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Home » Archives for Business Wire » Page 343

Prosus to Acquire Latin America’s Leading Online Travel Agency, Despegar, for US$1.7bn

December 23, 2024 By Business Wire

AMSTERDAM & JOHANNESBURG, South Africa--(BUSINESS WIRE)--Prosus, a global technology company, today announces that it has entered into a definitive agreement to acquire Despegar (NYSE: DESP) a leading Latin American Online Travel Agency (OTA), for $19.50 per share, equating to a 33% premium to the closing share price as of 20 December 2024, and a 34% premium to Despegar’s … [Read more...] about Prosus to Acquire Latin America’s Leading Online Travel Agency, Despegar, for US$1.7bn

Despegar.com Enters Into Merger Agreement to Be Acquired by Prosus for $19.50 Per Share in Cash

December 23, 2024 By Business Wire

Key Highlights: Despegar, a global leader in online travel services, and Prosus, a leading global technology company, join forces in an all cash transaction Shareholders of Despegar will receive $19.50 per share in cash, which represents an approximately 33% premium over its closing price of $14.65 and a premium of approximately 34% over its 90-day volume weighted average … [Read more...] about Despegar.com Enters Into Merger Agreement to Be Acquired by Prosus for $19.50 Per Share in Cash

VanEck Announces Year-End Distributions for VanEck Equity ETFs

December 21, 2024 By Business Wire

NEW YORK--(BUSINESS WIRE)--VanEck announced today the following 2024 annual distributions per share for its VanEck® equity exchange-traded funds. Distributions Per Share for the VanEck ETFs Listed Below Ex-Date: December 23, 2024 | Record Date: December 23, 2024 | Payable Date: December 24, 2024 Fund Ticker   Income Approximate % of Income from PFICs Short-Term Capital … [Read more...] about VanEck Announces Year-End Distributions for VanEck Equity ETFs

AtlasClear Holdings Announces Intent to Effect Reverse Stock Split

December 21, 2024 By Business Wire

Common Stock Will Begin Trading on a Split-Adjusted Basis on January 2, 2025TAMPA, Fla.--(BUSINESS WIRE)--AtlasClear Holdings, Inc. (NYSE American: ATCH) (“AtlasClear Holdings” or the “Company”) today announces that it intends to effect a 1-for-60 reverse stock split of its issued and outstanding shares of common stock (the “Reverse Stock Split”). The Reverse Stock Split will … [Read more...] about AtlasClear Holdings Announces Intent to Effect Reverse Stock Split

Sharing Economy Global Strategic Business Report 2024: Market to Reach $1.4 Trillion by 2030, Rising Popularity of Peer-to-Peer Platforms Drives Growth – ResearchAndMarkets.com

December 20, 2024 By Business Wire

DUBLIN--(BUSINESS WIRE)--The "Sharing Economy - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering. The global market for Sharing Economy was estimated at US$287.9 Billion in 2023, and is projected to reach US$1.4 Trillion by 2030, growing at a CAGR of 25.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of … [Read more...] about Sharing Economy Global Strategic Business Report 2024: Market to Reach $1.4 Trillion by 2030, Rising Popularity of Peer-to-Peer Platforms Drives Growth – ResearchAndMarkets.com

Sei Labs Releases New “Giga” Roadmap That Will Bring 50x Improvement to Blockchain Performance

December 20, 2024 By Business Wire

By rebuilding the EVM and scaling to 5 gigagas per second, the equivalent of up to 250k TPS, Sei Labs closes the performance gap between Web2 and Web3 while driving blockchain adoption.NEW YORK--(BUSINESS WIRE)--Sei Labs, the main contributor to Sei, the fastest Layer 1 EVM blockchain, today announced its latest roadmap, dubbed “Giga”, charting its path to becoming the most … [Read more...] about Sei Labs Releases New “Giga” Roadmap That Will Bring 50x Improvement to Blockchain Performance

NEOS Investments Announces Strategic Investment from Aretex Capital and Tom Lydon

December 20, 2024 By Business Wire

WESTPORT, Conn.--(BUSINESS WIRE)--NEOS Investments LLC, an innovative ETF issuer known for its tax-efficient income strategies, announces that Aretex Capital Partners, along with ETF industry expert Tom Lydon, acquired a minority interest in the company. “We are excited to welcome Andrew Feller, David Badham and Tom Lydon. This partnership allows NEOS to continue focusing on … [Read more...] about NEOS Investments Announces Strategic Investment from Aretex Capital and Tom Lydon

Akash Network Token Debuts as Exchange-Traded Product on Sweden’s Spotlight Stock Market

December 20, 2024 By Business Wire

Akash’s AKT token meets EU regulatory requirements, marking its first equity market listingAUSTIN, Texas--(BUSINESS WIRE)--Overclock Labs, which created decentralized computing marketplace Akash Network, announced that Akash’s AKT token is now available to investors through an Exchange-Traded Product (ETP) on Sweden's Spotlight Stock Market. The listing, offered through Valour … [Read more...] about Akash Network Token Debuts as Exchange-Traded Product on Sweden’s Spotlight Stock Market

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