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Month: September 2020

LVMH confirms it has submitted Tiffany transaction for approval by the European Commission

Paris, September 18th, 2020LVMH confirms that earlier today, immediately after receiving approval to proceed by the European Commission, it has submitted the proposed acquisition of Tiffany for antitrust review, as it has always stated it would do.Eight of the ten requisite antitrust clearances have already been obtained. LVMH expects to receive approval from the European Commission and Taiwan well before the November 24, 2020 Outside Date.LVMHLVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d’Yquem, Domaine du Clos des Lambrays, Château Cheval Blanc, Colgin Cellars, Hennessy, Glenmorangie, Ardbeg, Belvedere, Woodinville, Volcán de Mi Tierra, Chandon, Cloudy Bay, Terrazas de los Andes,...

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LVMH confirme avoir notifié le projet d’acquisition de Tiffany à la Commission Européenne

Paris, le 18 septembre 2020LVMH confirme avoir reçu ce jour l’accord de la Commission Européenne pour procéder à la notification officielle du projet d’acquisition de la société Tiffany.Conformément à ce qu’elle a toujours affirmé, la société LVMH a déposé son dossier immédiatement après l’obtention de ce feu vert.Huit des dix autorisations anti-trust requises ont déjà été obtenues.   LVMH escompte recevoir les autorisations des autorités de la concurrence de l’Union Européenne et de Taiwan bien avant la date limite du 24 novembre 2020.LVMHLVMH Moët Hennessy Louis Vuitton est présent dans les Vins & Spiritueux au travers notamment des Maisons Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d’Yquem, Domaine du Clos des Lambrays, Château Cheval Blanc, Colgin Cellars, Hennessy, Glenmorangie,...

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APPROVAL OF AFARAK MOGALE (PTY) LTD BUSINESS RESCUE PLAN

19:15 London, 21:15 Helsinki, 18 September 2020 – Afarak Group Plc (“Afarak” or “the Company”) (LSE: AFRK, NASDAQ: AFAGR)APPROVAL OF AFARAK MOGALE (PTY) LTD BUSINESS RESCUE PLANStock Exchange ReleaseOn Wednesday 16 September creditors of Afarak Mogale (Pty) Ltd voted unanimously in favour of the adoption of the proposed business rescue plan.The adopted restructuring plan provides for the disposal of the assets of Afarak Mogale (Pty) Ltd and for the proceeds of such disposals to be utilised in settlement of the claims of creditors.The company and its advisors will now embark on a process to invite offers for the assets.Helsinki, September 18, 2020AFARAK GROUP PLCBoard of DirectorsFor additional information, please contact:Afarak Group PlcGuy Konsbruck, CEO, +356 2122 1566, guy.konsbruck@afarak.com

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AFARAK MOGALE (PTY) LTD:N SANEERAUSOHJELMAEHDOTUKSEN HYVÄKSYMINEN

19:15 Lontoo, 21:15 Helsinki, 18.9.2020 – Afarak Group Oyj (”Afarak” tai ”Yhtiö) (LSE: AFRK, NASDAQ: AFAGR)AFARAK MOGALE (PTY) LTD:N SANEERAUSOHJELMAEHDOTUKSEN HYVÄKSYMINENPörssitiedoteAfarak Mogale (Pty) Ltd:n velkojat ovat 16. syyskuuta äänestäneet yksimielisesti saneerausohjelmaehdotuksen hyväksymisen puolesta.Hyväksytty saneerausohjelmaehdotus edellyttää Afarak Mogale (Pty) Ltd:n varojen myymistä ja näistä myynneistä kertyvät varat käytetään velkojien saatavien suorittamiseen.Yhtiö ja sen neuvonantajat ryhtyvät prosessiin tarjouksien hankkimiseksi varoista.Helsingissä, 18.9.2020AFARAK GROUP OYJHallitusLisätietoja:Afarak Group OyjGuy Konsbruck, toimitusjohtaja, +356 2122 1566, guy.konsbruck@afarak.comVuosikertomukset ja muut sijoittajille annettavat tiedot ovat tarkasteltavissa Yhtiön verkkosivustolla www.afarak.com.Afarak Group on...

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Denbury Successfully Completes Financial Restructuring

Emerges from Chapter 11 Well-Positioned for Long-Term SuccessMoves Forward as Stronger Business With Significant Financial FlexibilityPLANO, Texas, Sept. 18, 2020 (GLOBE NEWSWIRE) — Denbury Inc. (NYSE: DEN) (“Denbury” or the “Company”) today announced that it has successfully completed its financial restructuring and emerged from Chapter 11.  Denbury’s common stock is expected to commence trading on the New York Stock Exchange under the ticker symbol DEN at market open Monday, September 21, 2020.Consistent with the previously announced Restructuring Support Agreement and the Company’s “pre-packaged” plan, Denbury has restructured its balance sheet and eliminated $2.1 billion of bond debt.  Throughout the court-supervised process, Denbury has continued to operate without interruption while fully satisfying all trade, customer, employee,...

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Teck Announces Vice President Appointments

VANCOUVER, British Columbia, Sept. 18, 2020 (GLOBE NEWSWIRE) — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) today announced the following Vice President appointments.Alejandro Vásquez has been appointed Vice President, South America, following the retirement of Chris Dechert. Mr. Vásquez is responsible for Teck’s operating assets in South America and Teck’s corporate office in Santiago. Mr. Vásquez joins Teck from BHP, where he was Asset President, Pampa Norte, with responsibility for its Spence and Cerro Colorado operations.Justine Fisher has been appointed Vice President and Treasurer, following the retirement of Scott Wilson. Ms. Fisher is responsible for the development, execution and continuity of global treasury operations, including all aspects of financial exposure management, capital markets...

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Foncière 7 Investissement – Communiqué de mise à disposition du rapport financier semestriel au 30 juin 2020

Paris, le 18 septembre 2020Communiqué de mise à disposition durapport financier semestriel au 30 juin 2020La Société annonce avoir mis à la disposition du public et déposé auprès de l’Autorité des marchés financiers son rapport financier semestriel au 30 juin 2020.Le rapport financier semestriel peut être consulté sur le site internet de la Société à l’adresse http://www.fonciere7investissement.fr dans la rubrique « finances ».FONCIERE 7 INVESTISSEMENTSociété Anonyme au capital de 1 120 000 euros2 rue de Bassano, 75016 Paris – 486 820 152 RCS PARISPièce jointeFoncière 7 – Communiqué mise à disposition rapport semestriel 30 06 2020

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Candente Copper Corp. Announces Election of Directors and Voting Results for the 2020 Annual General Meeting

VANCOUVER, British Columbia, Sept. 18, 2020 (GLOBE NEWSWIRE) — Candente Copper Corp. (TSX:DNT, BVL:DNT) (“Candente” or the “Company”) is pleased to announce the voting results for its Annual General Meeting of shareholders held Thursday, September 17th, 2020 in Vancouver, British Columbia.A total of 34,206,593 common shares, representing 14.05% of the Company’s issued and outstanding shares were represented at the Meeting and all motions put forward were passed.The following sets forth a summary of the voting results:Number of DirectorsDetermining the number of Directors at six (6).Election of DirectorsDetermining the Directors to hold office until the next annual meeting of shareholders of the Company.Appointment of AuditorAppointing Davidson and Company LLP, Chartered Professional Accountants, as Auditors of the Company...

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