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Day: September 24, 2025

Diginex Provides Update on Acquisition Strategy

LONDON, Sept. 24, 2025 (GLOBE NEWSWIRE) — Diginex Limited (NASDAQ: DGNX) (“Diginex”), a leading provider of Sustainability RegTech solutions, today provided an update on its acquisition strategy. Matter DK ApS (“Matter”) On August 18, 2025, Diginex signed a definitive agreement for an all-share acquisition of Matter, an innovative ESG data company focused on delivering sustainability data and analytics solutions to the investment industry and helping financial institutions understand and communicate the sustainability of investments. Matter is based in Copenhagen, Denmark, and counts a subsidiary of NASDAQ as its main strategic investor. The transaction values the equity of Matter at $13 million, which will be paid through the issuance of Diginex ordinary shares valued at $83.77 per ordinary share, which shares are subject to an...

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Shareholders of Verona Pharma Approve Proposed Acquisition by Merck

Transaction expected to close on October 7, 2025 LONDON, U.K., and RALEIGH, N.C., Sept. 24, 2025 (GLOBE NEWSWIRE) — Verona Pharma plc (Nasdaq: VRNA) (“Verona Pharma”), a biopharmaceutical company focused on respiratory diseases, which entered into a definitive agreement on July 8, 2025 relating to its proposed acquisition by Merck & Co., Inc. (NYSE: MRK) (“Merck”) through a wholly owned subsidiary or a nominee, today announced that its shareholders have approved the proposal for Merck to acquire Verona Pharma for $107 per American Depository Share (ADS), each of which represents eight Verona Pharma ordinary shares, for a total transaction value of approximately $10 billion (the “Transaction”). The Transaction is being implemented by way of a scheme of arrangement under English law (the “Scheme”) and remains subject to the...

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Kodiak Completes Business Combination with Ares Acquisition Corporation II to Accelerate Journey as a Leading AI-Powered Autonomous Vehicle Technology Company

Kodiak AI, Inc. is expected to commence trading on Nasdaq under ticker symbols “KDK” and “KDKRW” on September 25, 2025Kodiak’s ~$2.5 billion valuation is among the largest operating company de-SPAC transactions of 2025 to dateThis milestone, together with Kodiak’s track record in deploying revenue generating autonomous technology, underscores its leadership in the autonomous vehicle sectorKodiak and Ares Acquisition Corporation II have raised over $275 million before expenses to help Kodiak accelerate its go-to-market strategyMOUNTAIN VIEW, Calif. and NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) — Kodiak AI, Inc. (“Kodiak” or the “Company”), a leading provider of AI-powered autonomous vehicle technology, today announced that Kodiak Robotics, Inc. successfully completed its business combination with Ares Acquisition Corporation...

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Stitch Fix Announces Fourth Quarter and Full Fiscal Year 2025 Financial Results

Q4 2025 Net Revenue Decreased 2.6% YoY, Increased 4.4% YoY on a 13-Week Adjusted BasisQ4 2025 Net Revenue Per Active Client Grew 3.0% YoY to $549FY 2025 Gross Margin Expanded YoY to 44.4% SAN FRANCISCO, Sept. 24, 2025 (GLOBE NEWSWIRE) — Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, today announced its financial results for the fourth quarter and full fiscal year 2025, ended August 2, 2025. Please note that fiscal 2024 was a 53-week year due to an extra week in the fourth quarter. As such, the adjusted revenue growth rates referenced in these results remove the impact of that extra week to provide a comparison that the Company believes more accurately reflects its performance. “Fiscal 2025 was a milestone year for Stitch Fix. We finished the year with our second consecutive quarter of year-over-year...

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Steelcase Reports Second Quarter Fiscal 2026 Results

Revenue grew 5% compared to prior year, led by strong growth from large corporate customers in the Americas and from the India market in International Gross margin of 34.4% was approximately flat compared to prior year despite higher tariff and restructuring costs Orders grew 6% compared to prior year, led by continued growth from large corporate customers in the AmericasGRAND RAPIDS, Mich., Sept. 24, 2025 (GLOBE NEWSWIRE) — Steelcase Inc. (NYSE: SCS) today reported second quarter revenue of $897.1 million, net income of $35.0 million, or $0.29 per share, and adjusted earnings per share of $0.45. In the prior year, Steelcase reported revenue of $855.8 million, net income of $63.1 million, or $0.53 per share, and adjusted earnings per share of $0.39. As previously announced, on August 3, 2025, the company entered into an Agreement...

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Breakthrough Marking Technology Unveiled by Matthews Marking Systems

PITTSBURGH, Sept. 24, 2025 (GLOBE NEWSWIRE) — Matthews International Corporation (NASDAQ GSM: MATW) (“Matthews” or the “Company”) announces today that its business, Matthews Marking Systems, is unveiling its proprietary Axian Inkjet (XIJ) printing technology, a breakthrough innovation redefining high-speed, high-resolution product marking for consumer-packaged goods (CPG) and fast-moving consumer goods (FMCG) industries. Introducing XIJ: The Next Generation of Inkjet PrintingUtilizing XIJ, the new MPERIA® Axian XIJ AX1000 Series printer (scheduled to launch next week at the 2025 Pack Expo in Las Vegas) merges the best attributes of Continuous Inkjet (CIJ) and Thermal Inkjet (TIJ) into a single, high-performance platform. Developed by Matthews Marking Systems engineers, XIJ leverages proprietary micro-electromechanical systems (MEMS)...

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Blue Moon Metals Announces C$60 Million Bought Deal Public Offering

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Sept. 24, 2025 (GLOBE NEWSWIRE) — Blue Moon Metals Inc. (“Blue Moon” or the “Company“) (TSXV: MOON; OTCQX: BMOOF), is pleased to announce that it has entered into a letter agreement with Scotiabank and Canaccord Genuity Corp., acting as joint bookrunners on behalf of a syndicate of underwriters, including Cormark Securities Inc. acting as co-lead underwriter (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a “bought deal” basis from the Company, 18,200,000 common shares of Blue Moon (the “Common Shares”) at a price of C$3.30 per Common Share for aggregate gross proceeds of C$60,060,000 (the “Offering”). Blue Moon has granted the Underwriters an over-allotment...

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XPO Named a 2026 FreightTech 100 Company by FreightWaves

GREENWICH, Conn., Sept. 24, 2025 (GLOBE NEWSWIRE) — XPO (NYSE: XPO), a leading provider of freight transportation in North America, has been named to the 2026 FreightTech 100 list by FreightWaves, a global provider of supply chain market intelligence. This is XPO’s eighth consecutive appearance on the FreightTech 100, which recognizes the most innovative companies in the freight transportation industry. XPO is the only LTL freight transportation provider on this year’s list. XPO deploys cloud-based proprietary technology across every facet of its business to stay fast, agile and efficient. This includes best-in-class AI solutions to optimize key functions like linehaul, pickup-and-delivery, labor planning, revenue management and customer experience. Jay Silberkleit, chief information officer of XPO, said, “We’re grateful...

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Toll Brothers Announces New Luxury Home Community Coming Soon to San Antonio Area

SCHERTZ, Texas, Sept. 24, 2025 (GLOBE NEWSWIRE) — Toll Brothers, Inc. (NYSE:TOL), the nation’s leading builder of luxury homes, today announced its newest San Antonio-area community, Toll Brothers at Windborne, is coming soon to Schertz, Texas. This Toll Brothers neighborhood will include a collection of modern single-family homes on expansive 100-foot-wide home sites just a 20-minute drive from downtown San Antonio. The community, located at Graytown and Ivy Manor in Schertz, is anticipated to open for sale later this fall 2025. Toll Brothers at Windborne will showcase a collection of dynamic, one- and two-story floor plans with 3 to 5 bedrooms including first-floor primary bedroom suites, exceptional outdoor living spaces, and sophisticated personalization opportunities. The community will feature six luxury home designs with...

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North Atlantic France SAS reaches a key milestone in its project to acquire a majority stake in Esso Société Anonyme Française SA and 100% of ExxonMobil Chemical France SAS, with the signing of a share purchase agreement

ST. JOHN’S, NL, CANADA, Sept. 24, 2025 (GLOBE NEWSWIRE) — North Atlantic France SAS reaches a key milestone in its project to acquire a majority stake in Esso Société Anonyme Française SA and 100% of ExxonMobil Chemical France SAS, with the signing of a share purchase agreement ST. JOHN’S, NL, CANADA, September 24, 2025 – North Atlantic France SAS (“North Atlantic”) announced on May 28, 2025, that it had entered into exclusive negotiations with ExxonMobil France Holding SAS (“ExxonMobil”) for the acquisition of ExxonMobil’s entire stake in Esso Société Anonyme Française SA (“Esso S.A.F.”) and ExxonMobil Chemical France SAS by signing a put option agreement. Following the information and consultation process of employees’ representative bodies, North Atlantic today announces that it has entered into an agreement with ExxonMobil...

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