MONTRÉAL, Oct. 23, 2024 (GLOBE NEWSWIRE) — Canadian Net Real Estate Investment Trust (“Canadian Net” or the “Trust”) (TSX-V: NET.UN) is pleased to announce the acquisition of a grocery store property operated under the Sobeys banner in Truro, Nova Scotia. The total consideration paid was $9,000,000 (excluding transaction costs) and was settled in cash. “We are excited to announce the acquisition of a single-tenant grocery store, a strategic fit within our business model focused on high-quality, triple net and management-free assets,” said Kevin Henley, President and CEO. “This acquisition comes shortly after our announcement of recent dispositions, highlighting our ability to act swiftly in a dynamic market environment. We are seeing more opportunities emerge within our highly fragmented niche, alongside the advantages of lower...

Deal Expands Artivo’s Brand Portfolio and National Reach LIVONIA, Mich. and LOS ANGELES, Oct. 23, 2024 (GLOBE NEWSWIRE) — Artivo Surfaces, the Transom Capital-backed parent company of Virginia Tile, Galleher, and Trinity Hardwood, is acquiring Tom Duffy Company, a strategic move that significantly strengthens Artivo’s position as a market leader in the tile and flooring industry. With its extensive portfolio of installation materials, hardwood, luxury vinyl tile (LVT), and tile solutions, Tom Duffy brings valuable expertise and a diverse product offering to Artivo’s growing family of products and capabilities. “For over 70 years, Tom Duffy has earned its place as a trusted partner in the flooring industry,” said Sunil Palakodati, CEO of Artivo Surfaces. “This acquisition expands Artivo’s platform and strengthens our core capabilities....

PRESS RELEASE Paris – October 23, 2024 Bureau Veritas Acquires Aligned Incentives, an Enterprise Sustainability Planning Pioneer, Expanding its Global Sustainability Services with AI Powered Solutions Bureau Veritas, a global leader in testing, inspection, and certification services, today announced the acquisition of Aligned Incentives, an innovative provider of AI-powered sustainability planning solutions. This strategic move enhances Bureau Veritas’ capabilities in Scope 3 emissions analysis and life cycle assessment (LCA). Aligned Incentives is recognized for its top tier AI technology and deep expertise in sustainability metrics, positioning it at the forefront of the rapidly evolving field of sustainability impact assessment. This acquisition represents a pivotal step in Bureau Veritas’ LEAP | 28 strategy, establishing...

THIS ANNOUNCEMENT IS NOT AN OFFER, WHETHER DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OF AMERICA, AUSTRALIA, CANADA, HONG KONG, JAPAN, NEW ZEALAND, RUSSIA, SINGAPORE, OR SOUTH AFRICA OR IN ANY OTHER JURISDICTION WHERE SUCH OFFER PURSUANT TO LEGISLATION AND REGULATIONS IN SUCH RELEVANT JURISDICTION WOULD BE PROHIBITED BY APPLICABLE LAW. LEXINGTON, Ky., Oct. 23, 2024 (GLOBE NEWSWIRE) — Ventrifossa BidCo AG (the “Bidder”), a holding company controlled by MiddleGround Capital (“MiddleGround“) has secured 10.00 percent of all shares of STEMMER IMAGING AG (“STEMMER”; ISIN DE000A2G9MZ9 / GSIN A2G9MZ) in its voluntary public takeover offer for STEMMER (“Takeover Offer”). The additional acceptance period ended on October 18, 2024. In addition, the Bidder has signed a purchase agreement for approximately 69.36 percent of the...

Influenza Diagnostics Market will reach a value of USD 1.46 Billion by 2031, with a CAGR of 3.5% during the forecast period (2024-2031). Westford, USA, Oct. 23, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Influenza Diagnostics Market will reach a value of USD 1.46 Billion by 2031, with a CAGR of 3.5% during the forecast period (2024-2031). Advancements in molecular and biomedical technology have presented many tools and assays helpful in the detection and treatment of influenza infections. New technologies based on proteomics, such as microarray detection, and genomics, such as PCR, make it easier to develop new influenza viruses. In addition, they give the diagnostics market a chance for influenza diagnostics through them as they allow improved surveillance and faster detection of viral disorders. Furthermore, due to the...

Westford,USA, Oct. 23, 2024 (GLOBE NEWSWIRE) — Wealth Management Market size was valued at USD 3.75 billion in 2022 and is poised to grow from USD 4.27 billion in 2023 to USD 12.07 billion by 2031, growing at a CAGR of 13.9% in the forecast period (2024-2031). The demand for alternative assets such as hedge funds, commodities, private equity, REITS, and intellectual property has been increasing, and this is one of the major drivers for the global wealth management business. On the other hand, emergence of FinTechs or financial technology has hindered the wealth management business. The key benefits of wealth management include the creation of financial plans and the lessening of financial stress, and with the general acceptance of digitalized products within the industry, this tends to drive growth in the market. The market is...

Westford,USA, Oct. 23, 2024 (GLOBE NEWSWIRE) — Optical Transceiver Market size was valued at USD 10.82 billion in 2022 and is poised to grow from USD 12.06 billion in 2023 to USD 28.82 billion by 2031, growing at a CAGR of 11.5% during the forecast period (2024-2031). The rapid adoption of cloud computing, IoT devices, video streaming services, and deployments of the 5G network brought an exponential expansion in the amount of data in traffic. Thus, the optical transceiver market is expanding at a rapid rate. In addition to this, the rise in the global internet user base along with growing high-speed internet connectivity needs to fuel the adoption of optical transceiver modules. Furthermore, the market is growing owing to different technological developments in the optical transceiver modules such as compact form factor development,...

The Dimethyl Ether market is poised for significant growth, projected to expand from USD 4.46 billion in 2023 to USD 10.02 billion by 2031, reflecting a robust CAGR of 9.4%. Key drivers include diverse raw materials like natural gas and coal, alongside applications in transportation fuel, aerosol propellants, and LPG blending. This comprehensive analysis offers insights into regional dynamics and future trends, essential for stakeholders navigating this thriving industry. Westford, USA, Oct. 23, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that the Global Dimethyl Ether Market will reach a value of USD 10.02 Billion by 2031, with a CAGR of 9.4% during the forecast period (2024-2031). As an alternative to petroleum diesel, dimethyl ether fuel is inexpensive, low-carbon, and smokeless. Its ability to transfer hydrogen efficiently makes...

TORONTO, Oct. 23, 2024 (GLOBE NEWSWIRE) — ZenaTech, Inc. (Nasdaq: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone solutions and enterprise SaaS (Software-as-a-Service) solutions, today announced that it has entered into an agreement to acquire ZooOffice Inc., the holding company for software companies Jadian and DeskFlex, from ZenaTech’s former parent company. The acquisition of these two software companies will provide important compliance and inspection software as well as scheduling and mapping software that will be incorporated into ZenaTech’s ZenaDrone AI drone solutions. This transaction further expands ZenaTech’s portfolio of SaaS software solutions and customer base and is expected to add to recurring revenue in the government sector among others. The acquisition is...

Lumos Pharma and the FDA Align on Final Design for Global, Double-blinded, Placebo-Controlled Phase 3 Trial Evaluating Oral LUM-201 in PGHD AUSTIN, Texas, Oct. 23, 2024 (GLOBE NEWSWIRE) — Lumos Pharma, Inc. (NASDAQ:LUMO) (“Lumos Pharma” or the “Company”), a clinical stage biopharmaceutical company focused on therapeutics for rare diseases, announced today that the Company has entered into a definitive merger agreement, dated October 22, 2024 (the “Merger Agreement”) whereby Double Point Ventures LLC (“DPV”) will acquire 100% of Lumos Pharma’s outstanding shares of common stock for $4.25 per share in cash, plus one non-transferable, unsecured Contingent Value Right (“CVR”) per share payable on achievement of certain milestones (the “Offer”). Following a thorough review of financing and strategic alternatives, Lumos Pharma’s Board...