NEW YORK: Altice USA Inc. has presented a revised and enhanced offer to Cogeco Inc. (CGO) and Cogeco Communications Inc. (CCA) to acquire 100% of the issued and outstanding shares of Cogeco. Altice USA has also revised its arrangement with the largest long-term shareholder of Cogeco, Rogers Communications Inc. to sell all the Canadian assets…
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Dr. Reddy’s and RDIF receive approval to conduct clinical trial for Sputnik V vaccine in India
HYDERABAD: Dr. Reddy’s Laboratories and Russian Direct Investment Fund (RDIF) have received approval from the Drug Control General of India (DCGI) to conduct an adaptive phase 2/3 human clinical trial for Sputnik V vaccine in India. This will be a multi-center and randomized controlled study, which will include safety and immunogenicity study. Earlier in September…
Amazon announces two new fulfillment centers in Kansas creating over 1,000 new jobs
SEATTLE: Amazon.com has planned two new fulfillment centers in Kansas, which would together create over 1,000 new, full-time jobs with industry-leading pay and comprehensive benefits starting on day one. The new fulfillment centers are anticipated to launch in 2021, a news release said. “We’re excited to continue our growth and investment across Kansas so we…
MRP acquires three Walmart-anchored retail centers
ST. LOUIS: Midwest Retail Properties (MRP) announced the acquisition of a portfolio of three Walmart-Anchored Shopping Centers – two properties are in Texas and one property is in Alabama. These properties will add a total of 43,400 SF to MRP’s current portfolio. This acquisition is MRP’s third shadow center purchase in Alabama and third purchase…
The Forest Foundation sees opportunity to avoid future California wildfire disasters
SACRAMENTO: While each passing year sees increased devastation and record-breaking losses from wildfires, The Forest Foundation, a non-profit organization dedicated to forest sustainability and public education, said it is optimistic that growing interest in better managing California’s forests will help the state avoid future catastrophes. While there’s a tendency by federal and state policy makers…
Alta Equipment Group to acquire Howell Tractor and Equipment LLC
LIVONIA: Alta Equipment Group has entered into a definitive agreement to acquire Howell Tractor and Equipment LLC., a privately held heavy equipment dealer serving Northern Illinois and Northwest Indiana. Howell Tractor has an expansive range of heavy construction, mining, material handling, and crane equipment available for sale or rent to its premium customer base. As…
Air Lease Corporation delivers New Airbus A321-200neo LR aircraft to SAS
LOS ANGELES: Air Lease Corporation announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Scandinavian Airlines System (SAS). Powered by CFM International LEAP-1A33 engines, this aircraft is the first of three A321-200neo LRs confirmed to deliver to the Scandinavian airline from ALC’s order book with Airbus. The other two A321-200neo…
Superior Plus acquires Central Coast Propane
TORONTO: Superior Plus Corp., through one of its wholly-owned subsidiaries, has acquired all of the equity interests of a Southern California retail propane distribution company, operating under the trade name Central Coast Propane. Founded in 1992, and located in Paso Robles, California, Central Coast is an established independent retail propane distributor serving approximately 2,800 residential…
Altius Resources acquires 2.0 million shares of CANEX Metals
ST. JOHN’S: Altius Resources Inc., a subsidiary of Altius Minerals Corporation, has acquired ownership of 2.0 million common shares of CANEX Metals Inc., with its head office in Calgary, Alberta, a news release said. The Common Shares were acquired by Altius pursuant to an exercise of previously acquired common share purchase warrants of CANEX held…
Ventas acquires trophy life science portfolio in South San Francisco for $1.0 billion
CHICAGO: Ventas Inc. announced that the Ventas Life Science and Healthcare Real Estate Fund, L.P. has acquired a trophy life science portfolio in the premier South San Francisco life science cluster for $1.0 billion. Ventas is the Sponsor and General Partner of the Fund, which is a perpetual life vehicle focused on investments in core…
Xfinity Mobile expands 5G coverage nationwide
PHILADELPHIA: Comcast announced Xfinity Mobile is expanding its 5G coverage nationwide, offering the latest generation of wireless connectivity across the U.S. starting October 14, 2020. Xfinity Mobile’s nationwide 5G network will be available on all Xfinity Mobile data options and can be accessed by all 5G-enabled devices in the Xfinity Mobile portfolio. Customers can purchase…
Apple introduces HomePod mini
CUPERTINO: Apple has unveiled HomePod mini, the newest addition to the HomePod family that delivers impressive sound, the intelligence of Siri to get things done, and a smart home experience that offers comfort and convenience without complexity. At just 3.3 inches tall, HomePod mini is packed with innovative technologies and advanced software that together enable…