Crown corporations of Canada

Adams Outdoor Advertising Appoints Kevin Jones as CEO

Retrieved on:

Mittwoch, Mai 15, 2024

Professional Services, Advertising, Communications, Digital Marketing, Data Analytics, Media, Partnership, Senior, Crown corporations of Canada, Growth, Culture, Rackspace Technology, BCI, Executive, Multimedia, Searchlight Capital, Management

Adams Outdoor Advertising (“Adams” or “the Company”), one of the leading out-of-home media operators in the United States, today announced the appointment of Kevin Jones as Chief Executive Officer.

Key Points:

Adams Outdoor Advertising (“Adams” or “the Company”), one of the leading out-of-home media operators in the United States, today announced the appointment of Kevin Jones as Chief Executive Officer.
Long-time Adams CEO Kevin Gleason, who stepped back earlier this year into the Executive Chairman role, will work closely with Jones during the transition.
View the full release here: https://www.businesswire.com/news/home/20240515369852/en/
Commenting on Mr. Jones’ appointment, Mr. Gleason said: “With a shared bullish vision for the Company, Kevin Jones is the right person to take the reins of Adams as we enter our fifth decade in business.
“We are pleased with his appointment as CEO.”
Commenting on his appointment, Mr. Jones added: “It is an honor to be named CEO of Adams.

Consolidated Communications Announces First Quarter 2024 Financial Results

Retrieved on:

Dienstag, Mai 7, 2024

Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today reported results for first quarter 2024.

Key Points:

Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today reported results for first quarter 2024.
31, 2024, the Company had 73% of its total outstanding debt at a fixed rate through September 2026.
Net loss in the first quarter of 2024 was ($47.2 million) compared to net loss of ($47.7 million) in the first quarter of 2023.
Net loss per share was ($0.41) in the first quarter of 2024 as compared to net loss per share of ($0.42) in the first quarter of 2023.

Tropicana Brands Group Appoints Olu Beck to Board of Directors

Retrieved on:

Montag, Mai 6, 2024

PepsiCo, EVP, BCI, Partnership, Saputo Inc., PAI Partners, Development, Mars, Crown corporations of Canada, Mars, Incorporated, TBG, CPG, Management

CHICAGO, May 6, 2024 /PRNewswire/ -- Tropicana Brands Group (TBG), the leader in fresh and chilled beverages, today announced the appointment of Olu Beck to its Board of Directors effective May 6, 2024. In this role, Ms. Beck will primarily focus on guiding TBG through its next phase of innovation and sustainable growth.

Key Points:

Ms. Beck joins as the ninth and final Board Member, rounding out an esteemed group of advisors charged with guiding the joint venture's trajectory
CHICAGO, May 6, 2024 /PRNewswire/ -- Tropicana Brands Group (TBG), the leader in fresh and chilled beverages, today announced the appointment of Olu Beck to its Board of Directors effective May 6, 2024.
In this role, Ms. Beck will primarily focus on guiding TBG through its next phase of innovation and sustainable growth.
"Olu's extraordinary vision and dedication to the Consumer-Packaged Goods industry align seamlessly with Tropicana Brands Group's mission to nourish and delight one sip at a time and drive transformational growth," says Glen Walter, CEO of Tropicana Brands Group.
"Tropicana Brands Group has an exciting story and opportunity that is unique to the CPG and beverage industry," says Olu Beck.

Consolidated Communications to Release First Quarter 2024 Earnings on May 7

Retrieved on:

Dienstag, April 16, 2024

Technology, Other Technology, Telecommunications, Mobile, Wireless, Networks, Internet, Carriers and Services, Consolidated, Consolidated Communications, Crown corporations of Canada, CNSL, Acquisition, Searchlight Capital

Consolidated Communications (Nasdaq: CNSL) (the “Company”) will release its first quarter 2024 financial results on Tuesday, May 7 before the market opens.

Key Points:

Consolidated Communications (Nasdaq: CNSL) (the “Company”) will release its first quarter 2024 financial results on Tuesday, May 7 before the market opens.
In light of the pending acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, Consolidated will not host an earnings conference call.

Corix Laser-Focused on Championing the Transition to Cleaner Energy

Retrieved on:

Montag, April 8, 2024

Nexus, BCI, University, Heat, Hospital, History, Carbon, City, Crown corporations of Canada, Water

VANCOUVER, BC, April 8, 2024 /PRNewswire/ - Corix District Energy Holdings LP (Corix) announced last week a new chapter in its North American thermal energy journey.

Key Points:

VANCOUVER, BC, April 8, 2024 /PRNewswire/ - Corix District Energy Holdings LP (Corix) announced last week a new chapter in its North American thermal energy journey.
Building on a deeply rooted history in the US and Canadian utility spaces and with its water and wastewater business merged into Nexus Water Group, Corix is now laser-focused on continuing to champion the transition to cleaner energy by providing heating and cooling to cities, communities and campuses across North America.
"Corix is a thermal energy leader with a history extending more than 100 years in the US and 20-plus years in Canada," said Corix President & CEO, Lisa Sparrow.
"We're now directing our focus towards the transition to cleaner energy.

I Squared wins Eight Infrastructure Investor Awards

Retrieved on:

Freitag, März 1, 2024

I Squared Capital, a leading independent global infrastructure investment manager, today announced the firm had won eight Infrastructure Investor Annual Awards.

Key Points:

I Squared Capital, a leading independent global infrastructure investment manager, today announced the firm had won eight Infrastructure Investor Annual Awards.
This includes global awards for Fund Manager of the Year, Mid-Market Investor of the Year, and Innovator of the Year.
MID-MARKET INVESTOR OF THE YEAR, GLOBAL
I Squared closed its landmark $1.8 billion ISQ Growth Markets Infrastructure Fund, focused on smaller deals in emerging markets.
TRANSPORT INVESTOR OF THE YEAR, ASIA-PACIFIC
I Squared Capital completed the public listing of Cube Highways, its Indian toll roads platform, this year.

Driscoll’s Takes Significant Stake in Costa Group

Retrieved on:

Montag, Februar 26, 2024

Organic Food, Retail, Supermarket, Agriculture, Natural Resources, Food, Beverage, Investment, Marketing, Citrus, Growth, Crown corporations of Canada, Vegetable, Genetics, Costa Group, Partnership, Coffee

Costa was started in the late 1800s by the Costa family in Geelong Victoria, Australia.

Key Points:

Costa was started in the late 1800s by the Costa family in Geelong Victoria, Australia.
Costa products are sold into numerous countries around the world, including throughout Europe, UK, Asia, and North America.
Over the past few decades, Paine Schwartz Partners has invested $5.7 billion in agriculture and the food supply chain, which includes a prior equity stake in Costa.
Its investment in agricultural assets includes an ownership stake in Viterra and mushroom and citrus businesses.

Consolidated Communications to Release Fourth Quarter 2023 Earnings on March 5

Retrieved on:

Mittwoch, Februar 14, 2024

Security, Technology, VoIP, Other Technology, Networks, Internet, Carriers and Services, Consolidated Communications, Searchlight Capital, Acquisition, Consolidated, Crown corporations of Canada, CNSL

Consolidated Communications (Nasdaq: CNSL) (the “Company”) will release its fourth quarter 2023 financial results on Tuesday, March 5 before the market opens.

Key Points:

Consolidated Communications (Nasdaq: CNSL) (the “Company”) will release its fourth quarter 2023 financial results on Tuesday, March 5 before the market opens.
In light of the pending acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation, Consolidated will not host an earnings conference call.

Consolidated Communications Shareholders Approve Proposed Transaction with Searchlight and BCI

Retrieved on:

Mittwoch, Januar 31, 2024

Technology, Other Technology, VoIP, Networks, Internet, Carriers and Services, Consolidated, Consolidated Communications, Crown corporations of Canada, Committee, Latham & Watkins, Rothschild & Co, Searchlight Capital, CNSL, Cravath, Swaine & Moore, Acquisition, LLP

Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today announced that, based on the preliminary vote count provided by its proxy solicitor following the Company’s special meeting of shareholders (the “Special Meeting”) held earlier today, Consolidated shareholders have voted overwhelmingly to approve the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. (“Searchlight”) and British Columbia Investment Management Corporation (“BCI”) (the “Proposed Transaction”).

Key Points:

Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today announced that, based on the preliminary vote count provided by its proxy solicitor following the Company’s special meeting of shareholders (the “Special Meeting”) held earlier today, Consolidated shareholders have voted overwhelmingly to approve the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. (“Searchlight”) and British Columbia Investment Management Corporation (“BCI”) (the “Proposed Transaction”).
Approximately 75% of disinterested shareholders voted to approve the proposal to adopt the merger agreement and approve the Proposed Transaction.
“Today’s vote by Consolidated shareholders is a clear endorsement that they recognize the value-maximizing nature of this transaction,” said Robert J. Currey, the Chairman of the Consolidated Communications Board and the Special Committee Chair.
Following the closing of the Proposed Transaction, shares of Consolidated Communications common stock will no longer be traded or listed on any public securities exchange.

Leading Independent Proxy Advisory Firm Glass Lewis Recommends Consolidated Communications Shareholders Vote “FOR” the Proposed Transaction with Searchlight and BCI

Retrieved on:

Dienstag, Januar 23, 2024

Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today announced that a leading independent proxy advisory firm, Glass Lewis & Co. (“Glass Lewis”), has joined Institutional Shareholder Services (“ISS”) in recommending that Consolidated shareholders vote “FOR” the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. (“Searchlight”) and British Columbia Investment Management Corporation (“BCI”) (the “Proposed Transaction”).

Key Points:

Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (the “Company” or “Consolidated”), a top 10 fiber provider in the U.S., today announced that a leading independent proxy advisory firm, Glass Lewis & Co. (“Glass Lewis”), has joined Institutional Shareholder Services (“ISS”) in recommending that Consolidated shareholders vote “FOR” the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. (“Searchlight”) and British Columbia Investment Management Corporation (“BCI”) (the “Proposed Transaction”).
The Company’s special meeting of shareholders (the “Special Meeting”) to vote on the Proposed Transaction is scheduled to be held on January 31, 2024.
Consolidated urges its shareholders to vote “FOR” the Proposed Transaction today.
Consolidated issued the following statement regarding the Glass Lewis recommendation to vote FOR the Proposed Transaction:
“Glass Lewis joining ISS in its support of the Proposed Transaction underscores the financially compelling and certain value that this transaction delivers to our shareholders.