LONDON: PureTech Health plc has filed a public Registration Statement on Form 20-F to the United States Securities and Exchange Commission (SEC) in conjunction with a potential listing of American Depository Shares (ADSs) on the Nasdaq Stock Market. The U.S. Listing is expected to take place after the SEC and Nasdaq have completed their review…
Visa to acquire Latin American digital financial solutions company, YellowPepper
MIAMI: Visa Inc. has signed a definitive agreement to acquire YellowPepper, a fintech pioneer with proprietary technology and partnerships supporting leading financial institutions and startups in Latin America and the Caribbean. The acquisition of YellowPepper builds on a strategic partnership and investment Visa made in YellowPepper in May 2018. The YellowPepper platform offers a rich set of…
Emirates SkyCentral DWC to be operated as a dedicated anchor hub for COVID-19 vaccine distribution
DUBAI, UAE: Emirates SkyCargo is creating the world’s first dedicated airside cargo hub to handle the logistical complexities of distributing a potential COVID-19 vaccine globally. The air cargo carrier is taking a global leadership position by announcing that it will be re-opening its Emirates SkyCentral DWC cargo terminal in Dubai South to serve as a…
bpha Limited’s A+ rating reaffirmed by Standard & Poor’s
LONDON: Credit rating agency Standard & Poor’s (S&P) has reaffirmed bpha Limited’s long-term credit rating of A+ on 26 October 2020. The outlook for the rating remains ‘negative’ due to the current economic uncertainty. In their Research Update, S&P have commented that bpha: · benefits from strong economic fundamentals and excellent asset quality · has…
Total obtains 20% of the latest National Solar Tender; over 600 MW of projects awarded in France
PARIS, FRANCE: Total, through Total Quadran, a wholly-owned affiliate dedicated to developing and producing renewable energy in France, was awarded 67 megawatt-peak (MWp) of solar projects representing 20% of the volumes awarded in the eighth period of the CRE (French Energy Regulatory Commission) call for tenders. Total is thus consolidating its position as France’s second-largest…
LanzaTech, Total and L’Oréal producing plastic bottle made from industrial carbon emissions
PARIS: Through their innovative partnership, LanzaTech, Total and L’Oréal have premiered the world’s first sustainable packaging made from captured and recycled carbon emissions. The successful conversion process takes place in three steps: LanzaTech captures industrial carbon emissions and converts them into ethanol using a unique biological process. Total, thanks to an innovative dehydration process jointly…
Francisco Partners to acquire Forcepoint from Raytheon Technologies
SAN FRANCISCO: Francisco Partners, a global investment firm, has signed a definitive agreement to acquire Forcepoint, a cybersecurity solutions provider, from Raytheon Technologies. “We have followed Forcepoint for years and have a deep appreciation for its outstanding portfolio of innovative security products,” said Brian Decker, Partner at Francisco Partners. “Security is an increasingly important strategic…
Jernigan Capital’s shareholders approve acquisition by Nexpoint
NEW YORK: Jernigan Capital Inc. announced that its shareholders approved the acquisition of Jernigan by affiliates of NexPoint Advisors L.P. at its special meeting of stockholders. Shares representing approximately 77.67% of the Company outstanding stock voted at the special meeting, with approximately 97.65% of such shares voting FOR approval of the merger. As announced previously,…
Lion Equity completes acquisition of T-Y Group and Harbor Linen
DENVER: Lion Equity Holdings acquired T-Y Group and Harbor Linen from Bed Bath & Beyond Inc. TY-Harbor distributes quality linens, terry, amenities, case goods and apparel to world-class businesses in the global hospitality and healthcare industries. TY-Harbor will be merged with Lion Equity Partners’ existing portfolio company, Riegel Linen, a leading importer, manufacturer, and supplier…
Yellowstone Acquisition Company closes $125 million initial public offering
OMAHA: Yellowstone Acquisition Company announced the closing of its initial public offering (IPO) of 12.5 million units at a price of $10 per unit, resulting in gross proceeds of $125 million. The units began trading on the NASDAQ Stock Market LLC under the ticker symbol “YSACU” on October 22, 2020. Each unit issued in the…
American Express offer Uber Cash benefit for Gold members
NEW YORK: American Express and Uber announced an exclusive new offer for U.S. Consumer Platinum, Gold and Green Card Members and an Uber Cash benefit for Gold Card Members to bring their next at-home dining experience right to their doorstep and support the local restaurants in their communities. “Our Card Members crave food experiences and…
Steve Fludder appointed President and CEO of LS Energy Solutions
CHARLOTTE: LS Energy Solutions has appointed Steve Fludder as new President and CEO, a news release noted. Fludder is an accomplished power and energy veteran, who most recently served as CEO of NEC Energy Solutions and earlier held the post of Chief Marketing and Sales Officer of Samsung Engineering. Steve started his career at GE…