Day: September 12, 2022
PRESS RELEASE
Neuilly-sur-Seine, France – September 12, 2022
Bureau Veritas acquires a majority stake in C.A.P Government, Inc., expanding its Buildings & Infrastructure footprint in the US
Bureau Veritas, a world leader in testing, inspection and certification (TIC), announced the strategic acquisition of C.A.P. Government, Inc. (CAP), a US-based company serving as one of the largest building department services firms in Florida.
As the world leader in TIC for the Buildings & Infrastructure market, Bureau Veritas offers services covering the entire lifecycle of different assets, from planning to design, execution and operation. The group’s technical expertise and in-depth knowledge of local regulations help clients design, develop, and manage cities and infrastructure. This contributes to the development of sustainable and smart...
CGG:Sercel Completes the Acquisition of ION’s Software Business
Written by Customer Service on . Posted in Mergers And Acquisitions.
Paris, France – September 12, 2022
CGG announced today that Sercel, its Sensing & Monitoring division, has completed the acquisition of ION Geophysical Corporation’s (“ION”) software business.
ION’s software business includes:Orca: a navigation system dedicated to streamers
Gator: a navigation system dedicated to OBN
Mesa: a set of tools for optimizing land and marine seismic crews
Marlin: a software for managing simultaneous marine operations, used for marine seismic crews, as well as for various other offshore operations and harborsThis acquisition enables Sercel to supplement its range of software and services, and opens further diversification opportunities in simultaneous marine operations, thanks to the Marlin software.
Sercel intends to operate the newly acquired technology as a business unit for the near future...
Proactive news headlines including Latrobe Magnesium, Australian Potash, Elixir Energy Ltd and Antipa Minerals
Written by Customer Service on . Posted in Mergers And Acquisitions.
Sydney, Sept. 12, 2022 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Latrobe Magnesium Limited (ASX:LMG) has executed a binding Memorandum of Understanding (MoU) with Société Le Nickel for the supply of 450,000 tonnes per annum of ferro-nickel slag over 20 years as feedstock for LMG’s 100,000-tonne-per-annum magnesium plant. Click here
Australian Potash Ltd (ASX:APC) has appointed experienced natural resources finance executive Patrick Leung as chief financial officer. Click here
Elixir Energy Ltd (ASX:EXR) has spudded the first of two wells for pilot production in the wholly-owned Nomgon IX coal bed methane (CBM) production sharing contract (PSC) in Mongolia. Click here
Antipa Minerals Ltd (ASX:AZY)’s war...
FEMSA publishes the provisional interim result of the public tender offer for Valora – participation rate of 84.41%
Written by Customer Service on . Posted in Mergers And Acquisitions.
MONTERREY, Mexico and MUTTENZ, Switzerland, Sept. 12, 2022 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”; BMV: FEMSAUBD.MX; FEMSAUB.MX; NYSE: FMX) today published the provisional interim result of its public tender offer (“Offer”) by FEMSA’s wholly owned subsidiary Impulsora de Marcas e Intangibles, S.A. de C.V., to acquire all publicly held registered shares of Valora Holding AG (“Valora”; SIX: VALN) at a price of CHF 260.00 net in cash per share as pre-announced on July 5, 2022. Based on preliminary figures, 3,698,481 Valora shares have been tendered into the Offer as of the end of the offer period. Taking into account the tendered Valora shares and the Valora shares held by the persons acting in concert with the offeror, FEMSA’s participation amounts to a total of 3,705,570 Valora shares in aggregate,...
AnPac Bio-Medical Sciences Announces Receipt of Staff Delisting Determination from Nasdaq; Intends to Appeal
Written by Customer Service on . Posted in Public Companies.
PHILADELPHIA, Sept. 12, 2022 (GLOBE NEWSWIRE) — AnPac Bio-Medical Science Co., Ltd. (“AnPac Bio,” the “Company” or “we”) (ANPC), a biotechnology company with operations in the United States and China focused on early cancer screening and detection, announced that on September 9, 2022, it received a Staff determination letter (the “Letter”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company of the Staff’s determination to delist the Company’s securities from The Nasdaq Capital Market due to the Company’s failure to regain compliance with the $1 per share bid price requirement of Listed Securities required for continued listing as set forth in Listing Rule 5450(a)(1) (the “$1 Bid Rule”). The Letter states that, unless the Company requests an appeal of the Letter, trading of...
Magna Enters Micromobility Market: Investing in Yulu and Creating Battery-Swapping Business
Written by Customer Service on . Posted in Public Companies.
Magna Enters Micromobility Market: Investing in Yulu and Creating Battery-Swapping Business
Magna and Yulu team up to advance sustainable micromobility in India$77 million investment opens door to fast-growing micromobility market
Battery-swapping service unlocks new business model for Magna
Opportunity to advance sustainable urban mobility in IndiaAURORA, Ontario, Sept. 11, 2022 (GLOBE NEWSWIRE) — Mobility technology company Magna is expanding into the fast-growing micromobility market by investing $77 million in Yulu, India’s largest electrified shared mobility provider, and creating a battery-swapping service company.Yulu deploys shareable, low-speed, electric two-wheelers to facilitate accessible, sustainable urban mobility in India. As part of the agreement, Magna will have a stake in the company and will hold a seat...