September 27, 2021 – Page 18

Construction contract (ECDI storage facilities)

Written by Customer Service on September 27, 2021. Posted in Public Companies.

Nordecon AS and Centre of Defence Investments entered into a contract for the design and construction of storage facilities with associated utility networks in Harju County. The value of the contract is 9.8 million euros plus value added tax and the works will be completed by the end of 2022. Nordecon (www.nordecon.com) is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment. Geographically the Group operates in Estonia, Sweden, Finland and Ukraine. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. The consolidated revenue of the Group in 2020 was 296 million euros. Currently Nordecon Group employs 680 people. Since 18 May 2006 the company’s shares have been quoted in the main list of...

Pilgrim’s Pride Announces Closure of Kerry Consumer Foods’ Meats and Meals Acquisition

Written by Customer Service on September 27, 2021. Posted in Mergers And Acquisitions.

GREELEY, Colo., Sept. 27, 2021 (GLOBE NEWSWIRE) — Pilgrim’s Pride Corporation (Nasdaq: PPC) (“Pilgrim’s” or the “Company”) today announced the completion of the previously announced acquisition of Kerry Consumer Foods’ Meats and Meals business (the “business”) which will operate as a business unit within Pilgrim’s European operations. The transaction was unanimously approved by the Pilgrim’s Board of Directors and was funded with the Company’s recent senior notes offering and credit facility, valuing the business at £680 million (or approximately $932 million based on a 1.37 USD/GBP exchange rate as of September 24, 2021) before working capital and other customary closing adjustments. About Pilgrim’s PridePilgrim’s employs approximately 59,200 people and operates protein processing plants and prepared-foods facilities in 14 states,...

BW Energy: Speculation related to the acquisition of Golfinho

Written by Customer Service on September 27, 2021. Posted in Public Companies.

Speculation related to the acquisition of Golfinho BW Energy notes the press speculation regarding the possibility of the Group making an acquisition for the Golfinho field in Brazil, which Petrobras has in their divestment program. BW Energy is continuously looking at opportunities to acquire assets in line with the Group’s stated strategy. There is no guarantee that the Group will complete any such process. Specifically, the Group has made no formal decision to acquire any of the assets currently being marketed by Petrobras. For further information, please contact: Knut R. Sæthre, CFO, +47 911 17 876 ir@bwenergy.no or www.bwenergy.no About BW Energy: BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access...

Faurecia launches public takeover offer for Hella

Written by Customer Service on September 27, 2021. Posted in Mergers And Acquisitions.

Nanterre (France), September 27, 2021 FAURECIA LAUNCHES PUBLIC TAKEOVER OFFER FOR HELLA Hella shareholders can tender their shares from today until October 25, 2021 Faurecia is offering a cash payment of €60 per share, representing an attractive premium for Hella shareholders Faurecia, with its wholly owned subsidiary Faurecia Participations GmbH as bidding entity, today published the offer document for its voluntary public takeover offer in cash for all outstanding shares of Hella, a major automotive player in lighting and electronics based in Lippstadt, Germany. The offer price is €60.0 per share in cash. This represents a total consideration of €60.96 (including the expected dividend of €0.96 to be paid by Hella to Hella shareholders pre-closing), which corresponds to an attractive premium of 33% vs. the latest unaffected1 share...

Intertrust announces EUR 100 million share buyback programme

Written by Customer Service on September 27, 2021. Posted in Public Companies.

Amsterdam, the Netherlands – 27 September 2021 – Intertrust N.V. (“Intertrust” or “the Company”) [Euronext: INTER], a global leader in providing tech-enabled fund and corporate solutions, today announces a programme to repurchase ordinary shares in its capital for a total aggregate consideration of EUR 100 million. This decision is part of a process undertaken over recent months in which Intertrust’s Management Board and Supervisory Board have explored, and continue to actively explore, a number of options to maximize shareholder value. The Boards are of the view that the current market valuation of the Company does not accurately reflect its intrinsic value. Share buyback programmeThe Intertrust Management Board and Supervisory Board firmly believe in the strategy that has seen the Company consolidate its focus on high-growth areas,...

ReveraGen and Santhera Announce FDA Orphan Grant Funding for Clinical Trial with Vamorolone in Becker Muscular Dystrophy

Written by Customer Service on September 27, 2021. Posted in Public Companies.

Rockville, MD, USA, and Pratteln, Switzerland, September 27, 2021 – ReveraGen Biopharma and Santhera Pharmaceuticals (SIX: SANN) announce that ReveraGen has received a USD 1.2 million grant from the FDA under their “Clinical Studies of Orphan Products Addressing Unmet Needs of Rare Diseases (R01)” grants program. The grant adds to existing grants from the National Institutes of Health, NIAMS, and the Foundation to Eradicate Duchenne to initiate a clinical trial of vamorolone in adults and children with Becker muscular dystrophy, a progressive muscle wasting disease similar to Duchenne muscular dystrophy, but usually milder. Vamorolone, a dissociative steroid drug, that has shown retention of efficacy and reduction of safety concerns typically associated with corticosteroids in Duchenne muscular dystrophy (DMD) will now be tested in a 24-week...

Bonduelle – 2020-2021 Annual Results: Business activity and profitability sustained in an environment subject to sanitary constraints

Written by Customer Service on September 27, 2021. Posted in Earnings Releases And Operating Results.

BONDUELLE A French SCA (Partnership Limited by Shares) with a capital of 57 102 699,50 EurosHead Office: La Woestyne 59173 Renescure, FranceRegistered under number: 447 250 044 (Dunkerque Commercial and Companies Register) 2020-2021 Annual Results (July 1, 2020 – June 30, 2021) Business activity and profitability sustained in an environment subject to sanitary constraints Growth of revenue on a like for like basis(1), contrasted by technology and distribution channels, impacted by the sanitary crisis and the related restrictions Growth of net profitability despite the direct and indirect effects of the sanitary situation and the unfavourable exchange rate impacts Financial debt and associated ratios under full control Sales and profitability growth expected in 2021-2022 Strategic review of North American Long Life activities On...

NXP Trimension™ Ultra-Wideband Technology Powers Xiaomi MIX4 Smartphone to Deliver New “Point to Connect” Smart Home Solution

Written by Customer Service on September 27, 2021. Posted in Public Companies.

Xiaomi customers can now connect their MIX4 to select AIoT devices by simply pointing their smartphone NXP TrimensionTM Ultra-Wideband Technology Powers Xiaomi MIX4 Smartphone to Deliver New “Point to Connect” Smart Home Solution Xiaomi customers can now connect their MIX4 to select AIoT devices by simply pointing their smartphone EINDHOVEN, The Netherlands, Sept. 26, 2021 (GLOBE NEWSWIRE) — NXP Semiconductors (NASDAQ: NXPI) today announced that its Trimension Ultra-Wideband (UWB) solution powers new “Point to connect” capabilities in Xiaomi’s latest flagship phone, the Xiaomi MIX4. UWB delivers new levels of smart home convenience through the rapid and accurate connection of the smartphone to select devices in the Xiaomi smart home ecosystem, such as Xiaomi Sound Smart speakers and TVs, and opens the door for expanded...

Day: September 27, 2021

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