilorLuxottica SA (Euronext: EL) that it has initiated summary proceedings before the District Court in Rotterdam, demanding that GrandVision provides to EssilorLuxottica additional information in relation to GrandVision’s actions to mitigate the impact of COVID-19 on its business. GrandVision strongly disagrees with EssilorLuxottica’s demands and has full confidence that these claims will be rejected in court.GrandVision has also received notice from EssilorLuxottica claiming that GrandVision, in relation to the aforementioned COVID-19 actions, is in material breach of its obligations under the Support Agreement concluded in connection with the envisaged sale by HAL Optical Investments B.V. of its 76.72% ownership interest in GrandVision...

EssilorLuxottica initiates legal proceedingsto obtain information from GrandVision.Charenton-le-Pont, France (July 18, 2020 – 10:30am) – EssilorLuxottica announces that earlier today it initiated legal proceedings before a District Court in Rotterdam, the Netherlands, to obtain information from GrandVision. This is to assess the way GrandVision has managed the course of its business during the COVID-19 crisis, as well as the extent to which GrandVision has breached its obligations under the support agreement. Despite repeated requests, GrandVision has not provided this information on a voluntary basis, leaving EssilorLuxottica with no other option but to resort to legal proceedings.EssilorLuxottica is a global leader in the design, manufacture and distribution of ophthalmic lenses, frames and sunglasses. Formed in 2018, its mission is...

EssilorLuxottica engage des poursuites judiciaires pour obtenir des informations auprès de GrandVisionCharenton-le-Pont, France (18 juillet 2020, 10h30) – EssilorLuxottica annonce avoir intenté ce jour une action en justice devant le tribunal de grande instance de Rotterdam en vue d’obtenir des informations de la part de GrandVision. Cette action a pour but de lui permettre d’appréhender la façon dont GrandVision a géré la marche de ses affaires pendant la crise du COVID-19 et d’évaluer l’étendue des manquements de GrandVision à ses obligations en vertu du Contrat de Soutien. Malgré plusieurs demandes en ce sens, GrandVision n’a pas apporté ces éléments d’information de façon volontaire, ce qui ne laisse à EssilorLuxottica d’autre option que celle d’engager des poursuites judiciaires.EssilorLuxottica est un leader mondial dans la conception,...

Hexagon Purus has signed a contract with a major US hydrogen fuel supplier and hydrogen refueling station operator to provide multiple X-STORE transport modules for the distribution of high-pressure hydrogen gas. The contract has an estimated value of USD 4.8 million (approx. NOK 45 million) and includes additional purchase options that, if exercised, will bring the total value of the contract to approximately USD 7 million (approx. NOK 65 million). The contract represents the first North American customer of Hexagon’s X-STORE line of transport modules for high pressure hydrogen gas. The purchased transport modules are composed of Hexagon’s proprietary, lightweight, Type 4, 500 bar pressure vessels. The 20-foot modules are designed to carry nearly 600 kg of hydrogen. The high capacity of these modules reduces transportation cost on a...

All business owners aspire to take their business to new heights and everyone is aware of the fact that it can only be possible with access to funds. Growth and expansion of a business requires funds. If you have a business plan in mind and are looking for a lender to be your partner in growth, Hero FinCorp will offer a loan that is suitable for your business. A well known name in the country, Hero FinCorp business loan can take your business to its potential. Irrespective of the type of business you own or the industry you operate in, a business loan will help you in many ways. You need to have a business plan in mind and your business should be profitable. Hero FinCorp has a presence across the length and breadth of the country and they strive to help individuals who are in need of finance. They offer both secured and unsecured business...

MIAMI (July 13, 2020) – Ken Saltzman has been named principal of information technology for MBAF, in addition to serving as the acting chief technology officer of the firm. The announcement was made by Tony Argiz, chairman and CEO of MBAF. Saltzman, who is based in the firm’s Miami office, has been with the company for over 17 years. He is responsible for ensuring workflow across MBAF’s 13 offices remains uninterrupted for its more than 650 employees. Saltzman has a deep understanding of computer engineering and critical business software that allows him to perform a wide variety of tasks, including the maintenance and management of the firm’s complex server network as well as configuring its networking equipment. “The COVID-19 pandemic brought new technological challenges that required many of our employees to change the way they work,”...

Black Hawk, Colorado, July 18, 2020 (GLOBE NEWSWIRE) — Monarch Casino Resort Spa is hiring hundreds of new Team Members to work in its newly-expanded luxury gaming resort nestled in the Rocky Mountains of beautiful Black Hawk, Colorado. This is great news for anyone whose COVID-19 unemployment benefits are coming to an end this month, or anyone looking for a great new career with a stable hospitality company.Monarch Casino is nearly ready to open its luxurious, mountain modern 23-story resort hotel, an array of delicious new dining destinations including the white tablecloth Monarch Chophouse, and an expanded gaming floor with 24-hour red-hot gaming action. If you’d like to join the Monarch Casino Resort Spa team on the ground floor of this exciting expansion, come dressed to impress and ready to be hired on the spot to Monarch’s...

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.SALINAS, Calif., July 17, 2020 (GLOBE NEWSWIRE) — Indus Holdings, Inc. (“Indus” or the “Company”) (CSE: INDS; OTCQX: INDXF), announces that it has terminated the pending acquisition of assets from W Vapes announced in May of 2019. The termination of the transaction coincides with an asset acquisition announced between Planet 13 and W Vapes. All figures stated are in US Dollars.Under the terms of the termination, Indus will no longer be obligated to acquire the assets of W Vapes. Additionally, the Las Vegas facility that Indus acquired on December 6, 2019, which is home of the local cultivation operations, will be sold to certain affiliates of Planet 13. Indus received a cash payment of $500,000 at signing and upon the closing of the transaction following...