Tag: Enters

JAKKS Pacific Enters Sweet Deal as Global Master Toy Licensee for Haribo

SANTA MONICA, Calif.–(BUSINESS WIRE)–Leading U.S. toymaker JAKKS Pacific, Inc. (NASDAQ: JAKK) today announced it has entered into a multi-year, global toy licensing deal with HARIBO Group to create a toy line based on its world-renowned gummi candy products. JAKKS has secured rights in the North America and EMEA territories to manufacture, market and distribute collectibles and activities, set to launch in August 2021.

HARIBO was founded by Hans Riegel in the early 1920s, when he established a small confectionery factory and produced the world’s first gummi bears. These gummies would soon become the iconic HARIBO GOLDBEARS that are now a fan-favorite around the world.

“We are thrilled to partner with HARIBO in bringing to life a truly sweet line of toys and collectibles that will appeal to collectors and HARIBO fans of all ages. The line features consumers’ favorite product pieces from the signature GOLDBEARS to TWINSNAKES, HAPPY-COLA

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ATS Enters Conditional Agreement to Sell Certain Transportation Business Assets

CAMBRIDGE, ON, Sept. 25, 2020 /CNW/ – ATS Automation Tooling Systems Inc. (TSX: ATA) (“ATS” or the “Company”), an industry-leading automation solutions provider, today announced that as part of its previously announced plan to reorganize its Transportation business, it has entered into a conditional agreement to sell certain assets and transfer employees of one of its German-based subsidiaries to a third party.

Completion of the sale is subject to several closing conditions. If the transaction does close, it is expected to partially mitigate costs of the previously announced reorganization of its transportation business. Financial terms of the transaction have not been disclosed.

About ATS
ATS is an industry-leading automation solutions provider to many of the world’s most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added services, including pre-automation and aftersales services, to address the sophisticated manufacturing automation

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MediaCentral Enters into Affiliate Partnership with Spreads Canada’s Premier Online Sports and Casino Gaming Organization

Company taps into growing online betting and gaming industry with latest affiliate marketing partnership as it continues to identify and source new digital streams of revenue

  • New partnership with Spreads expands MediaCentral’s successful affiliate marketing program
  • Existing affiliate program continues to drive new digital revenue and is accelerating at a rate of 18 per cent month-over-month
  • Partnership with Spreads leverages ECentralSports and capitalizes on Canada’s growing online gaming market, estimated at $31 billion in gross revenue annually1
  • Affiliate marketing continues to exponentially grow with the industry estimated at $12 billion dollars globally in 20172

TORONTO, ON / ACCESSWIRE / September 24, 2020 / Media Central Corporation Inc. ( CSE:FLYY )( FSE:3AT ) (“MediaCentral” or the “Company”) today announced that it has entered into an affiliate partnership with Canada’s premier online sports betting and casino gambling site Spreads. The partnership will be featured on the digital platforms of MediaCentral’s flagship

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Bind enters employer market with new approach to health insurance

  • Bind, a startup that’s building a new kind of health plan, is becoming an insurer itself. It’s offering plans to fully insured employers who have more than 50 employees. 
  • Getting rid of deductibles and co-insurance, Bind’s “on-demand” approach instead informs members how much they’d expect to pay for a certain doctor’s visit, prescription or procedure. 
  • Bind will be available for companies in Florida effective January 2021, with plans to file to be an insurer in dozens of states between now and 2021.
  • For more stories like this, sign up here for Business Insider’s daily healthcare newsletter.

 

Bind, a healthcare startup that built a new kind of “on-demand” health plan, is getting into the insurance business. 

The move into health insurance will make Bind’s services available to more companies, particularly smaller ones. Previously, Bind administered health plans for big companies that pay for the costs of their workers’ medical care themselves,

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Viva Biotech and SYNthesis Enters a Strategic Acquisition Agreement, Accelerating the Development of Global Innovative Drug R & D Service Capabilities

SHANGHAI, Sept. 20, 2020 /PRNewswire/ — Viva Biotech (Shanghai) Co., Ltd. (hereinafter referred to as “Viva Biotech” or “The Company”) entered into the Share Purchase Agreement pursuant to which Viva Biotech agreed to acquire and the Vendors agreed to collectively sell 100% of the equity interest in SYNthesis med chem (Hong Kong) Limited (hereinafter referred to as ” SYNthesis “), at the consideration of approximately US$ 80 million (equivalent to approximately HK$ 620 million). The acquisition will achieve the synergies between Viva Biotech and SYNthesis, regarding to the CRO business in the global market, which is of great strategic significance for The Company to conduct vertical integration and establish a comprehensive one-stop drug services platform.

SYNthesis is a preclinical small molecule drug discovery service contract organisation which mainly provides high-end pharmaceutical chemistry and synthetic chemistry services to its clients. SYNthesis is headquartered in Hong

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‘Please open us up,’ Hawaii businesses plead as stay-at-home order enters third week

HONOLULU (KHON2) — It’s been about three weeks since Honolulu Mayor Kirk Caldwell announced a second stay-at-home order for Oahu. Since then there has been confusion over what businesses are considered essential and can stay open versus the non-essential stores that must stay shuttered.

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Mayor Caldwell spoke to retail businesses Monday. The businesses suggested only those not following the rules should be closed down.

“We spent a lot of time talking about fairness, you know and just shutting down the businesses that aren’t following those protocols. It’s hard to figure out where that is,” said Caldwell. “But much of this is unfair. I apologize for that, but how do we make sure that the virus is managed and not spread?”

Sherry Menor-McNamara President and CEO of the Chamber of Commerce Hawaii said guidelines need to be consistent throughout the retail industry, whether

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Victoria’s Secret Enters Joint Venture With Next PLC for Its U.K. Business

Victoria’s Secret is once again trying to sell off its parts in its attempt to gain back market share. This time it’s to Next plc.

Parent company L Brands revealed a partnership with the retailer on Monday regarding its company-owned Victoria’s Secret business in the U.K. and Ireland.  

Under the agreement which is still subject to regulatory clearance Victoria’s Secret’s U.K. business and Next have formed a joint venture, dubbed “JV,” in which Next is the majority shareholder: 51 percent versus 49 percent. Under the terms of the agreement, JV will acquire the majority of the assets of the Victoria’s Secret U.K. business that are currently in administration.

“We are pleased to take this next step in our profit improvement plan for Victoria’s Secret,” Martin Waters, chief executive officer of L Brands International, said in a statement. “Next’s capabilities and experience in the U.K. market are substantial and

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MassMutual enters into definitive agreement for Empower Retirement to acquire its retirement plan business

MassMutual announced on Tuesday that its retirement plan business is being acquired by Colorado-based Empower Retirement.

Based on the terms of the definitive agreement and subject to regulatory approvals, Empower will acquire the retirement plan business of MassMutual in a reinsurance transaction for a ceding commission of $2.35 billion. In addition, the balance sheet of the transferred business would be supported by $1 billion of required capital when combined with Empower’s existing U.S. business.

In a joint statement the companies said the acquisition will capitalize on both firms’ expertise, provide technological excellence and deep product capabilities, and create scale to the benefit of retirement plan participants and their employers.

“In Empower, we are pleased to have found a strong, long-term home for MassMutual’s retirement plan business, and believe this transaction will greatly benefit our policy owners and customers as we invest in our future growth and accelerate progress on our

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CTT Enters into Business Development Partnership with 3 Rivers Biotech

Partnership Further Advances Aggressive Business Development Strategy

Pre-eminent Tissue Culture Company Provides Access to Substantial Network of CPG Companies

3 Rivers’ Technology Transfer Capabilities Expand CTT’s Operational Capacity

HAMILTON, ON, Sept. 8, 2020 /PRNewswire/ – CTT Pharmaceutical Holdings, Inc., (the “Company” or “CTT”) (OTC: CTTH), an innovative life sciences company with a portfolio of IP in novel drug delivery systems, today announced that it has entered into a business development partnership with 3 Rivers Biotech, a pre-eminent tissue culture company. Under the agreement, 3 Rivers will leverage its network of suppliers to and manufacturers of Consumer Packaged Goods (CPG) to secure commercial partnerships based on CTT’s patented sublingual wafer technology.

Additionally, the agreement includes the ability for CTT to utilize 3 Rivers’ operational capabilities to execute technology transfers and project implementation for new customers, providing a cost-efficient and de-risked expansion of CTT’s operational capacity.

3 Rivers’ is one of

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