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Lineage has announced its intention to acquire Grupo Fuentes, one of Spain’s principal transport and cold-storage logistics providers, headquartered in Murcia with facilities across the country
The expansion in Spain will reinforce Lineage’s commitment to one of Europe’s main markets for fresh produce
Grupo Fuentes is a major provider of transport services, and the intended acquisition will strengthen Lineage’s footprint for cold-storage distribution across the main markets in South and Western Europe
(BUSINESS WIRE) -- Lineage Logistics, LLC (“Lineage” or the “Company”), one of the world’s leading temperature-controlled industrial REIT and logistics solutions providers, today announced its intention to acquire Grupo Fuentes, a major operator of transport and cold storage facilities, headquartered in Murcia, Spain.

Grupo Fuentes operates a fleet of over 500 vehicles and trailers, 6 logistics cente ... Read more »

Views: 21 | Added by: africa-live | Date: 08.03.2022 | Comments (0)

TOKYO 
(BUSINESS WIRE)--Kioxia Corporation, the world leader in memory solutions, today announced the launch of the second generation of XL-FLASH™, a Storage Class Memory (SCM) solution based on its BiCS FLASH™ 3D flash memory technology, which significantly reduces bit cost while providing high performance and low latency. Product sample shipments are scheduled to start in November this year, with volume production expected to begin in 2023.

The second generation XL-FLASH™ achieves significant reduction in bit cost as a result of the addition of new multi-level cell (MLC) functionality with 2-bit per cell, in addition to the single-level cell (SLC) of the existing model. The maximum number of planes that can operate simultaneously has also increased from the current model, which will allow for improved throughput. The new XL-FLASH™ will have a memory capacity of 256 gigabits*1.

Kioxia’s second generation XL-FLASH™ memor ... Read more »

Views: 49 | Added by: africa-live | Date: 08.03.2022 | Comments (0)

NORTH ANDOVER, Mass. - Tuesday, 02. August 2022

(BUSINESS WIRE) -- Watts Water Technologies, Inc. (NYSE: WTS) today declared that the Corporation will pay a quarterly dividend of thirty cents ($0.30) per share on each outstanding share of the Company’s Class A Common Stock and Class B Common Stock, said dividend to be paid on September 15, 2022 to stockholders of record at the close of business on September 1, 2022.

Watts Water Technologies, Inc., through its family of companies, is a global manufacturer headquartered in the USA that provides one of the broadest plumbing, heating, and water quality product lines in the world. Watts companies and brands offer innovative plumbing, heating, and water quality solutions for commercial, residential, and industrial applications. For more information, visit www.watts.com.

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20220801005539/en/


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Netspend Founders Combine Assets to Create a Global Industry Leader

(BUSINESS WIRE)--Today Rêv Worldwide, Inc., (“Rêv”), an international fintech company, and Global Payments (NYSE: GPN), a leading worldwide provider of payment technology and software solutions, announced that Rêv, in partnership with funds advised by Searchlight Capital Partners, L.P. (“Searchlight”), has entered into a definitive agreement to acquire the Netspend consumer business from Global Payments in an all cash transaction valued at $1 billion. The acquisition brings back Netspend’s founders, Roy and Bertrand Sosa, who also founded Rêv. The Sosa brothers look to leverage the strategic assets of the two entities to build a global, high growth company that delivers on a mission of financial empowerment and product innovation.

For Searchlight, this transaction represents another exciting partnership with dynamic fintech entrepreneurs while also being able to support ... Read more »

Views: 53 | Added by: africa-live | Date: 08.03.2022 | Comments (0)

HERZOGENAURACH, Germany - Tuesday, 02. August 2022

(BUSINESS WIRE) -- Sports company PUMA will discuss solutions for some of the fashion industry’s most pressing sustainability challenges such as waste, materials and climate change at a global event in September.

Taking place in London on September 6 and streamed worldwide, Conference of the People will feature PUMA’s industry peers, activists, NGOs, experts, ambassadors and consumers, who will discuss tackling waste, using more sustainable materials, stopping climate change, protecting forests and finding ways for the industry to collaborate to achieve results sooner.

“We will focus on Gen Z during this event, as we want to give this generation a voice when it comes to the decisions that have to be made today to shape a more sustainable future,” said Bjørn Gulden, CEO of PUMA. “At the United Nations they call it Conference of the Parties, we call it Conference of the People.&rdq ... Read more »

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-All regulatory clearances received for the acquisition of Vifor Pharma AG
-Settlement of the offer is scheduled for 9 August 2022
-Seasoned biopharma executive, Hervé Gisserot, designated to lead the business as General Manager upon settlement of the offer

(BUSINESS WIRE) -- Regulatory News:

AD HOC ANNOUNCEMENT PURSUANT TO ART. 53 LR

CSL Limited (ASX: CSL; USOTC:CSLLY) is pleased to announce it has now received all necessary regulatory clearances for the acquisition of Vifor Pharma AG (Vifor) announced on 14 December 2021.

CSL has set the settlement date of the public tender offer for Vifor for 9 August 2022. If the offer conditions that remain in effect until the settlement remain fulfilled until that date, shareholders who accepted the offer will receive the offer price for each share tendered into the offer on the settlement date, subject to the terms of the offer.

CSL anticipates that it will hold more than 97% of Vifor shares ... Read more »

Views: 56 | Added by: africa-live | Date: 08.03.2022 | Comments (0)

LAGOS, Nigeria - Tuesday, 02. August 2022 AETOSWire  

(BUSINESS WIRE)--In a significant milestone for African pension capital being deployed for domestic infrastructure and industrial development, the Public Investment Corporation (PIC), Africa’s largest asset manager, with over US$150 billion in assets under management, plans an inaugural investment in the Africa Finance Corporation (AFC), the continent’s leading infrastructure solutions provider.

PIC has given formal notification to make a US$100 million equity investment in the AFC. The approved investment from the South African pension fund manager follows recent equity inflows to AFC from the Seychelles Pension Fund, the Government of Sierra Leone, the Republic of Togo, the Central Bank of Guinea and further investment from the Ghana Infrastructure Investment Fund, which are among the 32 equity investors in AFC. These investments further embed the active collaboration between African sovereigns, ... Read more »

Views: 18 | Added by: africa-live | Date: 08.03.2022 | Comments (0)

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