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Day: June 1, 2023

Preliminary agreement with Develia, a polish developer for the sale of Nexity’s development activities in Poland

PRELIMINARY AGREEMENT WITH DEVELIA, A POLISH DEVELOPER FOR THE SALE OF NEXITY’S DEVELOPMENT ACTIVITIES IN POLAND Paris, 1 June 2023, 5.45 pm CET As part of the halt of its international expansion, Nexity is announcing the sale of its development activities in Poland to Develia, a Polish developer. This sale, the price of which has been set at 100 million euros, is in line with the timetable announced by Nexity in February 2023 in its 2022 annual results and will help to reduce the Group’s net debt. The agreement will be finalised as soon as the consent of the President of UOKIK (Office of Competition and Consumer Protection) is granted. The press release published by Develia is available on Nexity’s website: Nexity Finance website NEXITY – LIFE TOGETHER With 8,500 employees and €4.7 billion in revenue in 2022, Nexity...

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Microdermabrasion Devices Market Size More Than Doubles to Cross USD 1 Billion With the CAGR of 10.8% by 2029 | BlueWeave Consulting

North America held the highest share in the global microdermabrasion devices market due to increasing demand for minimally invasive techniques and cosmetic procedures. The American Society of Plastic Surgeons (ASPS) has compared the growth in rates of cosmetic procedures from 2000 to 2018 and has observed that North America had the highest procedure volume of non-surgical aesthetic treatments globally. Due to these factors, North America is expected to remain a key revenue generator for the global market in the coming years. New Delhi, June 01, 2023 (GLOBE NEWSWIRE) — The global microdermabrasion devices market is flourishing because of an increasing demand for non-invasive aesthetic treatment and growing awareness of skin diseases among people. BlueWeave Consulting, a leading strategic consulting and market research firm, in its...

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Automotive Fuel Cell Vehicle Market Size Zooming More Than 20X to Reach Whopping USD 56 Billion by 2029 | BlueWeave Consulting

The in-depth research report on the global automotive fuel cell market covers country-specific markets across the five major regions: North America, Europe, Asia Pacific (APAC), Latin America (LATAM), Middle East and Africa (MEA). Each region has its unique characteristics, challenges, and opportunities that impact the growth and adoption of fuel cell technology in the automotive industry. North America and Europe are leading the market due to high government funding, favorable policies, and increasing demand for zero-emission vehicles. The APAC region is also growing rapidly due to its large population, increasing urbanization, and supportive government initiatives. LATAM and MEA are expected to witness steady growth due to rising investments in infrastructure development and expanding partnerships with global fuel cell players. New Delhi,...

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Par Pacific Completes Acquisition of ExxonMobil Billings Refinery and Related Upper Rockies Logistics System

HOUSTON, June 01, 2023 (GLOBE NEWSWIRE) — Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced that it has successfully closed its previously announced acquisition of the Billings refinery and associated marketing and logistics assets (the “Billings Acquisition”) from ExxonMobil Corporation and two of its subsidiaries. The base purchase price of $310 million, including $30 million Par Pacific funded at signing, was paid with cash on hand, and hydrocarbon inventory associated with the Billings Acquisition was primarily financed by the company’s ABL credit facility. Going forward, the refinery and logistics business will be known as Par Montana. “We are extremely pleased to close the Billings Acquisition and welcome the Par Montana team to Par Pacific,” said William Pate, Chief Executive Officer. “This acquisition...

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Adevinta and Prosus’ JV OLX Brasil Appoints New Chief Executive Officer – Olivier Aizac takes over from Andries Oudshoorn

São Paulo and Oslo, 1 June 2023 – OLX Brasil, one of the leading buying and selling online platforms in Brazil, in agreement with its shareholders, Prosus and Adevinta, welcomes the arrival of Olivier Aizac as Chief Executive Officer (CEO). Aizac takes over from Andries Oudshoorn, effective today.  Andries has led the business through multiple key growth stages. In 2011, he moved to Brazil to found bomnegócio.com and scaled the business to 17 million unique buyers and sellers in 2014. In 2015, bomnegócio.com and OLX merged, starting a second wave of user and revenue growth. Revenue grew 17.5x from BRL 20 million in 2014 to BRL 350 million in 2019 (CAGR of 77%), reaching 100m unique buyers and sellers. The acquisition of Grupo Zap was completed in 2020 and significant performance and efficiency initiatives were launched to turn around...

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Madison Metals Signs Multi-Year Uranium Forward Sales Agreement

TORONTO, June 01, 2023 (GLOBE NEWSWIRE) — Madison Metals Inc. (“Madison” or the “Company”) (CSE: GREN) (OTCQB: MMTLF) is pleased to announce the signing on May 30, 2023 of a multi-year uranium forward sales agreement with an international banking organization (“IBO”). The ten-year supply agreement provides for the commitment and delivery of the first 20 million pounds of U3O8 from Madison’s in the ground resources. The IBO will facilitate market trades at a price to be determined at the time of transaction and within the context of the market. The sales floor for transactions will be set at USD$45 per pound of U3O8. 50% of the proceeds will be credited to Madison and the Company will provide quarterly updates on sales figures. “Maintaining the belief in monetizing our uranium resources using innovative strategies, I am confident...

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Valoe Corporation’s Share Subscription Based on Convertible Bond 2/2022. Issue of New Shares in Valoe Corporation Without Consideration to the Company Itself

Valoe Corporation                Stock Exchange Release 1 June 2023 at 16.55 Finnish time Share Subscription based on Convertible Bond 2/2022 The Board of Directors of Valoe Corporation (the “Company”) has resolved on the share subscription based on the conversion of the promissory notes issued under the Company’s convertible bond 2/2022. In the said share subscription, the lenders of the convertible bond 2/2022 subscribed in total 60,500,412 new shares (the “New Shares I”) in the Company by converting the promissory notes into the New Shares I pursuant to the conversion requests delivered to the Company (the “Share Subscription”). The entire loan capital of the convertible bond 2/2022, including the interests, was converted to the New Shares I in the Share Subscription. The terms of the convertible...

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Thumzup Downloads Grow 228% Since Start of Year

Thumzup Media Corporation The Thumzup AppFueled by increasing market interest, Thumzup’s mobile applications continue to gain traction Los Angeles, CA, June 01, 2023 (GLOBE NEWSWIRE) — Thumzup Media Corporation (“Thumzup” or the “Company”) (OTCQB: TZUP) is excited to announce downloads of its mobile applications have grown 228% since the beginning of 2023, exceeding more than 5,000. This increase can be attributed to an impactful billboard and digital advertising campaign strategically focused on increasing its userbase in the vibrant regions of Venice and Santa Monica in Los Angeles. The Thumzup mobile app, which is available for download in the App Store and Google Play, enables advertisers to garner user generated content from customers and fans, incentivizing them to become social media advocates...

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Stran & Company Completes Acquisition of T R Miller Co., Inc.

Brings elite clientele as well as state-of-the-art distribution and processing center Quincy, MA, June 01, 2023 (GLOBE NEWSWIRE) — Stran & Company, Inc. (“Stran” or the “Company”) (NASDAQ: SWAG) (NASDAQ: SWAGW), a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, today announced the completion of its acquisition of the assets and business of T R Miller Co., Inc. (“T R Miller”), a branded merchandise company and industry leader with a history spanning more than 47 years. T R Miller’s unaudited revenue for its fiscal year ended 2022 was approximately $19 million. Andy Shape, President and Chief Executive Officer of Stran, commented, “The acquisition of T R Miller marks a significant milestone for Stran as it once again illustrates...

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Sativus Tech Hosts Press Preview Dinner Featuring Premium Saffron Grown in a Vertical Farm

Tel Aviv, Israel, June 01, 2023 (GLOBE NEWSWIRE) —  Special guests, prominent chefs and local business leaders will come together for a special four-course dinner that will feature Sativus Tech’s saffron, grown using vertical farming technology. The event hopes to spark more conversations about the rare spice that has captivating the culinary world and beyond.WHAT: The Sativus Tech team along with noteworthy members of the press, investment and culinary communities will come together to celebrate the “red gold” of the spice world with a 4-course dinner featuring premium and flavorful saffron grown in an indoor vertical farm.   WHY: Saffron has been trending in the beauty, wellness, nutraceutical, and dietary supplement industries as they look to leverage the spice’s innate healing and medicinal properties. The main hindrance...

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