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Updated: 2 hours 16 min ago

Audax Private Equity to Acquire Avantor’s Clinical Services Business

Fri, 08/16/2024 - 12:04
SAN FRANCISCO & BOSTON--(BUSINESS WIRE)--Audax Private Equity (“Audax”) announced today it has entered into a definitive agreement to acquire the Clinical Services business of Avantor, Inc. (NYSE: AVTR) (“Clinical Services” or “the Company”). The deal is expected to close in the fourth quarter and is subject to regulatory approvals. Clinical Services provides clinical trial and laboratory supply chain services to pharmaceutical and biotechnology companies, contract research organizations (CROs)

AM Best Affirms Credit Ratings of Fidelidade Moçambique - Companhia de Seguros, S.A.

Fri, 08/16/2024 - 12:04
LONDON--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” (Fair) of Fidelidade Moçambique - Companhia de Seguros, S.A. (Fid Moz) (Mozambique). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Fid Moz’s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profile and marginal enterprise risk management (ERM). Fid Moz’s balance

HarbourVest Partners Closes Latest Secondaries Funds at Record $18.5 Billion

Fri, 08/16/2024 - 12:04
BOSTON--(BUSINESS WIRE)--HarbourVest Partners, a global, independent private markets asset manager, today announced the final close of its eleventh dedicated private equity secondaries fund, Dover Street XI. The fund was oversubscribed and closed at its hard cap of $15.1 billion, including the General Partner’s commitment. In addition, the firm held a final close for Secondary Overflow Fund V, at $3.4 billion for secondary co-investment opportunities. This fundraising cycle was completed withou

PGRU Investors Have the Opportunity to Join Investigation of PropertyGuru Group Limited with the Schall Law Firm

Fri, 08/16/2024 - 12:04
LOS ANGELES--(BUSINESS WIRE)--PGRU Investors Have the Opportunity to Join Investigation of PropertyGuru Group Limited with the Schall Law Firm

MFA Financial, Inc. Announces Third Quarter Dividends on Series B Preferred Stock and Series C Preferred Stock

Fri, 08/16/2024 - 09:04
NEW YORK--(BUSINESS WIRE)--MFA Financial, Inc. (NYSE: MFA) (the “Company”) announced today that its Board of Directors has declared the payment of dividends on the Company’s outstanding 7.50% Series B Cumulative Redeemable Preferred Stock (the “Series B Preferred Stock”) and 6.50% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock (the “Series C Preferred Stock”). In accordance with the terms of the Series B Preferred Stock, the Board of Directors has declared a preferred sto

Laser Photonics Corporation Announces Pricing of $3.0 Million Private Placement

Fri, 08/16/2024 - 09:04
ORLANDO, Fla.--(BUSINESS WIRE)--Laser Photonics Corporation (LPC) (NASDAQ: LASE), a leading global developer of industrial laser systems for cleaning and other material processing applications, today announced that it has entered into a securities purchase agreement with institutional investors for aggregate gross cash proceeds of $3.0 million, before deducting fees to the placement agent and other offering expenses payable by the Company. The Company intends to use the net proceeds from the pr

DriveWealth Recognized on 2024 Inc. 5000’s Fastest-Growing Private Companies in America List

Fri, 08/16/2024 - 09:04
NEW YORK--(BUSINESS WIRE)--DriveWealth, a leading financial technology platform providing Brokerage-as-a-Service, was named to the ranks of the 2024 Inc. 5000, Inc.’s annual list of the fastest-growing private companies in America that was released today. The prestigious rankings provide a data-driven look at the most successful companies within the economy’s most dynamic segment: its independent, entrepreneurial businesses. “DriveWealth's first operating principle is to solve for scale, and it

Acxiom Awarded 2024 Best Customer Intelligence Platform by MarTech Breakthrough

Fri, 08/16/2024 - 09:04
CONWAY, Ark.--(BUSINESS WIRE)--Acxiom, the global leader in customer intelligence and marketing enablement, today announced it has won this year's 'Best Customer Intelligence Platform' in the 7th annual MarTech Breakthrough Awards. Conducted by MarTech Breakthrough, a leading market intelligence organization, this recognition honors Acxiom's trailblazing leadership and innovation in people-based marketing for the omnichannel age. Acxiom's customer intelligence platform integrates high-performan

NOVA Completes Purchase of UGE International

Fri, 08/16/2024 - 09:04
NEW YORK--(BUSINESS WIRE)--NOVA Infrastructure acquires community solar and battery storage company UGE International.

Naples Soap Company to Launch Crowdfunding Offering to Raise up to $5,000,000 with DealMaker, Plan to Uplist to Major National Exchange

Fri, 08/16/2024 - 09:04
NAPLES, Fla.--(BUSINESS WIRE)---- $NASO #naplessoap--Naples Soap Company today announced the launch of an equity offering of up to $5,000,000 in accordance with Regulation Crowdfunding (Reg CF).

Arizona and Nevada Have Lost Tens of Thousands of Registered Democrats Since the Last Presidential Election

Fri, 08/16/2024 - 09:04
SEATTLE--(BUSINESS WIRE)--(NASDAQ: RDFN) — Two swing states—Arizona and Nevada—have not turned blue since the last presidential election, despite an influx of people moving in from California, according to a new report from Redfin (redfin.com), the technology-powered real estate brokerage. Instead, Arizona has lost more than 186,000 registered Democrats since 2020; Nevada has lost 54,000. Arizona’s blue bleed was much bigger than its loss of about 74,000 registered Republicans over the past fou

Wells Fargo & Company Declares Cash Dividends on Preferred Stock

Fri, 08/16/2024 - 09:04
SAN FRANCISCO--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual convertible class A preferred stock, Series L, liquidation preference $1,000 per share, which is traded on the New York Stock Exchange under the symbol “WFCPrL”. The Series L dividend is payable on Sept. 16, 2024, to holders of record as of the close of business on Aug. 30

Qualified Remodeler's ‘TOP 500’ Residential Remodelers Offers Insights on $500 billion R&R Market

Fri, 08/16/2024 - 09:04
CHICAGO--(BUSINESS WIRE)-- #TOP500--The nation's largest home improvement and remodeling firms tallied $21.7 billion in sales on 2.1 million jobs during the year that ended in December.

Press Ganey’s PX Connect Suite Delivers Greater AI-powered Insights with Epic Workshop Integration

Fri, 08/16/2024 - 09:04
CHICAGO--(BUSINESS WIRE)--Press Ganey, the leading provider of experience measurement, data analytics and insights to health systems and health plans, announced an expansion to its PX Connect Suite. The solution allows healthcare organizations to capture and act on patient sentiment and feedback right within Epic. Driving innovation in patient and consumer engagement, along with optimizing electronic health records have become some of healthcare executives’ top priorities. By connecting experie

AN2 Therapeutics Adopts Limited Duration Stockholder Rights Plan

Fri, 08/16/2024 - 09:04
MENLO PARK, Calif.--(BUSINESS WIRE)--AN2 Therapeutics, Inc. (Nasdaq: ANTX), a biopharmaceutical company focused on discovering and developing novel small molecule therapeutics derived from its boron chemistry platform, today announced that it has adopted a limited duration stockholder rights plan, which is scheduled to expire on August 15, 2025. The Company recently became aware of the rapid accumulation of a significant amount (19.3%) of the common stock of the Company by BML Investment Partne

PGRU Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of PropertyGuru Group Limited Is Fair to Shareholders

Fri, 08/16/2024 - 09:04
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of PropertyGuru Group Limited (NYSE: PGRU) to affiliates of BPEA Private Equity Fund VIII Limited for $6.70 per share is fair to PropertyGuru shareholders. Halper Sadeh encourages PropertyGuru shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The inv

Nextdoor to Participate in Upcoming Investor Conferences

Fri, 08/16/2024 - 09:04
SAN FRANCISCO--(BUSINESS WIRE)--Nextdoor to Participate in Upcoming Investor Conferences

AMTD IDEA Rings NYSE Closing Bell to Celebrate 5th Anniversary of Listing

Fri, 08/16/2024 - 06:03
PARIS & NEW YORK & SINGAPORE--(BUSINESS WIRE)--AMTD IDEA Group (“AMTD IDEA Group” or the “Company”) (NYSE: AMTD; SGX: HKB), a NYSE and SGX-ST dual listed company and a subsidiary of AMTD Group Inc. (“AMTD Group”), was invited by the New York Stock Exchange (“NYSE”) to ring the closing bell on August 5 to celebrate its fifth listing anniversary. In honor of the occasion, Dr. Calvin Choi, the founder of AMTD IDEA, rang the closing bell, and Stefan Jekyl, Head of International Listings, NYSE, witn

PropertyGuru Enters into Definitive Merger Agreement to be Acquired by EQT Private Capital Asia for USD 1.1 Billion

Fri, 08/16/2024 - 06:03
SINGAPORE & NEW YORK--(BUSINESS WIRE)--PropertyGuru Group Limited (NYSE: PGRU) (“PropertyGuru” or the “Company”), Southeast Asia’s leading1 property technology (“PropTech”) company, today announced that it has entered into an agreement and plan of merger (the “Merger Agreement”) with affiliates of BPEA Private Equity Fund VIII Limited (“EQT Private Capital Asia”), part of EQT AB, a purpose-driven global investment organization, pursuant to which the Company will be acquired by EQT Private Capit

PATH Investors Have Opportunity to Join UiPath Inc. Securities Fraud Investigation with the Schall Law Firm

Fri, 08/16/2024 - 00:03
LOS ANGELES--(BUSINESS WIRE)--PATH Investors Have Opportunity to Join UiPath Inc. Securities Fraud Investigation with the Schall Law Firm

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