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EEW Renewables, a Global Renewable Energy Developer, and Compass Digital Acquisition Corp. Announce Definitive Business Combination Agreement

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...

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Psyence Biomed Announces the Signing of a Conditional Binding Term Sheet for the Acquisition of Psilocybin-Based Drug Developer Clairvoyant

Clairvoyant currently executing a fully randomized multi-country Phase IIb clinical trial evaluating a synthetic psilocybin candidate as a potential therapeutic for Alcohol Use Disorder (AUD) Topline data from the ongoing Phase IIb AUD study anticipated in early 2025 NEW YORK, Sept. 06, 2024 (GLOBE NEWSWIRE) — Psyence Biomedical Ltd. (Nasdaq: PBM) (“Psyence Biomed” or the “Company”) today announced that the Company has entered into a conditional binding term sheet with privately-held Clairvoyant Therapeutics Inc (“Clairvoyant”), a clinical-stage developer of psilocybin-based therapeutics based in Canada, for the proposed acquisition by Psyence Biomed of 100% of the shareholdings of Clairvoyant (the “Proposed Acquisition”). As consideration for the Proposed Acquisition, Psyence Biomed will issue US$500,000 of the Company’s common...

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Aricoma acquires Luxembourg-based developers Neofacto, continuing its westward expansion

PRAGUE and LUXEMBOURG, Sept. 06, 2024 (GLOBE NEWSWIRE) — Aricoma, a Czech leader in enterprise IT and part of the KKCG investment group, has acquired Luxembourg-based Neofacto. The company develops software for the European Investment Bank (EIB) and financial institutions in Luxembourg. Neofacto was founded in Luxembourg in 2000. It employs around eighty people. It provides a range of software services for financial institutions in Europe, in particular the European Investment Bank. These include API programming & integration between applications, web design (front- and backend, dB management), mobile app development and testing, DevOps (technical tools and training), business analytics, testing, and blockchain and AI services. “The acquisition of Neofacto is a logical step for us. It strengthens our work for the European...

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Andretti Acquisition Corp. II Announces the Pricing of $200,000,000 Initial Public Offering

New York, NY , Sept. 05, 2024 (GLOBE NEWSWIRE) — Andretti Acquisition Corp. II (the “Company”) announced today the pricing of its initial public offering of 20,000,000 units at a price of $10.00 per unit. The units are expected to be listed on The Nasdaq Stock Market LLC (“Nasdaq”) and begin trading tomorrow, September 6, 2024, under the ticker symbol “POLEU.” Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed...

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PIMCO Canada Announces Mergers of Certain Closed-end Funds

TORONTO, Sept. 05, 2024 (GLOBE NEWSWIRE) — PIMCO Canada Corp. (“PIMCO Canada”) today announced its intention to merge three of its existing closed-end funds, PIMCO Tactical Income Fund (TSX: PTI), PIMCO Tactical Income Opportunities Fund (TSX: PTO) and PIMCO Multi-Sector Income Fund (TSX: PIX) (collectively, the “Existing Funds”) into a new closed-end fund that will be created for this purpose. PIMCO Canada expects that the new combined fund may benefit from larger economies of scale and increased liquidity in the secondary market. Based on its current understanding of applicable tax laws and regulations, PIMCO Canada expects that the mergers will be a taxable event for unitholders. More detailed disclosure regarding the income tax considerations of the mergers will be in the information circular that will be available at a later...

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Integrated Power Services Acquires B&B Transformer

Oil-filled, Distribution Class Transformer Expertise & Voltage Regulator Repair Services Added to IPS’s Growing Power Management BusinessB&B Transformer was acquired by Integrated Power Services (IPS), effective August 13, 2024.The new B&B Transformer logo now includes the phrase, “AN IPS COMPANY.”Greenville, SC, Sept. 05, 2024 (GLOBE NEWSWIRE) — Integrated Power Services (IPS), a leading solutions provider for electromechanical, rotating equipment, and power distribution systems across North America, the United Kingdom, and the Caribbean, is pleased to announce the acquisition of B&B Transformer, a well-established remanufacturer of oil-filled, distribution class transformers, located in Farmington, MN, effective August 13, 2024. “This strategic acquisition strengthens IPS’s power...

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Berlin Packaging expands to Japan with the acquisition of Nissho Jitsugyo

Acquisition expands the company’s local footprint in Asia-Pacific and offers exciting new packaging solutions to customers worldwide CHICAGO, Sept. 05, 2024 (GLOBE NEWSWIRE) — Berlin Packaging, the world’s largest Hybrid Packaging Supplier®, announced today the acquisition of Nissho Jitsugyo Co., Ltd. (“Nissho”), a leading supplier of packaging products and services to diverse markets and regions across Japan. Founded in 1965 in Osaka, Japan, Nissho offers a broad portfolio of packaging solutions to a diverse base of Japanese customers in local food & beverage, beauty, personal care, and healthcare markets. Built on 60 years of operational expertise and deep market knowledge, Nissho serves thousands of local customers from multiple locations across eastern, western, and southern Japan. Nissho’s impressive suite...

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Simulated Environment Concepts, Inc. Executes a Letter of Intent (LOI) Concerning a Prospective Merger With CMR Construction & Roofing, LLC, Recognized as One of the Leading Roofing Firms in North America

NASHVILLE, TN, Sept. 05, 2024 (GLOBE NEWSWIRE) — Simulated Environment Concepts, Inc. (OTC: SMEV or Simulated) and CMR Construction & Roofing LLC (referred to as “CMR”) are pleased to announce the execution of a Letter of Intent (LOI) targeted at Strategic Business Combination potentially merging Simulated with CMR, one of the Top 10 roofing companies in the country. The objective of this proposed merger is to establish a diversified construction company focused on enhancing shareholder value through investments in and acquisitions of innovative construction businesses that prioritize responsible risk management and provide practical solutions to global challenges in the construction and roofing industries.  Further, this merger targets to incorporate an enhanced business model that includes increased revenues...

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Compass UOL Announces New Start-up Team

The company welcomes Todd Perrine as Head of Start-up and SMB Sales in the U.S. and Canada SAN FRANCISCO, Sept. 05, 2024 (GLOBE NEWSWIRE) — Compass UOL, a member of AI/R, the AI/Revolution Group, announced that it has created a new Start-up and Small and Medium Business (SMB) sales team in the U.S. with the acquisition of OakRocket and Dao Jensen as President of Compass UOL AWS Business Unit in the U.S., to expand its presence in the North American market, particularly within the Amazon Web Services (AWS) ecosystem. The team’s objective is to collaborate closely with Compass UOL’s AWS Alliance, Marketing, and Pre-Sales teams to drive significant revenue growth and solidify the company’s leadership position in generative AI solutions to the Startup and SMB market. “We are advancing with the Compass UOL’s go-to-market...

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Invesco Ltd: Form 8.3 – REA Group Ltd; Public Dealing Disclosure

FORM 8.3 PUBLIC DEALING DISCLOSURE BYA 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: Invesco Ltd.  (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 REA Group Ltd  (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 disclosure, state the latest practicable date prior to...

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