Kohlberg Kravis Roberts

EQS-News: ENCAVIS AG again surpasses its guidance with its Consolidated Financial Statements 2023 – Operating Cash Flow 2023 influenced by non-recurring effects

Retrieved on:

Wednesday, April 10, 2024

CIO, Electricity, EUR, Annual, Tax, Deutsch, Growth, Kohlberg Kravis Roberts, CFO, EPS, Partnership, MDAX, AGM, Sale, Wind, Insurance, Kilowatt-hour, Renewable energy, KKR, Weather

All financial key figures for 2023, except for operating cash flow, exceed the guidance, even if – with the exception of EPS – they are below the extraordinary high figures for the exceptional year 2022.

Key Points:

All financial key figures for 2023, except for operating cash flow, exceed the guidance, even if – with the exception of EPS – they are below the extraordinary high figures for the exceptional year 2022.
A further EUR 12.4 million from the sale of individual assets was not recorded in the operating cash flow but in the cash flow from investing activities.
The Group expects operating cash flow of EUR 260 million (2023: EUR 234.9 million).
The operating cash flow per share is therefore expected to amount to EUR 1.62 (2023: EUR 1.46).

D.A. Davidson Acts as Exclusive Financial Advisor to Anillo Industries on Its Sale to Novaria Group

Retrieved on:

Tuesday, February 27, 2024

Davidson & Co. announced today that it served as exclusive financial advisor to Anillo Industries (“Anillo”) on its sale to Novaria Group (“Novaria”), a portfolio company of Kohlberg Kravis Roberts & Co. (“KKR”).

Key Points:

Davidson & Co. announced today that it served as exclusive financial advisor to Anillo Industries (“Anillo”) on its sale to Novaria Group (“Novaria”), a portfolio company of Kohlberg Kravis Roberts & Co. (“KKR”).
Headquartered in Orange, California, Anillo is a longstanding best-in-class manufacturer of Class C parts, including washers, shims, spacers, plain bearings, and stampings.
Davidson Acts as Exclusive Financial Advisor to Anillo Industries on Its Sale to Novaria Group (Graphic: Business Wire)
Founded in 1957, Anillo is a second-generation business owned by Kurt and Mark Koch.
The group has extensive transaction experience serving middle-market clients worldwide across four industry verticals: Consumer, Diversified Industrials, Financial Institutions, and Technology.

Frida Norrbom Sams and Mark Williamson proposed as new members of the board of directors of Concentric AB

Retrieved on:

Thursday, February 15, 2024

HVAC, Aereon, Concentric objects, Growth, KKR, Kohlberg Kravis Roberts, Ingersoll Rand, NKT, Husqvarna

REDDITCH, England, Feb. 15, 2024 /PRNewswire/ -- The nomination committee of Concentric AB proposes that Frida Norrbom Sams and Mark Williamson are elected as new members of the board of directors at the annual general meeting on April 18, 2024.

Key Points:

REDDITCH, England, Feb. 15, 2024 /PRNewswire/ -- The nomination committee of Concentric AB proposes that Frida Norrbom Sams and Mark Williamson are elected as new members of the board of directors at the annual general meeting on April 18, 2024.
The nomination committee's proposal means the board will consist of eight members elected by the general meeting, with no deputies.
More detailed descriptions of Frida Norrbom Sams and Mark Williamson will be available on Concentric's website as soon as the notice to the 2024 annual general meeting has been published.
"With Frida Norrbom Sams' and Mark Williamson's robust industrial, financial and international experience and competence, they will contribute to the company's continued growth and value creation.

Pitney Bowes Announces Continued Refreshment of its Board of Directors

Retrieved on:

Wednesday, January 31, 2024

“It has been a privilege to lead the Board of Pitney Bowes, a storied business with a more than 100-year history of change and innovation.

Key Points:

“It has been a privilege to lead the Board of Pitney Bowes, a storied business with a more than 100-year history of change and innovation.
I look forward to working with management and the rest of the Board, including our newest members, to build on this momentum between now and the Annual Meeting.
Mr. Simon is an experienced public company director and former executive, with skills and perspectives that will be additive to Pitney Bowes’ Board.
Ms. Sutton is a public company director and former executive with extensive experience that will be additive to Pitney Bowes’ Board.

EQS-News: OHB SE: Capital increase of EUR 77 million successfully completed

Retrieved on:

Tuesday, January 30, 2024

Rocket Factory Augsburg, Authorization, KKR, DIGITAL, Kohlberg Kravis Roberts, EUR, OHB, RFA, SPACE, Security (finance)

OHB SE's share capital was increased by 10 % against cash contributions, making partial use of the Authorized Capital 2020 and excluding shareholders' statutory subscription rights.

Key Points:

OHB SE's share capital was increased by 10 % against cash contributions, making partial use of the Authorized Capital 2020 and excluding shareholders' statutory subscription rights.
A total of 1,746,809 new shares were issued as part of the capital increase for gross proceeds of around EUR 77 million.
The company's share capital therefore amounts to EUR 19,214,905.00, divided into 19,214,905 no-par value ordinary bearer shares with a calculated share in the share capital of EUR 1.00 each.
Marco Fuchs, CEO of OHB: "With the capital increase now completed, we have taken a further step towards our goal of becoming the leading provider of space solutions in Europe.

Adial Announces Appointment of Tony Goodman as Chief Operating Officer

Retrieved on:

Thursday, January 18, 2024

Patient, Strategic planning, Corporation, Partnership, Marshall University, Trade, Business administration, Business, Kohlberg Kravis Roberts, RBP, National Association, Marketing, Management

Charlottesville, Va., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Adial Pharmaceuticals, Inc. (NASDAQ: ADIL; ADILW) (“Adial” or the “Company”), a clinical-stage biopharmaceutical company focused on developing therapies for the treatment and prevention of addiction and related disorders, today announced the appointment of Tony Goodman as Chief Operating Officer.

Key Points:

Charlottesville, Va., Jan. 18, 2024 (GLOBE NEWSWIRE) -- Adial Pharmaceuticals, Inc. (NASDAQ: ADIL; ADILW) (“Adial” or the “Company”), a clinical-stage biopharmaceutical company focused on developing therapies for the treatment and prevention of addiction and related disorders, today announced the appointment of Tony Goodman as Chief Operating Officer.
Cary J. Claiborne, Adial's Chief Executive Officer, stated, "We welcome Tony to the senior management team at this pivotal time for the Company.
He is the founder and Managing Director of The Keswick Group LLC, a strategic commercial and business development advisory firm.
Mr. Goodman graduated from Marshall University with a degree in Business Administration and is currently a Full Board Executive with the National Association of Corporate Directors (“NACD”).

BrightSpring Health Services Announces Pricing of its Initial Public Offering and Concurrent Offering of Tangible Equity Units

Retrieved on:

Friday, January 26, 2024

General Health, Pharmaceutical, Health, Guggenheim Partners, Jefferies Group, Prospectus, BofA Securities, HSBC, Sale, UBS, Goldman Sachs, Wells Fargo, Kohlberg Kravis Roberts

BrightSpring Health Services, Inc. (“BrightSpring” or “BrightSpring Health Services”) today announced the pricing of an initial public offering of 53,333,334 shares of its common stock at $13.00 per share and a concurrent offering of 8,000,000 of its 6.75% tangible equity units (“Units”), with a stated amount of $50.00 per Unit.

Key Points:

BrightSpring Health Services, Inc. (“BrightSpring” or “BrightSpring Health Services”) today announced the pricing of an initial public offering of 53,333,334 shares of its common stock at $13.00 per share and a concurrent offering of 8,000,000 of its 6.75% tangible equity units (“Units”), with a stated amount of $50.00 per Unit.
The completion of the Units offering is conditioned upon the completion of the common stock offering, but the completion of the common stock offering is not conditioned upon the completion of the Units offering.
BrightSpring has granted the underwriters in the common stock offering a 30-day option to purchase up to an additional 8,000,000 shares of its common stock to cover over-allotments, if any.
BrightSpring also has granted the underwriters in the Units offering an option to purchase, within a 13-day period beginning on, and including, the date of the initial issuance of the Units, up to an additional 1,200,000 Units to cover over-allotments, if any.

BrightSpring Health Services Announces Launch of its Initial Public Offering and Concurrent Offering of Tangible Equity Units

Retrieved on:

Wednesday, January 17, 2024

Other Health, Health, Practice Management, Nursing, Managed Care, Guggenheim Partners, Jefferies Group, Prospectus, BofA Securities, HSBC, Sale, UBS, Goldman Sachs, Exchange, Wells Fargo, Unit, Kohlberg Kravis Roberts

BrightSpring Health Services, Inc. (“BrightSpring” or “BrightSpring Health Services”) today announced the launch of its initial public offering of 53,333,334 shares of its common stock and its concurrent offering of 8,000,000 tangible equity units (“Units”), with a stated amount of $50.00 per Unit.

Key Points:

BrightSpring Health Services, Inc. (“BrightSpring” or “BrightSpring Health Services”) today announced the launch of its initial public offering of 53,333,334 shares of its common stock and its concurrent offering of 8,000,000 tangible equity units (“Units”), with a stated amount of $50.00 per Unit.
The initial public offering price for the common stock is expected to be between $15.00 and $18.00 per share.
The completion of the Units offering is conditioned upon the completion of the common stock offering, but the completion of the common stock offering is not conditioned upon the completion of the Units offering.
Each offering will be made only by means of a prospectus relating to such offering.

CENTERSPACE APPOINTS OLA OYINSAN HIXON TO BOARD OF TRUSTEES

Retrieved on:

Thursday, January 25, 2024

City Parks Foundation, UBS, Blackstone Inc., JBG Smith, ULI, Knowledge, Housing, Business, University, KKR, Trustee, Real estate, The, Invitation Homes, Ross School of Business, Kohlberg Kravis Roberts, Management

MINNEAPOLIS, Jan. 25, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today the appointment of Ola Oyinsan Hixon to its Board of Trustees on January 23, 2024.

Key Points:

MINNEAPOLIS, Jan. 25, 2024 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today the appointment of Ola Oyinsan Hixon to its Board of Trustees on January 23, 2024.
"We are very excited to welcome Ola as a Trustee," said Centerspace President and CEO Anne Olson.
In addition, Hixon serves as a board member of the non-profit City Parks Foundation, which transforms parks into vibrant community centers of urban life for all New Yorkers.
Her perspectives will further strengthen the expertise of our Board, and I'm excited for her contributions to our continued success," said Centerspace Board Chair John Schissel.

Superior Appoints Deven Petito to its Board of Directors

Retrieved on:

Thursday, January 11, 2024

Other Manufacturing, Aftermarket, Automotive, Engineering, Tires & Rubber, Automotive Manufacturing, General Automotive, Manufacturing, Princeton University, KKR, Morgan Stanley, MBA, AB, Kohlberg Kravis Roberts, Harvard Business School

Superior Industries International, Inc. (“Superior” or the “Company”) (NYSE:SUP) today announced the appointment of Deven Petito to its Board of Directors as an independent director, effective as of January 11, 2024.

Key Points:

Superior Industries International, Inc. (“Superior” or the “Company”) (NYSE:SUP) today announced the appointment of Deven Petito to its Board of Directors as an independent director, effective as of January 11, 2024.
With the addition of Mr. Petito, the Board will be comprised of nine directors, eight of whom are independent.
Tim McQuay, Chairman of the Board of Superior, commented, “We are pleased to welcome Deven to Superior’s Board of Directors.
Mr. Petito holds an AB in Economics from Princeton University and an MBA from Harvard Business School.