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Day: July 5, 2022

GCM Grosvenor and Blue Wolf Capital Acquire Hallcon Corporation

Acquisition will accelerate the growth of Hallcon’s footprint through expansion into new North American markets and investment in electric vehicle charging infrastructure CHICAGO, July 05, 2022 (GLOBE NEWSWIRE) — GCM Grosvenor (Nasdaq: GCMG), a leading global alternative asset management solutions provider, investing through its Labor Impact Strategy, and Blue Wolf Capital Partners LLC (“Blue Wolf”), a New York-based private equity firm with approximately $2.9 billion of assets under management, announced today that they have acquired Hallcon Corporation (“Hallcon” or the “Company”) from Novacap, a Canadian private equity firm. Terms of the transaction were not disclosed. Hallcon is the leading North American provider of mission-critical transportation services and infrastructure for a broad range of customers including railroads,...

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Independent Proxy Advisory Firm ISS Recommends Healthcare Realty Trust Shareholders Vote “FOR” Proposed Transaction With Healthcare Trust of America

NASHVILLE, Tenn., July 05, 2022 (GLOBE NEWSWIRE) — Healthcare Realty Trust Incorporated (NYSE: HR) (“Healthcare Realty” or the “Company”) today announced that independent proxy advisory firm Institutional Shareholder Services (“ISS”) recommends that Healthcare Realty shareholders vote “FOR” the previously announced transaction with Healthcare Trust of America, Inc. (“HTA”) at the Company’s upcoming special meeting of shareholders scheduled for July 15, 2022. “We are pleased ISS supports our Board’s unanimous recommendation that shareholders vote ‘FOR’ the transaction with HTA,” said Todd Meredith, President and Chief Executive Officer, Healthcare Realty. “We remain on track to complete our strategic combination with HTA, and are especially pleased to see HTA’s second quarter leasing momentum. We are confident the combination with...

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Armada Hoffler Completes $24 Million Retail Sale at a 4.0% Exit Cap Rate

Proceeds significantly exceed projections; Company enhanced property’s value by executing early lease extensions VIRGINIA BEACH, Va., July 05, 2022 (GLOBE NEWSWIRE) — Armada Hoffler (NYSE: AHH) announced that the Company closed on the disposition of two single-tenant assets leased to Costco and Home Depot, located in Durham, North Carolina for $24 million. The transaction was completed on June 29, 2022. The 4.0% exit capitalization rate represents a substantial improvement over the 4.5% goal shared by the Company during its Q1 2022 Earnings Conference Call on May 3, 2022. The Company had previously announced its intent to sell up to $200 million of noncore assets that were expected to yield premium prices in the current market environment before the end of the year. “Despite recent market volatility, investor demand for high...

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TELUS investing $23 billion across Ontario helping generate 9,500 new jobs from 2022 to 2026

TELUS broadband and 5G networks and technology are accelerating Canada’s digital economy by enabling online healthcare, education and teleworking flexibility OTTAWA, July 05, 2022 (GLOBE NEWSWIRE) — TELUS announced today the investment of $23 billion in network infrastructure, operations, and spectrum across Ontario over the next four years and has committed to investing $70 billion overall across Canada by 2026. “This generational $23 billion investment in Ontario is a true demonstration of TELUS’ long-standing commitment to improving the lives of Canadians by connecting communities from coast-to-coast with our world-leading wireless 5G network,” said Darren Entwistle, President and CEO of TELUS. “Our broadband technology is supporting critical, transformational change in respect of enabling online healthcare, education and teleworking...

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Radware Schedules Conference Call for Its Second Quarter 2022 Earnings

TEL AVIV, Israel, July 05, 2022 (GLOBE NEWSWIRE) — Radware® (NASDAQ: RDWR), a leading provider of cyber security and application delivery solutions, will announce its second quarter 2022 financial results on Monday, August 8, 2022. Conference Call DetailsRadware management will host a call on Monday, August 8, 2022, at 8:30 a.m. EDT to discuss its second quarter 2022 results and outlook for the third quarter of 2022. Participants are advised to join the call approximately 15 minutes before the start time. US: 1-888-510-2008 (toll free) International: 1-646-960-0306Conference ID: 1864701 In addition, the call will be webcast live on the Company’s website at http://www.radware.com/ir/investor-events/. A replay of the call will be available for two days, starting two hours after the end of the call, on telephone number 1-647-362-9199...

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InvestmentPitch Media Video Features Nextleaf Solutions, a Federally Regulated Manufacturer and Distributor of Cannabis Extracts Including Vapes and Oils

VANCOUVER, British Columbia, July 05, 2022 (GLOBE NEWSWIRE) — InvestmentPitch Media video features Nextleaf Solutions Ltd. (CSE:OILS) (OTCQB:OILFF) (FSE:L0MA), a federally regulated manufacturer and distributor of cannabis extracts including vapes and oils. Nextleaf, the first publicly traded company to be issued a U.S. patent for the industrial extraction and purification of cannabinoids, has been issued 18 U.S. patents, and over 95 patents globally, on cannabinoid processing including distillation and acetylation. A Media Snippet accompanying this announcement is available by clicking on the image or link below:For more information, please view the InvestmentPitch Media video which provides additional information about this news and the company including video comments from Paul Pedersen, Founder and CEO of Nextleaf Solutions....

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Novartis AG, AstraZeneca Plc, and Pfizer Inc Among Leading Companies in the Thyroid Cancer Pipeline Products Market | Globaldata Plc

Novartis AG has the highest number of thyroid cancer drugs in development LONDON, July 05, 2022 (GLOBE NEWSWIRE) — The “Thyroid Cancer Drugs in Development by Stages, Target, MoA, RoA, Molecule Type and Key Players, 2022 Update” report offered by GlobalData Plc provides comprehensive information on the therapeutics under development for thyroid cancer (oncology), complete with analysis by stage of development, drug target, mechanism of action (MoA), route of administration (RoA) and molecule type. The guide covers the descriptive pharmacological action of the therapeutics, its complete research and development history, and the latest news and press releases. It also reviews key players involved in therapeutic development for thyroid cancer and features dormant and discontinued projects. Leading Companies in the Thyroid Cancer Pipeline...

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Martela Oyj Sale and Leaseback of Nummela Production and Logistic Center

Martela Oyj has signed a sale and leaseback agreement with EPISO 6 Luxembourg Holding S.à r.l. regarding the Nummela production and logistic center. Martela will remain a tenant in the property with a long-term lease agreement.  The value of the transaction is EUR 15 million. As a result of the transaction, Martela will book in the third quarter of 2022 a non-recurring taxable capital gain of around EUR 12 million. Martela Corporation Ville TaipaleCEO For additional information: Ville Taipale, CEO, tel. +358 50 557 2611Kalle Lehtonen, CFO, tel. +358 400 539 968 Distribution Nasdaq OMX Helsinki Key news media www.martela.com Our strategic direction is defined by our mission “Better working” and our vision “People-centric workplaces”. Martela supplies user-centric workplaces where the users and their wellbeing are what matter most. We focus...

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Brown & Brown, Inc. completes the acquisition of Global Risk Partners Limited

DAYTONA BEACH, Fla., July 05, 2022 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) today announced the completion of the previously-announced acquisition of Global Risk Partners Limited. Brown & Brown, Inc. (NYSE: BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With more than 12,000 teammates in 350+ 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 are not historical facts, but instead,...

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Insect Feed Market Trends, Industry Analysis, and Forecast 2029 | Rising Demand for Protein-Rich Feed to Propel Industry Growth

Companies covered in insect feed market are AgriProtein Nutrition, Diptera Feed, Enterra, Entomo Farms, Intrexon Crop, Hexafly, HiProMine, Innova Feed, Kulish, MealFood Europe, Proti-Farm, Protix, and Others. Pune, India, July 05, 2022 (GLOBE NEWSWIRE) — The global insect feed market size is expected to showcase considerable growth in the forthcoming years. This information has been published by Fortune Business Insights™ in its report, titled “Insect Feed Market, 2022-2029.” As the population continues to grow, the chances are high that consumption of animal-based food will increase in the foreseeable future. On this note, the Food and Agriculture Organization of the United Nation has predicted that the population of the world will grow around 9 billion by 2050 based on the current growth patterns. In such a situation...

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