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Vallourec Completes the Disposal of Serimax
Vallourec Completes the Disposal of Serimax

Yahoo

time4 days ago

  • Business
  • Yahoo

Vallourec Completes the Disposal of Serimax

VALLOUREC COMPLETES THE DISPOSAL OF SERIMAX Meudon (France), July 25th, 2025 – Vallourec, a world leader in premium seamless tubular solutions, announces today that it has finalized on July 24th the disposal process of Serimax, Vallourec's subsidiary specializing in manual and mechanized orbital welding solutions, for an enterprise value of €79 million.a This transaction is part of Vallourec's initiatives to rationalize its invested capital and focus the Group on its core business as a premium seamless tubular solutions provider. As part of the New Vallourec plan, Serimax has undergone a rapid transformation and is now operating profitably as a standalone company. Serimax generated approximately €105 million of revenues in 2024. As a new shareholder, Aldebaran, a French investment company, will enable Serimax - a global leading provider of manual and mechanized orbital welding solutions - to continue its ambitious development. About Vallourec About Vallourec Vallourec is a world leader in premium tubular solutions for the energy markets and for demanding industrial applications such as oil & gas wells in harsh environments, new generation power plants, challenging architectural projects, and high-performance mechanical equipment. Vallourec's pioneering spirit and cutting- edge R&D open new technological frontiers. With close to 13,000 dedicated and passionate employees in more than 20 countries, Vallourec works hand-in-hand with its customers to offer more than just tubes: Vallourec delivers innovative, safe, competitive and smart tubular solutions, to make every project possible. Listed on Euronext in Paris (ISIN code: FR0013506730, Ticker VK), Vallourec is part of the CAC Mid 60, SBF 120 and Next 150 indices and is eligible for Deferred Settlement Service. In the United States, Vallourec has established a sponsored Level 1 American Depositary Receipt (ADR) program (ISIN code: US92023R4074, Ticker: VLOWY). Parity between ADR and a Vallourec ordinary share has been set at 5: Aldebaran Aldebaran Capital Partners is a French investment company dedicated to the transformation of small-and-mid-sized companies. Its mission is to support management teams in the success of their strategic and operational transformation. We back companies with strong fundamentals that are experiencing complexity (carve-out, family transition, consolidation, etc.), providing them with financial, human and organizational resources to unleash their full potential. Aldebaran is supported by leading institutions such as Bpifrance and the European Investment Fund. Aldebaran Capital Partners is regulated by AMF under the AIFM-D For further information, please contact: Investors relations:Connor LynaghTel : +1 (713) Individual shareholders:Toll free number (From France): 0 805 65 10 10actionnaires@ Press media Relation: Taddeo Romain GrièreTel : +33 (0)7 86 53 17 29 Nicolas EscoulanTel : +33 (0)6 42 19 14 74 a €7 million will be paid via an earn-out. Attachment Vallourec_Press release_Serimax transaction closing

Vallourec Completes the Disposal of Serimax
Vallourec Completes the Disposal of Serimax

Yahoo

time4 days ago

  • Business
  • Yahoo

Vallourec Completes the Disposal of Serimax

VALLOUREC COMPLETES THE DISPOSAL OF SERIMAX Meudon (France), July 25th, 2025 – Vallourec, a world leader in premium seamless tubular solutions, announces today that it has finalized on July 24th the disposal process of Serimax, Vallourec's subsidiary specializing in manual and mechanized orbital welding solutions, for an enterprise value of €79 million.a This transaction is part of Vallourec's initiatives to rationalize its invested capital and focus the Group on its core business as a premium seamless tubular solutions provider. As part of the New Vallourec plan, Serimax has undergone a rapid transformation and is now operating profitably as a standalone company. Serimax generated approximately €105 million of revenues in 2024. As a new shareholder, Aldebaran, a French investment company, will enable Serimax - a global leading provider of manual and mechanized orbital welding solutions - to continue its ambitious development. About Vallourec About Vallourec Vallourec is a world leader in premium tubular solutions for the energy markets and for demanding industrial applications such as oil & gas wells in harsh environments, new generation power plants, challenging architectural projects, and high-performance mechanical equipment. Vallourec's pioneering spirit and cutting- edge R&D open new technological frontiers. With close to 13,000 dedicated and passionate employees in more than 20 countries, Vallourec works hand-in-hand with its customers to offer more than just tubes: Vallourec delivers innovative, safe, competitive and smart tubular solutions, to make every project possible. Listed on Euronext in Paris (ISIN code: FR0013506730, Ticker VK), Vallourec is part of the CAC Mid 60, SBF 120 and Next 150 indices and is eligible for Deferred Settlement Service. In the United States, Vallourec has established a sponsored Level 1 American Depositary Receipt (ADR) program (ISIN code: US92023R4074, Ticker: VLOWY). Parity between ADR and a Vallourec ordinary share has been set at 5: Aldebaran Aldebaran Capital Partners is a French investment company dedicated to the transformation of small-and-mid-sized companies. Its mission is to support management teams in the success of their strategic and operational transformation. We back companies with strong fundamentals that are experiencing complexity (carve-out, family transition, consolidation, etc.), providing them with financial, human and organizational resources to unleash their full potential. Aldebaran is supported by leading institutions such as Bpifrance and the European Investment Fund. Aldebaran Capital Partners is regulated by AMF under the AIFM-D For further information, please contact: Investors relations:Connor LynaghTel : +1 (713) Individual shareholders:Toll free number (From France): 0 805 65 10 10actionnaires@ Press media Relation: Taddeo Romain GrièreTel : +33 (0)7 86 53 17 29 Nicolas EscoulanTel : +33 (0)6 42 19 14 74 a €7 million will be paid via an earn-out. Attachment Vallourec_Press release_Serimax transaction closing

When To See The Moon And Venus Pair Up On Monday
When To See The Moon And Venus Pair Up On Monday

Forbes

time20-07-2025

  • Science
  • Forbes

When To See The Moon And Venus Pair Up On Monday

The waning crescent Moon rising in a wide conjunction with Venus in the pre-dawn sky, over a snowy ... More field. (Photo by: Alan Dyer/VWPics/Universal Images Group via Getty Images) Early risers on Monday, July 21, will be treated to a striking scene in the eastern sky before sunrise as a slender crescent moon hangs just above brilliant Venus, with the red-orange star Aldebaran completing an equilateral triangle. Aldebaran is the brightest star in the constellation Taurus, the bull, and the eye of the animal. It's surrounded by a V-shape of stars in the night sky called the Hyades, an open cluster of stars, with two stars making a larger V-shape that acts as the horns of Taurus. However, Venus and the moon will, for one morning only, become the horns in an entrancing triangle of light. Where And When To Look The best time to catch the view will be about 45 minutes before sunrise on July 21. Look low in the east, where a 15%-lit waning crescent moon will be just above Venus. To the right of the pair will be Aldebaran, forming a near-perfect triangle. Monday, July 21: A Triangle Of Moon, Venus And Aldebaran What You'll See There will be much to see within and around the triangle. With Venus at magnitude –3.9, it will outshine everything around it except the moon, whose unlit portion will faintly glow with Earthshine — a soft reflection of sunlight bouncing off Earth's oceans and clouds. The Hyades stars around Aldebaran will also be worth making out. So, too, the contrast between Aldebaran's reddish glow and the white brilliance of Venus. While the Pleiades cluster isn't part of the triangle, it will be just above the trio in the eastern sky. Observing Tips You'll need to observe the conjunction from somewhere with a clear line of sight to the eastern horizon and minimal light pollution. No special equipment is needed to enjoy this conjunction, though binoculars will help you appreciate the delicate Earthshine, the Hyades and the Pleiades. What's Next in The Night Sky Just two mornings later, on July 23, a very slender waning crescent moon will rise near Jupiter in deep twilight, low in the east-northeast just before sunrise. It will be the moon's final visible appearance before the new moon. For exact timings, use a sunrise and sunset calculator for where you are, Stellarium Web for a sky chart and Night Sky Tonight: Visible Planets at Your Location for positions and rise/set times for planets. Wishing you clear skies and wide eyes.

See Venus, the moon and fiery star Aldebaran form a dawn triangle this weekend
See Venus, the moon and fiery star Aldebaran form a dawn triangle this weekend

Yahoo

time19-07-2025

  • Science
  • Yahoo

See Venus, the moon and fiery star Aldebaran form a dawn triangle this weekend

When you buy through links on our articles, Future and its syndication partners may earn a commission. One of the brightest and most colorful stars in the sky and the most brilliant planet are on stage in the early morning dawn sky this weekend and will be joined by the moon on Monday morning. The star in question is Aldebaran, a first-magnitude star that shines with a distinct orange hue and marks the right eye of Taurus, the Bull. The brilliant planet is, of course, Venus, which outshines Aldebaran by almost five magnitudes or a light ratio difference of almost 100-fold. At this particular moment in time, both star and planet can be seen roughly one-quarter of the way up from the eastern horizon, roughly 45 minutes before sunrise. Venus, a dazzling morning "star," rises about an hour prior to the first light of dawn and shines low in the east-northeast as dawn brightens. On Monday morning, you'll also see a delicately thin (14 percent illuminated) crescent moon hovering approximately 8 degrees above Venus. Your clenched fist held at arm's length measures roughly 10 degrees in width, so on Monday morning, the slender lunar sliver will appear almost "one fist" above Venus. In a telescope, Venus is a disappointment: just a tiny, gibbous blob, 72 percent illuminated by the sun. It has shrunk and become more nearly round in recent months as it has swung far around to the back side of the sun as seen from Earth. TOP TELESCOPE PICK Want to see Venus, the moon, and Aldebaran together? The Celestron NexStar 8SE is ideal for beginners wanting quality, reliable and quick views of celestial objects. For a more in-depth look at our Celestron NexStar 8SE review. And situated well to the right of both Venus and the moon will be Aldebaran. The trio will appear to form a broad isosceles triangle with Venus marking the vertex angle, while Aldebaran and the moon form the base of the triangle. It will not be a particularly "tight" array, but still should be attractive enough to catch the attention of early risers. With the reappearance of Aldebaran, it is also a gentle reminder that while we are not yet at the midpoint of summer, the colder nights of fall and winter will be looming in the months to come. Aldebaran is crossing the meridian at midnight around Thanksgiving ... and at around 9 p.m. in mid-January. Who knows? By then, some of you might be shoveling snow. So take advantage of this week's opportunity to see not only an out-of-season winter star, but Venus as well, while they both "flirt" with a waning crescent moon. Joe Rao serves as an instructor and guest lecturer at New York's Hayden Planetarium. He writes about astronomy for Natural History magazine, Sky and Telescope and other publications.

Dawn-lit dance of moon, stars
Dawn-lit dance of moon, stars

Otago Daily Times

time18-07-2025

  • Otago Daily Times

Dawn-lit dance of moon, stars

If you're up early on Monday wrap up warm and step outside. Look northeast just before 6.30am and you'll see something quietly beautiful: the crescent moon drifting close to Matariki, the star cluster, also known as the Pleiades. It's a slow celestial conversation, one that unfolds above frost-covered roofs and sleeping streets. From here in Otago, with our crisp, dark winter skies, the view is magnificent. Through binoculars, the moon will appear barely five degrees from Matariki — close enough to feel intimate. And just to the right, bright Venus blazes away, unmistakable in the constellation Taurus. Jupiter, still low, will just be rising. Matariki isn't just a pretty knot of stars. It's a cluster of hot, young suns around 440 light years away, born together in a stellar nursery and now slowly drifting apart. Māori see it as a mother and her children, each with a role in sustaining life on Earth. The cluster's annual return to the dawn sky marks the New Year in the Maramataka — the Māori lunar calendar — and invites us to reflect, remember and reset. Western mythology calls them the Seven Sisters, the daughters of Atlas, pursued by Orion. To their right shines Aldebaran, a red giant star — Taurus's eye — burning steadily just 65 light years from here. Although it appears close to the Hyades star cluster, Aldebaran isn't a member. It's just passing through our line of sight. There's a quiet synchronicity in the date. Fifty six years ago, on July 21 1969 (New Zealand time), Neil Armstrong took his first steps on the moon. This same moon — now older, pocked and luminous — will be keeping company with Matariki in the still before dawn. I've seen this sky from sea and summit, city and rural, and it never fails to move me. There's something about watching the moon brush past ancient stars that puts things in perspective. So, boil the kettle, pull on your coat and look up. The universe is doing its thing, and it's worth watching.

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