Month: June 2023

Tremor International Group Rebrands as Nexxen

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

The platforms in the holding company’s brand portfolio – Amobee, Tremor Video, Unruly and Spearad – collectively relaunch under one name, signaling a unified, powerful future NEW YORK, June 12, 2023 (GLOBE NEWSWIRE) — Tremor International Ltd. (AIM/NASDAQ: TRMR) (“Tremor” or the “Company”), a global leader in data-driven video and Connected TV (“CTV”) advertising technology offering an end-to-end platform that enables advertisers to optimize their campaigns and media companies to maximize inventory yield, today announced the rebranding of the products and platforms within its portfolio as Nexxen. The new unified brand name and identity encompass all of the Company’s key strategic growth pillars, including the combined demand-side platforms (“DSP”) Amobee and Tremor Video, the supply-side platform (“SSP”) Unruly and the CTV...

Nasdaq Accelerates Its Transformation as a Leading Technology Provider to the Global Financial System with the Acquisition of Adenza from Thoma Bravo

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

Acquisition of premium software and technology company expands Nasdaq’s liquidity and integrity platforms with leading risk management, regulatory, and capital markets software and technology solutions Delivers high-growth, high-margin, recurring revenue, increasing Nasdaq’s Solutions Businesses’ medium-term organic revenue growth outlook by 100 basis points to 8-11% Brings a loyal and growing client base with 98% gross and 115% net revenue retention and increases Nasdaq’s Solutions Businesses to 77% of total revenue, from 71% today Adds a $10 billion serviceable addressable market (SAM), growing 8% per year, increasing Nasdaq’s SAM by approximately 40% to $34 billion NEW YORK, June 12, 2023 (GLOBE NEWSWIRE) — Nasdaq, Inc. (Nasdaq: NDAQ), a technology company serving the global financial system, today announced it has entered...

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...

Month: June 2023

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