Month: April 2018

Sinovac Enters into Amendment to Amalgamation Agreement for Going-Private Transaction PR Newswire BEIJING, April 27, 2018 BEIJING , April 27, 2018 /PRNewswire/ — Sinovac Biotech Ltd. (“Sinovac” or the “Company”) (NASDAQ: SVA), a leading provider of biopharmaceutical products in China , today announced that on April 26, 2018 , it entered into Amendment No. 2 to the Amalgamation Agreement (the “Amendment”) to further amend the Amalgamation Agreement, dated as of June 26, 2017 (as amended by Amendment No. […]

Actis acquires Mexican portfolio from InterGen in largest investment to date and establishes Saavi Energia PR Newswire LONDON and MEXICO CITY, April 27, 2018 LONDON and MEXICO CITY , April 27, 2018 /PRNewswire/ — Actis, a leading growth markets investor, is pleased to announce that it has acquired InterGen’s Mexican portfolio of businesses for a consolidated enterprise value of US$1.256 billion . The deal is Actis’ largest acquisition to date. […]

Sandvik to Acquire Metrology Software Company Metrologic Group PR Newswire SANDVIKEN, Sweden, April 27, 2018 SANDVIKEN, Sweden , April 27, 2018 /PRNewswire/ — In line with its strategic agenda to broaden Sandvik Machining Solutions’ customer offering in digital manufacturing, Sandvik intends to acquire the French software company Metrologic Group from Astorg Partners at a price of 360 million EUR , on a cash and debt free basis. Headquartered in Meylan, France , Metrologic Group is a market leader in agnostic metrology software. […]

CTEK to Take the Electrical Vehicle Market by Storm PR Newswire VIKMANSHYTTAN, Sweden, April 27, 2018 VIKMANSHYTTAN, Sweden , April 27, 2018 /PRNewswire/ — CTEK acquires Chargestorm AB to enter the Electrical Vehicle market CTEK, a leading global brand in the care and maintenance of vehicle batteries, has today announced the acquisition of Chargestorm AB, a market-leading Swedish developer of products and systems for the charging of electric vehicles. (Photo: https://mma.prnewswire.com/media/683523/Chargestorm.jpg ) As a global leader in battery management solutions, entry into the electrical vehicle sector will enable CTEK to build further upon its solid base and become a major force in this dynamic, growing market. This decision comes at time when vehicle manufacturers are preparing to spend a record amount on research and development within e-mobility. […]

Cirro Capital acquires a significant stake in OBOR Education Holdings Limited PR Newswire HONG KONG, April 27, 2018 HONG KONG , April 27, 2018 /PRNewswire/ — Cirro Capital has signed an agreement to acquire significant stake in OBOR Education Holdings Limited, a Belt and Road educational company based in Hong Kong , to expand its portfolio and further strengthen its position within the industry. On 22 nd April 2018 , Hong Kong -based investment Company Cirro Capital made a significant stake investment in OBOR Education Holdings Limited, a provider of educational Belt and Road business resources for Chinese entrepreneurs. […]

Worldwide Facilities Completes Acquisition of The Sullivan Group PR Newswire LOS ANGELES, April 27, 2018 LOS ANGELES , April 27, 2018 /PRNewswire/ — WORLDWIDE FACILITIES, LLC is pleased to announce that it has completed the acquisition of GERALD J. SULLIVAN & ASSOCIATES, INC., which trades as “The Sullivan Group” (“Sullivan”), a national specialty intermediary. Formed in 1981, Sullivan is an insurance program manager, contract binding authority manager and wholesale broker offering its products and services nationally through retail insurance agents and brokers […]

Boliden’s First Quarter: High Grades at Aitik and Tara PR Newswire BOLIDEN, Sweden, April 27, 2018 BOLIDEN, Sweden , April 27, 2018 /PRNewswire/ — Boliden’s first quarter 2018 was characterised by high grades and few accidents. Revenues for the period totalled SEK 13,331 m (12,730) and the operating profit was SEK 2,672 m (2,149). The free cash flow totalled SEK 1,431 m (1,060). […]

Lassonde Industries announces an agreement to acquire U.S.-Based Old Orchard Brands Canada NewsWire ROUGEMONT, QC, April 26, 2018 ROUGEMONT, QC , April 26, 2018 /CNW Telbec/ – Lassonde Industries Inc. (TSX: LAS.A) (“Lassonde”) has reached an agreement to acquire Old Orchard Brands, LLC, a family-owned juice and beverage company based in Sparta, Michigan , for a total cash consideration of US$146.0 million (subject to working capital and other adjustments) payable upon closing of the transaction. By way of additional consideration, a further amount of up to US$10 .0 million may be payable over the next two years subject to specified financial milestones […]