Purchasing

VEOLIA ENVIRONNEMENT ANNOUNCES THE RESULTS OF THE PREVIOUSLY ANNOUNCED TENDER OFFER OF ANY AND ALL OF ITS 6.750% NOTES DUE 2038

Retrieved on: 
Monday, November 21, 2022

2038 Notes purchased by the Company pursuant to the Tender Offer will be cancelled and will not be re-issued or resold.

Key Points: 
  • 2038 Notes purchased by the Company pursuant to the Tender Offer will be cancelled and will not be re-issued or resold.
  • 2038 Notes which have not been validly tendered and accepted for purchase pursuant to the Tender Offer will remain outstanding after the Settlement Date.
  • This press release is neither an offer to purchase nor a solicitation to tender any of these 2038 Notes nor is it a solicitation for acceptance of the Tender Offer.
  • The Company is making the Tender Offer only by, and pursuant to the terms of, the Offer to Purchase.

Ivalua Supports the Digitalization of Tchibo's Indirect Purchasing Process with its Source-to-Contract Solution

Retrieved on: 
Monday, November 14, 2022

Founded in 1949, the company today has a turnover of 3.2 billion and employs around 10,000 people.

Key Points: 
  • Founded in 1949, the company today has a turnover of 3.2 billion and employs around 10,000 people.
  • In addition to a strong, national business focus, the company is active in Austria, Switzerland, Poland, Hungary, Romania, the Czech Republic, and Turkey.
  • Tchibo was looking for a reliable solution to digitally transform its S2C purchasing processes of indirect goods and services.
  • We are trusted by hundreds of the world's most admired brands and recognized as a leader by Gartner and other analysts.

The Pershing Square Funds Have Extended Their Tender Offer and Increased the Price Range for up to 6,340,000 Common Shares of The Howard Hughes Corporation

Retrieved on: 
Friday, November 11, 2022

The Purchasers have stated that the newly increased price range represents the Purchasers best and final offer.

Key Points: 
  • The Purchasers have stated that the newly increased price range represents the Purchasers best and final offer.
  • The $70.00 high-end of the price range represents a 28% premium above the closing price of the Common Shares on October 13, 2022, the last trading day prior to the announcement of the Offer.
  • Any extension of the Offer will be announced publicly on the first business day after the Expiration Date.
  • About Pershing Square Capital Management, L.P.
    Pershing Square Capital Management, L.P., based in New York City, is a SEC-registered investment advisor to investment funds.

AGF Management Limited Announces Preliminary Results of Substantial Issuer Bid

Retrieved on: 
Wednesday, November 9, 2022

After giving effect to the Offer, AGF expects to have 57,600 Class A voting common shares and 64,616,189 Class B Non-Voting Shares issued and outstanding.

Key Points: 
  • After giving effect to the Offer, AGF expects to have 57,600 Class A voting common shares and 64,616,189 Class B Non-Voting Shares issued and outstanding.
  • Upon take up and payment of the Class B Non-Voting Shares purchased, AGF will release the final results of the Offer.
  • Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm delivering excellence in investing in the public and private markets through its three distinct business lines: AGF Investments, AGF Private Capital and AGF Private Wealth.
  • With approximately $40 billion in total assets under management and fee-earning assets, AGF serves more than 800,000 investors.

Supply bottlenecks and price pressures in euro area goods trade and tourism

Retrieved on: 
Friday, November 11, 2022

This box provides an assessment of recent trends in goods trade and the tourism sector in the euro area based on the Purchasing Managers Indices (PMIs).

Key Points: 
  • This box provides an assessment of recent trends in goods trade and the tourism sector in the euro area based on the Purchasing Managers Indices (PMIs).
  • Regarding goods trade, our analysis shows that bottlenecks in the supply chain have historically preceded upward pressures on import prices, especially for intermediate goods.
  • These pressures are now slowly easing as export demand weakens and supply chains adjust.
  • [1] Upward pressures on input prices associated with supply-side bottlenecks seemingly diminished in mid-2022 but remain elevated.
  • Euro area manufacturing sector PMI
    (diffusion index and turning points)

    Sources: S&P Global and ECB staff calculations.

  • Note that the complement is constructed as a 100-diffusion index; a higher value of complement means tighter supply bottlenecks.
  • However, the high level of the PMI input price indicator for September 2022 and the continued weakness of the euro suggest that price pressures in manufacturing will remain high.
  • Among the exporting sectors most affected by supply bottlenecks were the computer and electronical equipment sector and the machinery sector.
  • The very recent easing of bottlenecks has been accompanied by weaker demand for durable goods, a moderation in demand for technological goods and an improvement in the supply of traded goods.
  • Energy is one of the factors driving movements in input prices in the tourism and recreation sector.
  • [7] Labour cost developments in this sector are less synchronised with the evolution of the PMI tourism and recreation input prices.

Veolia Environnement Launches Cash Tender Offer to Purchase Any and All of its 6.750% Notes due 2038

Retrieved on: 
Thursday, November 10, 2022

The Tender Offer is not contingent upon the tender of any minimum principal amount of 2038 Notes.

Key Points: 
  • The Tender Offer is not contingent upon the tender of any minimum principal amount of 2038 Notes.
  • The Offer to Purchase is expected to be distributed to holders of 2038 Notes beginning today.
  • This press release is neither an offer to purchase nor a solicitation to tender any of these 2038 Notes nor is it a solicitation for acceptance of the Tender Offer.
  • The Company is making the Tender Offer only by, and pursuant to the terms of, the Offer to Purchase.

iSun Inc. Secures $25 million Debt Facility

Retrieved on: 
Tuesday, November 8, 2022

iSun, Inc. (NASDAQ: ISUN) (the "Company," or "iSun"), a leading solar energy and clean mobility infrastructure company with 50-years of experience accelerating the adoption of innovative electrical technologies, announces that it has entered into a debt financing agreement for up to $25 million in Senior Secured Convertible Notes facility (the Notes) with a single institutional investor (the Lender).

Key Points: 
  • iSun, Inc. (NASDAQ: ISUN) (the "Company," or "iSun"), a leading solar energy and clean mobility infrastructure company with 50-years of experience accelerating the adoption of innovative electrical technologies, announces that it has entered into a debt financing agreement for up to $25 million in Senior Secured Convertible Notes facility (the Notes) with a single institutional investor (the Lender).
  • We continue to see significant interest and enthusiasm for the products and services that iSun provides to our growing customer base said Jeffrey Peck, Chairman and Chief Executive Officer of iSun.
  • This debt facility validates our commitment to accelerating the transition to clean energy as we continue our fight against climate change while providing an opportunity to strengthen our balance sheet.
  • A.G.P./Alliance Global Partners acted as sole placement agent for the financing, and Merritt & Merritt acted as the Companys legal counsel.

Atlis Motor Vehicles, Inc. Closes Initial $10.0 Million Tranche of $30.0 Million Private Placement

Retrieved on: 
Friday, November 4, 2022

MESA, Ariz., Nov. 04, 2022 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles, Inc. (NASDAQ: AMV) (Atlis or the Company) today announced the closing of the initial $10.0 million tranche of a total anticipated $30.0 million private placement with institutional investors.

Key Points: 
  • MESA, Ariz., Nov. 04, 2022 (GLOBE NEWSWIRE) -- Atlis Motor Vehicles, Inc. (NASDAQ: AMV) (Atlis or the Company) today announced the closing of the initial $10.0 million tranche of a total anticipated $30.0 million private placement with institutional investors.
  • In addition, the institutional investors have the option of prepayment of up to 20% of the issuance amount of a subsequent financing.
  • Maxim Group LLC acted as the exclusive placement agent for the private placement.
  • These and other factors could cause our actual results to differ materially from those contained in any forward-looking statements.

Specialty Networks Acquires Gastrologix, a Gastroenterology (GI) Group Purchasing Organization (GPO)

Retrieved on: 
Friday, November 4, 2022

CLEVELAND, Nov. 4, 2022 /PRNewswire/ -- Specialty Networks, LLC, a portfolio company of Linden Capital Partners, announced today the acquisition of Gastrologix, LLC. Founded in 2017, Gastrologix is a GI-specific GPO with more than 470 independent physician practice locations and 2,300 providers in its network.

Key Points: 
  • CLEVELAND, Nov. 4, 2022 /PRNewswire/ -- Specialty Networks, LLC, a portfolio company of Linden Capital Partners, announced today the acquisition of Gastrologix, LLC.
  • "Our shared mission to help improve patient care by strengthening independent GI practices makes this acquisition a great fit for Specialty Networks," said David Coury, Executive Chairman of Specialty Networks.
  • Specialty Networks drives clinical and economic value for independent specialty physician practices through technology and technology-enabled solutions, which Gastrologix members and industry partners will now have access to.
  • Specialty Networks ("SN") is an integrated, multi-specialty platform with GPOs (Group Purchasing Organizations), Life Sciences, and Research solutions in gastroenterology, urology, and rheumatology.

Astra Executes Definitive Agreement to Acquire SQM's Remaining 20% Interest in the Pampa Paciencia Gold Project in Northern Chile

Retrieved on: 
Thursday, November 3, 2022

Astra Exploration Inc. currently owns the remaining 80% interest in the Pampa Paciencia Property.

Key Points: 
  • Astra Exploration Inc. currently owns the remaining 80% interest in the Pampa Paciencia Property.
  • CEO Brian Miller Commented: "The strategic expansion and acquisition of SQM's remaining 20% stake in the Pampa Paciencia project is an extremely positive development for Astra Exploration.
  • Acquiring the remaining 20% interest enables Astra to control 100% of critical prospective ground and expands our strategic foothold in this emerging epithermal district of Northern Chile.
  • The closing of the transaction contemplated by the Purchase Agreement remains subject to approval of the TSX Venture Exchange.