Month: July 2024

NBPE Announces June Monthly NAV Estimate & 2H 2024 Dividend Payment

Written by Customer Service on July 17, 2024. Posted in Dividend Reports And Estimates.

THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS NBPE Announces June Monthly NAV Estimate & 2H 2024 Dividend Payment 17 July 2024 NB Private Equity Partners (NBPE), the $1.3bn1, FTSE 250, listed private equity investment company managed by Neuberger Berman, today announces its 30 June 2024 monthly NAV estimate. NAV Highlights (30 June 2024)NAV per share was $27.39 (£21.67), a decrease of 0.4% in the month Q1 2024 private valuations up 2.4% on a constant currency basis; year to date performance offset by quoted holdings and foreign exchange adjustments $386 million of available liquidity at 30 June 2024 2H 2024 dividend of $0.47 per share, in-line with the previous dividend in February...

Egide: 2024 HY sales

Written by Customer Service on July 17, 2024. Posted in Public Companies.

Bollène (France), July 16, 2024– 06 :00pm (CET)Press Release FIRST-HALF 2024 SALES 2024 Consolidated first-half sales: €15.4m (-19%) Revenue decline resulting from the sharp drop in business with a major customer in France. Significant efforts to win new customers and develop new products. However, these diversifications require relatively long qualification phases, which will only begin to pay off in the last quarter of 2024. Growing proportion of sales generated outside Europe and North America. Ongoing investment in modernizing production facilities. Outlook Diversification efforts but with delays in ramping up. H2 revenue expected to be higher than H1. Consolidated revenue for 2024 expected to decline compared to 2023 Egide Group (Euronext Growth Paris™- ISIN : FR0000072373 – Mnémo : ALGID),...

McPhy Energy: McPhy completes the disposal of its refueling stations business to Atawey

Written by Customer Service on July 17, 2024. Posted in Mergers And Acquisitions.

Emergence of two pure players, among the European leaders in their respective segments and key actors in the hydrogen sector in France; Final sale price was set at €12 million, payable in instalments up to December 31, 2025, increased by a possible earn-out based on future orders.Grenoble, July 17, 2024 – 7:30 am CEST – McPhy Energy, a specialist in low-carbon hydrogen production and distribution equipment (electrolyzers and refueling stations), and Atawey, a specialist in hydrogen distribution equipment, announced the completion of the transaction on McPhy’s refueling stations business. It is reminded that McPhy and Atawey entered into exclusive negotiations in December 20231, following which McPhy received a binding offer from Atawey on February 19, 20242 and signed a sale agreement for this business on April 19, 2024. Jean-Baptiste...

EssilorLuxottica to Acquire Supreme® from VF Corporation

Written by Customer Service on July 17, 2024. Posted in Public Companies.

EssilorLuxottica to Acquire Supreme® from VF Corporation Paris, France and Denver, CO (17 July 2024 – 8am CEST) – EssilorLuxottica, a global leader in the optical industry, and VF Corporation (NYSE: VFC), a global leader in branded lifestyle apparel, footwear and accessories, today announced that they have entered into a definitive agreement for EssilorLuxottica to acquire the Supreme® brand from VF for $1.5 billion in cash. Francesco Milleri, Chairman and Chief Executive Officer and Paul du Saillant, Deputy Chief Executive Officer at EssilorLuxottica said: “We see an incredible opportunity in bringing an iconic brand like Supreme® into our Company. It perfectly aligns with our innovation and development journey, offering us a direct connection to new audiences, languages and creativity. With its unique brand identity, fully-direct...

Press release – SPIE signs an agreement for the acquisition of OTTO LSE

Written by Customer Service on July 17, 2024. Posted in Mergers And Acquisitions.

Cergy, July 17th, 2024 – SPIE, the independent European leader in multi-technical services in the areas of energy and communications, announces the signature of an agreement to acquire c.87% of Otto Life Science Engineering GmbH in Germany. SPIE expects to close the transaction in Q3 2024, subject to customary closing conditions among which German antitrust approval. Headquartered in Nuremberg in Bavaria, OTTO LSE was founded in 2017 and operates from 6 offices across Germany. The company is a specialised provider of EPC services (Engineering, Procurement and Construction) for pharmaceutical and biotech production facilities and laboratories. OTTO LSE has a unique selling proposition with its turnkey solutions and has a solid project track record in the sector. The company covers the entire value chain (from planning, designing, delivering...

Atlas responds to recommendation of the Independent Committee of the Board of Directors of Millicom International Cellular S.A.

Written by Customer Service on July 17, 2024. Posted in Mergers And Acquisitions.

Luxembourg, July 17, 2024 (GLOBE NEWSWIRE) — This announcement is not an offer, whether directly or indirectly, in Australia, Belarus, Canada, Hong Kong, Japan, New Zealand, Singapore, South Africa or Russia or in any other jurisdiction where such offer would be prohibited by applicable law pursuant to legislation, restrictions and regulations in the relevant jurisdiction. Shareholders not resident in Sweden or the United States who wish to accept the Offers (as defined below) must make inquiries concerning applicable legislation and possible tax consequences. Shareholders should refer to the offer restrictions included in the section titled “Important notice” at the end of this announcement and in the Offer to Purchase, which was published on July 1, 2024. United States shareholders should refer to the section titled “Important...

Challenging market developments lead to decline in sales at Feintool in Europe

Written by Customer Service on July 17, 2024. Posted in Public Companies.

This is an ad hoc announcement pursuant to Article 53 of the Listing Rules (LR) of the SIX Exchange Regulation AG As a leading supplier of precision parts for the automotive and industrial sectors, the Feintool Group faces a challenging market environment. Electric vehicle sales in Europe have developed slower than generally expected. Due to political uncertainties, a strained economic situation, and existing overcapacities, automotive manufacturers have postponed, canceled, or significantly reduced the volume of selected programs. Entering 2024, Feintool faced strong headwinds, recording a significant decline in sales and earnings in the first half of the year compared to the same period in 2023. This decline is attributed to the aforementioned uncertainties in the European automotive market and a persistently tense economic situation...

Kadri Haldre to become new Management Board member of LHV Group and LHV Pank

Written by Customer Service on July 17, 2024. Posted in Public Companies.

Based on the proposition from the Nomination Committee, the Supervisory Board of AS LHV Group decided to elect Kadri Haldre to be the new Management Board member and Chief Risk Officer of LHV Group. She will join the Management Board as of 18 November 2024 for a five-year term. At the same time the Supervisory Board of AS LHV Pank resolved at the proposal of the Nomination Committee to elect Kadri Haldre also as a member of the Management Board and CRO of LHV Pank starting from 18 November for a five-year term. Whether the new board member meets the eligibility requirements will also be approved by the European Central Bank. The current member of the Management Board Martti Singi will be recalled from both boards as of 18 November 2024, as previously agreed. “Kadri will bring deep knowledge of the finance world to the LHV board....

ASML reports €6.2 billion total net sales and €1.6 billion net income in Q2 2024

Written by Customer Service on July 17, 2024. Posted in Public Companies.

ASML reports €6.2 billion total net sales and €1.6 billion net income in Q2 2024ASML continues to expect 2024 total net sales to be similar to 2023, supported by a strong second half year VELDHOVEN, the Netherlands, July 17, 2024 – Today, ASML Holding NV (ASML) has published its 2024 second-quarter results.Q2 total net sales of €6.2 billion, gross margin of 51.5%, net income of €1.6 billion Quarterly net bookings in Q2 of €5.6 billion2 of which €2.5 billion is EUV ASML expects Q3 2024 total net sales between €6.7 billion and €7.3 billion and a gross margin between 50% and 51%(Figures in millions of euros unless otherwise indicated) Q1 2024 Q2 2024 Total net sales 5,290 6,243 …of which Installed Base Management sales1 1,324 1,482 ...

Peter Dworkin Appointed to Pacific Financial Corporation Board of Directors

Written by Customer Service on July 17, 2024. Posted in Public Companies.

ABERDEEN, Wash., July 16, 2024 (GLOBE NEWSWIRE) — Pacific Financial Corporation (OTCQX: PFLC), (“Pacific Financial”) or the (“Company”), the holding company for Bank of the Pacific (the “Bank”), announced today the recent appointment of Peter (Pete) Dworkin to the Pacific Financial Corporation Board of Directors, and to the Board of Bank of the Pacific. Mr. Dworkin is a highly regarded attorney and brings more than 24 years of legal experience to the board, with a solid background in real estate contracts, administrative land use issues as well as commercial and civil litigation and criminal prosecution. Pete is deeply grounded in Whatcom County and the Bellingham community where he served for 14 years on the board of Whatcom County Domestic Violence and Sexual Assault Services with two separate terms as board president. Mr. Dworkin...

Month: July 2024

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