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Month: June 2025

Coherent Introduces Class-Leading Disposable Surgical Fiber Assemblies for Laser Lithotripsy and Advanced Medical Applications

SAXONBURG, Pa., June 18, 2025 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in photonics, today announced the launch of its new line of disposable surgical fiber assemblies designed specifically for a wide range of precision medical applications. The new product line is suitable for both OEM integration and for direct clinical use. Engineered to meet the rigorous demands of modern surgical environments, the new fiber assemblies deliver exceptional optical performance, robust durability, and full compatibility with today’s most advanced laser systems. The assemblies are optimized for the transmission of high-power laser energy, delivering efficient stone fragmentation during laser lithotripsy, and supporting a range of procedures in urology, phlebology and other soft tissue surgical procedures. “The introduction...

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Coherent Launches Industry-First 600 W Excimer Laser for High-Volume HTS Tape Production

SAXONBURG, Pa., June 18, 2025 (GLOBE NEWSWIRE) — Coherent Corp. (NYSE: COHR), a global leader in photonics, introduces the LEAP 600C, the industry’s first 600 W class excimer laser operating at 308 nm wavelength, optimized for Pulsed Laser Deposition (PLD). The LEAP 600C is being unveiled for the first time at Laser World of Photonics 2025 in Munich, Germany. The LEAP 600C is engineered to address the accelerating demand for high-temperature superconducting (HTS) tapes used in magnetic confinement fusion, medical imaging, and next-generation power grids. Compared to current solutions, it delivers double the laser power and throughput and features a novel on-the-fly active injection technology that extends runtime by a factor of three in high-throughput production environments. HTS materials are key to enabling magnetic confinement...

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KDSA Investment Partners Acquires Williams Distributors

Williams Distributors Enters Its Next Phase of Growth Under KDSA Investment Partners’ Ownership SPOKANE, Wash., June 18, 2025 (GLOBE NEWSWIRE) — KDSA Investment Partners (“KDSA”), a food and beverage-focused investment firm, announced today that it has acquired Spokane-based Williams Distributors (“Williams”), the leading direct-store-delivery (“DSD”) distributor of ice cream, frozen pizza and frozen foods in the Northwest. The transaction marks a significant milestone for both companies and a major step forward in KDSA’s strategy to build a rapidly growing and scaled independent DSD platform. The investment was completed in partnership with Greyrock Capital Group. Founded in 1992 by Roger Williams and led for the past six years by his son, Tony Williams, Williams operates a full-service DSD distribution network across Eastern...

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Toll Brothers Apartment Living® and Carlyle Announce the Grand Opening of Peregrine, a Luxury Multifamily Apartment Community in Irving, Texas

Peregrine brings 364 luxury apartment homes and upscale amenities to the Dallas-Fort Worth market IRVING, Texas, June 18, 2025 (GLOBE NEWSWIRE) — Toll Brothers Apartment Living®, the rental subsidiary of Toll Brothers, Inc. (NYSE: TOL), the nation’s leading builder of luxury homes, and joint venture partner Carlyle announce the grand opening of Peregrine, a new luxury mid-rise apartment community near Dallas, Texas. Located at 6001 Love Drive in Irving, the community features 364 residences in a mix of studio, one-bedroom, and two-bedroom floor plans. A grand opening celebration was held recently with project partners, residents, and guests.“We are excited to introduce Peregrine as the latest addition to our portfolio of luxury communities in Texas,” said John McCullough, President of Toll Brothers Apartment Living. “Peregrine...

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Canadian Life Companies Split Corp. Overnight Offering Announced

TORONTO, June 18, 2025 (GLOBE NEWSWIRE) — Canadian Life Companies Split Corp. (“the Company”) is pleased to announce it will undertake an offering of Preferred Shares (TSX: LFE.PR.B) and Class A Shares (TSX: LFE) of the Company. The offering will be led by National Bank Financial Inc. The sales period of this overnight offering will end at 9:00 a.m. EST on June 19, 2025. The offering is expected to close on or about June 26, 2025 and is subject to certain closing conditions including approval by the TSX. The Preferred Shares will be offered at a price of $10.55 per Preferred Share to yield 6.64% and the Class A Shares will be offered at a price of $6.35 per Class A Share to yield 18.90%. The closing price on the TSX of each of the Preferred Shares and Class A Shares on June 17, 2025 was $10.71 and $6.39, respectively. Since inception...

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Blue Biofuels Strengthens Intellectual Property Portfolio with Issuance of New U.S. Patent

PALM BEACH GARDENS, FL, June 18, 2025 (GLOBE NEWSWIRE) — Blue Biofuels, Inc. (OTCQB: BIOF). Blue Biofuels is proud to announce the issuance of a new United States patent, further strengthening the company’s expanding intellectual property portfolio. This latest patent brings the company’s total number of granted patents to seven, with an additional 25 patent applications pending. Together, they form a robust IP foundation that underscores Blue Biofuels’ commitment to safeguarding its pioneering biofuel technologies.  The newly granted patent marks a significant milestone in the evolution of our proprietary process, which continues to advance in efficiency, scalability, and innovation. As our technology becomes increasingly sophisticated, the importance of securing comprehensive intellectual property protections grows, ensuring...

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Lavoro Reaches Out-of-Court Restructuring Agreement with Key Suppliers and Reports Certain Preliminary Unaudited Financial Information for Second Quarter of Fiscal 2025

Lavoro Brazil reached an agreement with its principal suppliers providing for a multi-year inventory financing framework and the extension of obligation payment terms, positioning the business unit for recovery 2Q25 preliminary unaudited1 consolidated revenue was R$2.25 billion, a decrease of 27% year-over-year, primarily due to inventory shortages in Brazil Ag Retail; preliminary unaudited consolidated gross profit decreased 28% to R$366.9 million FY2025 guidance withdrawn Management to host a conference call today, at 5:00 p.m. ET (6:00 p.m. BRT)SÃO PAULO, June 18, 2025 (GLOBE NEWSWIRE) — Lavoro Limited (Nasdaq: LVRO, LVROW) (“Lavoro”, or the “Company”), the first U.S. listed pure-play agricultural inputs retailer in Latin America, announced today that its subsidiary, Lavoro Agro Holding S.A. (“Lavoro Brazil”) has reached...

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ArcelorMittal completes the acquisition of Nippon Steel Corporation’s interest in AM/NS Calvert

18 June 2025, 19:30 CET In accordance with the definitive Equity Purchase Agreement (the “EPA”) signed between ArcelorMittal (the “Company”) and Nippon Steel Corporation (“NSC”) on 11 October 2024, the Company confirms that it has completed the acquisition (the “transaction”) of NSC’s 50% equity stake in AM/NS Calvert, with ArcelorMittal already holding the balance. The facility, now renamed ArcelorMittal Calvert, was originally acquired by ArcelorMittal and NSC in 2014 from ThyssenKrupp for total consideration of $1.55 billion. The operation was originally built at a cost of approximately $5 billion. It commenced operations in 2010 and has a flat rolled steel capacity of 5.3 million metric tonnes, annually. It is one of the most advanced steel finishing facilities in North America, with assets that include:State-of-the-art hot strip...

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Authentic Holdings Inc. Partnership with Swerve TV Debuts with Highly Successful ‘Ring of Combat’ Live Broadcast

MORRISTOWN, N.J., June 18, 2025 (GLOBE NEWSWIRE) —  via IBN – Authentic Holdings, Inc. (OTC PINK: AHRO) today announced a landmark licensing agreement between one of its wholly-owned subsidiaries, Maybacks Global Entertainment, LLC, https://www.maybackstv.com/ and Swerve TV https://swerve.tv/ which has been validated by a highly successful inaugural live broadcast. The partnership’s first event, a live stream of the legendary “Ring of Combat” promotion from the Tropicana in Atlantic City this past Friday June 13th, exceeded viewership expectations and generated a significant social media buzz, powerfully demonstrating the value of placing premier content on Swerve TV’s massive distribution platform. Swerve TV’s channels are accessible in 80% of U.S. and Canadian homes and reach an audience of over...

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Nestlé announces succession for the Chair of the Board

[Ad hoc announcement pursuant to Art. 53 LR] This press release is also available in Français (pdf) and Deutsch (pdf) ………….Nestlé announces succession for the Chair of the Board Vevey, 18 June 2025Paul Bulcke, Chairman of the Board of Directors, will not stand for re-election at the Annual General Meeting (AGM) of Nestlé S.A. on 16 April 2026. After nearly 50 years of service, including 14 years on the Executive Board, almost 9 years as CEO and 9 years as Chairman, Paul Bulcke has decided to step down from his Board functions at the end of the company’s next AGM. The Board of Directors has decided to propose Pablo Isla, Nestlé’s current Vice Chairman, for election as Chairman at the AGM on 16 April 2026, allowing time for a smooth transition and an orderly hand-over. Paul Bulcke joined Nestlé in...

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