OXB has signed and closed an asset purchase transaction to acquire a custom-built cell and gene therapy viral vector manufacturing facility in North Carolina from RTP Operating. The acquisition expands OXB’s viral vector manufacturing capabilities in the US up to commercial-scale, increasing GMP capacity and enhancing services to clients across North America. The FDA approved facility in Durham, North Carolina adds scalable vector manufacturing capabilities and end-to-end services across drug substance and ...

This story was originally published on Waste Dive. To receive daily news and insights, subscribe to our free daily Waste Dive newsletter. Name: Nadège Petit a headshot of Nadège Petit New title: CEO of Veolia North America Previous title: Chief innovation officer, Schneider Electric Veolia North America has named Nadège Petit its new CEO effective December 1, a move meant to advance the company’s expansion plans in North America. Petit, who has a background in international business development and inno ...

WASHINGTON (AP) — DoorDash has finalized its acquisition of the U.K. food delivery company Deliveroo, saying Thursday that the boards of both companies approved the nearly $4 billion deal announced earlier this year. Word of DoorDash's interest in Deliveroo began to circulate in April and the San Francisco company quickly confirmed that it had agreed to buy Deliveroo for $3.9 billion in cash. The deal, which was approved by a British court, will help DoorDash to expand its business in Europe, Asia and the ...

Core Insights - DoorDash is expanding into new lines of business, indicating a strategic shift in its operational focus [1] - The delivery services market is becoming increasingly competitive, with overlapping services from various apps [1] - An analyst suggests that experimenting with new business models is a sign of a strong company [1] Company Developments - DoorDash's move into new business areas reflects its ambition to diversify and capture more market share [1] - The company is likely to face challenges as it navigates the competitive landscape of delivery services [1] Industry Trends - The overlap in delivery services among apps highlights a trend towards consolidation and competition in the delivery market [1] - The analyst's perspective emphasizes the importance of innovation and adaptability in the current market environment [1]

Key Takeaways Donaldson's Mobile Solutions unit is boosted by aftermarket growth and recovery in agriculture markets.Industrial Solutions gains from U.S. and Europe demand for dust collection gear and aerospace momentum.Life Sciences expansion via Medica and Univercells deals diversifies into medical devices and water sectors.Donaldson Company, Inc. (DCI) has been benefiting from strength across all segments. Benefits from acquired assets are likely to drive its performance in the quarters ahead.DCI current ...

Core Insights - Standard Premium Finance Holdings, Inc. has appointed Renee Magness as senior account executive to support its strategic expansion in the Midwest region [1][3] - Magness has over fifteen years of experience in premium finance, managing receivables portfolios valued over $100 million and maintaining industry-leading cancellation ratios [2] - The company has financed premiums on over $2 billion of property and casualty insurance policies since 1991 and operates in 38 states [4] Company Strategy - The appointment of Magness is aimed at driving growth across the Midwest by leveraging her expertise in client development, operational excellence, and portfolio management [3] - The company is focused on expanding its footprint westward and deepening relationships with agents to capture new opportunities [3] - Standard Premium is also seeking M&A opportunities with synergistic businesses to leverage economies of scale [4]

Group 1 - Tega Industries Ltd. plans to raise up to Rs 4,000 crore through equity and equity-linked instruments, with the fundraising to be conducted in one or more tranches based on market conditions and business needs [1][2] - The capital will be raised through various permissible routes including public issues, preferential allotments, private placements, or Qualified Institutional Placements, with final decisions on structure, timing, pricing, and investors to be made in consultation with merchant bankers [2] - The board has approved increasing the company's borrowing powers by Rs 2,000 crore to enhance debt capacity for growth and strengthen the balance sheet [3] Group 2 - The overall ceiling on investments, loans, guarantees, or financial support to other entities has been approved to increase up to Rs 4,000 crore [3] - The management has been authorized to create charges, hypothecation, mortgages, or pledges on the company's assets to secure borrowings, which may include substantial undertakings [4] Group 3 - Tega Industries has agreed to acquire control of Omaha-based mining equipment maker Molycop at an enterprise valuation of $1.5 billion, marking the largest US deal by an Indian company in three years [5] - Tega will hold a 77% stake in Molycop, with the acquisition being conducted in consortium with funds managed by Apollo Global Management Inc. [5]

Australia's Cobram Estate Olives (CBO) has received commitments for funding of A$175m ($115.6m) to fund its US expansion. CBO said it had completed a share placement with institutions priced at A$3.2 per share. The company plans to raise an extra A$10m through a non-underwritten "share purchase plan". In a statement yesterday (9 September), the producer of the Cobram Estate olive-oil brand said the funds will be directed towards buying land on which it would develop around 1,600ha of olive groves. CBO ...

Core Viewpoint - Pandora is expanding its distribution capabilities in North America by building a larger distribution center in Maryland to support its growth in the region, which is its largest and fastest-growing market [1][2]. Group 1: Expansion Plans - The new distribution facility in Anne Arundel, Maryland, will increase Pandora's distribution footprint in the U.S. by nearly 80% [2]. - Construction of the new facility is set to begin this month, with an expected opening in the first half of 2026 [2]. Group 2: Market Performance - Pandora has reported a 12% organic growth in the U.S. during the first half of 2025, attributed to strong in-store and online traffic [1]. - The company's U.S. revenue has more than doubled from 2020 to 2024, indicating significant growth in this market [1]. Group 3: Workforce - The company employs approximately 8,000 people in the U.S., which accounts for nearly 22% of its global workforce [3].

Core Viewpoint - Nukkleus, Inc. has announced a private placement to raise approximately $10 million to fund strategic acquisitions and business expansion initiatives in the Aerospace and Defense sectors [1][2]. Funding Details - The private placement includes a $9.5 million investment from Esousa Group Holdings, LLC and a $500,000 investment from Sixth Borough Capital Fund, LP [1]. - The company will issue 200 units at a price of $50,000 each, consisting of Series A convertible preferred stock and common warrants [2]. Securities Information - Each Series A convertible preferred stock has a stated value of $50,000 and can be converted into 10,224 unregistered shares of common stock at a conversion price of $4.89 per share [2]. - Common warrants allow the purchase of one share of unregistered common stock at an exercise price of $5.405 per share [3]. Acquisition Plans - The net proceeds will be used for acquiring Tiltan Software Engineering Ltd., a defense market AI software provider, and 51% of Star 26 Capital, which owns RIMON, a supplier for the Iron Dome missile defense system [6]. - The company plans to establish advanced manufacturing zones in the Baltics and Israel through a joint venture with Mandragola Ltd. [6]. - Nukkleus aims to commercialize a drone payload license from Blade Ranger Ltd., marking its entry into commercial aviation services [6]. Closing and Regulatory Information - The closing of the private placement is expected around September 9, 2025, pending customary closing conditions [4]. - The securities are being offered in a private placement exempt from registration requirements under the Securities Act of 1933 [5]. Company Overview - Nukkleus focuses on acquiring and scaling suppliers in the defense, aerospace, and advanced manufacturing sectors, targeting Tier 2 and Tier 3 companies [9]. - The company aims to integrate operational capabilities and financial discipline to modernize and expand strategic suppliers, supporting dual-use innovation and resilient supply chains [10].