Day: June 22, 2021
FENTON, Mich. and MUNITH, Mich., June 22, 2021 (GLOBE NEWSWIRE) — The boards of directors of Fentura Financial, Inc. (OTCQX: FETM), the holding company for Fenton-based The State Bank, and Farmers State Bank based in Munith, today announced the execution of a definitive agreement by which Fentura Financial, Inc. (“Fentura”) will acquire Farmers State Bank (“FSB”) for $15.5 million in cash consideration. Based on current shares outstanding, shareholders of FSB will receive $103.33 in cash for each share.
The Boards of Directors of both financial institutions have unanimously approved the purchase, which will include the acquisition of all FSB’s stock by Fentura. Excluding transaction costs, Fentura expects earnings per share (“EPS”) to be enhanced by 12-14% in each of the first two years following closing. The transaction is...
Man Group PLC : Form 8.3 – Morrison (Wm) Supermarkets PLC
Written by Customer Service on . Posted in Mergers And Acquisitions.
FORM 8.3
PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)
1. KEY INFORMATION(a) Full name of discloser:
Man Group PLC(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree
Morrison (WM) Supermarkets plc(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e) Date position held/dealing undertaken: For an opening...
Invesco Ltd.: Form 8.3 – Wm Morrison Supermarkets PLC
Written by Customer Service on . Posted in Mergers And Acquisitions.
Opening Position Disclosure
FORM 8.3
PUBLIC DEALING DISCLOSURE BYA PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”)1.
KEY INFORMATION
(a)
Full name of discloser:
Invesco Ltd.
(b)
Owner or controller of interests and short positions disclosed, if different from 1(a):The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
(c)
Name of offeror/offeree in relation to whose relevant securities this form relates:Use a separate form for each offeror/offeree
Wm Morrison Supermarkets Plc
(d)
If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:
(e)
Date position held/dealing undertaken:For an opening position disclosure,...
AgEagle™ Aerial Systems Set to Join Russell 3000® Index
Written by Customer Service on . Posted in Public Companies.
WICHITA, Kan., June 22, 2021 (GLOBE NEWSWIRE) — AgEagle™ Aerial Systems Inc. (NYSE American: UAVS) (“AgEagle” or the “Company”), an industry leading drone solutions provider, today announced that it expects to join the broad market Russell 3000® Index at the conclusion of the 2021 Russell Indexes annual reconstitution, effective after the U.S. market close on June 25, 2021, according to the most recent preliminary list of additions posted June 18, 2021 by FTSE Russell.
Brandon Torres Declet, Chief Executive Officer of AgEagle, stated, “We are very pleased with the prospect of being added to the Russell 3000 Index, which will mark an exciting milestone for our Company – one that should help raise greater awareness of AgEagle in the institutional investment community.”
Annual Russell indexes reconstitution captures the 4,000 largest...
Vintage Wine Estates, Inc. Completes Acquisition of The Sommelier Company
Written by Customer Service on . Posted in Mergers And Acquisitions.
First VWE Acquisition Since Public Listing on NASDAQ
SANTA ROSA, Calif., June 22, 2021 (GLOBE NEWSWIRE) — Vintage Wine Estates, Inc. (NASDAQ: VWE) (TSX: VWE.U) (TSX: VWE.WT.U) (“VWE” or the “Company”), one of the fastest growing U.S. wine producers with an industry leading direct-to-customer platform, today announced that it has completed its acquisition of The Sommelier Company. Founded by Principal Jörn (“Joey”) Kleinhans PhD, CFA, in 2013, The Sommelier Company is a global provider of independent wine and spirits expertise, private tasting events and education. The acquisition will enhance VWE’s direct-to-consumer channel, which represents 30% of Vintage Wine Estates’ net revenue.
“The Sommelier Company will add considerable reach to our direct-to-consumer and business-to-business customer base. We believe the acquisition will...
Household Cleaning Products Market to Worth USD 320.82 Billion by 2028; Stoked by Increasing Demand for Organic Cleaning Products, Says Fortune Business Insights™
Written by Customer Service on . Posted in Mergers And Acquisitions.
Top companies covered in the household cleaning products market are Church & Dwight Co. Inc. (U.S.), Colgate-Palmolive Co. (U.S.), Godrej Consumer Products Ltd. (India), Henkel AG & Co. KGaA (Germany), Kao Group (Japan), The Procter & Gamble Co. (U.S.), Reckitt Benckiser Group Plc (U.K.), S. C. Johnson & Son Inc. (U.S.), Goodmaid Chemicals Corporation (Malaysia), Unilever NV (U.K.), and more players
Pune, India, June 22, 2021 (GLOBE NEWSWIRE) — The global household cleaning products market size is expected to gain momentum by reaching USD 320.82 billion by 2028 while exhibiting a CAGR of 4.5% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled “Household Cleaning Products Market, 2021-2028.” The report further mentions that the market stood at USD 221.32 billion...
Cowen Board of Directors Approves Increase in Share Repurchase Program to $50 million
Written by Customer Service on . Posted in Public Companies.
NEW YORK, June 22, 2021 (GLOBE NEWSWIRE) — Cowen Inc. (NASDAQ:COWN) (“Cowen” or the “Company) today announced that its Board of Directors has approved an increase in the Company’s existing share repurchase program (the “Share Repurchase Program”). With this increase, the total amount now available for repurchase under the current plan is $50 million.
About Cowen Inc.
Cowen Inc. (“Cowen” or the “Company”) is a diversified financial services firm offering investment banking services, equity and credit research, sales and trading, prime brokerage, global clearing, commission management services and actively managed alternative investment products. Cowen focuses on delivering value-added capabilities to our clients in order to help them outperform. Founded in 1918, the Company is headquartered in New York and has offices worldwide....
Goliath Completes Geophysical Survey on Extensive High-Grade Gold-Silver Surebet Zone Discovery, Golden Triangle, BC
Written by Customer Service on . Posted in Public Companies.
TORONTO, June 22, 2021 (GLOBE NEWSWIRE) — Goliath Resources Ltd. (TSX-V: GOT) (FSE: B4IF) (OTCQB: GOTRF) (the “Company or “Goliath”); Goliath is pleased to announce a high-resolution geophysical survey was completed, covering a 16 square kilometer area including and surrounding the Surebet Zone which is a newly discovered high-grade gold-silver discovery on its 100% controlled Golddigger property in the Golden Triangle, BC. The Surebet Zone currently has 1,000 meters of strike, with 500 meters of vertical relief and 1,000 meters of down dip extent that remains open with an average true width of 9.84 meters grading 10.68 g/t AuEq (7.59 g/t Au) – (see news November 25, 2020).
The survey covered a 16 square kilometer area (4km x 4km) that encompasses the planned 2021 maiden drill program of 5,000 meters from up to 14 separate drill...
Histogen and Amerimmune Announce Positive Top-Line Study Results from its Phase 1 Study of Emricasan in Mild Symptomatic COVID-19 Patients
Written by Customer Service on . Posted in Public Companies.
Emricasan Found to be Safe and Well Tolerated with No Serious Adverse Events
Patients Completing Treatment with Emricasan had a Complete Resolution of the Symptoms Most Commonly Associated in Mild COVID-19 At Day 7 Continuing to Day 45
SAN DIEGO, June 22, 2021 (GLOBE NEWSWIRE) — Histogen Inc. (NASDAQ: HSTO), and its partner Amerimmune LLC, today announced top line results from its Phase 1 study of emricasan in mild symptomatic COVID-19 patients to assess safety, tolerability, and preliminary efficacy. The study demonstrated that emricasan was safe and well tolerated during the 14 days of dosing and at the day 45 follow-up, as compared to placebo with no reports of serious adverse events. Patients who completed treatment with emricasan had a complete resolution of the symptoms most commonly associated in mild COVID-19, such as cough,...
Spirax Sarco Introduces Spira-trol™ Steam-Tight control valve
Written by Customer Service on . Posted in Public Companies.
Secure steam control with class VI isolation in one valve with a flip over seat to double the life, providing the customer with a reduced total cost of ownership.“Leaking steam has a huge impact on customers’ process and profits. Spira-trol™ Steam-Tight targets the source of the problem, eliminating leaking steam control valves from the plant,” said Chris Glass, Spirax Sarco Product Manager.Blythewood, South Carolina, June 22, 2021 (GLOBE NEWSWIRE) — Spirax Sarco, the global leader in steam system engineering and management has expanded its product line to include the new Spira-trol™ Steam-Tight control valve, helping customers maximize output, minimize downtime, and improve product quality. This exciting new product release has a full peak class VI shutoff double life seat, increasing the life span of the steam...