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Month: January 2023

BNP Paribas Group: receipt of all regulatory approvals for the completion of the sale of Bank of the West to BMO Financial Group

Paris, 18 January 2023 Receipt of all regulatory approvals for the completion of the sale of Bank of the West to BMO Financial Group On December 20, 2021, BNP Paribas announced that it had entered into an agreement with BMO Financial Group for the sale of its retail & commercial banking activities in the United States conducted through its subsidiary Bank of the West, Inc (“the Transaction”)1. BMO Financial Group confirmed the receipt of all regulatory approvals required to complete the acquisition of Bank of the West. No further regulatory approvals are required to complete the Transaction. The Transaction is anticipated to close on February 1, 2023, subject to the satisfaction of the remaining customary closing conditions set forth in the agreement. Final financial impacts of the Transaction will be provided on February 7, 2023,...

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Proactive news headlines including Perseus Mining, Terra Uranium, Sunstone Metals and Legacy Minerals

Sydney, Jan. 18, 2023 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in Australia, has covered the following companies:Perseus Mining Ltd (ASX:PRU, TSX:PRU, OTC:PMNXF) continues to showcase the potential of its Yaouré Gold Mine in Côte d’Ivoire with ongoing drilling returning high-grade gold results from the CMA Northwest and CMA North targets. Click here Terra Uranium Ltd (ASX:T92) has begun fieldwork focused on the discovery of major uranium deposits under deep cover in its maiden exploration program in Canada’s prolific Athabasca Basin. Click here Sunstone Metals Ltd (ASX:STM) has unearthed a well-mineralised gold-copper porphyry system during drilling at Limon target within the Bramaderos Project in southern Ecuador. Click here Legacy Minerals Ltd (ASX:LGM) has...

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Electric Bus Market Size to Grow 544 Thousand Units by 2028 | Fortune Business Insights

The global electric bus market size to grow from 192 thousand units in 2021 to 544 thousand units by 2028, growing at CAGR of 16.0% during forecast period. Factors such as increasing demand for sustainable transportation, stringent emission regulations are encouraging the adoption of electric buses as they produce zero emissions to boost the growth of electric bus market globally during forecast period. Pune, Jan. 18, 2023 (GLOBE NEWSWIRE) — The electric bus market size was valued 170 thousand units in 2020 and 192 thousand units in 2021 respectively. The global market size for Electric Bus is predicted to grow significantly, reaching 544 thousand units by 2028, and is expected to grow at a CAGR of 16.0% over the forecast period of 2022 to 2028. This information is provided by Fortune Business Insights, in its report, titled, “Electric...

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US Treasury expands general license to include both VEON Ltd. and VEON Holdings

Amsterdam, 18 January 2023: VEON Ltd. (NASDAQ: VEON, Euronext Amsterdam: VEON), a global digital operator that provides converged connectivity and online services, announced that the U.S. Department of the Treasury, Office of Foreign Assets Control (OFAC) has replaced the General License 54 originally issued on 18 November 2022 with General License 54A to now include both VEON Ltd. and VEON Holdings B.V. (VEON Holdings). This general license authorizes all transactions ordinarily incident and necessary to the purchase and receipt of any debt or equity securities of VEON Ltd. or VEON Holdings that would otherwise be prohibited by section 1(a)(i) of Executive Order (E.O.) 14071. OFAC General License 54A applies to all debt and equity securities of VEON Ltd. or VEON Holdings that were issued before 6 June 2022, and confirms that the authorization...

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BioSenic appoints Dr Carole Nicco as Chief Scientific Officer

Dr Nicco will oversee the development of pipeline across BioSenic’s cell therapy and autoimmune disease platform and will be responsible for R&D programs Mont-Saint-Guibert, Belgium, January 18, 2023, 7am CET – BioSenic(Euronext Brussels and Paris: BIOS), the clinical stage company specializing in serious autoimmune /inflammatory diseases and cell repair, today announces it is strengthening its scientific team with the appointment of Dr. Carole Nicco, as Chief Scientific Officer (CSO). Dr Carole Nicco will be responsible for managing BioSenic’s scientific research and development. She will work closely with BioSenic’s CEO, Prof. François Rieger, to further supervise and enhance BioSenic’s strategic pipeline development, targeting treatments with its cell therapy and autoimmune disease platforms. “BioSenic is completing its C-level...

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NoHo Partners selected as the main supplier for restaurant services by Helsinki Expo and Convention Centre

NoHo Partners Plc INVESTOR NEWS 18 JANUARY 2023 AT 08:00 EET NoHo Partners selected as the main supplier for restaurant services by Helsinki Expo and Convention Centre The restaurant company NoHo Partners has been selected as the main supplier for restaurant services by Helsinki Expo and Convention Centre (brand name Messukeskus) as of 1 July 2023. Helsinki Expo and Convention Centre is the largest venue for exhibitions, meetings and congresses in Finland, hosting national and international events for about a million visitors annually. The annual revenue from the restaurant services at the convention centre is approximately EUR 15 million. The cooperation with Helsinki Expo and Convention Centre is part of large urban projects that comprise one of the cornerstones of NoHo Partners’ profitable growth strategy, which aims EUR 400 million...

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Overview of Bigbank AS loan and deposit portfolio as of end of 2022

Deposits grew by 52% year on year Bigbank’s total deposit portfolio as at the end of 2022 amounted to 1,367.8 million euros, 52% up on a year earlier. At the end of 2021, deposits totalled 898.3 million euros. Savings deposits, which accounted for 621.8 million euros of total deposits at the year-end, grew by 82% compared with a year earlier (341.2 million euros at the end of 2021). Term deposits, which amounted to 746 million euros at the end of 2022, grew by 34% year on year (557.1 million euros at the end of 2021). Loan portfolio grew by 50% year on year The gross portfolio of loans issued by Bigbank stood at 1,356.8 million euros at the end of 2022, reflecting 50% growth on a year earlier (903.9 million euros at the end of 2021). Loans to individuals and corporate customers accounted for 66% and 34% of the total loan portfolio, respectively....

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Biogas Market Size Worth USD 37.02 Billion, Globally, by 2028 at 5.4% CAGR

The global biogas market size to grow from USD 25.61 billion in 2021 to USD 37.02 billion by 2028, growing at CAGR of 5.4% during forecast period. Factors such as development of new technologies, such as advanced anaerobic digestion techniques and biogas upgrading technologies, is driving the growth of the Biogas industry. Also globally increased demand for biomethane as a transportation fuel, grid injection, and heating fuel are boosting the biogas market. Pune, India, Jan. 18, 2023 (GLOBE NEWSWIRE) — The biogas market size was valued USD 24.03 billion in 2020 and USD 25.61 billion in 2021 respectively. The global market size for biogas is predicted to grow significantly, reaching USD 37.02 billion by 2028, and is expected to grow at a CAGR of 5.4% over the forecast period of 2022 to 2028. This information is provided by Fortune...

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Smart Manufacturing Market Size Worth USD 658.41 Billion, Globally, by 2029 at 13.1% CAGR

The global smart manufacturing market size to grow from USD 277.81 billion in 2022 to USD 658.41 billion by 2029, growing at CAGR of 13.1% during forecast period. Factors such as the growth of Industry 4.0 and digitalization is driving the growth of smart manufacturing market globally. Pune, India, Jan. 18, 2023 (GLOBE NEWSWIRE) — The smart manufacturing market size was valued USD 249.56 billion in 2021 and USD 277.81 billion in 2022 respectively. The global market size for smart manufacturing is predicted to grow significantly, reaching USD 658.41 billion by 2029, and is expected to grow at a CAGR of 13.1% over the forecast period of 2022 to 2029. This information is provided by Fortune Business Insights, in its report, titled, “Smart Manufacturing Market, 2022-2029.” According to analysts, the increasing use of automation in...

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Fulcrum Therapeutics Announces Pricing of Upsized Public Offering of Common Stock

CAMBRIDGE, Mass., Jan. 17, 2023 (GLOBE NEWSWIRE) — Fulcrum Therapeutics, Inc. ® (Nasdaq: FULC), a clinical-stage biopharmaceutical company focused on improving the lives of patients with genetically defined rare diseases, today announced the pricing of an underwritten public offering of 9,615,384 shares of its common stock at a public offering price of $13.00 per share. The gross proceeds to Fulcrum from the offering, before deducting underwriting discounts and commissions and other estimated offering expenses, are expected to be $125 million. All shares in the offering are to be sold by Fulcrum Therapeutics. In addition, Fulcrum has granted the underwriters a 30-day option to purchase up to an additional 1,442,307 shares of its common stock. The offering is expected to close on or about January 20, 2023, subject to customary closing...

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