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Day: June 11, 2021

Amundi and Société Générale: Signature of the master agreement for the acquisition of Lyxor by Amundi – Finalisation expected at end-2021

Press release Paris, 11 June 2021 Signature of the master agreement for the acquisition of Lyxor by AmundiFinalisation expected at end-2021 Amundi and Société Générale announce the signature, earlier than the considered schedule, of the master agreement for Amundi’s acquisition of Lyxor1; as a reminder, the entry into exclusive negotiations had been announced on 7 April2. The finalisation of this transaction is expected at the end of 20213, subject to the prior approval of the competent regulatory and competition authorities. *** About Amundi Amundi, the leading European asset manager, ranking among the top 10 global players4, offers its 100 million clients – retail investors, institutional investors and companies – a complete range of savings and investment solutions in active and passive management, in traditional or real assets....

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Learning Management System (LMS) Market: Absorb Software Acquires ePath Learning to Broaden its Presence in Industry

Key companies covered in the Learning Management System (LMS) Market Research report include McGraw Hill. (New York, United States), D2L Corporation. (Kitchener, Canada), SAP SE (Walldorf, Germany), Saba Software (Dublin, California, United States), Absorb LMS Software Inc. (Calgary, Alberta, Canada), Blackboard Inc. (Washington, D.C., United States), Cornerstone OnDemand, Inc. (Santa Monica, California, United States), Oracle Corporation (Redwood City, California, United States) Pune, India, June 11, 2021 (GLOBE NEWSWIRE) — The global learning management system market is set to gain momentum from the increasing usage of multiple channels platforms by the millennials. Hence, several organizations are developing multichannel and tech-dependent training facilities. This information is given by Fortune Business Insights™ in a new...

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Electric Motor Market to Exhibit 7.0% CAGR by 2028 Backed by Increasing Demand for Electric Vehicles in Europe

Leading Companies in the global Electric Motor Market are ABB (Switzerland), AMETEK (United States), Johnson Electric (China), Siemens (Germany), Rockwell Automation (United States), GE (United States), Nidec Motor Corporation (Japan), WEG (Brazil), Toshiba Corporation (Japan), Hitachi (Japan), Mitsubishi Heavy Industries (Japan), TECO-Westinghouse Motor Company (United States), Arc Systems Inc. (Japan), DENSO (Japan), Regal Beloit Corporation (United States) Pune, India, June 11, 2021 (GLOBE NEWSWIRE) — The global electric motor market  size is expected to showcase considerable growth by reaching USD 181.89 billion by 2028 while exhibiting a CAGR of 7.0% between 2021 and 2028. Fortune Business Insights published this information in its latest report, titled, “Electric Motor Market, 2021-2028.” The report further mentions that...

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Roche announces data at EHA2021 reinforcing efficacy of Venclexta/Venclyxto combinations in chronic lymphocytic leukaemia and acute myeloid leukaemia

Four-year follow-up analysis from the phase III CLL14 study showed progression-free survival rate of 74.0% in previously untreated patients with chronic lymphocytic leukaemia (CLL) three years after completion of a one-year fixed-duration treatment with Venclexta/Venclyxto plus Gazyva/Gazyvaro1 New phase III MURANO study data suggested certain genetic risk factors may help tailor treatments for patients with previously treated CLL2 A post-hoc analysis from the phase III VIALE-A study in newly diagnosed acute myeloid leukaemia indicated increased duration of response, event-free survival and overall survival in patients who achieved undetectable minimal residual disease3Basel, 11 June 2021 – Roche (SIX: RO, ROG; OTCQX: RHHBY) today announced the latest data from three pivotal phase III studies of Venclexta®/Venclyxto® (venetoclax)...

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Coop Pank AS results for May 2021

Coop Pank’s financial results in May 2021:In May, number of the bank’s clients increased by 2,300 and reached 98,200 by the end of the month. Over the year, customer base has grown by 35%. Volume of the bank’s customer deposits decreased by 10 million euros, reaching 880 million euros by the end of month. Deposits of corporate customers increased by 18 million and deposits of private customers by 6 million. The volume of deposits attracted from international platforms and other financing decreased by 34 million euros. Over the year, volume of bank deposits has grown by 52%.       The bank’s loan portfolio increased by 27 million euros over the month and reached 736 million euros by the end of May. Over the year, loan portfolio has grown by 37%. Compared to the first five months of last year, the bank’s net income...

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Huhtamaki completes the asset acquisition of Jiangsu Hihio-Art Packaging Co. Ltd. in China

HUHTAMÄKI OYJ PRESS RELEASE 11.6.2021 AT 8:00 Huhtamaki completes the asset acquisition of Jiangsu Hihio-Art Packaging Co. Ltd. in China Huhtamaki has completed the acquisition of Jiangsu Hihio-Art Packaging Co. Ltd.’s assets. Jiangsu Hihio-Art Packaging is a privately owned manufacturer of paper bags, wraps and folding carton packaging in China. The acquisition strengthens Huhtamaki’s position as the leading foodservice packaging provider in Asia and expands its product portfolio allowing it to better serve both existing and new customers in China. Huhtamaki now has approximately 850 employees across four manufacturing units in China, with Hihio-Art Packaging Co. Ltd.’s approximately 200 employees joining as Huhtamaki employees at the newly established Huhtamaki Foodservice (Xuzhou) Limited. The net sales of the acquired business were...

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Hexagon Purus enters partnership with Velocity Vehicle Group – supplying zero emission medium duty commercial vehicles – based on the Freightliner M2 chassis – in California

Hexagon Purus has entered a partnership with Velocity Vehicle Group (VVG), a leading group of commercial vehicle dealers in the US, to deliver battery packs and powertrain integration for medium-duty battery electric trucks in California based on Freightliner’s class 6 M2 platform. Velocity Vehicle Group has taken an active leadership role in offering clean vehicles to its customers across its product range and locations, and the partnership with Hexagon Purus is an important part of this transition. Hexagon Purus will deliver turn-key solutions that will convert up to 100 model year 2021 Freightliner M2 medium-duty trucks to Hexagon Purus eM2 emission-free medium duty electrical vehicle trucks. The design will be built upon the platform from Daimler Trucks North America’s successful Innovation Fleet of battery electric medium- and heavy-duty...

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New Roche data for Evrysdi show improved motor function in pre-symptomatic babies after one year and confirm safety profile in previously treated people with spinal muscular atrophy (SMA)

Data from JEWELFISH, the first trial in a diverse population aged 1 to 60 years with SMA who received prior treatment, showed a consistent safety profile and >2-fold increase in SMN protein levels Pre-symptomatic babies with SMA treated with Evrysdi for at least one year were able to sit, stand and walk in preliminary data from RAINBOWFISH study Evrysdi has proven efficacy in adults, children and babies two months and older and is now approved in 44 countries worldwideBasel, 11 June 2021 – Roche (SIX: RO, ROG; OTCQX: RHHBY) today announced new interim data from two studies of Evrysdi® (risdiplam); JEWELFISH and RAINBOWFISH. Data from JEWELFISH, an ongoing open-label study primarily evaluating the safety of Evrysdi in people aged 1 to 60 years who have been previously treated with another SMA-targeting therapy, including nusinersen...

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Scanfil revises upwards its turnover and adjusted operating profit outlook for 2021

Scanfil plc     Stock exchange release     11 June 2021 8.00 am Scanfil revises upwards its turnover and adjusted operating profit outlook for 2021 Due to strong customer demand, Scanfil revises upwards its turnover and adjusted operating profit outlook for 2021. New outlook for 2021: Scanfil estimates that its turnover for 2021 will be EUR 630–680 million and its adjusted operating profit will be EUR 41–46 million. The guidance for 2021 involves uncertainty arising from the potential negative impact of the availability of certain materials, especially semiconductors, and the COVID-19 pandemic on customer demand and the delivery capability of the component supply chain. Previous outlook for 2021, issued 18 February 2021: Scanfil estimates that its turnover for 2021 will be EUR 600–640 million and its adjusted operating profit will be EUR...

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Hexagon Purus enters partnership with Velocity Vehicle Group – supplying zero emission medium duty commercial vehicles – based on the Freightliner M2 chassis – in California

Hexagon Purus has entered a partnership with Velocity Vehicle Group (VVG), a leading group of commercial vehicle dealers in the US, to deliver battery packs and powertrain integration for medium-duty battery electric trucks in California based on Freightliner’s class 6 M2 platform. Velocity Vehicle Group has taken an active leadership role in offering clean vehicles to its customers across its product range and locations, and the partnership with Hexagon Purus is an important part of this transition. Hexagon Purus will deliver turn-key solutions that will convert up to 100 model year 2021 Freightliner M2 medium-duty trucks to Hexagon Purus eM2 emission-free medium duty electrical vehicle trucks. The design will be built upon the platform from Daimler Trucks North America’s successful Innovation Fleet of battery electric medium- and heavy-duty...

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