Spondyloarthropathy

EQS-News: Enapter AG receives largest single order from Europe to date for electrolyzer in the megawatt range

Retrieved on: 
Wednesday, April 10, 2024

Enapter supplies 3 MW electrolyzer to CFFT SpA, Italy

Key Points: 
  • Enapter supplies 3 MW electrolyzer to CFFT SpA, Italy
    Berlin, 26 March 2024: Enapter AG (ISIN: DE000A255G02) has received further orders for its megawatt-class electrolyzer.
  • Enapter will supply 3 multicore-class units, each with 1 MW, to the logistics company CFFT SpA.
  • The order from CFFT is the largest single order from Europe in Enapter's history to date.
  • In addition, F.i.l.m.s SpA - also from Italy - has ordered an Enapter electrolyzer in the multicore-class with 1 MW.

One Equity Partners Invests in Italian Agricultural Tractor Attachment Manufacturer CBM

Retrieved on: 
Wednesday, March 27, 2024

One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has made a minority investment in agricultural tractor attachment equipment maker CBM (“the Company”).

Key Points: 
  • One Equity Partners (“OEP”), a middle market private equity firm, today announced that it has made a minority investment in agricultural tractor attachment equipment maker CBM (“the Company”).
  • Founded in 1967 by the Cornia Family and headquartered in Modena, Italy, CBM is one of the leading global manufacturers of tractor attachment systems.
  • “We’re thrilled to be partnering with the Cornia Family who have built CBM into a global leader in the tractor attachment systems space,” said Joseph Huffsmith , Partner, One Equity Partners.
  • One Equity Partners received financial and tax advisory from KPMG, legal advisory from Freshfields, environmental, social and governance from Malk Partners, and transactional advisory from Eidos Partners.

Statement re Acciaierie d’Italia being placed into extraordinary administration

Retrieved on: 
Tuesday, February 20, 2024

Earlier today the Italian Government announced that it has placed Acciaierie d’Italia SpA (‘ADI’) into extraordinary administration subsequent to the request of Invitalia, thereby passing control of the company from its current shareholders, ArcelorMittal and Invitalia, to government appointed commissioners.

Key Points: 
  • Earlier today the Italian Government announced that it has placed Acciaierie d’Italia SpA (‘ADI’) into extraordinary administration subsequent to the request of Invitalia, thereby passing control of the company from its current shareholders, ArcelorMittal and Invitalia, to government appointed commissioners.
  • Since that time, ArcelorMittal has been fully committed to the people and assets of ADI - then known as Ilva - investing over €2 billion.
  • ADI also benefited from hundreds of millions of euros of credit through the provision of raw materials by ArcelorMittal.
  • For the people and communities of ADI, ArcelorMittal hopes that a future can be secured that will bring much needed stability.

The Santander Chile subsidiary Santander Consumer signs agreement to acquire Mundo Crédito's auto loan portfolio

Retrieved on: 
Monday, February 12, 2024

SANTIAGO, Chile, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile's (NYSE: BSAC) announced that its subsidiary Santander Consumer Finance will acquire Mundo Crédito in an operation for up to US$ 79 million.

Key Points: 
  • SANTIAGO, Chile, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Banco Santander Chile's (NYSE: BSAC) announced that its subsidiary Santander Consumer Finance will acquire Mundo Crédito in an operation for up to US$ 79 million.
  • The operation is subject to the approval of the National Economic Prosecutor's Office, the due diligence process and other usual conditions precedent.
  • According to what was reported in an Material Fact to the Financial Market Commission, once the aforementioned conditions are met, Santander Consumer will acquire automotive loans from Mundo Crédito that meet certain eligibility criteria.
  • Cristián Amar, CEO of Santander Consumer, pointed out that “we accompany people in their decisions that allow them to achieve greater well-being and better living conditions.

Golden Arrow Provides Update on Option Agreement at the San Pietro IOCG Project

Retrieved on: 
Friday, February 9, 2024

VANCOUVER, BC, Feb. 9, 2024 /PRNewswire/ - Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), ("Golden Arrow" or the "Company") is pleased to report on the status of the option granted to Sociedad de Servicios Andinos SpA ("SSA") in respect to the San Pietro project located in Chile (the "Transaction").

Key Points: 
  • VANCOUVER, BC, Feb. 9, 2024 /PRNewswire/ - Golden Arrow Resources Corporation (TSXV: GRG) (FSE: G6A) (OTCQB: GARWF), ("Golden Arrow" or the "Company") is pleased to report on the status of the option granted to Sociedad de Servicios Andinos SpA ("SSA") in respect to the San Pietro project located in Chile (the "Transaction").
  • As previously announced on January 12, 2024 (the "Initial Press Release"), New Golden Explorations Chile SpA ("NGE"), a wholly-owned subsidiary of the Company, granted SSA the option (the "Option") to subscribe for 333 shares in the capital of NGE (each, a "Share"), equivalent to approximately 25% of the issued and outstanding Shares upon exercise of the Option, subject to the terms and conditions of an option agreement (the "Option Agreement").
  • SSA continues to satisfy its obligations to exercise the Option, which includes making the first of six bi-monthly Option payments of US$333,333 to NGE on February 8, 2024.
  • Completing the Option exercise remains subject to the final approval of the TSXV and SSA performing the remainder of its obligations under the Option Agreement, as more particularly described in the Initial Press Release.

IDEX Reports Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Tuesday, February 6, 2024

Fourth quarter 2023 orders of $753.9 million reflected a 6% decrease compared with the prior year period (-10% organic, +3% acquisitions/divestitures and +1% foreign currency translation).

Key Points: 
  • Fourth quarter 2023 orders of $753.9 million reflected a 6% decrease compared with the prior year period (-10% organic, +3% acquisitions/divestitures and +1% foreign currency translation).
  • Fourth quarter 2023 net income attributable to IDEX decreased $21.4 million to $108.6 million, which resulted in diluted EPS attributable to IDEX of $1.43 per share, a decrease of $0.28 per share, or 16%, from the prior year period.
  • Fourth quarter 2023 net income margin of 13.7% decreased 230 basis points compared with the prior year period.
  • Fourth quarter 2023 free cash flow was $179.4 million, up 22% compared with the prior year period and constituted 129% of adjusted net income attributable to IDEX, while full year 2023 free cash flow of $626.8 million, up 28% compared with 2022, constituted 101% of adjusted net income attributable to IDEX.

MERMEC and Hitachi Rail sign put option agreement for sale of signaling systems in France, Germany, and the UK

Retrieved on: 
Tuesday, January 30, 2024

ROME, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Hitachi Rail and MERMEC SpA have signed a put option agreement for the sale of mainline signaling activities in France and signaling companies in Germany and the United Kingdom. Last October, the European Commission and the UK’s Competition and Markets Authority (CMA) approved Hitachi Rail's acquisition of Thales GTS, with the condition that Hitachi Rail divests its mainline signaling activities in France, Germany, and the UK. The put option agreement with MERMEC marks a significant advancement in meeting the compliance requirements set by antitrust authorities to conclude the acquisition of Thales GTS by Hitachi Rail.

Key Points: 
  • ROME, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Hitachi Rail and MERMEC SpA have signed a put option agreement for the sale of mainline signaling activities in France and signaling companies in Germany and the United Kingdom.
  • Last October, the European Commission and the UK’s Competition and Markets Authority (CMA) approved Hitachi Rail's acquisition of Thales GTS, with the condition that Hitachi Rail divests its mainline signaling activities in France, Germany, and the UK.
  • The put option agreement with MERMEC marks a significant advancement in meeting the compliance requirements set by antitrust authorities to conclude the acquisition of Thales GTS by Hitachi Rail.
  • "Today, we have reached a crucial milestone towards the final acquisition of Thales GTS, a cornerstone of our growth strategy," stated Giuseppe Marino, Group CEO of Hitachi Rail.

Autoimmune Disease and Pregnancy: ISB Study Challenges Prevailing Wisdom, Unveils Nuances

Retrieved on: 
Wednesday, January 31, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240131144327/en/
    In a just-published study in the journal Lancet eClinical Health , researchers at the Institute for Systems Biology (ISB) and Providence showed nuanced pregnancy outcomes for pregnant individuals with autoimmune disease.
  • Each type of autoimmune disease is different, each person has their own medical history, and risk may change over the course of pregnancy.
  • This study highlights the importance of taking comorbidities into consideration,” said ISB Associate Professor Jennifer Hadlock, MD , who led the study.
  • “These results can help reshape discussions surrounding autoimmune disease and pregnancy, and bring fresh perspective to a traditionally understudied area in research,” Hadlock said.

Bending Spoons finalizes acquisition of U.S.-based community-building platform, Meetup, and announces $50,000 Community Fund

Retrieved on: 
Wednesday, January 24, 2024

Today, Italian technology company Bending Spoons announced the completion of its acquisition of the renowned US-based community-building platform, Meetup.

Key Points: 
  • Today, Italian technology company Bending Spoons announced the completion of its acquisition of the renowned US-based community-building platform, Meetup.
  • Several products in the Bending Spoons portfolio, which includes Remini, Splice, and Evernote, are among the most popular in their segments.
  • Bending Spoons intends to leverage its powerful proprietary technologies and expertise to ensure a bright future for Meetup.
  • To mark the acquisition and further the Meetup mission, Bending Spoons has also announced the Meetup Community Fund.

Harris extends its presence in Latin America with the acquisition of Modyo, leaders in Composable Frontend Solutions

Retrieved on: 
Wednesday, January 3, 2024

Modyo develops software to design and manage the end-user digital experience for leading organizations across Latin America.

Key Points: 
  • Modyo develops software to design and manage the end-user digital experience for leading organizations across Latin America.
  • Modyo’s secure and feature-rich platform accelerates the development of tailored customer journeys and provides for transaction scalability.
  • Leading financial institutions and large enterprises trust Modyo’s technology to deliver the most innovative solutions, in an agile way.
  • As one of Canada’s largest software companies, Harris’ international presence, technology portfolio and financial resources will augment Modyo’s value proposition to clients and strategic partners.