Australia’s InvoCare Ltd said on Wednesday it has agreed to a lower takeover offer from U.S. private-equity firm TPG Global, valuing the funeral service provider at A$1.8 billion ($1.18 billion) following exclusive due diligence. TPG tabled an all-cash offer of A$12.70 per share, lower than its previous A$13 bid for the New South Wales-based company.… Continue reading Australia’s InvoCare agrees to revised $1.2b buyout offer from TPGTPG holds a 19.2% stake in the funeral service provider.
Tag: Financial Results
Heitman divests NPS’s 50% stake in Australian real estate portfolio for $366m
US-headquartered global real estate investment firm Heitman LLC has successfully sold a 50% stake in a portfolio of 20 prime industrial properties in Australia on behalf of its client, the National Pension Service of Korea (NPS). The announcement said the stake sold for A$560 million (about $366 million). The Korean pension fund bought the half… Continue reading Heitman divests NPS’s 50% stake in Australian real estate portfolio for $366m
ASTM decision brings 100% SAF certification within reach
STOCKHOLM, Aug. 7, 2023 /PRNewswire/ — Swedish Biofuels AB announced today that the ASTM International Committee has accepted the use of C2 to C5 alcohols as feedstock for the alcohol-to-jet (ATJ) pathway as well as a new specification for fully formulated aviation fuel with aromatics. The ASTM International Committee D02 on Petroleum Products, Liquid Fuels, and… Continue reading ASTM decision brings 100% SAF certification within reach
CentralNic Group plc Continued Expansion with Key Partnerships and Integrations
LONDON, Aug. 7, 2023 /PRNewswire/ — CentralNic Group plc (“CentralNic”, the “Group” or the “Company”) CentralNic Group PLC (AIM: CNIC), the global internet company that derives recurring revenue from privacy-safe, AI-based customer journeys that help online consumers make informed choices, is pleased to announce a series of recent strategic partnerships, achievements, and the overall progress… Continue reading CentralNic Group plc Continued Expansion with Key Partnerships and Integrations
RateGain announces results for Q1FY24; Records its Biggest Quarter in Revenue Growth and Triples PAT YoY
LONDON, Aug. 7, 2023 /PRNewswire/ — RateGain Travel Technologies Limited (NSE: RATEGAIN), a global provider of AI-powered SaaS solutions for the hospitality and travel industry, today announced its financial results for Q1 FY24 ending on June 30, 2023, reporting robust revenue growth and improving profitability as the companies continue to build on a record year last… Continue reading RateGain announces results for Q1FY24; Records its Biggest Quarter in Revenue Growth and Triples PAT YoY
Vehicle Exterior Door Handle Market is Expected to Globally Reach $9.4 Billion by 2032 at 5.1% CAGR: Allied Market Research
The growth of the global vehicle exterior door handle market is driven by increase in demand for electric vehicles, and rise in the integration of smart access, and keyless entry systems PORTLAND, Ore., Aug. 7, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Vehicle Exterior Door Handle Market by Type (Pull Up Handle, Pull… Continue reading Vehicle Exterior Door Handle Market is Expected to Globally Reach $9.4 Billion by 2032 at 5.1% CAGR: Allied Market Research
China Gaotang: Creating the Koi Industry to Promote High Quality Development
LIAO CHENG, China, Aug. 7, 2023 /PRNewswire/ — This is a report from the Shandong office of Hong Kong Business Daily. In recent years, Gaotang County in Shandong Province has attached great importance to the high-quality development of the koi industry and cultural inheritance, and has formulated a plan for the integrated development of the koi… Continue reading China Gaotang: Creating the Koi Industry to Promote High Quality Development
GCC Hospitality Market Report 2023: Saudi Arabia Dominates GCC Hospitality Market, While Serviced Apartments Witness High CAGR
DUBLIN, Aug. 8, 2023 /PRNewswire/ — The “GCC Hospitality Market: Analysis by Segment (Hotels and Serviced Apartments), By Region Size & Forecast to 2028” report has been added to ResearchAndMarkets.com’s offering. The report provides a comprehensive analysis of the hospitality industry in the Gulf Cooperation Council (GCC) region In 2022, the GCC hospitality market was valued… Continue reading GCC Hospitality Market Report 2023: Saudi Arabia Dominates GCC Hospitality Market, While Serviced Apartments Witness High CAGR
Postmaster General and CEO Louis DeJoy’s Remarks During Aug. 8, 2023, Postal Service Board of Governors Meeting
WASHINGTON, Aug. 8, 2023 /PRNewswire/ — The below remarks are as prepared for delivery by Postmaster General and CEO Louis DeJoy during the open session meeting of the Postal Service Board of Governors on Aug. 8, 2023. “Thank you, Mr. Chairman, and thank you to everyone for your attendance and interest in the United States… Continue reading Postmaster General and CEO Louis DeJoy’s Remarks During Aug. 8, 2023, Postal Service Board of Governors Meeting
Shawn Fain accuses Jeep-maker Stellantis of trying to gut benefits during UAW negotiations
UAW President Shawn Fain took the contract proposals from Stellantis — owner of Jeep, Ram, Chrysler, Dodge and Fiat brands — and literally threw them into the wastebasket on Tuesday. “Seeing this trash coming from Stellantis’ leadership, I thought it was imperative to make you understand where we’re headed,” Fain said during a member update… Continue reading Shawn Fain accuses Jeep-maker Stellantis of trying to gut benefits during UAW negotiations