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Allied Universal Acquires Mulligan Security

IRVINE, Calif., Aug. 13, 2025 (GLOBE NEWSWIRE) — Allied Universal®, the world’s leading security and facility services provider, today announced its further expansion in the northeast region of the U.S. with the acquisition of Mulligan Security. For more than 30 years, Mulligan Security has provided security and fire safety services to clients in and around New York City. Its clients range from commercial properties and corporate facilities to hospitals and museums.   “Combining the strength of our businesses and leadership teams, will create new opportunities to expand our innovative security solutions to meet the needs of our clients,” said Steve Jones, global chairman and CEO of Allied Universal. “Mulligan Security’s deep expertise and strong presence in Greater New York City helps strengthen Allied Universal’s footprint in...

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PainReform Ltd. Completes Strategic Investment in LayerBio to Enter $9B Global Cataract Surgery Market with Breakthrough Non-Opiate, Non-Steroidal Postoperative NSAID Drug Delivery System

Acquisition of Majority Equity Interest in LayerBio and its OcuRing™-K Technology Targets Growing Demand for ‘Dropless’ Solutions in Ophthalmic Surgery TEL AVIV, Israel, Aug. 13, 2025 (GLOBE NEWSWIRE) — PainReform Ltd. (Nasdaq: PRFX), today announced, through its pharmaceutical division, the closing of its previously announced investment in LayerBio, Inc., a privately held Boston-based biotechnology company advancing sustained-release drug delivery technologies in ophthalmology. With this transaction, PainReform has acquired a majority equity interest in LayerBio and plans to initiate the next clinical trial of OcuRing™-K, LayerBio’s lead investigational product for pain and inflammation control following cataract surgery. This transaction positions PainReform to potentially address a large and growing clinical need...

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The Keg Royalties Income Fund announces Successful Closing of the Transaction with Fairfax

Not for distribution to U.S. News wire services or dissemination in the U.S. VANCOUVER, British Columbia, Aug. 13, 2025 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) and 1543965 B.C. Ltd. (the “Purchaser”), a subsidiary of Fairfax Financial Holdings Limited (collectively with its affiliates, “Fairfax”) are pleased to announce the successful closing of the previously announced plan of arrangement (the “Transaction”) pursuant to which the Purchaser acquired all of the issued and outstanding units of the Fund (the “Units”) not otherwise owned directly or indirectly by Fairfax. In connection with the completion of the Transaction, 1543966 B.C. Ltd. is now the sole trustee of the Fund (the “Trustee”) and the Units were delisted from the Toronto Stock Exchange (“TSX”) as of the close of trading on August...

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Correction: Form 8.3 – Tritax Big Box Reit Plc

AMENDED DISCLOSURE – PLEASE REFER TO SECTION 3(a) 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: Rathbones Group Plc(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 Tritax Big Box REIT Plc(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  (e)   Date...

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Gildan and HanesBrands Agree to Combine To Create a Global Basic Apparel Leader

 (all amounts are in U.S. dollars except where otherwise indicated)(1) Please refer to “Non-GAAP financial measures and related ratios” in this press release(2) Enterprise value is calculated as fully diluted equity value, plus financial debt, plus underfunded pension liabilities, less cash and equivalents Combination will create a global basic apparel leader, with access to iconic innerwear brands and a further strengthened low-cost vertically integrated manufacturing network Highly complementary acquisition expands Gildan’s scale, increasing the strength of our business in basic apparel Proven operational model expected to enable the realization of at least $200 million of annual run-rate cost synergies within three years of closing: ~$50 million in 2026, ~$100 million in 2027, ~$50 million in 2028 Expected...

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Brown & Brown, Inc. acquires the assets of Tire Shield

DAYTONA BEACH, Fla., Aug. 12, 2025 (GLOBE NEWSWIRE) — J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Mark N. Otto, the owner of Tire Shield, Inc. (“Tire Shield”), today announced that Brown & Brown Dealer Services (“BBDS”) has acquired the assets of Tire Shield. Founded in 1997, Tire Shield offers administrative services for dealers and agents providing tire and wheel road hazard products and GAP waiver products for the RV, Automotive and Power Sports Industries. The Tire Shield team will join Brown & Brown Dealer Services and continue to operate from their offices in Las Vegas, Nevada. The team will report to William Kelly, president of BBDS’s administrative services. Mike Neal, president of BBDS, stated, “We are excited to welcome the Tire Shield team and their valued customers...

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Diginex Announces MOU for US$305m Acquisition of Findings, a leading cybersecurity and compliance automation company

LONDON, Aug. 12, 2025 (GLOBE NEWSWIRE) — Diginex Limited (“Diginex” or the “Company”) (NASDAQ: DGNX), a leading provider of Sustainability RegTech solutions, today announced the signing of a non-binding Memorandum of Understanding (MOU) to acquire 100% of the equity interests of IDRRA Cyber Security Ltd., which operates under the trade name Findings. Findings is backed by Magenta Venture Partners and provides innovative category leading supply chain risk monitoring and vendor risk automation solutions in the cybersecurity and sustainability regulatory domains. Diginex believes this strategic acquisition aligns with Diginex’s mission to enhance its technological capabilities and expand its footprint in the cybersecurity sector, and build a global leader in compliance data verification and regulatory compliance automation. Utilizing...

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Advent Technologies Holdings, Inc. Enhances License to Groundbreaking Ion Pair Technology Developed at Los Alamos National Laboratory by Acquiring Exclusivity in Marine, Aviation, and Portable Power Fields

LIVERMORE, Calif., Aug. 12, 2025 (GLOBE NEWSWIRE) — Advent Technologies Holdings, Inc. (NASDAQ: ADN), an innovation-driven company in the fuel cell and hydrogen technology space, announced today that it has entered into a new enhanced license agreement with TRIAD National Security for the Ion Pair technology originally developed at Los Alamos National Laboratory. In the new enhanced license, Advent acquired exclusivity to the technology in the marine, aviation, and portable power fields while retaining its non-exclusive rights in all other fields. Dr. Emory DeCastro, Advent’s Chief Technology Officer, stated: “We are very excited to leverage the Los Alamos technology into areas that will make a real difference in Defense, Homeland Security, marine, and aviation systems. We look forward to working with our partners in implementing...

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TWFG Insurance Accelerates Northeast Expansion with Acquisition of Angers & Litz Associates

THE WOODLANDS, Texas, Aug. 12, 2025 (GLOBE NEWSWIRE) — TWFG Insurance (NASDAQ: TWFG), a high-growth independent insurance distribution platform, has expanded its national footprint with the strategic acquisition of Angers & Litz Associates, Inc., a well-established agency based in Schenectady, New York. This move marks a key milestone in TWFG’s Northeast growth strategy and reinforces its commitment to scaling through high-quality, legacy-rich partnerships. Founded in 1963, Angers & Litz has built a strong reputation for delivering both commercial and personal lines insurance solutions. Its deep regional presence and multi-generational client relationships provide TWFG with immediate market penetration and long-term growth potential in the Northeast. Michael F. Litz, who will be staying on as branch manager, stated, “We...

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Sciens Building Solutions Acquires Houston-area Company

Addition of Alarmtechs enhances Sciens’ Texas presence and adds to its growing nationwide platform SAN FRANCISCO, Aug. 12, 2025 (GLOBE NEWSWIRE) — Sciens Building Solutions (“Sciens”) today announced it has welcomed Katy, Texas-based Alarmtechs, Inc. (“Alarmtechs”) to its growing portfolio of companies. This is the latest acquisition announcement from Sciens and helps further expand their presence in the Texas market, while providing Alarmtechs and its customers with even deeper resources and expertise, as well as the ability to leverage Sciens’ growing presence across North America. “I am looking forward to partnering with Sciens to help take the Alarmtechs team to the next level,” said Bill Waters, Alarmtechs founder. “We have wonderful employees and great customers and to see this partnership drive more success for those folks...

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