Day: July 1, 2025

BNP PARIBAS CARDIF COMPLETES THE ACQUISITION OF AXA INVESTMENT MANAGERS

Written by Customer Service on July 1, 2025. Posted in Mergers And Acquisitions.

BNP PARIBAS CARDIF COMPLETES THE ACQUISITION OF AXA INVESTMENT MANAGERS PRESS RELEASE Paris, 01 July 2025, BNP Paribas Cardif has finalised the acquisition of AXA Investment Managers (AXA IM) and signed a long-term partnership with the AXA Group to manage a large part of its assets. This operation, announced on 1st August 2024, will enable the BNP Paribas Group to create a leading European asset management platform with over EUR 1.5 trillion in assets under management entrusted by its clients. It allows the Group to become the European leader in long-term savings management for insurers and pension funds with around EUR 850 billion, with the ambition to become the European leader in fund collection for private asset investments and positioning itself among the main providers of ETFs in Europe. This operation is also part of the...

EUR 150 million share buyback completed

Written by Customer Service on July 1, 2025. Posted in Public Companies.

Schiphol, July 1, 2025 – Aegon today announces the completion of its EUR 150 million share buyback program that began on January 13, 2025. Between January 13, 2025, and June 30, 2025, 25,200,170 common shares were repurchased for a total amount of EUR 150 million at an average price of EUR 5.9641 per share. Aegon will use 6,720,045 common shares to meet its obligations resulting from share-based compensation plans for senior management and cancel the remainder of the repurchased shares in the second half of 2025. For further details, visit our share buyback updates page at aegon.com. ContactsMedia relations Investor relations Richard Mackillican Yves Cormier +31(0) 62 741 1546 +31(0) 70 344 8028 richard.mackillican@aegon.com yves.cormier@aegon.com ...

Completion of the combination between Netcompany Banking Services and SDC and update on financial guidance

Written by Customer Service on July 1, 2025. Posted in Public Companies.

Company announcement No. 16/2025 1 July 2025 Completion of the combination between Netcompany Banking Services and SDC and update on financial guidance Today, Netcompany Group A/S (“Netcompany”) has completed the previously announced agreement of 10 February 2025, namely a transaction between Netcompany, SDC A/S (“SDC”), and a majority of SDC’s shareholders whereby a newly formed company of Netcompany and SDC would merge into a combined company fully owned by Netcompany. The transaction values SDC at DKK 1 billion and includes a cash payment of DKK 1 billion from Netcompany to SDC’s shareholders. The transaction with SDC provides a strong foothold for Netcompany in the financial services industry, which is the highest spending vertical within IT services in Europe. In 2025, the total addressable market in DK, NO, and SE is estimated...

Evolution of the accounting treatment of Renault Group’s stake in Nissan

Written by Customer Service on July 1, 2025. Posted in Public Companies.

PRESS RELEASEJuly 1, 2025Evolution of the accounting treatment of Renault Group’s stake in NissanRenault Group’s stake in Nissan, which was previously accounted for under the equity method, will be treated as a financial asset measured at fair value through equity, estimated on the basis of Nissan’s stock price, as of June 30, 2025. This approach aligns the value of the stake in Nissan in Renault Group’s financial statements with the value of Nissan’s share price. The financial impact, which is non-cash and has no impact on the calculation of the dividend paid by Renault Group, is estimated at a loss of €9.5 billion1, recognized in the income statement, mostly in other operating income and expenses as of June 30, 2025. The operational projects and collaboration resulting from the strategic...

dsm-firmenich announces redemption of €750 million hybrid bond

Written by Customer Service on July 1, 2025. Posted in Public Companies.

Press Release dsm-firmenich announces redemption of €750 million hybrid bond Kaiseraugst (Switzerland), Maastricht (Netherlands), July 1, 2025 dsm-firmenich, innovators in nutrition, health, and beauty, has decided to call and redeem the €750 million Deeply Subordinated Fixed Rate Resettable Perpetual Loan Notes (the “hybrid bond”) issued on May 27, 2020 (XS2182055009) by Firmenich International SA (the “Issuer”), a direct subsidiary of DSM-Firmenich A.G. The €750 million hybrid bond, with a coupon of 3.75%, is treated as equity under IFRS rules. The Issuer is exercising its right to call and redeem the €750 million hybrid bond at 100 percent of its nominal value plus accrued interest on August 5. Formal notice of redemption in accordance with the terms and conditions of the hybrid bond has been given separately. For more information,...

Sodexo Q3 Fiscal 2025 revenues in line with expectations

Written by Customer Service on July 1, 2025. Posted in Public Companies.

Issy-les-Moulineaux, July 1, 2025 (7am)Sodexo (Euronext Paris FR 0000121220-OTC: SDXAY)Organic revenue growth of +3.0% Fiscal 2025 expected to land at the lower end of the guidance range:Organic revenue growth between +3% and +4% Underlying operating profit margin improvement between +10 and +20 bps, at constant currenciesQ3 FISCAL 2025 REVENUESREVENUES(in million euros) Q3 FY25 Q3 FY24 ORGANICGROWTH EXTERNALGROWTH CURRENCYEFFECT TOTALGROWTHNorth America 2,873 2,904 +1.2% +0.1% -2.4% -1.1%Europe 2,176 2,096 +3.3% +0.0% +0.5% +3.8%Rest of the World 1,072 1,074 +7.5% -1.2% -6.5% -0.2%TOTAL 6,121 6,074 +3.0% -0.2% -2.1% +0.8%Commenting on the third quarter activity, Sophie Bellon, Sodexo Chairwoman and CEO, said: “Our third quarter organic growth is in line with expectations and reflects the continuation...

XPENG Announces Vehicle Delivery Results for June and First Half 2025

Written by Customer Service on July 1, 2025. Posted in Public Companies.

34,611 vehicles delivered in June, up 224% YoY Achieved a new record quarterly deliveries of 103,181 units in Q2 2025 First-half 2025 deliveries hit 197,189 units, surpassing total deliveries in 2024 30,000+ monthly deliveries sustained for eight consecutive monthsGUANGZHOU, China, July 01, 2025 (GLOBE NEWSWIRE) — XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for June and the first half of 2025. In June 2025, XPENG delivered 34,611 Smart EVs, representing a year-over-year increase of 224% and marking the eighth consecutive month that deliveries exceeded 30,000 units. In the second quarter of 2025, XPENG delivered 103,181 Smart EVs, setting a new quarterly record. This brings XPENG’s total deliveries...

Zscaler Announces Pricing of $1.5 Billion Offering of 0.00% Convertible Senior Notes Due 2028

Written by Customer Service on July 1, 2025. Posted in Public Companies.

SAN JOSE, Calif., June 30, 2025 (GLOBE NEWSWIRE) — Zscaler, Inc. (Nasdaq: ZS) today announced the pricing of $1.5 billion aggregate principal amount of 0.00% convertible senior notes due 2028 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Zscaler also granted the initial purchasers of the notes a 13-day option to purchase up to an additional $225 million aggregate principal amount of notes. The offering is expected to close on July 3, 2025, subject to customary closing conditions. The notes will be senior unsecured obligations of Zscaler. The notes will not bear regular interest and the principal amount of the notes will not accrete. The notes will mature on July 15, 2028, unless earlier...

Commencement of Chief Executive Officer

Written by Customer Service on July 1, 2025. Posted in Public Companies.

PERTH, Australia, July 01, 2025 (GLOBE NEWSWIRE) — Canyon Resources Limited (ASX: CAY) (‘Canyon’ or the ‘Company’) is pleased to announce that Mr Peter Secker has officially commenced his role as Chief Executive Officer (CEO), effective 1 July 2025. Canyon announced the leadership transition for Mr Secker and former CEO Mr Jean Sebastien Boutet on February 5, 2025, when Peter joined the Company as a strategic advisor. During this time, Peter has played an instrumental role in supporting the management team and Board, with a focus on optimising the development schedule for the flagship Minim Martap Bauxite Project (‘Minim Martap’ or ‘the Project’), helping advance and secure key regulatory approvals, finalise the Company’s strategic stake in CAMRAIL and progress funding initiatives to place the Company in a strong position to start...

DRC Medicine Ltd. Announces the Business Combination Agreement with Ribbon Acquisition Corp.

Written by Customer Service on July 1, 2025. Posted in Public Companies.

Combined Company Expected to be Listed on NASDAQ Global MarketDRC Medicine Ltd. (“DRC Medicine” or the “Company”), is an innovative healthcare and biotechnology company headquartered in Japan, focused on the research, development, and commercialization of advanced medical technologies that address significant global health challenges. The Company is best known for its proprietary Hydro Silver Titanium® technology, initially applied in consumer hygiene products such as masks and towels, and now being advanced to obtain medical device certification as among the world’s first therapeutic masks for seasonal allergic rhinitis. Combined company to have an implied initial pro forma equity value of approximately $422.15 Million, (assuming no redemptions) and the transaction is expected to deliver cash proceeds of around $50.42 Million to...

Day: July 1, 2025

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