Clermont-Ferrand – December 6, 2024    Michelin pursues its “Michelin in Motion 2030” strategy and focuses its activities in the construction market on its most valued offerings The Michelin Group is selling its Sri Lanka-based Midigama Tyre Division and Casting Product Division plants that manufacture bias tires and tracks for compact construction equipment, to the CEAT Group, a recognized player that is a better fit to these activities. The sale also includes the Camso brand, a renowned brand in these segments, at the end of a three-year licensing period. The transaction, which remains subject to regulatory approvals from the relevant authorities, is valued at an EBITDA multiple of 4.6 (adjusted EBITDA 2023). The decision is aligned with the Michelin in Motion 2030 sustainable growth strategy, which focuses the Group’s efforts where...

Westford, USA, Dec. 06, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global cloud advertising market size will reach a value of USD 14.53 Billion by 2031, with a CAGR of 18.1% during the forecast period (2024-2031). With the provision of cloud advertising services, the infrastructure and tools needed to execute programmatic ad campaigns are made available to advertisers. This will enable them to efficiently reach selected audiences, efficiently place their ads and control advertising spending. Cloud services are considered to be a more readily available option as far as programmatic advertisements are concerned due to their capability to easily scale up or down. Also, there was a resounding shift towards the cloud due to its widespread adoption in advertising and marketing across several industries. To supply tailored services,...

Cell viability can be described as the presence of living or viable cells. It is considered as an indicator of good cell health. Westford, USA, Dec. 06, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Cell Viability Assays Market share will reach a value of USD 3.24 Billion by 2031, with a CAGR of 9.94% during the forecast period (2024-2031). Cell viability assays (CVAs) test how cells react to any medication or infection. This is among the factors that have led to its wide use in the pharmaceutical and medical industries. The cell viability assays industry has grown significantly in recent years as a result of growing interest in the development of medications. Since cell viability tests can assess both the efficiency and toxicity as well as safety profiles of compounds, these are considered to be of huge importance...

Rapidly increasing global population and emphasis on providing food for their nutrition needs are expected to create new business scope for greenhouse providers. Westford, USA, Dec. 06, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that greenhouse market size will attain the value of USD 59.64 Billion by 2031, with a CAGR of 9.9% during the forecast period (2024-2031). The rapidly increasing global population and the emphasis on providing food for their nutritional needs are expected to create new business opportunities for greenhouse suppliers. Growing emphasis of countries and governments to improve food security amid rising issues of food supply shortages is also expected to bolster the demand for greenhouses over the coming years. Advances in greenhouse technologies and increasing awareness of its benefits are also expected to...

The global parenteral nutrition market is growing due to rising chronic diseases and gastrointestinal disorders, with continued expansion expected in the coming years. Westford, USA, Dec. 05, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the global parenteral nutrition market size will reach a value of USD 12,324.1 Million by 2031, with a CAGR of 7.6% during the forecast period (2024-2031). Shorter hospital stays, a lower risk of infection, the development of technically sophisticated parenteral nutrition (PN) products with barcode assistance, and the growing preference of PN over enteral nutrition in COVID-19 patients are some of the factors driving the market’s growth. According to the ASPEN20 virtual conference, optimizing results for individuals with COVID-19 still entails proper nutrition. This involved overcoming a...

Cool Roof Coatings Market size was valued at USD 4.75 Billion in 2023 to reach USD 8.28 Billion by 2031, at a CAGR of 7.20% during the forecast period (2024-2031). Westford, USA, Dec. 05, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that cool roof coatings market size will attain the value of USD 8.28 Billion by 2031, with a CAGR of 7.20% during the forecast period (2024-2031). The cool roof coatings industry has witnessed tremendous growth in recent years and is expected to expand further in the coming years. This growth can be attributed to several factors such as increasing demand for energy efficient solutions, growing environmental concerns and supportive government regulations. One of the major drivers of the market is the increasing emphasis on sustainability and energy efficiency in the construction industry. Cold roof coatings...

SAN JOSE, Calif., Dec. 05, 2024 (GLOBE NEWSWIRE) — Expanding its operations on The Garden Isle, California Water Service Group (NYSE: CWT) subsidiary Hawaii Water Service (Hawaii Water) finalized the acquisition of Kukui’ula South Shore Community Services’ (KSSCS) wastewater system assets yesterday. Hawaii Water will now own and manage the collection-only wastewater utility, which currently serves about 440 residential, commercial, and resort customers. The system, which is located in southeast Kauai, is expected to be able to serve up to 1,500 connections upon the completion of a planned resort buildout. Wastewater from KSSCS is discharged to the Poipu Water Reclamation Facility, which Hawaii Water acquired in its purchase of HOH Utilities at the end of 2023. Hawaii Water plans to invest in the local wastewater infrastructure...

DALLAS, Dec. 05, 2024 (GLOBE NEWSWIRE) — Beneficient (NASDAQ: BENF) (“Ben” or the “Company”),  a technology-enabled platform providing exit opportunities and primary capital solutions and related trust and custody services to holders of alternative assets through its proprietary online platform AltAccess, announced it has entered into an agreement to acquire Mercantile Bank International Corp. (“Mercantile Bank”), a Puerto Rico-based International Financial Entity (“IFE”), in exchange for an aggregate purchase price of $1.5 million, which is payable in up to approximately 2.1 million shares of the Company’s Class A common stock and cash. “We are very excited about the potential avenues for revenue growth that would be facilitated through this acquisition,” said Beneficient. “Acquiring Mercantile Bank would enable the Company to...

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, British Columbia, Dec. 05, 2024 (GLOBE NEWSWIRE) — ExGen Resources Inc. (TSX.V: EXG; OTC: BXXRF) (“ExGen”, the “Company”) is pleased to announce that it has entered into a binding letter of intent (the “Binding LOI”) to acquire the Spark North lithium project in Elko County, Nevada consisting of 111 claims totaling approximately 2300 acres prospective for lithium (the “Spark North Lithium Project”) from an arm’s length private company (the “Vendor”). The property is north of Surge Battery Metals Inc.’s (TSXV: NILI) “Nevada North Lithium Project” in Elko County, Nevada. In a news release dated September 24, 2024, Surge Battery Metals Inc. announced that the Nevada North Lithium Project had the highest grade lithium clay deposit...

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: CANACCORD GENUITY WEALTH LIMITED (for Discretionary clients)(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. N/A(c)   Name of offeror/offeree in relation to whose relevant securities this form relates:        Use a separate form for each offeror/offeree LEARNING TECHNOLOGIES GROUP PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date...