Dril-Quip Announces Complete Merger with Innovex Creating Unique Energy Industrial Platform

Adam Anderson - CEO of Innovex “We’re thrilled to complete the Innovex and Dril-Quip merger, creating a differentiated business with a curated portfolio of technologies that support our customers throughout the well’s lifecycle. I’d like to thank the employees of our combined company for all they have done to bring us to this milestone. Leveraging our talent and ‘No Barriers’ culture, we will deliver superior growth, cash flow and returns creating value for our employees and our shareholders,” said Adam Anderson, CEO of Innovex International. (Photo: Business Wire)

Dril-Quip, Inc. (NYSE: DRQ) (“Dril-Quip” or the “Company”), a leading developer, manufacturer and provider of highly engineered equipment and services for the global offshore and onshore oil and gas industry, recently announced it has completed its previously announced merger with Innovex Downhole Solutions, Inc., a designer and manufacturer of products to support global upstream onshore […]

euNetworks Announces Closing of a Euro 2.1 Billion Equity Recapitalisation

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euNetworks Group Holdings Limited, a Western European bandwidth infrastructure company, recently announced that it has closed on a €2.1 billion equity recapitalisation. Leading investors in the recap included a Stonepeak managed vehicle anchored by Mercer and Aware Super, and direct investments from the Investment Management Corporation of Ontario (“IMCO”) and APG Asset Management (“APG”).The equity […]

PureTech Announces the Appointment of Michele Holcomb, PhD, to the Board of Directors

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PureTech Health plc (Nasdaq: PRTC, LSE: PRTC) (“PureTech” or the “Company”), a clinical-stage biotherapeutics company dedicated to changing the lives of patients with devastating diseases, recently announced that Michele Holcomb, PhD, will join its board of directors as an independent non-executive director. Dr. Holcomb’s appointment will take effect as of September 23, 2024. She brings more […]

Everen Group Announces Appointment of Robert Foskey as President and CEO

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The Everen Group, a group of leading energy insurance companies, announced the appointment of Robert Foskey as its new President and Chief Executive Officer, effective August 5, 2024. Mr. Foskey brings extensive experience and a strong track record at the Everen Group and will lead the company into its next phase of growth and innovation. […]

ProAssurance Elects Richard J. Bielen, C.P.A., and Staci M. Pierce, J.D., to its Board

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ProAssurance Corporation (NYSE: PRA) on 23rd May announced that at its Annual Meeting of Shareholders held on May 22, shareholders elected new directors Richard J. Bielen, C.P.A., and Staci M. Pierce, J.D., and re-elected directors Bruce D. Angiolillo, J.D. (chairman), and Samuel A. Di Piazza, Jr., C.P.A., to serve three-year terms expiring at the company’s 2027 […]

Blend Labs Partners with Haveli Investments securing USD 150Mln investment

Blend Labs Announces Strategic Partnership with Haveli Investments, including $150 Million Investment

Blend Labs, Inc., a leading provider of cloud banking services,and Haveli Investments (“Haveli”), a technology-focused private equity firm, today announced a $150 million investment in the Company by Haveli Investments in the form of convertible preferred stock with a zero percent coupon. Blend will use approximately $145 million of the proceeds to repay all amounts […]

4P-Pharma secures a total capital of EUR 15Mln in second closing

4P-Pharma Announces Total Capital of €15 Million Successfully Secured in Second Closing

4P-Pharma, a Lille-based clinical-stage startup studio focused on developing curative therapies for untreated serious diseases, announces that it has successfully secured a total capital of €15 million in its second closing with participation from private investors. With this funding, 4P-Pharma’s shareholders renew their confidence in the company’s drug regeneration model for untreated serious diseases. They […]

GHD welcomes Jim Giannopoulos as new global CEO

Jim Giannopoulos, CEO, GHD

Global professional services company, GHD, has appointed Jim Giannopoulos as Chief Executive Officer, succeeding Ashley Wright and effective 2 April 2024. The planned transition process, announced to shareholders and employees in December, continues the employee-owned company’s history of succession from within its operations. Giannopoulos was most recently CEO – Americas, having led the Canadian and […]

Aramco Digital and LTIMindtree sign a shareholders’ agreement

Signing of the shareholders' agreement between LTIMindtree and Aramco Digital. Left to right, Sudhir Chaturvedi, President, and Executive Board Member, LTIMindtree and Tareq Amin, CEO, Aramco Digital.

Aramco Digital, the digital and technology subsidiary of Aramco, and LTIMindtree, a global technology consulting and digital solutions company, have signed a shareholders’ agreement to create an IT services company in the Kingdom of Saudi Arabia. The prospective company would showcase innovation in action, including disruptive digital services, and transformative industry 4.0 systems integration capabilities. […]

Capital One to acquire Discover Financial Services

Capital One Financial Corporation to acquire Discover Financial Services

Capital One Financial Corporation and Discover Financial Services recently announced that they have entered into a definitive agreement under which Capital One will acquire Discover in an all-stock transaction valued at $35.3 billion. The transaction brings together two companies with long-standing track records of delivering attractive and resilient financial results, award-winning customer experiences, breakthrough innovation, and […]