HENGELO, The Netherlands, Sept. 3 (Korea Bizwire) — Energy management company Lithium Werks (www.lithiumwerks.com), known for its Nanophosphate™ Cells and its smart lithium-ion modules, is merging with fellow lithium battery developer and producer Super B (www.super-b.com). The new global company serves over 1,000 customers in nearly 50 countries and offers jobs to over 550 employees. [...]
SEOUL, Jul. 3 (Korea Bizwire) — South Korea’s government is facing another investor-state dispute (ISD) lawsuit from a U.S. fund over a controversial merger of two Samsung Group companies in 2015. The Ministry of Justice said in a release on Tuesday that it has received a notice of intent from Mason Capital Management, seeking US$175 [...]
BARCELONA, Spain, Jul. 2 (Korea Bizwire) — Fluidra, S.A. (BME:FDR) and Zodiac Pool Solutions (“Zodiac”) have closed their merger, which was announced in November 2017. The combined company will keep the Fluidra name and remain listed on the Spanish stock exchange. The company is well positioned for growth, driven by its enhanced portfolio of highly [...]
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES TORONTO, Jun. 6 (Korea Bizwire) — Nueva Granada Gold Corp. (“the Company” or “NG Gold”) is pleased to announce that it has concluded a merger transaction involving Lemuria Royalties Corp and certain assets of the refining division of Sun Valley [...]
PROVIDENCE, R.I., May 21 (Korea Bizwire) — Providence-based Virgin Pulse and Minneapolis-based RedBrick Health announced today that the industry pioneers will merge, creating the world’s largest, most comprehensive digital health and engagement company. This powerful combination will deliver the industry’s only fully integrated digital platform, with benefits navigation and live coaching to support global clients [...]
WILMERDING, Pa. and CHICAGO, May 21 (Korea Bizwire) — Wabtec Corporation (NYSE:WAB) has entered into a definitive agreement to combine with GE Transportation, a unit of General Electric Company (NYSE:GE). The combination will make Wabtec a Fortune 500, global transportation leader in rail equipment, software and services, with operations in more than 50 countries. Under [...]
SEJONG, Dec. 21 (Korea Bizwire) — A Samsung Group affiliate will be required to sell an additional stake in the de facto holding company of South Korea’s No. 1 conglomerate as a merger that took place in 2015 has effectively strengthened cross-shareholding ties within the business group, the country’s corporate watchdog said Thursday. In 2015, [...]
SEOUL, Dec. 19 (Korea Bizwire) — CJ Logistics Corp., the logistics arm of South Korea’s food and entertainment conglomerate CJ Group, said Tuesday it will absorb and merge with the group’s construction unit as part of efforts to hone its competitiveness. The merger ratio will be one CJ Logistics share for every 0.54 CJ Engineering [...]
LAS VEGAS, Sept. 20 (Korea Bizwire) — NRT Technology Corp. (“NRT”) a leading provider of integrated ticket redemption and payment services to global casino operators, and Sightline Payments (“Sightline”), developers of the disruptive Play+ platform that’s powering the next generation of cashless and mobile gaming payment solutions, announced today an agreement to merge. The company [...]
LONDON and DENVER, May 30 (Korea Bizwire) — Janus Capital Group Inc. and Henderson Group plc today announce the completion of an all-stock merger of equals to form Janus Henderson Group plc (Janus Henderson). Concurrent with Henderson Group plc’s delisting from the London Stock Exchange, today Janus Henderson lists its shares on the New York [...]