Day: December 1, 2022

Newtek Receives Approval From the OCC to Acquire National Bank of New York City

Written by Customer Service on December 1, 2022. Posted in Mergers And Acquisitions.

Newtek Recently Received Federal Reserve Approval to Become a Bank Holding Company BOCA RATON, Fla., Dec. 01, 2022 (GLOBE NEWSWIRE) — Newtek Business Services Corp. (NASDAQ: NEWT) (“Newtek”) today announced that it has received conditional approval from Office of the Comptroller of the Currency (“OCC”) to complete its acquisition of the National Bank of New York City (“NBNYC” and the “Acquisition”). Newtek announced last week that it received approval from the Federal Reserve to become a bank holding company and a financial holding company by acquiring NBNYC. Newtek expects the Acquisition to close in January 2023, subject to completion or waiver of the remaining closing conditions. Upon the close of the Acquisition, NBNYC will be renamed Newtek BankTM, National Association (“Newtek Bank, N.A.”) and Newtek’s current portfolio companies...

Aptean Expands Offerings in France Through Acquisition of Mistral

Written by Customer Service on December 1, 2022. Posted in Mergers And Acquisitions.

Modular ERP Solution in the Cloud Is Purpose-Built for Equipment Dealers and Distributors ALPHARETTA, Ga., Dec. 01, 2022 (GLOBE NEWSWIRE) — Today, Aptean, a global provider of mission-critical enterprise software solutions, announced its acquisition of Mistral Group, a French provider of enterprise resource planning (ERP) solutions designed for dealers and distributors of agricultural and construction equipment. Aptean acquired Mistral from private equity investor Omnes Capital and other private shareholders. Founded in 1980 and based in Clermont-Ferrand, France, Mistral ERP solution is used by over 500 equipment dealers, distributors, repair shops and rental specialists that rely on its solutions to support the needs of their businesses. Mistral’s integrated and modular solution is verticalized to fit these industry sub-segments...

Company Announcement 14/2022

Written by Customer Service on December 1, 2022. Posted in Earnings Releases And Operating Results.

December 1, 2022 NORDIC SHIPHOLDING A/SCompany Announcement: 14/2022 Published via NASDAQ OMX on December 1, 2022Q3 Result 2022Summary Voluntary solvent liquidation of the CompanyAs stated in the Company Announcement 12/2022 on 1 December 2022, with the commitment and continual support from the majority shareholder of Nordic Shipholding A/S, Nordic Maritime S.à r.l., the Board of Directors have decided to call for an extraordinary general meeting with the intention to initiate a voluntary solvent liquidation of the Company. No distribution of funds to the shareholders is anticipated upon completion of the liquidation. To enable the liquidation to be solvent, the majority shareholder has agreed to waive the necessary part of its loan to the Group. It is expected that the aggregate cash balance of Nordic Shipholding A/S and its subsidiaries...

Hamilton Thorne Announces the Acquisition of Microptic, S.L.

Written by Customer Service on December 1, 2022. Posted in Mergers And Acquisitions.

• Strengthens Hamilton Thorne Footprint in Computer Assisted Semen Analysis (CASA) for the IVF clinic • Significantly expands expertise in artificial intelligence (AI) enabled product offerings • Expands direct sales and support platform for the Hamilton Thorne group’s product portfolio in Europe BEVERLY, Mass. and TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) — Hamilton Thorne Ltd. (TSX-V: HTL) (“Hamilton Thorne” or the “Company”), a leading provider of precision instruments, consumables, software and services to the Assisted Reproductive Technologies (“ART”) research, and cell biology markets, today announced that it has closed the acquisition (the “Transaction”) of Microptic, S.L. (“Microptic”) effective as of November 30, 2022. Microptic, based in Barcelona, Spain is a leading...

BlueRush Announces Strong Fiscal 2022 Year End Financial Results

Written by Customer Service on December 1, 2022. Posted in Earnings Releases And Operating Results.

Growth of SaaS revenues and Professional Services, plus the launch of a new platform extension to support sales and marketing teams with personalized video all contribute to a rise in gross profits. TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) — BlueRush Inc. (“BlueRush” or the “Company“) ‎‎(TSXV:BTV; OTCQB:BTVRF), a leading personalized video Software as a Service (“SaaS”) ‎company, today announced its financial results for the three months and year ended July 31, 2022, which were marked by strong growth and impressive margins. The Company’s financial statements and full Management’s Discussion and Analysis for the three months and year ended July 31, 2022 is available under the Company’s profile on SEDAR (www.sedar.com), “In 2022 we saw growth in every area of the business, against...

Form 8.3 – Octopus Investments – Curtis Banks Group plc

Written by Customer Service on December 1, 2022. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: OCTOPUS INVESTMENTS LTD(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named. (c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offeree Curtis Banks Group plc(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: (e) Date position held/dealing...

Global Aerospace Composites Market to Reach $43.33 Billion | Carbon Fiber to Generate 35% Revenue, But the Journey is Not Without Disturbances

Written by Customer Service on December 1, 2022. Posted in Mergers And Acquisitions.

Global aerospace composites market was valued at USD 24.79 billion in 2021 and it is expected to reach at USD 43.33 billion by 2028, at a CAGR of 11.2% over the forecast period (2022-2028). Westford, USA, Dec. 01, 2022 (GLOBE NEWSWIRE) — The growth of the global aerospace composites market is propelled by the increasing demand for fuel-efficient aircraft and the growing demand for commercial aircraft. Aerospace composites are extensively used in both military and commercial aircraft owing to their superior properties such as high strength-to-weight ratio, stiffness, and resistance to fatigue and corrosion. These materials are used in various aircraft applications such as fuselage, wings, empennage, doors & hatches, flooring & sidewalls, and engine nacelles. The use of composites in aircraft helps reduce the overall weight...

Global Home Security Systems Market to Hit Sales of $90.5 Billion by 2028 | ADT is Well Positioned to Gain Momentum

Written by Customer Service on December 1, 2022. Posted in Mergers And Acquisitions.

Global home security systems market was valued to be US$ 54.4 billion in 2021, and it is anticipated to reach US$ 90.5 billion by 2028 at a CAGR of 8.3% over the forecast period 2022–2028. Westford, USA, Dec. 01, 2022 (GLOBE NEWSWIRE) — As the world becomes more connected, and more and more people are working from home, the demand for home security systems is increasing. Home security systems provide peace of mind by deterring criminals and protecting homeowners in the event of a break-in. There are a number of factors driving the increased demand for home security systems market. The first is the increased incidents of home invasions and burglaries. Home invasions are often violent, and can leave homeowners feeling violated and scared. Another factor driving the demand for the products is the rise in “smart home” technology....

Global business travel market to Witness Revenue Generation $1.87 Trillion by 2028 | US Alone to Spend Over $357 Billion on Business Travel

Written by Customer Service on December 1, 2022. Posted in Mergers And Acquisitions.

Global business travel market size was valued at USD 787.76 billion in 2021 and is expected to reach USD 1876.37 billion by 2028, growing at a CAGR of 13.20% in the forecast period (2022-2028). Westford, USA, Dec. 01, 2022 (GLOBE NEWSWIRE) — As businesses continue to expand their operations internationally, spending on business travel market is expected to reach new heights. In fact, according to a recent report by the Global Business Travel Association (GBTA), global spending on business travel is forecasted to reach $1.87 trillion by 2028. This growth is being driven by rising corporate profits and expanding international trade, which are increasing opportunities for businesses to travel. The study forecasts that domestic business travel spending will grow at a slightly faster rate than international spending, due to strong economic...

Global Permanent Magnet Market to Offer Revenue Opportunity Worth $55.2 Billion by 2028 | JL MAG Rare-Earth Co., Ltd Production Capacity Reached 25,000 Tons

Written by Customer Service on December 1, 2022. Posted in Mergers And Acquisitions.

Global permanent magnet market was valued at US$ 35.2 billion in 2021, and it is expected to reach a value of USD 55.2 billion by 2028, at a CAGR of 8.5% over the forecast period (2022–2028). Westford, USA, Dec. 01, 2022 (GLOBE NEWSWIRE) — Permanent magnets are widely used in many industries, from automotive to renewable energy, and their applications are forecast to grow over the coming years. As a result, the global permanent magnet market is booming, with new players entering the market and existing players expanding their production facilities. Demand for permanent magnets has increased significantly in recent years, due to the continued miniaturization of electronics and the rise of renewable energy technologies. Permanent magnets are made from materials that can be magnetized, such as iron, nickel, cobalt, and rare earth...

Day: December 1, 2022

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals