Month: June 2021

NOVA LIMA, Brazil, June 01, 2021 (GLOBE NEWSWIRE) — Afya Limited, or Afya (Nasdaq: AFYA) in addition to the Press Release released by the Company on October 22,2020, today announced the closing of its acquisition, through its wholly-owned subsidiary Afya Participações S.A., of 100% of the total share capital of Sociedade Padrão de Educação Superior Ltda (“UNIFIPMoc and Fip Guanambi”). The aggregate purchase price (enterprise value) was R$360.0 million, including the assumption of a Net Debt of R$31.1 million. The equity value was paid 100% in cash in the date hereof. We expect an EV/EBITDA of 5.1x at maturity and post synergies. UNIFIPMoc and Fip Guanambi are a post-secondary education institution with government authorization to offer on-campus, undergraduate courses in medicine in the states of Minas Gerais and Bahia. The reported...

Acquisition Immediately Expands Stabilis’ LNG Production Capacity by 30% and Provides a Strategic Supply Point to Support Gulf Coast Customers Houston, Tx, June 01, 2021 (GLOBE NEWSWIRE) — Stabilis Solutions, Inc., (“Stabilis”) (NASDAQ: SLNG), a leading provider of energy transition services including liquefied natural gas (“LNG”) and hydrogen fueling solutions, announced today that it has completed the acquisition of an LNG production facility in Port Allen, Louisiana from HR Nu Blu Energy, LLC.   Terms of the acquisition were not disclosed. The Port Allen facility is strategically located in the eastern Gulf Coast region and will support some of Stabilis’ largest customers.  Built in 2018, the facility has nameplate production capacity of 30,000 LNG gallons per day which increases Stabilis’ total nameplate production...

ST. LOUIS, June 01, 2021 (GLOBE NEWSWIRE) — Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding company, today announced that it has acquired the ready-to-eat (“RTE”) cereal business of TreeHouse Foods for $85 million, effective today. The acquisition includes two facilities located in Lancaster, Ohio and Sparks, Nevada, which feature a wide range of production capabilities across batch and extruded products, a research and development facility located in Sauget, Illinois as well as inventory valued at approximately $30 million. The financial results of the acquired RTE cereal business are expected to be reported in the Post Consumer Brands segment and are expected to be modestly dilutive to Post’s Adjusted EBITDA for fiscal year 2021 and accretive in fiscal year 2022. Use of Non-GAAP Measure Post uses Adjusted EBITDA,...