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Danone further accelerates its Renew transformation and announces the next stage of its leadership structure
Globenewswire· 2025-08-26 06:30
Core Insights - Danone is evolving its leadership structure to operate through three geographical divisions: EMEA, Asia Pacific, and Americas, enhancing agility and market impact as part of its Renew Danone strategy [1][3] - The company aims to accelerate its transformation with a more compact and simpler organization at the top [3] - Danone generated €27.4 billion in sales in 2024, with a mission to bring health through food to as many people as possible [4] Leadership Changes - Christian Stammkoetter, President for Asia, Africa, and the Middle East, will leave Danone after 19 years, remaining in his role until the end of the year [2] - Pablo Perversi is appointed President EMEA, Bruno Chevot is appointed President APAC, and Henri Bruxelles is appointed President Americas [6] - Laurent Sacchi will lead Sustainability efforts to further the company's health mission through sustainability and social impact [2] Strategic Goals - Danone's Renew strategy focuses on restoring growth, competitiveness, and long-term value creation [4] - The company aims to achieve B Corp certification globally by 2025, reflecting its commitment to sustainability [4]
Publication of statement by the Board of Directors in respect of the takeover offer to the shareholders of Bavarian Nordic from the consortium led by Nordic Capital and Permira
Globenewswire· 2025-08-26 06:15
Core Viewpoint - Bavarian Nordic A/S is undergoing a voluntary public takeover offer from Innosera ApS, backed by Nordic Capital Fund XI and Permira, with the Board of Directors recommending shareholders accept the offer as it presents immediate and attractive value [1][2]. Company Overview - Bavarian Nordic has evolved into a leading vaccine company since 2018, receiving multiple unsolicited inquiries for potential takeover bids [2]. - The company specializes in innovative vaccines, including mpox and smallpox vaccines, and has a strong portfolio of travel vaccines [4]. Offer Details - The Board of Directors has conducted a thorough analysis of the takeover offer, considering the company's financials, performance, and future prospects [2]. - The offer is positioned as an opportunity for shareholders to realize immediate value, which the Board finds attractive [2]. - The Board Statement regarding the offer is available in both Danish and English, with the Danish version prevailing in case of discrepancies [2][3]. Communication and Availability - Offer-related documents, including the Board Statement, are accessible on Bavarian Nordic's website, with notifications sent to registered shareholders [3].
Publication of offer document in respect of the takeover offer to the shareholders of Bavarian Nordic from the consortium led by Nordic Capital and Permira and lowering of minimum acceptance condition to 75%
Globenewswire· 2025-08-26 06:09
Core Viewpoint - Innosera ApS, controlled by Nordic Capital Fund XI and Permira, has made a voluntary all-cash takeover offer for Bavarian Nordic A/S at DKK 233.0 per share, with a revised minimum acceptance condition of 75% of shares [1][3]. Group 1: Offer Details - The takeover offer is for all issued and outstanding shares of Bavarian Nordic, excluding treasury shares [1]. - The offer document has been approved by the Danish Financial Supervisory Authority and includes an acceptance form [1]. - The initial minimum acceptance condition was over 90% but has been lowered to 75% [3]. Group 2: Shareholder Guidance - Shareholders are advised to read the Offer Document and the forthcoming Board Statement in full before making a decision [4]. - The Board of Directors will issue a statement regarding the Offer as soon as possible [2]. Group 3: Company Background - Bavarian Nordic is a global vaccine company focused on innovative vaccines, including mpox and smallpox vaccines, and has a strong portfolio of travel vaccines [7].
Alstom S.A: Alstom to supply trains, signalling solutions and maintenance for Mumbai Metro Line 4
Globenewswire· 2025-08-26 06:00
Company Overview - Alstom has been commissioned to supply 234 Metropolis metro cars and a Communications Based Train Control (CBTC) signalling system for the Mumbai Metro Line 4 project, valued at a few hundred million euros [1] - The project is part of the Integrated Systems Package awarded to Larsen & Toubro Limited by the Mumbai Metro Regional Development Authority [1][2] Project Details - Mumbai Metro Line 4 is a 35.3 km elevated corridor with 32 stations, enhancing connectivity with existing transport systems [2] - The Metropolis trainsets will be designed in Bangalore and manufactured at Alstom's Sri City facility in Andhra Pradesh, with components sourced from various locations in India [4] Technology and Expertise - Alstom is a leader in the mass transit market and has over 30 years of expertise in CBTC technology, with 190 metro lines equipped worldwide [5][12] - The CBTC technology will enable driverless operation, significantly reducing travel time and CO2 emissions [9][11] Maintenance and Services - Alstom will provide five years of maintenance services for the metro cars and signalling systems to ensure reliability and safety [8][11] - The FlexCare Perform maintenance services will cover comprehensive maintenance for the 234 Metropolis cars [8] Contribution to Urban Mobility - Alstom's solutions are expected to alleviate traffic congestion in Mumbai, contributing to the city's expanding public infrastructure [9][10] - The company has a long-standing presence in Mumbai's metro network, with previous projects including the Aqua Line, which serves over 1.6 million passengers daily [6]
Pulsar Helium Reports Jetstream #1 Flowing Over 1.3 Million Cubic Feet Per Day and Launches Multi-Well Drilling Program at Topaz
Globenewswire· 2025-08-26 06:00
Core Viewpoint - Pulsar Helium Inc. is advancing its Topaz helium project in Minnesota, having secured a drilling contract with Timberline Drilling Inc. to drill up to ten wells, with operations expected to start in late September 2025. Recent flow testing results from the Jetstream 1 well indicate significant helium production potential, flowing over 1.3 million cubic feet per day under compression, highlighting the reservoir's exceptional capabilities [1][3][5]. Operational Update - The company has executed a Master Services Agreement with Timberline Drilling Inc. for a core drilling program at the Topaz project, targeting helium-bearing formations at depths of approximately 3,937 feet (1,200 meters) [4][5]. - Drilling is set to begin in late September 2025, with continuous operations planned to efficiently complete the program [5][6]. - The Jetstream 1 well achieved a peak gas flow rate of approximately 1.3 million cubic feet per day (MMcf/d) during flow testing, confirming a clean, helium-bearing gas stream with no formation water [5][10]. Drilling Program Details - The drilling program aims to delineate the extent and productivity of the helium reservoir at Topaz, with up to ten wells planned to provide flexibility in targeting optimal production areas [8]. - Pulsar has budgeted for the program and made an advance payment of US$70,000 for the blowout preventer to secure rig and crew availability [8]. - All necessary permits are in place for the initial three well locations [8]. Flow Test Results - Jetstream 1 was flow-tested with a peak gas flow rate of approximately 1.3 million cubic feet per day, significantly exceeding previous benchmarks [10][11]. - Jetstream 2 exhibited an initial gas flow of roughly 40–50 thousand cubic feet per day, with a strong initial shut-in pressure, indicating high reservoir potential despite some flow restrictions [12][14]. Strategic Partnerships - Pulsar is collaborating with Chart Industries to model production scenarios for helium and co-produced CO₂, utilizing data from Jetstream 1 to guide the design of gas processing and liquefaction equipment [11][12].
Valstybės investicinis kapitalas UAB unaudited financial information for the six months of 2025
Globenewswire· 2025-08-26 05:45
Group 1 - The company Valstybės investicinis kapitalas UAB has submitted its unaudited interim financial statements for the six-month period ending on June 30, 2025 [1][2] - The financial statements are prepared in accordance with the International Financial Reporting Standards as adopted by the European Union [1][2] Group 2 - The contact person for inquiries regarding the financial statements is Vaidas Daktariunas, the Chief Executive Officer of Valstybės investicinis kapitalas UAB [3] - Contact details include a phone number and an email address for further communication [3]
EHang Deepens Partnership with Hefei Government to Establish VT35 Series Long-Range eVTOL Product Hub in Hefei
Globenewswire· 2025-08-26 05:39
Core Insights - EHang Holdings Limited has signed an investment cooperation agreement with the Hefei government to establish a product hub for its VT35 series eVTOL aircraft, enhancing its strategic presence in East China [1][2] - The total investment for this partnership is estimated at approximately RMB 1 billion, with the Hefei government providing support valued at around RMB 500 million [2] - The VT35 series is designed for medium- to long-distance air mobility and features advanced autonomous flight control and propulsion systems, building on the previous VT30 prototype [3] Investment and Development - The partnership aims to create a comprehensive base for the VT35 series, covering R&D, testing, manufacturing, airworthiness certification, supply chain management, sales, operations, and talent development [1][2] - EHang's Type Certificate application for the VT35 has been accepted by the Civil Aviation Administration of China and is currently under review, with plans to obtain necessary certifications for various operations [4] Strategic Goals and Future Plans - EHang's collaboration with Hefei is expected to accelerate the industrialization of the VT35 series and enhance the low-altitude economy in the region [2][5] - The company aims to attract high-quality projects and expand into logistics, fire protection, and tourism sectors, contributing to the development of a robust industrial ecosystem [5] - EHang's CEO highlighted the importance of Hefei's supply chain and policies in facilitating innovation and operational efficiency for advanced air mobility [6]
Sinopec deploys 65,000 Sercel land nodes for complex 3D survey in Mexico
Globenewswire· 2025-08-26 05:30
Sinopec deploys 65,000 Sercel land nodes for complex 3D survey in Mexico Paris, France – August 26, 2025 Viridien has announced that its Sensing & Monitoring business line, marketed under the Sercel brand, has sold and successfully delivered a complete land nodal acquisition system to Sinopec, one of the world’s leading energy companies. The system, featuring 65,000 WiNG nodes, is currently being deployed to acquire a 3D seismic survey spanning approximately 3,000 square kilometers in the Tabasco and Veracr ...
Sampo plc’s share buybacks 25 August 2025
Globenewswire· 2025-08-26 05:30
Sampo plc, stock exchange release, 26 August 2025 at 8:30 am EEST Sampo plc’s share buybacks 25 August 2025 On 25 August 2025, Sampo plc (business code 0142213-3, LEI 743700UF3RL386WIDA22) has acquired its own A shares (ISIN code FI4000552500) as follows: Sampo plc’s share buybacksAggregated daily volume (in number of shares)Daily weighted average price of the purchased shares*Market (MIC Code) 5,3409.90AQEU 113,3209.91CEUX 42,6399.91TQEX 164,2519.91<td style="width:5cm ...
Nicox Announces Shareholder Q&A Webpage Available
Globenewswire· 2025-08-26 05:30
Press Release Nicox Announces Shareholder Q&A Webpage AvailableAugust 26, 2025 – release at 7:30 am CET Sophia Antipolis, FranceNicox SA (Euronext Growth Paris: FR0013018124, ALCOX), an international ophthalmology company, today announced that a new webpage “Q&A” is available on the company’s website, www.nicox.com, including information on the most frequently asked questions for shareholders in the form of a Q&A about Nicox and its business. The Q&A page can be reached here: Q&A Any investor questions can ...