LONDON, Sept. 11, 2025 /PRNewswire/ — 80 Mile PLC (’80 Mile’ or the ‘Company’) notes the 09 September 2025 announcement by Pelican Acquisition Corporation (‘Pelican’), a company formed as a special purpose acquisition company, regarding its Definitive Agreement and Plan of Merger with Greenland Exploration Limited (“GEL”), 100% owned subsidiary of March GL Company. GEL has an… Continue reading Pelican Transaction Values 80 Mile’s 30% Jameson Interest at US$92M
Tag: Strategy
India’s Auto Dealers Warn of ‘Big Pain’ from Inventory Glut
India’s automobile retail segment enters the festive season weighing growth opportunities against operational challenges. Traditionally, automakers ramp up dispatches to dealerships ahead of Navratri and Diwali to capture a surge in consumer demand. Dealers, in turn, take on higher volumes in the expectation of rapid turnover and healthy cash flows. But this year is different:… Continue reading India’s Auto Dealers Warn of ‘Big Pain’ from Inventory Glut
Hyundai Mobis Reveals Strategy to be a Global Top 3 Supplier at IAA Mobility
Hyundai Mobis used the global platform of IAA Mobility 2025 in Munich, Germany to unveil its vision for innovative technologies that will lead the future mobility market, reaffirming its goal of becoming a global top 3 automotive supplier. The company ranks sixth on the list of the Top 100 Global Suppliers announced by Automotive News.… Continue reading Hyundai Mobis Reveals Strategy to be a Global Top 3 Supplier at IAA Mobility
Mahindra Targets Strong Festive Season EV Sales With Highest Monthly Production Of Be 6, Xev 9e.
Mahindra & Mahindra, which was the first of the Indian passenger vehicle and SUV manufacturers to announce that it was passing on full GST benefits to consumers across its ICE SUV portfolio right from September 6, is gearing up to also achieve strong sales of its two electric-origin SUVs in the festive season this year.… Continue reading Mahindra Targets Strong Festive Season EV Sales With Highest Monthly Production Of Be 6, Xev 9e.
Qualcomm and Harman Join Forces to Advance Generative AI in Automotive
Today’s drivers expect vehicles to update, adapt, and evolve like their smartphones, yet cars often still behave like legacy machines. To help close that gap, Qualcomm Technologies and Harman have announced a collaboration to deliver next-level cockpit solutions that accelerate the consumer-tech transformation of the automotive industry. The strategic initiative pairs Harman’s market-ready automotive product… Continue reading Qualcomm and Harman Join Forces to Advance Generative AI in Automotive
Brose Sitech Acquires Proseat Group to Expand Vehicle Seating Portfolio
Brose Sitech has announced the successful completion of the acquisition of the Proseat Group, which produces and develops polyurethane foam, interior, and lightweight components for the automotive sector. Proseat, based in Morfelden-Walldorf near Frankfurt am Main, is one of Europe’s leading manufacturers of foam and lightweight car seat components made of expanded polypropylene (EPP). The… Continue reading Brose Sitech Acquires Proseat Group to Expand Vehicle Seating Portfolio
Ecovyst Announces Agreement to Sell its Advanced Materials & Catalyst Segment to Technip Energies
WAYNE, Pa., Sept. 11, 2025 /PRNewswire/ — Ecovyst Inc. (NYSE: ECVT) (“Ecovyst” or the “Company”), a leading integrated and innovative global provider of advanced materials, specialty catalysts, virgin sulfuric acid and sulfuric acid regeneration services , announced today that it entered into a definitive agreement to sell its Advanced Materials & Catalysts segment to Technip… Continue reading Ecovyst Announces Agreement to Sell its Advanced Materials & Catalyst Segment to Technip Energies
PLATINUM EQUITY TO ACQUIRE EUROPEAN CUSTOM-BRANDED MERCHANDISE SPECIALIST XD CONNECTS
Envisioned combination with Solo will provide added scale, expanded product portfolio, and enhanced geographical reach, positioning both companies for growth in Europe’s custom-branded merchandise industry LOS ANGELES, Sept. 11, 2025 /PRNewswire/ — Platinum Equity announced today that it has signed a definitive agreement to acquire XD Connects, a leading designer and value-added supplier of corporate… Continue reading PLATINUM EQUITY TO ACQUIRE EUROPEAN CUSTOM-BRANDED MERCHANDISE SPECIALIST XD CONNECTS
Security and Affordability Will Shape Energy’s New Era
New BCG Report Outlines Seven Macro Shifts Reshaping the Energy Transition and Explores Four Major Implications of These Shifts Natural Gas and Nuclear See Revival Amid Push for Firm, Dispatchable Power Electricity Demand Enters Structural Supercycle, Driven by AI Datacenters and Growing Need in Global South Markets Large-Scale Grid Infrastructure Costs Up 6x Since Last Major… Continue reading Security and Affordability Will Shape Energy’s New Era
Aduna and Soprano Design, Partner to Expand Network API Adoption Across Australia and Global Markets
PLANO, Texas, Sept. 11, 2025 /PRNewswire/ — Aduna, the global aggregator of standardized network APIs, today announced its intention to enter into a strategic collaboration with Soprano Design, a leading Australian provider of enterprise messaging and digital engagement solutions. The partnership will accelerate the enablement of network API access, enhancing Soprano’s solutions by unlocking new… Continue reading Aduna and Soprano Design, Partner to Expand Network API Adoption Across Australia and Global Markets