Price represents 19.6x Ball Aerospace’s LTM comparable EBITDA (as of June 30, 2023) Net proceeds accelerate deleveraging, share repurchases and drive significant EVA® accretion Creates a focused, high-margin global aluminum packaging leader Enables acceleration of low-carbon, best-value aluminum packaging initiatives to enhance organic growth across global packaging operations BAE Systems well-positioned to invest in Ball Aerospace in… Continue reading Ball Announces Agreement to Sell Aerospace Business for $5.6 Billion
Tag: Strategy
Assembly Ventures Announces Inaugural $76 Million Mobility Fund Focused on the Physical and Digital Movement of People, Goods, Data and Energy
Assembly Ventures has built the first transatlantic venture capital platform to invest in cutting-edge technologies in the mobility sector. Founded by trailblazers in the mobility sector with strong operational and investment credentials, this brings total assets under management on the platform to $94 million after closing. Substantial investment potential seen in mobility technologies is driven… Continue reading Assembly Ventures Announces Inaugural $76 Million Mobility Fund Focused on the Physical and Digital Movement of People, Goods, Data and Energy
Cleantechnica: Tesla Semi Real World Report, Standard Range Model S vs Model X Introduced 002962
Tesla, as we all know, is very tight lipped about anything having to do with the performance or specifications of its coming vehicles. What we do know (or think we know) is that it has delivered 36 Tesla Semi Class 8 tractors to PepsiCo and Frito-Lay in California. 21 of them are in use at… Continue reading Cleantechnica: Tesla Semi Real World Report, Standard Range Model S vs Model X Introduced 002962
EV Charge Anxiety: 67 percent of UK EV drivers prepared to pay to reserve a charging bay
A new report from SMS looks at the current experience of public EV charging and what needs to be done to get it ‘fit for the future’ LONDON, Aug. 16, 2023 /PRNewswire/ — UK public electric vehicle (EV) charging needs a major reboot if it’s going to be ‘fit for our EV future’, a new report… Continue reading EV Charge Anxiety: 67 percent of UK EV drivers prepared to pay to reserve a charging bay
FirstElement Fuel, the World-Leading Provider of Hydrogen Refueling Solutions, is Awarded $7.7 Million from the California Energy Commission to Scale up its Manufacturing Capacity
“The CEC is playing a huge role to transition the state of California, and the world, away from fossil fuels. It’s truly an honor to continue our partnership with the CEC to make zero emissions transportation a reality,” said Joel Ewanick, Founder and Chief Executive officer of FEF. FEF’s manufacturing facility in Santa Ana currently… Continue reading FirstElement Fuel, the World-Leading Provider of Hydrogen Refueling Solutions, is Awarded $7.7 Million from the California Energy Commission to Scale up its Manufacturing Capacity
Seadrill Announces Second Quarter 2023 Results and $250 Million Share Repurchase Authorization
Delivered $159 million of Adjusted EBITDA(1) on $414 million of revenue, resulting in an Adjusted EBITDA Margin(1) of 38.4%, and net income of $94 million, or $1.16 per diluted share Closed Aquadrill transaction on April 3, increasing contracted floater count for the quarter by four to 12 After the quarter, successfully issued $575 million of 8.375%… Continue reading Seadrill Announces Second Quarter 2023 Results and $250 Million Share Repurchase Authorization
Plaza Premium Group Achieves Remarkable Growth with Crimtan’s Targeted Advertising Solutions
The partnership drove a 37% increase in new customers in the first month Highest new customer growth rate in a month was 187% SINGAPORE, Aug. 15, 2023 /PRNewswire/ — Plaza Premium Group, the global leader in integrated airport hospitality experiences, announced the results of a successful partnership with Crimtan, the pioneer of lifecycle marketing for programmatic… Continue reading Plaza Premium Group Achieves Remarkable Growth with Crimtan’s Targeted Advertising Solutions
Clermont Group Welcomes Robbie Bourke as Head of Aerospace
Aviation industry veteran Robbie Bourke joins Clermont Group as Head of Aerospace Bourke will oversee Clermont’s mission to lead the sustainable aviation revolution, which includes the pioneer in electric propulsion, magniX, and Eviation, the maker of the Alice all-electric commuter aircraft Bourke has more than 20 years of industry experience, including senior roles at Oliver… Continue reading Clermont Group Welcomes Robbie Bourke as Head of Aerospace
NWTN Announces Agreement to Acquire Strategic Stake in Evergrande New Energy Auto
DUBAI, UAE, Aug. 14, 2023 /PRNewswire/ — NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN” or the “Company”), today announced that the Company has reached an agreement to make a strategic investment of US$500 million in China Evergrande New Energy Vehicle Group Ltd. (HKSE:0708), a Chinese… Continue reading NWTN Announces Agreement to Acquire Strategic Stake in Evergrande New Energy Auto
Announcing new leadership appointments at HH Global
HH Global is excited to announce three significant, new leadership appointments LONDON, Aug. 14, 2023 /PRNewswire/ — As we continue to grow and succeed as a business it is essential that our strategy and organizational design evolve to keep ahead of ever-changing and increasingly demanding client and commercial market needs. Group President Kristian Elgey has… Continue reading Announcing new leadership appointments at HH Global