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Greif Completes Sale of Containerboard Business

DELAWARE, Ohio, Sept. 02, 2025 (GLOBE NEWSWIRE) — Greif, Inc. (NYSE: GEF, GEF.B), a global leader in performance packaging and services, announced today it has completed the previously announced sale of its containerboard business to Packaging Corporation of America. “The closing of this sale marks an important step forward for Greif. This transaction unlocks immediate value for our shareholders and allows Greif to deliver stronger and more consistent earnings power, enhances our capital efficiency, and accelerates debt reduction.” said Ole Rosgaard, President and CEO of Greif. As a result of this divestment, Greif is also adjusting its 2025 full-year guidance to exclude the previously disclosed $168 million of year-to-date Adjusted EBITDA performance, as well as implied fourth quarter performance of $50 million related to the...

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PennantPark Floating Rate Capital Ltd. Announces Acquisition of $250 Million Asset Portfolio

MIAMI, Sept. 02, 2025 (GLOBE NEWSWIRE) — PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that it has acquired a portfolio of approximately $250 million of assets, including from TSO Puma SPV, LLC, an affiliate of Towerbrook Capital Partners. This portfolio was distributed in connection with the winding down of PennantPark-TSO Senior Loan Fund, LP, an unconsolidated limited partnership, and include assets with which the Company’s investment adviser is familiar. The average spread and credit statistics are generally in-line with PFLT’s existing portfolio. The Company acquired these assets at their most recent fair market value. ‘We are pleased to add quality assets that we know well to the PFLT portfolio,” said Art Penn, Chairman and CEO. “We believe that this will help optimize our portfolio and...

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FG Communities Completes Acquisition in Hildebran, NC

Acquisition further solidifies footprint in Western North Carolina region CHARLOTTE, N.C., Sept. 02, 2025 (GLOBE NEWSWIRE) — FG Communities, whose mission is to preserve and improve affordable housing by acquiring and operating manufactured housing communities, is excited to announce its most recent acquisition in Hildebran, NC. Residents of the community are only minutes from downtown Hickory, NC, with its restaurants, shops, and museums. Downtown Morganton can be reached in about a half hour, and Lake Norman can be reached in under an hour. Growth in the region has created increasing demands for affordable housing. The Hildebran manufactured housing community offers our residents an affordable solution. Michael Anise, CEO of FG Communities, commented, “We believe that Western North Carolina will continue to experience growth....

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Innova Engineered Plastics Acquires PolyCraft Tech, Expanding Cast Urethane Capabilities

SHIRLEY, Mass., Sept. 02, 2025 (GLOBE NEWSWIRE) — Innova Engineered Plastics (“Innova”), a trusted leader in heavy gauge plastic enclosures and single use components for medical device and other critical highly regulated industries, is proud to announce the acquisition of PolyCraft Tech, a specialty manufacturer of precision cast urethane enclosures and components, based in San Diego, California. This strategic acquisition expands Innova’s design and manufacturing capabilities and strengthens its presence on the West Coast. PolyCraft Tech brings to Innova more than 25 years of experience manufacturing precision cast urethane enclosures and components for a range of applications including medical device enclosures, aerospace interior components, and 3D printed development prototypes. Known for its engineering expertise, advanced...

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Nukkleus Inc. Enters $28 Billion Defense AI Market With Proposed Acquisition of Tiltan Software Engineering Ltd.

The $14 million acquisition adds cutting-edge defense AI, advanced simulation software, 3D engines, and operational systems to Nukkleus’ A&D portfolio NEW YORK and TEL AVIV, Israel, Sept. 02, 2025 (GLOBE NEWSWIRE) — Nukkleus Inc. (Nasdaq: NUKK), a strategic acquirer and developer of high-growth businesses in the Aerospace and Defense (A&D) industry, today announced the execution and delivery of an agreement to purchase Tiltan Software Engineering Ltd., a leading Israeli developer of synthetic defense data generation, GPS-denied navigation solutions, and advanced System in Loop/Hardware in Loop simulator systems, for $14 million. Militaries worldwide are increasingly incorporating simulation platforms, and GPS-denied navigation systems into their operations, enabling troops to predict enemy movements, ensure secure navigation...

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Form 8.3 – AXA INVESTMENT MANAGERS: JTC plc

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: AXA Investment Managers S.A.(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 JTC plc(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 position...

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Glass Lewis Recommends Shareholders Vote FOR DallasNews’ Merger with Hearst

Independent Proxy Advisor Confirms Hearst Merger Delivers Certain and Immediate Value for Shareholders at a Substantial Premium Glass Lewis Believes Proposed Terms of Hearst Merger Approximate the Maximum Value Available DallasNews Board Recommends Shareholders Vote FOR the Hearst Merger to Secure a Certain and Significant Premium DALLAS, Sept. 02, 2025 (GLOBE NEWSWIRE) — DallasNews Corporation (Nasdaq: DALN) (the “Company” or “DallasNews”), the holding company of The Dallas Morning News and Medium Giant, announced today that leading independent proxy advisory firm, Glass, Lewis & Co. (“Glass Lewis”) has recommended shareholders vote FOR the pending merger with Hearst, one of the nation’s leading information, services and media companies, for $15.00 per share in cash (the “Hearst Merger”) which reflects a significant premium...

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K Wave Media Accelerates Growth with First Acquisition Post-Listing, a Visual Effects and AI-powered Advertising Company, Adds World-Class Tech Companies as New Clients

The acquisition is expected to boost K Wave Media’s revenues by 25–30% over the next 12 months, while adding VFX, AI-powered advertising, and 3D content capabilities for global clients, including Samsung, LG, TCL, and Hisense NEW YORK and SEOUL, South Korea, Sept. 02, 2025 (GLOBE NEWSWIRE) — K Wave Media (NASDAQ: KWM), a publicly traded media & entertainment company with a Bitcoin treasury, today announced its first acquisition since its NASDAQ listing—an exciting strategic move that accelerates its growth strategy and expands its core capacities. The acquisition is expected to bolster KWM’s creative portfolio, enhance content distribution reach, and reinforce financial discipline through the tied-share issuance mechanism. Target recorded $10.7 million revenue in 2024 with compound annual growth rate of 22% during 2020-2024...

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FibroGen Completes Sale of FibroGen China to AstraZeneca for Approximately $220 Million

Total consideration for the sale of FibroGen China to AstraZeneca is approximately $220 million, a $60 million increase from initial guidance Successfully repaid term loan to Morgan Stanley Tactical Value, further simplifying the Company’s capital structure Phase 2 monotherapy trial of FG-3246 in metastatic castration-resistant prostate cancer (mCRPC) remains on track to begin in 3Q 2025 Cash runway extended into 2028SAN FRANCISCO, Sept. 02, 2025 (GLOBE NEWSWIRE) — FibroGen, Inc. (NASDAQ: FGEN) today announced it has completed the sale of its China subsidiary to AstraZeneca for a total consideration of approximately $220 million, consisting of $85 million in enterprise value and approximately $135 million in net cash held in China. “We are thrilled to announce the completion of the sale of FibroGen China to AstraZeneca and are...

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Transom Capital-Backed Ampure Acquires Power Designers Sibex

LOS ANGELES, Sept. 02, 2025 (GLOBE NEWSWIRE) — Ampure Charging Systems (“Ampure”), a worldwide leader in vehicle charging technology backed by Transom Capital (“Transom”), is pleased to announce its acquisition of Power Designers Sibex (“Power Designers”), a leader in industrial charging products and electronics manufacturing based in Crystal River, Florida. The transaction marks a major milestone in Transom’s ongoing commitment to the revitalization and growth of Ampure’s market-defining industrial charging brand, known as PosiCharge. “Adding Power Designers enhances PosiCharge’s expertise and speed-to-market in product and operations,” said DJ Gregory, President of PosiCharge. “Our commitment to this acquisition underscores our determination to be the very best partner to our customers and a market-leading force in industrial...

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