Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 34 n° 9

Posts Tagged ‘acquire’

Modern British Art Evening Sale

Posted by fidest press agency su martedì, 9 febbraio 2021

London – The Modern British Art Evening Sale will be led by Sir Winston Churchill’s Tower of the Koutoubia Mosque (1943, estimate: £1,500,000-2,500,000), offered from The Jolie Family Collection. It is presented alongside two further works by the former Prime Minister of the UK, Scene at Marrakech (circa 1935, estimate: £300,000-500,000), offered by order of the Trustees of Viscount Montgomery’s Will Trust and St Paul’s Churchyard (1927, estimate: £200,000-300,000). Masters of British sculpture include outstanding examples by Lynn Chadwick, Barry Flanagan, Barbara Hepworth, Henry Moore and William Turnbull. Sir John Lavery’s painting of Doris Delevingne, The Viscountess Castlerosse, Palm Springs (1938, estimate: £400,000-600,000) is offered from the collection of Charles Delevingne, while a selection of portraits from the Estates of L.S. Lowry and Carol Ann Lowry reveal the artist’s intimate observations of people. Further highlights include Jack Butler Yeats’ expressive painting Until We Meet Again and Head of Frank Auerbach, a portrait of the artist by his close friend Leon Kossoff, one of only three ever created (1956, estimate: £100,000-150,000). The Modern British Art Evening Sale will directly follow A Family Collection: Works on Paper, Van Gogh to Freud, livestreamed from our saleroom in New York.The sale will include six important sculptures from the Collection of Mireille and James Lévy. Henry Moore’s Maquette for King and Queen (estimate: £750,000-1,000,000), leads the group and was conceived and cast in 1952. King and Queen works are regarded among his most popular and recognised sculptures, and the only series to depict a single pair of adults. Small Maquette No. 2 for Reclining Figure (conceived in 1950 and cast in 1965, estimate: £200,000-300,000) is one of just two maquettes that Moore created in preparation for his most celebrated masterpiece: Reclining Figure: Festival, 1951. Endowed with a purity of form and a sense of physical intimacy, the unique slate sculpture Three Round Forms (1951, estimate: £200,000-300,000) embodies Barbara Hepworth’s mature approach to form and material. Three carefully arranged elliptical forms stand with intricate tension, personifying the artist’s preoccupation with exploring relationships that arise when multiple forms are juxtaposed. Square Forms (Two Sequences) (conceived in 1963-64 and cast in 1966, estimate: £300,000-500,000) demonstrates Hepworth’s masterful ability to achieve equilibrium between the demands of bronze and its expressive possibilities.Les Deux, (1997, estimate: £250,000-350,000) is one of Barry Flanagan’s most striking hare sculptures, which typified his figurative work from 1979 onwards, a cast of which has never appeared at auction before. Regarded as Flanagan’s most recognisable motif, the hare has become synonymous with his artistic practice. This is presented alongside Gendrd I / Gendrd II (1994, estimate: £300,000-500,000), one of Flanagan’s most playful and endearing works, from the collection of the late Clodagh Waddington. Two Reclining Figures (1972, £400,000-600,000) is one of Chadwick’s most significant and monumental works of the period. The figures are impressive in scale, life size, measuring almost two metres in length.

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Halo Signs Definitive Agreement to Acquire two Additional LA Dispensary License Applicants

Posted by fidest press agency su martedì, 9 febbraio 2021

Toronto. Halo Collective Inc. (“Halo” or the “Company”) (NEO: HALO) (OTCQX: HCANF) (Germany: A9KN) is delighted to announce the signing of definitive agreements to acquire an interest in two successful Los Angeles dispensary license applicants and 100% ownership of each applicant’s related management company (“the Transaction”), in a strategic move to further the Company’s presence in California’s growing cannabis market. As Halo continues to implement its seed to sale verticalization strategy, owning and operating retail businesses is a key tactic to increase value by controlling distribution and adding operating margin. As such the signing of definitive agreements to acquire 66 ⅔% of the two Los Angeles dispensary businesses, as well as 100% of their respective management companies marks a significant milestone for the Company. Halo plans to open the flagship stores in Hollywood and Westwood adjacent to Beverly Hills and at least one site will feature the first FlowerShop* branded dispensary. The Company plans to brand the first applicant SDF11 LLC (“SDF11”), located in Hollywood, FlowerShop*, a cannabis lifestyle and conceptual wellness brand by Feel Better in which G-Eazy is a partner and key member. As previously disclosed, Halo also owns 25% of Feel Better LLC (“Feel Better”). The second dispensary, ZXC11 LLC (“ZXC11”), has leased approximately 1,500 square feet in Westwood within two miles of the University of Los Angeles California campus (“UCLA”). Upon closing the Transaction, the Company plans to deepen its operations through these two storefronts and the Company’s first dispensary acquisition that is already slated to open in the North Hollywood (“NOHO”) village of Los Angeles.

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Grünenthal agrees to acquire European rights to CRESTOR

Posted by fidest press agency su venerdì, 4 dicembre 2020

Grünenthal, a global science-based, privately-owned pharmaceutical company, today announced that it has agreed to acquire the European rights (excluding Spain and the UK) to CRESTOR[TM] (rosuvastatin) and its associated brands for a total consideration of up to US$ 350 million. CRESTOR(TM) is among the leading statin products in Europe and is indicated for the treatment of dyslipidaemia, hypercholesterolaemia and the prevention of cardiovascular events. Compared to other statins such as atorvastatin, CRESTOR[TM] has demonstrated superior LDL- cholesterol-lowering efficacy.The level of LDL is an important factor for the improvement of cardiovascular outcomes and therefore especially important in patients with high risk of cardiovascular diseases such as diabetes or stroke. Under the terms of this agreement, Grünenthal will acquire the exclusive rights to market CRESTOR[TM] and its second brands in more than 30 European markets. Grünenthal will also take over bulk production and packaging for the defined markets by 2025. CRESTOR[TM] continues to generate significant revenues despite having lost exclusivity. Total CRESTOR[TM] 2019 sales in the countries where rights were acquired were US$ 136 million (EUR 122 million). This acquisition is expected to generate a significant profit contribution in the upcoming years, supporting Grünenthal’s strategy aiming at concluding profit accretive deals that strengthen the company’s financial performance. The acquisition is subject to approval from the relevant antitrust authorities, with closing expected in the first quarter of 2021. The acquisition of CRESTOR[TM] is part of a series of acquisitions and partnerships Grünenthal has entered into in the last few years, including European rights to Nexium[TM] , the global (ex US and Japan) rights to Vimovo[TM], global rights to Qutenza[TM], and global (ex Japan) rights to Zomig[TM]. The company has signed deals with a total value of more than US$ 1.7 billion since 2016. Recently, the company announced the FDA label-extension approval of Qutenza[TM] for the treatment of neuropathic pain associated with diabetic peripheral neuropathy of the feet. Grünenthal aims to further strengthen its research and innovation capabilities in pain and to explore commercial growth opportunities in its core markets, specifically Europe, the US and Latin America.

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Halo Signs Definitive Agreement to Acquire Canmart

Posted by fidest press agency su venerdì, 9 ottobre 2020

TORONTO–(BUSINESS WIRE) Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) has entered into a definitive share purchase agreement, (the “Share Purchase Agreement”) pursuant to which the Company, in exchange for up to 72,463,768 common shares of Halo (“Halo Shares”), will acquire all of the issued and outstanding shares of Canmart Ltd. (“Canmart”), a licensed importer and distributor of cannabis-based products for medicinal use (“CBPMs”) in the United Kingdom (“UK”) (the “Acquisition”). Issuance of certain Halo Shares will be subject to milestones and, once issued, will be subject to volume trading restrictions (see “Transaction Overview” below).The UK population consumes one of the greatest amounts of cannabis per capita in the world. With an estimated 4.7 million cannabis users out of a total general population of 66.4 million in 2019, the number of users per capita even approaches California, currently the single largest cannabis market in the world.1 While the estimated number of people in the UK who use cannabis to treat chronic health conditions is only 1.4 million,2 the legal use of medical cannabis is still in its relative infancy. The UK legalized CPBMs, including plant materials, oils, tinctures, edibles and capsules, in November 2018.Nearly all CPBM prescriptions are imported, because there is no formal domestic manufacturing program in the UK.3 However, as legal prescriptions are on the rise,4 recent regulations have sought to streamline and ease the importation of medical cannabis to the UK. In March 2020, the Medicines & Healthcare Products Regulatory Agency (the “MHRA”) and the Home Office implemented changes that enable Canmart to import large quantities of CPBMs and hold inventory of these approved medicines. The Company’s research of publicly available information indicates that Canmart and four other companies in the UK currently possess all of the licenses necessary for bulk importation and distribution of CPBMs.

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Halo Enters Into Binding LOI To Acquire Canmart Limited (UK)

Posted by fidest press agency su lunedì, 30 dicembre 2019

Halo Labs Inc. (“Halo” or the “Company”) (NEO: HALO, OTCQX: AGEEF, Germany: A9KN) is pleased to announce that it has entered into a binding Letter of Intent (the “LOI”) to acquire all of the common shares of Canmart Limited (“Canmart”) in the United Kingdom (“UK”). This is Halo’s first planned international acquisition of an importer and distributor of licensed medicinal cannabis products. The Company aims to acquire, partner and apply for further national licenses within Europe and other territories to give Halo direct market access for its products made from medical cannabis grown at the Company’s 205-hectare Bophelo cannabis cultivation zone (“Bophelo”) in Mafeteng, Lesotho. Via Canmart, which is approved for import into the UK, Halo anticipates commencing exports to the UK towards the second half of 2020, subject to regulatory approvals. The total transaction size of the Canmart acquisition is anticipated to be C$6 million, payable in Halo common shares and at a deemed price of C$0.35 per share which is based on the 30-day VWAP as of December 23, 2019 (“the Consideration”). Consideration will be paid as Canmart achieves critical business milestones. Halo’s acquisition of Canmart is expected to sign and close within the next seventy-five days. Completion of the Acquisition is subject to, among other things, the satisfaction or waiver of any conditions’ precedent to the consummation of the Acquisition (including the receipt of any requisite regulatory and stock exchange approvals). Commenting on the transaction, CEO and Co-Founder of Halo Kiran Sidhu said, “The UK is one of the world’s largest individual cannabis markets. Our goal is to become a major player in the UK in the coming years. With the quality and cost of medical cannabis we are growing in Lesotho, the acquisition of Canmart will put us in prime position to grow our business as cannabis-based medicinal treatments become more mainstream across Great Britain.” Darran Quinn, Founding Director of Canmart added, “The UK Medicinal Cannabis market is poised for major growth. Working with Halo provides Canmart a sustainable competitive advantage in the both short and long term. Halo’s management team combined with the Company’s focused seed to sale international strategy will provide great value for us now that we will be Halo shareholders.”

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Accenture to Acquire Analytics8, Australian Analytics and Data Specialists

Posted by fidest press agency su domenica, 18 agosto 2019

Accenture (NYSE: ACN) has entered into an agreement to acquire Analytics8, a privately held Australian big data and analytics consultancy that specialises in data management, reporting and visualisation, data science and analytics services.
Founded in 2002, Analytics8 provides data and analytics solutions to some of Australia’s largest organisations. With deep expertise across multiple industries, from healthcare to financial services, Analytics8 enables clients to derive enhanced insights from data.
Analytics8’s Melbourne and Sydney-based team of 70 professionals will join Accenture Applied Intelligence, which uses artificial intelligence-powered data, automation and analytics to help clients transform their businesses.“In this data-driven age, organisations are increasingly seeking to harness the power of their information for competitive advantage and to identify opportunities for revenue growth and cost reduction,” said Amit Bansal, a managing director at Accenture who leads its analytics and artificial intelligence business in Australia and New Zealand.
Hedde Schuitemaker, co-owner of Analytics8, said, “We are excited about joining Accenture. Our data scientists and data analytics expertise will complement Accenture’s applied intelligence capabilities and industry knowledge, allowing us to help customers further leverage data and analytics to transform their businesses.” The agreement to acquire Analytics8 is the latest demonstration of Accenture’s continued investment in innovation and ongoing commitment to growing its capabilities in digital growth channels. It follows two other acquisitions Accenture made in Australia in the last 12 months: its June 2019 acquisition of cybersecurity and technology company BCT Solutions, and its December 2018 acquisition of PrimeQ, one of Australia’s and New Zealand’s top Oracle software-as-a-service cloud implementation service providers.

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Apple to Acquire Majority of Intel’s Smartphone Modem Business

Posted by fidest press agency su domenica, 28 luglio 2019

Intel and Apple have signed an agreement for Apple to acquire the majority of Intel’s smartphone modem business. Approximately 2,200 Intel employees will join Apple, along with intellectual property, equipment and leases. The transaction, valued at $1 billion, is expected to close in the fourth quarter of 2019, subject to regulatory approvals and other customary conditions, including works council and other relevant consultations in certain jurisdictions. Combining the acquired patents for current and future wireless technology with Apple’s existing portfolio, Apple will hold over 17,000 wireless technology patents, ranging from protocols for cellular standards to modem architecture and modem operation. Intel will retain the option to develop modems for non-smartphone applications, such as PCs, internet of things devices and autonomous vehicles.“This agreement enables us to focus on developing technology for the 5G network while retaining critical intellectual property and modem technology that our team has created,” said Intel CEO Bob Swan. “We have long respected Apple and we’re confident they provide the right environment for this talented team and these important assets moving forward. We’re looking forward to putting our full effort into 5G where it most closely aligns with the needs of our global customer base, including network operators, telecommunications equipment manufacturers and cloud service providers.” “We’ve worked with Intel for many years and know this team shares Apple’s passion for designing technologies that deliver the world’s best experiences for our users,” said Johny Srouji, Apple’s senior vice president of Hardware Technologies. “Apple is excited to have so many excellent engineers join our growing cellular technologies group, and know they’ll thrive in Apple’s creative and dynamic environment. They, together with our significant acquisition of innovative IP, will help expedite our development on future products and allow Apple to further differentiate moving forward.”

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Mitsubishi UFJ Lease & Finance to Acquire ENGS Holdings, Inc.

Posted by fidest press agency su martedì, 30 ottobre 2018

ENGS Commercial Finance Co. (”ENGS”), an industry leading commercial finance company, is pleased to announce that its shareholders, led by Aquiline Capital Partners, a New York-based private equity firm investing in financial services, has entered into an agreement to sell all shares of ENGS to Mitsubishi UFJ Lease & Finance Company Limited (“MUL”). MUL is a prominent global leasing company headquartered in Tokyo and its principal shareholders include Mitsubishi Corporation, a leading Japanese trading and investment company, and Mitsubishi UFJ Financial Group, Inc., one of the world’s leading financial institutions. In Japan, MUL has consistently delivered leading vendor-based financing products to customers and is a leading equipment lender. In 2015, MUL expanded its vendor financing capabilities outside of Japan by launching a dedicated business in Thailand.
Through its acquisition of ENGS, MUL is now extending its global reach of vendor finance to the United States of America (“U.S.”), the largest equipment finance market in the world. Since Aquiline became the majority investor in ENGS in February 2015, Aquiline and ENGS have worked to expand ENGS’ footprint and diversify ENGS’ offerings, expanding into the industrial, construction, factoring and insurance sectors. With this transaction, ENGS will continue to expand its existing relationships and markets with its U.S. based vendors. ENGS will also be the U.S. vendor-based platform for MUL’s international clients doing business in the U.S.“We are extremely excited to become part of the MUL family,” commented Craig Weinewuth, President and CEO of ENGS. “The strength and power of the MUL brand worldwide is unrivaled. Becoming the U.S.-based vendor finance platform to carry out MUL’s vision will provide great benefits to our employees, vendors and customers. Together with MUL’s existing U.S. businesses, we will be able to offer our vendor and customer clients products and services that very few in the U.S. can match.” Mr. Weinewuth continued, “MUL will be a great fit for ENGS. MUL and ENGS share the same vision to become the leading commercial finance company in the U.S. We will achieve this by providing the best-in-class products and services to our vendors and customers. This will enable them to grow their businesses most efficiently.” The transaction is subject to approval under Hart-Scott-Rodino Act and is expected to close in the fourth quarter of 2018. J.P. Morgan Securities LLC served as exclusive financial advisor and Latham & Watkins LLP served as legal counsel to ENGS.

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Ventas to Acquire Distinctive Seniors Housing Community in Manhattan

Posted by fidest press agency su venerdì, 24 agosto 2018

Ventas, Inc. (NYSE: VTR) announced today that it has signed a definitive agreement to acquire a premier seniors housing community (“Battery Park” or the “Community”) located in the appealing Battery Park City neighborhood of downtown Manhattan for approximately $194 million from Brookdale Senior Living (“Brookdale”). “The Battery Park acquisition firmly establishes Ventas as the market leader in seniors housing in the elite Manhattan market,” said Debra A. Cafaro, Ventas Chairman and Chief Executive Officer. “Battery Park adds an irreplaceable, well-established community to our high-quality seniors housing portfolio and is uniquely positioned to benefit from New York City’s strong demographics. We are pleased to reach another mutually beneficial transaction for Ventas and Brookdale and we look forward to growing and improving this high-quality residence for seniors.”
The 14-story Community, which includes 217 units overlooking the Hudson River, is a premier independent living community for New York City’s senior population and benefits from first class services, gardens, natural light and spacious units. It is located in a thriving downtown Manhattan neighborhood that offers high-end retail, residential and commercial space in addition to easy access to other highly sought after neighborhoods such as Tribeca, SoHo and the Financial District.The acquisition is attractively valued below replacement cost and represents an approximately 5 percent going-in yield on net operating income with redevelopment opportunities offering additional potential upside. Brookdale, which has successfully operated the Community for nearly 20 years since its opening, will continue to operate the Community under a management contract with Ventas upon closing of the transaction. While the Company expects the closing to occur by year-end 2018, it remains subject to customary closing conditions and there can be no assurance whether or when the closing will occur.
Ventas, Inc., an S&P 500 company, is a leading real estate investment trust. Its diverse portfolio of approximately 1,200 assets in the United States, Canada and the United Kingdom consists of seniors housing communities, medical office buildings, life science and innovation centers, inpatient rehabilitation and long-term acute care facilities, health systems and skilled nursing facilities. Through its Lillibridge subsidiary, Ventas provides management, leasing, marketing, facility development and advisory services to highly rated hospitals and health systems throughout the United States. References to “Ventas” or the “Company” mean Ventas, Inc. and its consolidated subsidiaries unless otherwise expressly noted. More information about Ventas and Lillibridge can be found at and

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Ares Management Funds Acquire Pan-European Office Portfolio

Posted by fidest press agency su sabato, 28 aprile 2018

Ares Management L.P. (NYSE: ARES) announced today that funds managed by its real estate group have completed the acquisition of a portfolio of seven office properties located in major cities in Germany, the Netherlands, Austria and Finland, comprising 159,000 square meters.This diversified portfolio includes assets located in four of the “Big Seven” German office markets (Frankfurt, Munich, Dusseldorf and Hamburg) as well as in Vienna, Rotterdam and Helsinki and marks the fifth pan-European portfolio acquisition for the Ares Real Estate Group in recent years. The Ares Real Estate Group utilizes its local presence in each of the key European markets in order to identify, evaluate, underwrite, and finance complex cross-jurisdictional opportunities.“This transaction further demonstrates our proven expertise in completing complex transactions across multiple countries, giving sellers confidence in our ability to close in a timely manner,” said James Piper, Partner in the Ares Real Estate Group. “This portfolio adds to our array of high-quality properties in major European cities – and in particular Germany – where we continue to see tightening supply and strong occupational demand in the office markets. Furthermore, it provides several compelling asset management opportunities, including creating significant additional value from leasing as well as repositioning some of the assets.”

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Alexion to Acquire Wilson Therapeutics

Posted by fidest press agency su domenica, 15 aprile 2018

Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN) and Wilson Therapeutics AB (publ) announced today that Alexion has made a recommended public cash offer to the shareholders in Wilson Therapeutics to acquire all outstanding shares in Wilson Therapeutics by way of a tender offer, through a wholly-owned subsidiary. Wilson Therapeutics is a biopharmaceutical company, based in Stockholm, Sweden, that develops novel therapies for patients with rare copper-mediated disorders. Wilson Therapeutics’ product, WTX101, is in Phase 3 development as a treatment for Wilson disease, a rare genetic disorder with devastating hepatic and neurological consequences for patients. WTX101 is a first-in-class oral copper-binding agent with a unique mechanism of action and ability to access and bind copper from serum and promote its removal from the liver. WTX101 has received Fast Track designation in the U.S. and Orphan Drug Designation for the treatment of Wilson disease in the U.S. and EU.
“Wilson disease is a rare disorder that can lead to severe liver disease, including cirrhosis and acute liver failure, as well as debilitating neurological morbidities such as impaired movement, gait, speech, swallowing, and psychiatric disorders. WTX101 is an innovative product that addresses the underlying cause of the disease and has the potential to define a new standard of care in treating Wilson disease, an area that has not had a new treatment in over two decades,” said Ludwig Hantson, Chief Executive Officer of Alexion. “The acquisition of Wilson Therapeutics is a strong strategic fit for Alexion given the overlap with our current clinical and commercial focus on metabolic and neurologic disorders, and is an important first step in rebuilding our clinical pipeline.”“Alexion is a global leader in rare diseases with a proven record of developing and commercializing therapies for patients with rare diseases, making them a great partner to make WTX101 available to Wilson disease patients worldwide,” said Jonas Hansson, CEO of Wilson Therapeutics.

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Catella strengthens UK presence by signing a conditioned share purchase agreement to acquire majority stake in APAM Ltd

Posted by fidest press agency su martedì, 13 marzo 2018

Catella AB has, through Catella Property Fund Management AB (“CPFM”), signed a share purchase agreement to acquire a majority stake in the leading UK real estate investment and asset management company, APAM Ltd. Closing of the transaction requires regulatory approval and other conditions to be fulfilled.
APAM Ltd (“APAM”) has experienced fast growth over recent years and had revenues of approximately GBP 7 million during the calendar year 2017. CPFM has agreed to acquire 75% of the shares in APAM for a price corresponding to GBP 18 million, on a debt and cash free basis. A non-refundable down payment of the purchase price of GBP 2.7 million was made at signing, while the remaining amount is to be paid in cash upon completion. Catella is not obligated to complete the transaction according to the agreement but it is expected to complete during second half of 2018, subject to necessary regulatory approval having been obtained from the financial supervisory authority in Luxembourg, Commission de Surveillance du Secteur Financier (CSSF).“As a leading company within the strategically important UK market, APAM constitutes a key piece in Catella’s ambition to build the pan-European platform Catella has built the last years within our Property Investment Management business area, which has been our focus for the last four years”, says Knut Pedersen, CEO of Catella AB.
APAM is an independent real estate investment and asset manager operating exclusively in the UK market with a combination of skills to offer clients an ‘end to end’ approach to support their investment strategy. APAM has assets under management (“AUM”) of GBP 1.4 billion and 41 employees.Simon Cooke and William Powell, founders and executive directors of APAM, will remain shareholders in APAM, each with 12.5% of the share capital and voting power after the transaction. APAM will continue to be independently run by its current management team and to pursue its successful growth strategy within UK. Co-operation between Catella and APAM will start immediately. Management from both companies see significant opportunities to strengthen their offering to international investors by leveraging the combined pan-European reach the two companies can provide. With APAM, Catella will reach SEK 200bn in AUM (GBP 18bn).
“Catella Property Investment Management has continuously strengthened its competitive position over the last years and has experienced an annual cumulated growth rate (CAGR) in AUM of 23% and a CAGR of 43% the last three years. This transaction further strengthens our position.” says Timo Nurminen, Head of Property Investment Management at Catella.“We are impressed by the strong risk adjusted return APAM generates for its clients and are delighted to expand our offering for our clients in UK. Catella’s clients, in particular our Asian office’s, will be able to expand their pan-European allocation with a significant share allocated to the UK”, says Timo Nurminen.Simon Cooke, founding shareholder and executive director, said: “This transaction brings together two great names in property investment management and Catella’s strategic investment provides us with an even stronger platform for growth. Will and I will continue to lead and drive the APAM business – it will be very much ‘business as usual’. We have enjoyed building APAM over the last eight years and look forward to working with Catella to leverage the new opportunities that this partnership brings.”William Powell, founding shareholder and executive director, added: “Joining forces with Catella, marks the start of an exciting new chapter in APAM’s development, providing our clients with access to best-in-class advisers across 14 countries and an even more extensive range of services. By combining our strengths, this strategic partnership delivers significant potential to grow our business and our international client base, as well as opportunities for our team.”In connection with the deal, CPFM and the two minority owners in APAM have entered into a call and put option agreement under which CPFM is being granted a call option to acquire the shares of the minority owners and the minority owners are being granted a put option to sell their shares to CPFM during the autumn 2023 at a price to be calculated through a pre-set formula depending on future profit development.

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Liberty Bancorp, Inc. Announces Agreement to Acquire Lawson Financial Corp

Posted by fidest press agency su domenica, 14 gennaio 2018

Kansas CityKansas City. Liberty Bancorp, Inc. (OTC-Pink:LBCP), the holding company for BankLiberty, and Dr. Stephen McCray, Chairman of Lawson Financial Corp., reported an agreement whereby Liberty Bancorp, Inc. will purchase all the stock of Lawson Financial Corp. As a result of this agreement Lawson Bank will be merged into BankLiberty. Lawson Bank is headquartered in Lawson, Missouri, with branches in Kansas City, Excelsior Springs, and Gladstone, Missouri. Lawson Bank had total assets of $125.5 million as of September 30, 2017.“The decision to sell was not an easy one but I am pleased that our customers will continue to be served by a community bank that shares our passion for helping local households and businesses,” said McCray.
Established in 1955, BankLiberty is a community bank with existing branches in Kansas City, Parkville, Liberty, North Kansas City, Riverside, Gladstone, Claycomo, Platte City, and Independence.
Brent Giles, President and CEO of BankLiberty, stated, “BankLiberty is excited to be able to provide Lawson Bank’s customers with the friendly community bank service they expect along with cutting-edge services that make business and life easier. This move fits very well with our core growth and service throughout the Northland. We look forward to further executing our plan of building a financially strong bank through prudent and creative solutions for our customers.”Liberty Bancorp (LBCP) is the holding company for BankLiberty, which is a full-service community bank offering deposit and loan services for businesses, families and individuals. With assets of $452.3 million as of September 30, 2017, BankLiberty has recently been named one of the strongest midsize banks in Kansas City by the Kansas City Business Journal, and has a four-star rating from BauerFinancial.
The transaction is expected to close in the second quarter of 2018, subject to approval by bank regulatory authorities as well as the satisfaction of other customary closing conditions. Raymond James & Associates, Inc. is acting as financial advisor to Liberty Bancorp, Inc. and Stinson Leonard Street LLP is serving as its legal counsel. The Capital Corporation is acting as financial advisor to Lawson Financial Corp. and Lathrop Gage LLP is serving as its legal counsel.

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Oracle today announced that it has signed an agreement to acquire Maxymiser

Posted by fidest press agency su martedì, 1 settembre 2015

Oracle_headquartersA leading provider of cloud-based software that enables marketers to test, target and personalize what a customer sees on a Web page or mobile app, substantially increasing engagement and revenue. Maxymiser optimizes over 20 billion customer experiences per month for brands such as Allianz, HSBC, Lufthansa, Tommy Hilfiger and Wyndham.Oracle Marketing Cloud is already the fastest growing software platform for modern marketers in the world. The addition of Maxymiser to Oracle Marketing Cloud will strengthen the most comprehensive solution to manage marketing programs across all digital channels and across the customer lifecycle.“Companies are increasingly seeking innovative ways to differentiate their brands while increasing both ROI and loyalty based on optimized customer experiences,” said Thomas Kurian, President, Product Development, Oracle. “Together with Maxymiser, Oracle Marketing Cloud enables enterprises to stop guessing and start delivering what customers want across all digital channels and devices.” “Our mission is to empower enterprises to use data science to systematically test, discover, and predict what customers want and deliver uniquely tailored experiences,” said Tim Brown, Chief Executive Officer, Maxymiser. “We are excited to join Oracle and bring these capabilities to help extend Oracle Marketing Cloud.”

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Sonatas for two recorders

Posted by fidest press agency su venerdì, 19 agosto 2011

Toronto Thursday, August 25th, 2011 – 6:30pm Istituto Italiano di Cultura – 496 Huron St., Romeo Ciuffa and Maurizio Parisi in concert A $10 contribution will be accepted at the door. In Italy, from the 15th century, the musical formula of the duo was used purely for didactic
purposes; in other words, it was used as a tool to have the student perform concrete music. In the following centuries the “a duo” form kept its didactic purposes but started to acquire ever more specific, elaborate and interesting musical qualities. The duets scheduled for the first part of the concert will regard this development, while in the second part pieces composed by Roberto Valentini (Robert Valentine, born in England but musically active in Rome until his death) will be performed. La Villeggiatura (The Holiday) is part of a manuscript kept in the prestigious library Biblioteca Palatina in Parma and is a work belonging to an advanced period in the composer’s career, characterized by an airy and elegant structure, written specifically for this group of musicians.

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