Author: Customer Service
Acquisition Will Further Expand Craft Distillation and Create Unique Consumer ExperiencesRedwood Empire Whiskey Acquires Luxury Northern California DistilleryRedwood Empire Whiskey today announced it acquired a luxury Northern California distillery to expand its craft distillation and create unique consumer experiences.Derek Benham, owner, Redwood Empire WhiskeyIndustry veteran Derek Benham founded Redwood Empire Whiskey in 2014. This pivotal investment marks a new chapter for Redwood Empire, offering the ability to meet soaring demand and continued commitment to the highest quality while establishing a premier visitor destination for Redwood Empire whiskey enthusiasts. Graton, CA, Dec. 20, 2024 (GLOBE NEWSWIRE) — Derek Benham, owner of Redwood Empire Whiskey, announced today the acquisition of Savage &...
Press release: Transactions carried out as part of a share buyback program and outside of a liquidity contract
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Press releaseParis, 20 December 2024
Transactions carried out as part of a share buyback program and outside of a liquidity contract
Orange announces that it has purchased treasury shares within the framework of its 2024 share buyback program.
These shares have been acquired to honor obligations related to long-term incentive plans for corporate officers and senior employees. The long-term incentive plans, which are conditional on presence and performance, were set up with the aim of involving Group key managers in the success of its strategic plan.
Name of the issuer: Orange (LEI: 969500MCOONR8990S771)References of the share buyback program: A description of the program authorized by the Shareholders’ General Meeting held on 22 May 2024 (16th resolution) can be found in Orange’s 2023 universal registration document (section 6.5)Securities...
Beyond, Inc. Announces Sale of Corporate Headquarters Closing
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— Company On Track to Deliver $65 Million Annualized Fixed Cost Reduction —
— Company to Maintain Presence in Salt Lake City —
MIDVALE, Utah, Dec. 20, 2024 (GLOBE NEWSWIRE) — Beyond, Inc. (NYSE:BYON), owner of Bed Bath & Beyond, Overstock, Zulily, and other online retail brands designed to unlock your family’s and home’s potential (“the Company”), today announced that it has completed the transaction with Salt Lake County to sell the Company’s corporate headquarters located in Midvale, Utah on December 20, 2024. The sale of the corporate headquarters aligns with the Company’s strategic plan to reduce debt and fixed costs, free up capital for new growth opportunities, and generate cash flow.
“I am pleased to report we have delivered almost 90% of our $65 million annualized fixed cost expense reduction while making sequential...
Capital Power announces closing of renewable power asset sell-down transaction
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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
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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
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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
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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
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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...