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Archive by category Financial Announcements

WillScot Mobile Mini to Acquire McGrath RentCorp for $3.8 Billion, Enhancing Its Position as the North American Leader in Turnkey Space Solutions

60% Cash and 40% Stock Transaction Provides McGrath RentCorp Shareholders with $123 Per Share and Upside through Approximately 12.6% Stake in Combined Company Significant Near-Term Synergies Expected Given WillScot Mobile Mini’s Track Record of Integrating Acquisitions and Exceeding Identified Synergy Targets Strong Financial Profile, with Combined 2023 Revenues of $3.2 Billion and Adjusted EBITDA of [...]

Philips Delivers Strong Full-year Results; Agrees with FDA on Terms of Consent Decree Focused on Philips Respironics in the US

January 29, 2024 (Korea Bizwire) Delivers strong sales growth, improved profitability, and strong cash flow in 2023 through solid execution of first year of 2023-2025 plan Agrees with FDA on terms of consent decree focused on Philips Respironics in the US, providing clarity and a roadmap to demonstrate compliance and to restore the business [...]

Sportradar Announces Additional Strategic Actions to Streamline Organizational Structure and Drive Growth and Innovation

Names Executive Leadership Team to Oversee Global Functions Company Reaffirms Fiscal 2023 Guidance and Fiscal 2024 Outlook ST. GALLEN, Switzerland, Jan. 24, 2024 (Korea Bizwire) – Sportradar Group AG (NASDAQ: SRAD) (“Sportradar” or the “Company”) today announced additional strategic actions as part of its previously announced initiatives to streamline its organizational structure to enhance focus [...]

AGF Management Limited Reports Fourth Quarter and Fiscal Year 2023 Financial Results

TORONTO, Jan. 24, 2024 (Korea Bizwire) – Reported quarterly adjusted diluted earnings per share of $0.28 Total assets under management and fee-earning assets of $42.2 billion Growth of 18.5% in ETFs and SMA AUM year over year Quarterly dividend of $0.11 per share AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial [...]

Annual Anaqua Data Report Finds 2023 Patent Grant Volume Holds Steady

Analysis of USPTO IP data indicates continued innovation among US-based and global companies BOSTON, Jan. 23, 2024 (Korea Bizwire) – Anaqua, the leading innovation and intellectual property (IP) management technology provider, today announced its annual analysis of USPTO data using its advanced AcclaimIP patent analytics software. The analysis found that patent grants grew nearly one-half of one percent [...]

American Energy Storage Innovations Secures Major Purchase Order for TeraStor Systems from Solway Development LLC

BOSTON, Jan. 23, 2024 (Korea Bizwire) – Today, American Energy Storage Innovations, Inc. (AESI), a leading provider of ultra-dense, safe, efficient and reliable energy storage solutions (ESS), announced a significant purchase order from Solway Development LLC (Solway) for its innovative TeraStor™ ESS. This agreement marks another milestone in AESI’s mission to accelerate the adoption of [...]

Abpro Announces Filing of Registration Statement on Form S-4 in Connection with Business Combination Agreement with Atlantic Coastal Acquisition Corp. II

WOBURN, Mass. and NEW YORK, Jan. 22, 2024 (Korea Bizwire) – Abpro Corporation (“Abpro”), a biotech company with the mission of improving the lives of mankind facing severe and life-threatening diseases with next-generation antibody therapies, and Atlantic Coastal Acquisition Corp. II (NASDAQ: ACAB), a special purpose acquisition company (“Atlantic Coastal”), today announced the filing of [...]

Copenhagen Infrastructure Partners Takes Final Investment Decision and Commences Construction of 300 MW Onshore Wind Project in India

Onshore wind project Hatalageri in the State of Karnataka, India, is the first project from CIP’s partnership with Viviid Renewables to reach final investment decision. COPENHAGEN, Denmark, Jan. 11, 2024 (Korea Bizwire) – Copenhagen Infrastructure Partners (CIP) through its Growth Markets Fund I (CI GMF I) has taken final investment decision on a 300 MW [...]

EMGA Secures a Commitment for USD 30.0 Million Senior Debt Finance for Citizens Development Business Finance PLC in Sri Lanka

LONDON, Jan. 10 (Korea Bizwire) — Emerging Markets Global Advisory LLP (EMGA), an investment bank specializing in emerging markets, has successfully secured a commitment for USD 30.0 million in senior debt finance for Citizens Development Business Finance PLC (CDB) based in Sri Lanka. EMGA originated, structured, and negotiated this financing arrangement, with the financial support [...]

Constellation Brands Prices Offering of Senior Notes

VICTOR, N.Y., Jan. 9 (Korea Bizwire) – Constellation Brands, Inc. (NYSE: STZ), a leading beverage alcohol company, announced today that it priced the public offering of $400.0 million aggregate principal amount of 4.800% Senior Notes due 2029 (the “notes”) for a public offering price of 99.889% of the principal amount of the notes. The notes will [...]