MDC | Jotup

Johnson Matthey signs agreement to sell its Medical Device Components business for US$700m

Retrieved on:

Wednesday, March 20, 2024

MDC, Montagu Private Equity, Share repurchase, Montagu, Sale, Policy, Johnson Matthey, Recycling

LONDON, March 20, 2024 /PRNewswire/ -- Johnson Matthey Plc (JM) announces that it has signed a definitive agreement to sell 100% of its Medical Device Components business (MDC) to Montagu Private Equity (Montagu) for cash consideration of US$700 million (£550 million) on a cash free debt free basis.

Key Points:

LONDON, March 20, 2024 /PRNewswire/ -- Johnson Matthey Plc (JM) announces that it has signed a definitive agreement to sell 100% of its Medical Device Components business (MDC) to Montagu Private Equity (Montagu) for cash consideration of US$700 million (£550 million) on a cash free debt free basis.
The MDC business produces components for medical device manufacturers globally with a focus on precious metal alloys and nitinol.
The business serves a global customer base and operates manufacturing sites in the USA (San Diego), Mexico (Mexicali), and Australia (Tullamarine).
As a JM business, MDC has delivered technological differentiation and good growth to the critical health sector.

SHAREHOLDER ALERT: Planned Mergers of M.D.C. Holdings, Agiliti Inc, Juniper Networks, and Kaman Corporation Under Investigation by Johnson Fistel

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Friday, March 8, 2024

KAMN, LLP, SAN, MDC, Kaman Corporation, Sale, Learning, JNPR

SAN DIEGO, March 08, 2024 (GLOBE NEWSWIRE) -- Stockholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of M.D.C. Holdings, Inc. (NYSE: MDC), Agiliti Inc. (NYSE: AGTI), Juniper Networks (NYSE: JNPR), and Kaman Corporation (NYSE: KAMN) breached their fiduciary duties in connection with the proposed sale of these companies.

Key Points:

SAN DIEGO, March 08, 2024 (GLOBE NEWSWIRE) -- Stockholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of M.D.C. Holdings, Inc. (NYSE: MDC), Agiliti Inc. (NYSE: AGTI), Juniper Networks (NYSE: JNPR), and Kaman Corporation (NYSE: KAMN) breached their fiduciary duties in connection with the proposed sale of these companies.
If you are a stockholder of these Companies and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker ( [email protected] ) at 619-814-4471.
If emailing, please include a phone number.
Additionally, you can click or copy and paste the following links for more information:

STOCKHOLDER INVESTIGATION: The M&A Class Action Firm Continues Investigating the Merger – BATL, MDC, KNTE, INBX

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Thursday, March 7, 2024

KNTE, Empire, Sale, MDC, Sekisui House, CVR, Security (finance)

NEW YORK, March 06, 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, March 06, 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, BATL shareholders are expected to receive $9.80 in cash per share they own.
Under the terms of the agreement, MDC shareholders are expected to receive $63.00 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?

STOCKHOLDER ALERT: Kaskela Law LLC Announces Investigation of M.D.C. Holdings, Inc. (NYSE: MDC) and Encourages Investors to Contact the Firm

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Tuesday, March 5, 2024

Acquisition, MDC

PHILADELPHIA, March 05, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating M.D.C. Holdings, Inc. (NYSE: MDC) (“MDC”) on behalf of the company’s shareholders.

Key Points:

PHILADELPHIA, March 05, 2024 (GLOBE NEWSWIRE) -- Kaskela Law LLC announces that it is investigating M.D.C. Holdings, Inc. (NYSE: MDC) (“MDC”) on behalf of the company’s shareholders.
MDC shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.
Kaskela Law LLC exclusively represents investors in securities fraud, corporate governance, and merger & acquisition litigation on a contingent basis.
For additional information about Kaskela Law LLC please visit www.kaskelalaw.com .

INVESTIGATION: The M&A Class Action Firm Continues Investigating the Merger – SCTL, MDC, BATL, AVRO

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Friday, March 1, 2024

Empire, Society, Sale, CDMO, MDC, Sekisui House, AVRO, Security (finance)

Under the terms of the agreement, SCTL shareholders are expected to receive $1.10 in cash per share they own.

Key Points:

Under the terms of the agreement, SCTL shareholders are expected to receive $1.10 in cash per share they own.
Under the terms of the agreement, MDC shareholders are expected to receive $63.00 in cash per share they own.
Under the terms of the agreement, AVRO shareholders are expected to own approximately 22.3% of the combined company.
Before you hire a law firm, you should talk to a lawyer and ask:
Do you recover money for shareholders?

Huge Names Chidi Achara New Chief Product Officer

Retrieved on:

Thursday, February 22, 2024

In her first major action as CEO, Lisa De Bonis revealed that Chidi Achara will join Huge as Chief Product Officer, and Matt Weiss will be appointed Chief Brand Officer.

Key Points:

In her first major action as CEO, Lisa De Bonis revealed that Chidi Achara will join Huge as Chief Product Officer, and Matt Weiss will be appointed Chief Brand Officer.
“With Chidi and Matt on our team, I believe we can now accelerate delivering unique and innovative solutions for our clients.”
Achara brings a depth of product experience to Huge.
As Chief Product Officer, Achara’s mission is to scale collaboration across product innovation, design and engineering, and integrate AI technologies to accelerate growth for clients.
“Huge has built a business that’s proven to be as innovative as it is durable in an ever-changing market,” said Achara.

Insulet Reports Full Year 2023 Revenue Increase of 30% (30% Constant Currency1) and Fourth Quarter 2023 Revenue Increase of 38% Year-Over-Year (37% Constant Currency)

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Thursday, February 22, 2024

Medical Devices, Health, Diabetes, Manufacturing, Health Technology, Other Manufacturing, ERP, Pharmacy, Developed country, Investment, Adjustment, MDC, Therapy, Automated insulin delivery system, Eastern Time Zone, Corporation, Prescription, Security (finance)

Adjusted gross margin1 of 70.7%, up 620 basis points, excludes income of $0.9 million associated with the voluntary MDC notices issued in 2022.

Key Points:

Adjusted gross margin1 of 70.7%, up 620 basis points, excludes income of $0.9 million associated with the voluntary MDC notices issued in 2022.
Revenue growth ranges by product line are:
For the quarter ending March 31, 2024, the Company expects revenue growth of 17% to 20%.
Insulet will host a conference call at 4:30 p.m. (Eastern Time) on February 22, 2024 to discuss the financial results and outlook.
The live call may also be accessed by dialing (888) 770-7129 for domestic callers or (929) 203-2109 for international callers, passcode 5904836.

Rittal Announces Colocation Rack Initiative to Meet the Growing Demand for Colocation Market

Retrieved on:

Friday, March 1, 2024

Marketing, Rittal, MDC, TS, Micro data center

SCHAUMBURG, Ill., March 1, 2024 /PRNewswire/ -- Rittal LLC, a leader in providing infrastructure solutions for IT applications, launches its new line of enclosures designed for the colocation market.

Key Points:

SCHAUMBURG, Ill., March 1, 2024 /PRNewswire/ -- Rittal LLC, a leader in providing infrastructure solutions for IT applications, launches its new line of enclosures designed for the colocation market.
Developed based on key feedback, the new initiative will accelerate and grow the success of all parties involved in the colocation market with comprehensive education, sales support, and marketing resources.
Cassiano Fabris, Vice President of Global Key Accounts for Rittal, stated how the colocation market is evolving, saying, "The colocation market is continuously growing at impressive speeds.
The TS IT Colo ensures that data centers not only meet the requirements of colocation operators, but also cover the essential needs of the market and remain fit for the future.

Richmond American Announces Grand Opening in Fredericksburg

Retrieved on:

Wednesday, February 14, 2024

MDC

FREDERICKSBURG, Va., Feb. 14, 2024 /PRNewswire/ -- Richmond American Homes of Virginia, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is excited to announce the debut of the highly anticipated Presley model home at White Oak Reserve (RichmondAmerican.com/WhiteOak) in Fredericksburg. This impressive neighborhood showcases an array of ranch and two-story homes, each with a versatile floor plan and designer details.

Key Points:

FREDERICKSBURG, Va., Feb. 14, 2024 /PRNewswire/ -- Richmond American Homes of Virginia, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is excited to announce the debut of the highly anticipated Presley model home at White Oak Reserve ( RichmondAmerican.com/WhiteOak ) in Fredericksburg.
This impressive neighborhood showcases an array of ranch and two-story homes, each with a versatile floor plan and designer details.
Prospective homebuyers and area agents are encouraged to tour the stunning Presley model at White Oak Reserve from 10 a.m. to 5 p.m. on Saturday, February 17.
Attendees can also enjoy complimentary refreshments and learn about special grand opening offers.

SHAREHOLDER ALERT: Planned Mergers of M.D.C. Holdings, Rover Group, Juniper Networks, and Kaman Corporation Under Investigation by Johnson Fistel

Retrieved on:

Tuesday, February 13, 2024

KAMN, LLP, Learning, MDC, Kaman Corporation, Sale, Rover Group, JNPR

Stockholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of M.D.C. Holdings, Inc. (NYSE: MDC), Rover Group, Inc. (NASDAQ: ROVR), Juniper Networks (NYSE: JNPR), and Kaman Corporation (NYSE: KAMN) breached their fiduciary duties in connection with the proposed sale of these companies.

Key Points:

Stockholder rights law firm Johnson Fistel, LLP has launched an investigation into whether the board members of M.D.C. Holdings, Inc. (NYSE: MDC), Rover Group, Inc. (NASDAQ: ROVR), Juniper Networks (NYSE: JNPR), and Kaman Corporation (NYSE: KAMN) breached their fiduciary duties in connection with the proposed sale of these companies.
If you are a stockholder of these Companies and believe the proposed buyout price is too low or you're interested in learning more about the investigation, please contact lead analyst Jim Baker ( [email protected] ) at 619-814-4471.
If emailing, please include a phone number.
Additionally, you can click or copy and paste the following links for more information: