ING to sell its business in Russia to Global Development JSC ING announced today that it has reached an agreement on the sale of its business in Russia to Global Development JSC, a Russian company owned by a Moscow-based financial investor with a background in factoring services. This transaction will effectively end ING’s activities in the Russian market. Under the terms of the agreement, Global Development will acquire all shares of ING Bank (Eurasia) JSC, taking over all Russian onshore activities and staff. Global Development intends to continue to serve customers in Russia under a new brand. The transaction, which has been preceded by extensive due diligence, is subject to various regulatory approvals and is expected to be closed in the third quarter of 2025. Since February 2022, ING has taken on no new business with Russian companies,...

The acquisition of Yokoy, a leading spend management platform, allows TravelPerk to offer a deeper and more unified travel and expense offering to its clients while expanding its addressable opportunity. The $200m Series E financing raises the company’s valuation to $2.7 billion. It will accelerate TravelPerk’s continued expansion into the US alongside further investments into product and AI. Atomico, EQT Growth, Noteus Partners and Sequoia Capital will join TravelPerk’s world-class investor base alongside existing investors like General Catalyst, Kinnevik, Softbank Vision Fund, and Blackstone.BARCELONA, Spain and ZURICH, Jan. 28, 2025 (GLOBE NEWSWIRE) — TravelPerk, the leading business travel platform, today announces a new Series E fundraise of $200m. The investment is led by European venture capital firm Atomico,...

Stolt-Nielsen to Purchase Shareholding in Avenir LNG Limited London, January 27, 2025 – Stolt-Nielsen Limited (Oslo Børs: SNI), through its subsidiary Stolt-Nielsen Gas Ltd., has today announced that it has entered into a share purchase agreement to acquire all the shares of Avenir LNG Limited (‘Avenir LNG’) owned by Golar LNG Limited and Aequitas Limited (the ‘Transaction’). The Transaction is expected to be completed during the first quarter of 2025 (subject to fulfilment of the conditions to closing under the share purchase agreement). Upon completion, Stolt-Nielsen Gas Ltd. will control approximately 94.37% of the outstanding shares and votes in Avenir LNG. Avenir LNG is an industry leader in small-scale liquefied natural gas (LNG) supply and is focused on supporting the marine energy transition through one of the largest fleets of...

MELBOURNE, Australia and INDIANAPOLIS, Jan. 28, 2025 (GLOBE NEWSWIRE) — Telix Pharmaceuticals Limited (ASX: TLX, Nasdaq: TLX, Telix, the Company) today announces it has completed the acquisition of RLS (USA) Inc. (RLS; RLS Radiopharmacies), America’s only Joint Commission-accredited radiopharmacy network distributing PET1, SPECT2 and therapeutic radiopharmaceuticals. The acquisition immediately enhances Telix’s presence in the United States (U.S.), with a network of over 30 radiopharmacies3 dispensing radiopharmaceuticals manufactured by Telix and other companies, while bringing a team of highly-skilled and multi-disciplinary radiopharmaceutical professionals into the Company. The acquisition is part of Telix’s strategy to establish an integrated radiopharmaceutical ecosystem, enhancing its ability to deliver novel therapeutic...

Accelerates Growth Strategy of Communications Technologies Platform;Highly Complementary Technology and Growth Markets CHARLOTTE, N.C., Jan. 27, 2025 (GLOBE NEWSWIRE) — SPX Technologies, Inc. (NYSE:SPXC) (“SPX”, the “Company”, “we” or “our”) announced today that it has completed the acquisition of Kranze Technology Solutions, Inc. (“KTS”), a leader in digital interoperability and tactical networking solutions. KTS is now a part of SPX Technologies’ Communication Technologies (“CommTech”) platform, within its Detection & Measurement segment. KTS is anticipated to be modestly accretive to adjusted earnings per share from continuing operations in 2025. Management plans to provide 2025 guidance including the impact of KTS on February 25, 2025, when SPX Technologies reports Q4 2024 results. “We are excited to welcome the KTS team...

HANGZHOU, CHINA, Jan. 27, 2025 (GLOBE NEWSWIRE) — HZJL Cayman Limited (“HZJL”), a comprehensive solution provider empowering local businesses with innovative branding, software, and supply chain services, announced the execution of an Agreement and Plan of Merger (the “Merger Agreement”) for a business combination with Rising Dragon Acquisition Corporation (Nasdaq: RDACU, RDAC, RDACR) (“RDAC”), a publicly traded special purpose acquisition company. Upon consummation of the transaction contemplated by the Merger Agreement, (i) RDAC will reincorporate by merging with and into Xpand Boom Technology Inc., a Cayman Islands exempted company and wholly owned subsidiary of RDAC (“Xpand Boom Technology”), and (ii) concurrently with the reincorporation merger, Xpand Boom Solution Inc., a Cayman Islands exempted company and wholly owned...

Operations Are Underway at Newport News Shipbuilding Charleston Operations GOOSE CREEK, S.C., Jan. 27, 2025 (GLOBE NEWSWIRE) — HII (NYSE: HII) announced today it has closed on its acquisition of an advanced manufacturing facility and assets and begun work at its Newport News Shipbuilding (NNS) — Charleston Operations site in South Carolina. “HII is committed to going where the labor is to increase shipbuilding capacity and increase throughput for our national security customers,” HII President and CEO Chris Kastner said. “This lets us efficiently add trained talent and state-of-the-art manufacturing capabilities to the urgent job of building ships, making it a unique opportunity to immediately accelerate throughput at Newport News Shipbuilding in support of the Navy and AUKUS.” HII announced last month its intent to acquire the...

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the Takeover Code (the “Code”) 1.        KEY INFORMATION(a)   Full name of discloser: Danske Bank A/S(b)   Owner or controller of interests and short positions disclosed, if different from 1(a):        The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.  (c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree International Paper Company(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)   Date position held/dealing undertaken:        For an opening...

The Colt Group Expands its Hot Tapping Services and Deepens Midwest Presence HOUSTON, Jan. 27, 2025 (GLOBE NEWSWIRE) — The Colt Group (“Colt”), a provider of on-line industrial leak repair solutions, announced today that it has acquired RJ Stacey (“RJ Stacey” or “the Company”). Terms of the transaction were not disclosed. Founded in 1990 and headquartered in Lake Orion, MI, RJ Stacey provides online leak repair, hot tapping, line stopping, and blast furnace repair. The Company serves a diverse customer base across the Midwest that includes companies in the energy, steel, construction, pharmaceutical and automotive industries, among others. RJ Stacey Founder and CEO Ryan Stacey will remain with the company. “RJ Stacey is a strategic fit on many levels, and we are excited to welcome Ryan and his team to the Colt family,” said Colt...

The Woods Creek Project Comprises of 25 Claims Covering 516.5 Acres CALGARY, Alberta, Jan. 27, 2025 (GLOBE NEWSWIRE) — Integral Metals Corp. (CSE: INTG | FSE: ZK9) (the “Company” or “Integral”) is pleased to announce the acquisition of its Woods Creek Project, located within the Idaho Rare Earth Elements-Thorium (REE-Th) Belt in southwestern Montana. This strategic addition to the Company’s portfolio includes 25 lode claims covering 516 acres and is positioned to capitalize on the increasing demand for rare earth elements critical to modern technologies. The Woods Creek Project lies within the Idaho REE-Th Belt, a geologically significant trend renowned for its rare earth element-rich carbonatite systems. This belt extends across Idaho and Montana and is host to known mineralized systems such as Sheep Creek, Mineral Hill,...