Divestment

Lumen Announces Early Tender Results

Retrieved on: 
Saturday, August 6, 2022 - 2:11am

(4) Includes the Maximum Tender Early Tender Premium (as defined in the Offer to Purchase and Solicitation Statement) for Notes validly tendered prior to the Early Tender Date (and not validly withdrawn) and accepted for purchase by the applicable offeror.

Key Points: 
  • (4) Includes the Maximum Tender Early Tender Premium (as defined in the Offer to Purchase and Solicitation Statement) for Notes validly tendered prior to the Early Tender Date (and not validly withdrawn) and accepted for purchase by the applicable offeror.
  • (5) As further described in the Offer to Purchase and Solicitation Statement, the Lumen Notes are also subject to the Series Tender Cap of $350,000,000.
  • Because the aggregate principal amount of Maximum Tender Notes validly tendered (and not validly withdrawn) at or prior to the Early Tender Date did not exceed the Aggregate Maximum Tender Amount or the Series Tender Cap, the applicable offeror intends to purchase all of the Maximum Tender Notes validly tendered (and not validly withdrawn) at or prior to the Early Tender Date on the terms described below.
  • Lumen and Lumen Technologies are registered trademarks of Lumen Technologies LLC in the United States.

Shell plc publishes second quarter 2022 press release

Retrieved on: 
Thursday, July 28, 2022 - 7:02am

The companies in which Shell plc directly and indirectly owns investments are separate legal entities.

Key Points: 
  • The companies in which Shell plc directly and indirectly owns investments are separate legal entities.
  • In this announcement Shell, Shell Group and Group are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general.
  • Subsidiaries, Shell subsidiaries and Shell companies as used in this announcement refer to entities over which Shell plc either directly or indirectly has control.
  • The information in this announcement does not constitute the unaudited condensed consolidated financial statements which are contained in Shells second quarter 2022 and half year unaudited results available on www.shell.com/investors.

Rogers, Shaw and Quebecor Announce Agreement for Sale of Freedom Mobile

Retrieved on: 
Saturday, June 18, 2022 - 3:25am

TORONTO and CALGARY, Alberta and MONTREAL, June 17, 2022 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (“Rogers”), Shaw Communications Inc. (“Shaw”) and Quebecor Inc. (“Quebecor”) today announced an agreement (the “Divestiture Agreement”) for the sale of Freedom Mobile Inc. (“Freedom”) to Quebecor, subject to regulatory approval (the “Freedom Transaction”). The Freedom Transaction will ensure the presence of a strong and sustainable fourth wireless carrier across Canada. The parties strongly believe the agreement effectively addresses the concerns raised by the Commissioner of Competition and the Minister of Innovation, Science and Industry regarding viable and sustainable wireless competition in Canada.

Key Points: 
  • Quebecor brings an undeniable operational and competitive track record, as well as significant financial resources
    TORONTO and CALGARY, Alberta and MONTREAL, June 17, 2022 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (Rogers), Shaw Communications Inc. (Shaw) and Quebecor Inc. (Quebecor) today announced an agreement (the Divestiture Agreement) for the sale of Freedom Mobile Inc. (Freedom) to Quebecor, subject to regulatory approval (the Freedom Transaction).
  • The Divestiture Agreement provides for the sale of all of Freedom branded wireless and Internet customers as well as all of Freedoms infrastructure, spectrum and retail locations.
  • Our agreement with Quebecor to divest Freedom is a critical step towards completing our proposed merger with Shaw.
  • Mr. Pladeau added that Quebecor and Rogers have always had a strong relationship.This trilateral agreement with Shaw is yet another example.

Rogers, Shaw and Quebecor Announce Agreement for Sale of Freedom Mobile

Retrieved on: 
Saturday, June 18, 2022 - 3:25am

TORONTO and CALGARY, Alberta and MONTREAL, June 17, 2022 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (“Rogers”), Shaw Communications Inc. (“Shaw”) and Quebecor Inc. (“Quebecor”) today announced an agreement (the “Divestiture Agreement”) for the sale of Freedom Mobile Inc. (“Freedom”) to Quebecor, subject to regulatory approval (the “Freedom Transaction”). The Freedom Transaction will ensure the presence of a strong and sustainable fourth wireless carrier across Canada. The parties strongly believe the agreement effectively addresses the concerns raised by the Commissioner of Competition and the Minister of Innovation, Science and Industry regarding viable and sustainable wireless competition in Canada.

Key Points: 
  • Quebecor brings an undeniable operational and competitive track record, as well as significant financial resources
    TORONTO and CALGARY, Alberta and MONTREAL, June 17, 2022 (GLOBE NEWSWIRE) -- Rogers Communications Inc. (Rogers), Shaw Communications Inc. (Shaw) and Quebecor Inc. (Quebecor) today announced an agreement (the Divestiture Agreement) for the sale of Freedom Mobile Inc. (Freedom) to Quebecor, subject to regulatory approval (the Freedom Transaction).
  • The Divestiture Agreement provides for the sale of all of Freedom branded wireless and Internet customers as well as all of Freedoms infrastructure, spectrum and retail locations.
  • Our agreement with Quebecor to divest Freedom is a critical step towards completing our proposed merger with Shaw.
  • Mr. Pladeau added that Quebecor and Rogers have always had a strong relationship.This trilateral agreement with Shaw is yet another example.

Terminix Moves a Step Closer to Completing the Rentokil Merger, Announces Agreement to Divest U.K. and Norway Businesses

Retrieved on: 
Monday, May 9, 2022 - 12:53pm

These businesses are being divested by Terminix as a condition to the closing of its pending merger with Rentokil Initial plc.

Key Points: 
  • These businesses are being divested by Terminix as a condition to the closing of its pending merger with Rentokil Initial plc.
  • Terminix expects to record a loss on the sale of these assets in the period ending June 30, 2022.
  • I want to thank the Norway and United Kingdom teams for their dedication and commitment to our Company and customers while at Terminix, said Terminix CEO Brett Ponton.
  • Both businesses are well positioned in attractive pest control markets for continued growth and margin expansion under experienced new ownership.

Shell plc publishes first quarter 2022 press release

Retrieved on: 
Thursday, May 5, 2022 - 7:01am

The companies in which Shell plc directly and indirectly owns investments are separate legal entities.

Key Points: 
  • The companies in which Shell plc directly and indirectly owns investments are separate legal entities.
  • In this announcement Shell, Shell Group and Group are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general.
  • Subsidiaries, Shell subsidiaries and Shell companies as used in this announcement refer to entities over which Shell plc either directly or indirectly has control.
  • The information in this announcement does not constitute the unaudited condensed consolidated financial statements which are contained in Shells first quarter 2022 unaudited results available on www.shell.com/investors.

DGAP-News: exceet Group SCA: Financial Results 2021 (Annual Report)

Retrieved on: 
Friday, March 18, 2022 - 9:05pm

The financial result includes interests received and interests paid for deposits and FX-differences mainly caused by CHF/EUR.

Key Points: 
  • The financial result includes interests received and interests paid for deposits and FX-differences mainly caused by CHF/EUR.
  • As of 31 December 2021, the total assets of exceet Group amounted to EUR 122.5 million, compared to EUR 57.2 million as of 31 December 2020.
  • As of 31 December 2021, exceet Group's equity amounted to EUR 118.2 million, against EUR 40.6 million as of 31 December 2020.
  • For these companies exceet Group plans running costs of about EUR 1.5 million in 2022.

DuPont to Participate at the J.P. Morgan 2022 Industrials Conference, Provides Supplemental 2022 Modeling Guidance

Retrieved on: 
Wednesday, March 16, 2022 - 9:15pm

Accordingly, we have provided supplemental information on the Investor Relations webpage related to our new reporting structure, along with the estimated impact of reclassifying the Divested M&M businesses to discontinued operations on our 2022 guidance issued on February 8, 2022.

Key Points: 
  • Accordingly, we have provided supplemental information on the Investor Relations webpage related to our new reporting structure, along with the estimated impact of reclassifying the Divested M&M businesses to discontinued operations on our 2022 guidance issued on February 8, 2022.
  • DuPont (NYSE: DD) is a global innovation leader with technology-based materials and solutions that help transform industries and everyday life.
  • Closing is expected around the end of 2022, subject to regulatory approvals and customary closing conditions.
  • The Company also announced on February 18, 2022 that its Board of Directors has approved the divestiture of the Delrin acetal homopolymer (H-POM) business.

Shell plc publishes fourth quarter 2021 press release

Retrieved on: 
Thursday, February 3, 2022 - 7:01am

The companies in which Shell plc directly and indirectly owns investments are separate legal entities.

Key Points: 
  • The companies in which Shell plc directly and indirectly owns investments are separate legal entities.
  • In this announcement Shell, Shell Group and Group are sometimes used for convenience where references are made to Shell plc and its subsidiaries in general.
  • Subsidiaries, Shell subsidiaries and Shell companies as used in this presentation refer to entities over which Shell plc either directly or indirectly has control.
  • The information in this announcement does not constitute the unaudited condensed consolidated financial statements which are contained in Shells fourth quarter 2021 and full year unaudited results available on www.shell.com/investors.

Royal Dutch Shell plc publishes third quarter 2021 press release

Retrieved on: 
Thursday, October 28, 2021 - 7:02am

Royal Dutch Shell plcs management uses these financial measures, along with the most directly comparable GAAP financial measures, in evaluating the business performance.

Key Points: 
  • Royal Dutch Shell plcs management uses these financial measures, along with the most directly comparable GAAP financial measures, in evaluating the business performance.
  • The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities.
  • In this announcement Shell, Shell Group and Group are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general.
  • Subsidiaries, Shell subsidiaries and Shell companies as used in this announcement refer to entities over which Royal Dutch Shell plc either directly or indirectly has control.