Linklaters

Endeavour Announces Completion of Investigation and Key Findings

Retrieved on: 
Wednesday, March 27, 2024
Remuneration, Linklaters, Documentation, Ernst & Young, Finance, Risk, Sale, LLP, Interview, Record, Nature, Allied Gold, Investigation, MAR, Bank statement, TSX, OTCQX, M&A, Audit committee, Person, Cryptocurrency

Mr de Montessus provided implausible and untrue explanations of his conduct during the course of the Investigation.

Key Points: 
  • Mr de Montessus provided implausible and untrue explanations of his conduct during the course of the Investigation.
  • Srinivasan Venkatakrishnan (“Venkat”), Chairman of Endeavour, commented: “The Board’s actions illustrate the high importance we place on integrity, governance and transparency.
  • Prior to the conclusion of the investigation work, Mr de Montessus was interviewed for a second time in late February.
  • Despite extensive efforts, the Investigation was not able to establish the ultimate beneficiaries of the payments to this third-party entity.

VIAVI Solutions Agrees to Acquire Spirent Communications to Create a Leading Provider of Test, Assurance and Security Solutions for Research and Development Labs, Service Providers, Data Centers and Mission-Critical Infrastructure

Retrieved on: 
Tuesday, March 5, 2024
Telecommunications, Software, Networks, Internet, Consumer Electronics, Technology, Apps, Applications, Security, Engineering, Silver, Wells Fargo, SPT, Research, Intelligence, Growth, Acquisition, UBS, Qatalyst Partners, Linklaters, Rothschild & Co, Viavi Solutions, Automation, LLP, Machine learning, Jefferies, Financial services

Under the terms of the Acquisition, Spirent Shareholders will receive 172.5 pence per Spirent share in cash (the Acquisition price).

Key Points: 
  • Under the terms of the Acquisition, Spirent Shareholders will receive 172.5 pence per Spirent share in cash (the Acquisition price).
  • The Spirent Directors who hold shares of Spirent have signed irrevocable agreements in support of the Acquisition.
  • Spirent provides products, services and managed solutions that address the test, assurance and automation challenges of technologies, including 5G, software-defined wide area networks (“SD-WAN”), cloud and autonomous vehicles.
  • Rothschild & Co is serving as financial advisor and UBS and Jefferies are serving as financial advisor and corporate broker to Spirent.

70 companies unite to launch Tent UK, a new coalition of businesses committed to connecting refugees to work

Retrieved on: 
Tuesday, March 5, 2024
The Adecco Group, IHG Hotels & Resorts, Virginity, Compass Group, GSK, Education, Moody's Investors Service, Pret a Manger, Arcadis, Cooperative, Admiral Group, AA, Salesforce, Ageing, IKEA, DLA Piper, Bank, Health, Methodology, Linklaters, EBay, Dow Jones, Microsoft, Partnership, International, Woman, Ben & Jerry's, Thames Water, Cisco, Lineage Logistics, Accenture, Automation, Employment, Starbucks, Bank of America, Research, Bloomberg, Kraft Heinz, Visa, Government, Pret, Data, John Menzies, Foodservice, McDonald's, ISS, Ipsos, BP, Sanofi, HR, Citigroup, Piper, Biogen, Creative industries

LONDON, March 5, 2024 /PRNewswire/ -- The Tent Partnership for Refugees (Tent) – a global network of companies committed to the labour market integration of refugees – is announcing the launch of Tent UK , a coalition of 70 major companies committed to hiring refugees and helping them become job ready.

Key Points: 
  • LONDON, March 5, 2024 /PRNewswire/ -- The Tent Partnership for Refugees (Tent) – a global network of companies committed to the labour market integration of refugees – is announcing the launch of Tent UK , a coalition of 70 major companies committed to hiring refugees and helping them become job ready.
  • Tent is uniquely placed and ready to help companies develop ambitious programmes to include refugees."
  • "Tent is immensely proud to have brought together 70 leading businesses resolved to connect refugees to meaningful employment," said Jen Stobart, UK Director at Tent.
  • Tent UK is Tent's sixth national coalition to launch, adding to existing coalitions in Canada, France, Mexico, Spain and the United States.

Acerinox to Acquire Haynes International

Retrieved on: 
Monday, February 5, 2024
Machinery, Machine Tools, Metalworking & Metallurgy, Manufacturing, Steel, NFD, Absorption, Stainless steel, Linklaters, Haynes International, Workforce, Jefferies Group, Central European Time, ROCE, Conference call, Metal, Acquisition, VDM Metals, HPA, Kirkland & Ellis, LLP, Conference

Acerinox, a leading global company in the manufacturing and distribution of stainless steel and high-performance alloys, today announced that it has entered into a definitive agreement under which Acerinox’s wholly owned U.S. subsidiary – North American Stainless (“NAS”) – will acquire Haynes International (“Haynes”), a U.S. leading developer, manufacturer, and marketer of technologically advanced high-performance alloys, in an all-cash transaction.

Key Points: 
  • Acerinox, a leading global company in the manufacturing and distribution of stainless steel and high-performance alloys, today announced that it has entered into a definitive agreement under which Acerinox’s wholly owned U.S. subsidiary – North American Stainless (“NAS”) – will acquire Haynes International (“Haynes”), a U.S. leading developer, manufacturer, and marketer of technologically advanced high-performance alloys, in an all-cash transaction.
  • The transaction has been unanimously approved by the Boards of Directors of Haynes and Acerinox.
  • Their addition to Acerinox strengthens our global leadership in high-performance alloys and creates meaningful opportunities in the high-growth aerospace segment and the attractive U.S. market,” Bernardo Velázquez Herreros, Chief Executive Officer of Acerinox, said.
  • Upon completion of the transaction, Haynes’s shares will no longer be traded on the Nasdaq, and Haynes will become a wholly owned subsidiary of Acerinox.

Thomson Reuters Corporation acquires majority interest in Pagero - a World Leader in E-Invoicing

Retrieved on: 
Monday, January 15, 2024
Thomson Reuters, Linklaters, Partnership, Indirect tax, Nasdaq First North, Acquisition, CTC, Growth, News

On January 11, 2024 Thomson Reuters announced a recommended public tender offer to acquire 100 per cent of the shares of Pagero (the "Offer").

Key Points: 
  • On January 11, 2024 Thomson Reuters announced a recommended public tender offer to acquire 100 per cent of the shares of Pagero (the "Offer").
  • The independent bid committee of Pagero's board of directors unanimously recommends all shareholders of Pagero accept the Revised Offer.
  • Pagero is a global leader in e-invoicing and indirect tax solutions, which it delivers through its Smart Business Network.
  • To ensure continuity for its community of Indirect Tax customers, Thomson Reuters is committed to maintaining Pagero as a market solution.

Thomson Reuters Corporation Announces a Recommended Public Offer to Acquire Pagero - a World Leader in E-Invoicing

Retrieved on: 
Thursday, January 11, 2024
Thomson Reuters, Linklaters, Partnership, Nasdaq First North, Acquisition, CTC, Vertex, Growth, Online shopping

Pagero is a global leader in e-invoicing and indirect tax solutions, which it delivers through its Smart Business Network.

Key Points: 
  • Pagero is a global leader in e-invoicing and indirect tax solutions, which it delivers through its Smart Business Network.
  • An offer document regarding the Offer is expected to be made public on this day, January 11, 2024.
  • This press release shall not constitute an offer to buy or a solicitation of an offer to sell any Pagero securities.
  • Thomson Reuters has engaged Morgan Stanley & Co. LLC as financial adviser and Linklaters as legal adviser in connection with the Offer.

Assured Guaranty Guarantees €93.7 Million Loan to Metro de Madrid, S.A.

Retrieved on: 
Monday, January 8, 2024
Public Transport, Professional Services, Transport, Finance, AGL, Linklaters, Jules Kroll, S&P Global Ratings, LLP, Acquisition, AGE, LP, Risk, Insurance, Guarantee, Madrid Metro, Bankinter, Metro, Assured Investment Management, AA, Bank

Assured Guaranty (Europe) SA (AGE)*, an indirect subsidiary of Assured Guaranty Ltd. (together with its subsidiaries, Assured Guaranty), announced that it has guaranteed principal and interest payments on a €93.7 million loan to Metro de Madrid, S.A. (the Borrower) on 27 December.

Key Points: 
  • Assured Guaranty (Europe) SA (AGE)*, an indirect subsidiary of Assured Guaranty Ltd. (together with its subsidiaries, Assured Guaranty), announced that it has guaranteed principal and interest payments on a €93.7 million loan to Metro de Madrid, S.A. (the Borrower) on 27 December.
  • AGE is a subsidiary of Assured Guaranty Ltd. (AGL and, together with its subsidiaries, Assured Guaranty).
  • Through its subsidiaries, Assured Guaranty provides credit enhancement products to the U.S. and non-U.S. public finance, infrastructure and structured finance markets.
  • Assured Guaranty also participates in the asset management business through its ownership interest in Sound Point Capital Management, LP and related entities.

Directorate change

Retrieved on: 
Tuesday, December 26, 2023
Linklaters, AGM, Audit committee, Committee, Silk Street, Annual, LLP, Audit, Management, Cryptocurrency, Online shopping

The Board of Britvic today announces that Euan Sutherland will be stepping down from the Britvic Board with immediate effect.

Key Points: 
  • The Board of Britvic today announces that Euan Sutherland will be stepping down from the Britvic Board with immediate effect.
  • Euan joined the Board as a Non-Executive Director in February 2016.
  • Euan has served on the Audit Committee throughout his tenure.
  • In order to maintain the required number of Directors on that Committee on his departure, the Board has appointed Hounaïda Lasry to the Audit Committee, effective immediately.

Britvic plc: Annual Report and Accounts 2023 and Notice of AGM 2024

Retrieved on: 
Monday, December 25, 2023
AGM, Silk Street, Linklaters, Transparency, National Storage, Financial Conduct Authority, Annual

Following the release on 22 November 2023 of the Group’s Preliminary Results Announcement for the year ended 30 September 2023, and in compliance with Listing Rule 9.6.1, the Company has today submitted the following documents to the Financial Conduct Authority.

Key Points: 
  • Following the release on 22 November 2023 of the Group’s Preliminary Results Announcement for the year ended 30 September 2023, and in compliance with Listing Rule 9.6.1, the Company has today submitted the following documents to the Financial Conduct Authority.
  • They will shortly be available for inspection at the National Storage Mechanism which is located at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
  • Notice of the Annual General Meeting (AGM) of the Company, to be held on Thursday 25 January 2024 at 11.00am at the offices of Linklaters LLP, One Silk Street, London EC2Y 8HQ
    In line with Disclosure Guidance and Transparency Rule 6.3.5 R(1A), notice is hereby provided that the regulated information required to be issued in full unedited full text is included within the Britvic plc Annual Report and Accounts 2023.
  • For further information please contact:

Adani Green accomplishes its Construction Financing Framework at USD 3 billion

Retrieved on: 
Tuesday, December 5, 2023
Finance, Alternative Energy, Energy, Professional Services, Utilities, Party, Climate change, COP28, Construction, MUFG Bank, Sustainable Development Goals, SDG, USD, Partner, Documentation, Société Générale, Plain Green Loans, Conference, BNP Paribas, Sustainalytics, Adani Green Energy, Latham & Watkins, Sumitomo Mitsui Banking Corporation, Linklaters, MD, Intesa Sanpaolo, Standard Chartered, Renewable energy, Bank, Khavda, Head

Adani Green Energy Ltd (AGEL), India’s largest and world’s leading renewable energy player announced follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks.

Key Points: 
  • Adani Green Energy Ltd (AGEL), India’s largest and world’s leading renewable energy player announced follow-on funding of USD 1.36 billion (Bn) to further boost its Construction Financing Framework to USD 3 Bn backed by a consortium of renowned international banks.
  • The definitive agreements have been executed with 8 leading international banks, which are all returning lenders and instrumental in establishing AGEL’s Construction Financing Framework since March 2021.
  • Mr Amit Singh, CEO, Adani Green Energy Ltd, said, “We believe, Construction Financing Framework is an essential element of our development agenda and supports our unwavering commitment to build a sustainable future.
  • We are incredibly proud to put forward the framework for our portfolio companies where in we have raised sustainable financing solutions for Adani Green, Adani Energy Solution to support the delivery of critical infrastructure projects.