Day: April 1, 2022

NEW YORK, April 01, 2022 (GLOBE NEWSWIRE) — Valley National Bancorp (NASDAQ: VLY) (“Valley”) announced that its acquisition of Bank Leumi Le-Israel Corporation (“Leumi USA”), the U.S. subsidiary of Bank Leumi Le-Israel B.M. (“BLITA”), and parent company of Bank Leumi USA (“Bank Leumi”) was completed effective April 1, 2022. Valley will issue approximately 85 million shares of common stock and pay $113 million in cash in the transaction. The common shareholders of Leumi USA will receive 3.8025 shares of Valley common stock and $5.08 in cash for each Leumi USA common share that they own. As of December 31, 2021, Bank Leumi had approximately $8.3 billion in assets, $5.8 billion of diverse commercial loans and $7.1 billion of low-cost deposits. The acquisition supplements Valley’s commercial banking expertise and provides new business...

Key Players Covered in the Chronic Wound Care Market are Smith & Nephew (U.K.), mölnlycke Health Care AB (Sweden), 3M (U.S.), ConvaTec Group PLC (U.K.), Tissue Regenix (U.S.), B. Braun Melsungen AG (Germany), Integra LifeSciences Corporation (U.S.), Coloplast Corp (Denmark), Cardinal Health (Ohio), MiMedx (U.S.), Triad Life Sciences, Inc. (U.S.) Pune, India, April 01, 2022 (GLOBE NEWSWIRE) — The chronic wound care market size is predicted to reach USD 19.52 billion by 2029 and exhibit a CAGR of 6.7% during the projected period. Fortune Business InsightsTM has presented this information in its report titled, “Chronic Wound Care Market, 2022-2029”. The market stood at USD 11.61 billion in 2021 and USD 12.36 billion in 2022. Industry Developments- June 2021: ConvaTec Group PLC announced a collaboration with RLS Global in June...

Aviation Gasoline Market Forecast to Grow at 5.0% CAGR Through 2029 In spite of Economic Pressures from COVID-19; Robust Policies Underpin Europe Industry Outlook Pune, India, April 01, 2022 (GLOBE NEWSWIRE) — The global Aviation Gasoline market size is projected to reach USD 2.71 Billion in 2029, an increase of 5.0% CAGR from 2022, according to the latest forecast from Fortune Business Insights. The global Aviation Gasoline Market size stood at USD 1.84 billion in 2021. Regardless of economic pressures brought by the COVID-19 pandemic, the Aviation Gasoline market is still expected to grow at 5.0% CAGR by 2029. Report gives depth insights on Global Aviation Gasoline market and how to reconsider business strategy. Report assists with acquiring knowledge into how organizations can utilize it to overcome Aviation Gasoline business...

Railway Cyber Security Companies covered in this report are Thales Group, Siemens AG, Bombardier, Huawei, Alstom, IBM, Nokia Networks, Cisco, General Electric, United Technologies, Hitachi Pune, India, April 01, 2022 (GLOBE NEWSWIRE) — The global Railway cyber security market size is projected to hit USD 16.72 billion by 2028, at a CAGR of 7.97%, according to the latest forecast from Fortune Business Insights. The global Railway cyber security Market size stood at USD 9.18 billion in 2020 and USD 9.77 billion in 2021. The rising incidences of cyber-attacks and data leakages are expected to boost the market growth. Regardless of economic pressures brought by the COVID-19 pandemic, the Railway cyber security market is still expected to grow at 7.97% CAGR by 2028. Report gives depth insights on global Railway cyber security market...

DAYTONA BEACH, Fla., April 01, 2022 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) today announced the completion of the previously-announced acquisition of Orchid Underwriters Agency and CrossCover Insurance Services. Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 12,000 teammates in more than 300 locations across the U.S. and select global markets, we are committed to providing innovative strategies to help protect what our customers value most. For more information or to find an office near you, please visit bbinsurance.com. This press release may contain certain statements relating to future results which are forward-looking statements, including those associated with this acquisition. These statements...

HARTSVILLE, S.C., April 01, 2022 (GLOBE NEWSWIRE) — Sonoco (NYSE: SON), one of the largest global sustainable packaging companies, today announced it has acquired the remaining one-third interest in Sonoco do Brasil Participacoes, Ltda, a Brazil-based flexible packaging joint venture, from private investors. Sonoco acquired its two-third interest in the joint venture in 2015 from Graffo Paranaense de Embalagens S/A, a closely held flexible packaging operation located in Pinhais, near Curitiba, Brazil. The joint venture had sales of approximately $34 million in 2021 and is a top-tier flexible packaging supplier to several global multinational consumer packaging goods companies serving confectionery, dairy, pharmaceutical and industrial markets in Brazil. The joint venture operates high-quality rotogravure printing and sophisticated...