EEA

Alvotech Announces Expected Global Market Entry Dates for AVT04 Biosimilar to Stelara® (ustekinumab)

Retrieved on: 
Thursday, February 15, 2024
National health insurance, Food, Johnson & Johnson, European Economic Area, Biosimilar, Patient, EEA, Stada Arzneimittel, SPC

Market applications for AVT04 are currently pending in additional global markets, including in the U.S.

Key Points: 
  • Market applications for AVT04 are currently pending in additional global markets, including in the U.S.
    Market entry of AVT04 in Canada is expected in Q1 2024.
  • Market authorization for AVT04 in Japan is held by Alvotech’s commercial partner Fuji Pharma Co. Ltd., where the biosimilar will be marketed as Ustekinumab BS (F).
  • Alvotech’s commercial partner and market authorization holder for AVT04 in Canada is JAMP Pharma Group, where the biosimilar will be marketed as Jamteki®.
  • In the EEA, Alvotech’s commercial partner and market authorization holder for AVT04 is STADA Arzneimittel AG, where the trade name for AVT04 will be Uzpruvo®.

Global and China New Energy Vehicle Electric Drive and Power Domain Industry Research Report 2023 Featuring 6 International Powertrain Controller and Solution Suppliers and 11 Chinese Suppliers - ResearchAndMarkets.com

Retrieved on: 
Thursday, February 15, 2024
Alternative Energy, Energy, EV, Electric Vehicles, Automotive, Écu, RTE, Architecture, OEM, VMD, ECU, SOA, UDS, Original equipment manufacturer, BYD, VCU, Great Wall Motor, NIO, ZF, Communication, BMS, BorgWarner, FOTA, MCU, Geely, EEA, Huawei, Volkswagen, Nidec, PCB, Software, Video game

The "New Energy Vehicle Electric Drive and Power Domain Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "New Energy Vehicle Electric Drive and Power Domain Industry Report, 2023" report has been added to ResearchAndMarkets.com's offering.
  • Electric drive and power domain research: electric drive assembly evolves to integration and domain control
    To follow the development trend for electrified and lightweight vehicles, new energy vehicle electric drive assembles tend to be highly integrated.
  • DCU3000, a vehicle power domain controller launched by Tianjin Yidingfeng Powertrain, integrates control functions such as VCU, BMS, and thermal management.
  • 1.1 Mainstream Electric Drive Integration Solution: Three-in-one
    1.2 Future Electric Drive Integration Trend: All-in-one Deep Integration
    4.2 China Passenger Car Power Domain Controller Market Size, 2022-2025E

Verizon announces tender offers for five series of debt securities of Verizon

Retrieved on: 
Wednesday, February 14, 2024
J.P. Morgan & Co., Expiration, Person, Gross metropolitan product, BNP Paribas, Clearstream, Settlement date, Date, Information, Judgement, Participation, EEA, Priority, Settlement, FSMA, Holder, Maxima and minima, Deutsche Bank, Barclays, Financial services, Telephone, European Economic Area, Communication, G.992.3, Finance, Acceptance, Security (finance)

The Offers are not conditioned on any minimum amount of Notes being tendered, and none of the Offers is conditioned on the consummation of any of the other Offers.

Key Points: 
  • The Offers are not conditioned on any minimum amount of Notes being tendered, and none of the Offers is conditioned on the consummation of any of the other Offers.
  • If Verizon increases the Maximum Principal Amount, it does not expect to extend the Withdrawal Date, subject to applicable law.
  • Kroll Issuer Services Limited will act as the Tender Agent and the Information Agent for the Offers.
  • In this communication Verizon has made forward-looking statements, including regarding the conduct and completion of the Offers.

Results of Fundraising

Retrieved on: 
Tuesday, February 13, 2024
Person, Sale, Consultant, Indian stock exchange, ISK, Reproduction, FX, Disclosure, AIM, The Act, Order, EEA, Fundraising, FSMA, London Stock Exchange, Prospectus, Financial services, Trustee, Central bank, TSX, Nature, Republic, Finance, Financial adviser

Such restrictions shall not apply to any Fundraising Shares acquired outside of Canada.

Key Points: 
  • Such restrictions shall not apply to any Fundraising Shares acquired outside of Canada.
  • This Announcement does not constitute a recommendation concerning any investor's options with respect to the UK Placing or any part of the Fundraising.
  • The Fundraising Shares to be issued pursuant to the Fundraising will not be admitted to trading on any stock exchange other than AIM, the TSX-V and Nasdaq Iceland’s main market.
  • The actual results, performance or achievements of the Company or developments in the industry in which the Company operates may differ materially from the future results, performance or achievements or industry developments expressed or implied by the forward-looking statements contained in this Announcement.

The EBA publishes follow-up on the Peer Review on the Joint ESAs Guidelines on the prudential assessment of the acquisition of qualifying holdings

Retrieved on: 
Tuesday, February 13, 2024
Acquisition, EBA, Peer review, European, Particular, EEA, CAS, CRD, Joint

The EBA publishes follow-up on the Peer Review on the Joint ESAs Guidelines on the prudential assessment of the acquisition of qualifying holdings

Key Points: 
  • The EBA publishes follow-up on the Peer Review on the Joint ESAs Guidelines on the prudential assessment of the acquisition of qualifying holdings
    The European Banking Authority (EBA) today published a follow-up to the EBA 2021 peer review report on the application of the Joint ESAs Guidelines on the prudential assessment of the acquisition of qualifying holdings.
  • The follow-up report focuses on the 17 competent authorities assessed as having at least one supervisory benchmark which was not ‘fully applied’ in the 2021 Report.
  • All 17 CAs were found to have responded to the assessment of the initial peer review seriously and most have adopted measures to remedy the deficiencies identified.
  • The peer review has been performed by an ad hoc Peer Review Committee made up of EBA and competent authorities’ staff in accordance with the EBA peer review work plan for 2023-2024 and following the process in Article 30 of the EBA Regulation and EBA peer review methodology.

Statement Regarding Press Speculation

Retrieved on: 
Sunday, February 11, 2024
Person, Sale, Consultant, Indian stock exchange, Reproduction, Disclosure, AIM, The Act, Order, EEA, Fundraising, FSMA, London Stock Exchange, Prospectus, Financial services, Trustee, Central bank, TSX, Nature, Republic, Finance, Financial adviser

No public offering of securities is being made in the United States, Iceland, Australia, Canada, South Africa, Japan or elsewhere.

Key Points: 
  • No public offering of securities is being made in the United States, Iceland, Australia, Canada, South Africa, Japan or elsewhere.
  • Persons receiving this Announcement are required to inform themselves about and to observe any restrictions contained in this Announcement.
  • Persons distributing any part of this Announcement must satisfy themselves that it is lawful to do so.
  • The forward-looking statements contained in this Announcement speak only as at the date of this Announcement.

Equinor to commence first tranche of the 2024 share buy-back programme

Retrieved on: 
Wednesday, February 7, 2024
Security (finance), Oslo Stock Exchange, USD, EEA, Disclosure, Capital market, NOK, EQNR, State

Equinor (OSE: EQNR, NYSE: EQNR) will on 8 February 2024 commence the first tranche of up to USD 1.2 billion of the share buy-back programme for 2024, as announced at the Capital Market Update 7 February 2024.

Key Points: 
  • Equinor (OSE: EQNR, NYSE: EQNR) will on 8 February 2024 commence the first tranche of up to USD 1.2 billion of the share buy-back programme for 2024, as announced at the Capital Market Update 7 February 2024.
  • Equinor announces a two-year share buy-back programme of total USD 10-12 billion for 2024-2025, with up to USD 6 billion for 2024, including shares to be redeemed from the Norwegian State.
  • The purpose of the share buy-back programme is to reduce the issued share capital of the company.
  • Further information about the share buy-back programme and the first tranche:
    The first tranche of the share buy-back programme for 2024 is based on an authorisation granted to the board of directors at the annual general meeting of the company held on 10 May 2023.

European Medicines Agency (EMA) and Federation of Veterinarians of Europe (FVE) info session on the UPD public portal, Online, European Medicines Agency, Amsterdam, the Netherlands, from 21 February 2024, 15:00 (CET) to 21 February 2024, 16:30 (CET)

Retrieved on: 
Sunday, February 4, 2024
Veterinary medicine, Veterinarian, FVE, Location, EEA, Agency

During 2023, the website underwent a major transformation following feedback from key users, including veterinarians.

Key Points: 
  • During 2023, the website underwent a major transformation following feedback from key users, including veterinarians.
  • An improved version, with enhanced search functionality and other features improving usability for animal health practitioners, was launched on 30 January 2024.
  • This event, oriented towards animal health practitioners, will include a presentation of the portal’s benefits, functionalities and improvements.
  • Registered participants will be able to follow a demonstration of the basic functionalities of the veterinary information website, including search functions and product comparison.

ESAs recommend steps to enhance the monitoring of BigTechs’ financial services activities

Retrieved on: 
Saturday, February 3, 2024
Social media, EIOPA, Report, Insurance, EBA, ESMA, EEA, Software, ESA, Fintech, Internet, Civil service commission, Cryptocurrency

ESAs recommend steps to enhance the monitoring of BigTechs’ financial services activities

Key Points: 
  • ESAs recommend steps to enhance the monitoring of BigTechs’ financial services activities
    The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published a Report setting out the results of a stocktake of BigTech direct financial services provision in the EU.
  • The Report identifies the types of financial services currently carried out by BigTechs in the EU pursuant to EU licences and highlights inherent opportunities, risks, regulatory and supervisory challenges.
  • The ESAs will continue to strengthen the monitoring of the relevance of BigTech in the EU financial services sector, including via the establishment of a new monitoring matrix.
  • However, the ESAs have yet to observe their presence in the market for securities services.

KRONOS WORLDWIDE ANNOUNCES EXCHANGE OFFER AND CONSENT SOLICITATION

Retrieved on: 
Tuesday, January 23, 2024
Senior, EEA, Amendment, Settlement, Central European Time, Exchange offer, Date, Sale, Exchange, Regulation, Consent, Old, Expiration, Note, Security (finance)

(2)    Per €1,000 principal amount of Old Notes validly offered for exchange (and not validly withdrawn) and accepted for exchange in the Exchange Offer, exclusive of any accrued and unpaid interest, which will be paid in cash.

Key Points: 
  • (2)    Per €1,000 principal amount of Old Notes validly offered for exchange (and not validly withdrawn) and accepted for exchange in the Exchange Offer, exclusive of any accrued and unpaid interest, which will be paid in cash.
  • In conjunction with the Exchange Offer, the Issuer is soliciting consents (the “Consent Solicitation”) from eligible holders participating in the Exchange Offer to effect certain proposed amendments (the “Proposed Amendments”) to the indenture governing the Old Notes (the “Existing Indenture”), which will conform the restrictive covenants in the Existing Indenture to the restrictive covenants of the New Notes.
  • Eligible holders who validly tender their Old Notes in the Exchange Offer (unless validly withdrawn) will be deemed to have submitted consents pursuant to the Consent Solicitation.
  • The Exchange Offer and Consent Solicitation will expire at 5:00 p.m., Central European Time, on February 21, 2024 (unless extended).