Month: July 2021

Sievi Capital Plc Press release 1 July 2021 at 10:25 am EEST Acquisition completed in line with the growth strategy of Logistikas On 22 June, Sievi Capital announced that its target company Logistikas Oy had signed an agreement to acquire the shares of Vaasa-based Piccolo Packing Oy and Piccolo Solutions Oy. The preconditions for completing the acquisition have now been met and the transaction enters into force today. Going forward, the acquired companies will be part of Logistikas Group. The seller Piccolo Group Oy became an owner of Logistikas in a directed share issue in connection with the transaction. As a result of the arrangement, Sievi Capital’s holding in Logistikas decreased to 65.9 per cent. SIEVI CAPITAL PLC FURTHER INFORMATION: CEO Päivi Marttila, tel. +358 400 285 358 DISTRIBUTION: Major mediawww.sievicapital.fi Sievi...

                  Assystem acquires a 99% stake in the Indian engineering company, STUP Consultants Private Limited (“STUP”) Paris-La Défense, 1 July 2021, 8.30 a.m. (CEST) – On 30 June 2021, Assystem S.A. (ISIN: FR0000074148 – ASY), a leading player in engineering, acquired 99% of the issued share capital of STUP*, in a transaction that was originally scheduled to close at the end of May 2021. As stated in the press release dated 8 March 2021 announcing the acquisition agreement signed between Assystem and STUP’s shareholders, STUP generates some €20 million in annual revenue and employs 1,100 people across India. It is one of India’s leading players in transportation infrastructure engineering (motorways, railway infrastructure, metropolitan networks and airport terminals). The price for the 99% stake is between €21 and €22 million,...

Worldline signs a strategic partnership with BNLin merchant acquiring in ItalyCreation of a joint venture with BNL banking group through the acquisition of 80% of Axepta Italy based on a € 220 million enterprise valueCommercial partnership aiming to leverage BNL’s banking network in order to distribute Worldline’s payment products and services to customers of the bank.Strategic opportunity to expand Worldline’s Merchant Services activities in the very promising Italian marketAxepta in Italy, a significant bank acquirer in the country, has strong positions with:c. 200 million acquiring transactions per year from c. 220,000 POS c. 30,000 merchants portfolio with more than 60% being SMBsHigh growth and synergies potential, by combining Axepta Italy existing presence with Worldline’ scale and best in class offeringsBezons,...

Top Players in the global Cryptocurrency Market are Microsoft Corporation, BitFury Group Limited, Advanced Micro Devices, Inc., Ripple Labs Inc., Intel Corporation, NVIDIA Corporation, Coinbase Ltd., AlphaPoint Corporation, Xilinx Inc., BitGo, and BTL Group Ltd Pune, India, July 01, 2021 (GLOBE NEWSWIRE) — The worldwide cryptocurrency market size is anticipated to arrive at USD 1,758.0 million by 2027, displaying a CAGR of 11.2% during the estimated time frame. Cryptocurrency is a system of virtual currency exchange that is aimed to eliminate financial intermediaries. The developing tendency of people in created nations towards virtual cash trade strategies will immensely affect the market during the gauge time frame. The joining of blockchain innovation in cryptographic money for quick, secure, and compelling exchanges will reinforce...

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW. TORONTO, June 30, 2021 (GLOBE NEWSWIRE) — Volatus Aerospace Corp. (“Volatus“) and Partner Jet Corp. (“Partner Jet”) (TSXV:PJT) are pleased to announce that Volatus has closed its previously announced private placement (the “Offering”) of subscription receipts (each, a “Subscription Receipt” and collectively, the “Subscription Receipts“). The Offering was oversubscribed and upsized from C$7.5 million to approximately C$9.2 million due to demand. Upon closing of the Offering, 14,051,932 Subscription Receipts were issued at a price of $0.65 per Subscription Receipt (the “Issue Price”) for aggregate gross proceeds...