EDMONTON, Alberta, Dec. 20, 2024 (GLOBE NEWSWIRE) — Capital Power Corporation (TSX: CPX) (“Capital Power”) is pleased to announce the closing today of its previously announced sale of a 49% interest in the Quality Wind facility in British Columbia and the Port Dover and Nanticoke Wind facility in Ontario to Axium Infrastructure (“Axium”).
The renewable power asset sell-down transaction was previously announced on November 26, 2024. Total pre-tax cash proceeds to Capital Power from the transaction are expected to be approximately $340 million, inclusive of working capital. Capital Power will remain as operator for the facilities and receive an asset management fee.
Territorial AcknowledgementIn the spirit of reconciliation, Capital Power respectfully acknowledges that we operate within the ancestral homelands, traditional...
Firan Technology Group Corporation Completes Acquisition of FLYHT Aerospace Solutions Ltd.
Written by Customer Service on . Posted in Mergers And Acquisitions.
TORONTO, Dec. 20, 2024 (GLOBE NEWSWIRE) — Firan Technology Group Corporation (TSX: FTG) (OTCQX: FTGFF) (“FTG” or the “Corporation”) is pleased to announce the completion of the previously announced plan of arrangement (the “Transaction”) under the Canada Business Corporations Act pursuant to which FTG has acquired all of the issued and outstanding common shares (“FLYHT Shares”) of FLYHT Aerospace Solutions Ltd. (“FLYHT”). FLYHT is now a wholly-owned subsidiary of FTG.
The Transaction was approved at a special meeting held by holders of FLYHT Shares (“FLYHT Shareholders”) on December 16, 2024 by approximately 97.9% of the votes cast by FLYHT Shareholders. Final approval for the Transaction was obtained from the Court of King’s Bench of Alberta on December 18, 2024.
Under the terms of the Transaction, FLYHT Shareholders were able...
Leishen Energy Holding Co., Ltd. Announces Closing of $5,500,000 Initial Public Offering
Written by Customer Service on . Posted in Public Companies.
Beijing, China, Dec. 20, 2024 (GLOBE NEWSWIRE) — Leishen Energy Holding Co., Ltd. (the “Company” or “Leishen Energy”) (Nasdaq: LSE), a China-based provider of clean-energy equipment and integrated solutions for the oil and gas industry, today announced the closing of its initial public offering (the “Offering”) of 1,375,000 ordinary shares (“Shares”) at a public offering price of $4.00 per Share. The Shares began trading on the Nasdaq Capital Market on December 19, 2024, under the ticker symbol “LSE”.
The Company received aggregate gross proceeds of $5,500,000 from this Offering, before deducting underwriting discounts and commissions and offering expenses payable by the Company. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 206,250 Shares at the public offering price, less...
On 19 December 2024, the Estonian Financial Supervision and Resolution Authority (FSA) made a decision to issue a precept to Northern Horizon Capital AS based on an on-site inspection
Written by Customer Service on . Posted in Public Companies.
In May 2024, the Estonian FSA performed an on-site inspection, assessing the internal control system of Northern Horizon Capital AS and the implementation of measures to prevent and mitigate conflicts of interest. On 19 December 2024, the Estonian FSA issued a precept to Northern Horizon Capital AS, requiring it to improve some elements of its internal control processes and eliminate identified weaknesses.
Northern Horizon Capital AS has cooperated with the Estonian FSA throughout the process and prepared an action plan in August 2024 to resolve the matters, based on which several weaknesses have already been eliminated.
Lars Ohnemus, Chairman of the Supervisory Council of Northern Horizon Capital AS and Chairman of the Board of Northern Horizon Capital A/S (being a parent company of Northern Horizon Capital AS), commented:
“Our commitment...
On 19 December 2024, the Estonian Financial Supervision and Resolution Authority (FSA) made a decision to issue a precept to Northern Horizon Capital AS based on an on-site inspection
Written by Customer Service on . Posted in Public Companies.
In May 2024, the Estonian FSA performed an on-site inspection, assessing the internal control system of Northern Horizon Capital AS and the implementation of measures to prevent and mitigate conflicts of interest. On 19 December 2024, the Estonian FSA issued a precept to Northern Horizon Capital AS, requiring it to improve some elements of its internal control processes and eliminate identified weaknesses.
Northern Horizon Capital AS has cooperated with the Estonian FSA throughout the process and prepared an action plan in August 2024 to resolve the matters, based on which several weaknesses have already been eliminated.
Lars Ohnemus, Chairman of the Supervisory Council of Northern Horizon Capital AS and Chairman of the Board of Northern Horizon Capital A/S (being a parent company of Northern Horizon Capital AS), commented:
“Our commitment...
Volta Finance Limited – Net Asset Value(s) as at 30 November 2024
Written by Customer Service on . Posted in Public Companies.
Volta Finance Limited (VTA / VTAS)November 2024 monthly report
NOT FOR RELEASE, DISTRIBUTION, OR PUBLICATION, IN WHOLE OR PART, IN OR INTO THE UNITED STATES
Guernsey, December 20th, 2024
AXA IM has published the Volta Finance Limited (the “Company” or “Volta Finance” or “Volta”) monthly report for November 2024. The full report is attached to this release and will be available on Volta’s website shortly (www.voltafinance.com).
Performance and Portfolio Activity
Dear Investors,
Volta Finance achieved a net performance of +2.1% in November bringing the year-to-date return of the portfolio to +20.9%. Both our CLO Debt and our CLO Equity investments benefitted from a supportive macro backdrop and performed favorably.
The US presidential elections were obviously the main event of the month, with Donald Trump securing a large and undisputed...
Construction Resources Company, LLC Acquires Bell Cabinetry, LLC, Enhancing Unmatched Builder Products Offering in the Southeast
Written by Customer Service on . Posted in Mergers And Acquisitions.
Construction Resources Kitchen ft. Bell CabinetryConstruction Resources Company, LLC has completed the acquisition of Bell Cabinetry, LLC. Bell Cabinetry is an Atlanta-based business specializing in the design, manufacture, and installation of custom and semi-custom cabinets for professional builders, interior designers, and remodelers. Photo Credit: Robert Peterson @rusticwhiteinteriorsAtlanta, Georgia, Dec. 20, 2024 (GLOBE NEWSWIRE) — Construction Resources Company, LLC has completed the acquisition of Bell Cabinetry, LLC. Bell Cabinetry is an Atlanta-based business specializing in the design, manufacture, and installation of custom and semi-custom cabinets for professional builders, interior designers, and remodelers. Michael Bell, President & CEO of Bell Cabinetry, and his leadership team will remain with Construction...
INVNT® Celebrates Unprecedented Global Growth, Impact, and Innovation in 2024
Written by Customer Service on . Posted in Earnings Releases And Operating Results.
The global leader in innovation-led brand storytelling, INVNT®, celebrates a transformative 2024, redefining brand storytelling for iconic brands like General Motors, Oracle, Live Nation, Samsung, Netflix, SXSW, Amazon, and more.INVNT® Celebrates Unprecedented Global Growth in 2024The global leader in innovation-led brand storytelling partners with iconic brands including General Motors, Live Nation, Samsung, Levi’s, Amazon, Netflix, Xero, SXSW, Aveeno, 5 Hour Energy, and more.New York, NY, Dec. 20, 2024 (GLOBE NEWSWIRE) — INVNT®, the global leader in innovation-led brand storytelling, marks a year of transformative growth across international markets, delivering exceptional results for the world’s leading brands including General Motors, Oracle, Live Nation, Samsung, Netflix, SXSW, Xero, FanCode, Amazon, Asian...
Ipsos receives competition clearance to acquire infas to create a major player in market, opinion and social research in Germany
Written by Customer Service on . Posted in Mergers And Acquisitions.
Ipsos receives competition clearance to acquire infas to create a major player in market, opinion and social research in Germany
Paris, Hamburg, 20 December 2024 – Ipsos, one of the world’s leading market research companies, received today merger control clearance from German authorities for the acquisition of infas, following the voluntary public takeover offer process launched in August 2024. The operation is now set to be completed at the beginning of January 2025.
Following completion Ipsos will operate in Germany under the name Ipsos infas. With their respective skills and business areas, the combined teams – representing around 800 employees and 6 locations in Germany – will be able to offer an even broader range of innovative research services.
Ben Page, CEO of Ipsos, declared: “With this strategic move, we continue...
SANOMA CORPORATION: ACQUISITION OF OWN SHARES 20 December 2024
Written by Customer Service on . Posted in Public Companies.
Sanoma Corporation, Stock exchange release, 20 December 2024 at 18:30 EET
SANOMA CORPORATION: ACQUISITION OF OWN SHARES 20 December 2024
Nasdaq Helsinki Ltd:Date
20 December 2024
Exchange transaction
Buy
Share class
SANOMA
Amount
8,700
Average price/share, EUR
7.5994
Highest price/share, EUR
7.6500
Lowest price/share, EUR
7.5400
Total cost, EUR
66,114.78
The share buybacks are executed in compliance with Regulation No. 596/2014 of the European Parliament and Council (MAR) Article 5 and the Commission Delegated Regulation (EU) 2016/1052.
The company holds a total of 331,990 of its own shares (SANOMA) including the shares acquired on 20 December 2024.
Detailed information concerning the acquisition is attached to this stock exchange release.
On behalf of Sanoma Corporation
Skandinaviska...