ARKO Corp., a NASDAQ-listed convenience store operator, has agreed to acquire Pride Convenience Holdings for around $230 million, excluding the value of inventory. The acquisition of the convenience store operator in Northeast US will be executed by ARKO’s fully-owned subsidiary GPM Investments. As part of the transaction, ARKO will acquire 31 convenience stores, which include […]
Evera, a ride hailing platform in the Delhi NCR region owned by Prakriti E-Mobility, will receive an additional 2,000 XPRES T electric vehicles (EVs) from Tata Motors as part of the latter’s efforts to accelerate the transition to sustainable transportation. Launched in July 2021, Tata Motors’ XPRES-T electric sedan comes with two range options, which […]
Welcome to Business-News-Today.com company profile page on Canton Co-operative Bank profile and Canton Co-operative Bank news and updates. Canton Co-operative Bank is a 100% independent, local and mutual bank in Massachusetts, US. The Bank is fully insured by Federal Deposit Insurance Corporation (FDIC) with certificate number 26450 and the Shore Insurance Fund (SIF). The assigned […]
Novonix Limited has been selected for a $150 million grant from the US Department of Energy (DOE) to expand the production of synthetic graphite in the US. The Australian battery materials and technology company in this connection will participate in negotiations with the DOE through its anode materials unit located in Chattanooga, Tennessee. The negotiations […]
Heartland Group Holdings, a New Zealand-based financial services group, has entered into a conditional share purchase agreement to acquire Challenger Bank, an Australian digital bank, from investment management firm Challenger Limited. Valued at approximately AUD 36 million ($23 million), the acquisition will help Heartland Group Holdings expand in Australia. Challenger Bank is an authorized deposit-taking […]
AbbVie has acquired DJS Antibodies, a privately-held UK-based biotech company, in an all-cash transaction valued at approximately $255 million, in a move to further strengthen its immunology pipeline. DJS Antibodies discovers and develops antibody drugs that target difficult-to-drug disease-causing proteins like G protein-coupled receptors (GPCRs). Through the transaction, AbbVie has acquired DJS-002, which is DJS […]
Asian Paints has entered into a joint venture agreement with Riddhi Siddhi Crusher & Land Transport and Associated Soap Stone Distributing Company (ASD) to establish a white cement manufacturing facility in Fujairah, the UAE. The Fujairah white cement plant with an initial capacity of 2,65,000 tons per annum will manufacture and export white cement and […]
Infosys has partnered with CIRCOR International, a US-based industrial valve manufacturing company, to transform the latter’s IT landscape and renovate its IT infrastructure. The Indian information technology company will transform CIRCOR’s IT infrastructure, service desk, and user support applications by deploying service level agreement (SLA) based managed IT services. The collaboration will also improve processes, […]
HV Bancorp (HVBC), the holding company for Huntingdon Valley Bank (HVB), will merge with rival US bank holding company Citizens Financial Services (CZFS), the owner of First Citizens Community Bank (FCCB), in a deal worth around $67.4 million. The merger is expected to boost and increase the footprint of Citizens Financial Services in communities situated […]
Adani Transmission has received a contract from The Brihanmumbai Electricity Supply and Transport (BEST) Undertaking, a Mumbai-based civic transport and electricity provider, to execute the smart metering project on a design-build-finance-own-operate-transfer (DBFOOT) basis. As part of the contract, Adani Transmission’s distribution platform will install 10.8 lakh smart meters and related communication and cloud infrastructure over […]