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Month: January 2024

APPOINTMENT OF MARTIN THOMAS AS CHIEF EXECUTIVE OFFICER OF MOBILIZE FINANCIAL SERVICES

 PRESS RELEASEJanuary 22, 2024APPOINTMENT OF MARTIN THOMAS AS CHIEF EXECUTIVE OFFICER OF MOBILIZE FINANCIAL SERVICES, RCI BANQUE’S COMMERCIAL BRAND, EFFECTIVE JANUARY 22, 2024Effective January 22, 2024, Martin Thomas is appointed Chief Executive Officer of RCI Banque, acting under the Mobilize Financial Services brand, replacing Frédéric Schneider, who resumes his duties as VP Commercial and Strategy and Deputy Chief Executive Officer of Mobilize Financial Services. Martin Thomas will take over from Frédéric Schneider, acting CEO of Mobilize Financial Services since June 2023. He will report to Gianluca de Ficchy, Chief Executive Officer of Mobilize and Chairman of the Board of Directors of RCI Banque SA. As Chief Executive Officer of Mobilize Financial Services, Martin Thomas will ensure that the company’s...

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BW Offshore: Sale of shares in BW Energy to BW Group

BW Offshore: Sale of shares in BW Energy to BW Group Oslo, 22 January 2024 – BW Offshore Limited (“BW Offshore” or the “Company”) has today entered into an agreement with BW Group Limited (“BW Group”) to sell all of BW Offshore’s shares in BW Energy Limited (“BW Energy”). BW Offshore will sell 58,111,461 (22.52%) shares in BW Energy at a price of NOK 32 per share, resulting in total proceeds to BW Offshore of NOK 1,860 million or approximately USD 176 million. The decision was taken by the independent directors of BW Offshore after assessing the Company’s strategy and other relevant factors, including external valuation advice. As previously communicated, BW Offshore does not consider the shareholding in BW Energy to be a long-term strategic investment. CEO of BW Offshore Marco Beenen states: “We are pleased to have obtained a price...

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Tivoli states expectations for 2023 and presents expectations for 2024

Tivoli has had a successful anniversary year with an increase in guests of 5% compared to 2022. Throughout 2023, 4.0 million guests visited the Tivoli Gardens, despite 2023 having a record-breaking rainfall. Tivoli’s most recently announced expectations for 2023 were a revenue of around DKK 1,200 million and a profit before tax of around DKK 100 million. Following the end of the year, Tivoli now expects a revenue of around DKK 1,210 million, which for Tivoli is a revenue record. Operating profit (EBITDA) is expected to be DKK 225 million, which is also a Tivoli record. A profit before tax of around DKK 110 million is now expected. Profit before tax is nearly DKK 25 million higher than in 2022 and thus close to the historical record year of 2018 of DKK 121 million. The profit before tax has even been produced on a lower amount guests...

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BW Energy – Mandatory Notifications of Trade and Disclosure of Shareholding

BW Energy – mandatory notifications of trade and disclosure of shareholding Reference is made to the announcement published by BW Offshore Limited (“BW Offshore”) on 22 January 2024 regarding the sale of all of BW Offshore’s shares in BW Energy Limited (“BW Energy”) to BW Group Limited (“BW Group”). As further described in the abovementioned announcement, BW Offshore has today, 22 January 2024, agreed to sell 58,111,461 BW Energy shares to BW Group at a price of NOK 32 per share. Completion of the transaction is expected to occur on or about 25 January 2024. BW Group and BW Offshore are close associates to a primary insider in BW Energy and are therefore pursuant to the disclosure requirements in article 19 of the Regulation EU 596/2014 (the EU Market Abuse Regulation) and section 5-12 of the Norwegian Securities...

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CREDIT AGRICOLE SA: Crédit Agricole S.A. announces the acquisition of a minority stake in Worldline

Montrouge, January 22, 2024Crédit Agricole S.A. announces the acquisition of a minority stake in Worldline Crédit Agricole S.A. announces that it has acquired a 7% minority interest in Worldline S.A. This investment is building upon the strategic partnership between Crédit Agricole Group and Worldline S.A., for which the signing of a binding agreement was announced in July 2023. It is intended to strengthen this partnership to create a major player in the French merchant payment services market. In addition to the strategic partnership, this transaction demonstrates Credit Agricole Group’s intention to support Worldline’s development and implementation of its strategy as a key European payment services provider. Through this transaction, Crédit Agricole Group is reaffirming confidence in its partner: a strong franchise, leading-edge...

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Sandoz announces agreement to acquire CIMERLI® business from Coherus, strengthening position in US market

Ad hoc announcement pursuant to art. 53 SIX Swiss Exchange Listing Rules MEDIA RELEASECIMERLI®*, a ranibizumab biosimilar, is interchangeable with LUCENTIS®** (ranibizumab-injection) for all approved indications Acquisition strengthens Sandoz ophthalmology portfolioBasel, January 22, 2024 – Sandoz, the global leader in generic and biosimilar medicines, has signed an agreement to acquire the US biosimilar ranibizumab CIMERLI®* (ranibizumab-eqrn) from Coherus BioSciences, Inc. for an upfront cash purchase payment of USD 170 million. This is inclusive of a biologics license application, product inventory, ophthalmology sales and field reimbursement talent, as well as access to proprietary commercial software. Keren Haruvi, President Sandoz North America, said: “I am pleased that we can add another high-value product to the growing Sandoz...

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WISeKey and Xapo Bank Join Forces to Showcase WISe.ART Digital and Physical Art Exhibition in Gibraltar

Exhibition features a collaboration with SO/ Sotogrande Spa & Golf Resort Hotel Geneva, Switzerland , Jan. 22, 2024 (GLOBE NEWSWIRE) —WISeKey and Xapo Bank Join Forces to Showcase WISe.ART Digital and Physical Art Exhibition in Gibraltar Exhibition features a collaboration with SO/ Sotogrande Spa & Golf Resort Hotel Geneva, Switzerland – January 22, 2024: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), a global leader in cybersecurity, digital identity, and Internet of Things (IoT) solutions operating as a holding company, today announced that its subsidiary WISe.ART, a leader in the field of digital art, has partnered with Xapo Bank, a trusted financial institution, on a groundbreaking art exhibition. The exhibition is set to open on January 25, 2024, and will merge cutting-edge technology...

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Coherus Announces Agreement to Divest Ophthalmology Franchise to Sandoz in $170 Million Upfront All Cash Deal

– Transaction aligns to Coherus’ strategic focus on oncology –– Conference call Monday, January 22, 2024, at 8:30 a.m. Eastern Time – REDWOOD CITY, Calif., Jan. 22, 2024 (GLOBE NEWSWIRE) — Coherus BioSciences, Inc. (“Coherus,” NASDAQ: CHRS) today announced it has entered into an agreement to divest its CIMERLI® (ranibizumab-eqrn) ophthalmology franchise, inclusive of CIMERLI and its supporting commercial infrastructure, to Sandoz for upfront, all-cash consideration of $170 million plus an additional amount for CIMERLI product inventory and subject to customary working capital adjustments at the closing date. This divestiture includes Coherus’ CIMERLI biologics license application, ophthalmology sales and select field reimbursement teams, CIMERLI product inventory on hand, and access to proprietary commercial software. “Since entering...

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20240122 – Worldline welcomes Crédit Agricole as a long-term shareholder

Worldline welcomes Crédit Agricole as a long-term shareholder Paris La Défense, 22 January 2024. Worldline welcomes the announcement that was disclosed this morning by Crédit Agricole of its c. 7% stake in its share capital as a long term shareholder. Crédit Agricole is an important commercial partner of Worldline and the two groups have entered into a long-term strategic partnership in merchant services, which was announced in H1 2023. This alliance would enable the creation of a joint-venture with the ambition of becoming a major player in the French market, leveraging on the technological performance and innovation capabilities of Worldline, combined with the commercial strength and distribution networks of Crédit Agricole, further supporting Worldline strategy as a leading player in the European payment market. The stake in Worldline...

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REE Completes U.S. Certification of Full-by-Wire Vehicles and Begins Customer Deliveries of its P7-C Electric Truck

REE’s P7-C electric commercial truckREE’s P7-CREE’s P7-C can be up fit with almost any body designREE’s P7-C Chassis CabThe P7-C chassis cabREE’s P7-C Driving on RoadsREE’s P7-C has become the first full by-wire vehicle to be certified in the U.S.REE’s P7-C is the first fully by-wire truck to achieve U.S. FMVSS and EPA certifications Customer deliveries of demonstration trucks has begun P7-C vehicles are eligible for US federal tax credit of up to $40,000 per vehicle and are expected to be eligible for over $100,000 of incentives per vehicle with additional state creditsTEL AVIV, Israel, Jan. 22, 2024 (GLOBE NEWSWIRE) —  REE Automotive Ltd. (Nasdaq: REE) (“REE” or the “Company”), an automotive technology company and provider of full by-wire...

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