Blue Hill’s Inability to Address Questions About How It Would Pay for or Complete an Acquisition Further Adds to Uncertainty, Risk and Doubt About Its Preliminary Indication of Interest Territorial Reiterates Board’s Unanimous Recommendation that Shareholders Vote FOR Hope Bancorp Merger Visit www.TerritorialandHopeCombination.com for More Information HONOLULU, Oct. 09, 2024 (GLOBE NEWSWIRE) — Territorial Bancorp Inc. (NASDAQ: TBNK) (“Territorial”) issued the following statement regarding the presentation released today by Blue Hill Advisors (“Blue Hill”): For the fourth time, Blue Hill has failed to address questions that are fundamental in any bank M&A transaction – How will you pay for it? How will you obtain regulatory approval? How will you close it? What are the assurances that you can do all of the above? Blue Hill’s...

Dorr Capital Corporation, Gentai Capital Corporation, and ELM Developments Join Forces to Complete Failing Multi-Tower Project KITCHENER, Ontario, Oct. 09, 2024 (GLOBE NEWSWIRE) — Canadian mortgage lender Dorr Capital Corporation, ELM Developments, and BC’s Gentai Capital Corporation teamed up to acquire mid-rise condominium project from 1776411 Ontario Ltd. for approximately $75 million with hopes to aid the country’s housing crisis. Located at 1333 Weber Street East in Kitchener, Ontario, the proposed 4-tower Elevate project stands under construction to complete a 15 Storey Tower A & Tower B and 12 storey Tower C & D with a commercial component attached. The project was slated to bring 622 new homes to market by 2029, before facing a string of cost overruns and failing to service the loan in Canada’s rising interest...

BLOOM FRESH™ acquires the Inka’s Berries breeding programme, a pioneer in no-chill blueberry varieties LIMA, Peru, Oct. 09, 2024 (GLOBE NEWSWIRE) — BLOOM FRESH™, one of the world leading fruit-breeding organisations, announces the acquisition of the Inka’s Berries breeding program, further expanding its global footprint in the development of innovative, high-quality fruit varieties. This strategic acquisition marks a significant milestone in the BLOOM FRESH™ commitment to secure a tastier, healthier and more sustainable future, through the power of natural breeding, for growers, consumers and the planet. Inka’s Berries, founded in Peru, is a blueberry breeding program responsible for creating premium varieties such as Abril Blue+ and Alessia Blue+ together with an extensive pipeline of new blueberry selections...

LOS ANGELES, Oct. 09, 2024 (GLOBE NEWSWIRE) — Transom Capital Group (“Transom”) is pleased to announce the formation of Artivo Surfaces, the new parent company for Virginia Tile and Galleher. By consolidating these powerhouse brands under one umbrella, the new structure fosters collaboration, improves operational efficiency, and expands market reach while preserving each brand’s identity. This also strengthens financial stability and strategic flexibility, diversifying across various markets and industries. Galleher LLC, including its prior acquisition of Trinity Hardwood Flooring in Texas, is the largest floor covering distributor in the western United States and the third largest nationally, with 31 locations across 7 states. Galleher offers a comprehensive range of flooring solutions, including hardwood, luxury vinyl plank,...

Integrated solutions will enhance how companies manage their supply chain, combining product labeling with end-to-end, item-level traceability BELLEVUE, Wash. and BOCA RATON, Fla., Oct. 09, 2024 (GLOBE NEWSWIRE) — Seagull Software (“Seagull”, or the “Company”), the developer of BarTender®, a global leader in label management software, announced that it has combined with Mojix, a leader in item-level inventory management and traceability. The Company will revolutionize supply chain traceability by combining BarTender’s strength in labeling technology with Mojix’s real-time intelligence and data platform, creating a powerhouse in end-to-end supply chain management. The Company will leverage BarTender’s global customer base and value-added channel partner network with more than 250,000 customers across 175 countries to deliver innovative...

JBR Recovery Ltd (“JBR”) is one of only two UK companies accredited by the LBMA for the supply of ‘Good Delivery’ silver to the London Bullion Market Acquisition extends StoneX’s metals offering into sourcing and refiningNEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) — StoneX Group Inc. (“StoneX”; NASDAQ: SNEX), has today announced that one of its subsidiaries, StoneX Metals Limited, has completed its acquisition of JBR’s precious metal recovery and refinery business. The acquisition will deepen the StoneX group’s already market leading metals offering, by allowing it to own a significant part of the supply chain, as well as meet the growing global demand for recycled silver. JBR is a processor of materials containing silver, gold and other platinum group metals (PGM). It specialises in the reuse and recycling of secondary...

Cergy, 9 October 2024 – SPIE, the independent European leader in multi-technical services in the areas of energy and communications, announces the acquisition of 88% of Spefinox, an expert player in industrial processes for the agri-food, cosmetics and pharmaceuticals sectors. Founded in 1999 and based in Quiévrechain (Nord), Spefinox designs and manufactures specialised equipment for industrial processes. Thanks to this acquisition, SPIE strengthens its expertise in industrial processes in the agri-food, cosmetics and pharmaceuticals sectors within its French subsidiary SPIE Industrie. With approximately 25 qualified employees, Spefinox generated revenue of €6.6 million in 2023. Frédéric Toussaint, Managing Director of SPIE Industrie, said: “We are delighted to welcome new teams into SPIE Industrie in the Nord in France. Leveraging...

Discover the booming blood screening market from 2024 to 2031, as innovative technologies and rising health awareness drive demand across diverse product types and end users. This insightful analysis reveals key growth trends and regional dynamics shaping the future of diagnostics. Westford, USA, Oct. 09, 2024 (GLOBE NEWSWIRE) — Global Blood Screening Market size was valued at USD 3.30 Billion in 2023 to USD 6.33 Billion by 2031, at a CAGR of 8.50% during the forecast period (2024-2031). Blood screening is the process of screening donated blood. It is used to screen donated blood for HBV, HCV, HIV1, and HIV2. High market growth is driven by increased blood donations and increased incidence of infectious diseases, as well as government support. The World Health Organization reports that 118.54 million blood donations are collected...

The longstanding CME-certified conference increases MJH Life Sciences’ framework for novel educational experiences and expanded medical communications for ophthalmologists. CRANBURY, N.J., Oct. 09, 2024 (GLOBE NEWSWIRE) — MJH Life Sciences®, a leading provider of health care events, media and education, announced today its acquisition of the EnVision Summit, a premier certified continuing medical education (CME) conference for ophthalmologists, held annually in Puerto Rico. This acquisition supports one of MJH Life Sciences’ core pillars: Providing impactful educational experiences aimed at improving the care of patients. The EnVision Summit, known for blending innovative CME-certified education in ophthalmology with a first-class family experience, will be integrated into the MJH Life Sciences multichannel model. The summit will...

NEW YORK, Oct. 09, 2024 (GLOBE NEWSWIRE) — FE International, the award-winning strategic advisor for technology businesses, is pleased to announce the successful acquisition of DropFunnels, an all-in-one marketing solution, by OptionScout, a FinTech platform. From landing page creation to SEO optimization to sales tracking, DropFunnels was designed to help founders launch products faster. It’s easy-to-use and customizable, making it flexible to specific business needs—a feature Jordan Mederich, Founder, found lacking in other solutions. “It’s hard as a solo entrepreneur to launch your business very quickly and rapidly iterate to get you the results that you need,” said Mederich. “I decided that there had to be a better way. I wanted to build a sales and marketing tool that would allow anyone, from any background, to very...