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Indosat Ooredoo Hutchison and Nokia partner to reduce energy demand and support AI-powered, sustainable operations
Globenewswire· 2025-07-07 05:00
Core Insights - Indosat Ooredoo Hutchison partners with Nokia to implement energy-efficient solutions aimed at reducing energy demand and carbon emissions across its radio access network [1][11] - The collaboration utilizes AI and machine learning to optimize network operations, allowing for automatic adjustment of idle equipment during low demand periods [2][11] - This initiative is part of Indosat's transformation into an AI-driven technology company, focusing on sustainability and operational excellence [4][5] Energy Efficiency Solutions - Nokia Energy Efficiency is designed to cut energy costs and carbon footprint without compromising network performance or customer experience [3] - The solution is available in a SaaS model, which minimizes upfront capital expenditure and maintenance needs [2][11] - The deployment of this solution can be completed within weeks, enhancing operational agility [3] Sustainability Commitment - Indosat has received regional recognition for its sustainability efforts, being the first operator in Southeast Asia to achieve ISO 50001 certification for energy management [6] - The partnership builds on a successful pilot project that demonstrated significant energy consumption reductions in live network conditions [6][7] - Indosat's commitment to environmental stewardship is emphasized by its use of AI to optimize performance while reducing emissions [5][8] Technological Advancements - Nokia's Autonomous Networks portfolio, which includes the Energy Efficiency solution, leverages advanced AI for enhanced security, analytics, and operational capabilities [9][10] - The Autonomous Networks Fabric integrates observability, analytics, security, and automation across network domains, allowing for a unified adaptive system [10] - This collaboration positions Indosat as a leader in sustainable digital innovation, contributing to a smarter and greener Indonesia [11]
Capgemini to acquire WNS to create a global leader in Agentic AI-powered Intelligent Operations
Globenewswire· 2025-07-07 05:00
Core Insights - Capgemini is set to acquire WNS for $76.50 per share, totaling $3.3 billion, which represents a premium of 28% over the last 90-day average share price [2][5] - The acquisition is expected to enhance Capgemini's normalized EPS by 4% in 2026 and 7% in 2027 post-synergies [2][20] - The transaction has been unanimously approved by the boards of both companies and is anticipated to close by the end of the year [5][22] Strategic Rationale - The acquisition aims to create a leader in Intelligent Operations, leveraging Agentic AI to transform business processes [3][12] - Capgemini will gain scale and vertical expertise to capitalize on the shift from traditional Business Process Services (BPS) to AI-powered operations [3][5] - WNS's high-growth Digital BPS will enhance Capgemini's service offerings and increase its presence in the US market [4][10] Financial Impact - The combined entities are projected to generate revenues of €1.9 billion in Digital BPS by 2024 [10] - WNS has shown a consistent revenue growth of approximately 9% over the last three fiscal years, reaching $1,266 million in fiscal year 2025 with an 18.7% operating margin [8][9] - Capgemini expects revenue synergies of €100 million to €140 million and cost synergies of €50 million to €70 million by the end of 2027 [20] Market Positioning - The acquisition positions Capgemini to meet the growing demand for AI-driven business process transformation, addressing client needs for efficiency and agility [3][12] - The combination of Capgemini and WNS will create a robust platform for innovation and growth, enhancing their competitive edge in the market [6][17] - Both companies share a vision for Intelligent Operations, which will facilitate a smooth integration and unlock new opportunities for clients [6][21]
Apogee Therapeutics to Host Conference Call to Report Part A 16-Week Data from the Phase 2 APEX Trial of APG777 in Patients with Moderate-to-Severe Atopic Dermatitis on July 7, 2025
Globenewswire· 2025-07-06 22:00
Company Overview - Apogee Therapeutics, Inc. is a clinical-stage biotechnology company focused on developing novel biologics for inflammatory and immunology (I&I) markets, targeting conditions such as atopic dermatitis (AD), asthma, eosinophilic esophagitis (EoE), and chronic obstructive pulmonary disease (COPD) [3] - The company aims to overcome limitations of existing therapies by utilizing advanced antibody engineering to optimize properties like half-life, with a focus on achieving best-in-class efficacy and dosing through monotherapies and combinations of its novel antibodies [3] Upcoming Events - Apogee Therapeutics will report Part A 16-week data from the Phase 2 APEX trial of its lead program APG777 on July 7, 2025, followed by a conference call and webcast at 8:00 a.m. ET to discuss the results [1][2] Product Pipeline - APG777 is the most advanced program of Apogee, initially developed for the treatment of atopic dermatitis, which is identified as the largest and one of the least penetrated I&I markets [3] - The company has four validated targets in its portfolio, indicating a broad pipeline and depth of expertise aimed at delivering value and meaningful benefits to patients underserved by current standard care [3]
Kvika banki hf: The Board of Kvika banki hf. approves merger discussions with Arion banki hf.
Globenewswire· 2025-07-06 21:28
Group 1 - The Board of Kvika banki hf. has approved the request from the Board of Arion banki hf. to initiate formal merger discussions [1] - A letter of intent has been signed by both parties regarding the merger [1] - The proposed share price for Kvika bank is ISK 19.17 and for Arion bank is ISK 174.5, with Kvika shareholders receiving 485,237,822 new shares in the merged entity, reflecting 26% ownership [2] Group 2 - Negotiations are expected to take place over the coming weeks, with further updates to be provided in accordance with statutory disclosure obligations [3] - This notice serves as a disclosure of inside information per article 7 of regulation (EU) No 596/2014 on market abuse [3]
SalMar – Q2 2025 Trading update
Globenewswire· 2025-07-06 16:00
Group 1 - Consolidated harvest volumes for Q2 2025 total 64.5 thousand tonnes gutted weight, with specific contributions from various regions: 33.9 from Farming Central Norway, 20.6 from Farming Northern Norway, 6.0 from SalMar Ocean, and 4.0 from Icelandic Salmon [1] - The Q2 2025 report is scheduled for release on Thursday, 21 August at 06:30 CEST, followed by a presentation available through Norwegian webcast at 08:00 CEST and an English webcast recording at 10:00 CEST [1] - The presentation will take place in Oslo instead of Trondheim as previously announced [1]
High Arctic Overseas Issues Clarifying News Release
Globenewswire· 2025-07-05 05:45
Group 1 - High Arctic Overseas Holdings Corp. has clarified the qualifications of its Chief Financial Officer, Matthew Cocks, who became a Chartered Accountant in 2010 but is not currently a member of the Institute of Chartered Accountants Australia & New Zealand [1] - The appointment of Mr. Cocks as CFO has been accepted by the TSX Venture Exchange [2] - High Arctic Overseas is a market leader in Papua New Guinea, providing drilling and specialized well completion services, manpower solutions, and rental equipment [3]
Christina Lake Cannabis Announces Filing of Audit Financial Statements
Globenewswire· 2025-07-05 02:26
Core Points - Christina Lake Cannabis Corp. has filed its audited financial statements for the year ended February 28, 2025, on SEDAR+ [1] - The completion of the Annual Filings is expected to lead to the revocation of the management cease trade order, allowing directors and officers to trade the Company's securities again [2] Company Overview - Christina Lake Cannabis is a licensed cannabis producer under the Cannabis Act, holding a standard cultivation license and processing amendment from Health Canada [3] - The Company's facility spans 32 acres with over 950,000 square feet of outdoor grow space, including offices, propagation and drying rooms, research facilities, and processing and extraction areas [3] - The Company focuses on producing high-quality extracts and distillates for its B2B clients, utilizing proprietary strains developed for outdoor cultivation to enhance extraction quality [3]
Grupo Aeroportuario Del Pacifico Presents The Sustainability Report 2024
Globenewswire· 2025-07-05 01:17
Core Insights - Grupo Aeroportuario del Pacífico, S.A.B. de C.V. (GAP) has released its 2024 Sustainability Report, detailing its environmental, social, and corporate governance (ESG) performance across its airport network [1][2]. Company Overview - GAP operates 12 airports in Mexico's Pacific region, including major cities like Guadalajara and Tijuana, and tourist destinations such as Puerto Vallarta and Los Cabos [4]. - The company was listed on the New York Stock Exchange in February 2006 and on the Mexican Stock Exchange [4]. - GAP has expanded its operations internationally, acquiring a majority stake in MBJ Airports Limited in Jamaica and entering a concession agreement for the Norman Manley International Airport [4]. Sustainability Reporting - The 2024 Sustainability Report covers the period from January 1 to December 31, 2024, and adheres to the Global Reporting Initiative (GRI) Standards and the Sustainability Accounting Standards Board (SASB) framework [2]. - The report also considers the International Financial Reporting Standards (IFRS) S1 and S2 for sustainability and climate-related financial disclosures [2]. Additional Information - The full report is accessible on GAP's website under the "Investors" section [3]. - GAP has implemented a whistleblower program in compliance with the Sarbanes-Oxley Act, allowing anonymous reporting of suspected violations [6].
Prime Drink Group Announces Change of Auditor
Globenewswire· 2025-07-05 00:30
Core Points - Prime Drink Group Corp. has changed its auditors from MNP LLP to Horizon Assurance LLP [1] - The Former Auditor resigned on June 25, 2025, and the Successor Auditor was appointed effective June 30, 2025 [1] - There were no reservations in the Former Auditor's audit reports for the relevant period [2] - The Company filed a Change of Auditor Notice on July 3, 2025, in compliance with National Instrument 51-102 [2] - Both auditors confirmed agreement with the statements in the respective Notices [2] Company Information - The appointment of the Successor Auditor will remain effective until the next Annual General Meeting of the Company [1] - There were no reportable events between the Former Auditor and the Company as defined in NI 51-102 [2]
Stallion Uranium to Resume Trading on the TSX-V and Enters into Agreement to Sell Shares of 1503571 B.C. LTD.
Globenewswire· 2025-07-05 00:19
Core Viewpoint - Stallion Uranium Corp. has received approval from the TSX Venture Exchange to resume trading of its common shares, effective July 7, 2025, following the revocation of a Cease Trade Order due to previous filing failures [1][2]. Group 1: Trading Resumption - The TSX Venture Exchange has approved the resumption of trading for Stallion's common shares, effective July 7, 2025 [1]. - The approval follows the revocation of a Cease Trade Order issued by the British Columbia Securities Commission on May 7, 2025, due to the company's failure to file its audited annual financial statements for the year ended December 31, 2024 [2]. Group 2: Heads of Agreement - Stallion has entered into a binding Heads of Agreement with 1503571 B.C. Ltd. and Resolution Minerals Ltd. for the acquisition of all issued shares of 150 BC [1][6]. - Stallion's interest in the transaction includes 11,111,111 shares of 150 BC, acquired in connection with the Horse Heaven Property [6]. Group 3: Transaction Details - The transaction involves RML making payments to the shareholders of 150 BC, including 444,812,889 fully paid ordinary shares, 222,406,445 options to acquire shares, and cash payments totaling A$1,000,000 [7]. - Stallion's anticipated share of the consideration includes 59,466,963 shares, 29,733,482 options, and cash payments of A$145,033, with shares subject to a contractual escrow [8]. Group 4: Company Focus - Stallion Uranium is focused on exploring its portfolio in the Athabasca Basin, known for its high-grade uranium deposits, and aims to provide updates on upcoming exploration activities [5][10].