Day: October 2, 2023

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,...

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....

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...

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...

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...

Partners with Tees Valley Combined Authority to Launch First PtL SAF Refinery in Northeastern EnglandView from NortheastView from NortheastView from SoutheastView from SoutheastView from SouthwestView from SouthwestView from NorthwestView from NorthwestCOCONUT 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 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,...