MONTREAL, Sept. 09, 2024 (GLOBE NEWSWIRE) — WSP Global Inc. (TSX: WSP) (“WSP” or the “Corporation”) is pleased to announce that the shareholders of POWER Engineers, Incorporated (“POWER”) voted at their special meeting of shareholders in favour of the proposal to approve the previously announced acquisition of POWER by WSP (the “Acquisition”) pursuant to an agreement and plan of merger dated as of August 12, 2024 between WSP and POWER, among others. The Acquisition received overwhelming support from POWER shareholders and was approved by over 99% of POWER shares voted at the special meeting, representing approximately 99% of the total issued and outstanding shares of POWER voted in favour of the Acquisition. This step marks an important milestone towards welcoming the POWER team to WSP. Closing of the Acquisition remains subject...

Bateau Asset Management brings to SMC Entertainment:Foundational acquisition into International Financial Services Sector Well-established client base of high-net-worth individuals Four global investment funds Experienced global client services team based in Australia and Singapore Research and advisory capabilities complementary to SMC Entertainment Fintech platformBOCA RATON, Fla., Sept. 09, 2024 (GLOBE NEWSWIRE) — SMC Entertainment, Inc. (“SMC” or the “Company”) (OTC PINK: SMCE), a Fintech incubator company focused on acquisition and support of commercialized services and technology (Fintech) companies, is pleased to announce that it has entered into a Letter of intent (“LOI”) to acquire a 100% interest in Australia-based Bateau Asset Management, a boutique global investment manager (“Bateau”). The...

LOS ANGELES, Sept. 09, 2024 (GLOBE NEWSWIRE) — PodcastOne (NASDAQ: PODC), a leading on demand pure play podcast platform offering a 360-degree turnkey solution, including content creation, brand integration and distribution, announced today the appointment of Steve Lehman as its Vice Chairman, focusing on helping PodcastOne drive both organic and inorganic growth opportunities, as well as advising PodcastOne’s senior management with regard to PodcastOne’s mergers and acquisitions efforts and overall strategy and increasing its shareholder value. Lehman will leverage his extensive background in business and finance having headed both Nasdaq and NYSE companies, as well as start-up businesses in the media, entertainment, and tech industries. “We are pleased to welcome Steve Lehman to PodcastOne. His unique knowledge of content and...

Adds SaaS-native, AI-powered, document-centric collaboration platform to its robust enterprise software portfolio and continues to execute its Total Growth Strategy BURLINGTON, Mass., Sept. 09, 2024 (GLOBE NEWSWIRE) — Progress (Nasdaq: PRGS), the trusted provider of AI-powered infrastructure software, today announced it has entered into a definitive agreement to acquire ShareFile, a business unit of Cloud Software Group, Inc., providing SaaS-native, AI-powered, document-centric collaboration, focusing on industry segments including business and professional services, financial services, healthcare and construction. “Businesses today need to enhance their effectiveness in serving customers, while continuously streamlining their operations to drive efficiency, security and compliance,” said Yogesh Gupta, CEO of Progress. “ShareFile...

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 KEYWORDS STUDIOS PLC(d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree: N/A(e)   Date position...

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: Man Group PLC(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 International Paper Company(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...

Except where otherwise noted, all currency amounts are stated in United States dollars.Unique opportunity to acquire world-scale producing methanol assets with access to robust North American natural gas feedstock Aligns with Methanex’s strategic priorities and value-creation strategy Acquisition expected to be immediately accretive to free cash flow per share OCI to hold a 13 percent ownership interest upon closingVANCOUVER, British Columbia, Sept. 08, 2024 (GLOBE NEWSWIRE) — Methanex Corporation (“Methanex” or the “Company”) (TSX:MX) (NASDAQ:MEOH) announced today that it has entered into a definitive agreement to acquire OCI Global’s (“OCI”) international methanol business for $2.05 billion. The transaction includes OCI’s interest in two world-scale methanol facilities in Beaumont, Texas, one of which also produces ammonia....

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES (Note: All dollar amounts in this news release are expressed in U.S. dollars, except as otherwise noted). TORONTO, Sept. 06, 2024 (GLOBE NEWSWIRE) — Fairfax India Holdings Corporation (“Fairfax India” or the “Company”) (TSX: FIH.U) announces that, through its wholly-owned subsidiary, it has entered into an agreement to invest INR 6,955 million (approximately $83 million at current exchange rates) for a 65.0% interest in Global Aluminium Private Limited (“Global Aluminium”). The transaction is subject to customary closing conditions and is expected to close in the fourth quarter of 2024. Global Aluminium is the third-largest aluminum extrusions manufacturer in India with in-house capabilities to produce anodized and powder-coated aluminum products....

Saint-Cloud, 6 September 2024 – Elis confirms it has made a preliminary approach to Vestis regarding a potential acquisition. Elis regularly considers a range of strategic opportunities. There can be no assurance that these discussions will result in the signing of a transaction or other agreement. Any transaction, should one be agreed, would be in line with Elis’ commitments to its shareholders, namely:Financial discipline in terms of the amount paid for the acquisition; Retain investment grade rating and leverage of c. 2.2x adjusted EBITDA in Year 1 and c. 2.0x in Year 2; Acquisition accretive to EPS in Year 1.About Elis As the leader in circular services, thanks to a rental-maintenance model optimized by traceability technologies, Elis innovates every day. In its 30 countries, Elis meets the needs of its customers in terms of...

EEW Renewables Ltd (“EEW” or the “Company”) is a global utility-scale renewable energy project developer across Europe and Australia with expertise across Solar PV, Battery Energy Storage System (“BESS”), and Green Hydrogen. Europe and Australia remain strong markets for renewable projects given the relatively low cost of installation, ease of grid connectivity, and attractive electricity rates. EEW has an established 12-year track record developing ~1.5 GW of renewable energy projects with compelling growth supported by a 9 GW project pipeline. EEW has a unique opportunity to evolve from a pure play developer into an independent power producer (“IPP”), attracting recurring revenue and attractive return on invested capital with the long-term goal of achieving IPP multiples in the public markets. The proposed transaction values EEW at...