Month: February 2023

ISELIN, N.J. and OAK RIDGE, N.J., Feb. 01, 2023 (GLOBE NEWSWIRE) — Provident Financial Services, Inc. (NYSE: PFS) (“Provident”), the parent company of Provident Bank, and Lakeland Bancorp, Inc. (Nasdaq: LBAI) (“Lakeland”), the parent company of Lakeland Bank, today announced the receipt of their respective stockholder and shareholder approvals in connection with the proposed merger of Lakeland with and into Provident. The closing of the proposed merger remains subject to regulatory approvals and certain other customary closing conditions. About Provident Financial Services, Inc. Provident Financial Services, Inc. is the holding company for Provident Bank, a community-oriented bank offering “commitment you can count on” since 1839. Provident Bank provides a comprehensive array of financial products and services through...

ISELIN, NJ. and OAK RIDGE, NJ., Feb. 01, 2023 (GLOBE NEWSWIRE) — Provident Financial Services, Inc. (NYSE: PFS) (“Provident”), the parent company of Provident Bank, and Lakeland Bancorp, Inc. (Nasdaq: LBAI) (“Lakeland”), the parent company of Lakeland Bank, today announced the receipt of their respective stockholder and shareholder approvals in connection with the proposed merger of Lakeland with and into Provident. The closing of the proposed merger remains subject to regulatory approvals and certain other customary closing conditions. About Provident Financial Services, Inc. Provident Financial Services, Inc. is the holding company for Provident Bank, a community-oriented bank offering “commitment you can count on” since 1839. Provident Bank provides a comprehensive array of financial products and services through...

Revised transaction structure results in ADES acquiring 100% of the equity interests of Arq Limited subsidiaries in exchange for issuance of preferred shares Final ownership terms results in legacy ADES shareholders retaining 59% of the outstanding equity GREENWOOD VILLAGE, Colo., Feb. 01, 2023 (GLOBE NEWSWIRE) — Advanced Emissions Solutions, Inc. (NASDAQ: ADES) (the “Company” or “ADES”), a leader in emissions control solutions for coal-fired power generation, industrial and municipal water purification markets, today closed its previously announced agreement with Arq Limited to combine their respective businesses on updated terms and structure. “We are pleased to announce the completion of the acquisition of all of the subsidiaries of Arq Limited. As a result of changing macroeconomic conditions, the Board and management team...

BLOOMINGTON, Ill., Feb. 01, 2023 (GLOBE NEWSWIRE) — HBT Financial, Inc. (NASDAQ: HBT) (the “Company”, “HBT Financial” or “HBT”), the holding company for Heartland Bank and Trust Company, today announced that it has completed its merger with Town and Country Financial Corporation (“Town and Country”), the holding company for Town and Country Bank. As of December 31, 2022, Town and Country Bank had $923 million in total assets, $662 million in total loans held for investment, and $762 million in total deposits. The completion of the merger expands HBT Financial’s Illinois footprint into the Springfield, St. Louis Metro East, Decatur, Jacksonville and Quincy markets. Fred L. Drake, Chairman and Chief Executive Officer of HBT Financial, said, “We are very excited to close this merger with Town and Country. We welcome their customers,...

50/50 Joint-Venture to be Granted Exclusive Global Sales and Marketing Rights to CWTI’s Portfolio of Patented and Patent-Pending Electrochemical Water Treatment Technologies and Green Hydrogen Production From Waste Water GUELPH, Ontario, Feb. 01, 2023 (GLOBE NEWSWIRE) — Current Water Technologies Inc. (TSX-V: WATR) (“CWTI” or the “Company” or “the Corporation”), an emerging technology leader in the management of industrial and municipal wastewater and drinking water resources, announced today that the Company has executed a binding Memorandum of Agreement (MOA) with Separtis Technologies Global Pte Ltd of Singapore. CWTI’s CEO, Dr. Gene Shelp said that, “Separtis and CWTI have embarked upon an ambitious schedule to establish a 50/50 joint venture company for global sales and marketing activities focused on the water treatment and...

Mondee resumes its accretive M&A strategy by acquiring complementary, synergistic businesses that expand its geographic footprint and enhance its marketplace AUSTIN, Texas, Feb. 01, 2023 (GLOBE NEWSWIRE) — Mondee Holdings, Inc. (Nasdaq: MOND) (“Mondee” or the “Company”), a technology-driven, next-generation marketplace that enables growth in a $1 trillion segment of the travel market, today announced the acquisition of Orinter, a high-growth and leading travel provider with a strong presence in Brazil and Latin America. Mondee is already a market leader in North America. Brazil, the largest and one of the more dynamic markets in South America, offers a natural expansion opportunity. Orinter is a disruptive growth company in a high growth market, evidenced by its 2019 – 2022 net revenue CAGR of 38%, despite two full years of...