URUGUAY

Holcim to acquire Tensolite

Retrieved on: 
Wednesday, April 10, 2024
Plant, Construction, Acquisition

Holcim has signed an agreement to acquire Tensolite, a leading manufacturer of innovative precast and pre-stressed concrete construction systems with $22 million of net sales in 2023 and a strong presence in fast-growing Latin American markets.

Key Points: 
  • Holcim has signed an agreement to acquire Tensolite, a leading manufacturer of innovative precast and pre-stressed concrete construction systems with $22 million of net sales in 2023 and a strong presence in fast-growing Latin American markets.
  • With plants and a distribution network across Argentina, Paraguay and Uruguay, Tensolite will expand Holcim’s Solutions & Products portfolio and strengthen its geographical footprint.
  • Oliver Osswald, Region Head Latin America, said: “By acquiring Tensolite, we are further expanding our Solutions & Products portfolio in Latin America and globally.
  • I am excited to further grow Tensolite and to welcome all 155 employees to the Holcim family.”
    Tensolite was founded in 1979 and specializes in concrete construction systems from joists and roof tiles, to customized products for large civil works, from bridge beams and precast to grandstands and walkways.

Camposol Holding PLC reports its Fourth Quarter 2023 preliminary results.

Retrieved on: 
Tuesday, April 2, 2024
USD, Investment, Consumer electronics

Camposol Holding PLC's sales amounted to USD 464.4 million, with a recorded gross profit margin of 30.8% during 2023.

Key Points: 
  • Camposol Holding PLC's sales amounted to USD 464.4 million, with a recorded gross profit margin of 30.8% during 2023.
  • EBITDA from continuing operations reached USD 109.4 million, up 76.1% compared to 2022, with a corresponding EBITDA margin of 23.6%.
  • As of December 31st, 2023, the company had a cash balance of USD 23.9 million and a net leverage ratio of 4.79x.
  • If you are unable to participate in the call, a playback of the conference will be available until April 2, 2025.

Junshi Biosciences Announces 2023 Full Year Financial Results and Provides Corporate Updates

Retrieved on: 
Friday, March 29, 2024
CPS, Patient, Lung cancer, IND, Infection, Cancer, Investment, Cisplatin, Paclitaxel, Melanoma, Marketing, RNA, New chemical entity, Gentlemen's agreement, NRDL, Food, Therapeutic Goods Administration, Biologics license application, Insurance, Research, Junshi, National Medical Products Administration, TGA, FDA, NMPA, Tablet, COVID-19, NPC, Spacecraft, DSM-IV codes, Dacarbazine, Axitinib, Total, Pharmaceutical industry

SHANGHAI, China, March 29, 2024 (GLOBE NEWSWIRE) -- Shanghai Junshi Biosciences Co., Ltd (“Junshi Biosciences,” HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced its financial results for the full year of 2023 and provided corporate updates.

Key Points: 
  • SHANGHAI, China, March 29, 2024 (GLOBE NEWSWIRE) -- Shanghai Junshi Biosciences Co., Ltd (“Junshi Biosciences,” HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced its financial results for the full year of 2023 and provided corporate updates.
  • Total research and development (“R&D”) expenses were approximately RMB1,937 million in 2023, representing a decrease of approximately 19% compared to 2022.
  • Loss attributable to owners was RMB2,282 million in 2023, representing a decrease of RMB104 million compared to the previous year.
  • This application was later approved for marketing in December 2023, marking the first and only approved perioperative therapy for lung cancer domestically.

dLocal Appoints Mark Ortiz as New Chief Financial Officer

Retrieved on: 
Monday, March 18, 2024
Growth, CFO, Risk, GE Capital, Investment, Lease

MONTEVIDEO, Uruguay, March 18, 2024 (GLOBE NEWSWIRE) -- dLocal (Nasdaq: DLO), the leading cross-border payment platform specializing in high-growth markets, announced today that Mark Ortiz has been appointed Chief Financial Officer.

Key Points: 
  • MONTEVIDEO, Uruguay, March 18, 2024 (GLOBE NEWSWIRE) -- dLocal (Nasdaq: DLO), the leading cross-border payment platform specializing in high-growth markets, announced today that Mark Ortiz has been appointed Chief Financial Officer.
  • Ortiz will report directly to dLocal’s CEO, Pedro Arnt, overseeing dLocal's accounting, financial planning and analysis, financial reporting internal audit, SEC reporting, tax, credit, risk, and treasury functions.
  • Mark joins dLocal during a period of rapid growth as it continues to deliver on its mission to unlock the power of emerging markets.
  • He brings over 30 years of extensive international financial and operational management experience primarily within GE’s umbrella companies.

dLocal Appoints Dr. Verónica Raffo as Independent Board Member

Retrieved on: 
Monday, March 18, 2024
Universidad, Risk management, Growth, Business, International law, Gold, Entrepreneurship, Postgraduate education, Young Presidents' Organization, Audit committee, YPO, DLocal, Young

MONTEVIDEO, Uruguay, March 18, 2024 (GLOBE NEWSWIRE) -- dLocal (Nasdaq: DLO), the leading cross-border payment platform specializing in high-growth markets, is pleased to announce the appointment of Dr. Verónica Raffo as an independent board member, effective March 18, 2024.

Key Points: 
  • MONTEVIDEO, Uruguay, March 18, 2024 (GLOBE NEWSWIRE) -- dLocal (Nasdaq: DLO), the leading cross-border payment platform specializing in high-growth markets, is pleased to announce the appointment of Dr. Verónica Raffo as an independent board member, effective March 18, 2024.
  • "We are thrilled to welcome Verónica to our board of directors and Audit Committee," said Pedro Arnt, CEO.
  • Dr. Raffo expressed her enthusiasm about joining dLocal, stating, "I am honored to join dLocal's board of directors and serve on the Audit Committee.
  • At dLocal, we would like to extend our sincere gratitude to Jitendra Gupta, for his contributions, dedication, and wisdom during his tenure as an independent member.

MercadoLibre, Inc. Publishes its 2024 Institutional Presentation for Investors

Retrieved on: 
Monday, March 18, 2024
Mercado Libre, MELI

MONTEVIDEO, Uruguay; March 18, 2024; (GLOBE NEWSWIRE) -- MercadoLibre, Inc. (Nasdaq: MELI) (http://www.mercadolibre.com) today published its 2024 Institutional Presentation for Investors, which is available on the company’s Investor Relations website via the following link: https://investor.mercadolibre.com/investor-presentation/.

Key Points: 

MetLife Named to Fortune Magazine’s 2024 List of the 100 Best Companies to Work For®

Retrieved on: 
Thursday, April 4, 2024
Professional Services, Insurance, Finance, Culture, Organization, MetLife, MET, Workplace

MetLife, Inc. (NYSE: MET) today announced it is among Fortune magazine’s 100 Best Companies to Work For® in 2024.

Key Points: 
  • MetLife, Inc. (NYSE: MET) today announced it is among Fortune magazine’s 100 Best Companies to Work For® in 2024.
  • MetLife is one of four insurance companies on the list.
  • “MetLife’s inclusion on Fortune’s list is based on feedback from those who know our company best – our people,” said MetLife President and CEO Michel Khalaf.
  • MetLife has been certified by Great Place to Work in Brazil, Chile, China, Colombia, Cyprus, India, Lebanon, Mexico, Romania, the United States and Uruguay.

Hilton Named No. 1 Best Company to Work For in the US

Retrieved on: 
Thursday, April 4, 2024
Other Travel, Human Resources, Lodging, Hispanic, Travel, Vacation, Professional Services, Consumer, Culture, Growth, Light, Woman, Workplace, Investment, Heart, Curriculum, Multimedia, Hotel

Today, Great Place to Work and Fortune named Hilton No.

Key Points: 
  • Today, Great Place to Work and Fortune named Hilton No.
  • 1 on the 100 Best Companies to Work For in the U.S. list , marking its ninth consecutive placement on the prestigious list and sixth consecutive year in the top 10.
  • 1 World’s Best Workplace and makes Hilton the only hospitality company to have earned the top spot on these prestigious lists.
  • 1 World’s Best Workplace is especially meaningful,” said Chris Nassetta, president and CEO, Hilton.

Corporate Compliance – Not Enforcement – Is Combatting Pervasive Corruption in Latin America, Miller & Chevalier Research Finds

Retrieved on: 
Tuesday, April 2, 2024
Finance, Homeland Security, Professional Services, Legal, Public Policy, Government, Organization, Corruption, Risk, International, Travel, Lawyer, M&A, Pessimism, FCPA, Drug

Corruption remains pervasive throughout Latin America despite sustained efforts to criminalize, investigate, and prosecute misconduct, according to new survey data.

Key Points: 
  • Corruption remains pervasive throughout Latin America despite sustained efforts to criminalize, investigate, and prosecute misconduct, according to new survey data.
  • In fact, corporate compliance – not enforcement – is the key driver for addressing these endemic issues.
  • The 2024 Latin America Corruption Survey , released today by Miller & Chevalier Chartered and 14 collaborating law firms in Latin America, measures perspectives on how corruption impacts companies' ability to do business in the region.
  • “Nonetheless, in the absence of consistent enforcement, executives in the region are confronting this pervasive problem.

NMG Provides Commercial and Operational Update upon Filing 2023 Financial Reports: Significant Progress over the Year in Advancing North America’s Mine-to-Battery-Material Graphite Production

Retrieved on: 
Thursday, March 28, 2024
Natural Resources, Batteries, Alternative Energy, EV, Electric Vehicles, Energy, Automotive, Technology, Mining, Minerals, Carbon, Quality control, Anchor, Innu, Investment, TYO, Inflation, General Motors, EVS, Minority, FID, Education, Benchmark Mineral Intelligence, United States Geological Survey, Graphite, CO2, Verified Carbon Standard, Safety, Workforce, Climate change, Acceleration, VCS, GHG, ESG, Regulation, Acquisition, Student, Annual report, Kilowatt-hour, NOU, NMG, Engineering, Health, Intel, Government, Abitibi, GM, Pressure, Growth, Unitary state, Environment, Bloomberg, Mineral, Multimedia

Leveraging this technological platform, over 4,200 samples were reviewed and prepared by the Company’s battery laboratory in 2023.

Key Points: 
  • Leveraging this technological platform, over 4,200 samples were reviewed and prepared by the Company’s battery laboratory in 2023.
  • NMG also signed a supply agreement with GM for 18,000 tpa of active anode material for an initial term of six years.
  • The Company maintains intensive commercial discussions and continued product qualification with other tier-1 battery manufacturers for the balance of its Phase-2 production.
  • Such measures reaffirm the importance of establishing a local, resilient, and ESG-compliant supply chain of graphite to support battery and EV production.