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FTI Consulting Survey: Majority of Private Equity Leaders Say M&A Is Not a Top Priority for 2025
Globenewswire· 2025-06-24 08:30
Core Insights - The 2025 Private Equity Value Creation Index by FTI Consulting reveals that M&A is the least prioritized value creation lever, with only 9% of global private equity leaders considering it their top priority for 2025 [1][2] Group 1: Value Creation Strategies - Private equity firms are focusing heavily on conventional cost levers such as cost structure optimization and supply chain management, while growth strategies are underutilized and face execution challenges [2][4] - Artificial intelligence (AI) has emerged as the top strategic priority for 2025 and is crucial for exit readiness, although it is one of the least frequently used and most challenging levers to implement [3][8] - Technology and IT are the most frequently used value creation levers, with 84% of respondents using them regularly and 77% rating their effectiveness as above average, yet they also present significant execution challenges [8] Group 2: Market Conditions and Trends - The current market environment is characterized by high uncertainty and low growth, leading firms to prioritize cost management as a means to protect value [4][6] - Despite M&A being a traditional tool for value creation, it is now viewed as less effective, with 67% of respondents indicating it takes over a year to realize expected value from such deals [8] - There is a notable gap between ambition and execution in integrating AI into operations, with 42% of private equity leaders acknowledging it as a transformative force, yet it ranks low in actual usage [8] Group 3: Execution and Governance - Successful value creation requires strong operational governance and collaboration among portfolio company leaders, operating partners, and deal teams to ensure common goals and effective communication [8] - The complexity and resource demands of growth strategies contribute to low execution confidence among firms, with commercial levers like pricing optimization and sales and marketing being among the least frequently utilized [8]
eQ Plc Notice pursuant to the Finnish Securities Market Act, Chapter 9, Section 10 – Janne Larma
Globenewswire· 2025-06-24 08:30
Core Viewpoint - Chilla Capital S.A., controlled by Janne Larma, has reduced its ownership in eQ Plc to 14.29%, falling below the 15% threshold as per Finnish Securities Market Act [1][2]. Group 1: Ownership Changes - Chilla Capital S.A.'s shareholding in eQ Plc decreased from 15.50% to 14.29% on June 19, 2025 [1][2]. - The total number of shares and voting rights held by Chilla Capital S.A. is now 5,915,904, representing 14.29% of eQ Plc's shares and voting rights [2]. Group 2: Company Overview - eQ Plc is a Finnish group specializing in asset management and corporate finance, managing approximately EUR 13.6 billion in assets [2]. - eQ Asset Management provides a variety of services, including private equity funds and real estate asset management for both institutions and individuals [2].
eQ Plc Managers' Transactions – Chilla Capital S.A.
Globenewswire· 2025-06-24 08:30
Core Points - eQ Plc's CEO Janne Larma executed a share disposal transaction involving 300,000 shares at a unit price of 11.75 EUR on June 19, 2025 [1] - The total volume of shares disposed was 300,000, with a volume-weighted average price of 11.75 EUR [1] - eQ Group specializes in asset management and corporate finance, managing approximately EUR 13.6 billion in assets [1] Company Overview - eQ Group is a Finnish company focused on asset management and corporate finance services [1] - eQ Asset Management provides a variety of services, including private equity funds and real estate asset management for both institutions and individuals [1] - Advium Corporate Finance, a subsidiary of eQ Group, offers services related to mergers and acquisitions, real estate transactions, and equity capital markets [1]
RARE FERRARI BERLINETTAS LINE UP FOR INAUGURAL BROAD ARROW ZOUTE CONCOURS AUCTION
Globenewswire· 2025-06-24 08:03
Core Viewpoint - Broad Arrow Auctions is set to feature two rare Ferrari models at its inaugural Zoute Concours Auction on October 10, 2025, highlighting the growing interest in high-end collector cars [1][10]. Auction Details - The auction will take place in collaboration with Zoute Grand Prix Car Week in Belgium from October 8-12, 2025, at Approach Golf in Knokke-Heist, showcasing 70 exceptional collector cars [2][10]. Featured Cars - The first featured car is a 1967 Ferrari 275 GTB/4, estimated to sell for €2.7 million to €3.2 million, known for its rarity with only six units delivered in the unique Verde Pino color [1][3]. - The second car is a 1970 Ferrari 365 GTB/4 Daytona "Plexi," one of only two finished in Avorio, with its estimate available upon request [1][6]. Provenance and Rarity - The 1967 Ferrari 275 GTB/4 is highly collectible, with only 330 "four-cams" produced, and it has impeccable provenance, having been maintained in world-renowned collections without requiring a full restoration [3][4]. - The 1970 Ferrari 365 GTB/4 Daytona "Plexi" is notable for its Plexiglas design, which was changed due to U.S. legislation, making these models particularly sought after [6][7]. Historical Significance - The 1967 model has matching numbers throughout, including its four-cam V12 engine, and comes with its original leather pouch and Ferrari Classiche certification [4][5]. - The 1970 model was originally owned by Belgian racing driver Baron Hughes "Hugh" de Fierlant and has undergone a full professional restoration, maintaining its original factory specifications [6][7]. Market Interest - The consignment of these rare Ferrari models indicates strong interest in the upcoming auction, with expectations for additional high-profile consignments in the near future [10].
KH Group: Saurus Oy secured a significant order from Defence Forces
Globenewswire· 2025-06-24 07:45
Group 1 - KH Group's subsidiary Saurus Oy secured an order from Finland's Defence Forces for 14 fire engines and one foam unit, valued at approximately 10 million euros [1] - This order reinforces the long-term relationship between Saurus Oy and Finland's Defence Forces, highlighting the company's role in national security [2] - Nordic Rescue Group, which includes Saurus Oy and Sala Brand AB, reported net sales of 44.2 million euros in 2024, establishing its position as a leading rescue vehicle supplier in the Nordic countries [2] Group 2 - KH Group operates in various business areas, including construction and earth-moving equipment, rescue vehicle manufacturing, and furniture retail [3] - The company's strategy aims to create an industrial group centered around the business of KH-Koneet [3] - KH Group's shares are listed on Nasdaq Helsinki, indicating its presence in the public market [3]
Bulletin from the Extraordinary General Meeting of ZetaDisplay AB (publ)
Globenewswire· 2025-06-24 07:44
Group 1 - The Extraordinary General Meeting (EGM) of ZetaDisplay AB took place on 23 June 2025 [1] - Board member Matthew Peacock was dismissed, and Rob Woodward was elected as a new board member [1] - The remaining board members were re-elected for the period until the next Annual General Meeting [1]
Davis Commodities Limited Announces Results of Extraordinary General Meeting
Globenewswire· 2025-06-24 07:35
Core Viewpoint - Davis Commodities Limited has successfully passed several resolutions at its Extraordinary General Meeting, including the reclassification of its share capital and the adoption of amended articles of association [1][2]. Group 1: Share Capital Alteration - The authorized share capital of the Company is reclassified to US$100,000.11, divided into 232,500,000,000 ordinary shares with a par value of US$0.000000430108 each [1]. - Existing ordinary shares held by shareholders will be re-designated as Class A and Class B ordinary shares, with specific shares held by Davis & KT Holdings Pte. Ltd. and Mr. Lek Pow Sheng, Pauson being classified as Class B [1]. - The total authorized but unissued shares will be reclassified into Class A and Class B ordinary shares, resulting in 232,480,000,000 Class A and 20,000,000 Class B ordinary shares [1]. Group 2: Adoption of Amended Memorandum and Articles - The Company has adopted a third amended and restated memorandum and articles of association, replacing the existing documents [2]. Group 3: Meeting Authorization - The Extraordinary General Meeting has the authority to adjourn if necessary to solicit additional proxies for the approval of the proposed resolutions [3]. Group 4: Company Overview - Davis Commodities Limited is an agricultural commodity trading company based in Singapore, specializing in sugar, rice, and oil and fat products across various markets including Asia, Africa, and the Middle East [4]. - The Company operates under two main brands, Maxwill and Taffy, and provides complementary services such as warehouse handling, storage, and logistics [5]. - As of the fiscal year ended December 31, 2024, the Company distributes its products to customers in over 20 countries through a global network of third-party suppliers and logistics providers [5].
Notice of annual general meeting in Harboes Bryggeri A/S
Globenewswire· 2025-06-24 07:11
Group 1 - The general meeting is scheduled for Thursday, 28 August 2025 [1] - The location of the meeting is Harboes Bryggeri A/S, Spegerborgvej 34, 4230 Skælskør, Denmark [1] - The announcement is categorized as Company announcement no 1 2025-2026 [2]
Fuse Identities launches biometric physical access card powered by FPC’s advanced T-Shape sensor
Globenewswire· 2025-06-24 06:00
Group 1: Product Launch and Features - Fingerprint Cards AB (FPC) announced the launch of a biometric physical access card by its partner, Fuse Identities, featuring the advanced FPC 1323 T-Shape sensor, which enhances secure, contactless identity verification for access control systems [1][4] - The new biometric access card is compatible with MIFARE Classic®, MIFARE DESFire®, and HID iCLASS® technologies, allowing organizations to upgrade security while ensuring system interoperability [2] - The card is designed to store and match biometric data securely on the card itself, rather than in a central database, aligning with GDPR and global privacy regulations [3] Group 2: Market Position and Strategic Importance - The launch of the biometric access card indicates a growing momentum for biometric solutions in the market, with FPC's T-Shape sensor being integrated into innovative products [4] - Fuse Identities emphasizes its commitment to practical and future-ready identity safeguarding, highlighting the importance of collaboration with FPC to enhance performance and trust in their solutions [5] - The biometric card targets key segments including critical infrastructure, enterprise access, and temporary identity solutions for immigrants, addressing significant market demands [7]
EXACT Therapeutics announces first patient dosed in Phase 2 trial in patients with locally advanced pancreatic cancer
Globenewswire· 2025-06-24 06:00
Core Insights - EXACT Therapeutics has initiated its ENACT trial, marking the first patient dosed in a Phase 2 clinical trial for Acoustic Cluster Therapy (ACT) in pancreatic cancer patients [1][2] - The trial aims to address the significant unmet medical need in treating pancreatic cancer, which has over 500,000 new diagnoses globally each year and is known for its high mortality rate [2] - The Phase 2 trial will enroll up to 25 patients across the U.S., U.K., and Europe, following positive results from a Phase 1 trial involving patients with liver metastases of colorectal origin [3] Company Overview - EXACT Therapeutics is a clinical-stage precision medicine company focused on utilizing ultrasound and microbubbles for targeted drug delivery in oncology [4] - The company’s Acoustic Cluster Therapy (ACT) represents a novel approach that may be applicable to various therapeutic agents in oncology and other medical indications, including brain diseases [4] - Shares of EXACT Therapeutics are traded on Euronext Growth Oslo under the ticker EXTX [4]