SP

GE Vernova–MYTILINEOS Consortium Awarded £1bn Contract to Construct the UK’s First High-Capacity East Coast Subsea Link

Retrieved on: 
Tuesday, December 12, 2023

Specifically, the GE Vernova–MYTILINEOS consortium was selected to supply and construct two High-Voltage Direct Current (HVDC) converter stations for Eastern Green Link 1 (EGL1), a joint venture between National Grid Electricity Transmission and SP Transmission.

Key Points: 
  • Specifically, the GE Vernova–MYTILINEOS consortium was selected to supply and construct two High-Voltage Direct Current (HVDC) converter stations for Eastern Green Link 1 (EGL1), a joint venture between National Grid Electricity Transmission and SP Transmission.
  • HVDC provides the most efficient and reliable means of transmitting large amounts of power long distances subsea.
  • "Together with our consortium partner MYTILINEOS, we are honored to have been awarded the HVDC contract for EGL1, one of the UK’s largest ever transmission projects.
  • EGL1 is a key part of the new network infrastructure in supporting UK’s efforts for decarbonization and security of supply.

Arco to Provide Supplemental Materials for Extraordinary General Meeting of Shareholders

Retrieved on: 
Thursday, November 16, 2023

The Company began mailing the notice and proxy statement relating to the EGM (collectively, the “Proxy Statement”) on or about November 10, 2023.

Key Points: 
  • The Company began mailing the notice and proxy statement relating to the EGM (collectively, the “Proxy Statement”) on or about November 10, 2023.
  • 2 at the EGM, was inadvertently omitted from the Proxy Statement as mailed to the Company’s shareholders.
  • The Surviving Company Amended and Restated Memorandum and Articles of Association can be accessed in Arco’s website ( https://investor.arcoplatform.com/financials/others/ ) or by clicking here .
  • 2, or concerning any other matter related to the EGM, should contact the Company’s Investor Relations Department at [email protected] .

SP NUTRACEUTICALS ENTERS NEXT CHAPTER OF BUSINESS GROWTH WITH NEW INVESTMENT PARTNER, CHOPRAX VENTURES, AND APPOINTMENT OF NEW CEO AND BOARD OF DIRECTORS

Retrieved on: 
Tuesday, December 5, 2023

BURLINGTON, ON, Dec. 5, 2023 /PRNewswire/ -- Today, SP Nutraceuticals announced a strategic partnership and equity agreement with ChopraX Ventures, led by its renowned clinician and Chairman Dr. Deepak Chopra, a pioneer at the forefront of medicine for the past 50 years. Simultaneously, SP Nutraceuticals announced a new slate of senior leadership and advisory members, including the appointment of Darren Contardo, current President of the company, as the new Chief Executive Officer, effective as of November 6, 2024. Darren will retain the President title. SP Nutraceuticals' flagship brand Metavo offers a suite of metabolism products which aim to support metabolic health.

Key Points: 
  • SP Nutraceuticals' flagship brand Metavo offers a suite of metabolism products which aim to support metabolic health.
  • "We are excited to collaborate with SP Nutraceuticals and actively pursue breakthrough innovations in metabolic health," said David Lubotta, Managing Partner of ChopraX Ventures.
  • "I am honored to step into the position of CEO of SP Nutraceuticals in this exciting phase of growth," said Darren Contardo, CEO of SP Nutraceuticals.
  • New board members include:
    Trevor Clarke, former CEO of SP Nutraceuticals, will now serve as the Executive Director and Corporate Secretary.

Graduated Cylinder Market to grow by USD 534.46 million from 2023 to 2028; North America to account for 40% of market growth- Technavio

Retrieved on: 
Thursday, November 16, 2023

NEW YORK, Nov. 16, 2023 /PRNewswire/ -- The graduated cylinder market is expected to grow by USD 534.46 million from 2023 to 2028.

Key Points: 
  • NEW YORK, Nov. 16, 2023 /PRNewswire/ -- The graduated cylinder market is expected to grow by USD 534.46 million from 2023 to 2028.
  • The market is segmented by product (borosilicate graduated cylinder, glass graduated cylinder, and plastic graduated cylinder), end-user (laboratories, hospitals and clinics, research and development centers, and others), and geography (North America, Europe, Asia, and Rest of World (ROW)).
  • North America is estimated to contribute 40% to the growth of the global market during the forecast period.
  • Growth of the graduated cylinder market across North America, Europe, Asia, and ROW
    Comprehensive analysis of factors that will challenge the growth of graduated cylinder market companies.

SP Publishes Design for Recycling Guidance for Automotive Expendable Packaging

Retrieved on: 
Thursday, November 16, 2023

The guidance document is designed to provide straightforward industry-supported guidance to help automakers and their suppliers identify opportunities to design and source sustainable packaging designs for use in expendable packaging applications.

Key Points: 
  • The guidance document is designed to provide straightforward industry-supported guidance to help automakers and their suppliers identify opportunities to design and source sustainable packaging designs for use in expendable packaging applications.
  • Expendable packaging may also be used for international shipping and as backup for returnable packaging in automotive operations, when needed.
  • The SP Sustainable Packaging Work Group recommends that the sustainable packaging strategies outlined in the guidance document be reviewed within automotive companies' packaging design and sourcing considerations, where appropriate, and distributed widely across the automotive supply chain as best practice guidance.
  • "The SP Sustainable Packaging Work Group's mission is to provide a platform for companies from across the automotive packaging value chain to collaborate to minimize automotive packaging waste and seek to address barriers to packaging recyclability and/or reuse, and this new guidance is a solid example of the outputs of those collaborative discussions.

SMOKY MOUNTAINS' NEWEST ATTRACTION HIGHLIGHTS OCEAN LIFE LIKE NEVER BEFORE

Retrieved on: 
Monday, November 13, 2023

SEVIERVILLE, Tenn., Nov. 13, 2023 /PRNewswire/ -- XPERIA: Ocean Journey is set to open Winter 2023 in Sevierville, Tennessee and promises to offer guests a deep dive into the enchanting world of marine life. This all-digital, sensory-engaging voyage through the ocean is the first-of-its-kind in the area.

Key Points: 
  • Located in the popular Great Smoky Mountains destination, XPERIA: Ocean Journey delivers a unique blend of entertainment, education, and natural wonder - making it a must-see attraction for locals and visitors alike.
  • "We are absolutely thrilled to bring XPERIA: Ocean Journey to the Great Smoky Mountains area," says general manager Summer Blalock.
  • Created and managed by SP Immersive Entertainment, XPERIA: Ocean Journey is an exceptional endeavor brought to life by distinguished audio and video designers from around the globe.
  • For more information about XPERIA: Ocean Journey, ticket prices, and opening hours, please visit https://www.xperiaupclose.com/ .

AscellaHealth Ranked Number 231 Fastest-Growing Company in North America on the 2023 Deloitte Technology Fast 500™

Retrieved on: 
Wednesday, November 8, 2023

AscellaHealth , a global healthcare and specialty pharmacy (SP) solutions company, today announced it ranked 231 on the Deloitte Technology Fast 500 ™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year.

Key Points: 
  • AscellaHealth , a global healthcare and specialty pharmacy (SP) solutions company, today announced it ranked 231 on the Deloitte Technology Fast 500 ™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 29th year.
  • “While software and services and life sciences continue to dominate the top 10, we are encouraged to see other categories making their mark.
  • “Over the nearly 30 years we’ve been compiling the Technology Fast 500, we’ve seen new categories emerge, growth rates explode, and certain regional markets shine from the bright talent they attract.
  • We are proud of all the winners for achieving this well-deserved honor.”

Arco to Hold Extraordinary General Meeting of Shareholders

Retrieved on: 
Tuesday, November 7, 2023

Shareholders of record at the close of business in the Cayman Islands on November 7, 2023 will be entitled to attend and vote at the EGM and any adjournment thereof.

Key Points: 
  • Shareholders of record at the close of business in the Cayman Islands on November 7, 2023 will be entitled to attend and vote at the EGM and any adjournment thereof.
  • INVESTORS AND SHAREHOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE SCHEDULE 13E-3 AND OTHER MATERIALS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, THE MERGER AND RELATED MATTERS.
  • The Company and certain of its directors and executive officers may, under SEC rules, be deemed to be “participants” in the solicitation of proxies from the shareholders with respect to the proposed Merger.
  • Information regarding the persons who may be considered “participants” in the solicitation of proxies is set forth in the Schedule 13E-3.

SP Manufacturing expands into the United States

Retrieved on: 
Wednesday, November 8, 2023

SAN DIEGO, Calif., Nov. 7, 2023 /PRNewswire/ -- SP Manufacturing, a leader in electronic manufacturing services for mission-critical industries, announced today the opening of its new Design and Development Center in the United States.

Key Points: 
  • With the capabilities and location of its new center, SP Manufacturing can collaborate more closely than ever with customers onshore in the United States, and support the entire product lifecycle from design to mass production at its global manufacturing sites in Indonesia, Malaysia, China, Germany and Poland.
  • "We're delighted to expand into the United States, where so many of our leading customers are located.
  • Launching the new center, SP Manufacturing CEO, Philip Ong, said "we're happy to unlock the next evolution of SP Manufacturing as a global manufacturing platform for mission-critical industries.
  • We can now deliver our manufacturing expertise in medical, industrial and automotive electronics manufacturing across the entire product lifecycle, around the world.

ALERT: The M&A Class Action Firm Continues Investigating the Merger – PCTI, SP, FNCB, SCU

Retrieved on: 
Friday, November 3, 2023

Under the terms of the agreement, PCTI shareholders will receive $7.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, PCTI shareholders will receive $7.00 in cash per share they own.
  • Under the terms of the agreement, FNCB shareholders are expected to receive 0.1460 shares of Peoples per share they own.
  • Sculptor Capital Management Inc. (NYSE: SCU ), relating to its proposed sale to Rithm Capital Corp.
  • Under the terms of the agreement, Class A SCU shareholders are expected to receive $11.15 in cash per share they own.