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Thursday, July 3, 2025

Tag: Franchises

Theratechnologies enters into Definitive Agreement to be Acquired by CB Biotechnology, an Affiliate of Future Pak

MONTREAL, July 02, 2025 (GLOBE NEWSWIRE) -- Theratechnologies Inc. (“Theratechnologies” or the “Company”) (TSX: TH) (NASDAQ: THTX), a commercial-stage biopharmaceutical company, today announced that it has entered into a binding arrangement agreement with CB Biotechnology, LLC (the “Purchaser”), an affiliate of Future Pak, LLC (“Future Pak”), a privately held contract manufacturer, packager and distributor of pharmaceutical and nutraceutical products, whereby the Purchaser will acquire all the issued and outstanding common shares of the Company for US$3.01 per share in cash plus one contingent value right (“CVR”) per share for additional aggregate cash payments of up to US$1.19 per CVR if certain milestones as described below are achieved (the “Transaction”). The total Transaction consideration, assuming full payment of the CVRs, is US$254 million.

Theratechnologies conclut un accord définitif en vue de son acquisition par CB Biotechnology, un membre du même groupe que Future Pak

MONTRÉAL, 02 juill. 2025 (GLOBE NEWSWIRE) -- Theratechnologies Inc. (« Theratechnologies » ou la « Société ») (TSX : TH) (NASDAQ : THTX), une société biopharmaceutique au stade de la commercialisation, a annoncé aujourd’hui qu’elle a conclu une convention d’arrangement contraignante avec CB Biotechnology, LLC (l’« Acquéreur »), un membre du même groupe que Future Pak, LLC (« Future Pak »), une société fermée de fabrication, de conditionnement et de distribution à façon de produits pharmaceutiques et nutraceutiques. Aux termes de la convention d’arrangement, l’Acquéreur acquerra toutes les actions ordinaires émises et en circulation de la Société pour 3,01 $ US par action en espèces, plus un droit conditionnel à la valeur (« DCV ») par action représentant des paiements supplémentaires totaux en espèces pouvant atteindre 1,19 $ US par DCV si certains jalons décrits plus en détail ci-après sont atteints (l’« Opération »). La contrepartie totale de l’Opération, en supposant le paiement intégral des DCV, se chiffre à 254 millions de dollars américains.

BBVA Deepens Partnership with Google Cloud to Innovate with AI

BBVA is taking a strategic step in its digital transformation by expanding its long-standing collaboration with Google Cloud through the deployment of Google...

KRAFTON ANNOUNCES GAMING INDUSTRY VETERAN STEVE PAPOUTSIS AS NEW CEO OF UNKNOWN WORLDS

New leadership to prioritize development momentum and delivering best possible fan experience for long-anticipated Subnautica 2 launch. SEOUL, South Korea, July 1, 2025 /PRNewswire/ --...

Slurpee Day Just Got Cooler: 7-Eleven, Inc. Celebrates with a Tongue-Too Takeover

Celebrate 98 years of flavor and fun with a first-of-its-kind Slurpee Day experience IRVING, Texas, July 1, 2025 /PRNewswire/ -- 7-Eleven, Inc.'s annual birthday tradition...

THE PURPOSE-DRIVEN TRAVELER: NEW REPORT REVEALS SHIFT IN ASIA PACIFIC LUXURY TRAVEL TRENDS

The Luxury Group by Marriott International launches 'The Intentional Traveler' report, unveiling evolving behaviors among high-net-worth travelers across seven markets Wellness plays key role in destination choice, with...

Spin Master Celebrates 25 Years of Nickelodeon’s Iconic Explorer Dora, with an All-New Toy Collection Inspired by the Hit Paramount+ Original Animated Preschool Series

Beloved Latina Heroine Returns with New Toys to Spark Adventure, Learning, and Imagination TORONTO, June 30, 2025 /PRNewswire/ - Spin Master Corp., a leading global children's...

7-Eleven, Inc. Releases 2024 Impact Report

This year's report demonstrates continued progress in sustainability and social impact for the global convenience retail leader IRVING, Texas, June 30, 2025 /PRNewswire/ -- 7-Eleven,...

eSports Market to Surge from USD 2.3 Billion to USD 9.1 Billion by 2032 – Meticulous Research®

Growing Gaming Infrastructure, Mobile Platform Expansion, and Professional Tournament Ecosystem Drive 21.8% CAGR Growth Across Global Digital Entertainment Sectors REDDING, Calif., June 27, 2025 /PRNewswire/...

eSports Market to Surge from USD 2.3 Billion to USD 9.1 Billion by 2032 – Meticulous Research®

Growing Gaming Infrastructure, Mobile Platform Expansion, and Professional Tournament Ecosystem Drive 21.8% CAGR Growth Across Global Digital Entertainment Sectors REDDING, Calif., June 27, 2025 /PRNewswire/...

OverActive Media Announces Results of Voting at Annual and Special Meeting of Shareholders

TORONTO, June 26, 2025 /CNW/ - OverActive Media ("OverActive" or the "Company") (TSXV: OAM) (OTC: OAMCF), a global esports and entertainment company for today's...

A TASTE OF HERITAGE: FOUR POINTS BY SHERATON SINGAPORE, RIVERVIEW UNVEILS AH PUI TEOCHEW PORRIDGE BUFFET

SINGAPORE, June 25, 2025 /PRNewswire/ -- In a heartfelt tribute to Singapore's 60th birthday, Four Points by Sheraton Singapore, Riverview is proud to introduce an...

House of Sillage Unveils “Superman”—A Fragrance that Honors the Duality of a Hero

House of Sillage releases the new Superman Fragrance in collaboration with WBDGCP to celebrate the upcoming film Superman, directed by James Gunn.

ROLLER and Slick City Team Up to Share the Franchise Growth Playbook in Upcoming Webinar

ROLLER is presenting a free webinar with Slick City, one of the fastest-growing family entertainment brands, sharing what operators can learn from their rapid...

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