Challenger Group

Fastfrate Group completes majority acquisition of Challenger Group

Retrieved on: 
Wednesday, August 3, 2022

TORONTO, Aug. 3, 2022 /PRNewswire/ - Fastfrate Group has officially completed its majority acquisition of Challenger Group following Competition Bureau Canada approval on August 2, 2022.

Key Points: 
  • TORONTO, Aug. 3, 2022 /PRNewswire/ - Fastfrate Group has officially completed its majority acquisition of Challenger Group following Competition Bureau Canada approval on August 2, 2022.
  • As part of the acquisition, Challenger Group will continue to operate independently under incoming CEO Jim Peeples.
  • Loopstra Nixon LLP acted as legal counsel and Ernst & Young Orenda Corporate Finance Inc. acted as financial advisor to Fastfrate Group.
  • Scotiabank and Whiteshell Advisory Inc. acted as financial advisors and Gowling WLG served as legal counsel to Challenger Group.

Leaf Group Appoints Kate Lowenstein as Senior Vice President, General Manager To Lead Well+Good and LIVESTRONG.com

Retrieved on: 
Thursday, June 2, 2022

As the former Global Editor-in-Chief of VICE.com, Lowenstein was responsible for overseeing VICEs editorial coverage around the world.

Key Points: 
  • As the former Global Editor-in-Chief of VICE.com, Lowenstein was responsible for overseeing VICEs editorial coverage around the world.
  • LIVESTRONG.com delivers trusted health, nutrition, and fitness information through its website and has a highly engaged social media community, The LIVESTRONG.com Challenge Group.
  • Kate will play a critical role in further propelling our leadership in these verticals, said Sean Moriarty, CEO of Leaf Group.
  • Ive long admired these brands role in bringing such vital topics to the forefront of the conversation, said Lowenstein.

The aviation sector adopts the logistics solutions of Trucknet Enterprise

Retrieved on: 
Monday, October 18, 2021

EILAT, Israel, Oct. 18, 2021 /PRNewswire/ -- Trucknet Enterprise (TASE: TRAN) is pleased to announce that it has signed a primary document of principles for initial cooperation with the Israeli airline company CAL Cargo Airlines Ltd., a subsidiary of the Challenge Group, for improving efficiency, reducing shipping costs, improving service as well as providing optimization for Last Mile Delivery and First Mile Delivery.

Key Points: 
  • Due to the global crisis in the transport sector, companies are looking for sustainable technological solutions to improve efficiency, reduce shipping costs and to improve services.
  • The platform developed by Trucknet is the only one in the world today that provides a solution for all these issues.
  • We anticipate that many companies will understand the significance of Trucknet's cooperation with CAL Cargo Airlines from the Challenge Group and will look for similar solutions.
  • The Challenge Group promotes the use of green technologies that improve logistics processes and reduce pollutants and carbon emissions, while enabling environmental solutions in addition to saving resources.

The aviation sector adopts the logistics solutions of Trucknet Enterprise

Retrieved on: 
Monday, October 18, 2021

Due to the global crisis in the transport sector, companies are looking for sustainable technological solutions to improve efficiency, reduce shipping costs and to improve services.

Key Points: 
  • Due to the global crisis in the transport sector, companies are looking for sustainable technological solutions to improve efficiency, reduce shipping costs and to improve services.
  • The platform developed by Trucknet is the only one in the world today that provides a solution for all these issues.
  • We anticipate that many companies will understand the significance of Trucknet's cooperation with CAL Cargo Airlines from the Challenge Group and will look for similar solutions.
  • The Challenge Group promotes the use of green technologies that improve logistics processes and reduce pollutants and carbon emissions, while enabling environmental solutions in addition to saving resources.