October 2, 2023 – Page 8

United Community Management Corp Rebrands to RealManage

Written by Customer Service on October 2, 2023. Posted in Mergers And Acquisitions.

Plano, TX, Oct. 02, 2023 (GLOBE NEWSWIRE) — United Community Management Corp, a leading community management company in Coral Springs, Florida, announced today that it has rebranded to RealManage. The new brand identity reflects the company’s ongoing commitment to delivering innovative solutions that help communities thrive. Sherry Judd, a senior vice president at United, said, “After 22 years in a leadership role at United Community Management, both myself and our team are extremely excited to be a part of the RealManage Family of Brands. We have been successful at bringing our expertise and knowledge to our clients, demonstrating impressive growth, and thank our loyal customers, whose support over these years has been an enormous part of our success.” She added, “RealManage will now take us even further, with their extensive...

Notification and public disclosure of transactions by persons discharging managerial responsibilities in AB “Utenos trikotažas” and persons closely associated with them

Written by Customer Service on October 2, 2023. Posted in Public Companies.

AB “Utenos trikotažas” (hereinafter, the “Company“) received notification regarding transactions concluded by persons discharging managerial responsibilities in the Company and persons closely associated with them. The option transactions with Mrs Dovile Tamoševičienė, the Chairperson of the Management Board, and her spouse, Mrs Lina Skačkovienė, the Director of the Production Department and her spouse, as well as Mrs Nomeda Kaučikienė, the General Manager and her spouse, were concluded. All option participants have acquired option right to purchase the shares of the Company in future upon reaching agreed objectives, in total for all option participants up to 10 per cent of the shares in the Company (see the enclosed annexes). For more information please contact Aurimas Likus. Phone No. +370 618 07809 Email: utenos.trikotazas@ut.lt,...

FORVIA AND CUMMINS SUCCESSFULLY COMPLETE DEAL TRANSFERRING FORVIA S COMMERCIAL VEHICLE BUSINESS IN EUROPE AND NORTH AMERICA TO CUMMINS

Written by Customer Service on October 2, 2023. Posted in Mergers And Acquisitions.

NANTERRE (FRANCE)OCTOBER 02nd, 2023 FORVIA AND CUMMINS SUCCESSFULLY COMPLETE DEAL TRANSFERRING PARTS OF FORVIA’S COMMERCIAL VEHICLE BUSINESS IN EUROPE AND NORTH AMERICA TO CUMMINS FORVIA confirms the successful completion of the transaction first announced on 23 May 2023 transferring designated parts of FORVIA’s commercial vehicle exhaust aftertreatment business in Europe and in the United States, for a total transaction value of EUR 199.2 million, to its longstanding partner Cummins. As part of this transaction, Cummins acquired two plants located in Roermond (Netherlands) and Columbus South (Indiana, USA) as well as their related programs. By integrating this business into its operations, Cummins expands its capabilities in providing innovative solutions for the commercial vehicle industry. The decision to transfer this business to...

Enlight Research on INVL Technology: Portfolio companies’ 6-month earnings exceeded expectations

Written by Customer Service on October 2, 2023. Posted in Public Companies.

Enlight Research has published an analysis of the financial results for the first half of 2023 of INVL Technology, a publicly listed company that invests in IT businesses. The report by English Research states that the January-June revenues and profits of the businesses in INVL Technology’s portfolio were higher than analysts projected. The NAV discount is at an all-time high of around 38 % vs. the long-term average of 21% since 2017, the report notes. “We raise our sum-of-the-parts Base case Fair value per share to EUR 3.34 (prev. 3.15), vs. the latest reported NAV of EUR 3.14,” English Research says, adding: “We foresee a continued positive NAV development in the forecast period 2023-25E.” Enlight Research provides private and institutional investors with investment analysis that they can use to form their own investment decisions....

CoTec Completes Conversion of £2M Mkango Loan Note to Increase Equity Position in Maginito from 10 Per Cent to 20.6 Per Cent

Written by Customer Service on October 2, 2023. Posted in Mergers And Acquisitions.

LONDON and VANCOUVER, British Columbia, Oct. 02, 2023 (GLOBE NEWSWIRE) — CoTec Holdings Corp. (TSXV: CTH; OTCQB: CTHCF) (“CoTec”) and Mkango Resources Ltd. (AIM/TSX-V: MKA) (“Mkango”) are pleased to announce that CoTec has converted its £2 million convertible loan note in Mkango into additional shares of Mkango’s subsidiary Maginito Ltd. (“Maginito”). As a result of the conversion, CoTec’s equity position in Maginito has increased from 10 per cent to 20.6 per cent. Maginito owns 100% of HyProMag Limited (“HyProMag”). In February 2023, CoTec and Maginito entered into a co-operation agreement in relation to rare earth element (“REE”) opportunities in the United States. In early September 2023, CoTec and Mkango entered into a binding letter agreement pursuant to which they have agreed to form a 50:50 joint venture (the “Joint...

Dexia finalises the merger by absorption of Dexia Crediop

Written by Customer Service on October 2, 2023. Posted in Public Companies.

Regulated information – Brussels, Paris, 2 October 2023 – 08:00 am Dexia finalises the merger by absorption of Dexia Crediop On 30 September 2023, Dexia Crédit Local finalised the cross-border merger by absorption of its 100%-owned subsidiary Dexia Crediop. From an accounting and tax point of view, the merger takes effect for Dexia Crédit Local on 1 July 2023. At the same time, an unregulated branch (sede secondaria) of Dexia Crédit Local started operations in Rome, supporting Dexia Crédit Local in Paris. As a result of this merger, Dexia Crediop ceased to exist on 30 September 2023 and Dexia Crédit Local now by operation of law assumes all the rights and obligations of Dexia Crediop existing at the effective date of the merger. Dexia Crediop’s assets and liabilities, worth respectively EUR 7.1 billion and EUR 6.6 billion...

EXL expands operations into Dublin and establishes a headquarters for international business

Written by Customer Service on October 2, 2023. Posted in Public Companies.

Plans in place to add up to 200 AI and data engineers and other technology positions NEW YORK and DUBLIN, Ireland, Oct. 02, 2023 (GLOBE NEWSWIRE) — EXL, a leading data analytics and digital operations and solutions company, announced it will establish a headquarters for international business in Dublin. EXL plans to hire up to 200 artificial intelligence, data engineers and other technology positions in Dublin over the next three years. This builds upon EXL’s existing staff of more than 8,000 data scientists and 1,500 generative AI experts globally who are developing AI, cloud enablement and data integration technologies and continually introducing new technologies to the marketplace. EXL will also establish new global centers of excellence across its operation, to streamline management and enable the business to develop best practices...

Groupe Casino: Groupement Les Mousquetaires and Casino Group have completed the sale of a first set of 61 stores and extended their partnerships to include purchasing and supply

Written by Customer Service on October 2, 2023. Posted in Public Companies.

Groupement Les Mousquetaires and Casino Group have completed the sale of a first set of 61 stores and extended their partnerships to include purchasing and supply Paris, 2 October 2023 Pursuant to the memorandum of understanding signed on 26 May 2023, Groupement Les Mousquetaires and Casino Group have agreed to the: sale of a group of 61 Casino France outlets (Hypermarkets, Supermarkets, Franprix and convenience stores) representing sales of €563 million excluding VAT (i.e., €621 million including VAT) for 2022, based on an enterprise value of €209 million, including service stations; extension of their purchasing alliance to include private-label food products. AUXO Private Label is already up and running and will soon be launching a fresh round of calls for tenders. In addition, the term of the three existing AUXO purchasing alliances...

Willis Lease Finance Corporation Announces Teesworks as Site for Innovative New, Power-to-Liquid (PtL) Sustainable Aviation Fuel (SAF) Project

Written by Customer Service on October 2, 2023. Posted in Public Companies.

Partners with Tees Valley Combined Authority to Launch First PtL SAF Refinery in Northeastern England View from Northeast View from Northeast View from Southeast View from Southeast View from Southwest View from Southwest View from Northwest View from Northwest COCONUT CREEK, Fla., Oct. 01, 2023 (GLOBE NEWSWIRE) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”), a leading lessor of commercial aircraft engines and global provider of aviation services, together with its subsidiary Willis Sustainable Fuels (UK) Limited, today announces the selection of Teesworks in Tees Valley, England, as the intended location for a ground-breaking sustainable aviation fuel (SAF) plant. This plant will be the first of its kind in the region focused on developing and producing power-to-liquid (PtL) SAF. Teesworks...

WISeKey, WISeSAT, FOSSA Systems, and BA Lab Join Forces to Revolutionize the Logistics Industry with Innovative Satellite Track & Trace Solution

Written by Customer Service on October 2, 2023. Posted in Public Companies.

WISeKey, WISeSAT, FOSSA Systems, and BA Lab Join Forces to Revolutionize the Logistics Industry with Innovative Satellite Track & Trace Solution Geneva, Madrid Cadiz, October 2, 2023 – WISeKey, a leading global cybersecurity company, is proud to announce the signing of a Strategic Parnership Agreement with WISeSAT, FOSSA Systems, and BA Lab the technology division of Bernardino Abad SL to form a strategic partnership aimed at delivering a groundbreaking track & trace solution for the logistics industry. This collaborative effort will revolutionize the way smart containers are monitored, ensuring trust and security throughout the supply chain. The logistics industry is facing an increasing demand for transparency, efficiency, and security in the management of goods and transportation. To address these challenges, WISeKey, WISeSAT,...

Day: October 2, 2023

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