Month: July 2022
BEVERLY, Mass., July 01, 2022 (GLOBE NEWSWIRE) — LexaGene Holdings, Inc., (OTCQB: LXXGF; TSX-V: LXG) (“LexaGene” or the “Company”), a molecular diagnostics company that has commercialized the MiQLab® System for automated, multiplexing PCR-based syndromic testing in veterinary clinics, is pleased to announce that it has entered into a purchase agreement with a veterinary hospital in Wisconsin.
Dr. Jack Regan, LexaGene’s CEO and Founder stated, “We are pleased to announce this sale to a veterinary hospital in Wisconsin. Once we complete our scheduled installations, we will have MiQLab Systems operating in 10 states across the US. Since the start of this year, our install base has increased 240% and we expect an even steeper increase in the latter part of this year.”
To learn more about LexaGene and the MiQLab System or subscribe...
FLSmidth to deliver process technology for greenfield cement plant in Asia
Written by Customer Service on . Posted in Public Companies.
FLSmidth has won a contract to supply a series of state-of-art equipment for a greenfield cement plant in Asia.
The order is valued at more than DKK 400 million and has been booked in Q2 2022. The equipment will be supplied during 2023.
The contract includes among other technologies; the FLSmidth OKTM Raw Mill, OKTM Cement Mill and Low NOx ILC preheater, which are flagships in FLSmidth’s MissionZero programme for Cement.
“This project showcases FLSmidth’s ability to deliver energy efficient technologies across the full cement flowsheet and thereby supporting our customers in both increasing capacity and their sustainability efforts,” says Carsten Riisberg Lund, Cement Industry President, FLSmidth.Contacts:
Investor RelationsJannick Lindegaard Denholt, +45 21 69 66 57, jli@flsmidth.comTherese Möllevinge, +45 41 37 16 38, tmo@flsmidth.comMikkel...
Franchise Group Updates Status of Kohl’s Negotiations
Written by Customer Service on . Posted in Mergers And Acquisitions.
DELAWARE, Ohio, July 01, 2022 (GLOBE NEWSWIRE) — Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group”) today announced that its negotiations to acquire Kohl’s Corporation (“Kohl’s”) have terminated. Franchise Group appreciates the time and attention afforded to it by Kohl’s management and advisors, as well as the trust and support it received from its financing partners in connection with the potential transaction. Franchise Group remains committed to evaluating internal and external opportunities that it believes will enhance shareholder value.
About Franchise Group, Inc.
Franchise Group is an owner and operator of franchised and franchisable businesses that continually looks to grow its portfolio of brands while utilizing its operating and capital allocation philosophy to generate strong cash flow for its shareholders....
American Energy Announces the Acquisition of Austin Master Services
Written by Customer Service on . Posted in Mergers And Acquisitions.
CANONSBURG, PA, July 01, 2022 (GLOBE NEWSWIRE) — via NewMediaWire – American Energy Partners, Inc. (“American Energy”) (OTC: AEPT), an environmental service company, today announced that it has acquired Austin Master Services, LLC (“Acquisition”) located in Pottstown, PA effective July 1, 2022.
Total consideration for the Acquisition was not disclosed and was funded through a combination of cash, conventional debt, and common stock. The Acquisition will immediately be accretive to earnings, and we believe it will increase American Energy’s annualized revenue to over $25,000,000.
Austin Master Services is a full-service, comprehensive environmental services firm specializing in radiological waste management solutions, including deactivation and decommissioning (D&D), remediation and transportation. They provide professional...
Brown & Brown, Inc., completes the acquisition of Patrick Quinlan Insurance by O’Leary Insurance Ltd.
Written by Customer Service on . Posted in Mergers And Acquisitions.
DAYTONA BEACH, Fla., July 01, 2022 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) today announced the completion of the previously announced acquisition of Quinlan Insurance by O’Leary Insurances Ltd., part of Brown & Brown.
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...
Wabash Schedules Second Quarter 2022 Earnings Conference Call
Written by Customer Service on . Posted in Public Companies.
LAFAYETTE, Ind., July 01, 2022 (GLOBE NEWSWIRE) — Wabash (NYSE: WNC) today announced that it will webcast its quarterly earnings conference call to review and discuss its financial results for the second quarter 2022 on Wednesday, July 27, 2022 beginning at 11:00 a.m. ET.
The call and an accompanying slide presentation will be accessible on the “Investors” section of Wabash’s website, www.onewabash.com, under “Events & Presentations.” The conference call will be accessible by dialing (888) 210-2582, conference ID 6579482. A replay of the call will be available shortly after the conclusion of the presentation and will remain available for one year following the date of the call. Access to the replay will be available on the “Investors” section of Wabash’s website under “Events &...
Mindaugas Keizeris becomes the new CEO of EPSO-G
Written by Customer Service on . Posted in Public Companies.
The Board of the energy transmission and exchange companies group EPSO-G appointed Mindaugas Keizeris as the new CEO of EPSO-G on Friday, who will take over his office on August 22. The new CEO of EPSO-G will continue the implementation of the long-term strategy of the Group and the strengthening of Lithuania’s energy independence established therein.
Until August 22, the CFO Algirdas Juozaponis will continue his work as an interim CEO of the company and the Tomas Varneckas, the Head of the Infrastructure Department will be responsible for implementation of strategic projects of the Group, including the installation of physical barrier on the border with Belarus.
Since 2012, M. Keizeris has worked for Lietuvos Energija (currently Ignitis Group) as a member of the Group’s Board, as well as on the Boards and Supervisory Boards of its subsidiaries....
Lesaka Released Connect Group Historical Results and Unaudited Pro Forma Financial Statements
Written by Customer Service on . Posted in Public Companies.
Company to Host Webcast to Discuss Results on July 7, 2022
JOHANNESBURG, South Africa, July 01, 2022 (GLOBE NEWSWIRE) — Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (NasdaqGS: LSAK; JSE: LSK) today announced that the Company released Connect Group’s audited historical financial statements for the two years ended February 28, 2022 (“Connect Financial Statements”) and unaudited pro forma combined financial statements which can be found on the SEC.gov website at https://www.sec.gov/Archives/edgar/data/1041514/000156276222000288/0001562762-22-000288-index.htm.
In addition, the Company announced it will host a webcast on July 7, 2022, at 10:00 a.m. Eastern Time to discuss the results.
Selected Highlights from Connect Financial Statements for the Year Ended February 2022:Revenue increased to R5.1 billion, up 22%, underpinned...
The Board of Directors of NoHo Partners Plc has decided on a directed share issue as a part of the acquisition of all the shares in Sea Horse Oy
Written by Customer Service on . Posted in Public Companies.
NoHo Partners Plc
STOCK EXCHANGE RELEASE 1 July 2022 at 1 p.m.
The Board of Directors of NoHo Partners Plc has decided on a directed share issue as a part of the acquisition of all the shares in Sea Horse Oy
The board of directors of NoHo Partners Plc (“NoHo Partners”) has today, by virtue of an authorisation granted by the company’s annual general meeting on 27 April 2022, decided to issue 170,728 new shares (“New Shares”) in a directed share issue. The New Shares correspond to approximately 0.83 per cent of all shares in NoHo Partners before the share issue.
The share issue relates to a transaction whereby NoHo Partner purchases all the shares in Sea Horse Oy. The share issue is directed to Fonda Oy (“Seller”) as the seller of Sea Horse Oy. Sea Horse Oy owns restaurant Sea Horse that operates in Helsinki. After the transaction, Sea...
Performance Shipping Inc. Announces New Loan Facility With Piraeus Bank S.A. to Finance Acquisition of Sixth Aframax Tanker
Written by Customer Service on . Posted in Public Companies.
ATHENS, Greece, July 01, 2022 (GLOBE NEWSWIRE) — Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that it has entered into an agreement for a new amortizing term loan facility of up to approximately US$31.9 million with Piraeus Bank S.A. (the “Facility”) through two separate wholly-owned subsidiaries of the Company. Proceeds from the Facility will be used to refinance approximately US$7.3 million of the existing term loan facility with Piraeus Bank S.A. secured by the M/T P. Yanbu and to partially finance the previously-announced acquisition of the Company’s sixth Aframax tanker vessel, to be renamed M/T P. Sophia, through a second advance of up to approximately US$24.6 million.
The Facility shall bear interest at the rate...
