Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Real Estate Fund VII, L.P. has reached an agreement to purchase nine Purpose-Built Student Accommodation (“PBSA”) assets in the UK from affiliates of Unite Students (“Unite”), the UK's largest owner, manager and developer of PBSA, for £212 million, scheduled to close in August 2025. The portfolio comprises 3,656 beds across nine high-quality PBSA assets in five well-located university markets: Aberdeen, Leicester, Le...

Grocery retailers using L’s tactical loyalty campaigns have seen an average 3.8% like-for-like sales growth*, even as rising costs, global trade tensions and inflation put additional pressure on already thin margins. With tariffs and supply chain disruptions pushing up consumer prices, shoppers are prioritising value more than ever. "Retailers are navigating a perfect storm of rising costs and uncertain consumer behaviours," says Patrik Sundvisson, CEO of L - founders of loyalty. "With Total ...

iFIT Inc., a global leader in intelligent, personalized fitness, today announced a new partnership with Xponential Fitness to bring iFIT members access to premium Pilates and yoga content from Club Pilates and YogaSix. This collaboration expands iFIT’s Emmy-nominated fitness library, offering members more diverse, studio-quality workouts from two of the most popular fitness brands in the boutique space. This press release features multimedia. View the full release here: https://www.businesswir...

Nani Holdings S.à. r.l., an affiliate of Lone Star Funds (“Lone Star”), today announced that it has signed a Memorandum of Understanding for the sale of Novo Banco, S.A. (“novobanco” or “the bank”), Portugal’s fourth-largest bank, to BPCE, a leading European banking institution, for a cash consideration payable at closing which values 100% of the share capital at an estimated €6.4 billion as of end 2025. This transaction marks the culmination of a multi-year transformation of novobanco since ...

Hana Technologies, Inc. (Hana RFID), a global leader in RAIN RFID inlay and embeddable tag design and manufacturing, announces the appointment of Sipi Savolainen as the company’s new Sales Director for Europe & Middle East. Savolainen’s primary objective will be to drive business growth in retail and beyond, reinforcing Hana’s reputation as a reliable partner towards RFID industry partners, including label converters, service bureaus, and system integrators. This press release features mul...

Laserfiche has been named a Champion for the enterprise category in the Enterprise Content Management Emotional Footprint 2025 Report by Info-Tech Research Group. Laserfiche — the leading enterprise platform that helps organizations manage their most critical content and workflows — was recognized based on reviews provided by end users. Laserfiche was named a Champion for having great customer relationships and a product that delivers a strong return on investment. This press release features ...

Speech Processing Solutions, global leader in professional dictation solutions under the Philips brand, today announced that the Philips SpeechMike Premium Touch has been officially recognized by Microsoft as the recommended successor to the soon-to-be-retired Nuance PowerMic series. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250507643740/en/The Philips SpeechMike Premium Touch. As the only microphone recommended by Microsoft for...

Elegen, the leader in next-generation cell-free DNA manufacturing, today announced the early access launch of ENFINIA™ IVT Ready DNA. An expansion of its ENFINIA platform, this new product is delivered ready-to-use with the requisite poly(A) tail already encoded. Full commercial availability is expected globally in early summer 2025. Built on Elegen’s proprietary cell-free technology, ENFINIA IVT Ready DNA delivers both standard and very complex double-stranded linear templates up to 5.5 kb th...

A Settlement has been reached in the global class action against Aphria and certain of its former officers and directors regarding alleged misrepresentations made in certain of Aphria’s public disclosures released between January 29, 2018 and December 3, 2018 (the “Class Action”). Aphria and the other Defendants have denied all allegations against them. The Settlement provides for the payment by the Defendants of the total amount of CAD $30,000,000 to resolve the Class Action. The Settlement i...

Adtran today announced its new AI Network Cloud (AINC)-interconnect solution, a next-generation fiber networking platform designed to support hyperscalers, federal agencies, SLED organizations and enterprises as they scale AI services. Integrating with Dell’s AI Factory, the technology dynamically adjusts optical networking capacity to meet real-time AI workloads, enabling seamless, high-speed connectivity from data center to data center and from core to edge. By supporting tokenized, sovereign...