Month: March 2023

The Taskforce visited the Rakushechnoye Field in Kazakhstan, an asset with quality oil and gas reserves, which is the subject of a production plan which is expected to be implemented following the business combination. The Director General of COG stated that the field is one of the best mid-size fields in Kazakhstan with quality of oil reserves with API47 and gas reserves with high LPG concentration. The Taskforce confirmed that the onshore asset is low cost with high netback. The Taskforce expects to restart production based on implementation of development plans for the project.MIAMI, March 30, 2023 (GLOBE NEWSWIRE) — Liberty Resources Acquisition Corp. (NASDAQ: LIBY, LIBYU, LIBYW) (“Liberty”), a special purpose acquisition company, announced today the establishment of a M&A Transition Taskforce to support the business...

The global grinding machines market size is projected to reach USD 6.73 billion in 2026, at compound annual growth rate (CAGR) of 4.6% during the forecast period. The global grinding machines industry was valued at 4.72 billion in 2018. Pune, India, March 30, 2023 (GLOBE NEWSWIRE) — The global grinding machines market size is expected to reach USD 6.73 billion by 2026 on account of increasing demand from automobile industries worldwide. According to a report published by Fortune Business Insights™ titled, “Grinding Machines Market Size, Share & Industry Analysis and Regional Forecast 2019-2026.” The market value was USD 4.72 billion in 2018. The market is likely to exhibit a CAGR of 4.6% and grow remarkably in the forecast period of 2019 to 2026. Industry Development 360-degree range of STUDER internal cylindrical grinding...

Boston, March 30, 2023 (GLOBE NEWSWIRE) — Duck Creek Technologies (“Duck Creek”), the intelligent solutions provider defining the future of property and casualty (P&C) and general insurance, today announced the completion of its acquisition by Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses, for $19.00 per share, in an all-cash transaction valued at approximately $2.6 billion. “We are excited to commence our partnership with Vista Equity Partners and work together to advance the next generation of P&C insurance technology,” said Michael Jackowski, Chief Executive Officer of Duck Creek. “With Vista’s global network and deep sector expertise, we will be better positioned to support and accelerate the industry’s transition...

SkyQuest’s 3D Ultrasound market report is excellent information for individuals interested in gaining insight into the valuable data, trends, and opportunities in a rapidly growing industry. Additionally, the report is written clearly and concisely, making it accessible to various audiences, from industry experts to market readers. Finally, one can gain an in-depth understanding of the primary and secondary market drivers, providing them with a comprehensive outlook of the current market situation and future projections. Westford, USA, March 30, 2023 (GLOBE NEWSWIRE) — In North America and Asia Pacific, the 3D Ultrasound market is expected  to reach a value of USD 5.76 billion by 2030 with a CAGR of 6.5% over the forecast period (2022-2030). It will experience significant growth, driven by the increasing demand for minimally...

Acquired IXINITY® commercial payment and milestone economics from Aptevo Therapeutics EMERYVILLE, Calif., March 30, 2023 (GLOBE NEWSWIRE) — XOMA Corporation (NASDAQ: XOMA), announced today it has acquired the commercial payment and a portion of the milestone rights to IXINITY® [coagulation factor IX (recombinant)], which is marketed by Medexus Pharmaceuticals for the control and prevention of bleeding episodes and postoperative management in people with Hemophilia B, from Aptevo Therapeutics.  “Adding a new commercial payment stream will benefit XOMA’s shareholders as we build our base of consistent incoming cash flows to help accelerate our royalty aggregation strategy,” stated Brad Sitko, Chief Investment Officer at XOMA.  “IXINITY has an established niche in the Hemophilia B treatment paradigm, with near-term potential opportunities...

Renewable Drones Market Adopting New Technology to Edge Out Global Market: Fortune Business Insights™ Pune, March 30, 2023 (GLOBE NEWSWIRE) — The global renewable drones market size is set to gain momentum from The rise in drones’ adoption in order to curtail the inspection cost and its widespread application are major drivers in market growth. This information is given by Fortune Business Insights™ in an upcoming report, titled, “Renewable Drones Market, 2023-2030.” The report provides the diesel fuel market trends, growth drivers, obstacles, a Porter’s five force analysis, and saving opportunities. It highlights a SWOT analysis and an overview of the key suppliers. Our team of skilled analysts gathers the highly accurate information on the bases of primary and secondary research tools and techniques. Get a Free...