CHARLOTTE, N.C., April 18, 2023 /PRNewswire/ JELD-WEN Holding, Inc. (NYSE: JELD), a leading global manufacturer of building products, today announced that it has completed its comprehensive review of strategic alternatives for its Australasia business and has entered into a definitive sale agreement with Platinum Equity to sell 100% of the business for approximately $688 million Australian dollars (or approximately US$461 million1) before tax and subject to certain adjustments. JELD-WEN anticipates minimal tax leakage associated with the transaction. "Today's announcement marks continued execution against our strategy to streamline and simplify our business and maximize shareholder value," said William J. Christensen, JELD-WEN chief executive officer. "I want to personally thank our Australasia team for their hard work and dedication to serving customers. We look forward to working with Platinum on executing a seamless transition for the business." Platinum E
Newtown (Pennsylvania) [US], February 9 (ANI/PRNewswire): EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced EPAM Systems India Private Limited (EPAM India) received the 2022 Golden Peacock Award for Corporate Social Responsibility [IT Sector] in the areas of education, environment, social innovation and community. In 2022, thousands of children, students and startups benefited from EPAM India's corporate social responsibility initiatives, including: - EPAM eKIDS Program: More than 12,000 students (48% girls) from under-represented communities, received access to high-quality computing education across India. - Global Wild Wisdom Challenge: More than 25,000 children from nearly 400 schools helped accelerate tiger recovery efforts and raise awareness of the ecosystems in which they thrive, as part of an initiative in partnership with World Wildlife Fund India. - #GreenTech Revolution: Under EPAM's Social Im
SYDNEY, Dec. 7, 2022 /PRNewswire/ Parnell Pharmaceuticals Holdings Ltd (OTC Pink Open Market: PARNF) ("Parnell") today commenced its previously announced backstopped rights offering to raise gross proceeds of approximately US$4.0 million (the "Rights Offering"). Under the terms of the Rights Offering, at no charge, the qualifying shareholders as of 5:00 PM (Eastern Time), on December 6, 2022 (the "Record Date"), of Parnell's fully paid ordinary shares of common stock ("Ordinary Shares") are entitled to exercise their subscription rights to purchase their pro rata share of the US$4.0 million offering amount, as more fully described in the offering circular (the "Offering Circular") issued in connection with the Rights Offering. Each subscription right may be exercised to purchase 1.8585 Ordinary Shares at a subscription price equal to US$0.075 per share. No fractional shares will be issued. The subscription rights may be exercised
New Delhi [India]/ Tempe (Arizona) [US], September 19 (ANI/PRNewswire): Azure Power Global Limited (NYSE: AZRE) ("Azure Power"), a leading independent sustainable energy solutions provider and renewable power producer in India, announced that it has entered into an agreement for 600 megawatts (MW)DC of high-performance, advanced thin film photovoltaic (PV) solar modules from First Solar, Inc. (NASDAQ: FSLR). The agreement is the first for production from First Solar's new manufacturing facility in Tamil Nadu, India, which is expected to be commissioned in the second half of 2023. Under the agreement, Azure Power is expected to take delivery of First Solar's Series 7 photovoltaic (PV) solar modules from the fourth quarter of 2023 to 2025. "We are pleased to partner with First Solar with their latest Series 7. Having a long-term agreement with global solar modules technology leaders like First Solar is key to de-risking our supply side with the latest technology av
Expanding footprint of luxury and lifestyle hotels and resorts sees Hyatt's brands entering new markets across the region, offering unique experiences to guests, World of Hyatt members and customers CHICAGO, Sept. 6, 2022 /PRNewswire/ Hyatt Hotels Corporation(NYSE: H) today announced plans for the continued growth of its brand portfolio in Asia Pacific with a robust pipeline of landmark luxury and lifestyle hotels and resorts that are expected to open in late 2022 and 2023, ideally timed to coincide with the emerging rebound of leisure travel in the region. This includes the strategic entry of several brandsinto new markets, such as the arrival of The Unbound Collection by Hyatt brand in Japan, the Andaz brand in Thailand, and the Hyatt Centric brand in Southeast Asia with a new hotel in Malaysia. These upcoming openings follow the notable debut of the following hotels earlier this year: Alila Kothaifaru Maldivesin the pristine Raa Atoll, April 2022 Park Hyatt Jakarta, marking the