Month: January 2022
PRESS RELEASE – JANUARY 21, 2022
Sale of Cromology was completed
After obtaining the necessary authorizations, Wendel today announced it completed the sale of Cromology to DuluxGroup, a subsidiary of Nippon Paint Holdings Co., Ltd. For Wendel, the transaction generated net proceeds of €896 million or €358 million above Cromology’s valuation in Wendel’s net asset value published before the transaction announcement, i.e. as of June 30, 2021.
This transaction is a milestone in Wendel’s 2021-24 roadmap, and its target to accelerate the redeployment of its capital toward growth companies.
About WendelWendel is one of Europe’s leading listed investment firms. The Group invests in Europe and North America in companies which are leaders in their field, such as Bureau Veritas, Tarkett, Cromology, Stahl, IHS Towers, Constantia Flexibles, and...
Confectionery Market to Hit USD 242.53 Billion by 2028 | Confectionery Industry Share, Growth, Analysis and Forecast by Fortune Business Insights™
Written by Customer Service on . Posted in Mergers And Acquisitions.
Companies covered in confectionery market are Barry Callebaut (Zürich, Switzerland), Ferrero SpA (Alba, Italy), Nestle S.A. (Vevey, Switzerland), Mondelez International, Inc. (Illinois, U.S.), Meiji Holdings Co., Ltd. (Tokyo, Japan), he Hershey Company (Pennsylvania, U.S.), Chocoladefabriken Lindt & Sprungli AG (Zürich, Switzerland), Ezaki Glico Co., Ltd. (Osaka, Japan), HARIBO GmbH & Co. KG (Bonn, Germany), Pladis Global (London, U.K.), and more players profiled
Pune, India, Jan. 21, 2022 (GLOBE NEWSWIRE) — The global confectionery market size is projected to reach USD 242.53 billion by 2028, registering a CAGR of 3.8% during the forecast period. Rising health consciousness among consumers will play a key role in augmenting the growth of this market, shares Fortune Business Insights™ in its recent report, titled “Confectionery...
Oil Storage Terminal Market and Oil & Gas Drill Bit Market Size 2022, Industry Share, Regional Demand and Revenue Growth with Global Key Players Analysis
Written by Customer Service on . Posted in Mergers And Acquisitions.
Oil Storage Terminal Market and Oil & Gas Drill Bit Market report offers a comprehensive study of all the segments and shares information regarding the market development by size, share, growth rate, future trends, drivers, opportunities, and challenges in key regions
Pune, India, Jan. 21, 2022 (GLOBE NEWSWIRE) — The global oil storage terminal market size is expected to reach USD 41.50 billion by 2028, exhibiting a CAGR of 4.7% during the forecast period. Increasing demand for effective crude oil storage facilities, increasing oil trade, and strategic petroleum reserves (SPR) investments to boost market development. Fortune Business Insights™ provides this information in its report titled “Oil Storage Terminal Market, 2021-2028.” The market size was USD 29.32 billion in 2020 and USD 30.16 billion in 2021.
Oil storage terminals...
New Appointment at Panostaja Oyj: Kimmo Kolari becomes CEO of Grano
Written by Customer Service on . Posted in Public Companies.
Panostaja Oyj Stock Exchange Bulletin, changes in management January 21, 2022 at 9 am.New Appointment at Panostaja Oyj: Kimmo Kolari becomes CEO of Grano
Kimmo Kolari, (engineer, MBA, born 1972) has been appointed the new CEO of Panostaja investment Grano. Kolari currently serves as Grano’s vice president and interim CEO and will take over immediately.
Kolari has versatile international expertise in developing and growing marketing outsourcing services, as well as strong knowledge of the printing industry. Prior to joining Grano, Kolari has worked in management positions at Fuji Xerox in the Asia-Pacific region and in the Nordic Morning Group.
Panostaja Oyj
Tapio TommilaCEO
Additional information:
Tapio Tommila, CEO, Panostaja Oyj, +358 40 527 6311
Panostaja is an investment company that acts as an active shareholder to...
Program for the publication of Yara International ASA fourth quarter results 2021
Written by Customer Service on . Posted in Public Companies.
The Yara International ASA fourth quarter 2021 results will be published on Tuesday 8 February 2022 at 08:00 CET.
An on-line presentation will be held at 12:00 CET, hosted by Yara President and CEO Svein Tore Holsether. The presentation will be held in English.
The report, presentation and webcast will be available at the above mentioned times at:yara.com/investor-relations/latest-quarterly-report/
There will also be a conference call at 13:00 CET the same day with an opportunity to ask questions to Yara’s management.
Please use this link for online registration for the conference call:http://emea.directeventreg.com/registration/3677663Participants must register in advance of the conference using the link provided. Upon registering, you will be provided with participant dial-in numbers, Direct Event passcode and unique registrant ID.
In...
Proactive news headlines including Alchemy Resources, Orexplore Technologies, Red River Resources and Evolution Energy Minerals
Written by Customer Service on . Posted in Mergers And Acquisitions.
Sydney, Jan. 21, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Alchemy Resources Limited (ASX:ALY) has begun drilling at the Karonie Gold project in the Eastern Goldfields of Western Australia, targeting several high priority exploration targets identified through high-resolution magnetics and multi-element geochemistry surveying. Click here
Orexplore Technologies Ltd (ASX:OXT), a mining scanning technology company, made its debut on the ASX today following a recent demerger from parent company Swick Mining Services. Click here
Red River Resources Limited (ASX:RVR) has maintained its speculative buy rating from Canaccord Genuity (TSX:CF, LSE:CF) with the 12-month share price target also remaining at A$0.40 per share. Click...
SOITEC PRESS RELEASE
Written by Customer Service on . Posted in Public Companies.
SOITEC PRESS RELEASE
Bernin (Grenoble), France, January 21, 2022 – The announcement of Soitec’s leadership succession plan, on Jan. 19, is the result of a rigorous decision-making process based on a detailed assessment of the Company’s needs for its next phase of development. The process, which began in March 2021, was conducted in complete conformity with best-practice governance standards and with the full support of Soitec’s main shareholders. The chosen successor of Paul Boudre, Pierre Barnabé, has the necessary skills and experience to lead Soitec as Chief Executive Officer for the next phase of growth towards our ambitious objectives.
Following the rumours that have appeared in the press regarding the Executive Committee’s potential views, Eric Meurice, Chairman of the Board of Directors, will take all necessary steps to ensure...
Prosafe SE: Operational update Q4 2021
Written by Customer Service on . Posted in Public Companies.
The fleet utilisation rate in the fourth quarter of 2021 was 59.3 per cent (Q4 2020: 25.0 per cent). The fleet utilisation for the year was 54.5 per cent (2020: 20.4 per cent), the highest utilisation rate since 2015.
Safe Zephyrus was in the yard in Norway preparing for the start-up of a contract for BP in Q1 2022. The vessel will be supporting the Seagull project at ETAP in the UK North Sea for a 10-month contract with up to four months of options.
Safe Caledonia was operating for TotalEnergies at the Elgin platform in the UK until 29 October 2021. The vessel is currently alongside the Elgin platform on a standby rate and will resume operations in March 2022, taking the firm operational period through to December 2022.
Safe Boreas completed the contract for CNOOC at Buzzard in the UK on 14 October 2021. Thereafter, the vessel was...
Beter Bed Holding continued sales growth in Q4 2021 leading to increase in FY 2021 sales
Written by Customer Service on . Posted in Public Companies.
HighlightsOutperformance continues despite COVID-19 challenges and related limitations in store openings
Q4 sales amount to € 60.6 million (+6.3%) with improvements across all businesses, resulting in € 214.2 million (+3.3%) for the full year
Online sales for the full year up 55.9%, leading to an overall channel share of 23.4% for the full year
Continued growth in order intake in Benelux (+0.2% like-for-like) and New Business (+11.6% like-for-like) in Q4
Order intake growth leads to a record level order book of € 25.3 million (up 10.1% vs. 31 December 2020)
John Kruijssen, CEO of Beter Bed Holding, comments:
“We continued to deliver strong results both on- and offline in Q4 2021, despite the ongoing challenges of the COVID-19 (lockdown) constraints. Beter Bed Holding (BBH) and its employees remained resilient in dynamic times. Our...
OceanPal Inc. Announces Pricing of Approximately US$12.5 Million Underwritten Public Offering
Written by Customer Service on . Posted in Public Companies.
ATHENS, Greece, Jan. 21, 2022 (GLOBE NEWSWIRE) — OceanPal Inc. (NASDAQ: OP) (the “Company”), a global shipping company specializing in the ownership of vessels, announced today the pricing of an underwritten public offering consisting of 15,571,429 units at a price of US$0.77 per unit, each unit consisting of one share of common stock (or one pre-funded warrant in lieu of one share of common stock) and one Class A warrant to purchase one share of common stock, which will immediately separate upon issuance. In addition, certain selling stockholders affiliated with the Company are selling 628,571 shares of common stock. Each share of common stock sold by a selling stockholder will be sold with one Class A warrant to purchase one share of common stock. The gross proceeds of the offering to the Company, before underwriting discounts...
