Day: June 12, 2023

RecycLiCo Battery Materials and Zenith Chemical Announce a US$25 Million Lithium-ion Battery Recycling Joint Venture in Taiwan

Written by Customer Service on June 12, 2023. Posted in Public Companies.

SURREY, British Columbia, June 12, 2023 (GLOBE NEWSWIRE) — RecycLiCo Battery Materials Inc. (“RecycLiCo”), a battery materials company specializing in the development of novel and environmentally friendly lithium-ion battery recycling and upcycling technologies, is pleased to announce it has entered a 50-50 joint venture with Zenith Chemical Corporation (“Zenith”) to build a 2,000 metric ton per year lithium-ion battery recycling plant in Taiwan. The initial plant, estimated to cost US$25 million will be dedicated to processing and converting lithium-ion battery waste into valuable resources such as lithium-ion battery precursor cathode active material, lithium hydroxide monohydrate, and lithium carbonate. The parties have agreed to build their first commercial scale battery recycling facility and contribute 50% of the required...

Tims China Announces Successful Warrant Exchange Offer

Written by Customer Service on June 12, 2023. Posted in Public Companies.

SHANGHAI, China and NEW YORK, June 12, 2023 (GLOBE NEWSWIRE) — TH International Limited (“Tims China” or the “Company” (Nasdaq: THCH)), the exclusive operator of Tim Hortons coffee shops and Popeyes restaurants in China, today announced the successful results of its exchange offer (the “Offer”) and consent solicitation (the “Consent Solicitation”) relating to its outstanding warrants. The Offer and Consent Solicitation expired at 11:59 p.m., Eastern Time, on June 9, 2023. The Company has been advised that 14,073,888 public warrants and 5,650,000 private placement warrants, or approximately 81.6% of the outstanding public warrants and 100% of the outstanding private placement warrants, respectively, were validly tendered and not validly withdrawn prior to the expiration of the Offer and Consent Solicitation. The Company expects...

Precious Metals Market to Hit USD 403.08 Billion by 2028 | With a CAGR of 5.6%

Written by Customer Service on June 12, 2023. Posted in Mergers And Acquisitions.

Key companies covered in precious metals market are Newmont Corporation (U.S.), Barrick Gold Corporation (Canada), AngloGold Ashanti Limited (South Africa), Kinross Gold Corporation (Canada), Newcrest Mining Limited (Australia), Gold Fields Limited (South Africa), Freeport-McMoRan (U.S.), PJSC Polyus (Russia), Anglo American Platinum Limited (South Africa), Impala Platinum Holdings Limited (South Africa) and more players profiled. Pune, India, June 12, 2023 (GLOBE NEWSWIRE) — The global precious metals market size is expected to gain momentum by reaching USD 403.08 billion by 2028 from USD 275.40 billion in 2021 while exhibiting a CAGR of 5.6% between 2021 to 2028. The increasing investments in a commodity such as gold due to its low-risk factor compared to other investments such as equities, bonds, or real estate are fueling the...

FTI Consulting Bolsters Economic Consulting Segment with Addition of Dr. Anke Nestler in Germany

Written by Customer Service on June 12, 2023. Posted in Public Companies.

FRANKFURT, Germany, June 12, 2023 (GLOBE NEWSWIRE) — FTI Consulting, Inc. (NYSE: FCN) today announced that it has strengthened its Economic Consulting segment in Germany with the appointment of Dr. Anke Nestler as a Senior Managing Director and a team of three valuation professionals in Frankfurt. Dr. Nestler’s arrival extends the firm’s valuation offering to Germany. She joins FTI Consulting with Senior Director Michael Graser, who is a publicly appointed expert for the valuation of companies and intangibles and a Certified Valuation Analyst; Senior Consultant Stefan Richter; and Consultant Dr. Jingwei Pan. “In a business environment of growing uncertainty and contention, Anke and her team bring a wealth of commercial and litigation valuation expertise — especially for the valuation of intangibles — that will be of significant...

Construction contract (Office building)

Written by Customer Service on June 12, 2023. Posted in Public Companies.

Nordecon AS and Centre of Defence Investments entered into a contract for the construction works of office building in Tallinn. The value of the contract is close to 13 million euros without VAT and the works will be completed by the end of 2024. Nordecon (www.nordecon.com) is a group of construction companies whose core business is construction project management and general contracting in the buildings and infrastructures segment. Geographically the Group operates in Estonia, Finland, Ukraine and Sweden. The parent of the Group is Nordecon AS, a company registered and located in Tallinn, Estonia. The consolidated revenue of the Group in 2022 was 323 million euros. Currently Nordecon Group employs close to 580 people. Since 18 May 2006 the company’s shares have been quoted in the main list of the Nasdaq Tallinn Stock Exchange. Andri...

Nokia and EY study: Enterprise and industrial metaverses are exceeding expectations

Written by Customer Service on June 12, 2023. Posted in Public Companies.

Press Release Nokia and EY study: Enterprise and industrial metaverses are exceeding expectationsAcross use cases, early metaverse adopters report benefits more often than companies still in the planning phase, with CAPEX reduction (15%) and sustainability (10%) showing largest difference Companies believe in the power of the metaverse – only 2% of respondents see the metaverse as a buzzword or a fad The industrial metaverse is creating substantial business value – 80% of early adopters say use cases tested will have a significant or even transformative impact US and UK lead in terms of actual experience – 65% and 64% of respondents respectively had a pilot or fully deployed at least one industrial or enterprise metaverse use case, while Asia-Pacific is less advanced (Japan, 49%; South Korea, 49%) Cloud computing (72%), AI/ML (70%)...

Offshore Helicopter Services Market to Worth USD 4.47 Bn by 2030 | Fortune Business Insights™

Written by Customer Service on June 12, 2023. Posted in Mergers And Acquisitions.

The global Offshore Helicopter Services Market covered major segments By Type (Light, Medium and Heavy), By Application (Inspection, Monitoring and Surveying, Passenger Transport, Goods Transport, Search & Rescue, and Others), By End User (Oil and Gas Industry, Offshore Wind Industry, and Others) and Region. Pune, India, June 12, 2023 (GLOBE NEWSWIRE) — The global offshore helicopter services market size was valued at USD 2.89 billion in 2022 and is projected to grow from USD 2.98 billion in 2023 to USD 4.47 Billion by 2030, exhibiting a CAGR of 6.0%. Offshore helicopter services are responsible for the smooth functioning of offshore operations. As they are responsible for carrying cargo, passengers, equipment, and a wide range of activities that include pre-flight checks, planning, and others they are anticipated to propel...

Surveillance Radars Market to Worth USD 19.94 Billion by 2030 | At a CAGR of 10.5%

Written by Customer Service on June 12, 2023. Posted in Mergers And Acquisitions.

The global surveillance radars market covered major Segments By Platform (Airborne, Ground, Space, And Naval), By Radar Type (Short-Range, Medium-Range, And Long-Range), By Application (Commercial, Defense, Homeland Security, And Others), And Regional Forecast, 2023-2030 Pune, India, June 12, 2023 (GLOBE NEWSWIRE) — The global surveillance radars market size was valued at USD 8.90 billion in 2022 and is projected to grow from USD 9.90 billion in 2023 to USD 19.94 billion by 2030, exhibiting a CAGR of 10.5% during the forecast period. Radar surveillance systems keep an eye on numerous activities in key locations, including ports, airports, and military bases. For the sake of national security, these probes are employed to find and follow cooperative, non-linear, and moving targets. Additionally, it is used to strengthen border security...

Tuna Fish Market Projected to Hit USD 51.25 Billion by 2030 | With a CAGR of 2.86%

Written by Customer Service on June 12, 2023. Posted in Mergers And Acquisitions.

Key companies covered in tuna fish market are Bolton Group (Italy), Century Pacific Foods Inc. (Philippines), The Jealsa Rianxeira S.A.U. Group (Spain), Grupo Albacore S.A. (Spain), ITOCHU Corporation (Japan), Thai Union Group Inc. (Thailand), Dongwon Enterprises Co. Ltd. (South Korea), IBL Ltd. (Mauritius), FCF Co. Ltd. (Taiwan), Sea Delight (U.S.) and more players profiled. Pune, India, June 12, 2023 (GLOBE NEWSWIRE) — The global tuna fish market size was valued at USD 41.06 billion in 2022 and is projected to grow from USD 42.08 billion in 2023 to USD 51.25 billion by 2030, recording a CAGR of 2.86% during the forecast period of 2023-2030. The global tuna fish market share is set to expand at a notable rate as tuna is one of the most commercially valuable fish that forms an important part of the marine ecosystem. The commercial...

WENDEL: Wendel extends its bond debt maturities

Written by Customer Service on June 12, 2023. Posted in Public Companies.

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION TO ANY U.S. PERSON (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED) OR IN OR INTO CANADA, JAPAN, AUSTRALIA OR THE UNITED STATES OR IN ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS PRESS RELEASE PRESS RELEASE – JUNE 12, 2023 Wendel extends its bond debt maturities • Launch of a €300 million 7-year bond issue • Launch of an offer to repurchase the bond maturing in April 2026 with outstanding principal of €300 million Wendel is launching today a €300 million issue of 7-year bonds (the “Bond Issue”). Simultaneously and subject to the completion of the Bond Issue, Wendel launches a tender offer to repurchase (“the Repurchase Offer”) the bond bearing interest at 1.375% and maturing in April 2026, with outstanding...

Day: June 12, 2023

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