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Wednesday, June 17, 2026

Tag: development

America 250 Celebration Rallies Around Veterans Trekking the Great American Rail-Trail

A series of events in and around Norfolk, Nebraska—the midpoint of America's first cross-country multiuse trail—elevate magnitude of outdoor recreation's role in nation's well-beingWASHINGTON,...

Tamarack Valley Energy Ltd. Closes Previously Announced Sale of Charlie Lake Assets

TSX: TVECALGARY, AB, June 16, 2026 /CNW/ - Tamarack Valley Energy Ltd. has successfully closed the previously announced sale of its Charlie Lake assets for...

OMO-X Begins Global First Deliveries, Ushering Motorcycles into the 3.0 Era

JAKARTA, Indonesia, June 16, 2026 /PRNewswire/ -- OMOWAY announced the delivery of the world's first batch of OMO-X motorcycles in Indonesia on June 15....

Claret Capital Partners participates in €130m financing for Inventiva to support Phase 3 development

Claret Capital Partners is providing growth funding of €43m as part of Inventiva’s €130m debt financing, to support its lead asset through Phase 3.

DuPont to Unveil New Tyvek® Innovation at Safe@Work 2026 in Thailand

New Tyvek® innovation designed to support worker safety and comfort across ASEANBANGKOK, June 16, 2026 /PRNewswire/ -- DuPont (NYSE: DD) today announced that it...

Wuhan extends sincere invitation to young people across the globe

BEIJING, June 16, 2026 /PRNewswire/ -- A report from China Daily ...

Innovative Molecules Expands Virology Pipeline with Novel EBV Antiviral Program

MUNICH, June 16, 2026 /PRNewswire/ -- Innovative Molecules GmbH ("IM"), a clinical-stage biopharmaceutical company focused on herpesvirus-mediated diseases, today announced the advancement of its virology...

Shell Recharge and SINEXCEL Launch Joint Innovation Lab to Accelerate EV Charging Innovation

SHENZHEN, China, June 16, 2026 /PRNewswire/ -- Shell Recharge and SINEXCEL (300693.SZ) officially signed a Memorandum of Understanding (MoU) and inaugurated the Shell Recharge–SINEXCEL Joint...

Shell Recharge and SINEXCEL Launch Joint Innovation Lab to Accelerate EV Charging Innovation

SHENZHEN, China, June 16, 2026 /PRNewswire/ -- Shell Recharge and SINEXCEL (300693.SZ) officially signed a Memorandum of Understanding (MoU) and inaugurated the Shell Recharge–SINEXCEL Joint...

Dreame Technology Unveils High-Performance L50s Pro Ultra and L50 Ultra CE Robotic Vacuum Cleaners in India, Setting New Benchmarks in Suction Performance

Starting 16th June, L50s Pro Ultra and L50 Ultra CE will be available on Amazon India, Dreame Technology India website, Croma, and select retail...

Fiserv Announces Launch of Tender Offers for Any and All of its Outstanding 5.150% Senior Notes due 2027 and 4.400% Senior Notes due 2049

MILWAUKEE, June 16, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV) (the “Company”), a leading global provider of payments and financial services technology solutions, today announced the commencement of tender offers to purchase for cash any and all of the senior notes issued by the Company listed in the table below (collectively, the “Notes”). The tender offers (the “Offers”) are being made pursuant to the Offer to Purchase, dated June 16, 2026 (the “Offer to Purchase”).

Net asset value of the EfTEN United Property Fund as of 31.05.2026

EfTEN United Property Fund earned a net profit of 109 thousand euros in May, and 812 thousand euros over the first five months of 2026 (compared to 1 322 thousand euros in the same period last year). In May, the fund decided to make a cash distribution to investors in the amount of 1,060 thousand euros, or 42.676 euro cents per unit. As a result, the net asset value (NAV) per fund unit decreased by 3,2% and stood at 11,66 euros at the end of May. Without the distribution, the NAV of EfTEN United Property Fund would have grown by 0,4% over the month.

LHV Group results in May 2026

AS LHV Group’s May financial results reflected positive performance, with the results of all subsidiaries in line with the financial plan. LHV Group earned a consolidated net profit of EUR 9.1 million in May, with return on equity attributable to shareholders of 14.1%. Among the subsidiaries, AS LHV Pank earned EUR 9.8 million, LHV Bank Ltd EUR 0.3 million, AS LHV Varahaldus EUR 0.2 million and AS LHV Kindlustus EUR 0.4 million in net profit.

Alvotech Announces Pricing of $152 Million Public Offering of Ordinary Shares and Concurrent Private Placement

REYKJAVIK, Iceland , June 16, 2026 (GLOBE NEWSWIRE) -- Alvotech (NASDAQ: ALVO; ALVO-SDB) (“Alvotech” or the “Company”), a global biotechnology company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the pricing of its previously announced underwritten public offering (the “Offering”) of 22,666,667 of its ordinary shares at an offering price of $3.75 per share. All ordinary shares to be sold in the Offering will be offered by Alvotech. The Offering is expected to close on or about June 17, 2026, subject to satisfaction of customary closing conditions. The Company has also granted the underwriters a 30-day option to purchase up to an additional 3,400,000 ordinary shares at the public offering price, less underwriting discounts and commissions. Before deducting the underwriting discounts and commissions and offering expenses, the Company expects to receive total gross proceeds of approximately $85 million from the Offering, or approximately $98 million if the underwriters exercise in full their option to purchase additional shares.

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