Day: June 20, 2023
Broadening expertise to scale product innovation for finance transformation
SAN MATEO, Calif., June 20, 2023 (GLOBE NEWSWIRE) — Incorta, the open data delivery platform, today announced the acquisition of Cream Analytics, a leading software company that enables finance teams to improve business performance by bringing context and industry benchmarks to analytics. This acquisition expands Incorta’s expertise on delivering business-ready data and insights to the office of finance from complex sources for business agility and finance transformation.
“We built Cream Analytics to automate the addition of real-time benchmarks and context to customers’ dashboards so they can easily answer questions, draw insights or act on their data,” said Stephen Archibald, CEO & Cofounder at Cream Analytics. “Giving finance teams an objective...
Rising Demand for Special Purpose Electric Vehicles to Drive the Market Growth
Written by Customer Service on . Posted in Mergers And Acquisitions.
SkyQuest projects that the special purpose electric vehicle market will attain a value of USD 27.43 billion by 2030, with a CAGR of 9.95% over the forecast period (2023-2030). The demand for special purpose electric vehicle is rising as municipal corporations seek to tackle the challenges posed by rising carbon emissions, solid waste creation and solid waste management. Furthermore, municipal corporations require various special purpose vehicles to maintain and clean their roads. Among these, electric vehicles have gained popularity in recent years with municipal corporations utilizing electric sanitation trucks, trash collection trucks, road sweepers and road flushing trucks to enhance their operations. With the environmental benefits of electric vehicles, it is expected that their use will continue to grow among municipal corporations...
E-Cite Motors Declared New EV Leader, Attracting Automotive Enthusiasts by EV Auto Insider; Allowing the Public to Directly Invest Beginning June 22nd, 2023
Written by Customer Service on . Posted in Public Companies.
BOTHELL, WA, June 20, 2023 (GLOBE NEWSWIRE) — via NewMediaWire – E-Cite Motors Group, a privately held subsidiary of VaporBrands International, Inc. (OTC:VAPR), has been featured by EV Auto Insider in an article where it was declared the “clear leader in its category”.
The article can be read in its entirety at https://evautoinsider.com/new-ev-leader-emerges-attracting-automotive-enthusiasts-allows-public-to-invest-directly-for-a-limited-time/
The article states: “With nearly every automobile manufacturer scrambling to adapt to EV regulations and mandates while integrating or phasing out of their existing Internal Combustion Engine (ICE) vehicle infrastructure, one newcomer, E-Cite Motors Group, has emerged as the clear leader in its category.
“E-Cite’s mission is to produce state of the art iconic vehicles as a Low Volume...
Astra Energy Inc. Presents Feasibility Report, Secures 207-Acre Land Package for Clean and Renewable Energy Park Project at Kibele Landfill in Zanzibar
Written by Customer Service on . Posted in Public Companies.
ASTRA TEAM MEETS WITH PRESIDENT OF ZANZIBAR, H.E. DR. HUSSEIN ALI MWINYI, AND ACHIEVES SIGNIFICANT PROJECT MILESTONE FOR CLEAN AND RENEWABLE ENERGY PARK
On June 15, 2023, members of the Astra Energy Inc. team: Tony Thompson the VP, Electrical Power Generation; Dan Claycamp, CEO of Astra Holcomb Energy Systems; and Charles Andy Mahiga from the American Embassy, met with the president of Zanzibar, H.E. Dr. Hussein Ali Mwinyi.SAN DIEGO, June 20, 2023 (GLOBE NEWSWIRE) — via IBN — Astra Energy Inc. (OTCQB: ASRE) (“Astra” or the “Company”) is pleased to announce that it has successfully presented a feasibility report and executed documentation to secure 207 acres of land on a 33-year renewable lease with the Revolutionary Government of Zanzibar for Astra’s Zanzibar Clean and Renewable Energy Park project (“ZCREP”).
Astra officials...
Surging Demand for Ultra-Thin Glass Propels the Market Growth Across Various Applications
Written by Customer Service on . Posted in Mergers And Acquisitions.
According to SkyQuest, the widespread use of ultra-thin glass in the consumer electronics sector has increased demand for this product. Ultra-thin glass is preferred in this segment due to its lightweight, exceptional flatness, flexibility and excellent surface quality. The superior optical clarity of ultra-thin glass further enhances the visual appeal of these devices, providing a high-quality display experience for users. The trend towards thinner and lighter devices in the electronics industry has driven the demand for ultra-thin glass.
Westford, USA, June 20, 2023 (GLOBE NEWSWIRE) — SkyQuest projects that the ultra-thin glass market will attain a value of USD 30 billion by 2030, with a CAGR of 9% over the forecast period (2023-2030). Ultra-thin glass offers several attractive properties such as flexibility, abrasion &...
CPS Technologies Announces Follow-On HybridTech Armor® Panel Purchase Order for U.S. Aircraft Carriers
Written by Customer Service on . Posted in Public Companies.
NORTON, Mass., June 20, 2023 (GLOBE NEWSWIRE) — CPS Technologies Corporation (NASDAQ:CPSH) (“CPS” or the “Company”) today announced it received an additional follow-on purchase order, valued at $1.4 million, for HybridTech Armor® panels from Kinetic Protection, the U.S. Navy’s prime contractor. The panels are an integrated component of advanced ballistic shields developed in support of protection system upgrades on Naval Aircraft Carriers. This recent purchase order, an exercised option on Kinetic’s contract with the Department of Defense, will equip additional ships with enhanced ballistic protection for crew-served weapons stations.
“This additional follow-on order from Kinetic Protection ensures the enhanced ballistic protection that our combined technologies offer will continue to be outfitted on U.S. Naval Carriers,” said...
Hudbay Completes Acquisition of Copper Mountain to Create a Premier Americas-Focused Copper Producer
Written by Customer Service on . Posted in Mergers And Acquisitions.
TORONTO, June 20, 2023 (GLOBE NEWSWIRE) — Hudbay Minerals Inc. (“Hudbay”) (TSX, NYSE: HBM) is pleased to announce that it has closed its previously announced court-approved plan of arrangement with Copper Mountain Mining Corporation (“Copper Mountain”), pursuant to which Hudbay has acquired all of the issued and outstanding common shares of Copper Mountain effective as of today’s date (the “Transaction”). Copper Mountain is now a wholly-owned subsidiary of Hudbay and, in accordance with the terms of the Transaction, former Copper Mountain shareholders received 0.381 of a Hudbay share for each Copper Mountain share previously held.
The Transaction creates a premier Americas-focused copper mining company that is well-positioned to deliver sustainable cash flows from an operating portfolio of three long-life mines, as well as compelling...
STERIS Expands Healthcare Products Offering with Acquisition of Surgical Instrumentation Assets from Becton, Dickinson and Company for $540 million
Written by Customer Service on . Posted in Mergers And Acquisitions.
A natural extension for STERIS in the operating room and sterile processing department
A primarily consumables product portfolio
Transaction expected to close by September 30, 2023DUBLIN, IRELAND , June 20, 2023 (GLOBE NEWSWIRE) — STERIS plc (NYSE: STE) (“STERIS” or the “Company”) today announced that the Company has signed a definitive agreement to purchase the surgical instrumentation, laparoscopic instrumentation and sterilization container assets from Becton, Dickinson and Company (NYSE:BDX) (“BD”) for $540 million (“the Transaction”). STERIS anticipates that the acquisition will qualify for a tax benefit related to tax deductible goodwill, with a present value of approximately $60 million. The acquisition includes V. MuellerTM, Snowden-PencerTM and GenesisTM branded products, which are well-known providers of surgical...
Optimum Ventures Ltd. Announces Letter of Intent With Blackwolf Copper and Gold Ltd.
Written by Customer Service on . Posted in Mergers And Acquisitions.
VANCOUVER, British Columbia, June 20, 2023 (GLOBE NEWSWIRE) — Optimum Ventures Ltd. (“Optimum” or the “Company”) (TSXV: OPV) is pleased to announce that it has entered into a non-binding letter of intent (the “LOI“) with Blackwolf Copper and Gold Ltd. (“Blackwolf“), pursuant to which Blackwolf will acquire all of the issued and outstanding securities of the Company (the “Transaction“) by way of a plan of arrangement or such transaction structure to be determined by the Company and Blackwolf under a definitive transaction agreement.
In connection with the Transaction, each Optimum shareholder will be entitled to receive 0.65 (the “Exchange Ratio“) of a common share of Blackwolf for each share of Optimum held, resulting in existing shareholders of the Company collectively owning approximately...
Change to Yara’s Group Executive Board
Written by Customer Service on . Posted in Public Companies.
Oslo, 20 June 2023: Lars Røsæg, currently Deputy CEO and EVP Corporate Development, will leave Yara to take up a new position as investment partner in the Norwegian firm Salvesen & Thams.
“I’d like to thank Lars for his strong contributions to Yara’s progress and our close professional collaboration over many years and wish him the best of luck in his new position,” says Svein Tore Holsether, Yara President & CEO.
“Serving in Yara’s management under Svein Tore’s leadership has been the greatest privilege of my career, and Yara’s strategic direction and organizational capacity puts the company in pole position for the future. After nearly five years as a member of the executive team I have decided that it’s time to take on a new challenge and take my career in a different direction,” says Lars Røsæg.
Røsæg will leave Yara by...