Day: September 21, 2023

Cegeka and CTG Announce Extension of Tender Offer for All Outstanding Shares of CTG

Written by Customer Service on September 21, 2023. Posted in Mergers And Acquisitions.

HASSELT, Belgium/Limburg and BUFFALO, N.Y., Sept. 21, 2023 (GLOBE NEWSWIRE) — Cegeka Groep NV (“Cegeka”) and Computer Task Group, Incorporated (NASDAQ: CTG) (“CTG”) announced today that Chicago Merger Sub, Inc. (“Merger Sub”), a wholly owned subsidiary of Cegeka, has extended the expiration date of its offer (the “Offer”) to acquire all of the outstanding shares of common stock of CTG, par value $0.01 per share (“Shares”), for $10.50 per Share, net to the seller in cash, without interest and less any applicable withholding taxes, pursuant to the Agreement and Plan of Merger, dated as of August 9, 2023, by and among Cegeka, CTG, and Merger Sub (the “Merger Agreement”). The Offer, which was previously scheduled to expire at one minute after 11:59 P.M., Eastern Time, on September 20, 2023, has been extended until one minute after...

W&T Offshore Announces Accretive Acquisition of Producing Properties in the Gulf of Mexico

Written by Customer Service on September 21, 2023. Posted in Mergers And Acquisitions.

HOUSTON, Sept. 21, 2023 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (the “Company” or “W&T”) today announced that it has completed the acquisition of working interests in eight shallow water oil and gas producing assets (the “Assets”) in the central and eastern shelf region of the Gulf of Mexico (“GOM”) from an undisclosed private seller. The acquisition has a closing date of September 20, 2023, and an effective date of June 1, 2023. The Assets were acquired for a gross consideration of $32 million, subject to normal and customary post-effective date purchase price adjustments. W&T used its cash on the balance sheet to pay the net purchase price. Key highlights of the transaction are as follows:Provides additional producing properties located within W&T’s existing area of operations in water depths ranging...

Affimed to Present at the Cantor Global Healthcare Conference 2023

Written by Customer Service on September 21, 2023. Posted in Public Companies.

MANNHEIM, Germany, Sept. 21, 2023 (GLOBE NEWSWIRE) — Affimed N.V. (Nasdaq: AFMD) (“Affimed”, or the “Company”), a clinical-stage immuno-oncology company committed to giving patients back their innate ability to fight cancer, announced today that its Chief Financial Officer, Angus Smith, will participate in a fireside chat at the Cantor Global Healthcare Conference 2023 on Thursday, September 28, 2023 at 1:15 p.m. Eastern Daylight Time / 19:15 Central European Time. A live webcast of the presentation will be accessible on Affimed’s website at https://www.affimed.com/investors/webcasts-and-corporate-presentation/. A replay of the call will be archived on Affimed’s website for 30 days after the call. For more information on the conference or to schedule a one-on-one meeting with Affimed’s management, please contact your Cantor representative...

AS Tallinna Vesi applies to the Competition Authority for a change in the price for water services

Written by Customer Service on September 21, 2023. Posted in Earnings Releases And Operating Results.

AS Tallinna Vesi submitted an application to the Competition Authority on 21/09/2023 to increase the price for water services by 17% on average due to the increase in costs. The application concerns the price for water services in the main service area in Tallinn and Saue, the service area in Maardu and for other water companies. If the application submitted to the Competition Authority is approved, the price for water services in the main service area (in Tallinn and Saue where AS Tallinna Vesi is also the owner of the assets) will be EUR 2.04 per cubic meter for private customers instead of the current EUR 1.56, and EUR 3.79 per cubic meter for commercial customers instead of the current EUR 3.43, plus VAT. This would increase the average household expenditure on water services by approximately EUR 3 per month. Depending on the proceedings...

Tritium Announces First Half Calendar Year and Full Fiscal Year Results for the Period Ended June 30, 2023, Including Record First Half 2023 Calendar Year Revenue of $112 Million and a $75 Million Financing Commitment

Written by Customer Service on September 21, 2023. Posted in Earnings Releases And Operating Results.

HighlightsThe Company achieved record revenue of $112 million for the first half of the 2023 calendar year, an increase of more than 286% over the $29 million in revenue from the first half of the 2022 calendar year, meaningfully exceeding the midpoint of the Company’s previously updated guidance for the calendar year published on May 11, 2023. The Company achieved record revenue for the fiscal year ended June 30, 2023 of $185 million, an increase of more than 115% compared to revenue of $86 million for the previous fiscal year. The Company reported gross margin of 4% for the first half of the 2023 calendar year, a nearly 2,200 basis point improvement compared to gross margin of -18% for the first half of the 2022 calendar year. In September 2023, the Company secured a financing commitment of up to $75 million, with an initial funding...

Equifax Canada: Uptick in Fraud Across Automotive, Credit Card and Mortgage Sectors

Written by Customer Service on September 21, 2023. Posted in Public Companies.

Equifax® Canada Market Pulse — Fraud Trends Report TORONTO, Sept. 21, 2023 (GLOBE NEWSWIRE) — New data suggests an increase in fraudulent activities within the automotive, credit card, and mortgage sectors according to the latest Equifax Canada Fraud Trends Report. Additionally, the report suggests the uptick in fraud is being driven by financial pressures faced by consumers and by bold new schemes being used by fraudsters. In the automotive sector, fraudulent applications have risen by 28 per cent in the past year. This has been concurrent with a substantial increase in legitimate applications, highlighting the audacity of fraudsters. The credit card sector has also witnessed a large increase in both application volumes and fraudulent applications, rising by 37.9 per cent. Similarly, the mortgage sector has experienced an 18.8...

Rule 8.3 – Finsbury Food Group Plc

Written by Customer Service on September 21, 2023. Posted in Mergers And Acquisitions.

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Investec Wealth & Investment Limited(b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.N/A(c) Name of offeror/offeree in relation to whose relevant securities this form relates: Use a separate form for each offeror/offereeFinsbury Food Group plc(d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: Exempt...

Arco Vara’s subsidiary received ISO certificates

Written by Customer Service on September 21, 2023. Posted in Public Companies.

Three ISO certificates were issued to Arco Vara’s construction subsidiary Arco Tarc OÜ: the company’s management systems comply with international standards in terms of quality (ISO 9001), environment (ISO 14001) and occupational health (ISO 45001). Lauri Männiste, the board member of Arco Tarc OÜ: “Getting the certificates was not a goal itself for us, but a conscious step on a longer journey – designing management systems and developing the company. Having ISO certificates gives us a competitive advantage and broadens our future prospects. In the construction sector, having certificates is, for example, a prerequisite for participating in state procurements or reconstruction procurements guaranteed by KredEx.”Tiina Malm CFO Arco Vara AS +372 614 4630 tiina.malm@arcovara.com

Global Augmented Reality and Virtual Reality Market Size to Reach USD 789.85 Billion in 2032 | Emergen Research

Written by Customer Service on September 21, 2023. Posted in Mergers And Acquisitions.

Increasing collaborations of key players with 5G providers in the market is driving Augmented Reality and Virtual Reality market revenue growth Vancouver, Sept. 21, 2023 (GLOBE NEWSWIRE) — Current Market Scenario (Market Estimates) The global Augmented Reality (AR) and Virtual Reality (VR) market size was USD 21.40 Billion in 2020 and is expected to register a CAGR of 35% over the forecast period. Rising research & development activities aimed at various applications and increased implementation of telehealth platforms integrated with AR and VR technologies, are some key factors driving global AR and VR market revenue growth. Drivers: Rising applications of AR in the healthcare sector In the healthcare sector, AR plays a critical role. Augmented Reality is used to show the surgeon a virtual view of a patient’s body parts,...

Global Laser Technology Market Size to Reach USD 31.14 Billion in 2032 | Emergen Research

Written by Customer Service on September 21, 2023. Posted in Mergers And Acquisitions.

Increasing demand from healthcare vertical is a key factor driving laser technology market revenue growth Vancouver, Sept. 21, 2023 (GLOBE NEWSWIRE) — The global laser technology market size was USD 12.44 Billion in 2021 and is expected to register a revenue CAGR of 8.6% during the forecast period, according to latest analysis by Emergen Research. Laser technology market revenue growth is primarily driven by factors such as rising adoption of laser technology in the electronics sector and medical applications and increasing adoption of various technologies emerging from laser-based applications such as Augmented Reality (AR) and Virtual Reality (VR), Vertical-Cavity Surface-Emitting Laser (VCSEL), Light Detection and Ranging (LiDAR). Laser technology offers high degree of adaptability, sustainability, productivity, and accuracy,...

Day: September 21, 2023

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