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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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Alpha FMC completes acquisition of White Marble Consulting

LONDON, Sept. 05, 2024 (GLOBE NEWSWIRE) — Alpha Financial Markets Consulting (“Alpha”), a leading global provider of specialist consulting services to the financial services industry, has acquired White Marble Consulting (“White Marble”), a specialist marketing consultancy firm to asset management, wealth management and alternatives clients. The full management team of White Marble will be joining the Alpha Group as part of the transaction. Founded in London in 2014 by Twink Field, White Marble has a team of 28 industry specialists across the UK and North America. White Marble brings a very strong track record of delivering marketing services to asset management, wealth management and alternatives clients, and a highly complementary client base. The addition of White Marble extends the Group’s specialist sector-focussed offering,...

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Enerpac Tool Group Announces Acquisition of DTA

MILWAUKEE, Sept. 05, 2024 (GLOBE NEWSWIRE) — Enerpac Tool Group Corp. (NYSE: EPAC) (“Enerpac” or the “Company”) announced today that it completed the acquisition of Madrid, Spain-based DTA The Smart Move, S.A. (“DTA”), a global leader in the industrial heavy loads transportation industry, designing and manufacturing mobile robotic solutions. The purchase price is €24 million plus potential for a three-year earn-out tied to the achievement of certain financial objectives. The purchase price will be funded with a combination of cash on hand and borrowings from the Company’s credit facility. The acquisition of DTA advances Enerpac Tool Group’s pure-play industrial tools and solutions strategy by adding automated on-site horizontal movement products to its Heavy Lifting Technology (HLT) portfolio and capitalizes on the trend towards...

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Seafood Market to Gain USD 564.98 Billion by 2031 | SkyQuest Technology

Westford, USA, Sept. 05, 2024 (GLOBE NEWSWIRE) — SkyQuest projects that Global Seafood Market will attain a value of USD 564.98 Billion by 2031, with a CAGR of 6.52% during the forecast period (2024-2031). Growth in this industry is expected to be significantly influenced by the development of travel and hospitality sectors. This is because they help promote and serve seafood dishes to tourists and travellers. Seafood is usually a conspicuous part on menus in restaurants, hotels, resorts, cruise ships and other venues because of the demand for fish products coming from travellers seeking for unique culinary adventure. Download a detailed overview: https://www.skyquestt.com/sample-request/seafood-market Browse in-depth TOC on the ” Seafood Market “Pages – 165 Tables – 100 Figures – 77Seafood Market Overview:Report...

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