Investment management

Custodian Property Income REIT plc: Update on recommended all-share merger with abrdn Property Income Trust Limited (“API”) and improvement in management arrangements and fees for the Combined Group

Retrieved on: 
Wednesday, March 13, 2024

Further to the previous announcements by the board of directors of CREI (the “CREI Board”) regarding the recommended all-share merger of API and CREI (the “Recommended Merger”), the CREI Board provides an update reaffirming its belief in the compelling strategic and financial rationale of the Recommended Merger and announces further improvements to the management arrangements and fees for the Combined Group.

Key Points: 
  • Further to the previous announcements by the board of directors of CREI (the “CREI Board”) regarding the recommended all-share merger of API and CREI (the “Recommended Merger”), the CREI Board provides an update reaffirming its belief in the compelling strategic and financial rationale of the Recommended Merger and announces further improvements to the management arrangements and fees for the Combined Group.
  • On 4 March 2024, the CREI Board announced the reaffirmation of its belief in the compelling strategic and financial rationale of the Recommended Merger.
  • The CREI Board urges CREI Shareholders and API Shareholders to review the detail set out in that announcement in their consideration of the Recommended Merger, which can be found here https://custodianreit.com/proposed-all-share-merger-with-abrdn-property-... .
  • in respect of the NAV of the Combined Group which is less than or equal to £500 million (rather than a fee of 0.90 per cent.

SEC Announces Departure of William Birdthistle; Natasha Vij Greiner Named Director of the Division of Investment Management

Retrieved on: 
Wednesday, February 28, 2024

Natasha Vij Greiner, currently the Deputy Director of the Division of Examinations, will be named Director of the Division of Investment Management upon Mr. Birdthistle’s departure.

Key Points: 
  • Natasha Vij Greiner, currently the Deputy Director of the Division of Examinations, will be named Director of the Division of Investment Management upon Mr. Birdthistle’s departure.
  • The Division oversees regulatory policy for investment advisers and investment companies, including mutual funds and other investment products and services relied upon by retail investors.
  • “I am grateful to William for his service to the SEC and to the investing public,” said SEC Chair Gary Gensler.
  • “I am excited for the opportunity to lead the exceptional staff in the Division of Investment Management,” said Ms. Greiner.

INVESTIGATION UPDATE: Halper Sadeh LLC Investigates INBX, HAYN, KAMN

Retrieved on: 
Saturday, March 9, 2024

If you are a Inhibrx shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Inhibrx shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates CTLT, KAMN, AVRO

Retrieved on: 
Saturday, March 2, 2024

If you are a Catalent shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are a Catalent shareholder, click here to learn more about your rights and options .
  • If you are a Kaman shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Continues Investigating the Merger – KAMN, JNPR, INBX, AXNX

Retrieved on: 
Friday, March 1, 2024

Under the terms of the agreement, KAMN shareholders are expected to receive $46.00 in cash per share they own.

Key Points: 
  • Under the terms of the agreement, KAMN shareholders are expected to receive $46.00 in cash per share they own.
  • Under the terms of the agreement, JNPR shareholders are expected to receive $40.00 in cash per share they own.
  • Under the terms of the agreement, AXNX shareholders will receive $71.00 in cash per share they own.
  • Before you hire a law firm, you should talk to a lawyer and ask:
    Do you recover money for shareholders?

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates AXNX, KAMN, JNPR, AVRO

Retrieved on: 
Wednesday, February 28, 2024

If you are an Axonics shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an Axonics shareholder, click here to learn more about your rights and options .
  • If you are a Kaman shareholder, click here to learn more about your rights and options .
  • Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER UPDATE: Halper Sadeh LLC Investigates AXNX, KAMN, BATL, JNPR

Retrieved on: 
Saturday, February 24, 2024

If you are an Axonics shareholder, click here to learn more about your rights and options .

Key Points: 
  • If you are an Axonics shareholder, click here to learn more about your rights and options .
  • If you are a Kaman shareholder, click here to learn more about your rights and options .
  • Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email [email protected] or [email protected] .
  • Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

SHAREHOLDER INVESTIGATION: The M&A Class Action Firm Continues Investigating the Merger – KAMN, ERF, DFS, KNTE

Retrieved on: 
Friday, February 23, 2024

NEW YORK, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.

Key Points: 
  • NEW YORK, Feb. 23, 2024 (GLOBE NEWSWIRE) -- Monteverde & Associates PC (the “M&A Class Action Firm”), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report.
  • Under the terms of the agreement, KAMN shareholders are expected to receive $46.00 in cash per share they own.
  • Enerplus Corp. (NYSE: ERF ), relating to its proposed merger with Chord Energy Corp.
  • Before you hire a law firm, you should talk to a lawyer and ask:
    Do you recover money for shareholders?

Jensen Investment Management Announces Managing Director Eric Schoenstein to Retire in 2025

Retrieved on: 
Friday, March 1, 2024

Jensen Investment Management (“Jensen”), a 100% employee-owned active equity investment management firm announces the planned retirement of Eric Schoenstein, Chief Investment Officer, effective March 1, 2025.

Key Points: 
  • Jensen Investment Management (“Jensen”), a 100% employee-owned active equity investment management firm announces the planned retirement of Eric Schoenstein, Chief Investment Officer, effective March 1, 2025.
  • View the full release here: https://www.businesswire.com/news/home/20240301207076/en/
    Schoenstein, who joined Jensen in 2002, serves as Managing Director and is a member of the investment team comprising portfolio managers and analysts who oversee operations and investments on a consensus basis.
  • “We are grateful to Eric for his tireless dedication to our clients and the firm over the last 22 years,” said Rob McIver, Managing Director, President and Portfolio Manager at Jensen Investment Management.
  • “Among his many contributions to the firm, Eric is noted for his stewardship of Jensen’s collaborative investment process.”

Flexible Financing to Provide Access to Rapidly Deployable EV Charging Stations Across the U.S.

Retrieved on: 
Wednesday, February 28, 2024

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240228629001/en/
    eSkid™ charging solution, a rapidly deployable EV charging platform utilizing ChargePoint hardware and software (Photo: Wells Fargo)
    Wells Fargo has worked with EnTech Solutions to create a financing program specifically for the eSkid™ charging solution, a rapidly deployable EV charging platform utilizing ChargePoint hardware and software.
  • Installing charging infrastructure can typically be costly and timely, but with EnTech Solutions’ eSkid charging solution and Wells Fargo’s flexible, customizable loan and lease options, businesses across the U.S. can embark on an affordable sustainability journey.
  • EnTech Solutions’ eSkid charging solution is a rapidly deployable EV charging station designed to drop in place, allowing businesses to offer charging within days of installation.
  • Flexible: Charging stations are impermanent and can be relocated as a business grows and evolves, an ideal solution for companies that lease their facility.