Geneva (ots/PRNewswire) - Acrongenomics, Inc. (OTC: AGNM) is pleased to announce that they have acquired a 10.9% interest in Molecular Vision Limited, on a fully diluted basis. The cash consideration will be used by Molecular Vision for working capital and to further develop its technology. Molecular Vision is developing low cost easy-to-use credit-card sized devices for medical testing that will greatly extend ...
Hyderabad, India (ots/PRNewswire) - - Chicago-Based Management Consulting Firm Strengthens Company's High-End Business Services Satyam Computer Services Ltd. (NYSE:SAY), a leading business and information technology services provider, today announced that it has entered into a definitive agreement to acquire Bridge Strategy Group, a Chicago, Ill.-based management consulting firm. In making the $35 million, ...
Battle Creek, Michigan (ots/PRNewswire) - Kellogg Company (NYSE: K), the world's leading producer of cereal and a leading producer of biscuits and convenience foods, today announced that it has acquired The United Bakers Group, one of Russia's largest cracker, biscuit and breakfast cereal producers. United ...
Hoofddorp, The Netherlands (ots/PRNewswire) - - Kulik Continues Chairing Board of Chinese Joint Venture The Board of Directors of CEVA Group plc. announced today that David G. Kulik, CEVA's Vice Chairman and former CEO, has advised the Company of his retirement, effective February 22nd, 2008. The Company also announced that they have entered into an agreement with Mr. Kulik wherein he will be a consultant to ...
Amsterdam (ots/PRNewswire) - The Tommy Hilfiger Group today announced it has entered into an agreement that, through a series of steps, will result in the Group acquiring majority control of Tommy Hilfiger Japan Corporation ("THJC"), currently owned by Itochu Corporation. Terms of the transaction have not been disclosed. Established in 1996, THJC is the exclusive licensee of Tommy Hilfiger-branded products in ...
Bangkok, Thailand, Rotterdam, The Netherlands and Workington, England (ots/PRNewswire) - Indorama Holdings, Thailand (IRH) announced today that, pending the signing of an agreement, its Board of Directors and the Board of Directors of Indorama Polymers, Thailand (IRP) have approved the acquisition of Eastman Chemical Company's European PTA and PET Resin assets. ...
Paris, November 28 (ots/PRNewswire) - LIONAX announces today that it signed an Acquisition Term Sheet with Guanhua Cyber Solutions Co., Ltd. (GCS) to acquire 51% of GCS's total share holding. GCS is the dominant solution designer and provider of Passenger Information System for Public Transportation System including Metro, Hi-Speed Railway Stations, Light Rail, Bus ...
Minneapolis, November 21 (ots/PRNewswire) - Residential Capital, LLC (ResCap) today announced that it has commenced a cash tender offer for its debt securities listed in the table below (the notes). ResCap is offering to purchase up to US$750 million aggregate principal amount (the maximum tender amount) of ...
Lakewood Capital Management, LP
New York, November 21 (ots/PRNewswire) - Lakewood Capital Management, LP yesterday sent the following letter to Ulf Mattsson, Chairman of the Board of Securitas Direct: November 20, 2007 Ulf Mattsson Chairman of the Board Securitas Direct AB Kalendegatan 26, Box 4519 SE-203 20 Malmo Sweden Dear Mr. Mattsson, As you may know, funds affiliated with Lakewood Capital Management, LP ...
Vancouver, Canada, November 21 (ots/PRNewswire) - Oremex Resources Inc. (TSX-V: ORM) (the "Company") announces that it has executed an agreement to acquire the Cuyoaco Gold and Base Metal Property in the State of Puebla, Mexico. The property has the potential to host both a high grade gold system and a large copper-gold porphyry deposit. The agreement provides the Company, through its wholly owned subsidiary ...
Beaverton, Oregon, November 15 (ots/PRNewswire) - NIKE, Inc. (NYSE: NKE) today announced that it has reached a definitive agreement to sell its Starter brand to Iconix Brand Group, Inc. (Nasdaq: ICON) for US$60 million in cash. Nike expects the transaction to be completed in December. (Logo: http://www.newscom.com/cgi-bin/prnh/19990818/NIKELOGO) "We're pleased to have found a buyer committed to investing ...
Cayman Islands (ots/PRNewswire) - Garmin Ltd. (Nasdaq: GRMN) today announced a record quarter ended September 29, 2007. Third Quarter 2007 Financial highlights: -- Total revenue of US$729 million, up 79% from US$408 million in third quarter 2006 -- Automotive/Mobile segment revenue ...
Cayman Islands (ots/PRNewswire) - Garmin Ltd. (Nasdaq: GRMN) announced today that it notified the supervisory and managing boards (collectively the "Boards") of Tele Atlas N.V. ("Tele Atlas" or "the Company") today of its intention to make a public offer for all the outstanding shares of Tele Atlas N.V. on a fully diluted basis at an indicative offer price of euro 24.50 in cash per share (the "Offer"), implying an ...
Montreal, Canada (ots/PRNewswire) - - Approximately US$2 Million in Contracts Awarded Recently TORR Canada Inc. (TSX: TOR) ("TCI"), dedicated to providing innovative process solutions to the Oil & Gas industry, today provides an update following its acquisition of Pure Group AS. During the last few weeks, two of the recently acquired business units ...
Irvine, California (ots/PRNewswire) - IsoTis, Inc. (NASDAQ: ISOT) ("IsoTis"), an orthobiologics company, today announced that, at the special meeting of stockholders re-convened earlier today, IsoTis stockholders have approved the acquisition of IsoTis by Integra LifeSciences Holdings Corporation (NASDAQ: IART) ("Integra") pursuant to an agreement and plan of merger dated as of August 6, 2007. The acquisition is ...
Tokyo (ots/PRNewswire) - - Project investment estimated at US$ 500 million Hinduja Group flagship Ashok Leyland and Nissan Motor Co., Ltd., today signed a binding Master Co-Operation Agreement (MCA) for the formation of three joint venture companies supporting the Light Commercial Vehicle (LCV) business. The agreement was signed in Chennai today by Mr. R. ...
Irvine, California (ots/PRNewswire) - - Less than 100,000 Additional "FOR" Votes Required for Integra Merger IsoTis, Inc. (NASDAQ: ISOT) ("IsoTis"), an orthobiologics company, today reported that less than 100,000 votes "FOR" are needed to approve the acquisition of IsoTis by Integra LifeSciences Holdings Corporation (NASDAQ: IART) ("Integra") pursuant to an agreement and plan of merger dated as of August 6, ...
Montreal, Canada (ots/PRNewswire) - TORR Canada Inc. (TSX: TOR) ("TCI"), dedicated to providing innovative process solutions to the Oil & Gas industry, today announced the closing of the acquisition of all the shares of Norwegian-based Pure Group AS, a provider of leading technologies for oil, gas and water purification. This acquisition announced on July 30, 2007 will enable TCI to offer a broader product offering ...
Irvine, California (ots/PRNewswire) - - Less Than 350,000 Additional Votes "FOR" Required for Integra Merger IsoTis, Inc. (NASDAQ: ISOT) ("IsoTis"), an orthobiologics company, today announced that it has adjourned the special meeting of stockholders again, to October 26, 2007, to approve the acquisition of IsoTis by Integra LifeSciences Holdings Corporation (NASDAQ: IART) ("Integra") pursuant to an agreement ...
Beaverton, Oregon (ots/PRNewswire) - - Move significantly expands Nike's global leadership in football NIKE, Inc. (NYSE: NKE) today announced that it has reached agreement on an all-cash offer to acquire Umbro plc, a leading United Kingdom-based global football (soccer) brand with more than 70 years of experience in the world's No. 1 sport and the world's biggest football market. (Logo: ...
Tokyo (ots/PRNewswire) - Nissan Motor Co., Ltd. announced today the completion of its acquisition of ATLET AB on 16th through its subsidiary, Nissan Forklift Europe B.V., following approval from the European Commission. Mr. Toshio Aoki, General Manager of Industrial Machinery Division at Nissan Motor, is appointed as new chairman of the board at ATLET while Mr. Keiji Ikeda of Nissan Motor is appointed as new CEO ...
Irvine, California (ots/PRNewswire) - - Conference Calls to Answer Questions About Stockholder Meeting October 23 IsoTis, Inc. (NASDAQ: ISOT) ("IsoTis"), an orthobiologics company, today announced the interim tabulation results of the special stockholders meeting held on October 11, 2007 and adjourned to October 23, 2007. Prior to October 11, 2007, approximately 2,555,000 shares, 36 percent of the shares ...
Montreal, Canada (ots/PRNewswire) - TORR Canada Inc. (TSX: TOR) ("TCI"), dedicated to providing water treatment to the Oil & Gas industry, today announced that its shareholders overwhelmingly approved the acquisition of all the shares of Norwegian-based Pure Group AS, a provider of leading technologies for oil, gas and water purification. This acquisition announced on July 30, 2007 will enable TCI to offer a broader ...
Collegeville, Pennsylvania (ots/PRNewswire) - Wyeth Pharmaceuticals, a division of Wyeth (NYSE: WYE), announced today the signing of a definitive agreement under which it has acquired Haptogen Ltd., a Scottish company based in Aberdeen that is focused on the discovery of biopharmaceutical therapies. This acquisition significantly increases Wyeth's already ...
Pittsburgh (ots/PRNewswire) - Mylan (NYSE: MYL) announced today that it has completed its acquisition of Merck KGaA's generics business ("Merck Generics") to become one of the largest quality generics and specialty pharmaceuticals companies in the world. Mylan and Merck KGaA initially announced the signing of a definitive agreement under which Mylan would acquire Merck Generics for EUR 4.9 billion (US$6.8 billion) ...
Pittsburgh (ots/PRNewswire) - Mylan Inc. (NYSE: MYL) today announced the appointment of Didier Barret to the position of President, EMEA (Europe, Middle East and Africa) following the completion of Mylan's acquisition of Merck's Generics Group today. At Merck Generics, M. Barret most recently served as Region Director, EMEA, reporting to the CEO. He was ...
Vancouver, Canada (ots/PRNewswire) - Oremex Resources Inc. (TSX-V: ORM) ("Oremex" or the "Company") announces that it has acquired Minera Montana, S. de R.L. de C.V. ("Montana"). To date, the Company has held its mineral properties in Mexico under an option agreement with Montana while conducting exploration programs on its projects in Mexico. The Company has maintained the mineral properties in good standing with ...
Irvine, California (ots/PRNewswire) - - Leading Proxy Advisor Recommends Shareholders Support Merger IsoTis, Inc. (NASDAQ: ISOT) ("IsoTis"), an orthobiologics company, today announced that Institutional Shareholder Services, ISS, a leading proxy advisor, recommends shareholders support the merger of IsoTis and Integra LifeSciences Holdings Corporation (NASDAQ: IART) ("Integra"). For every M&A analysis, ISS reviews publicly available information and evaluates ...
Pompey, France (ots/PRNewswire) - - Combined Company Will Become one of the Leading Suppliers for the Life Science Industries Groupe Novasep announced today that the company is finalizing discussions to acquire Bahamas-based PharmaChem Technologies (Grand Bahama) Ltd for an undisclosed amount. The combination of Novasep and PharmaChem responds to their ...
Lakewood, Colorado (ots/PRNewswire) - Fronteer Development Group Inc. (TSX and AMEX - FRG)("Fronteer") and NewWest Gold Corporation (TSX - NWG)("NewWest") announced today that at a special meeting held in Toronto on September 13, 2007, shareholders and optionholders of NewWest voted 100% in favour of the ...