Menu

Blog posts December 2020

Gulf Brokers Winning Best FX Broker Asia at Forex Expo in Dubai 2020

Dubai, United Arab Emirates-Monday 21 December 2020 [ AETOS Wire ]

Gulf Brokers, one of the world’s leading brokers and online trading platform providers, confirms the award achievement announced today by the Forex Expo in Dubai. According the traders’ vote, Gulf Brokers was awarded the Best FX Broker Asia price as well as the Best IB Program award.

Gulf Brokers has thus fruitified its exceptional results in terms of number of accounts opened (5,000+), volume of trades (USD 24+ bn)*, and 700 % growth in number of clients this year in YoY comparison.

The Forex Expo is the event for forex professionals to learn and explore to in FX trading Business. With more than 3,000 traders’ community, it is one of the major events of this kind in the world. More than 50 forex brokers participate plus there are about 40 speakers from 30 nationalities all around the world.

This amazing event was taking place for the 3rd time in 2020 continuing the tradition of choosing the BEST COMPANY in every particular region where THEFOREXEXPO series organized by FXWeekly has been presented. The procedure is quite simple: each company which participates with THEFOREXEXPO project can become a nominee. The winner of each nomination is chosen by traders’ open voting in MENA region.

GULF BROKERS LTD. is a licensed and regulated broker. With over 12 years of providing bespoke trading experience in 23 countries worldwide, GULF BROKERS is located in a stable and secured marketplace. GULF BROKERS is a multiple award-winning broker and 4-5 stars rated on highly-ranked independent reviews media.

For more information see: https://gulfbrokers.com

Risk Warning: Trading in leverage products carries a high level of risk and may not be suitable for all investors. Past performance of an investment is no guide to its performance in the future. Investments, or income from them, can go down as well as up. You may not necessarily get back the amount you invested. All opinions, news, analysis, prices or other information contained in our communication and on our website, are provided as general market commentary and do not constitute investment advice, nor a solicitation or recommendation to buy or sell any financial instruments or other financial products or services.

Contacts
Syam K.P.

Gulf brokers analyst

support@gulfbrokers.com


Permalink : https://www.aetoswire.com/news/gulf-brokers-winning-best-fx-broker-asia-at-forex-expo-in-dubai-2020/en

Go Back

Alpho Wins Best CFDs Broker Award at Forex Expo in Dubai 2020

Dubai, United Arab Emirates-Monday 21 December 2020 [ AETOS Wire ]

 

Alpho, the leading broker in the Asian markets, was awarded the Best CFDs Broker award by the Forex Expo in Dubai, as well as the Best Retail Forex Broker award. The traders’ vote proved that Alpho is a popular brand among investors with forex instruments as well as a sought-after partner for affiliate programs.

Voting results at the Forex Expo in Dubai confirmed the strong position of Alpho, which opens 78,000+ accounts and reaches USD 8.6 bn in trades value yearly*.

The Forex Expo is the event for forex professionals to learn and explore to in FX trading Business. With more than 3,000 traders’ community, it is one of the major events of this kind in the world. More than 50 forex brokers participate plus there are about 40 speakers from 30 nationalities all around the world.

This amazing event was taking place for the 3rd time in 2020 continuing the tradition of choosing the BEST COMPANY in every particular region where THEFOREXEXPO series organized by FXWeekly has been presented. The procedure is quite simple: each company which participates with THEFOREXEXPO project can become a nominee. The winner of each nomination is chosen by traders’ open voting in MENA region.

Located in a stable and secured marketplace, Alpho is an excellent choice to participate in global trading. Opening a live trading account with Alpho is quick and easy, clients have an immediate access to real markets. Whether they are private, professional or institutional investors, Alpho, as a regulated and authorized broker by Financial Services Authority, offers them the fast execution and high-security regulations with the innovative technologies.

See more about: www.alpho.com

Risk Warning: Trading in leverage products carries a high level of risk and may not be suitable for all investors. Past performance of an investment is no guide to its performance in the future. Investments, or income from them, can go down as well as up. You may not necessarily get back the amount you invested. All opinions, news, analysis, prices or other information contained in our communication and on our website, are provided as general market commentary and do not constitute investment advice, nor a solicitation or recommendation to buy or sell any financial instruments or other financial products or services.

*Figures for 2019

 

 


Contacts

Ziad El-Maadawi

ziad@influence-me.com

 

Permalink : https://www.aetoswire.com/news/alpho-wins-best-cfds-broker-award-at-forex-expo-in-dubai-2020/en

Go Back

IDEMIA Selected by the Icelandic Police for Their New Entry/Exit System

COURBEVOIE, France -Monday 14 December 2020 [ AETOS Wire ]

IDEMIA has been selected by the National Commissioner of the Icelandic Police and Isavia, operator of Keflavik, Iceland’s main airport and other airports to provide a comprehensive border management system for all air and sea border crossing points, including new equipment.
Backed by this new system, Schengen Member State Iceland will comply with EU Entry/Exit System (EU-EES) regulations.
The system will be operational from 2021 and will manage an average of 10 million travelers per year with manned and automated controls underpinned by biometric technology.
(BUSINESS WIRE)-- IDEMIA:

Security and convenience at the heart of the Icelandic project

By 2022, new EU-EES regulations will require that biometric data, including face and fingerprints, of Third Country Nationals (TCNs) be captured and identified at the Schengen Area’s external borders. This will affect border check processes for all Schengen Member States.

With 20%-a-year air traffic growth (prior to COVID-19), Iceland planned to implement a program to manage increased passenger flows primarily in Iceland’s main international airport Keflavik, where 95% of the country’s largely non EU arriving and exiting passengers pass, and also in the country’s 30 seaports defined as external sea border crossing points. The new border management systems and equipment will also contribute to inland control within the Schengen Area.

Iceland, innovation partner in border management

IDEMIA will leverage its best-in-class biometric and border control expertise to uphold and upgrade Iceland’s border security. Meanwhile, this cutting-edge technology will contribute to more secured external borders and optimize the passenger flow by the use of the newest technology in border management.

This new border management system, based on IDEMIA’s Augmented Borders™ solution, will be compliant with EU-EES regulations. IDEMIA will also equip Icelandic border crossing points with its TravelKiosk™ EU-EES, the latest generation of user-centric multi-biometric border self-service kiosks. Also including automated TraveLane™ eGates, the entire system will boost throughput and convenience of passengers as they go through border controls. Lastly, to complete this end-to-end solution, IDEMIA will ensure that operator-manned counters, mobile solutions and tracking systems are set up to fit the requirements of the Icelandic Police with a view to shortening response times and improving coordination.

“The National Commissioner of the Icelandic Police, the Metropolitan Police and Sudurnes District police have from early 2019 been working on the implementation of EES in Iceland in close cooperation with Isavia. The procurement procedure started in September 2019 and today we have reached an important milestone by selecting IDEMIA as the supplier and future partner for the implementation of EES in Iceland. The police and Isavia place a high expectation to the collaboration with IDEMIA in the development of solutions that will improve border security and the traveler experience,” said Jón Pétur Jónsson, Chief Superintendent, at the National Commissioner of the Icelandic Police.

“Isavia is truly excited about this co-operation with IDEMIA and the Icelandic Police. This is an important step in improving the performance and customer experience of the convenient and easy hub connection between Europe and North America,” says Guðmundur Daði Rúnarsson, Chief Commercial and Airport Development Officer at Isavia. “The Entry Exit system will affect all airports with traffic crossing external borders. Isavia is confident that implementing IDEMIA’s self service solutions in co-operation with the border police, will result in a more secure and efficient border crossing point, giving Keflavik the potential to grow even further in its Hub operation.”

“IDEMIA is proud to accompany Iceland as one of the first countries of the Schengen Area to transform its border control system to comply with the European Entry/Exit System. We are determined to provide a comprehensive set of multi-biometric solutions that will give the assurance of a future-proof program, making Iceland our innovation partner in the implementation of the EU-EES. Our advanced border management solutions, based on a 40-year relationship with governments, will offer a better user experience by interactively adapting the border process per traveler category, while ensuring maximum security,” said Philippe Barreau, Executive Vice President for Public Security & Identity activities at IDEMIA.

As world leader in government identity and police biometric systems, IDEMIA brings to the table its cutting-edge technology and know-how so that personal identity is checked in the most secure way.

Recently, IDEMIA, in partnership with Sopra Steria, was selected to roll out the shared Biometric Matching System - the new European automated multi-biometric identification system for foreign nationals hosted by EU agency eu-LISA. Having partnered with EU institutions for many years and installed border control systems in more than 23 countries, IDEMIA’s comprehensive package meets the complex requirements of border control authorities, topped off by state-of-the-art technology.

About IDEMIA

IDEMIA, the global leader in Augmented Identity, provides a trusted environment enabling citizens and consumers alike to perform their daily critical activities (such as pay, connect and travel), in the physical as well as digital space.

Securing our identity has become mission critical in the world we live in today. By standing for Augmented Identity, an identity that ensures privacy and trust and guarantees secure, authenticated and verifiable transactions, we reinvent the way we think, produce, use and protect one of our greatest assets – our identity – whether for individuals or for objects, whenever and wherever security matters. We provide Augmented Identity for international clients from Financial, Telecom, Identity, Public Security and IoT sectors. With close to 15,000 employees around the world, IDEMIA serves clients in 180 countries.

For more information, visit www.idemia.com or follow @IDEMIAGroup on Twitter

View source version on businesswire.com: https://www.businesswire.com/news/home/20201214005279/en/

Contacts
Press Contact

HAVAS PARIS PR AGENCY
Hanna Sebbah
+ 33 6 63 73 30 30
idemia@havas.com


Permalink : https://www.aetoswire.com/news/idemia-selected-by-the-icelandic-police-for-their-new-entry-exit-system/en

Go Back

MyDataModels And Thales Selected by Nice Côte d’Azur Metropolitan Council to Develop BlueGuard Underwater and Coastal Surveillance System

PARIS LA DÉFENSE-Thursday 17 December 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- The BlueGuard project, developed under a partnership between Thales and the start-up MyDataModels, specialized in data processing and artificial intelligence, was selected on 3 December 2020 after a call for projects for the Nice Côte d’Azur metropolitan council's Blue Innovation Challenge. The Blue Innovation Challenge aims to support local jobs and develop an innovation ecosystem focused on the maritime sector as an area of strategic importance for the region.

As the threat environment evolves, it is crucially important to protect the maritime and underwater space around sensitive coastal infrastructure such as ports, industrial facilities and sites of economic or military importance, and to ensure security for major events. The BlueGuard project involves developing a demonstrator of a smart surveillance system designed to monitor sensitive coastal sites and protect populations and the coastline reliably at all times from new and emerging threats such as unmanned underwater vehicles.

MyDataModels has a unique set of skills in AI-based data analytics and will be providing expertise in automatic data classification. Thales has already worked with the MyDataModels through AI@Centech, a start-up accelerator programme in Montreal, Canada.

With more than 60 years of experience in undersea defence and global recognition for its underwater systems expertise, Thales will provide its technical and operational insights as well sonar transmit and receive arrays and electronic systems.

"The city's support for the BlueGuard project and Thales' investment will enable the launch of a new surveillance product against coastal threats. This project illustrates the co-innovation developed by Thales with more than 160 startups," Alexis Morel, Vice President, Underwater Systems, Thales.

"It is rare for a major corporation to work successfully in agile mode with a start-up. BlueGuard is a prime example of a win-win partnership focused on developing disruptive technology and demonstrating its capabilities in real-life conditions around the port of Nice thanks to the Nice Côte d’Azur metropolitan council." Denis Bastiment, CTO, MyDataModels

About MyDataModels

Founded in March 2018, MyDataModels offers TADA, a predictive analytics platform powered by artificial intelligence. Powerful and easy to use providing fully interpretable models, TADA helps every professional to deeply analyse their data and make more informed decisions. As such, MyDataModels technology is the preferred solution for healthcare, research, industry and embedded systems. MyDataModels is based in France and employs 30 people. Learn more: www.mydatamodels.com

About Thales

Thales (Euronext Paris: HO) is a global high technology leader investing in digital and “deep tech” innovations – connectivity, big data, artificial intelligence, cybersecurity and quantum technology – to build a future we can all trust, which is vital to the development of our societies. The company provides solutions, services and products that help its customers – businesses, organisations and states – in the defence, aeronautics, space, transportation and digital identity and security markets to fulfil their critical missions, by placing humans at the heart of the decision-making process.

With 83,000 employees in 68 countries, Thales generated sales of €19 billion in 2019 (on a basis including Gemalto over 12 months).

View source version on businesswire.com: https://www.businesswire.com/news/home/20201217005457/en/

Contacts
Press contact

Thales
Faïza Zaroual
+33 (0) 7 81 48 80 41
faiza.zaroual@thalesgroup.com

MyDataModels
Francine Fichter
+33 (0) 6 75 92 10 12
ff@mydatamodels.com

 

Permalink : https://www.aetoswire.com/news/mydatamodels-and-thales-selected-by-nice-cocircte-drsquoazur-metropolitan-council-to-developnbspblueguardnbspunderwater-and-coastal-surveillance-system/en

Go Back

Raysut Cement Company Scoops awards at Oman & GCC Best Employer Brand Awards 2020

Muscat, Oman-Wednesday 16 December 2020 [ AETOS Wire ]

Raysut Cement Company (RCC), Oman’s largest cement manufacturer, scooped seven awards at two Best Employer Brand Awards, one focused on Oman companies and the other on GCC corporate entities.

RCC, the Muscat Stock Market-listed company, and an emerging global cement player, said its Group CEO, Mr. Joey Ghose won `CEO of the Year’ award at both the Oman Best Employer Awards 2020 in October and GCC Best Employer Awards 2020 in November.

The awards, presented at virtual events held by the  global branding, HR and leadership body, Employer Branding Institute, reinforced  RCC’s excellence across leadership, health and safety, technology, training and talent management.

RCC won `Promoting Health in the Workplace,’ `Best Use of Technology for Training,’ and `Training Provider of the Year’ awards at Oman Best Employer Brand Awards. At the GCC Best Employer Brand Awards 2020, RCC won `Award for Talent Management’ and `Leaders of Tomorrow Award.’

Mr. Salim bin Ahmed bin Alawi Al Ibrahim, Acting Deputy Group CEO, who received the awards thanked Sultan of Oman, His Majesty Sultan Haitham Bin Tariq Al Said, Oman Government and its supporting bodies, Board  and Executive Management of  RCC, and  employees for the company’s success.

He congratulated the award organizers for promoting corporate excellence, and thanked them for recognizing RCC.  Speaking for Mr. Joey Ghose, he said RCC is now an Omani multinational company.

 “We operate beyond Oman - in the UAE through our subsidiary, Pioneer Cement Company SAOG, in Yemen through associates and in East Africa through trading offices and new investments. We have invested in Georgia and recently acquired a terminal in Maldives. We will expand further, supporting infrastructure development across the world with Omani clinker and cement,” he said, adding RCC acquired Sohar Cement Company last year.

“Our success lies in our highly motivated, skilled and trained employees who deliver the best quality we are known for,” Mr. Salim said.

RCC regularly trained Omani employees on-the-job and by sending them abroad to upgrade their skills. “We have a healthy ratio of local and expatriate employees and nurture an open environment for learning and development of each one of them,” he said.

RCC group’s current capacity was 6 million metric tonnes and the mission is to reach 10 million by 2022 and in the near future to 22 million tonnes.

RCC supports and trains students of the Institutes of Higher Learning to impart hands-on experience.  It is also active in community intervention and donated RO 500,000 to the Ministry of Health to tackle COVID-19 challenges.

“RCC is under transformation and on a journey to scale new heights and to work  for the interest of its investors, financial institutions, community and employees," said Mr. Salim, adding that the new  awards followed recognitions RCC bagged over the years.

These honours included the eight cups at the competition of H.M. Sultan Qaboos.  In 2019, RCC won `The Golden Europe Award For Quality and Commercial Prestige’ in Berlin, Germany, and two distinguished awards - `Building and Construction Product Leadership Award 2019,’  and ‘Most Preferred Brand By Construction And Real Estate Sector’ at Cements and CSR Leadership Award. It also won the Best Corporate Social Responsibilities Practices award in Muscat. In 2018, RCC won the green era award for sustainability and the Oman Most Trusted Brand Awards.

Winning these awards showed RCC’s continuous efforts to enhance its role as socially responsible Omani establishment, supporting communities through humanitarian and philanthropic activities.

Contacts
Mohammed Ahmed Barakat Al-Ibrahim, Senior Communications Manager

Mobile: +968 9099 9388

 

Permalink : https://www.aetoswire.com/news/raysut-cement-company-scoops-awards-at-oman-amp-gcc-best-employer-brand-awards-2020/en

Go Back

TymeBank and IDEMIA Collaborate Towards Increased Security and Convenience in Customer Card Issuance

JOHANNESBURG, South Africa-Thursday 10 December 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- TymeBank, South Africa’s first truly digital bank, teams up with IDEMIA, the global leader in Augmented Identity, to deliver a secure, convenient and frictionless way for customers to acquire bank cards.

Committed to expanding banking services to all South Africans, TymeBank proactively leverages innovative digital technology to deliver a safe and frictionless banking experience to its over 2.5 million customers. Working closely with IDEMIA, TymeBank continues to onboard approximately 120 000 customers per month and works tirelessly to ensure that a secure suite of banking services is continuously made available to its customers.

As the world leader in Augmented Identity, IDEMIA has a proud track record of providing a trusted environment enabling consumers to perform their daily banking activities. Leveraging biometric authentication and other innovative technology solutions, IDEMIA continues to deliver verified identities and secure transactions for people worldwide.

Leaders in their respective fields, both TymeBank and IDEMIA are working together to provide customers with dual interface chip cards (EMVi) in a secure and convenient manner. In a survey this year, 75% of South Africans are turning to contactless payments citing hygiene reasons1. The EMV card, which facilities secure transactions at Point-of-Sale (POS), also supports a safe and contactless payment experience for the consumer. This way of transacting is set to become more important with the upcoming holiday season, as an increasing number of consumers choose to do contactless payments. Since the onset of the Covid-19 pandemic, 89% of South African respondents in the same survey say they prefer using contactless payment options2.

TymeBank debit cards are issued at self-service kiosks, which are stationed at Pick ’n Payii and Boxeriii stores around the country. A TymeBank customer can open an account and collect the bank card at their convenience after successfully verifying their identity with a valid South African ID number. The verification process is a key step towards fighting identity fraud, which since the start of the pandemic has resulted in an estimated cost to the South African economy of over R 1 billion3.

“TymeBank has reached yet another key milestone, now that the bank has onboarded 2.5 million customers since our launch in February 2019, ,” said Cheslyn Jacobs, Head of Sales and Service at TymeBank. “Our customers value our offering as TymeBank makes banking simple and secure. Our partnership with IDEMIA is to the benefit of our customers. We equip our customers with a contactless EMV bank card that delivers a safe payment experience in a secure and convenient manner. This is true to our ethos of ensuring that banking is made accessible to everyone in South Africa.”

In addition to being an identity technology leader, IDEMIA is also a trusted partner of financial institutions, working with local banks to introduce innovative payment products, including the country’s first vertical metal card. With a full service, state-of-the-art card personalization center in Johannesburg, the biggest in South Africa, IDEMIA has been working closely with South African banks for over 10 years to ensure that bank cards are delivered securely and quickly to consumers, enabling them to fulfill everyday transaction needs.

“We are honored by the trust that TymeBank places in us and our solutions,” said Julia Schoonenberg, Senior Vice President (MEA), Financial Instiutions, IDEMIA. “As a global leader in secure payment technologies, IDEMIA has a proven track record of working with banking customers in both physical and digital spaces. We are proud to support TymeBank in their mission to enhance convenience and payment security for even more people in South Africa.”

About IDEMIA

IDEMIA, the global leader in Augmented Identity, provides a trusted environment enabling citizens and consumers alike to perform their daily critical activities (such as pay, connect and travel), in the physical as well as digital space.

Securing our identity has become mission critical in the world we live in today. By standing for Augmented Identity, an identity that ensures privacy and trust and guarantees secure, authenticated and verifiable transactions, we reinvent the way we think, produce, use and protect one of our greatest assets – our identity – whether for individuals or for objects, whenever and wherever security matters. We provide Augmented Identity for international clients from Financial, Telecom, Identity, Public Security and IoT sectors. With close to 15,000 employees around the world, IDEMIA serves clients in 180 countries.

For more information, visit www.idemia.com / Follow @IDEMIAGroup on Twitter

About TymeBank

TymeBank is South Africa’s first digital bank. It is majority owned by ARC Financial Services Holdings (Pty) Ltd, a company within Patrice Motsepe’s Ubuntu-Botho Investments stable. TymeBank has no branches and its core banking system is hosted securely in the Cloud. This reduces its overheads and delivers significant cost-savings that are passed on to its customers. Through a distribution partnership with Pick n Pay and Boxer, TymeBank has kiosks located at stores across the country. Customers can open a FICA compliant bank account at these kiosks in under five minutes. No documentation is required. Once signed-up customers can automatically become Smart Shopper members – Pick n Pay’s rewards programme – and will earn double Smart Shopper points when using their TymeBank card to purchase goods in Pick n Pay stores. TymeBank’s unique GoalSave tool, allows customers to earn a great interest rate of up to 8% per annum on their savings. For more information visit www.tymebank.co.za.

1 https://www.bizcommunity.com/Article/196/706/203659.html
2 https://www.bizcommunity.com/Article/196/706/203659.html
3 https://www.cbn.co.za/featured/identity-fraud-costs-sa-over-r1-billion-during-covid-19/

i EMV — which stands for Europay, Mastercard and Visa — is a global standard for cards equipped with computer chips and the technology used to authenticate chip-card transactions. In the wake of numerous large-scale data breaches and increasing rates of counterfeit card fraud, U.S. card issuers have migrated to this new technology to protect consumers and reduce the costs of fraud. https://www.creditcards.com/credit-card-news/emv-faq-chip-cards-answers-1264/
ii Pick n Pay - A retailer in South Africa, which began in 1967, it now has 1.500 stores in the country https://www.pnp.co.za/about-us/history
iii Boxer – A chain of discount stores in South Africa which started in 1977, it now operates over 300 stores in South Africa. https://www.boxer.co.za/company-history/

View source version on businesswire.com: https://www.businesswire.com/news/home/20201209005463/en/

Contacts

Press:
Hanna Sebbah
idemia@havas.com

Samantha Hogg
GinjaNinja PR
samantha@ginjaninjapr.co.za

Permalink : https://www.aetoswire.com/news/tymebank-and-idemia-collaborate-towards-increased-security-and-convenience-in-customer-card-issuance/en

Go Back

ExaGrid Wins Big at the 2020 SDC Awards

ExaGrid Voted “Storage Company of the Year” in addition to “Storage Hardware Innovation of the Year” and “Vendor Channel Program of the Year”

MARLBOROUGH, Mass.-Wednesday 9 December 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- ExaGrid®, the industry’s only Tiered Backup Storage solution, today announced that the company was honored with three industry awards at the annual SDC Awards, which held a virtual awards show on December 3, 2020.

ExaGrid’s wins at the SDC Awards are in categories that reflect different areas of strength that the Tiered Backup Storage company has become known for. ExaGrid’s Reseller Program was voted “Vendor Channel Program of the Year,” and it won the “Storage Hardware Innovation of the Year” award for its Retention Time-Lock for Ransomware Recovery feature released this year in ExaGrid Software Version 6.0. ExaGrid was further recognized by voters with the “Storage Company of the Year” award.

“We are so honored to win three SDC Awards,” said Bill Andrews, President and CEO of ExaGrid. “In particular, we are very pleased that our reseller program received the Vendor Program Channel of the Year award, and thank our partners in the channel for their support. We are very proud of our Retention Time-Lock for Ransomware Recovery feature that was launched earlier this year with our Software Version 6.0 release, so we are extremely grateful that it has been recognized with the Storage Hardware Innovation of the Year award. The crowning achievement is winning the Storage Company of the Year award, which is a huge honor, especially considering the other finalists in the category, who are all leaders in our industry. Thank you to everyone who voted, and congratulations to all of the winners of this year’s awards.”

ExaGrid’s disk-cache Landing Zone for backup and restore performance is tiered to a long-term retention repository for cost efficiencies as well as a scale-out storage architecture that scales as data grows. ExaGrid offers the best of both worlds by pairing the fastest backup and restore performance with the lowest cost long-term retention storage.

ExaGrid has continues to gain recognition for its Tiered Backup Storage appliances, earning the following awards in the fall of 2020:

Network Computing Awards - Company of the Year

Network Computing Awards- Hardware Product of the Year

Storage Awards “The Storries XVII” - Enterprise Backup Hardware Vendor of the Year

Storage Awards “The Storries XVII” - Storage Performance Optimisation Company of the Year

SDC Awards – Storage Company of the Year

SDC Awards – Storage Hardware Innovation of the Year

SDC Awards – Vendor Channel Program of the Year

About ExaGrid

ExaGrid provides Tiered Backup Storage with a unique disk-cache Landing Zone, long-term retention repository, and scale-out architecture. ExaGrid’s Landing Zone provides for the fastest backups, restores, and instant VM recoveries. The retention repository offers the lowest cost for long-term retention. ExaGrid’s scale-out architecture includes full appliances and ensures a fixed-length backup window as data grows, eliminating expensive forklift upgrades and product obsolescence. Visit us at exagrid.com or connect with us on LinkedIn. See what our customers have to say about their own ExaGrid experiences and why they now spend significantly less time on backup in our customer success stories.

ExaGrid is a registered trademark of ExaGrid Systems, Inc. All other trademarks are the property of their respective holders.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201208005210/en/

Contacts
Kristina O’Connell
ExaGrid
koconnell@exagrid.com


Permalink : https://www.aetoswire.com/news/exagrid-wins-big-at-the-2020-sdc-awards/en

 

Go Back

Starcity Acquires Ollie, Accelerating Its Growth as a Vertically Integrated Global Coliving Company

SAN FRANCISCO-Friday 4 December 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Starcity is acquiring Ollie’s key assets, including its technology, intellectual property, and business agreements in major cities, which when combined with Starcity, will create one of the largest coliving developers and operators globally.

Ollie is widely recognized as a pioneer in the coliving asset class and has partnered with institutional owners to deliver much needed affordability and community to top tier cities such as New York, Los Angeles, the San Francisco Bay Area, and Boston. Additionally, Ollie has built a proprietary technology suite of services to foster community engagement, deliver hospitality services and provide roommate matching within its communities.

Following the transaction, Ollie’s key personnel will join Starcity to create a leading organization with the mission to make great cities accessible to everyone. “We are thrilled to bring on board such a high caliber team with institutional grade communities. Most importantly, we are humbled to expand our inviting, hands-on experience for more residents globally,” said Jon Dishotsky, CEO and co-founder of Starcity. Starcity will spend the coming months integrating the Ollie team, residents, and partners onto its platform. With the acquisition, Starcity will now operate over 1,500 units globally, with over 3,000 units in its development and operations pipeline throughout North America and Western Europe and over 10,000 units in negotiations.

Starcity has been expanding its footprint in the coliving industry with a focus on major cities in North America and Europe. With this acquisition, Starcity further establishes itself as a best-in-class owner and operator in institutional coliving with a full suite of services.

“Bringing the Ollie platform into Starcity gives our residents, clients, and team a company that is aligned on our housing philosophy, facilitating further growth of attainable housing nationally and globally,” said Gregg Christiansen, Ollie’s President. “I am excited to see what we can accomplish together.”

View source version on businesswire.com: https://www.businesswire.com/news/home/20201203005275/en/

Contacts
Jon Dishotsky
Media@starcity.com


Permalink : https://www.aetoswire.com/news/starcity-acquires-ollie-accelerating-its-growth-as-a-vertically-integrated-global-coliving-company/en

Go Back

موديز تستحوذ على زد إم فايننشال سيستمز لتعزيز قدرات المصارف الأمريكية على تقييم المخاطر

نيويورك -الثلاثاء 8 ديسمبر 2020 [ ايتوس واير ]

(بزنيس واير) - أعلنت اليوم شركة "موديز" (المدرجة في بورصة نيويورك تحت الرمز: NYSE:MCO) أنها استحوذت على "زد إم فايننشال سيستمز" ("زد إم إف إس")، المزود الرائد لبرامج إدارة المخاطر والإدارة المالية للقطاع المصرفي الأمريكي. وتعزز الصفقة مكانة "موديز" كشركة رائدة في تقييم المخاطر المتكامل من خلال توسيع مجموعة حلول المخاطر المؤسسية من "موديز أناليتيكس"، والتي تساعد المؤسسات المالية على اتخاذ قرارات مستنيرة.

وتوفر مجموعة منتجات "زد إم إف إس" الأنظمة والخدمات الرئيسية التي تستخدمها المصارف والمؤسسات المالية الأخرى لنمذجة المخاطر وإدارتها، ولاتخاذ قرارات الأعمال الأساسية المتعلقة بإدارة الأصول والخصوم، وإدارة الحافظات والسيولة والملاءة المالية ووضع الميزانيات. وباستخدام محرك شامل للتدفق النقدي، تسمح هذه الحلول للمهنيين المصرفيين بتوقع ميزانياتهم العمومية واختبارها في الظروف القصوى، وذلك من خلال تحليل أنماط البيانات ونمذجة المواقف وتداول الأوراق المالية وشراء وبيع القروض.

وفي هذا السياق، قال ستيفن تولينكو، رئيس "موديز أناليتيكس": "تعد الأدوات التحليلية المتقدمة لشركة ’زد إم فايننشال‘ مصدراً موثوقاً لبرامج إدارة المخاطر التي تستخدمها المصارف الأمريكية والاتحادات الائتمانية والوسطاء- الوكلاء". وـتابع قائلاً: "تعزز إضافة قدرات ’زد إم فايننشال‘ الرائدة في مجال إدارة الأصول والخصوم ريادة ’موديز‘ العالمية في تقييم المخاطر وستساعدنا في دعم المؤسسات المالية من جميع الأحجام".

وتساهم إضافة "زد إم إف إس" في تعزيز تطور عروض "موديز أناليتيكس" للقطاع المصرفي الأمريكي. وتكمل منتجات "زد إم إف إس" أدوات "موديز أناليتيكس" في مجال إنشاء الائتمان وقياس الجدارة الائتمانية والمحاسبة وإدارة الحافظات والتنبؤ، بما فيها "كريديت لنس" و"إمبيرمانت ستديو" و"كابيتال ريسك أنالايزر"، لتشكيل مجموعة قوية من الحلول المصرفية الأمريكية.

وقال بوتش ماينر، المؤسس المشارك لـ "زد إم إف إس": "إن الانضمام إلى ’موديز‘ ودمج نماذجها الاقتصادية والسلوكية المعروفة سيرفع بشكل كبير من شأن عروضنا الموجهة للمؤسسات المالية". ومن ناحيته، قال داي جاو، المؤسس المشارك لـ "زد إم إف إس": "سنواصل معاً تطوير حلولنا التحليلية وتحسين العمليات لمساعدة العملاء على تحقيق أهدافهم الرامية إلى النمو المستمر وإدارة المخاطر".

وستقوم موديز أناليتيكس بدمج "زد إم إف إس" في خط أعمالها الخاص بحلول المخاطر المؤسسية.

هذا وتم تمويل الاستثمار من النقد المتوافر، ومن غير المتوقع أن يكون له تأثير مادي على النتائج المالية لشركة "موديز" لعام 2020.

لمحة عن شركة "موديز"

تعدّ "موديز" (المدرجة في بورصة نيويورك تحت الرمز: NYSE:MCO) شركة عالمية متكاملة لتقييم المخاطر تعمل على تمكين المؤسسات من اتخاذ قرارات أفضل. تساهم بياناتنا وحلولنا التحليلية وأفكارنا بمساعدة صنّاع القرار على تحديد الفرص وإدارة المخاطر الناشئة عن التعامل مع الآخرين. نحن نؤمن بأن المزيد من الشفافية والقرارات الأكثر اطلاعاً ولا سيما الوصول العادل إلى المعلومات، من شأنه أن يفتح الباب أمام التقدم المشترك. يعمل لدى "موديز" أكثر من 11,400 موظف في أكثر من 40 دولة، وهي تجمع بين الحضور العالمي والخبرات المحلية، فضلاً عن أكثر من قرن من الخبرة في الأسواق المالية. للمزيد من المعلومات، يُرجى زيارة الرابط الالكتروني التالي: moodys.com/about.

بيان "الملاذ الآمن" بموجب قانون إصلاح التقاضي الخاص للأوراق المالية لعام 1995

بعض البيانات الواردة في هذا البيان الصحفي هي "بيانات تطلعية" مستندة إلى توقعات وخطط واحتماليات مستقبلية لأعمال وعمليات شركة "موديز" (المشار إليها في ما يلي بـ"الشركة")،  وتشتمل على عدد من المخاطر والشكوك. وقد تشتمل هذه البيانات على عبارات من بينها "تعتقد" و"تنتظر" و"تستبق" و"تعتزم" و"تنوي" و"تخطط" و"سوف" و"تتنبأ" و"محتمَل" و"تُواصل" و"استراتيجية" و"تتطلع" و"تستهدف" و"تتوقع" و"تبرمج" و"تقدّر" و"ينبغي" و"قد" و"ربما" وغيرها من العبارات أو الكلمات أو الصيغ المعدّلة لها التي تعبر عن الطبيعة المحتملة للأحداث أو النتائج التي تؤشّر عموماً إلى البيانات التطلعية. وتمّ وضع البيانات التطلعية وغيرها من المعلومات في هذا البيان الصحفي اعتباراً من تاريخه، وتتنصل الشركة من أي التزام بـ (ولا تنوي)  الإضافة  بشكل علني على هذه البيانات أو تحديثها أو مراجعتها على أساس مستقبلي مستمر، سواءً كان ذلك كنتيجة لتطورات لاحقة أو تغير في التوقعات أو غيرها، في ما عدا الحالات التي تقتضيها القوانين أو الأنظمة المرعية. وفيما يخص بنود بيان "الملاذ الآمن" بموجب قانون إصلاح التقاضي الخاص للأوراق المالية لعام 1995، فإن الشركة تحدد أمثلةً عن عوامل ومخاطر وشكوك قد تسبب تغيّراً قد يكون ملموساً في النتائج الفعلية بحيث تختلف عن التي تمّت الإشارة إليها في هذه البيانات التطلعية. وتشتمل هذه العوامل والمخاطر والشكوك، على سبيل المثال لا الحصر، تأثير جائحة "كوفيد-19" على التقلبات في الأسواق المالية في الولايات المتحدة وحول العالم، وعلى الظروف الاقتصادية العامة ونمو الناتج الإجمالي المحلي في الولايات المتحدة وفي العالم، وعلى العمليات الخاصة بالشركة وعلى موظفيها. ويمكن لظروف أخرى عديدة أن تؤدي إلى تغير النتائج الفعلية عن نظرة "موديز" الاستشرافية، منها على سبيل المثال، أي اضطرابات في الأسواق الائتمانية أو التباطؤ الاقتصادي، ما قد يؤثر على حجم الديون والأوراق المالية الأخرى الصادرة في أسواق رأس المال المحلية و/أو العالمية، كما تشتمل على العوامل الأخرى التي يمكن أن تؤثر على حجم الديون والأوراق المالية الأخرى الصادرة في أسواق رأس المال المحلية و/أو العالمية، بما في ذلك الإجراءات التنظيمية والمخاوف المتعلقة بنوعية الائتمان والتغيرات في معدلات الفائدة والتقلبات الأخرى في الأسواق المالية مثل تلك الناجمة عن انسحاب المملكة المتحدة من الاتحاد الأوروبي و عن الشكوك التي يسببها ابتعاد الشركات عن مؤشر "لايبور" (سعر الفائدة السائد بين المصارف فِي لندن)، ومستوى أنشطة الدمج والاستحواذ في الولايات المتحدة الأمريكية وفي الخارج، والفعالية غير المؤكدة والآثار الجانبية المحتملة للإجراءات التي قد تتخذها الحكومة الأمريكية أو الحكومات الأجنبية والتي تؤثر على الأسواق الائتمانية، والتجارة الدولية والسياسة الاقتصادية، بما في ذلك تلك المتصلة بالرسوم والعوائق التجارية، والمخاوف في السوق، والتي تؤثر على مصداقيتنا أو تؤثر بطريقة أخرى على تصورات السوق حول نزاهة أو فائدة تقييمات وكالات الائتمان المستقلة، وطرح الشركات الأخرى لمنتجات أو تقنيات منافسة، وضغوط في التسعير ناشئة عن المنافسين و/أو العملاء، ومستوى نجاح تطوير منتجات جديدة وتحقيق التوسع على الصعيد العالمي، بالإضافة إلى تأثير التنظيمات التي تحددها المنظمات المعترف بها وطنياً للتصنيف الإحصائي، واحتمال سن تشريعات وتنظيمات جديدة في الولايات المتحدة، أو على مستوى الولايات أو المستوى المحلي، بما في ذلك الأحكام الواردة في قانون "دود-فرانك" لإصلاحات "وال ستريت" وقانون حماية المستهلك (المشار إليه بـ"دود-فرانك") والأنظمة الناجمة عن قانون "دود-فرانك"، واحتمال تزايد المنافسة وصدور تنظيمات في الاتحاد الأوروبي والتشريعات القضائية الأجنبية الأخرى، بالإضافة إلى التعرض للدعاوى المرتبطة بالآراء التقييمية لخدمات المستثمرين لدى "موديز" وأي من الدعاوى القانونية والملاحقات والإجراءات والتنظيمية الحكومية والتحقيقات والتحريات التي قد تواجهها "موديز" بين الحين والآخر. وتشتمل أيضاً على بنود قانون "دود-فرانك" التي تعدّل من معايير المرافعة القضائية والتنظيمات الموجودة في الاتحاد الأوروبي التي تعدل من معايير المسؤولية والتي تنطبق في الحالتين على وكالات تقييم الائتمان بطريقة مخالفة لوكالات التصنيف الائتماني. كما تشتمل على بنود التنظيمات الموجودة في الاتحاد الأوروبي والتي تفرض متطلبات إجرائية وجوهرية إضافية على تسعير الخدمات وتوسيع نطاق الإشراف ليشمل التصنيفات غير المتعلقة بالاتحاد الأوروبي المستخدمة لتلبية الأغراض التنظيمية. وتشتمل أيضاً على احتمال خسارة موظفين رئيسيين والفشل أو التعطيل الذي قد يصيب عملياتنا والبنية التحتية، وأية مكامن ضعف أخرى مرتبطة بالتهديدات الإلكترونية أو أية مخاوف أخرى مرتبطة بأمن الإنترنت. وتتضمن العوامل أيضاً النتائج المترتبة على أي من المراجعات التي تجريها السلطات الضريبية السيادية لمبادرات "موديز" الضريبية على مستوى العالم، إضافة إلى التعرض لعقوبات جنائية أو جزاءات مدنية محتملة في حال لم تمتثل "موديز" للقوانين والتنظيمات الأجنبية والأمريكية المعمول بها في الولايات القضائية التي تعمل ضمنها "موديز"، بما في ذلك قوانين حماية البيانات والخصوصية وقوانين العقوبات وقوانين مكافحة الفساد والقوانين المحلية التي تحظّر دفع الرشاوى للمسؤولين الحكوميين، إضافةً إلى تأثير عمليات الدمج أو الاستحواذ أو غيرها من ائتلافات الأعمال، وقدرة الشركة على دمج الشركات التجارية المستحوذ عليها بنجاح، والتقلبات الحاصلة في أسعار العملات والصرف الأجنبي، ومستوى التدفقات النقدية المستقبلية، ومستويات الاستثمارات الرأسمالية، وتراجع الطلب على أدوات إدارة المخاطر الائتمانية من قبل المؤسسات المالية. إن هذه العوامل والمخاطر والشكوك فضلاً عن عوامل ومخاطر وشكوك أخرى قد تؤدي إلى اختلاف النتائج الفعليّة التي تحققها "موديز" مادياً عن تلك المشار إليها أو المعبر عنها أو المتوقعة أو المرتقبة أو المضمّنة في البيانات التطلعيّة، تتضخم حالياً، أو قد تتضخم في المستقبل، جراء تفشي وباء "كوفيد-19"، وهي مذكورة بمزيد من التفصيل تحت قسم "عوامل الخطر" في الجزء الأول، البند "1 إيه" من تقرير الشركة السنوي المُعدّ وفقاً للنموذج "10-كي" للسنة المنتهية في 31 ديسمبر 2019، وتقريرها الفصلي وفقاً للنموذج "10 –كيو" للربع المنتهي في 31 مارس 2020، والتقارير الأخرى التي تودعها الشركة من وقت لآخر لدى لجنة البورصة والأوراق المالية أو في المواد المدرجة في هذه الوثيقة أو في التقرير السنوي. ونحذر حملة الأسهم والمستثمرين من أن تحقّق أي من هذه العوامل والمخاطر والشكوك قد يسبب اختلاف النتائج الفعلية التي تحققها الشركة مادياً عن تلك المتوخاة أو المذكورة أو المتوقعة أو المتضمنة في البيانات التطلعية، والتي يمكن أن يكون لها تأثير مادي وسلبي على أعمال الشركة ونتائج عملياتها ووضعها المالي. قد تنشأ عوامل جديدة من وقت لآخر، ويتعذر على الشركة توقع العوامل الجديدة، كما لا يمكن لها أن تقيّم الأثر المحتمل لأي عوامل جديدة عليها.

يمكنكم الاطلاع على النسخة الأصلية للبيان الصحفي على الرابط الإلكتروني التالي: /https://www.businesswire.com/news/home/20201207005291/en

 

إن نص اللغة الأصلية لهذا البيان هو النسخة الرسمية المعتمدة. أما الترجمة فقد قدمت للمساعدة فقط، ويجب الرجوع لنص اللغة الأصلية الذي يمثل النسخة الوحيدة ذات التأثير القانوني.

Contacts

للاتصال بـ"موديز":

شيفاني كاك

علاقات المستثمرين

هاتف: 12125530298+

البريد الإلكتروني: Shivani.kak@moodys.com

 

أو

 

جو ميلنهاوزن

الاتصالات

هاتف: 12125531461+

البريد الإلكتروني: Joe.Mielenhausen@moodys.com

الرابط الثابت : https://www.aetoswire.com/ar/news/موديز-تستحوذ-على-زد-إم-فايننشال-سيستمز-لتعزيز-قدرات-المصارف-الأمريكية-على-تقييم-المخاطر/ar

Go Back

PMI Commits to Disability Inclusion by Joining The Valuable 500

LAUSANNE, Switzerland -Thursday 3 December 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Philip Morris International Inc.(PMI) (NYSE: PM) today announced that CEO André Calantzopoulos has joined The Valuable 500—a global movement putting disability inclusion on the business leadership agenda. Signing on to this initiative marks another significant step in PMI’s journey of advancing inclusion and diversity in the workplace.

André Calantzopoulos said: “Businesses with a global operating footprint, such as PMI, can make a meaningful impact by ensuring that everyone—including individuals with a disability—can prosper in the workplace. By signing The Valuable 500, I am proud to join forces with a host of other CEOs who are challenging their organizations and the business world to broaden the focus of their inclusion and diversity efforts, and to help create a more inclusive world for the 1.3 billion people with disabilities. This is the right thing to do as part of our broader work to create a more equitable society. And it is also the smart thing to do, allowing PMI to tap into a population of talented individuals whose diverse perspectives and life experiences will help us to unlock the creativity and innovation needed to propel us toward our vision of a smoke-free future.”

In 2021, as part of this commitment to action, PMI will (i) establish a Global Employee Resource Group on Disability as a forum through which to create a greater understanding of what it means to have a disability and build a shared sense of community and allyship among all employees; (ii) make its internal and external communication technologies more accessible to all; and (iii) reduce the prejudice and misunderstanding associated with disability, with a focus on mental health, to create a workplace in which individuals feel comfortable speaking openly about these topics. More information is available here.

Caroline Casey, founder of The Valuable 500, said: “We are delighted to welcome PMI as a member of The Valuable 500. Our global movement is putting disability on the business leadership agenda. By joining our inclusion revolution, businesses have the opportunity to accelerate growth, drive innovation, and improve brand reputation. We’ve created a powerful business community to support these companies as they advance along their disability inclusion journeys and celebrate those that are leading the way. We believe everyone has a unique perspective, and when disabled people are included, we all win.”

Businesses and business leaders have a critical role to play in progressing equality and inclusion around the world and driving social change. PMI is committed to maintaining a culture that celebrates diversity and fosters inclusion so that as many different voices and experiences as possible are included in PMI’s innovation practices. By more accurately reflecting society as a whole across the company’s employee base, PMI will be better equipped to serve its customers and make progress toward its vision of a smoke-free future.

Philip Morris International: Delivering a Smoke-Free Future

Philip Morris International (PMI) is leading a transformation in the tobacco industry to create a smoke-free future and ultimately replace cigarettes with smoke-free products to the benefit of adults who would otherwise continue to smoke, society, the company, and its shareholders. PMI is a leading international tobacco company engaged in the manufacture and sale of cigarettes, as well as smoke-free products and associated electronic devices and accessories, and other nicotine-containing products in markets outside the U.S. In addition, PMI ships a version of its IQOS Platform 1 device and its consumables to Altria Group, Inc. for sale under license in the U.S., where the U.S. Food and Drug Administration (FDA) has authorized their marketing as a modified risk tobacco product (MRTP), finding that an exposure modification order for these products is appropriate to promote the public health. PMI is building a future on a new category of smoke-free products that, while not risk-free, are a much better choice than continuing to smoke. Through multidisciplinary capabilities in product development, state-of-the-art facilities, and scientific substantiation, PMI aims to ensure that its smoke-free products meet adult consumer preferences and rigorous regulatory requirements. PMI’s smoke-free product portfolio includes heat-not-burn and nicotine-containing vapor products. As of Sept. 30, 2020, PMI estimates that approximately 11.7 million adult smokers around the world have already stopped smoking and switched to PMI’s heat-not-burn product, available for sale in 61 markets in key cities or nationwide under the IQOS brand. For more information, please visit www.pmi.com and www.pmiscience.com.

The Valuable 500

Launched by social entrepreneur and activist Caroline Casey at the World Economic Forum Annual Meeting in January 2019, The Valuable 500 aims to put disability on the global business leadership agenda.

The Valuable 500 was created by Binc, the organization founded by Caroline Casey in 2015, with a mission to ignite a historic global movement for a new age of business inclusion—capitalizing on Casey’s 18-year track record of success engaging over 450 organizations. The campaign has won three awards: a Cannes Lion, D&AD, and a BIMA.

Our goal is to persuade 500 multinational companies that have at least 1,000 employees to make a public commitment to advance disability inclusion in their organization. By engaging the most influential business leaders and brands, we want to create a tipping point within business that unlocks the business, social, and economic value of the 1.3 billion people living with disabilities around the world, and the millions of us who will become disabled over time.

We believe that if business takes a lead, society and government will follow, and truly inclusive businesses can build truly inclusive societies.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201203005092/en/

Contacts
David Fraser
Philip Morris International
T. +41 79 843 8603
E. david.fraser@pmi.com


Permalink : https://www.aetoswire.com/news/pmi-commits-to-disability-inclusion-by-joining-the-valuable-500/en

Go Back

PCI Pharma Services Announces the Closing of the Majority Stake Acquisition by Kohlberg and Mubadala

PHILADELPHIA-Wednesday 2 December 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- PCI Pharma Services (“PCI” or “the Company”), a leading pharmaceutical and biopharmaceutical global supply-chain solutions provider, today announced the closing of the previously announced acquisition that gives Kohlberg & Company, LLC (“Kohlberg”) a majority stake in the company. Mubadala Investment Company and Partners Group (acting on behalf of its clients) will have minority shares in the Company.

This milestone is a key step for PCI, as Kohlberg and Mubadala will be partnering with PCI’s management team, led by CEO Salim Haffar, to continue the Company’s transformation journey. The team will be adding specific capabilities and geographies organically and inorganically to improve PCI’s client experience and enable its clients to bring life-changing biopharmaceutical therapies to market. Leveraging the global growth trends in biologics and specialized drug therapies, future capabilities include sterile fill finish of injectables, expanding high potency and specialized manufacturing, and further geographic expansion into Asia and greater Europe.

Kohlberg is a leading private equity firm headquartered in Mount Kisco, N.Y., with over 30 years of successful experience partnering with management and companies like PCI Pharma Services. Mubadala Investment Company (“Mubadala”) is a sovereign investor managing a global portfolio, aimed at generating sustainable financial returns for its shareholder, the government of Abu Dhabi.

About PCI Pharma Services

The global healthcare industry trusts PCI for the drug development solutions that increase their products’ speed to market and opportunities for commercial success. Only PCI brings the proven experience that comes with more than 50 successful product launches each year and over five decades in the healthcare services business. Leading technology and continued investment enable us to address global development needs throughout the product life cycle — from Phase I Clinical trials through commercialization and ongoing supply. Our clients view us as an extension of their business and a collaborative partner, with the shared goal of improving patients’ lives. For more information, please visit www.pciservices.com.

About Kohlberg & Company, LLC

Kohlberg & Company, LLC (“Kohlberg”) is a leading private equity firm headquartered in Mount Kisco, New York. Since its inception in 1987, Kohlberg has organized nine private equity funds, through which it has raised over $10 billion of committed equity capital. Over its 33-year history, Kohlberg has completed 82 platform investments and approximately 200 add-on acquisitions, with an aggregate transaction value in excess of $25 billion. For more information about Kohlberg & Company, please visit www.kohlberg.com.

About Mubadala Investment Company

Mubadala Investment Company is a sovereign investor managing a global portfolio, aimed at generating sustainable financial returns for the Government of Abu Dhabi.

Mubadala’s $232 billion portfolio spans six continents with interests in multiple sectors and asset classes. We leverage our deep sectoral expertise and long-standing partnerships to drive sustainable growth and profit, while supporting the continued diversification and global integration of the economy of the United Arab Emirates.

Headquartered in Abu Dhabi, Mubadala has offices in London, Rio de Janeiro, Moscow, New York, San Francisco and Beijing.

For more information about Mubadala Investment Company, please visit www.mubadala.com

About Partners Group

Partners Group is a leading global private markets investment manager. Since 1996, the firm has invested over USD 135 billion in private equity, private real estate, private debt and private infrastructure on behalf of its clients globally. Partners Group is a committed, responsible investor and aims to create broad stakeholder impact through its active ownership and development of growing businesses, attractive real estate and essential infrastructure. With over USD 96 billion in assets under management as of 30 June 2020, Partners Group serves a broad range of institutional investors, sovereign wealth funds, family offices and private individuals globally. The firm employs more than 1,500 diverse professionals across 20 offices worldwide and has regional headquarters in Baar-Zug, Switzerland; Denver, USA; and Singapore. It has been listed on the SIX Swiss Exchange since 2006 (symbol: PGHN). For more information about Partners Group, please visit www.partnersgroup.com

Jefferies LLC served as lead financial advisor to PCI and Morgan Stanley & Co LLC served as co-advisor.

Centerview Partners LLC served as financial advisor to the Kohlberg-Mubadala consortium.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201201005415/en/

Contacts
Bailey Watroba, WE Communications
bwatroba@we-worldwide.com / +1 617-234-4110


Permalink : https://www.aetoswire.com/news/pci-pharma-services-announces-the-closing-of-the-majority-stake-acquisition-by-kohlberg-and-mubadala/en

 

Go Back

Phanar Legal and Sylla & Partners Advise State of Guinea on $14bn Project to Develop the World’s Largest Undeveloped Iron Ore Deposit.

LONDON & CONAKRY, Guinea-Wednesday 2 December 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- Boutique law firms Phanar Legal (London) and Sylla & Partners (Conakry) have jointly advised the State of Guinea on the $14 billion Simandou North project. The project is the largest mine and infrastructure project across the African continent which will unlock the potential of the world’s largest undeveloped iron ore deposit.

Phanar Legal and Sylla & Partners have provided ongoing integrated counsel to the State of Guinea to form a legal framework for the Simandou North project, culminating in the negotiation and conclusion of a mining agreement signed on 8 June 2020; as well as rail and port agreements signed on 12 November 2020.

The agreements pave the way for the construction of a 650km Trans-Guinean railway and a new coastal port with an estimated annual production capacity at 100 MTPA. The project will act as a catalyst for economic development along the railway corridor, particularly in the agricultural sector where is it expected to generate significant job opportunities.

Phanar Legal and Sylla & Partners will now seek a merger of equals to further capitalise on the emerging opportunities for law firms in Africa and Europe to collaborate on an equal footing as more African nations seek to accelerate their economic development.

Philip Rogers, Senior Partner at Phanar Legal, commented:

“This is project is truly transformational and it is a privilege to have been a part of it. We have been involved from devising and organising the tender through to signing the project documents comprising a mining convention, rail convention and port convention. It is a tribute to both the Republic of Guinea and SMB-Winning to have been able to conclude such complex negotiations during the COVID-19 pandemic.”

Mohamed Sylla, Managing Partner at Sylla & Partners, commented:

“This project will help to change the lives of future generations and I am very proud that we have supported the Government of Guinea. The vision, energy and inspiration of the President and Mining Minister, and the dedication of officials in the Mining Ministry, have brought about this transformational deal. The SMB-Winning consortium is also to be applauded for the constructive approach they have adopted throughout the process.”

View source version on businesswire.com: https://www.businesswire.com/news/home/20201201006224/en/

Contacts
For More Information:
Philip Rogers, Senior Partner, Phanar Legal
Philip.rogers@phanarlegal.com
http://www.phanarlegal.com

Mohamed Sidiki Sylla, Managing Partner, Sylla & Partners
msylla@syllapartners.com
https://www.syllapartners.com/

 

Permalink : https://www.aetoswire.com/news/phanar-legal-and-sylla-amp-partners-advise-state-of-guinea-on-14bn-project-to-develop-the-worldrsquos-largest-undeveloped-iron-ore-deposit/en

Go Back

Sylla & Partners et Phanar Legal conseillent l'État de Guinée sur un projet de 14 milliards de dollars visant à développer le plus grand gisement de minerai de fer non développé au monde

CONAKRY, Guinea et LONDRES-Mercredi 2 Décembre 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- les cabinets d'avocats Sylla & Partners (Conakry) et Phanar Legal (Londres) ont conjointement conseillé l'État de Guinée dans le cadre du projet Simandou Nord, le plus grand projet minier et d'infrastructure à travers le continent africain qui permettra de libérer le potentiel du plus grand gisement de minerai de fer non développé au monde.

Sylla & Partners et Phanar Legal ont fourni des conseils intégrés continus à l'État de Guinée ayant abouti à la négociation et la conclusion d'une convention minière signée le 8 juin et des accords ferroviaire et portuaire signés le 12 novembre 2020.

Les accords ouvrent la voie à la construction d'un chemin de fer Trans-Guinéen de 650 km et d'un port côtier d'une capacité annuelle estimée à 100 MTPA. Le projet servira de catalyseur pour le développement économique le long du corridor ferroviaire, en particulier dans le secteur agricole où il devrait générer de nombreux emplois.

Sylla & Partners et Phanar Legal vont maintenant rechercher une fusion entre égaux pour bénéficier des opportunités émergentes pour les cabinets d'avocats en Afrique et en Europe et collaborer pour satisfaire les besoins notamment des pays africains qui cherchent à accélérer leur développement économique.

Mohamed Sylla, Associé Gérant chez Sylla & Partners, a commenté:

"Ce projet contribuera à changer la vie des générations futures et je suis très fier que nous ayons soutenu le gouvernement guinéen. La vision du Président et du Ministre des Mines, ainsi que le dévouement des fonctionnaires du Ministère des mines, ont conduit à cet accord transformationnel. Il convient également d'applaudir le consortium gagnant de SMB pour l'approche constructive qu'il a adoptée tout au long du processus.”

Philip Rogers, Associé Sénior chez Phanar Legal, a commenté:

"Ce projet est transformationnel et c'est un privilège d'en avoir fait partie. Nous avons été impliqués de la conception et l'organisation de l'appel d'offres à la signature des documents de projet comprenant une convention minière, convention ferroviaire et convention portuaire. Je rends hommage à la République de Guinée et à SMB-Winning d'avoir pu conclure des négociations aussi complexes pendant la pandémie de COVID-19.”

Consultez la version source sur businesswire.com : https://www.businesswire.com/news/home/20201201006213/fr/

Contacts
Pour plus d'informations:
Mohamed Sidiki Sylla, Associé Gérant, Sylla & Partners
msylla@syllapartners.com
http://www.syllapartners.com

Philip Rogers, Associé Sénior, Phanar Legal
Philip.rogers@phanarlegal.com
http://www.phanarlegal.com


Permalink : https://www.aetoswire.com/fr/news/sylla-amp-partners-et-phanar-legal-conseillent-l39eacutetat-de-guineacutee-sur-un-projet-de-14-milliards-de-dollars-visant-agrave-deacutevelopper-le-plus-grand-gisement-de-minerai-de-fer-non-deacuteveloppeacute-au-monde/fr

Go Back

LG AND ETISALAT SHOWCASE AI-POWERED SMART HOME AT GITEX TECHNOLOGY WEEK

LG’s ThinQ Platform Serves as the Foundation for an Intelligent, Connected and Personalized Experience


DUBAI, United Arab Emirates-Sunday 6 December 2020 [ AETOS Wire ]

For GITEX Technology Week 2020, LG Electronics (LG) has partnered with Etisalat to showcase the latest innovations in smart home technology which can create a seamless experience.

At the LG ThinQ Smart Home within Etisalat’s booth, attendees are witnessing firsthand how a seamless, connected smart home can be achieved – harnessing the power of Etisalat’s Wi-Fi technology. LG’s experts are on hand to provide product demonstrations and show the technology in action, as it works to not only solve common challenges, but also anticipate and evolve in line with the user’s habits.

Forming a central role in this smart home symphony is the LG ThinQ smartphone application, which is connected to all home appliances, electronics and air solutions for a holistic overview of what truly makes a home ‘smart’.

Within its continuous R&D efforts, LG has identified an integral need to create products which deliver meaningful intelligence. Consumer research has shown that key purchasing influences typically include a desire to save – on energy consumption and cost, as well as demand for greater convenience. Common concerns around smart home technology include fear of investment due to products potentially becoming obsolete, as well as concerns around maintenance.

Addressing these aspects head-on, LG’s smart home technology consists of an ever-growing portfolio of products, with seamless connectivity via multiple access points (including voice, mobile and in-device integration), as well as promoting an open platform and ongoing collaborations with fellow industry leaders to strengthen its offerings. LG ThinQ also evolves in accordance with user needs and provides recommendations for a more personalized experience.

To prolong the lifespan of products and ensure users are getting the best out of their technology, LG’s Proactive Customer Care solution works alongside the LG ThinQ app, sending users installation reports, usage details and alerts to keep smart homes running smoothly.

On showcase at GITEX is LG’s sleek 77-inch GX OLED TV, with a built-in α9 Gen3 AI Processor that leverages deep learning algorithms to recognize content type and optimize both audio and picture quality. The television’s interface also provides a Home Dashboard through which users can operate their smart home appliances using just their voice. For audio enthusiasts, the LG SN11R sound bar demonstrates AI Room Calibration –harnessing spatial awareness technology to measure the room’s unique characteristics and balance audio to suit the environment.

As part of the company’s home appliance offering, LG ThinQ technology is showing how users can easily select temperature settings for the InstaView Door-in-Door refrigerator and check the status of the QuadWash dishwasher’s cycle remotely. Taking the chore out of laundry, LG is also displaying its TWINWash washing machine with AI Direct Drive technology, detecting clothing weight, fabric softness and optimal washing motions to keep items in their best condition.

As the importance of maintaining a comfortable and clean environment remains a focus for all, visitors are also experiencing the technology behind LG’s DUALCOOL air conditioner and PuriCare double tower air purifier, which, when operated remotely via the LG ThinQ app, also provide maintenance tips, alongside access to LG-certified parts and accessories for added convenience.

“The philosophy behind LG ThinQ enables us to continue creating products and services which seek to not only meet but exceed expectations when it comes to creating a smart home. Of course, integral to any smart home experience is a robust network, which is why we are proud to be partnering with the region’s leading service providers – Etisalat, to show visitors all the difference seamless connectivity makes in delivering on the promise of an intelligent lifestyle,” said Mr. Hongju Jeon, President, LG Electronics Gulf.

GITEX Technology Week is currently taking place between the 6-10 December 2020, during which social distancing measures and sanitization protocols are in place at the Etisalat booth and within the LG ThinQ Smart Home area. Visitors are being guided by hosts through the smart home experience, with minimized touchpoints and QR codes for access to further information, ensuring peace-of-mind.

About LG Electronics Inc.  

LG Electronics is a global innovator in technology and consumer goods with a presence in almost every country in the world and a diverse workforce of 74,000. LG is composed of five companies – Home Appliance & Air Solution, Home Entertainment, Mobile Communications, Vehicle Component Solutions and Business Solutions. With 2019 global sales of USD 53 billion, LG is a leading manufacturer of a wide range of products from TVs, washing machines, refrigerators, air conditioners, mobile devices, digital signage and automotive components. LG is also known for its premium LG SIGNATURE and advanced LG ThinQ brands, which feature the company’s artificial intelligence technology. For more news on LG, go to www.LGnewsroom.com  

About Etisalat

Etisalat Group is one of the world’s leading telecom groups in emerging markets. With consolidated net revenues at AED 52.2 billion and consolidated net profit of AED 8.7 billion for 2019, its high credit ratings reflect the company’s strong balance sheet and proven long-term performance.

Headquartered in Abu Dhabi, Etisalat was established over four decades ago in the UAE as the country’s first telecommunications service provider. An international blue-chip organisation, Etisalat Group provides innovative solutions and services to 149 million subscribers in 16 countries across the Middle East, Asia and Africa.

Etisalat is the fastest mobile network globally by Ookla® Speedtest® in 2020 providing its subscribers the most superior experience. Etisalat is named “The Most Valuable Portfolio Brand” in the Middle East and North Africa (MENA) by Brand Finance, and has become the first group from the Middle East to break the USD 10 billion barrier in terms of wider portfolio value.

Contacts
Media Contact :  

LG-One  

Aaron Budwal  

Email: aaron.budwal@lg-one.com  

 
Permalink : https://www.aetoswire.com/news/lg-and-etisalat-showcase-ai-powered-smart-home-at-gitex-technology-week/en

 

Go Back

ExaGrid Wins “Enterprise Backup Hardware Vendor of the Year” and “Storage Performance Optimisation Company of the Year”

“The Storries XVII” Marks ExaGrid’s Third Consecutive Win at Industry Awards


MARLBOROUGH, Mass. -Friday 4 December 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- ExaGrid®, the industry’s only Tiered Backup Storage solution, today announced that the company was honored with “Enterprise Backup Hardware Vendor of the Year” and “Storage Performance Optimisation Company of the Year” at the annual Storage Awards, “The Storries,” announced virtually on November 26, 2020. Winners are determined by public vote, so receipt of these awards is especially meaningful as it reflects the voices of ExaGrid’s customers and partners, and further validates ExaGrid’s differentiated product architecture and outstanding customer support. This year’s win adds to ExaGrid’s previous wins at “The Storries” including winning “Enterprise Backup Hardware Product of the Year” in 2019, and “Enterprise Backup Storage Vendor of the Year” in 2018.

ExaGrid’s disk-cache Landing Zone for backup and restore performance is tiered to a long-term retention repository for cost efficiencies as well as a scale-out storage architecture that scales as data grows. ExaGrid offers the best of both worlds by pairing the fastest backup and restore performance with the lowest cost long-term retention storage.

“We are thrilled to win two awards this year, as just being nominated in seven categories alongside leaders in the industry has been quite an honor,” said Bill Andrews, President and CEO of ExaGrid. “ExaGrid continues to innovate and build out product features that resolve the issues that customers often face with backup storage. This year, we released the Retention Time-Lock for Ransomware Recovery Feature in our software version 6.0, becoming the only solution to offer a delayed delete ransomware recovery strategy from backup storage. The new software version also added improvements to the user interface and enhanced deduplication and replication performance with different backup applications. ExaGrid is determined to change the economics of backup by eliminating product obsolescence and expensive forklift upgrades, and ensuring our system is cost-effective up front with savings from deduplication without impact on performance, and cost-effective over time as data grows with our scale-out architecture. Many thanks to everyone who voted for us to win these awards, we are truly grateful,” said Andrews.

ExaGrid has won the following awards in 2020:

Network Computing Awards - Company of the Year
Network Computing Awards - Hardware Product of the Year
Storage Awards “The Storries XVII” - Enterprise Backup Hardware Vendor of the Year
Storage Awards “The Storries XVII” - Storage Performance Optimisation Company of the Year
About ExaGrid

ExaGrid provides tiered backup storage with a unique disk-cache Landing Zone, long-term retention repository, and scale-out architecture. ExaGrid’s Landing Zone provides for the fastest backups, restores, and instant VM recoveries. The retention repository offers the lowest cost for long-term retention. ExaGrid’s scale-out architecture includes full appliances and ensures a fixed-length backup window as data grows, eliminating expensive forklift upgrades and product obsolescence. Visit us at exagrid.com or connect with us on LinkedIn. See what our customers have to say about their own ExaGrid experiences and why they now spend significantly less time on backup in our customer success stories.

ExaGrid is a registered trademark of ExaGrid Systems, Inc. All other trademarks are the property of their respective holders.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201203005089/en/

Contacts
Kristina O’Connell
ExaGrid
koconnell@exagrid.com

 

Permalink : https://www.aetoswire.com/news/exagrid-wins-ldquoenterprise-backup-hardware-vendor-of-the-yearrdquo-and-ldquostorage-performance-optimisation-company-of-the-yearrdquo/en

Go Back

Dan Bilzerian Joins Team GGPoker & Celebrates With $100,000 Birthday Freeroll

King of Instagram’s 40th birthday bash planned for Monday, December 7


DUBLIN -Friday 4 December 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- GGPoker today announces that Dan Bilzerian has joined Team GGPoker as a brand ambassador. One of the world’s most recognizable poker players and social media influencers, with over 32 million followers on Instagram, “Blitz” will represent GGPoker live and online.

To celebrate the news, the online poker room will host a special 40th birthday party for the ‘King of Instagram’ on December 7 in the form of a $100,000 Birthday Freeroll poker tournament. This free-to-enter poker game is open to all new GGPoker players that sign up using code BLITZ40 and deposit $10 or more.

What: Dan’s $100,000 Birthday Freeroll

When: Monday, December 7 at 17:00 UTC

How To Enter: Sign up using code BLITZ40, deposit at least $10 and use your ticket to register for the freeroll tournament

Tournament Prize Pool: $100,000

○ The winner will receive a first prize of at least $10,000, and in addition will receive a $3,000 buy-in to be used in a once-in-a-lifetime heads-up series vs Dan!

○ At least 50% of the field will win cash prizes

Extra Bounty Prizes:

○ Knock Dan out to win an all-expenses paid trip to Las Vegas in summer 2021 to party with him

○ Knock any other Team GGPoker player (ambassador or GGSquad member) or one of Dan’s special guests (check out GGPoker on Twitter for full list) to win a Spin & Gold bundle ($200 value) or $1,000 in cash for one lucky winner

“In these crazy times, GGPoker is the best option to get my poker on - they cater to the recreational players and that’s the future of poker, not a bunch of math nerds,” said Dan Bilzerian. “I’ve battled guys from the $2 buy-in to the $200,000 buy-in tables at GGPoker, and will be working with GG to make cash game tables even better for the average player out there.”

“Dan joining Team GGPoker is a huge win! No one in poker has a bigger reach than Dan,” said Daniel Negreanu, GGPoker ambassador. “He has won millions in cash games and isn’t afraid to get into the mix against the sharks in the high-stakes streets at GGPoker!”

New GGPoker players are also eligible to claim the poker room’s Welcome Bonus, earn even more rewards with the Honeymoon for Newcomers promotion and automatically join GGPoker’s Fish Buffet loyalty program, with regular cash prizes on offer.

For full details on Dan’s $100,000 Birthday Freeroll, please visit: https://promo.ggpoker.com/bilzerian-birthday-freeroll

About GGPoker: GGPoker is one of the world’s leading online poker rooms, with a growing global player base. It offers a range of innovative games and features such as the patented Rush & Cash poker, All-In or Fold, Spin & Gold, integrated staking platform, SnapCam video messaging, the ability to squeeze your hole cards, PokerCraft, and Smart HUD, all designed to enhance gaming experiences and make poker more fun than ever. During November and December 2020, GGPoker hosts both the WSOP Main Event and the WSOP Winter Circuit tournament series.

Find out more about GGPoker at GGPoker.com and on Facebook and Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201203005724/en/

Contacts
Paul Burke
press@ggpoker.com

 

Permalink : https://www.aetoswire.com/news/dan-bilzerian-joins-team-ggpoker-amp-celebrates-with-100000-birthday-freeroll/en

Go Back

Takeda Completes Sale of Select OTC and Non-Core Assets to Celltrion in Asia Pacific

- Further sharpens Takeda’s focus on ‘fast tracking’ patient access to highly innovative medicines for complex and rare diseases in Asia Pacific and the Emerging Markets


OSAKA, Japan-Tuesday 1 December 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) (“Takeda”) today announced the completion of its previously-announced sale of a portfolio of select products to Celltrion Inc. (“Celltrion”) for a total value of $278 million USD inclusive of milestone payments. The portfolio includes 18 pharmaceutical products and over-the-counter (OTC) products sold in Asia Pacific, which is part of Takeda’s Growth & Emerging Markets Business Unit. This divestment agreement was first announced in June 2020.

The divested portfolio includes pharmaceutical products and OTC products in the Cardiovascular, Diabetes and General Medicine therapeutic areas, sold in Australia, Hong Kong, Macau, Malaysia, Philippines, Singapore, South Korea, Taiwan and Thailand. The products, while addressing key patient needs in these countries and territories, are outside of the business areas Takeda has chosen as core to its global long-term growth. As part of the deal, Takeda will continue to manufacture the portfolio of divested products and supply them to Celltrion under a manufacturing and supply agreement.

Takeda intends to use the proceeds from the sale to reduce its debt and accelerate deleveraging towards its target of 2x net debt/adjusted EBITDA within Fiscal Years 2021–2023.

Takeda has exceeded its $10 billion non-core asset divestiture target and has announced 10 deals since January 2019 to date for a total aggregate value of up to ~$11.3 billion, including agreements to divest:

Takeda Consumer Healthcare Company Limited to Oscar A-Co KK, a company controlled by funds managed by The Blackstone Group Inc. and its affiliates for a total value of approximately JPY 242.0 billion ($2.3 billion USD).
Other non-core portfolio assets within the Growth & Emerging Markets Business Unit, totaling ~$1.7 billion* with three separate buyers.
Select OTC and non-core assets in Europe to Orifarm for approximately $670 million.
Non-core assets in Europe and Canada to Cheplapharm for approximately $562 million.
The TachoSil Fibrin Sealant Patch to Corza Health, Inc. for approximately €350 million.
Transactions still pending are expected to close by March 31, 2021, subject to customary legal and regulatory closing conditions.

* Including an agreement for $825 million with Hypera S.A. for select non-core products in Latin America which remains subject to close.

About Takeda Pharmaceutical Company Limited

Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) is a global, values-based, R&D-driven biopharmaceutical leader headquartered in Japan, committed to bringing Better Health and a Brighter Future to patients by translating science into highly-innovative medicines. Takeda focuses its R&D efforts on four therapeutic areas: Oncology, Rare Diseases, Neuroscience, and Gastroenterology (GI). We also make targeted R&D investments in Plasma-Derived Therapies and Vaccines. We are focusing on developing highly innovative medicines that contribute to making a difference in people's lives by advancing the frontier of new treatment options and leveraging our enhanced collaborative R&D engine and capabilities to create a robust, modality-diverse pipeline. Our employees are committed to improving quality of life for patients and to working with our partners in health care in approximately 80 countries.

For more information, visit https://www.takeda.com.

Important Notice

For the purposes of this notice, “press release” means this document, any oral presentation, any question and answer session and any written or oral material discussed or distributed by Takeda Pharmaceutical Company Limited (“Takeda”) regarding this release. This press release (including any oral briefing and any question-and-answer in connection with it) is not intended to, and does not constitute, represent or form part of any offer, invitation or solicitation of any offer to purchase, otherwise acquire, subscribe for, exchange, sell or otherwise dispose of, any securities or the solicitation of any vote or approval in any jurisdiction. No shares or other securities are being offered to the public by means of this press release. No offering of securities shall be made in the United States except pursuant to registration under the U.S. Securities Act of 1933, as amended, or an exemption therefrom. This press release is being given (together with any further information which may be provided to the recipient) on the condition that it is for use by the recipient for information purposes only (and not for the evaluation of any investment, acquisition, disposal or any other transaction). Any failure to comply with these restrictions may constitute a violation of applicable securities laws.

The companies in which Takeda directly and indirectly owns investments are separate entities. In this press release, “Takeda” is sometimes used for convenience where references are made to Takeda and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to subsidiaries in general or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

Forward-Looking Statements

This press release and any materials distributed in connection with this press release may contain forward-looking statements, beliefs or opinions regarding Takeda’s future business, future position and results of operations, including estimates, forecasts, targets and plans for Takeda. Without limitation, forward-looking statements often include words such as “targets”, “plans”, “believes”, “hopes”, “continues”, “expects”, “aims”, “intends”, “ensures”, “will”, “may”, “should”, “would”, “could” “anticipates”, “estimates”, “projects” or similar expressions or the negative thereof. These forward-looking statements are based on assumptions about many important factors, including the following, which could cause actual results to differ materially from those expressed or implied by the forward-looking statements: the economic circumstances surrounding Takeda’s global business, including general economic conditions in Japan and the United States; competitive pressures and developments; changes to applicable laws and regulations; the success of or failure of product development programs; decisions of regulatory authorities and the timing thereof; fluctuations in interest and currency exchange rates; claims or concerns regarding the safety or efficacy of marketed products or product candidates; the impact of health crises, like the novel coronavirus pandemic, on Takeda and its customers and suppliers, including foreign governments in countries in which Takeda operates, or on other facets of its business; the timing and impact of post-merger integration efforts with acquired companies; the ability to divest assets that are not core to Takeda’s operations and the timing of any such divestment(s); and other factors identified in Takeda’s most recent Annual Report on Form 20-F and Takeda’s other reports filed with the U.S. Securities and Exchange Commission, available on Takeda’s website at: https://www.takeda.com/investors/reports/sec-filings/ or at www.sec.gov. Takeda does not undertake to update any of the forward-looking statements contained in this press release or any other forward-looking statements it may make, except as required by law or stock exchange rule. Past performance is not an indicator of future results and the results or statements of Takeda in this press release may not be indicative of, and are not an estimate, forecast, guarantee or projection of Takeda’s future results.

View source version on businesswire.com: https://www.businesswire.com/news/home/20201130005972/en/

Contacts
Japanese Media
Kazumi Kobayashi
kazumi.kobayashi@takeda.com
+81 (0) 3-3278-2095

Media outside Japan
Justine Grosvenor
justine.grosvenor@takeda.com
+1 872 226 6701

Investor Relations Contact:
Christopher O’Reilly
takeda.ir.contact@takeda.com
+81 (0) 3-3278-2306


Permalink : https://www.aetoswire.com/news/takeda-completes-sale-of-select-otc-and-non-core-assets-to-celltrion-in-asia-pacific/en

Go Back

17 blog posts

Blog Search

Comments

There are currently no blog comments.