October 3, 2023 11:42 am
ASSA ABLOY said on Tuesday that it had acquired Inovadoor Portas Industriais Ltda, a Brazil-based manufacturer of sectional and high-speed doors. Inovadoor Portas Industriais was established in 1997 and it currently employs about 100 people. The firm’s sales equaled about BRL 52 million (nearly SEK 100 million) for the full year 2022. The acquisition will […]
Read moreOctober 2, 2023 1:03 pm
Olin Corp, a global manufacturer and distributor of chemical products and a leading manufacturer of ammunition in the United States, said on Monday that it had finalized the previously announced acquisition of White Flyer Targets. The transaction was funded with cash on hand, Olin said. White Flyer will be combined with Olin Corp’s Winchester Ammunition […]
Read moreOctober 2, 2023 10:44 am
Spanish lender BBVA said on Monday that it would begin a EUR 1 billion share buyback programme. Up to 564.6 million outstanding shares will be bought on the stock market by September 2024, BBVA said in a stock market filing. Yet, the programme may be suspended at any time, the bank said. The share repurchase […]
Read moreSeptember 30, 2023 2:44 pm
The Halifax Group, a middle market private equity firm, said on Friday it had agreed to acquire the Worldwide Home Care division of Sodexo (“the Company”), including its home care subsidiaries in the US, the UK, Ireland, Brazil, France, Denmark, Norway and Sweden. Yet, the financial details of the acquisition remained undisclosed. Based in Irvine, […]
Read moreSeptember 29, 2023 6:29 am
Albemarle Corporation, a provider of essential elements for mobility, energy, connectivity and health, said this week it had signed agreements with Caterpillar Inc to collaborate on solutions to support the full circular battery value chain and sustainable mining operations. The collaboration is expected to help Albemarle establish Kings Mountain N.C. as the first-ever zero-emissions lithium […]
Read moreSeptember 28, 2023 6:19 am
Nucor Corporation said on Wednesday that it would collaborate with Helion, a fusion power company, to develop a 500 MW fusion power plant. The project is expected to provide baseload zero-carbon electricity from fusion directly to a Nucor steel-making facility. Nucor Corp said it would directly invest $35 million in Helion to speed up fusion […]
Read moreSeptember 27, 2023 12:31 pm
JPMorgan’s UK retail bank Chase has decided to prohibit crypto transactions conducted by clients from October 16th amid an increase in cases of fraud and scams, the lender announced this week. “We’ve seen an increase in the number of crypto scams targeting UK consumers, so we have taken the decision to prevent the purchase of […]
Read moreSeptember 27, 2023 6:10 am
Azenta Inc said on Tuesday that it had appointed Herman Cueto as its next Executive Vice President and Chief Financial Officer, effective October 16th. He will succeed Lindon Robertson, who is to retire and will remain as an advisor in order to facilitate a seamless transition. Most recently, Cueto was Senior Vice President of Finance […]
Read moreSeptember 26, 2023 12:05 pm
Air Canada has signed an agreement with Boeing Co to purchase 18 widebody 787 Dreamliner aircraft, as the air carrier seeks to deploy fuel-efficient jets amid robust travel demand. “The 787 is highly fuel efficient and will generate operational savings as well as support our sustainability goals of reducing emissions,” Air Canada’s Chief Executive Officer […]
Read moreSeptember 26, 2023 6:16 am
Standard Lithium Ltd, a near-commercial lithium company, said on Monday that it had appointed Salah Gamoudi as its next Chief Financial Officer, effective October 1st. As CFO, Gamoudi will navigate the firm’s financial strategy and lead its investor relations and market-facing activities, while focusing on the expansion of shareholder outreach, communication and value creation. Most […]
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