Joint venture

TransGlobal Assets Inc. Ventures into Pet Health Industry through Strategic Joint Venture

Retrieved on: 
Thursday, March 21, 2024
Health, Joint venture, Longevity, Pet, Partnership, Patient, Yoga, Sale, Acupuncture, Nature, Outline of health sciences, LP record, OTC, Skin, Massage, Marketing, 3D printing

This Joint Venture agreement outlines a strategic collaboration focused on marketing and distributing new key products from Better Pets.

Key Points: 
  • This Joint Venture agreement outlines a strategic collaboration focused on marketing and distributing new key products from Better Pets.
  • Under the terms of the agreement, TransGlobal Assets Inc.'s subsidiary, Better Health Sciences Inc., will spearhead the marketing and distribution efforts, leveraging both existing and new channels to reach a wider audience.
  • In return, revenues generated from the sale of Better Pets products will be shared on a 60/40 basis, with 60% going to Better Health Sciences, Inc.
  • Ilya Strashun, the CEO of TransGlobal Assets Inc., states “This strategic collaboration not only expands TransGlobal Assets Inc.'s portfolio but also underscores our dedication to promoting the health and wellbeing of pets everywhere.

Alvotech Reports Financial Results for Full Year 2023 and Provides a Business Update

Retrieved on: 
Wednesday, March 20, 2024
Joint venture, Patient, Sale, Business analyst, CCHN, IP, Marketing, Research, Mallinckrodt, Absorption, European Economic Area, Gross metropolitan product, Webcast, Asset, Alvogen, Denosumab, Neovascularization, Biosimilar, Macular degeneration, Safety, Food, U.S. FDA, Teva Pharmaceuticals, Revenue, Q3, CES, AMD, FDA, ISK, Administration, Adalimumab, Research and development, Pharmaceutical industry

Management will conduct a business update conference all and live webcast on March 21, 2024 at 8:00 am ET (12:00 pm GMT).

Key Points: 
  • Management will conduct a business update conference all and live webcast on March 21, 2024 at 8:00 am ET (12:00 pm GMT).
  • Alvotech announced positive top-line results from a pharmacokinetic (PK) study for AVT05, a biosimilar candidate to Simponi® and Simponi Aria® (golimumab).
  • Alvotech announced positive top-line results from a PK study for AVT03, a biosimilar candidate to Prolia® and Xgeva®, which both contain denosumab.
  • Alvotech will conduct a business update conference call and live webcast on Thursday, March 21, 2024, at 8:00 am ET (12:00 pm GMT).

Portman Ridge Finance Corporation Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Wednesday, March 13, 2024
Joint Ventures, CLO, Certified Public Accountant, AQR Capital, University, PwC, Central Florida, Credit control, Joint venture, Policy, NAV, Par, Controller, Treasurer, American Institute, Investment, NII, Share repurchase, Total, Cryptocurrency

NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Reports Strong Year-Over-Year Performance with Total Investment Income of $76.3 Million, an Increase of 9.6% and Net Investment Income of $34.8 Million
    NEW YORK, March 13, 2024 (GLOBE NEWSWIRE) -- Portman Ridge Finance Corporation (Nasdaq: PTMN) (the “Company” or “Portman Ridge”) announced today its financial results for the fourth quarter and full year ended December 31, 2023.
  • Total investment income for the fourth quarter of 2023 was $17.8 million, a decrease of $0.8 million as compared to $18.6 million for the fourth quarter of 2022 and a decrease of $0.8 million as compared to $18.6 million for the third quarter of 2023.
  • Core investment income1, excluding the impact of purchase price accounting, for the fourth quarter of 2023 was $17.7 million, unchanged from the fourth quarter of 2022 and a decrease of $0.6 million as compared to $18.3 million for the third quarter of 2023.
  • The increase in NII in the fourth quarter of 2023 was the result of a one-time expense reimbursement from the Company’s investment adviser.

Beyond New Horizons Secures $3.7 Billion U.S. Air Force Test Operations and Sustainment (TOS) II Contract

Retrieved on: 
Monday, March 25, 2024
Hardware, Contracts, White House, Federal Government, Security, Aerospace, Data Management, Manufacturing, Technology, Other Policy Issues, Nanotechnology, Defense, Congressional News, Views, Public Policy, Government, Other Technology, Software, Networks, Joint venture, JV, BNH, AEDC, Wind, United States Air Force, Arnold Engineering Development Complex, Air cargo

Today Beyond New Horizons, LLC (BNH) announced it has been awarded the U.S. Air Force Test Operations and Sustainment (TOS) II contract valued at more than 3.7 billion dollars.

Key Points: 
  • Today Beyond New Horizons, LLC (BNH) announced it has been awarded the U.S. Air Force Test Operations and Sustainment (TOS) II contract valued at more than 3.7 billion dollars.
  • BNH is a Joint Venture (JV) between Astrion and Fluor specializing in testing and evaluation for military and space systems.
  • BNH will carry out test operations, technology development, equipment and facility sustainment, and capital improvements to ensure the continuity of the Arnold Engineering Development Complex (AEDC) ground test mission.
  • "Together, we are revolutionizing aerospace ground testing and sustainment operations, ultimately enhancing U.S. Air Force systems for years to come."

Australia Selects BAE Systems and ASC to Build Sovereign Nuclear Powered Submarines

Retrieved on: 
Thursday, March 21, 2024
Defense, Maritime, Transport, Energy, Government Technology, Nuclear, Other Defense, AUKUS, Employment, Government, Joint venture, Royal Navy, ASC Pty Ltd, News, Rolls-Royce, ASC, Atmosphere, Intellectual property, Multimedia, BAE Systems, Arms industry

The Australian Government has selected BAE Systems and ASC Pty Ltd to build Australia's new fleet of nuclear powered submarines in the latest significant development in the AUKUS trilateral security pact between the United States, the United Kingdom and Australia.

Key Points: 
  • The Australian Government has selected BAE Systems and ASC Pty Ltd to build Australia's new fleet of nuclear powered submarines in the latest significant development in the AUKUS trilateral security pact between the United States, the United Kingdom and Australia.
  • View the full release here: https://www.businesswire.com/news/home/20240321327876/en/
    A computer generated image of SSN-AUKUS which will be built for Australia by BAE Systems and ASC Pty Ltd (Photo: Business Wire)
    Australian Deputy Prime Minister, Richard Marles, and UK Defence Secretary, Grant Shapps, announced the news in Australia, marking the next step in the pathway for Australia to build and operate its own nuclear powered submarines.
  • BAE Systems and ASC Pty Ltd will now bring together their complementary skills, expertise and capabilities under a collaborative arrangement in Australia, ultimately leading to the establishment of a long-term, incorporated Joint Venture.
  • The involvement of BAE Systems in Australia ensures an integral connection between the SSN-AUKUS design led by BAE Systems in the UK and the development and maturation of the Australian build strategy.

Redwood Trust and CPP Investments Announce $750 Million Strategic Capital Partnership

Retrieved on: 
Tuesday, March 19, 2024
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Banking, CPP Investment Board, Joint venture, Growth, Partnership, Housing, Investment, Multimedia

Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, and Canada Pension Plan Investment Board (“CPP Investments”), through subsidiaries of CPPIB Credit Investments Inc., today announced a $750 million strategic capital partnership.

Key Points: 
  • Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, and Canada Pension Plan Investment Board (“CPP Investments”), through subsidiaries of CPPIB Credit Investments Inc., today announced a $750 million strategic capital partnership.
  • View the full release here: https://www.businesswire.com/news/home/20240319990631/en/
    The partnership consists of a newly formed $500 million Asset Joint Venture and a $250 million corporate secured financing facility that CPP Investments is providing to Redwood.
  • Together, CPP Investments and Redwood will contribute up to $500 million of equity to the Joint Venture, with an anticipated split of 80% from CPP Investments and 20% from Redwood.
  • “We are thrilled to announce this strategic partnership with CPP Investments, whose experienced team sees the power of Redwood’s franchise and the financial assets we procure,” said Christopher Abate, Chief Executive Officer of Redwood.

Capella Sells Savant Gold Project to Prospector Metals

Retrieved on: 
Thursday, April 4, 2024
Joint venture, TSX Venture Exchange, University, Gold, FRA, Sale, News, NSR, PPP, Metallurgy, Society, Snowbird, CAD, Prospector, Uranium mining

VANCOUVER, BC, April 4, 2024 /PRNewswire/ - Capella Minerals Ltd (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) ("Capella" or the "Company") is pleased to announce that it has entered in to a Property Acquisition Agreement with Prospector Metals Corp. (TSXV: PPP) ("Prospector") through which Prospector will acquire a 100% interest in the Savant Gold Project in Ontario, Canada.

Key Points: 
  • VANCOUVER, BC, April 4, 2024 /PRNewswire/ - Capella Minerals Ltd (TSXV: CMIL) (OTCQB: CMILF) (FRA: N7D2) ("Capella" or the "Company") is pleased to announce that it has entered in to a Property Acquisition Agreement with Prospector Metals Corp. (TSXV: PPP) ("Prospector") through which Prospector will acquire a 100% interest in the Savant Gold Project in Ontario, Canada.
  • Prospector has been exploring the Savant Gold Project through an Earn-In Agreement announced in September, 2020, and has defined a number of high-grade gold targets from work conducted within both the extensive Iron Formation sequences (e.g.
  • Eric Roth, Capella's President and CEO, commented: "The sale of the Savant Gold Project to our Joint Venture partner Prospector is consistent with our flagged strategy of exiting our precious metals projects in the Americas and focusing on our Scandinavian copper, gold, and battery metal projects.
  • Whilst we have relinquished our direct interest in the Savant Gold Project, we strongly believe in the potential for new high-grade gold discoveries on the property and Capella shareholders will retain upside to all future exploration success through both the Prospector shareholding and the NSR from potential future production.

Zoetic Global and Trident Global Holdings Forge Strategic Joint Venture to Deliver Sustainable Solutions to the Asian Market

Retrieved on: 
Monday, March 25, 2024
Trident, Partnership, Carbon, Climate change, Joint venture, COP28, Mining, Renewable energy

This partnership heralds a shared commitment to amplify sustainability efforts throughout the Asian market, with South Korea as the anchor for the region.

Key Points: 
  • This partnership heralds a shared commitment to amplify sustainability efforts throughout the Asian market, with South Korea as the anchor for the region.
  • "We are excited to embark on this transformative journey with Zoetic Global," exclaimed Chairman Yun Jong Hyeog, Chairman of Trident Global Holdings.
  • "Our alliance with Trident Global represents a significant stride toward realizing our collective vision of a greener, more sustainable future.
  • Trident Global and Zoetic are prepared to deliver solutions throughout Asia and establishing manufacturing and distribution facilities," said Zoetic Global Chief Executive Officer Avery Hong.

Zoetic Global and Trident Global Holdings Forge Strategic Joint Venture to Deliver Sustainable Solutions to the Asian Market

Retrieved on: 
Friday, March 22, 2024
Trident, Partnership, Carbon, Climate change, Joint venture, COP28, Mining, Renewable energy

This partnership heralds a shared commitment to amplify sustainability efforts throughout the Asian market, with South Korea as the anchor for the region.

Key Points: 
  • This partnership heralds a shared commitment to amplify sustainability efforts throughout the Asian market, with South Korea as the anchor for the region.
  • "We are excited to embark on this transformative journey with Zoetic Global," exclaimed Chairman Yun Jong Hyeog, Chairman of Trident Global Holdings.
  • "Our alliance with Trident Global represents a significant stride toward realizing our collective vision of a greener, more sustainable future.
  • Trident Global and Zoetic are prepared to deliver solutions throughout Asia and establishing manufacturing and distribution facilities," said Zoetic Global Chief Executive Officer Avery Hong.

LIGA Highlights Significant Achievements in 2024 and Presents a Forecast for the Upcoming Year

Retrieved on: 
Wednesday, March 6, 2024
Joint Ventures, African-American Music Appreciation Month, Summer, Moon, Joint venture, Marketing, News, LIGA, Renewable energy, OTC Markets Group, Catalog, Photography, Billboard (magazine), NFT, Telecommunications, Music, Housing, Partnership

https://bullioninc.net

Key Points: 
  • https://bullioninc.net
    Joint Ventures: The collaboration between the Company and Hollywall Entertainment led to the launch of Ailiance, which can be found at https://ailiance.net .
  • This Joint Venture was established with the goal of creating new revenue streams from their music assets.
  • This strategic approach will obviate the necessity of divesting shares in our company, thereby safeguarding the value of our shareholders.
  • Additionally, we retain the prerogative to acquire other companies as they arise and allocate funds towards repurchasing our own stock.