Fair Websites

Hong Kong Watch & Clock Fair: www.hktdc.com/hkwatchfair

Salon de TE: www.hktdc.com/hkwatchfair/te

(BUSINESS WIRE) -- Organised by the Hong Kong Trade Development Council (HKTDC), the Hong Kong Watch & Clock Fair, together with the concurrent Salon de TE, will be held at the Hong Kong Convention and Exhibition Center (HKCEC) from 5-9 September 2023. The fairs will return in EXHIBITION+ hybrid model, complemented by the "Click2Match", an online smart business matching platform that will operate on 29 August – 16 September, providing a convenient and efficient platform for traders to connect.

Buyer Registration link: https://rb.gy/160x5

Hong Kong Watch & Clock Fair

Pageant of Eternity at the Watch & Clock Fair displays a variety of high-end finished watches. Other exhibiting categories consist of “Complete Watches”, “Clocks”, “Machinery & Equipment”, &ld ... Read more »

BOCA RATON, Fla. - Monday, 14. August 2023

(BUSINESS WIRE) -- Sun Capital Partners, Inc. (“Sun Capital”), a leading private investment firm focused on defensible businesses in growing markets with tangible performance improvement opportunities, today announced its affiliate has reached a definitive agreement with various subsidiaries of Koch Engineered Solutions, LLC, a subsidiary of Koch Industries, Inc., to acquire Koch Separation Solutions (“KSS” or “the Company”). The acquisition by an affiliate of Sun Capital will pave the way for KSS to strengthen its market presence and improve its economies of scale.

Founded in 1963 and headquartered in Wilmington, Massachusetts, KSS has more than 700 employees and decades of experience providing separation technologies. The Company offers membrane filtration, ion exchange, evaporators, dryers, and proprietary cheesemaking technologies to the industrial, food, beverage, dairy, and other mar ... Read more »

ITASCA, Ill. - Monday, 14. August 2023

Prominent Itasca high-rise accommodates corporate teams across multiple floors

 

(BUSINESS WIRE)--Corporate teammates for supply chain solutions leader AIT Worldwide Logistics recently moved into a new global headquarters at 2 Pierce Place in Itasca, Illinois. Previously, AIT’s shared services teams were based out of multiple Itasca facilities, including 701 Rohlwing Rd., a single-story building and warehouse that had been shared with the company’s Chicago station since 1997.

According to AIT’s Chairman and CEO, Vaughn Moore, the move was spurred by the organization’s exponential growth and emergence as a global logistics powerhouse.

“After more than 40 years in business, and immense expansion to more than 110 locations across Asia, Europe and North America, we’re fortifying our roots in the Chicago area,” Moore said. “This modern, highly visible locati ... Read more »

$3.7 billion in accelerated relocation payments expected in the fourth quarter

 

(BUSINESS WIRE)--Intelsat, operator of one of the world’s largest integrated satellite and terrestrial networks and leading provider of inflight connectivity, will receive nearly $3.7 billion in the fourth quarter after completing C-band frequency clearing, providing future strategic opportunities for the company and its shareholders.

“Intelsat’s C-band transition facilitates broader 5G services in the United States, while strengthening our financial position,” said Dave Wajsgras, CEO at Intelsat. “We reached this milestone well ahead of expectations, and I’m exceptionally proud of the Intelsat team and the hard work that led to this remarkable achievement.”

The FCC C-Band Transition Order set a deadline to clear the spectrum by December 2025 but offered incentive payments to satellite operators if cleared before December 202 ... Read more »

PITTSBURGH - Monday, 14. August 2023 AETOSWire 

Cleveland-Cliffs Refused to Allow for a Standard Process to Assess Their Offer
Company Reaffirms Invitation for Cleveland-Cliffs to Participate in the Strategic Review
 

(BUSINESS WIRE) -- United States Steel Corporation (NYSE: X) (“U. S. Steel” or “the Company”) today confirmed that it has invited Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) to participate in its previously announced strategic review process. The Company previously disclosed it has commenced a formal review process, with the assistance of outside financial and legal advisors, to evaluate strategic alternatives for the Company after receiving multiple unsolicited proposals that ranged from the acquisition of certain production assets to consideration for the whole Company.

The Company had received an unsolicited cash and stock proposal from Cleveland-Cliffs to acquire all of U. S. Steel&rsq ... Read more »

 Dubai International Chamber, one of three chambers operating under Dubai Chambers, has played a key role in driving the growth of another international business success story. The chamber has helped propel ONE MOTO – a Dubai-based company that aims to sustainably solve ‘last mile’ logistics problems through its range of innovative Electric Vehicles (EVs) – into several markets across Latin America.

Dubai International Chamber successfully established a connection between ONE MOTO and Santiago Motors in Chile to broker a new nationwide sales deal for the ambitious UAE start-up, which will see the Chilean automotive company sell ONE MOTO’s electric vehicles across its national sales network.

Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, commented: “We are pleased to assist this sustainable, hi-tech company in accessing new markets. Our work in Latin America underlines the importance of this dynamic region and ... Read more »

Firms combine best-in-class private market data and analytics with leading public market expertise
Reinforces commitment to driving innovation and improving transparency in global private asset investing
MSCI to host conference call today, August 14, at 11:00 AM ET
 

(BUSINESS WIRE) -- MSCI Inc. (NYSE: MSCI), a leading provider of mission-critical decision support tools and services for the global investment community, today announced it has entered into a definitive agreement to acquire the remaining 66% of The Burgiss Group, LLC (“Burgiss”) for $697 million in cash. Burgiss is a Hoboken, New Jersey-based market-leading provider of data, analytics, and technology solutions for investors in private assets. Since its initial investment in January 2020, MSCI will have invested an aggregate of $913 million to acquire all of Burgiss.

With over 35 years of expertise in alternative investments, Burgiss offers private asset data, analytics ... Read more »