Month: July 2018

Utica Resources Announces Offer to Acquire Junex Inc. Canada NewsWire MONTREAL, July 4, 2018 MONTREAL , July 4, 2018 /CNW/ – Utica Resources Inc. (” Utica “) today announced that it has delivered to the Special Committee of the Board of Directors of Junex Inc […]

Sandvik Completes the Acquisition of Metrologic Group PR Newswire STOCKHOLM, July 4, 2018 STOCKHOLM , July 4, 2018 /PRNewswire/ — In line with previous communication on 27 April 2018 , Sandvik has completed the acquisition of the French metrology software company Metrologic Group from Astorg Partners. As of 4 July 2018 Metrologic Group will be reported as part of the business area Sandvik Machining Solutions. Purchase price was 360 million EUR , on a cash and debt free basis. […]

OCI Partners LP Announces Expiration of OCI N.V. Tender Offer PR Newswire NEDERLAND, Texas, July 4, 2018 NEDERLAND, Texas , July 4, 2018 /PRNewswire/ — OCI Partners LP (NYSE: OCIP) (“OCIP” or the “Partnership”), today announced that as of 5:00 p.m. Eastern Time , on July 3, 2018 (the “Expiration Time”), 9,290,248 million common units representing limited partner interests in the Partnership (“Common Units”), including those Common Units delivered through notices of guaranteed delivery, were validly tendered and accepted for purchase by OCIP Holding II LLC (“Holding”), an indirect wholly owned subsidiary of OCI N.V. […]

Gresham Acquires Cash and Payments Solutions Experts, B2 Group PR Newswire LONDON, July 4, 2018 LONDON , July 4, 2018 /PRNewswire/ — Gresham Technologies plc , the leading software and services company that specialises in providing real-time data integrity and control solutions, today announced that it has completed the acquisition of B2 Group. (Logo: https://mma.prnewswire.com/media/654184/Gresham_Tech_Logo.jpg ) B2 Group adds cash management and payments integration solutions to Gresham’s portfolio of Clareti applications, increasing Gresham’s addressable market and advancing Gresham’s strategic plan to create a global, enterprise financial technology business. All B2 senior leadership and staff have joined Gresham and will continue to work together as a specialist team known as Gresham Cash Management Solutions […]

Conagra Brands Completes Sale Of Its Canadian Del Monte Processed Fruit And Vegetable Business To Bonduelle Group PR Newswire CHICAGO, July 4, 2018 CHICAGO , July 4, 2018 /PRNewswire/ — Today Conagra Brands, Inc. (NYSE: CAG) announced that it has completed the divestiture of its Canadian Del Monte processed fruit and vegetable business to Bonduelle Group. The transaction is valued at approximately CA$43 million, which is approximately US$32 million at the current exchange rate. […]

Ballard Acquires Fuel Cell Assets From AFCC to Support Planned Growth PR Newswire VANCOUVER, July 3, 2018 Investment accelerates expansion of Ballard production capacity VANCOUVER , July 3, 2018 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced that it has acquired certain strategic assets of Automotive Fuel Cell Cooperation Corporation (“AFCC”), a private company owned by Daimler AG (“Daimler”) and Ford Motor Company (“Ford”). As part of a planned wind-down of AFCC’s operations in Vancouver , which are co-located with Ballard at its headquarters, Daimler and Ford have in-housed and relocated their fuel cell stack development activities to Germany and the U.S., respectively. As a result, Daimler and Ford have agreed to sell AFCC assets to Ballard. […]

Canadian Tire Corporation Completes Acquisition of Helly Hansen Canada NewsWire TORONTO, July 3, 2018 TORONTO , July 3, 2018 /CNW/ – Canadian Tire Corporation, Limited (TSX: CTC) (TSX: CTC.A) today announced that it has successfully closed the acquisition of the company which owns and operates the Helly Hansen brands and related businesses. Helly Hansen is a leading global brand in sportswear and workwear based in Oslo, Norway . […]

eHi Files Amended Transaction Statement on Schedule 13E-3 with Securities and Exchange Commission PR Newswire SHANGHAI, July 3, 2018 SHANGHAI , July 3, 2018 /PRNewswire/ — eHi Car Services Limited (“eHi” or the “Company”) (NYSE: EHIC), a leading car rental and car services company in China , today announced that it and other filing persons have filed an amended transaction statement on Schedule 13E-3 (“Transaction Statement”) with the United States Securities and Exchange Commission (the “SEC”) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), in connection with the previously announced agreement and plan of merger (the “Merger Agreement”), dated as of April 6, 2018 , among the Company, Teamsport Parent Limited (“Parent”) and Teamsport Bidco Limited (“Merger Sub”), pursuant to which the Company will merge with and into Merger Sub (the “Merger”). Attached as an exhibit to the Transaction Statement is a preliminary proxy statement (the “Preliminary Proxy Statement”) relating to an extraordinary general meeting of shareholders (the “EGM”) which the Company expects to hold later this year. The Transaction Statement and the exhibits to the Transaction Statement, including the Preliminary Proxy Statement, contain information about the proposed acquisition by The Crawford Group, Inc. […]

Datametrex Announces Ronin RTO Canada NewsWire TORONTO, July 3, 2018 TORONTO , July 3, 2018 /CNW/ – Datametrex AI Limited (the ” Company ” or ” Datametrex “) ( TSXV: DM, FSE: D4G ) is pleased to announce that its wholly-owned subsidiary, Ronin Blockchain Corp. (” Ronin “), has entered into a binding letter of intent (the ” LOI “) dated June 26, 2018 with Cluny Capital Corp. (” Cluny “) (TSXV:CLN.H), a capital pool company pursuant to Policy 2.4 of the TSX Venture Exchange (the ” TSXV “), to combine the businesses of the two companies (the ” Proposed Transaction “) […]

The Rockport Group Intends to Seek Approval of and Proceed with Sale to Charlesbank PR Newswire NEWTON, Mass., July 3, 2018 NEWTON, Mass. , July 3, 2018 /PRNewswire/ — The Rockport Group, LLC (the “Company” or ” Rockport “), a leader in men’s and women’s footwear since 1971, today announced that, after completing a Court-approved marketing process, it intends to complete the previously announced Asset Purchase Agreement (“the, Agreement”) with CB Marathon Opco, LLC, an affiliate of Charlesbank Capital Partners, LLC (“Charlesbank”), pending approval by the United States Bankruptcy Court for the District of Delaware . […]

Griffin-American Healthcare REIT IV Acquires Assisted Living Facility in Beaumont, Texas for $19.5 Million PR Newswire BEAUMONT, Texas, July 3, 2018 BEAUMONT, Texas , July 3, 2018 /PRNewswire/ — American Healthcare Investors, LLC and Griffin Capital Company, LLC, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced today that the REIT has acquired an assisted living facility located in Beaumont, Texas for $19.5 million . Situated on 4.38 acres of land, Pinnacle Beaumont Assisted Living Facility is comprised of 79 units and consists of approximately 61,000 square feet of assisted living and memory care space. The acquisition was completed pursuant to a joint venture with an affiliate of Meridian Senior Living, LLC, which will manage the portfolio on a day-to-day basis […]