SAINT PAUL: 3M and HP Inc. announced a new collaboration to share free-of-charge large-format graphics for commercial signage applications that are crucial to communicate social distancing and health and safety messages as public spaces, workplaces and businesses reopen amid the continued COVID-19 pandemic. The 3M Graphics COVID-19 Related Signage library for HP is a free,…
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Charles Schwab completes acquisition of Motif’s technology capabilities
SAN FRANCISCO: The Charles Schwab Corporation has completed the asset acquisition of Motif’s technology and intellectual property. Motif is a fintech pioneer that has combined breakthrough technology and data science to deliver customized thematic portfolios to investors. In addition to thematic investing, Motif’s technology platform offers the flexibility to personalize investments, supports real-time fractional share…
Dentsu Aegis Network launches global commerce practice
NEW YORK: Dentsu Aegis Network announced the launch of the Dentsu Commerce global practice. Underpinning Dentsu’s global network of 3,500 commerce experts across 85 worldwide markets, Dentsu Commerce will offer end-to-end business solutions to align with its “Total Commerce” philosophy. The practice will be led by Vikalp Tandon who will serve as Global President in…
DIH appoints Vaseem Mahboob as Executive Vice President and CFO
NORWELL: DIH Medical, a leading global robotics & virtual reality (VR) technology provider, has appointed Vaseem Mahboob as the Company’s Executive Vice President and Chief Financial Officer (CFO), effective July 9th, 2020. Mahboob will also serve as a member of the DIH Corporate Executive Board. “I couldn’t be more thrilled to welcome Vaseem to DIH,”…
PotlatchDeltic agrees to sell 72,000 acres in Minnesota to the Conservation Fund for $48mn
SPOKANE: PotlatchDeltic Corporation announced an agreement to sell approximately 72,000 acres in Minnesota to The Conservation Fund for approximately $48 million in cash. The transaction is subject to customary closing conditions and is expected to close in the second half of 2020. “This transaction represents a significant milestone in our long-term strategy to maximize shareholder…
Halo Labs announced edibles expansion in California and Oregon
TORONTO: Halo Labs announced an update on the Company’s edibles product launch and expansion plan in California and Oregon to capitalize on segment growth. According to BDS Analytics, edibles spending in the US and Canada is forecast to grow to more than $4.1 billion by 2022. In California, ingestibles generated $44 million in sales in…
PG&E Corp achieves bankruptcy court confirmation of its plan of reorganization
SAN FRANCISCO: PG&E Corporation and Pacific Gas and Electric Company announced that the United States Bankruptcy Court for the Northern District of California has confirmed the company’s Chapter 11 Plan of Reorganization. This follows the California Public Utilities Commission’s approval of the Plan on May 28, 2020. “Today’s ruling in the Chapter 11 proceeding concludes…
Child care sector in Nova Scotia on brink of collapse
HALIFAX: Child care centres across Nova Scotia are now facing a funding crisis that threatens to undermine the viability of the entire sector. Premier McNeil told families that their child care spots would be held for them once the economy reopened. However, his government has committed to only funding half of those spots leaving child…
C-P Flexible Packaging announces acquisition of Genpak Flexible
YORK: C-P Flexible Packaging, a leading manufacturer of flexible packaging, announced the acquisition of Genpak Flexible from The Jim Pattison Group. Genpak Flexible is a leading North American supplier of compostable packaging and offers a wide range of unique, patented flexible packaging solutions. C-P Flexible Packaging is a longstanding portfolio company of First Atlantic Capital,…
Carlisle Companies announces the termination of its acquisition of Draka Fileca
SCOTTSDALE: Carlisle Companies Incorporated announced the termination of its previously announced agreement to acquire Draka Fileca SAS from Prysmian SpA. Chris Koch, Chairman and Chief Executive Officer, said “While we were enthusiastic about completing the transaction, unfortunately, the COVID-19 pandemic contributed to the delay in timely receiving the necessary regulatory approval. While disappointed, we remain…
FCPT acquires Big O Tires property for $2.7 million
MILL VALLEY: Four Corners Property Trust (FCPT), a real estate investment trust, announced the acquisition of a corporate-operated Big O Tires property for $2.7 million. The lease is guaranteed by TBC Corporation, one of the largest independent tire retailers in the U.S. TBC operates or franchises 2,383 retail locations across its various brands, which include…
Cannae Holdings announces $75mn investment in Trebia Acquisition Corp
LAS VEGAS: Cannae Holdings Inc. has strategically entered into a forward purchase agreement with Trebia Acquisition Corp. in which Cannae, as an anchor investor and a founding member of the Sponsor Group, will purchase an aggregate of 7,500,000 Class A ordinary shares of Trebia, plus an aggregate of 2,500,000 redeemable warrants to purchase one Class…