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Day: July 1, 2021

DTE Energy Completes Spin-Off of DT Midstream

Enhances DTE’s Strategic Focus as Premier, Predominantly Pure-Play Regulated Michigan-Based Utility Detroit, July 01, 2021 (GLOBE NEWSWIRE) — DETROIT, July 1, 2021 – DTE Energy Company (“DTE Energy”) (NYSE: DTE) announced today that it has completed the previously announced spin-off of its non-utility natural gas pipeline, storage and gathering business, DT Midstream, Inc. (“DT Midstream”) (NYSE: DTM). The transaction transforms DTE into a best-in-class, predominantly pure-play electric and natural gas utility with superior earnings growth, a strong capital investment plan and a proven record of cost management. “The separation of DT Midstream builds on our long track record of delivering value to our shareholders,” said Jerry Norcia, DTE Energy president and CEO. “With the completion of this transaction, approximately 90% of DTE...

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SmartAxiom Announces NFT Solution to Secure the Identity and Ownership of Digital Assets

Non-Fungible Tokens (NFT) are the Latest Hot Blockchain Application and Address a Market Already Worth Over $2 Billion That Grew 2100% Last Year Irvine, California, July 01, 2021 (GLOBE NEWSWIRE) — SmartAxiom Inc, a subsidiary of Life on Earth Inc. (OTC Pink: LFER), today announced its Non Fungible Token (NFT) solution to secure the identity and ownership of digital assets such as Digital Art, Graphics, IoT devices, Music and more. SmartAxiom has developed and deployed an innovative, light blockchain to manage and secure IoT devices such as smart lights and shipment trackers. Establishing strong identity (i.e. ensuring that communication is occurring with the correct device) is the foundation of security and, when paired with an immutable blockchain cloud backend, the SmartAxiom technology makes for a robust and ready NFT solution....

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Cosmos Holdings Appoints Finance Veteran Alexi Papaconstantinou to its Advisory Board

CHICAGO, July 01, 2021 (GLOBE NEWSWIRE) — Cosmos Holdings, Inc. (“the Company”) (OTCQX: COSM), an international pharmaceutical company with a proprietary line of branded and generic pharmaceuticals, nutraceuticals, OTC medications and an extensive, established European Union distribution network, today announced that it has appointed finance veteran Alexi Papaconstantinou to the Company’s Advisory Board. Mr. Papaconstantinou is a capital markets veteran and brings over 20 years of experience in investment banking, equity financing, portfolio management and mergers and acquisitions with a particular focus on high-growth public and private companies. Mr. Papaconstantinou is currently the Co-founder and Managing Partner of Lacerta Partners, a family office backed multi-strategy fund. Prior to Co-founding Lacerta Partners,...

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Small Satellite Market Worth USD 10.75 Billion at Stellar 12.55% CAGR by 2028; Owing to Increasing Deployment for Military Purposes in North America, Says Fortune Business Insights™

Top companies covered in the global small satellite market report are Sierra Nevada Corporation (The U.S.), ST Engineering (Singapore), Airbus S.A.S (The Netherlands), Northrop Grumman Corporation (The U.S.), Space Exploration Technologies Corp., The Boeing Company (The U.S.), Thales Group (France), Lockheed Martin Corporation (The U.S.), L3Harris Technologies Inc. (The U.S.) and more players profiled. Pune, India, July 01, 2021 (GLOBE NEWSWIRE) — The global small satellite market size is expected to experience significant growth by reaching USD 10.75 billion by 2028 while exhibiting a CAGR of 12.55% in 2021 and 2028. Fortune Business Insights, in its report titled “Small Satellite Market, 2021-2028.”, observes that the market stood at USD 4.08 billion in 2020. Factors such as the increasing adoption of modern technologies such...

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Royal Unibrew in exclusive negotiations to acquire MC ENERGY in France

COMPANY ANNOUNCEMENT NO 36/2021 – 1 JULY 2021 Royal Unibrew A/S has today reached an agreement on exclusive negotiations to acquire the French beverage company, MC ENERGY S.A.S, which owns the energy drink brand, Crazy Tiger that holds a 10% volume market share in the French Off-Trade market. The exclusive negotiations concern the possible acquisition of 100% of the shares of the French company. The contemplated acquisition of MC ENERGY would give Royal Unibrew exposure to one of the fastest growing beverage categories in the French market. In 2020, MC ENERGY had a revenue of around DKK 100m and growing at least at the same speed as the energy drinks market in general in France. If negotiations are successful, the realisation of a potential transaction will not be subject to any specific regulatory demands or approval from the competition...

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Eagle Bulk Shipping Inc. Publishes 2021 ESG Sustainability Report

STAMFORD, Conn., July 01, 2021 (GLOBE NEWSWIRE) — Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (“Eagle Bulk,” “Eagle” or the “Company”), one of the world’s largest owner-operators within the Supramax / Ultramax drybulk segment, today announced that it has issued its second annual Environmental, Social, and Governance (ESG) Sustainability Report. The report, which has been prepared in accordance with the Marine Transportation Framework established by the Sustainability Accounting Standards Board (SASB), provides an overview of Eagle’s strategic priorities and performance with respect to various environmental, social, and governance-related matters. Gary Vogel, Eagle Bulk’s CEO, commented, “We are very pleased to be publishing our second annual ESG Sustainability Report and hope it will provide readers with a good understanding of our...

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22nd Century Announces Restructuring of Panacea Investment, Expansion of Cannabis Franchise Capabilities

22nd Century Takes Ownership of Needle Rock Farms, Provides North American Cultivation Base of Operations BUFFALO, N.Y., July 01, 2021 (GLOBE NEWSWIRE) — 22nd Century Group, Inc. (NYSE American: XXII), a leading plant-based biotechnology company focused on tobacco harm reduction, reduced nicotine tobacco, and hemp/cannabis research, today announced it has signed a definitive agreement to restructure its strategic investment in Panacea Life Sciences, Inc., in line with the ongoing development of 22nd Century’s strategic partnership network. Under terms of the agreement, 22nd Century’s existing $7 million note in Panacea will be exchanged for ownership of Needle Rock Farms, located in a prime Colorado hemp/cannabis growing location and valued at $2.2 million. The Company will also receive a new $4.3 million note and $500,000 in Panacea...

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CSX Completes Acquisition of Quality Carriers

New Partnership to Create Unique Multimodal Chemicals Transportation Solution JACKSONVILLE, Fla., July 01, 2021 (GLOBE NEWSWIRE) — CSX Corp. (NASDAQ: CSX) today announced it has completed its previously announced acquisition of Quality Carriers, Inc. (“Quality Carriers”), the leading North American provider of bulk liquid chemicals truck transportation, from Quality Distribution, Inc. Financial terms of the transaction were not disclosed. Quality Carriers operates over 2,500 trucks and 6,400 trailers that serve many of the largest chemical producers and processors. The addition of Quality Carriers enables CSX to extend the reach of its network and gain access to new products, markets, and regions through a unique and competitive multimodal solution that leverages the reach of truck transportation with the cost-advantage...

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Magnite Acquires SpringServe, A Leader in CTV Ad Serving Technology

Combination empowers CTV publishers with a tighter integration between direct and programmatic inventory Current SpringServe clients include Pluto TV, Sinclair Broadcast Group, Univision and VIZIO LOS ANGELES, July 01, 2021 (GLOBE NEWSWIRE) — Magnite (Nasdaq: MGNI), the world’s largest independent sell-side advertising platform, today announced the acquisition of SpringServe, a leading ad serving platform for connected TV (CTV). SpringServe’s technology manages multiple aspects of video advertising for CTV publishers such as inventory routing, customized ad experiences, and advanced podding logic. A tight technical integration between ad serving and programmatic capabilities reduces complexity, improves inventory management between multiple parties, enhances functionality, and can reduce costs. The purchase price was approximately...

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733Park Deal Sources for GreenBox POS

BOSTON, July 01, 2021 (GLOBE NEWSWIRE) — 733Park’s deal sourcing team recently sourced Northeast Merchant Systems, a provider of comprehensive merchant credit card processing services for GreenBox POS (NASDAQ: GBOX) a customized blockchain payment solution system. The acquisition brings new retail merchant accounts to @GreenBox as well as a new BIN sponsor relationship. @GreenBox furthers its ability to create customized payment systems for businesses, including solutions with cashless transactions, cryptocurrency, and digital payments. 733Park specializes in deal sourcing and deal origination of payments, Fintech and SaaS acquisition opportunities for select clients.   Lane Gordon, managing director of 733Park, has sourced deals for some of the largest private equity groups, payments companies, and software companies, for over...

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