UBS

EQS-News: DOUGLAS Group plans Initial Public Offering (IPO) on Frankfurt Stock Exchange

Retrieved on: 
Wednesday, March 13, 2024
Jefferies, Senior, Supervisory board, Deutsche Bank, Note, LFL, Growth, Bloom, UBS, ESG, CVC Capital Partners, IPO, Net income, UniCredit, LBBW, Banca Intesa, Economics, Goldman Sachs, Regulated market, RBI, Citigroup, Frankfurt Stock Exchange, BNP Paribas, PIK

DOUGLAS Group, Europe’s number one omnichannel premium beauty destination, plans a public listing on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange

Key Points: 
  • DOUGLAS Group, Europe’s number one omnichannel premium beauty destination, plans a public listing on the Regulated Market (Prime Standard) of the Frankfurt Stock Exchange
    IPO would accelerate the debt reduction and decrease the interest expenses of the company, thus enlarging the financial flexibility of the DOUGLAS Group and its further value creation
    Sander van der Laan, CEO DOUGLAS Group: “The DOUGLAS Group is ideally positioned to further capitalize on the large and resilient European premium beauty market.
  • The offering would comprise a public offering to individual and institutional investors in Germany as well as international private placements.
  • Following the completion of the IPO, CVC Capital Partners will continue to hold an indirect majority interest in DOUGLAS Group.
  • In the mid-term, the DOUGLAS Group has the ambition to grow group sales (net) at a CAGR of around 7%.

China Hongqiao (01378.HK) Profits Surge, New Offshore Bond Issuance Expected

Retrieved on: 
Wednesday, March 13, 2024
Well, RMB, China Hongqiao Group, Hongqiao, USD, Schroders, Investment, Aluminium, News, Growth, UBS, Communication, Fed, History, Policy, Statistics, Finance

China Hongqiao (01378.HK) Profits Surge, New Offshore Bond Issuance Expected

Key Points: 
  • China Hongqiao (01378.HK) Profits Surge, New Offshore Bond Issuance Expected
    In 2023, China's aluminum industry has witnessed significant growth, fueled by the gradual recovery of the real estate sector and the rapid expansion of the renewable energy industry.
  • The widening gap between supply and demand for electrolytic aluminum led to a rise in aluminum prices, subsequently boosting profits and profitability for China Hongqiao Group Limited(referred to as "China Hongqiao").
  • Therefore, to fulfill investors' demand for high-quality Chinese offshore assets, investment institutions are actively seeking ongoing issuance of offshore debt by China Hongqiao.
  • Currently, China Hongqiao has only two outstanding USD bonds: namely HONGQI 6.25 06/08/24 (senior bond) and HONGQI 5.25 01/25/26 (convertible bond).

Over 70 Hopeful Startups Primed for Hong Kong Mega Event of EPiC 2024 Grand Finale

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Wednesday, March 13, 2024
Schneider Electric, Property technology, Growth, Commercial, ICC, Hewlett Packard Enterprise, Corporation, BNP Paribas, Jebsen Group, Ecosystem, HKT, Investment, XR, CVF, Chinachem, Henderson Land Development, HKR International, Partnership, Digital, Ingram Micro, Fintech, Task force, UBS, Epic, GBA, Limited, Silicon, New World Development, Grand Finale, International Commerce Centre, HKX, Partner (business rank), Kowloon Motor Bus, HSBC, Management

This year, HKSTP has handpicked a star judging panel of leading figures from the Hong Kong innovation scene to determine the winners at EPiC 2024.

Key Points: 
  • This year, HKSTP has handpicked a star judging panel of leading figures from the Hong Kong innovation scene to determine the winners at EPiC 2024.
  • The current Grand Finale final judges include:
    Ar Donald Choi, JP, Executive Director & Chief Executive Officer, Chinachem Group;
    Jonathan Chiu, Hong Kong President, Schneider Electric (Hong Kong) Limited.
  • Photo 1: HKSTP successfully completed regional Elevator Pitch Competition 2024 (EPiC) Hong Kong Semi-final on 29 February 2024, with 12 of the Hong Kong's brightest innovators selected to participate in EPiC 2024 Grand Finale on 26 April 2024.
  • Photo 2: HKSTP successfully completed regional Elevator Pitch Competition 2024 (EPiC) Stuttgart Semi-final on 4-5 March 2024, with 20 of the European brightest innovators selected to participate in EPiC 2024 Grand Finale on 26 April 2024.

EQS-News: DOUGLAS Group sets price range for its IPO

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Wednesday, March 13, 2024
CFO, Jefferies, Supervisory board, Deutsche Bank, Competition Commission, FMCG, GfK, Investment, Research, Management, Growth, Johnson & Johnson, Primary shares, UBS, Sale, Calendar, Beauty, Frankfurt Stock Exchange, IPO, CVC Capital Partners, Federal Financial Supervisory Authority, LBBW, Organization, Economics, Goldman Sachs, RBI, Citigroup, CVC, BNP Paribas, UniCredit, Intesa Sanpaolo, Security (finance)

The price range implies a total market capitalization of between 2.8 billion euro and 3.1 billion euro.

Key Points: 
  • The price range implies a total market capitalization of between 2.8 billion euro and 3.1 billion euro.
  • The German Federal Financial Supervisory Authority (BaFin) approved the securities prospectus for the public offer in Germany and listing of DOUGLAS today.
  • With our strong business model and successful growth strategy, the DOUGLAS Group is optimally positioned in a very attractive market.
  • Through Management Equity Programs, the members of the Executive Board as well as current and former managers of the DOUGLAS Group have indirectly invested in the company.

Julius Baer Group nominates Bruce Fletcher and Andrea Sambo for election to the Board of Directors

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Wednesday, March 13, 2024
Risk management, Record, UBS, Banca Commerciale Italiana, Risk, NatWest Group, Morgan Stanley, International Association, CVS, Citigroup, HSBC, Commodity

Zurich, 11 March 2024 – The Board of Directors of Julius Baer Group Ltd. will propose Bruce Fletcher and Andrea Sambo for election as new independent members of the Board of Directors at the Group’s Annual General Meeting on 11 April 2024.

Key Points: 
  • Zurich, 11 March 2024 – The Board of Directors of Julius Baer Group Ltd. will propose Bruce Fletcher and Andrea Sambo for election as new independent members of the Board of Directors at the Group’s Annual General Meeting on 11 April 2024.
  • Bruce Fletcher is a British and American citizen whose career in the financial industry spans four decades and encompasses extensive risk management and executive experience.
  • From 2018 to 2023, he was Chief Risk Officer of NatWest Group, a leading UK banking organisation, active in private banking, retail, and commercial banking.
  • Upon election, it is envisaged that Bruce Fletcher will take over as Chair of the Governance and Risk Committee.”

China Hongqiao (01378.HK) boosts cash flow, market awaits new offshore bond issue

Retrieved on: 
Friday, March 1, 2024
Well, RMB, China Hongqiao Group, USD, Schroders, Investment, Aluminium, News, Growth, UBS, Communication, Fed, Policy

Therefore, to meet investors' demand for high-quality Chinese offshore assets, investment institutions seek continued issuance of offshore debt by China Hongqiao.

Key Points: 
  • Therefore, to meet investors' demand for high-quality Chinese offshore assets, investment institutions seek continued issuance of offshore debt by China Hongqiao.
  • Currently, China Hongqiao has only two outstanding USD bonds: HONGQI 6.25 06/08/24 (senior bond) and HONGQI 5.25 01/25/26 (convertible bond).
  • With the maturity of HONGQI 6.25 06/08/24, market uncertainties arise regarding whether China Hongqiao will issue offshore bonds again.
  • However, given the current market environment and policy changes, the market is concerned about whether it will issue offshore bonds again.

John Cosenza Joins Guggenheim Securities as Senior Advisor

Retrieved on: 
Monday, March 11, 2024
College, Deutsche Bank, Algorithmic, UBS, Senior advisor, Goldman Sachs, Electronics, Guggenheim Partners, Head

NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) -- Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that John Cosenza has joined the firm as a Senior Advisor.

Key Points: 
  • NEW YORK, March 11, 2024 (GLOBE NEWSWIRE) -- Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that John Cosenza has joined the firm as a Senior Advisor.
  • Mr. Cosenza will help drive the continued development of Guggenheim’s electronic trading business.
  • Mr. Cosenza joins Guggenheim with approximately 25 years of trading experience, having most recently served as Head of Americas Electronic Trading and Global Co-Head of Electronic Product, Research & Development, at Goldman Sachs.
  • "We are excited to welcome John to Guggenheim,” said Stefano Natella, Head of Equities at Guggenheim Securities.

At the Yacht Club de Monaco the 40th edition of the Primo Cup celebrates four sailing categories

Retrieved on: 
Monday, March 11, 2024
Name, YCM, Yacht club, HSH, UBS, Pleasure, The Explorers Club, Casino

MONACO, March 11, 2024 (GLOBE NEWSWIRE) -- The 40th edition of the Primo Cup-Trophée UBS, the first major international event held under the presidency of HSH Prince Albert II of Monaco, comes to an end at the Yacht Club de Monaco.

Key Points: 
  • MONACO, March 11, 2024 (GLOBE NEWSWIRE) -- The 40th edition of the Primo Cup-Trophée UBS, the first major international event held under the presidency of HSH Prince Albert II of Monaco, comes to an end at the Yacht Club de Monaco.
  • This anniversary edition has attracted 90 teams totalling 400 sailors divided across the J/70, Smeralda 888, Longtze Premier and Cape 31 classes.
  • Primo Cup is one of the most important regattas organised by this Club so I’m very proud of our result.
  • We won in 2021 and now we won again so we’re looking forward to the next one,” says di Lapigio.

Sailing: at the Yacht Club de Monaco everything’s ready for the 40th Primo Cup

Retrieved on: 
Friday, March 8, 2024
YCM, Monégasque, 2024 America's Cup, Record, UBS, Pleasure, Cape 31, Primo, JOD, Education minister, Capital, Partnership, Tourism

Everything’s ready for the 40th Primo Cup-Trophée UBS taking place in the Principality of Monaco this weekend.

Key Points: 
  • Everything’s ready for the 40th Primo Cup-Trophée UBS taking place in the Principality of Monaco this weekend.
  • The more than 30-year partnership with technical clothing supplier Slam, alongside UBS, and support from Monaco’s City Council, has contributed to its quality and prestige.
  • The Primo Cup-Trophée UBS has often been the perfect opportunity to discover new classes like the SB 20, JOD 35 and the feisty Longtze Premier.
  • “As part of our ‘Monaco, Capital of Advanced Yachting’ approach, the Primo Cup-Trophée UBS has embodied tradition and excellence in the one design world for four decades.

Nayax Announces Pricing of Public Offering

Retrieved on: 
Friday, March 8, 2024
Nayax, Attention, Prospectus, Sale, Keefe, Bruyette & Woods, UBS, Barclays, Oppenheimer Holdings

HERZLIYA, Israel, March 07, 2024 (GLOBE NEWSWIRE) -- Nayax Ltd. (NASDAQ: NYAX, “Nayax”), a global commerce enablement, payments and loyalty platform designed to help merchants scale their business, announced today the pricing of an underwritten public offering of 3,130,435 of its ordinary shares at a public offering price of $26.00 per share.

Key Points: 
  • HERZLIYA, Israel, March 07, 2024 (GLOBE NEWSWIRE) -- Nayax Ltd. (NASDAQ: NYAX, “Nayax”), a global commerce enablement, payments and loyalty platform designed to help merchants scale their business, announced today the pricing of an underwritten public offering of 3,130,435 of its ordinary shares at a public offering price of $26.00 per share.
  • In addition, Nayax has granted the underwriters a 30-day option to purchase up to 469,565 additional ordinary shares at the public offering price, less underwriting discounts and commissions.
  • Nayax will not receive any proceeds from the sale of shares by the selling shareholders.
  • The offering is expected to close on March 12, 2024, subject to the satisfaction of customary closing conditions.