Economy of the United Kingdom

DGAP-News: DEMIRE Deutsche Mittelstand Real Estate AG sells office complex in Ansbach for approximately EUR 18 million

Wednesday, May 5, 2021 - 7:00am

b'The issuer is solely responsible for the content of this announcement.\n- Sale proceeds exceed latest valuations, value added through successful asset management\nLangen / Ansbach, 05.05.2021: DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has sold an office complex in Ansbach, Bavaria, for approximately EUR 18 million.

Key Points: 
  • b'The issuer is solely responsible for the content of this announcement.\n- Sale proceeds exceed latest valuations, value added through successful asset management\nLangen / Ansbach, 05.05.2021: DEMIRE Deutsche Mittelstand Real Estate AG (ISIN: DE000A0XFSF0) has sold an office complex in Ansbach, Bavaria, for approximately EUR 18 million.
  • The former Telekom property in Ansbach was acquired in October 2015.
  • Built in 1988, the property has a total lettable space of around 12,600 sqm and 200 car parking slots.
  • "\nDEMIRE Deutsche Mittelstand Real Estate AG acquires and holds commercial real estate in mid-sized cities and up-and-coming locations bordering metropolitan areas across German.

JCB and GB Prime Pay announce partnership to expand online merchant network in Thailand

Tuesday, April 27, 2021 - 4:00am

This JCB-GBP partnership responds to our intention to further expand and meet the growing demand on online business.\nGlobal Prime Corporation Co., Ltd. or GB Prime Pay is a payment service provider operating under Payment Systems Act B.E.

Key Points: 
  • This JCB-GBP partnership responds to our intention to further expand and meet the growing demand on online business.\nGlobal Prime Corporation Co., Ltd. or GB Prime Pay is a payment service provider operating under Payment Systems Act B.E.
  • GB Prime Pay was established with our vision of solving and facilitating the limitation of electronic payment in the present time.
  • JCB Cards are now issued in over 20 countries and territories, with more than 140 million Cardmembers.
  • As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide.

Kineco Kaman Named BAE Systems Gold Supplier and C4ISR Supplier of the Year

Monday, April 26, 2021 - 10:00pm

b'Kaman Corporation (NYSE:KAMN) announced today that Kineco Kaman Composites India Private Limited (Kineco Kaman), a joint venture between Goa based Kineco Limited and Kaman Corporation, received the BAE Systems Partner 2 Win Supplier of the Year Award for Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance Systems (C4ISR) for exceptional performance and contributions to supply chain success in 2020 for BAE Systems, Inc.\xe2\x80\x99s Electronic Systems sector.

Key Points: 
  • b'Kaman Corporation (NYSE:KAMN) announced today that Kineco Kaman Composites India Private Limited (Kineco Kaman), a joint venture between Goa based Kineco Limited and Kaman Corporation, received the BAE Systems Partner 2 Win Supplier of the Year Award for Command, Control, Communications, Computers, Intelligence, Surveillance and Reconnaissance Systems (C4ISR) for exceptional performance and contributions to supply chain success in 2020 for BAE Systems, Inc.\xe2\x80\x99s Electronic Systems sector.
  • Kineco Kaman also received a Gold Supplier award for maintaining a 100% on-time delivery rating & 100% quality performance in 2020 with BAE Systems.
  • Kineco Kaman was honored at a virtual ceremony and was selected from BAE System\xe2\x80\x99s 2020 suppliers.\n\xe2\x80\x9cThe team at Kineco Kaman is excited to receive this extraordinary dual recognition from BAE Systems.
  • These awards are a testament to our successful collaboration with BAE Systems, our most esteemed customer\xe2\x80\x9d said Shekhar Sardessai, Managing Director of Kineco Kaman, \xe2\x80\x9cWe deeply appreciate BAE\xe2\x80\x99s recognition.\xe2\x80\x9d\n\xe2\x80\x9cIt is an absolute honor to receive both these awards.

Duncan Tatton-Brown to Join Cazoo Board

Thursday, April 15, 2021 - 1:00pm

View the full release here: https://www.businesswire.com/news/home/20210415005155/en/\nDuncan was most recently Chief Financial Officer of Ocado Group Plc from 2012 until 2020 where he remains a Senior Advisor to the Board.

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210415005155/en/\nDuncan was most recently Chief Financial Officer of Ocado Group Plc from 2012 until 2020 where he remains a Senior Advisor to the Board.
  • Prior to joining Ocado, he has held the Chief Financial Officer roles at Fitness First Plc, Kingfisher Plc, B&Q Plc and Virgin Entertainment Group.\nDuncan will become Senior Independent Director and Audit Committee Chair at Cazoo.
  • He currently serves on the Board of Trainline Plc and was formerly a Non-Executive Director at ZPG Plc and Rentokil Initial Plc.
  • Already the leading online car retailer in the UK, Cazoo is also Europe\xe2\x80\x99s leading car subscription player with over 6,000 subscribers across the UK, France and Germany.\nAlex Chesterman OBE, Founder & CEO of Cazoo said, \xe2\x80\x9cI am delighted that Duncan will be joining the Cazoo Board once we become listed on the NYSE.

Outlook on the Agricultural Sprayer Global Market - The Industry is Expected to Reach $8.6+ Billion in 2026

Monday, April 12, 2021 - 5:45pm

This model was equipped with the JCB Powershift transmission, with a 163hp engine by Cummins, and was a compact-sized self-propelled agricultural sprayer.

Key Points: 
  • This model was equipped with the JCB Powershift transmission, with a 163hp engine by Cummins, and was a compact-sized self-propelled agricultural sprayer.
  • On the basis of application, the market has been distributed into field sprayers, gardening sprayers, and orchard sprayers.
  • The players in the global agricultural sprayers market are implementing various growth strategies to gain a competitive ad-vantage over their competitors in this market.
  • Major market players in the market have been covered along with their relative competitive strategies and the report also mentions recent deals and investments of different market players over the last few years.

West Fraser Timber Co. Ltd. - Notice of First Quarter Results Conference Call

Thursday, April 8, 2021 - 10:01pm

VANCOUVER, BC, April 8, 2021 /PRNewswire/ -West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) will hold an analysts' conference call to discuss first quarter 2021 financial and operating results on Friday, May 7, 2021 at 8:30a.m.

Key Points: 
  • VANCOUVER, BC, April 8, 2021 /PRNewswire/ -West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) will hold an analysts' conference call to discuss first quarter 2021 financial and operating results on Friday, May 7, 2021 at 8:30a.m.
  • Please let the operator know you wish to participate in the West Fraser conference call chaired by Mr. Ray Ferris, President and Chief Executive Officer.
  • West Fraser's first quarter 2021 financial and operating results will be released on Thursday, May 6, 2021.
  • West Fraser is a diversified wood products company with more than 60 facilities in Canada, the United States, the United Kingdom, and Europe.

DGAP-News: AURELIUS acquires SSE Contracting

Thursday, April 1, 2021 - 4:03pm

- AURELIUS acquires SSE Contracting Limited, a leading multi-disciplinary mechanical and electrical contracting business, from SSE Plc, in its latest complex carve-out transaction

Key Points: 
  • - AURELIUS acquires SSE Contracting Limited, a leading multi-disciplinary mechanical and electrical contracting business, from SSE Plc, in its latest complex carve-out transaction
    - As a standalone business SSE Contracting is one of the UK and Ireland's biggest contracting businesses, providing mechanical, electrical, rail, street lighting and high voltage services
    - AURELIUS operational experts and SSE management will work to ensure minimal disruption for all SSE Contracting employees, its customers, suppliers and industry partners
    Munich/London, April 1, 2021 - AURELIUS today announces the acquisition of SSE Contracting Limited ("SSEC") from SSE Plc in a complex carve-out of the multi-disciplinary Mechanical and Electrical ("M&E") contracting business for an enterprise value of 27.5 million.
  • The transaction is executed by AURELIUS Equity Opportunities SE & Co. KGaA (ISIN: DE000A0JK2A8) and will be funded jointly with co-investing AURELIUS entities.
  • As other sellers before, SSE recognised AURELIUS to be the partner of choice to execute the divestment of a promising business unit, establishing SSE Contracting as a standalone business so it can fully take advantage of new growth opportunities.
  • AURELIUS look forward to supporting SSE Contracting as it moves into the next stage of growth, capitalising on new opportunities and additional infrastructure spending expected in the post COVID-19 recovery."

BAE Systems Awarded $21 Million Contract by the UK Ministry of Defence for Aircraft Survivability Equipment Support and Sustainment

Wednesday, March 31, 2021 - 3:00pm

BAE Systems has received a $21 million contract from the United Kingdoms Ministry of Defence to support the Common Missile Warning System (CMWS) over the next four-and-a-half years.

Key Points: 
  • BAE Systems has received a $21 million contract from the United Kingdoms Ministry of Defence to support the Common Missile Warning System (CMWS) over the next four-and-a-half years.
  • Photo credit: UK Ministry of Defence
    This contract ensures the continued support and sustainment of CMWS systems on various UK aircraft platforms.
  • The UK Ministry of Defence has been a key partner on CMWS for decades, said Christopher Austin, BAE Systems director of Threat Detection Solutions.
  • CMWS, developed by BAE Systems, integrates hostile fire indication, missile warning, and countermeasure coordination capabilities into one system and is used on a variety of UK rotary-wing and fixed-wing aircraft.

Early Warning Release

Thursday, March 18, 2021 - 10:56pm

In particular, the forward-looking statements contained in this news release include statements referring to future changes in Brookfields investment in the West Fraser Shares, which may in turn depend upon the future trading price of the West Fraser Shares and West Frasers future business and financial condition and prospects, among other factors.

Key Points: 
  • In particular, the forward-looking statements contained in this news release include statements referring to future changes in Brookfields investment in the West Fraser Shares, which may in turn depend upon the future trading price of the West Fraser Shares and West Frasers future business and financial condition and prospects, among other factors.
  • We caution that the foregoing list of important factors that may affect future results is not exhaustive and other factors could also adversely affect results.
  • Readers are urged to consider the foregoing risks, as well as other uncertainties, factors and assumptions carefully in evaluating the forward-looking information and are cautioned not to place undue reliance on such forward-looking information.
  • Except as required by law, Brookfield undertakes no obligation to publicly update or revise any forward-looking statements or information, whether written or oral, that may be as a result of new information, future events or otherwise.

Shelly O’Neill Stoneman to Lead Government Relations for BAE Systems, Inc.

Thursday, March 11, 2021 - 2:30pm

BAE Systems has named Shelly ONeill Stoneman to become the Senior Vice President for Government Relations, effective April 17, 2021.

Key Points: 
  • BAE Systems has named Shelly ONeill Stoneman to become the Senior Vice President for Government Relations, effective April 17, 2021.
  • View the full release here: https://www.businesswire.com/news/home/20210311005600/en/
    In her new role, Shelly O'Neill Stoneman will assume responsibility for all government relations activities for BAE Systems, Inc. (Photo: BAE Systems)
    In her new role, Stoneman will assume responsibility for all government relations activities for the company, overseeing BAE Systems, Inc.s relationships with members of Congress, the Department of Defense and other Executive branch organizations, as well as state government leaders.
  • Stoneman will report to BAE Systems, Inc. president and CEO Tom Arseneault, and serve as a member of the Inc. senior leadership team.
  • Shelly is currently the companys vice president for Executive Branch and International Government Relations, serving as BAE Systems, Inc.s primary liaison to the Pentagon, State Department, Intelligence Community, and the White House.