Mergers & Acquisitions

Concentric AB Acquires Own Shares

Concentric AB Acquires Own Shares PR Newswire SKÅNES FAGERHULT, Sweden, June 4, 2018 SKÅNES FAGERHULT, Sweden , June 4, 2018 /PRNewswire/ –Under the authorisation from the annual general meeting 2018, the board of Concentric AB (publ) (“Concentric”) has decided to buy back own shares on Nasdaq Stockholm. The repurchases are made on the purposes determined by the annual general meeting, i.e. to be able to improve the company’s capital structure and to enable share transfers in accordance with the board’s proposals for authorisation for the board to transfer own shares and for previous and proposed resolution on transfer of own shares to participants in LTI 2015 – 2018, to increase the flexibility for the board in connection to potential future corporate acquisitions, as well as to cover costs for LTI 2015-2018 and enable delivery of shares in accordance with LTI 2015-2018 […]

Mergers & Acquisitions

Natural Partners and Fullscript plan to merge to create the industry-leading, technology-enabled, wellness management service for integrative healthcare practitioners and patients

Natural Partners and Fullscript plan to merge to create the industry-leading, technology-enabled, wellness management service for integrative healthcare practitioners and patients PR Newswire SCOTTSDALE, Ariz. and OTTAWA, Ontario, June 2, 2018 SCOTTSDALE, Ariz. and OTTAWA, Ontario , June 2, 2018 /PRNewswire/ — Natural Partners, Inc. […]

Mergers & Acquisitions

Ryan Herco Flow Solutions Announces Acquisition of Seltin Supply

Ryan Herco Flow Solutions Announces Acquisition of Seltin Supply PR Newswire BURBANK, Calif., June 1, 2018 BURBANK, Calif. , June 1, 2018 /PRNewswire/ — Ryan Herco Flow Solutions, the leading specialty distributor of flow solutions for mission critical fluids, announced today that it has completed the acquisition of Seltin Supply, headquartered in Richardson, TX. Randy Beckwith , Chief Executive Officer of Ryan Herco , stated, “We’re thrilled to be joining forces with the team at Seltin. […]

Mergers & Acquisitions

NetEase Announces Strategic Investment in Bungie

NetEase Announces Strategic Investment in Bungie Companies committed to the future of Bungie as a global, multi-franchise entertainment studio PR Newswire GUANGZHOU, China, June 1, 2018 GUANGZHOU, China , June 1, 2018 /PRNewswire/ — NetEase, Inc. (NASDAQ: NTES), one of China’s leading internet and online game services providers, and Bungie, Inc., an independent employee-owned studio, today announced that NetEase has acquired a minority stake in Bungie to support the incubation of new creative gameplay and accelerate Bungie’s vision of becoming a global, multi-franchise entertainment company. […]

Stock Analysts

BHP Billiton (BHP) JV Plans to Divest Gregory Crinum Mine

BHP Billiton Limited’s BHP joint-venture (JV) business with Mitsubishi Development Pty Ltd (Mitsubishi) — BHP Billiton Mitsubishi Alliance (BMA) — has signed an agreement to spin-off its Gregory Crinum Mine to Sojitz Corporation, for A$100 million. Share price of BHP Billiton was nearly flat at $49.78, post the divestiture news’ announcement on May 30, 2018. Queensland’s hard coking coal mine — Gregory Crinum — is situated 60 km north east of Emerald, in the Bowen Basin […]

Stock Analysts

4 Medical Device Stocks with Solid Potential to Buy Now

The United States boasts being the biggest MedTech market to date and is highly regarded for its innovation and technologically-advanced products across the world. A Kaloroma Information article validates the country’s dominance in the field, thanks to its more than $180 billion in revenues generated from all over the world. Medical Device Tax Suspension The medical device industry is booming with possibilities, courtesy of the two-year suspension of the infamous 2.3% Medical Device tax […]

Mergers & Acquisitions

Venerable Holdings Completes Acquisition from Voya Financial

Venerable Holdings Completes Acquisition from Voya Financial Former Voya Closed Block Variable Annuity Business Launches Today as Standalone Company PR Newswire WEST CHESTER, Pa., June 1, 2018 WEST CHESTER, Pa. , June 1, 2018 /PRNewswire/ — Venerable Holdings, Inc. (“Venerable”) today announced the completion of its acquisition of Voya Financial, Inc.’s (“Voya”) (NYSE: VOYA) Closed Block Variable Annuity (CBVA) business […]

Mergers & Acquisitions

GRACEDBYGRIT has been acquired by HYLETE

GRACEDBYGRIT has been acquired by HYLETE One of the fastest growing performance apparel companies, HYLETE, has acquired GRACEDBYGRIT, also a digitally native brand, focused on women’s athletic apparel PR Newswire SOLANA BEACH, Calif., June 1, 2018 SOLANA BEACH, Calif., June 1, 2018 /PRNewswire/ — GRACED BY GRIT , since being founded in 2013, has generated over $3.5 million in lifetime revenues, selling to more than 25,000 customers. That compares with HYLETE’s forecast of $13 million plus in sales this year and over 120,000 customers. ” GRACED BY GRIT has been built on the same culture and values as HYLETE, which makes it a natural fit, and as a female-driven brand provides tremendous amount of exciting opportunities,” said Ron Wilson , CEO and co-founder […]

Stock Analysts

Key FDA Events in June Investors Need to Watch Out For

It has been a busy year for the FDA so far with the agency approving 14 drugs. Key approvals include Novartis’ Lutathera, Gilead Sciences’ HIV regimen, Biktarvy; Vertex Pharmaceuticals’ Symdeko (tezacaftor/ivacaftor and ivacaftor) for the treatment of cystic fibrosis (CF), Johnson & Johnson’s Erleada for prostate cancer, Amgen’s Aimoviq for the treatment of migraine, BioMarin’s Palynziq for the treatment of phenylketonuria, and Dova Pharmaceuticals Doptelet among others. […]

Stock Analysts

Why I’m Bullish on the Technology Sector

The technology sector has been one of the strongest performers this year, growing 4.3% compared to the S&P 500’s 1.7%. Moreover, the biggest names in technology are the ones contributing most of the growth, leading to apprehensions that there might be a correction in the not-too-distant future. […]

Stock Analysts

Abbott Launches Afinion 2 Analyzer Rapid Test in the U.S.

Abbott ABT recently announced the launch of the latest generation of the Afinion test system — Afinion 2 analyzer — in the United States. This system delivers accurate hemoglobin A1c (HbA1c) results in 3 minutes and albumin to creatinine ratio (ACR) results in 5 minutes. Therefore, the product will enable healthcare providers to adhere to American Diabetes Association (ADA) testing guidelines efficiently and promptly. […]

Mergers & Acquisitions

Graph Blockchain Announces RTO with Reg Tech

Graph Blockchain Announces RTO with Reg Tech Canada NewsWire TORONTO, June 1, 2018 TSX Venture Exchange Symbol “DM ” TORONTO , June 1, 2018 /CNW/ – Datametrex AI Limited (the ” Company ” or ” Datametrex “) ( TSXV: DM, FSE: D4G) is pleased to announce that Reg Technologies Inc. (the ” Company ” or ” RegTech “) and Graph BlockChain Limited ( “GBC” or “Graph Blockchain” ) announce that they have entered into a non-binding Letter of Intent (the ” LOI “) which outlines the general terms and conditions pursuant to which RegTech and GBC have agreed to complete a transaction that will result in RegTech acquiring all of the issued and outstanding securities of GBC (the ” Transaction “) pursuant to a reverse-takeover ( “RTO” ), resulting in pre-financing valuation over C$39 Million . The LOI was negotiated at arm’s length and is effective as of May 31, 2018 […]