Category business

Business Wire India

Walton Global (“Walton”), a leading real estate investment, land banking and land asset management company, announces the launch of the U.S. Land Income & Growth Fund for offshore investors. The fund is a private investment vehicle focused on income generation and long-term capital appreciation through U.S. residential land aimed at resolving the housing supply imbalance across the country.

 

The fund completed its first close in October 2025 and is structured for international investors, seeking exposure to U.S. real assets. The launch follows Walton Global’s earlier introductions of a publicly offered fund in Japan and a registered investment vehicle in Hong Kong, reflecting continued overseas demand for U.S. land-backed strategies.

 

 

The hybrid strategy provides short- to mid-term financing to large national U.S. homebuilders in positions that are secured by first-lien interests in residential land, with the land title held as collateral, generating income from interest payments. At the same time, the fund acquires pre-development residential land in U.S. metropolitan areas characterized by population growth, housing undersupply, and sustained homebuilder demand

 

 

“The fund is intended for institutional and high-net-worth investors seeking stable income and long-term growth through U.S. real asset exposure,” said Tim Haywood, Managing Director, Middle East at Walton Global. “Walton Global has decades of experience identifying assets that are positioned for value creation through entitlement progress and eventual sale to builders.”

 

 

The strategy is designed for earlier opportunities in the housing value chain, where capital is secured by land rather than finished housing or consumer demand. For international investors, U.S. residential land offers exposure to long-term housing demand with a structure that emphasizes asset backing and capital discipline. The focus on land-secured positions is intended to limit reliance on leverage or market timing, which has become a priority for investors amid ongoing market volatility.

 

 

The fund has been certified as Shariah-compliant by Masryef Advisory, expanding access for investors with Islamic finance and ethical investment mandates that require tangible, asset-backed structures.

 

 

The U.S. Land Income & Growth Fund is available to qualified investors through multiple global investment platforms including: Swissquote, Moventum, Capital Platforms, Momentum, Capital International Group, Universal Platform, Veri-Global, and Veritas Life.

 

 

Additionally, the fund is registered in the Cayman Islands and regulated by the Cayman Islands Monetary Authority and is managed by U.S. Land Manager (BVI) Limited, an affiliate of Walton’s parent company, with Walton Global Holdings, LLC responsible for sourcing, structuring, and managing land-related activities.

 

 

About Walton Global

 

 

Walton Global is a privately-owned, leading land asset management and global real estate investment company with more than 85,000 acres of land under ownership, management and administration in the United States and Canada, totaling $4.54 billion. With more than 47 years of experience, Walton has a proven track record of land investment projects within the path of growth in the fastest-growing metropolitan areas. A total of $2.96 billion has been distributed to over 87,000 investors located in 91 countries. The company works closely with top U.S. home builders, developers and industry partners. Business lines include fixed-income products, builder land financing, development projects, DST offerings, and various fund structures. For more information, visit walton.com.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260317157482/en/

 

Business Wire India

• Enables researchers worldwide to access high-quality ssDNA oligonucleotides within hours
• Establishes direct distribution networks across Latin America, Japan and South Korea

DNA Script, a pioneer in DNA synthesis providing scientists with rapid, on-demand access to high-quality DNA, today announced it has signed distribution agreements with Gencell, Bio-Medical Science Co. (BMS), and Biostream, expanding global access to the Company’s SYNTAX™ platform for decentralized, in-house and on-demand oligonucleotide production. Under the agreements, Gencell will distribute SYNTAX across Latin America, Bio-Medical Science will cover South Korea, and Biostream will support customers in Japan.

 

This expansion supports DNA Script’s strategy to broaden global adoption of SYNTAX and enable researchers located far from major oligonucleotide production hubs in Europe and the United States to access DNA more quickly and reliably. Each distributor is an established life and health sciences company with strong regional networks, enabling local access to DNA synthesis capabilities without reliance on overseas manufacturing.

 

Oligonucleotides are a critical input for a wide range of applications, but researchers located far from large-scale synthesis centers face project delays due to long delivery times or logistical constraints. DNA Script’s automated, benchtop SYNTAX platform addresses these challenges by enabling researchers to synthesize ssDNA oligonucleotides directly within the lab in only few hours, shifting the model from centralized supply chains to local DNA production and ensuring geography does not determine scientific speed.

 

Marc Montserrat, Chief Executive Officer, DNA Script, commented:“We’re excited to enter these new partnerships as part of our strategy to scale global accessibility and availability of ssDNA oligos, making them available to researchers anywhere in the world. These distributor agreements expand global access to the platform, support the Company’s continued growth, and enable researchers to access oligonucleotides more quickly and reliably, regardless of location.”

 

Fabio Andrés Zapata, CEO of Gencell, said: “This alliance represents a fundamental step toward accelerating innovation in Latin America. By bringing technologies like SYNTAX closer to researchers in the region, we help reduce development times and drive local biomanufacturing. We are proud to strengthen the region’s scientific and technological capabilities, positioning Latin America as an increasingly competitive player in global science and biotechnology.”

 

Dukhyun Lim, Vice President of Bio-Medical Science, BMS, commented:“SYNTAX offers researchers greater control and speed in oligonucleotide production, enabling increased independence and control over project workflows, and we are pleased to support its availability in South Korea.”

 

Iwabuchi Takeshi, President of BioStream Co., added: “This partnership strengthens our ability to deliver advanced life sciences technologies throughout Japan, helping customers reduce dependence on overseas synthesis and long delivery timelines.”

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260317004585/en/

 

Business Wire India

Global energy technology company SLB (NYSE: SLB) announced today that its OneSubsea™ joint venture has been awarded a multi-well, integrated engineering, production, and construction (EPC) contract by China National Offshore Oil Corporation (CNOOC). The contract encompasses 20 wells and covers the delivery of integrated subsea production systems for the deepwater Kaiping 18-1 field development in the South China Sea.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260317076557/en/

 

 

 

Under the contract, SLB OneSubsea will deliver standardized subsea production technology that includes dual electric submersible pump (ESP), gas lift and gas injection horizontal trees, manifolds, connectors, and control systems, along with installation and commissioning support.

 

“This award highlights the continued adoption of our standardized subsea systems, and the efficiency gains they can deliver on complex multi‑well projects,” said Mads Hjelmeland, chief executive officer of SLB OneSubsea. “By applying proven designs and working closely with regional partners, we can help streamline execution and support effective delivery for CNOOC.”

 

 

SLB OneSubsea’s standardized and simplified subsea architecture is designed to reduce system complexity, drive operational efficiencies, and support future field expansions. The integrated delivery model also helps to compress installation schedules and minimize offshore vessel requirements.

 

 

Project execution will leverage collaboration with regional partners to support in-country manufacturing and supply-chain capability, contributing to efficient delivery and providing continuity for future subsea developments.

 

 

Key points

 

 

• CNOOC has awarded SLB OneSubsea a multi-well EPC contract to deliver integrated subsea production systems for the Kaiping 18-1 field in the South China Sea.
• The project delivers standardized subsea production technology to help drive operational efficiency.
• Delivery will involve regional partners and in-country manufacturing to support efficient project execution.

 

 

About SLB

 

SLB (NYSE: SLB) is a global technology company that has driven energy innovation for 100 years. With a global footprint in more than 100 countries and employees representing almost twice as many nationalities, we work each day on innovating oil and gas, delivering digital at scale, decarbonizing industries, and developing and scaling new energy systems that accelerate the energy transition. Find out more at slb.com.

 

 

About SLB OneSubsea

 

 

SLB OneSubsea is driving the new subsea era that leverages digital and technology innovation to optimize our customers’ oil and gas production, decarbonize subsea operations and unlock the large potential of subsea solutions to accelerate the energy transition. OneSubsea is a joint venture backed by SLB, Aker Solutions and Subsea7 headquartered in Oslo and Houston, with 10,000 employees across the world. Find out more at onesubsea.com.

 

 

Cautionary Statement Regarding Forward-Looking Statements:

 

 

This press release contains “forward-looking statements” within the meaning of the U.S. federal securities laws — that is, statements about the future, not about past events. Such statements often contain words such as “expect,” “may,” “can,” “estimate,” “intend,” “anticipate,” “will,” “potential,” “projected” and other similar words. Forward-looking statements address matters that are, to varying degrees, uncertain, such as forecasts or expectations regarding the deployment of, or anticipated benefits of, SLB’s new technologies and partnerships; statements about goals, plans and projections with respect to sustainability and environmental matters; forecasts or expectations regarding energy transition and global climate change; and improvements in operating procedures and technology. These statements are subject to risks and uncertainties, including, but not limited to, the inability to achieve net-negative carbon emissions goals; the inability to recognize intended benefits of SLB’s strategies, initiatives or partnerships; legislative and regulatory initiatives addressing environmental concerns, including initiatives addressing the impact of global climate change; the timing or receipt of regulatory approvals and permits; and other risks and uncertainties detailed in SLB’s most recent Forms 10-K, 10-Q and 8-K filed with or furnished to the U.S. Securities and Exchange Commission. If one or more of these or other risks or uncertainties materialize (or the consequences of such a development changes), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those reflected in our forward-looking statements. The forward-looking statements speak only as of the date of this press release, and SLB disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.

 

 

 

 

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Business Wire India

Moody’s Corporation (NYSE: MCO) today announced that Moody’s Ratings has launched its network-agnostic Token Integration Engine™ (TIE), becoming the first credit rating agency to ingest analytical data and share credit insights on-chain. As an inaugural step, it is the first rating agency to operate a node on the Canton Network. The milestone marks a significant step in Moody’s commitment to digital innovation, intending to enable secure, compliant, and efficient ingestion of data and dissemination of ratings enabled by technology built for integration across platforms.

 

“As financial markets digitize, the need for independent, trusted risk analysis and credit insights does not change,” said Fabian Astic, Managing Director and Global Head of Digital Economy at Moody’s Ratings. “Moody’s Ratings is extending that rigor to digital market infrastructure consistent with global regulatory expectations and our governance, transparency, and compliance practices.”

 

 

Moody’s Ratings’ TIE serves as the foundational integration layer, utilizing its node on Canton to enhance transparency and operational efficiency in the digital finance ecosystem. Participation will be issuer-led, supporting market alignment while preserving the integrity, control, and central role of Moody’s Ratings across digitized global capital markets.

 

 

The Canton Network was developed to support the privacy and regulatory needs of institutional finance and brings together leading global organizations to synchronize financial data and processes across a decentralized infrastructure.

 

 

“Moody’s customers now have a new way to access trusted credit insight within the digital markets and on-chain finance workflows where they increasingly operate,” said Yuval Rooz, CEO of Digital Asset, co-founder of the Canton Network. “On-chain independent risk analysis streamlines distribution to permissioned parties, reduces friction, and improves transparency across the transaction lifecycle which strengthens market efficiency while preserving privacy, control, and compliance.”

 

 

Moody’s Ratings’ TIE plans to expand coverage across other digital finance networks, lines of business and instrument types as adoption grows.

 

 

About Moody’s Corporation

 

 

In a world shaped by increasingly interconnected risks, Moody’s (NYSE:MCO) data, insights, and innovative technologies help customers develop a holistic view of their world and unlock opportunities. With a rich history of experience in global markets and a diverse workforce of approximately 16,000 across more than 40 countries, Moody’s gives customers the comprehensive perspective needed to act with confidence and thrive.

 

 

“Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995

 

 

Certain statements contained in this document are forward-looking statements and are based on future expectations, plans and prospects for Moody’s business and operations that involve a number of risks and uncertainties. Such statements involve estimates, projections, goals, forecasts, assumptions and uncertainties that could cause actual results or outcomes to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking statements. Stockholders and investors are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements and other information in this document are made as of the date hereof, and Moody’s undertakes no obligation (nor does it intend) to publicly supplement, update or revise such statements on a going-forward basis, whether as a result of subsequent developments, changed expectations or otherwise, except as required by applicable law or regulation. Factors, risks and uncertainties as well as other risks and uncertainties that could cause Moody’s actual results to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking statements are described in greater detail under “Risk Factors” in Part I, Item 1A of Moody’s annual report on Form 10-K for the year ended December 31, 2025, and in other filings made by the Company from time to time with the SEC or in materials incorporated herein or therein. Stockholders and investors are cautioned that the occurrence of any of these factors, risks and uncertainties may cause the Company’s actual results to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking statements, which could have a material and adverse effect on the Company’s business, results of operations and financial condition.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260316806410/en/

 

Business Wire India

Global IT services provider FPT has signed a Memorandum of Understanding with Kyushu Financial Group (KFG), one of Japan’s leading financial groups, to accelerate KFG’s digital transformation, support cross-border market expansion, and unlock new business opportunities that contribute to regional value creation.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260317759961/en/

 

 

 

Combining FPT’s global delivery capabilities and technology expertise with Kyushu Financial Group’s regional network, financial leadership, and market insight, the partnership aims to deliver integrated solutions that accelerate digital transformation and generate long-term value. The two companies will work to develop cutting-edge technology solutions, expand KFG and its partners’ presence in the Vietnamese market, and explore new business frontiers, building a foundation for its operational excellence and enduring growth across Japan and beyond.

 

“Japan’s financial sector is entering a new stage of transformation, where digital innovation and ecosystem collaboration are becoming increasingly critical. By bringing an AI-first approach to this partnership, FPT aims to support KFG in advancing its digital capabilities and accelerating transformation. Leveraging our end-to-end AI platform FleziPT, we look forward to delivering more intelligent, high-impact outcomes at speed and scale,” said Do Van Khac, FPT Software SEVP and FPT Japan CEO, FPT Corporation.

 

 

Building on collaboration with KFG’s member companies since 2023, FPT has delivered tangible business impact across the group. A notable project is Tansakukun, a CO₂ management system jointly developed with Higo Bank, which has since been rolled out nationwide in Japan and recognized as a model case of a regional bank-led business initiative. With a focus on strengthening digital infrastructure, both companies aim to contribute meaningfully to customers, communities, and key industries across the region.

 

 

FPT recently celebrated 20 years in Japan, reinforcing its standing as one of the market’s largest foreign-invested technology companies. The company has built a nationwide presence with 18 offices and innovation hubs, backed by 5,000 employees in Japan and more than 15,000 offshore professionals, supporting over 450 global clients. FPT is targeting USD 1 billion in revenue from the Japanese market by 2027, with the goal of joining the country’s top 15 IT companies.

 

 

About FPT

 

 

FPT Corporation (FPT) is a globally leading technology and IT services provider headquartered in Vietnam and operates in three core sectors: Technology, Telecommunications, and Education. Over more than three decades, FPT has consistently delivered impactful solutions to millions of individuals and tens of thousands of organizations worldwide. As an AI-first company, FPT is committed to elevating Vietnam’s position on the global tech map and delivering world-class AI-enabled solutions for global enterprises. FPT focuses on three critical transformations: Digital Transformation, Intelligence Transformation, and Green Transformation. In 2025, FPT reported a total revenue of USD 2.66 billion and a workforce of over 54,000 employees across its core businesses. For more information about FPT’s global IT services, please visit https://fptsoftware.com

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260317759961/en/

 

Business Wire India

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION WITHIN THE MEANING OF ARTICLE 7(1) OF THE MARKET ABUSE REGULATION (EU) 596/2014.

 

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN, OR AT ANY ADDRESS IN, THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE NORTHERN MARIANA ISLANDS), ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (THE UNITED STATES) OR TO ANY U.S. PERSON (AS DEFINED IN REGULATION S OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE SECURITIES ACT)) OR IN OR INTO ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT.

 

 

On 11 March 2026, SES (the “Offeror”) announced its invitation to holders of its outstanding €625,000,000 Deeply Subordinated Fixed Rate Resettable Securities issued on 27 May 2021 (ISIN: XS2010028343) (the “Securities”) to tender their Securities for purchase by the Offeror for cash subject to the satisfaction (or waiver) of the New Issue Condition (such invitation, the “Offer”).

 

 

The Offer is being made by the Offeror upon the terms and subject to the conditions contained in the tender offer memorandum dated 11 March 2026 (the “Tender Offer Memorandum”) prepared by the Offeror in connection with the Offer, and is subject to the offer restrictions set out below and as more fully described in the Tender Offer Memorandum. Capitalised terms used but not otherwise defined in this announcement shall have the meanings given to them in the Tender Offer Memorandum.

 

 

The Offerer announces today that it is exercising its right to extend the previously announced Expiration Deadline in respect of the Offer, as described under “Amendment and Termination” in the Tender Offer Memorandum. The Offer was scheduled to expire at 5.00 p.m. (CET) on 18 March 2026 and will instead expire at 5.00 p.m. (CET) on 25 March 2026 (the “New Expiration Deadline”). The date of announcement of the results of the Offer, originally expected to be 19 March 2026, is now expected to be 26 March 2026 (the “New Announcement Date”). The Settlement Date, originally expected to be 23 March 2026, is now expected to be 30 March 2026 (the “New Settlement Date”).

 

 

All references to the Expiration Deadline, the announcement of results and the Settlement Date in the Tender Offer Memorandum (and any other materials relating to the Offer) shall be deemed to refer to the New Expiration Deadline, the New Announcement Date and the New Settlement Date, as set forth in the immediately preceding paragraph.

 

 

Holders who have previously validly tendered their Securities pursuant to the Offer are not required to take any further action with respect to such Securities and such tenders constitute a valid tender for purposes of the Offer. Holders who have not already tendered their Securities may validly do so until the New Expiration Deadline.

 

 

The above dates are, in any case, subject to the right of the Offeror, in its sole and absolute discretion, to extend, re-open, amend, waive any condition of and/or terminate the Offer at any time, as described in the Tender Offer Memorandum.

 

 

The table below shows the following updated key dates in connection with the Offer:

 

 

Events		Times and Dates
Commencement of the Offer   Offer announced. Tender Offer Memorandum available from the Tender Agent (subject to offer and distribution restrictions) and notice of the Offer published on the Luxembourg Stock Exchange’s website (www.luxse.com) and delivered to the Clearing Systems for communication to Direct Participants.		11 March 2026
Pricing of the New Securities   Expected pricing of the New Securities, subject to market conditions.		Prior to the Expiration Deadline
Announcement of the Maximum Acceptance Amount   Announcement of the Maximum Acceptance Amount for the Offer.		As soon as reasonably practicable following pricing of the New Securities
Expiration Deadline   Final deadline for receipt of valid Tender Instructions by the Tender Agent in order for Holders to be able to participate in the Offer.		5.00 p.m. (CET) on 25 March 2026
Announcement of Results   Announcement of whether (subject to satisfaction (or waiver) of the New Issue Condition on or prior to the Settlement Date) the Offeror will accept valid tenders of Securities pursuant to the Offer and, if so accepted, the Final Acceptance Amount and any Scaling Factor (if applicable).		As soon as reasonably practicable on 26 March 2026
Settlement Date   Subject to satisfaction (or waiver) of the New Issue Condition, expected settlement date for the Offer.		30 March 2026

 

This is an indicative timetable and may be subject to change. Holders are advised to check with any bank, securities broker or other intermediary through which they hold Securities when such intermediary would need to receive instructions from a Holder in order for that Holder to be able to participate in, or (in the limited circumstances in which revocation is permitted) revoke their instruction to participate in, the Offer by the deadlines set out above.

 

For detailed terms of the Offer please refer to the Tender Offer Memorandum which (subject to the offer and distribution restrictions set out therein) can be obtained from the Tender Agent referred to below.

 

 

Except as described in this announcement, the other terms of the Offer as set forth in the Tender Offer Memorandum remain unchanged.

 

 

Holders are advised to read carefully the Tender Offer Memorandum for full details of, and information on the procedures for participating in, the Offer.

 

 

DEALER MANAGERS

 

 

Banco Bilbao Vizcaya Argentaria, S.A. (Telephone: +44 (0) 207 397 6061; Email: liabilitymanagement@bbva.com; Attention: Liability Management), Goldman Sachs International (Telephone: +44 (0) 207 7744 836; Email: liabilitymanagement.eu@gs.com; Attention: Liability Management Group) and J.P. Morgan SE (Telephone: +44 (0) 20 7134 2468; Email: liability_management_EMEA@jpmorgan.com; Attention: EMEA Liability Management Group)

 

 

TENDER AGENT

 

 

Kroll Issuer Services Limited (Telephone: +44 (0) 20 7704 0880; Attention: Scott Boswell; Email: ses@is.kroll.com; Website: https://deals.is.kroll.com/ses) is acting as Tender Agent for the Offer.

 

 

This announcement is released by SES and contains information that qualified or may have qualified as inside information for the purposes of Article 7 of the Market Abuse Regulation (EU) 596/2014 (“MAR”), encompassing information relating to the Offer described above. For the purposes of MAR and Article 2 of Commission Implementing Regulation (EU) 2016/1055, this announcement is made by Elisabeth Pataki (email: lisa.pataki@ses.com), Chief Financial Officer.

 

 

DISCLAIMER This announcement must be read in conjunction with the Tender Offer Memorandum. This announcement and the Tender Offer Memorandum contain important information which should be read carefully before any decision is made with respect to the Offer. If any Holder is in any doubt as to the contents of the Tender Offer Memorandum or the action it should take, it is recommended to seek its own financial and legal advice, including in respect of any financial, accounting and tax consequences, immediately from its broker, bank manager, solicitor, accountant or other independent financial, tax or legal adviser. Any individual or company whose Securities are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee must contact such entity if it wishes to tender such Securities for purchase pursuant to the Offer. None of the Offeror, the Dealer Managers or the Tender Agent (or any of their respective directors, employees or affiliates) makes any recommendation as to whether Holders should tender Securities pursuant to the Offer or is providing Holders with any legal, business, regulatory, financial, investment, tax, accounting or other advice in this announcement or the Tender Offer Memorandum. Holders should consult with their own advisers as needed to assist them in making an investment decision and to advise them whether they are legally permitted to tender Securities for cash.

 

 

OFFER AND DISTRIBUTION RESTRICTIONS

 

 

Neither this announcement nor the Tender Offer Memorandum constitutes an invitation to participate in the Offer in or from any jurisdiction in or from which, or to any person to or from whom, it is unlawful to make such invitation or for there to be such participation under applicable securities laws. The distribution of this announcement and/or the Tender Offer Memorandum in certain jurisdictions may be restricted by law. Persons into whose possession this announcement and/or the Tender Offer Memorandum come(s) are required by each of the Offeror, the Dealer Managers and the Tender Agent to inform themselves about and to observe any such restrictions. Nothing in this announcement nor the Tender Offer Memorandum nor the electronic transmission thereof constitutes an offer to buy or a solicitation of an offer to sell Securities (and tenders of Securities for purchase pursuant to the Offer will not be accepted from Holders) in any circumstances in which such offer or solicitation is unlawful. In any jurisdiction where the securities, blue sky or other laws require the Offer to be made by a licensed broker or dealer and any of the Dealer Managers or any of their respective affiliates is such a licensed broker or dealer in such jurisdiction, the Offer shall be deemed to be made by such Dealer Manager or affiliate, as the case may be, on behalf of the Offeror in such jurisdiction.

 

 

No action has been or will be taken in any jurisdiction in relation to the New Securities or the guarantees thereof that would permit a public offering of securities and the minimum denomination of the New Securities will be €100,000.

 

 

United States

 

 

The Offer is not being made, and will not be made, directly or indirectly in or into, or by use of the mails of, or by any means or instrumentality of interstate or foreign commerce of, or of any facilities of a national securities exchange of, the United States or to any U.S. person (as defined in Regulation S of the United States Securities Act of 1933, as amended (each a “U.S. Person”)). This includes, but is not limited to, facsimile transmission, electronic mail, telex, telephone, the internet and other forms of electronic communication. Accordingly, copies of this announcement, the Tender Offer Memorandum and any other documents or materials relating to the Offer are not being, and must not be, directly or indirectly mailed or otherwise transmitted, distributed or forwarded (including, without limitation, by custodians, nominees or trustees) in or into the United States, to any person located or resident in the United States or to any U.S. Person, and the Securities cannot be tendered in the Offer by any such use, means, instrumentality or facility from or within the United States or by any person located or resident in the United States or by, or by any person acting for the account or benefit of, a U.S. Person. Any purported tender of Securities in the Offer resulting directly or indirectly from a violation of these restrictions will be invalid, and any purported tender of Securities made by, or by any person acting for the account or benefit of, any person located in the United States or any agent, fiduciary or other intermediary acting on a non-discretionary basis for a principal giving instructions from within the United States or by any U.S. Person or by use of such mails or any such means, instrumentality or facility will be invalid and will not be accepted.

 

 

Neither this announcement nor the Tender Offer Memorandum is an offer to buy or sell, or a solicitation of an offer to sell or buy, any Notes or other securities in the United States or to U.S. Persons. Securities may not be offered, sold or delivered in the United States absent registration under, or an exemption from the registration requirements of, the Securities Act. The New Securities, or the guarantees thereof, have not been, and will not be, registered under the Securities Act or the securities laws of any state or other jurisdiction of the United States and may not be offered, sold or delivered, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. Persons.

 

 

Each holder of Securities participating in the Offer will represent that it is not a U.S. Person and is not located in the United States and is not participating in the Offer from the United States, or it is acting on a non-discretionary basis for a principal located outside the United States that is not giving an order to participate in the Offer from the United States and who is not a U.S. Person. For the purposes of this and the above two paragraphs, “United States” means the United States of America, its territories and possessions (including Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, Wake Island and the Northern Mariana Islands), any state of the United States of America and the District of Columbia.

 

 

Italy

 

 

None of the Offer, this announcement, the Tender Offer Memorandum or any other documents or materials relating to the Offer or to the Securities have been or will be submitted to the clearance procedures of the Commissione Nazionale per le Società e la Borsa (“CONSOB”) pursuant to Italian laws and regulations. The Offer is being carried out in the Republic of Italy (“Italy”) as an exempted offer pursuant to article 101-bis, paragraph 3-bis of the Legislative Decree No. 58 of 24 February 1998, as amended (the “Financial Services Act”) and article 35-bis, paragraph 4 of CONSOB Regulation No. 11971 of 14 May 1999, as amended. Accordingly, Holders or beneficial owners of the Securities that are located in Italy may tender their Securities for purchase pursuant to the Offer through authorised persons (such as investment firms, banks or financial intermediaries permitted to conduct such activities in Italy in accordance with the Financial Services Act, CONSOB Regulation No. 20307 of 15 February 2018, as amended from time to time, and Legislative Decree No. 385 of 1 September 1993, as amended) and in compliance with applicable laws and regulations or with requirements imposed by CONSOB, the Bank of Italy or any other Italian authority.

 

 

Each intermediary must comply with the applicable laws and regulations concerning information duties vis-à-vis its clients in connection with the Securities and/or the Offer.

 

 

United Kingdom

 

 

The communication of this announcement, the Tender Offer Memorandum and any other documents or materials relating to the Offer is not being made and such documents and/or materials have not been approved by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000, as amended. Accordingly, such documents and/or materials are not being distributed to, and must not be passed on to, the general public in the United Kingdom. The communication of such documents and/or materials is exempt from the restriction on financial promotions under section 21 of the FSMA on the basis that it is only directed at and may only be communicated to (1) persons outside the United Kingdom, (2) those persons falling within the definition of investment professionals or high net worth companies (contained in the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Financial Promotion Order”)), (3) those persons falling within Article 43(2) of the Financial Promotion Order, including existing members and creditors of the Offeror, and (4) any other persons to whom these documents and/or materials may lawfully be communicated under the Financial Promotion Order (all those persons together, “Relevant Persons”). Any person in the United Kingdom who is not a Relevant Person should not act or rely on this document.

 

 

France

 

 

The Tender Offer Memorandum and this announcement and any other documents or materials relating to the Offer have only been and shall only be distributed in France to qualified investors (investisseurs qualifiés) as defined in Article 2(e) of Regulation (EU) 2017/1129, as amended (the “Prospectus Regulation”). Neither the Tender Offer Memorandum, any such documents or materials, nor this announcement has been or will be submitted for clearance to or approved by the Autorité des Marchés Financiers.

 

 

European Economic Area

 

 

In any European Economic Area (“EEA”) Member State (an “EEA Member State”), the Tender Offer Memorandum and this announcement are only addressed to and are only directed at qualified investors within the meaning of the Prospectus Regulation.

 

 

Each person in an EEA Member State who receives any communication in respect of the Offer contemplated in the Tender Offer Memorandum will be deemed to have represented, warranted and agreed to and with each Dealer Manager and the Offeror that it is a qualified investor within the meaning of Article 2(e) of the Prospectus Regulation.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260317906392/en/

 

Business Wire India

At NVIDIA GTC today, Lenovo (HKSE: 992) (ADR: LNVGY) announced an expanded multiyear collaboration with NVIDIA to help the global sports industry deploy production-scale AI across mission-critical environments, transforming live data into revenue growth, operational resilience, and real-time decision advantage.

 

The global sports technology market is projected to grow from $23 billion in 2025 to more than $60 billion by 2030. Global sports events represent some of the most complex and demanding operating environments in any industry, combining unprecedented scale, technical sophistication, and public visibility. These events engage billions of viewers worldwide, generate and process petabytes of data in real time, and require highly coordinated, distributed operations across multiple countries, all within a context where reliability, resilience, and uninterrupted performance are non-negotiable.

 

Scaling AI across this ecosystem requires validated infrastructure, domain-trained intelligence, and production-grade integration, not isolated pilots.

 

Lenovo is partnering with NVIDIA to deliver scalable AI-powered solutions built on Lenovo’s end-to-end AI capabilities with NVIDIA accelerated AI platforms. This expanded collaboration further demonstrates Lenovo’s commitment to the sports industry vertical, building on its work with leading sports organizations such as FIFA, Formula 1®, the Dallas Cowboys, and Newcastle United, reflecting an established track record of developing and deploying purpose-built, end-to-end solutions for governing bodies, teams, venues, and broadcast operations.

 

AI Built for Environments Where Failure Is Not an Option

 

Lenovo is introducing three AI solutions designed specifically for sports environments across sports intelligence, operations, and content and media.

 

The Intelligent Command Center brings greater visibility and coordination to venue and event operations by unifying critical systems into a single operational view. This enables sports organizations to manage large-scale events with improved efficiency and oversight.

 

Sports AI PRO delivers advanced performance and competitive intelligence, helping teams and organizations translate data into sharper strategy and stronger results over the course of a season.

 

AI Data Labeling provides the structured data foundation required to power analytics, content innovation, and fan engagement initiatives, supporting new revenue opportunities and long-term AI adoption.

 

“In global sports, technology plays a critical role in how events are delivered, experienced, and managed,” said Ken Wong, President, Solutions & Services Group, Lenovo. “Our focus is not just enabling AI but operationalizing it in environments where every second matters. Through our work with NVIDIA, we are helping sports organizations manage complexity, improve operational resilience, and apply intelligence in ways that support both performance and commercial success.”

 

“Sports organizations are becoming real-time sports intelligence systems, generating massive volumes of data across venues, broadcasts, and performance environments,” said Richard Kerris, Vice President and General Manager, Media & Entertainment, NVIDIA. “By combining NVIDIA’s accelerated AI platform with Lenovo’s full stack AI capabilities, data can be transformed into actionable intelligence, driving predictive performance, personalized content and new level of operational excellence.”

 

Proven at Global Scale: From over 650TB of Live Race Data to the World’s Largest Tournament

 

Lenovo’s full stack AI portfolio of devices, infrastructure, solutions and services already operate in some of the most demanding live sports environments in the world.

 

As a Global Technology Partner of Formula 1®, Lenovo supports delivery of live race content to more than 820 million global fans, processing over 650 terabytes of live data per race weekend and bringing the thrills of F1 to 180+ territories worldwide. These environments require sub-second processing, uninterrupted uptime, and global synchronization, where milliseconds directly impact broadcast integrity and fan experience.

 

As Official Technology Partner of FIFA World Cup 2026™, Lenovo will support the technology backbone of what is expected to be the largest tournament in football history, spanning 104 matches with a global audience in the billions. Planned AI deployments include enhanced digital broadcast visualization, stabilized Referee View technology, intelligent operational command centers, and generative AI analytics platforms designed to manage massive real-time data volumes across venues and global media networks.

 

These deployments demonstrate AI operating at production scale under the highest levels of performance pressure and public scrutiny, translating advanced technology into measurable operational resilience and commercial impact.

 

As sports organizations modernize venues, digitize fan engagement, and scale global media operations, Lenovo and NVIDIA are embedding AI into the core of how sports are played, managed, broadcast, and monetized, at a scale and reliability level demanded by the world’s most visible live events. For more information, click here.

 

About Lenovo

 

Lenovo is a US$69 billion revenue global technology powerhouse, ranked #196 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Focused on a bold vision to deliver Smarter Technology for All, Lenovo has built on its success as the world’s largest PC company with a full-stack portfolio of AI-enabled, AI-ready, and AI-optimized devices (PCs, workstations, smartphones, tablets), infrastructure (server, storage, edge, high performance computing and software defined infrastructure), software, solutions, and services. Lenovo’s continued investment in world-changing innovation is building a more equitable, trustworthy, and smarter future for everyone, everywhere. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). To find out more visit https://www.lenovo.com, and read about the latest news via our StoryHub.

 

Lenovo is a trademark of Lenovo. All other trademarks are the property of their respective owners. ©2026 Lenovo Group Limited. All rights reserved.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260316626855/en/

 

Business Wire India

Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, managed services and Agentic AI ERP innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced the following upcoming ROTH Capital Partners Investor Conference, March 23 and 24, 2026, in Laguna Niguel, California:

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260317799301/en/

 

 

 

• Seth Ravin, CEO, and Dean Pohl, vice president, treasurer and investor relations, will participate in one-on-one and small group meetings (Seth Ravin, March 23 only)

• Seth Ravin will participate in a panel discussion led by ROTH Capital Partners Managing Director, Senior Research Analyst Rich Baldry, titled “Software: Risks, Opportunities & Realities of the AI Emergence” on March 23, 2:00 p.m. – 2:55 p.m. Pacific Time, Webcast Link

To schedule a meeting, please contact your ROTH Capital salesperson or Rimini Street IR at IR@riministreet.com.

 

Please visit the Rimini Street investor relations site for additional information regarding the Company and other upcoming Investor Events.

 

 

About Rimini Street, Inc.

 

 

Rimini Street, Inc. (Nasdaq: RMNI), a Russell 2000® Company, is a proven, trusted global provider of end-to-end, mission-critical enterprise software support, managed services and innovative Agentic AI ERP solutions, and is the leading third-party support provider for Oracle, SAP and VMware software. The Company has signed thousands of IT service contracts with Fortune Global 100, Fortune 500, midmarket, public sector and government organizations who have leveraged the Rimini Smart Path™ methodology to achieve better operational outcomes, billions of US dollars in savings and fund AI and other innovation.

 

 

To learn more, please visit www.riministreet.com, and connect with Rimini Street on X, Facebook, Instagram, and LinkedIn.

 

 

Forward-Looking Statements

 

 

Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. Forward-looking statements generally are accompanied by words such as “anticipate,” “assume,” “believe,” “budget,” “continue,” “could,” “currently,” “estimate,” “expect,” “forecast,” “future,” “intend,” “may,” “might,” “outlook,” “plan,” “possible,” “goal,” “potential,” “predict,” “project,” “reflect,” “results,” “seem,” “seek,” “should,” “will,” “would” and other similar words, phrases or expressions. These forward-looking statements include, but are not limited to, statements regarding our expectations of future events, future opportunities, global expansion and other growth initiatives and our investments in such initiatives. These statements are based on various assumptions and on the current expectations of management and are not predictions of actual performance, nor are these statements of historical facts. These statements are subject to a number of risks and uncertainties regarding Rimini Street’s business, and actual results may differ materially. These risks and uncertainties include, but are not limited to our ability to attract new clients or retain and/or sell additional products or services to existing clients; our ability to achieve and maintain an adequate rate of revenue growth; cost of revenue, including changes in costs associated with our efforts to grow and the results of any efforts to manage costs to align with current revenue expectations and the expansion of our offerings; the effects of increased intense competition in our industry and our ability to compete effectively; our ability to successfully educate the market regarding the advantages of our support and managed services for enterprise resource planning (ERP) software and to sell the products and services comprising our “Rimini Smart Path™” solutions portfolio, including but not limited to our Agentic AI ERP solutions; our intentions with respect to our pricing model and expectations of client savings relative to use of other providers; the evolution of the ERP software management and support landscape facing our clients and prospects; estimates of our total addressable market; the effects of seasonal trends on our results of operations, including the contract renewal cycles for vendor-supplied software support and managed services; the effects of the efforts of enterprise software vendors to sell upgrades or migrations to cloud-based versions of their enterprise software on our results of operations; our ability to scale our operations quickly enough to meet our clients’ changing needs or decrease our costs adequately in response to changing client demand; risks arising from incorporating artificial intelligence (“AI”) technologies into our products or services or any deficiencies associated with AI technologies used by us or by our third-party vendors and service providers; our ability to maintain, protect, and enhance our brand; the continuing impact of and our ability to comply with the terms of our July 2025 settlement agreement with Oracle; our wind down of support services for Oracle PeopleSoft software products and the impact on future period revenue and costs incurred related to these efforts; the loss of one or more members of our management team and our ability to attract and retain additional qualified technical, sales and marketing personnel; our ability to expand our marketing and sales capabilities; our ability to avoid interruptions to, or degraded performance of, our services and the impact of any such interruptions or performance problems on our operations; our ability to defend against cybersecurity threats and to comply with data protection and privacy regulations; our expectations regarding new product offerings, innovation solutions, partnerships and alliance programs and our ability to develop and maintain strategic partnerships; our ability to expand internationally and the risks associated with global operations; the impact of macro-economic trends, including inflation and changes in foreign exchange rates, as well as general financial, economic, regulatory and political conditions affecting the industry in which we operate and the industries in which our clients operate; our ability to generate significant capital through our operations or to raise additional capital necessary to fund and expand our operations and invest in new services and products; our business plan and our ability to effectively secure and manage our growth and associated investments; risks relating to retention rates, including our ability to accurately forecast retention rates; our ability to protect our intellectual property; our ability to maintain an effective system of internal control over financial reporting; changes in laws or regulations, including tax laws or unfavorable outcomes of tax positions we take; tariff costs, including those imposed by the United States government and the potential for retaliatory trade measures by affected countries; our ability to realize benefits from our net operating losses; any negative impact of environmental, social and governance (“ESG”) matters on our reputation or business and the exposure of our business to additional costs or risks from our reporting on such matters; our credit facility’s ongoing debt service obligations and financial and operational covenants on our business and related interest rate risk; the sufficiency of our cash and cash equivalents to meet our liquidity requirements; the volatility of our stock price; the amount and timing of repurchases, if any, under our stock repurchase program and our ability to enhance stockholder value through such program; our ability to maintain our good standing with the United States government and international governments and capture new contracts with governmental entities/agencies; the occurrence of catastrophic events that may disrupt our business or that of our current and prospective clients; future acquisitions of, or investments in, complementary companies, products, subscriptions or technologies; and those discussed under the heading “Risk Factors” in Rimini Street’s Annual Report on Form 10-K filed on February 19, 2026, and as updated from time to time by Rimini Street’s future Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings by Rimini Street with the U.S. Securities and Exchange Commission. In addition, forward-looking statements provide Rimini Street’s expectations, plans or forecasts of future events and views as of the date of this communication. Rimini Street anticipates that subsequent events and developments will cause Rimini Street’s assessments to change. However, while Rimini Street may elect to update these forward-looking statements at some point in the future, Rimini Street specifically disclaims any obligation to do so, except as required by law. These forward-looking statements should not be relied upon as representing Rimini Street’s assessments as of any date subsequent to the date of this communication.

 

 

© 2026 Rimini Street, Inc. All rights reserved. “Rimini Street” is a registered trademark of Rimini Street, Inc. in the United States and other countries, and Rimini Street, the Rimini Street logo, and combinations thereof, and other marks marked by TM are trademarks of Rimini Street, Inc. All other trademarks remain the property of their respective owners, and unless otherwise specified, Rimini Street claims no affiliation, endorsement, or association with any such trademark holder or other companies referenced herein.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260317799301/en/

 

Business Wire India

 

• 35% of investors are Emiratis, while 65% are expatriates and international investors

• Milestone reflects strong demand for the project and continued confidence in the UAE’s real estate sector

 

Ohana Development, a leading UAE real estate developer renowned for its luxury projects, has recorded USD 1.63 billion in sales within 72 hours for Manchester City Yas Residences by Ohana, a gated waterfront community located along Yas Canal in Abu Dhabi, setting a new sales record in the emirate’s real estate market.

 

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260317595867/en/

 

 

 

Investors queued at the sales launch, reflecting the strong demand for the project. Of the investors, 35% are Emiratis, while 65% are expatriates and international buyers. In response to this significant interest, Ohana Development is expected to release additional inventory from the project soon.

 

In his comments, Husein Salem, CEO of Ohana Development, said: “We would like to express our sincere appreciation to the UAE government and its visionary leadership for fostering a stable and forward-looking investment environment. This strong foundation continues to strengthen confidence among investors and developers, supporting the resilience and growth of Abu Dhabi’s thriving real estate sector, despite any evolving circumstances.”

 

 

“The strong response to Manchester City Yas Residences by Ohana, and the sales record in just 72 hours, reflects the continued trust from investors locally and internationally, as well as the appeal of the project’s unique offering in the emirate,” added Husein.

 

 

The project spans 1.67 million square metres, with more than 55% of the masterplan dedicated to landscaped gardens and green spaces. Designed around sport and active living, Manchester City Yas Residences by Ohana will feature integrated training and recovery facilities, alongside a waterfront promenade with retail, dining and lifestyle destinations. The community will also include a marina sports club with water sports activities, as well as a range of resort-style amenities, including fitness facilities and pools.

 

 

For more information on the project and other developments, please visit: https://www.ohana.ae/

 

 

Source: AETOSWire

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260317595867/en/

 

Business Wire India

 

Andersen Consulting continues to strengthen its digital transformation platform with the addition of U.S.-based collaborating firm Milestone Technologies, a proven global IT services and digital solutions provider.

 

Founded in 1997, Milestone Technologies delivers end-to-end technology and outsourcing solutions spanning digital workplace services, cloud and infrastructure management, data, AI and automation, applications and digital engineering, business process outsourcing, and platform implementation for ServiceNow and Salesforce. Headquartered in Fremont, California, Milestone operates in 35 countries globally and works with some of the world’s largest enterprises. The firm’s integrated delivery model empowers clients to transform IT operations, boost service efficiency, and scale technology ecosystems seamlessly worldwide.

 

 

“Milestone Technologies, an employee-first organization, delivers measurable business outcomes and accelerates digital transformation for clients across industries through deep technical and process expertise,” said Sameer Kishore, CEO of Milestone Technologies. “We are excited about our collaboration with Anderson Consulting as it unites our operational excellence with their global consulting reach, enabling us to deliver unparalleled value to clients worldwide.”

 

 

“Milestone Technologies’ depth of technical expertise and managed-service capabilities enhances our ability to deliver integrated digital solutions across the globe,” said Mark L. Vorsatz, global chairman and CEO of Andersen. “This collaboration strengthens our platform, enabling clients to move seamlessly from strategy to execution while leveraging best-in-class technology and delivery capabilities at scale.”

 

 

Andersen Consulting is a global consulting practice providing a comprehensive suite of services spanning corporate strategy, business, technology, and AI transformation, as well as human capital solutions. Andersen Consulting integrates with the multidimensional service model of Andersen Global, delivering world-class consulting, tax, legal, valuation, global mobility, and advisory expertise on a global platform with more than 50,000 professionals worldwide and a presence in over 1,000 locations through its member firms and collaborating firms. Andersen Consulting Holdings LP is a limited partnership and provides consulting solutions through its member firms and collaborating firms around the world.

 

 

 

 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260317237539/en/