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Day: March 20, 2025

Nokia launches FastMile Gateway 4, enhancing its Wi-Fi 7 enabled FWA portfolio

Nokia FastMile 5G Gateway 4 ProductNokia FastMile 5G Gateway 4 ProductNokia FastMile 5G Gateway 4 LifestyleNokia FastMile 5G Gateway 4 LifestylePress ReleaseNokia launches FastMile Gateway 4, enhancing its Wi-Fi 7 enabled FWA portfolioNew, compact 5G Fixed Wireless Access (FWA) gateway with Wi-Fi 7, designed to deliver seamless 5G speeds throughout the home for an enhanced user experience, Delivers superior performance enabling Wi-Fi speeds of up to 4Gbps for faster, more reliable connectivity. Nokia comprehensive FastMile gateway portfolio now includes more FWA options including indoor, outdoor and window mount options to meet operator needs.20 March 2025Amsterdam, Netherlands – Nokia today announced the launch of the FastMile Gateway 4, a new compact 5G indoor gateway with Wi-Fi 7 that enables operators to deliver...

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NTG Nordic Transport Group acquires DTK

Company announcement no. 5 – 25        20 March 2025 NTG Nordic Transport Group acquires DTK NTG Nordic Transport Group A/S (“NTG”) has signed an agreement to acquire 100% of the shares in Danish-based DTK BE Holding ApS (“DTK”). DTK is a full-service, end-to-end logistics solutions provider specialising in full- and part-load general cargo and temperature-controlled road freight services. In addition, DTK offers logistics services and warehousing solutions for a range of long-standing customers. Headquartered in Padborg, DTK operates from eight different locations across Denmark (five), Germany (one), Sweden (one), and the UK (one). DTK employs approximately 115 white-collar and 80 blue-collar employees. For the financial year ending 31 December 2024, DTK realised DKK 1,156 million in net revenue and an EBIT of DKK 94 million (Danish...

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Alvotech Acquires Xbrane’s R&D Operations in Sweden and Further Affirms its Global Leadership Position in Biosimilars Development and Production

Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the acquisition of Xbrane Biopharma AB’s (“Xbrane”) R&D operations and a biosimilar candidate (the “Acquisition”), further expanding Alvotech’s development capabilities, and establishing a footprint in the Swedish life science sector. The Acquisition includes Xbrane’s R&D operations based in Campus Solna, at the Karolinska Institute outside Stockholm, Sweden, as well as the biosimilar candidate XB003, referencing Cimzia® (certolizumab pegol). Xbrane retains other pre-clinical assets and will focus on the commercialization of this portfolio. Alvotech also announced that it intends to explore the possibility of a listing of Swedish Depository Receipts (SDR), equity share...

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Alvotech Acquires Xbrane’s R&D Operations in Sweden and Further Affirms its Global Leadership Position in Biosimilars Development and Production

REYKJAVIK, Iceland and STOCKHOLM, March 20, 2025 (GLOBE NEWSWIRE) —  Alvotech (NASDAQ: ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the acquisition of Xbrane Biopharma AB’s (“Xbrane”) R&D operations and a biosimilar candidate (the “Acquisition”), further expanding Alvotech’s development capabilities, and establishing a footprint in the Swedish life science sector. The Acquisition includes Xbrane’s R&D operations based in Campus Solna, at the Karolinska Institute outside Stockholm, Sweden, as well as the biosimilar candidate XB003, referencing Cimzia® (certolizumab pegol). Xbrane retains other pre-clinical assets and will focus on the commercialization of this portfolio. Alvotech also announced that it intends to explore...

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Arcadis acquires WSP Infrastructure Engineering GmbH, strengthening its position in the attractive German rail market

Arcadis acquires WSP Infrastructure Engineering GmbH, strengthening its position in the attractive German rail market Amsterdam, 20 March 2025 – Arcadis, a global leader in intelligence-driven sustainable design, engineering, and consultancy solutions, has announced the acquisition of WSP Infrastructure Engineering GmbH, a 160-people strong, German based engineering firm specialized in rail infrastructure, signaling, structural engineering and software development. This acquisition will double Arcadis’ presence in the German rail market, strengthening its position for growth. WSP Infrastructure Engineering GmbH is known for its strong capabilities in German rail design and engineering and holds critical pre-qualifications for framework agreements with Deutsche Bahn. These are complementary to Arcadis’ current activities in the German...

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IBA reports solid Full Year 2024 results

Read the entire full year 2024 results press release  hereLouvain-la-Neuve, Belgium, 20 March 2025 – IBA (Ion Beam Applications S.A), the world leader in particle accelerator technology, today announces its consolidated results for the 2024 financial year.Record-high revenue and return to profitability in 2024 driven by well-executed backlog conversionNet sales rose 7% to €498.2 million1, with Other Accelerators increasing by 18% Gross margin improvement to 33.3% vs. 28.8% in 2023, driven by higher share of Other Accelerators and margin improvement in Proton Therapy REBIT at €17.3 million, up 170% (FY 2023: €6.4 million) mostly from well-executed backlog conversion, especially in Other Accelerators (+€11 million REBIT YoY), including continued investments in future growth and R&D innovation Net result of €9.3 million...

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Valneva Reports Full Year 2024 Results and Provides Business Updates and Outlook

Met 2024 growth targets for product sales (+13% vs 2023) and total revenues (+10% vs 2023) Strong year-end cash position of €168.3 million including sale of Priority Review Voucher1, successful private placement and 67% reduction in operating cash burn Substantial clinical and regulatory progress in 2024; further data readouts, product approvals and label extensions anticipated in 2025 2025 outlook reflects solid revenue growth and positive commercial cash flows to support strategic R&D investments with lower operating cash burnSaint-Herblain (France), March 20, 2025 – Valneva SE (Nasdaq: VALN; Euronext Paris: VLA), a specialty vaccine company, today reported its consolidated financial results for the year ended December 31, 2024 and provided key corporate updates and guidance for its future results. The consolidated financial...

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VEON to Proceed with USD 35 Million Share Buyback

VEON to Proceed with USD 35 Million Share Buyback Announcement marks second phase of USD 100 million share buyback program announced on August 1, 2024 Dubai, March 20, 2025: VEON Ltd. (Nasdaq: VEON), a global digital operator (“VEON” or the “Company”), announces that it will shortly commence the second phase of its previously announced share buyback program with respect to the Company’s American Depositary Shares (“ADS”). This second phase of the buyback will be in the amount of up to USD 35 million. The second phase of the share buyback program is being launched after completion of the USD 30 million first phase on January 27, 2025. VEON’s Board of Directors approved a share buyback program of up to USD 100 million on July 31, 2024. The Company continues to believe that its ADSs are undervalued relative to its operational performance...

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VEON FY24 and 4Q24 Trading Update: Strong Delivery in 2024, Digital Services Driving Growth

  VEON FY24 and 4Q24 Trading Update: Strong Delivery in 2024,  Digital Services Driving Growth Dubai, March 20, 2025, 10:10 GST VEON FY24 HighlightsTotal revenue growth of 8.3% YoY to USD 4,004 million (+14.6% YoY in underlying local currency terms) EBITDA growth of 4.9% YoY to USD 1,691 million (+12.0% YoY in underlying local currency terms) Direct digital revenue growth of 63.0% YoY to USD 460 million (+64.1% YoY in local currency terms), representing 11.5% of revenues for the full year Total cash and cash equivalents and deposits of USD 1,691 million, with USD 481 million at headquarters (“HQ”); and gross debt at USD 4.4 billion (decreased by USD 311 million YoY), with net debt excluding lease liabilities at USD 1.9 billion Equity Free Cash Flow of USD 403 million, Capex of USD 826 millionVEON Ltd. (Nasdaq: VEON), a global digital...

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Enerflex Ltd. Announces Leadership Transition

MARC ROSSITER STEPS DOWN AS PRESIDENT, CEO, AND DIRECTOR PREET DHINDSA NAMED INTERIM CEO REAFFIRMS 2025 OUTLOOK AND CONCURRENTLY ANNOUNCES EXPANSION OF DIRECT SHAREHOLDER RETURNS CALGARY, Alberta, March 19, 2025 (GLOBE NEWSWIRE) — Enerflex Ltd. (TSX: EFX) (NYSE: EFXT) (“Enerflex” or the “Company”) today announced that Marc Rossiter has stepped down as President, CEO, and Director, effective immediately. Preet Dhindsa, Enerflex’s current Senior Vice President and CFO, will serve as Interim Chief Executive Officer. Mr. Dhindsa joined Enerflex in October 2023 and is a seasoned executive with more than 25 years of experience, primarily in the energy and financial services industries. Joe Ladouceur, Vice President Treasury, Tax & Insurance, will serve as Interim CFO. The Board is undertaking a comprehensive search to identify the...

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