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Day: April 29, 2021

Why you should get Stripes IPO this 2021?

Irish entrepreneur brothers, John and Patrick Collison founded Stripe in Palo Alto, CA, in 2010. In 2011, the company received investment of $2 million from PayPal co-founders Elon Musk and Peter Thiel, Irish entrepreneur Liam Casey, and venture capital firms Sequoia Capital, Andreessen Horowitz, and SV Angel. The company primarily offers payment processing software and application programming interfaces (APIs) for e-commerce websites and mobile applications. They bring together everything that’s required to build websites and apps that accept payments and send payouts globally. Stripe’s products power payments for online and in-person retailers, subscriptions businesses, software platforms and marketplaces, and everything in between. Stripe can handle thousands of transactions in a minute, and it supports various payment options for its...

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Capgemini Press Release// Growth momentum stronger than anticipated in Q1 2021

Media relations:Florence LièvreTel.: 01 47 54 50 71florence.lievre@capgemini.com Investor relations:Vincent BiraudTel.: 01 47 54 50 87vincent.biraud@capgemini.com  Growth momentum stronger than anticipated in Q1 2021 Paris, April 29, 2021 – Capgemini Group reported Q1 2021 revenues of €4,271 million, up 24.2% year-on-year at constant exchange rates1*. Aiman Ezzat, Chief Executive Officer of the Capgemini Group, commented: “We delivered an excellent performance in the first quarter of 2021, with a return to organic growth. Growth was stronger than anticipated and activity even surpassed pre-health crisis levels, reflecting not only a more dynamic market but also the accelerated deployment of our strategy. Performance improved across all our geographies and sectors. We are strongly positioned in cloud and data, the main drivers of technology...

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Final results of the Offer for Kiadis: 97.39% of Kiadis Shares in total committed under the Offer

This is a joint press release by Sanofi Foreign Participations B.V. (the “Offeror”), Sanofi (“Sanofi”) and Kiadis Pharma N.V. (“Kiadis”), pursuant to the provisions of Article 17 paragraph 4 of the Netherlands Decree in Public Takeover Bids (Besluit openbare biedingen Wft, the “Decree”) in connection with the recommended public offer by the Offeror for all the issued and outstanding ordinary shares in the capital of Kiadis (the “Offer”). This announcement does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities. Any offer will be made only by means of the offer memorandum dated 10 February 2021 (the “Offer Memorandum”), approved by the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the “AFM”) on 10 February 2021 and recognized by the Belgian Authority for the Financial...

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Hexatronic Group – Interim report January – March 2021

Hexatronic Group AB (publ)Interim report January – March 2021   Events during the quarterHexatronic signs a 3-year exclusive agreement with Centric Fiber in USA, to a value of MUSD 10. Hexatronic signs a strategic supply agreement with Vocus in Australia. Hexatronic wins new submarine cable orders totalling approximately MSEK 60. Hexatronic acquires 75 percent of the shares in the German engineering company TK-KONTOR-FREITAG GmbH. The board adjusts the profitability target to 10 percent EBITA on rolling 12 months basis (from 9 percent). Pernilla Lindén is appointed CFO and member of the Group Management Team at Hexatronic Group and will take office August 9, 2021.Events since the end of the periodHexatronic has issued a redundancy notice for the fiber optics assembly operation in Örebro, with the aim of relocating all production...

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WISeKey International Holding Ltd Announces Agenda of its 2021 Annual General Meeting of Shareholders

WISeKey International Holding Ltd Announces Agenda of its 2021 Annual General Meeting of Shareholders Zug, Switzerland, April 29, 2021 – WISeKey International Holding Ltd. (“WISeKey” or “Company”) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity and IoT company, announced today that the Board of Directors has recommended certain proposals for shareholder approval at the 2021 Annual General Meeting of Shareholders (“AGM“), scheduled for May 25, 2021. Due to the extraordinary situation in connection with the COVID-19 (coronavirus) pandemic, the AGM will not take place in the usual format and shareholders will not be able to attend the AGM in person. Shareholders may exercise their voting rights only by giving electronic or written voting instructions to their independent voting rights representative, as further described in the...

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Clariant returns to profitable growth, increasing both sales and profitability in the first quarter of 2021

Sales from continuing operations increased by 2 % in local currency to CHF 1.002 billion, reflecting a broad recovery in our markets EBITDA of CHF 164 million rose by 4 % in Swiss francs, generating a notably improved EBITDA margin at 16.4 % (vs. 15.4 %) Pricing actions have been initiated to offset rising raw material and logistics cost Outlook 2021 Continuing Operations: moderate local currency sales growth and a step up in EBITDA margin to slightly above pre-COVID-19 pandemic levels“The first quarter of 2021 demonstrated both Clariant’s return to growth as well as a sequential improvement in the Group’s performance. This progression was achieved through our portfolio of attractive businesses and the disciplined execution of our strategy and performance improvement programs,” said Conrad Keijzer, CEO of Clariant. “I would like...

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SIKA DEVELOPS LOW CO2 EMISSION ADMIXTURE PRODUCT RANGE

SIKA DEVELOPS LOW CO2 EMISSION ADMIXTURE PRODUCT RANGE Sika reinforces its leading position as an enabler of sustainable construction. In cooperation with leading key players, Sika is working on the development of concrete admixtures implementing the LC3 technology that lowers CO2 emissions, developed by the Swiss Federal Institute of Technology Lausanne. This new technology aims to facilitate the production of performant and sustainable cement with less clinker. Concrete is the most commonly used construction material in the world. The key ingredient of concrete is cement, whose production accounts for 6–8% of global CO2 emissions. As a technology leader in its industry, Sika focusses its R&D activities on the development of more sustainable, user friendly and at the same time better-performing product solutions. With its concrete...

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Valneva Announces Launch of Proposed Global Offering, Start of the Roadshow and Nasdaq Listing

Saint-Herblain (France), April 29, 2021 – Valneva SE (the “Company”), a specialty vaccine company focused on the development and commercialization of prophylactic vaccines for infectious diseases with significant unmet medical need, today announced its intention to issue and sell, subject to market and other conditions, 7,082,762 of its ordinary shares in a global offering to specified categories of investors comprised of (i) an initial public offering of American Depositary Shares (“ADSs”), each representing two ordinary shares, in the United States (the “U.S. Offering”) and (ii) a concurrent private placement of ordinary shares in certain jurisdictions outside of the United States (the “European Private Placement” and, together with the U.S. Offering, the “Global Offering”). The Company intends to grant the underwriters for the Global...

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NEXANS: HEAD START TO THE YEAR

PRESS RELASE _ NEXANS: HEAD START TO THE YEAR Quarterly sales growth setting robust basis for the year Final steps to “New Nexans” 2019-2021 Transformation PlanSHIFT transformation program structural tailwind across all operationsUniquely placed to build on United States Offshore Wind momentumLaying groundwork of Nexans strategic ambition to Electrify the FutureStandard1 sales of 1,503 million euros in first quarter 2021, representing organic growth2 of +1.4% year-on-year and +5.8% sequentially Current sales land at 1,756 million euros, up +15.2% alongside copper price inflation Topline recovery reflecting healthy backlog across all businesses – notably in Subsea High-Voltage with an adjusted backlog at 1.5 billion euros3, continued customer selectivity for further value growth and pricing increase in line with first sequence of raw...

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