Day: January 3, 2023
Paris, Amsterdam, January 3, 2023
Press release
Unibail-Rodamco-Westfield Sells Westfield Trumbull and South Shore Shopping Centres for $196 Mn
Transaction takes URW’s total US deleveraging proceeds to $1.3 Bn1
Unibail-Rodamco-Westfield (“URW”) today announced that as of Friday, December 30th, 2022 it has completed the sale of Westfield Trumbull located in Trumbull, Connecticut and Westfield South Shore located in Bay Shore, New York to a commercial real estate investment firm.
The combined gross sale price of these wholly owned regional assets at $196 Mn is equal to their gross market value, and reflects an initial yield of 9.5% on the in-place NOI. Both assets are B+-rated2 properties, with Trumbull being 125,000 sqm and 85% leased, and South Shore being 94,400 sqm and 89% leased.
With this transaction, URW has made $1.3 Bn in total...
argenx to Present at 41st Annual J.P. Morgan Healthcare Conference
Written by Customer Service on . Posted in Public Companies.
January 3, 2023
Amsterdam, the Netherlands – argenx (Euronext & Nasdaq: ARGX), a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases, today announced that Tim Van Hauwermeiren, Chief Executive Officer, will present at the 41st Annual J.P. Morgan Healthcare Conference on Monday, January 9, 2023 at 9:00 a.m. PT.
A live webcast of the presentation may be accessed on the Investors section of the argenx website at argenx.com/investors. A replay of the webcast will be available on the argenx website for approximately 30 days following the presentation.
About argenxargenx is a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases. Partnering with leading academic researchers through its Immunology Innovation Program (IIP),...
TGS Announces New 2D Seismic Survey Offshore Bangladesh
Written by Customer Service on . Posted in Public Companies.
OSLO, Norway (03 January 2023) – TGS, a global provider of energy data and intelligence, today announced a new regional multi-client 2D seismic program offshore Bangladesh in partnership with SLB and Petrobangla.
The program’s initial phase will comprise approximately 11,000 line kilometers of newly acquired high-resolution broadband 2D seismic data on a regional scale to enhance the geological understanding of the prospective Bengal Fan. In addition, the data will also be an essential tool for acreage evaluation, supporting future license rounds under the soon-to-be-revised fiscal terms widely anticipated by the industry.
The overall program plans to encompass around 32,000 line kilometers of multi-client seismic data covering most of offshore Bangladesh. The new data will be acquired using long offset and long record lengths to...
MSP Recovery, Inc. D/B/A LifeWallet, Begins Trading Today Under New NASDAQ Ticker Symbol LIFW
Written by Customer Service on . Posted in Public Companies.
CORAL GABLES, Fla., Jan. 03, 2023 (GLOBE NEWSWIRE) — MSP Recovery, Inc. D/B/A LifeWallet (“LifeWallet”, or “the Company”), a Medicare, Medicaid, commercial, and secondary payer reimbursement recovery and technology leader, today announced the Company will commence trading of its common stock today, January 3, 2023 at 9:30 AM ET, under the new ticker symbol “LIFW”.
MSP Recovery, Inc. previously announced on Dec 22, 2022 that it will begin doing business as “LifeWallet” in 2023.
The “LIFW” ticker symbol will replace the Company’s current ticker symbol for its common stock, “MSPR”. Additionally, the Company’s publicly traded warrants to purchase common stock will begin trading under the ticker symbols “LIFWW” and “LIFWZ”, thus replacing the Company’s ticker symbols for its publicly traded warrants, “MSPRW” and “MSPRZ”, respectively.
The...
MSP Recovery, Now Doing Business as LifeWallet, Entered into a Term Sheet for the Monetization of a Portion of Its Company-owned Assignor Interests as a New Source of Monetization for $275 Million, and Payment of $48 Million in Servicing Fees for 2023
Written by Customer Service on . Posted in Public Companies.
CORAL GABLES, Fla., Jan. 02, 2023 (GLOBE NEWSWIRE) — MSP Recovery, Inc. (NASDAQ: MSPR) (“MSPR”, “MSP Recovery”, the “Company,” or “LIFW”), which recently announced that it will begin doing business as LifeWallet in 2023 and that its ticker symbol will change to “LIFW” at the beginning of 2023, today announced that the Company entered into a term sheet relating to the sale of a portion of its Company owned Assignor Interests, as defined and as further described below, and certain other transactions (the “Term Sheet”).
In the ordinary course of its business, LIFW acquires assignments of recoveries from health insurance payors, healthcare providers and others, and uses its proprietary multi-level data analytics system to identify and then works to secure recoveries from responsible parties. LIFW typically obtains the assignment...
Shaw Communications Statement on Decision by Competition Tribunal
Written by Customer Service on . Posted in Mergers And Acquisitions.
CALGARY, Alberta, Jan. 02, 2023 (GLOBE NEWSWIRE) — Shaw Communications today issued the following statement in reaction to the decision of the Competition Tribunal released on the evening of January 1, 2023. The decision is available at https://decisions.ct-tc.gc.ca/ct-tc/cdo/en/521175/1/document.do.
The Competition Tribunal’s ruling is comprehensive, thoughtful, well-reasoned and clear in its finding that the proposed Shaw-Videotron-Rogers transactions are “not likely to prevent or lessen competition substantially.”
In fact, in its 88-page decision the Tribunal considered carefully the evidence provided during a month-long hearing. The Tribunal found accurately that if the transactions are allowed to proceed, “the strengthening of Rogers’ position in Alberta and British Columbia…will also likely contribute to an increased intensity...