NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) — Brookfield Asset Management (NYSE: BAM, TSX: BAM) through one of its private equity funds, together with its listed affiliate Brookfield Business Partners (NYSE: BBU, BBUC; TSX: BBU.UN, BBUC), today announced that it has completed the acquisition of Chemelex (“the business”) from nVent Electric Plc for a purchase price of $1.7 billion. Chemelex is a global leader in the design and manufacturing of electric heat trace systems, the specialized wiring systems that regulate the temperature of pipes in industrial plants and commercial buildings. With high barriers to entry and strong brand recognition as the inventor of electric heat tracing in 1972, the business sells its products into the industrial, commercial and residential, traditional and clean energy, and infrastructure markets. Dave...

HAMPTON, N.H., Jan. 31, 2025 (GLOBE NEWSWIRE) — Unitil Corporation (NYSE:UTL) (unitil.com) today announced that it completed the purchase of Bangor Natural Gas Company (“Bangor”), from PHC Utilities, Inc., a subsidiary of Hope Utilities, Inc. The Stock Purchase Agreement (the “Agreement”) between PHC Utilities, Inc. and Unitil was first announced on July 8, 2024. All conditions of the Agreement, including the receipt of approvals from the Maine Public Utilities Commission, were completed as of the closing date. Bangor Natural Gas Company, which began operations in 1998, brings approximately 8,500 customers, 351 miles of distribution pipelines, and nine miles of transmission pipelines to the Unitil system. With the acquisition, Unitil serves approximately 207,000 customers throughout Maine, New Hampshire, and Massachusetts. “Bangor...

MELBOURNE, Australia and INDIANAPOLIS, Jan. 31, 2025 (GLOBE NEWSWIRE) — Telix Pharmaceuticals Limited (ASX: TLX, Nasdaq: TLX, Telix, the Company) today announces it has completed the acquisition from antibody engineering company ImaginAb, Inc. (ImaginAb). The acquisition includes a pipeline of next-generation therapeutic candidates, a proprietary novel biologics technology platform, and a protein engineering and discovery research facility to enhance existing innovation capabilities1. This transaction delivers a pipeline of drug candidates against validated cancer targets including DLL32 and integrin αvβ63, as well as a panel of other agents against novel targets in early discovery stage. The Company believes that these next generation drug candidates fit synergistically with Telix’s therapeutics pipeline, enabling expansion to...

Strategic move enhances expertise in mining projects, stability designs and failure analysesUES Acquires MEAUES Expands Subsidence and Geoforensic Engineering Services with Acquisition of Marino Engineering AssociatesORLANDO, Fla., Jan. 30, 2025 (GLOBE NEWSWIRE) — UES, a national leader in geotechnical engineering, environmental consulting, materials testing and inspection services, has acquired Marino Engineering Associates (MEA) in St. Louis, MO, enhancing its expertise in subsidence and geoforensic engineering services. MEA, a leader in advanced subsidence and geotechnical engineering for more than 40 years, specializes in design and risk mitigation analysis for underground and surface mines where land subsidence is a concern. MEA has worked extensively in the areas of subsidence displacement and damage, subsidence...

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: Davidson Kempner Capital Management LP(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 Smith (DS) 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...

Ipsos becomes the leader of social and government research in Australia with the acquisition of Whereto Research Paris, 30 January 2025 – Ipsos, one of the world’s leading market research companies, announces the acquisition of Whereto Research, a key player in public sector research in Australia. Based primarily in Melbourne, Whereto Research is renowned for its expertise in public policies and government communication evaluation. Ipsos has been operating in Australia since more than 25 years. With a team of over 200 people and offices in Sydney, Melbourne, Brisbane, and Perth, it offers a full suite of research services in diverse sectors, including public affairs, advertising, marketing and media. Ben Page, CEO of Ipsos, stated: “Whereto Research’s expertise in public sector and federal research in Australia, combined with Ipsos’...

Strengthens National Benefits Specialty Practice capabilities; expands Michigan presence BOSTON, Jan. 30, 2025 (GLOBE NEWSWIRE) — Risk Strategies, a leading national specialty insurance brokerage and risk management firm, today announced the acquisition of Comprehensive Benefits, Inc. and Gabrielson Insurance & Financial Services, both located in the Greater Detroit area. The joint acquisition preserves an established working relationship between the two partner companies, providing increased capabilities for the clients of two established specialists. Terms of the deal were not disclosed. Founded in 1989 and based in Southfield, Michigan, Comprehensive Benefits offers a full range of employee benefits services for both fully insured and self-funded programs for organizations. Its offerings and capabilities include medical...

CORNELIUS, N.C., Jan. 30, 2025 (GLOBE NEWSWIRE) — Alpha Modus Holdings, Inc. (Nasdaq: AMOD) (“Alpha Modus”, “AMOD”, or the “Company”), in a statement today, through Alpha Modus CEO William Alessi, emphasized the company’s strong fundamentals, ongoing growth strategy, and commitment to delivering value to shareholders amidst what he described as “uninformed speculation” by certain market participants. “The recent sell side activity targeting AMOD stock appears to be driven by misconceptions and a lack of understanding about our business and long-term strategy coupled with the ‘de-SPAC norm,’” said Alessi. “This trend is emblematic of broader market dynamics in the SPAC environment, where some investors prioritize short-term speculation over informed, long-term investment. In recent years, it’s been...

Partnership Provides Opportunity to Expand Services and Accelerate Growth NEW YORK and COLUMBUS, Ohio, Jan. 30, 2025 (GLOBE NEWSWIRE) — Brightstar Capital Partners (“Brightstar”), a middle market private equity firm focused on investing in business services, industrials, consumer, and government services and technology, announced today that it has acquired WW Williams (“Williams” or the “Company”) from One Equity Partners. Williams is a provider of equipment and aftermarket parts and service for commercial trucks, dry and refrigerated trailers, diesel engines, and power generation systems. The Company’s senior management team will retain an ownership stake in the business. Founded in 1912, WW Williams is a diversified aftermarket parts and service provider to the commercial vehicle and equipment markets...

TORONTO, Jan. 30, 2025 (GLOBE NEWSWIRE) — Matador Technologies Inc. (“Matador” or the “Company”) (TSXV: MATA) is pleased to announce that the Company has acquired an additional 3.38 bitcoin for CAD$500,000 (USD$347,022). The 3.38 bitcoin was acquired at an average price of USD$102,703 per bitcoin, inclusive of fees and expenses. The Company intends to opportunistically acquire another USD$350,000 in Bitcoin in the near term. The acquisition of Bitcoin aligns with Matador’s long-term strategy to integrate Bitcoin as a core asset in its treasury and as the foundation for its forthcoming digital gold product. Key Highlights: Enhanced Bitcoin Holdings: With this latest acquisition, Matador now holds approximately 64.69 bitcoin (and Bitcoin equivalents), enhancing its corporate treasury and long-term capital preservation strategy. Strong...