MNC

Vista Outdoor Confirms Receipt of Revised Indication of Interest from MNC Capital

Retrieved on: 
Monday, March 25, 2024
Sports, Other Retail, Outdoors, General Sports, Specialty, Consumer, Hunting, Other Sports, Other Manufacturing, Water Skiing, Retail, Other Consumer, Manufacturing, Vista Outdoor, Morgan Stanley, LLP, Acquisition, Initial, CSG, Gibson Dunn, Cravath, Swaine & Moore, MNC, Financial adviser

On March 4, 2024, the Vista Outdoor Board of Directors (the “Vista Outdoor Board”) rejected an unsolicited indication of interest received on February 19, 2024 from MNC pursuant to which MNC expressed interest in acquiring Vista Outdoor in an all-cash transaction for $35.00 per Vista Outdoor share (the “Initial MNC Indication”).

Key Points: 
  • On March 4, 2024, the Vista Outdoor Board of Directors (the “Vista Outdoor Board”) rejected an unsolicited indication of interest received on February 19, 2024 from MNC pursuant to which MNC expressed interest in acquiring Vista Outdoor in an all-cash transaction for $35.00 per Vista Outdoor share (the “Initial MNC Indication”).
  • The Vista Outdoor Board carefully reviewed and considered the Initial MNC Indication in consultation with its outside legal and financial advisors.
  • Morgan Stanley & Co. LLC is acting as sole financial adviser to Vista Outdoor and Cravath, Swaine & Moore LLP is acting as legal adviser to Vista Outdoor.
  • Moelis & Company LLC is acting as sole financial adviser to the independent directors of Vista Outdoor and Gibson, Dunn & Crutcher LLP is acting as legal adviser to the independent directors of Vista Outdoor.

MNC Capital Increases Proposal to Acquire Vista Outdoor to $37.50 Per Share

Retrieved on: 
Monday, March 25, 2024
Finance, Outdoors, Sports, Professional Services, General Sports, MNC, Vista Outdoor, Letter, CFIUS, Kinetic Group

MNC Capital Partners, L.P. (“MNC”) today announced that it has submitted an increased all-cash proposal to acquire Vista Outdoor, Inc. (NYSE: VSTO) (“Vista” or the “Company”) for $37.50 per share, or approximately $3.0 billion.

Key Points: 
  • MNC Capital Partners, L.P. (“MNC”) today announced that it has submitted an increased all-cash proposal to acquire Vista Outdoor, Inc. (NYSE: VSTO) (“Vista” or the “Company”) for $37.50 per share, or approximately $3.0 billion.
  • Vista’s shares were trading below $30.00 per share when MNC made its initial proposal on February 19, 2024.
  • MNC has provided the details of its financing to Vista, as well as all other information that Vista requested in its March 4, 2024 letter.
  • MNC expects Vista to promptly engage and agree to MNC’s proposal, which is clearly in the best interest of Vista’s shareholders and employees.

Global Cord Blood & Tissue Banking Industry Market Size, Segmentation & Forecast Report 2024 - ResearchAndMarkets.com

Retrieved on: 
Friday, March 15, 2024
Health, Biotechnology, Catalent, Transplant, Cell, Patient, UCB, LifeCell International, Microsoft Exchange Server, Organization, Regenerative medicine, Cryo-Cell International, Spectrum, Disorder, Umbilical cord, Population growth, Stemcell Technologies, Certification, HSCT, NIH, GMP, Cord blood, The Cooper Companies, Safety, Hematopoietic stem cell transplantation, Artivion, DSM-IV codes, Tissue, Research, Acquisition, Cancer, Leukemia, CBR, Cryopreservation, Cerebral palsy, FDA, CBUS, Sickle cell disease, ClinicalTrials.gov, Registry, Amniotic fluid, Hearing loss, GCBC, MNC, Geography

The "Global Cord Blood & Tissue Banking Industry Report - Market Size, Segmentation, & Forecasts, 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Cord Blood & Tissue Banking Industry Report - Market Size, Segmentation, & Forecasts, 2024" report has been added to ResearchAndMarkets.com's offering.
  • There are now over 800,000 cord blood units stored in public cord blood banks and more than 6.75 million cord blood and tissue units stored within private banks worldwide.
  • Today, nearly all U.S. cord blood banks and approximately one-third of global cord blood banks offer cord tissue storage.
  • The report presents findings on the following topics:
    Rate per cord blood unit in the U.S. and Europe
    Number of clinical trials, number of published scientific papers, and amount of NIH funding for cord blood research
    Number and types of patents for cord blood, cord tissue, and placental products
    The report presents a comprehensive analysis of the global cord blood and tissue banking market.

Vista Outdoor Rejects Unsolicited Indication of Interest from MNC Capital

Retrieved on: 
Monday, March 4, 2024
Hunting, General Sports, Sports, Specialty, Outdoors, Other Sports, Water Skiing, Retail, Acquisition, Morgan Stanley, Cravath, Swaine & Moore, Committee, Investment, CSG, Letter, Vista Outdoor, Foreign investment, Gibson Dunn, LLP, MNC, CFIUS, Failure, Management

Vista Outdoor Inc. (NYSE: VSTO) today announced that its Board of Directors (the “Vista Outdoor Board”), following consultation with its financial and legal advisors, has rejected an unsolicited indication of interest received on February 19, 2024 from MNC Capital (“MNC”) pursuant to which MNC expressed interest in acquiring Vista Outdoor in an all-cash transaction for $35.00 per Vista share (the “MNC Indication”).

Key Points: 
  • Vista Outdoor Inc. (NYSE: VSTO) today announced that its Board of Directors (the “Vista Outdoor Board”), following consultation with its financial and legal advisors, has rejected an unsolicited indication of interest received on February 19, 2024 from MNC Capital (“MNC”) pursuant to which MNC expressed interest in acquiring Vista Outdoor in an all-cash transaction for $35.00 per Vista share (the “MNC Indication”).
  • The Vista Outdoor Board also issued a letter to MNC which is reproduced below.
  • We are confident that this is the best path to unlock value for our stockholders.”
    The full text of the letter to MNC follows:
    I am writing on behalf of Vista Outdoor Inc. (“Vista”) in response to MNC Capital’s (“MNC”) letters dated February 19, 2024 and February 28, 2024, expressing MNC’s interest in pursuing a transaction pursuant to which MNC would acquire Vista in an all-cash transaction for $35.00 per Vista share (the “MNC Indication”).
  • Morgan Stanley & Co. LLC is acting as sole financial adviser to Vista Outdoor and Cravath, Swaine & Moore LLP is acting as legal adviser to Vista Outdoor.

MNC Capital Submits Proposal to Acquire Vista Outdoor for $35.00 Per Share in Cash

Retrieved on: 
Friday, March 1, 2024
Outdoors, Professional Services, Sports, Finance, Acquisition, FTI Consulting, Confidentiality, Vista, Sale, Transaction, Letter, Autumn, Element, Foreign investment, Proposal, Department of Defence, State, MNC, CFIUS, Kinetic Group, Commercial property

We are writing to express our strong interest in acquiring all the outstanding shares of Vista Outdoor Inc. (“Vista” or the “Company”) for a purchase price per share of $35.00 in cash (the “Transaction”).

Key Points: 
  • We are writing to express our strong interest in acquiring all the outstanding shares of Vista Outdoor Inc. (“Vista” or the “Company”) for a purchase price per share of $35.00 in cash (the “Transaction”).
  • The proposed price offers a substantial premium to Vista’s share price, which already reflects a takeover premium.
  • Given Vista’s share price is currently trading close to its 52-week high, our proposal also reflects a highly attractive value overall to Vista’s shareholders.
  • The Board is currently reviewing the proposal consistent with its fiduciary duties, in consultation with our legal and financial advisors.

MÉTIS NATION APPLAUDS SUPREME COURT OF CANADA DECISION ON INDIGENOUS CHILDREN, YOUTH AND FAMILIES

Retrieved on: 
Friday, February 9, 2024
MNC, The Act, Supreme, Constitution Act, Human, Exercise, First Nations, Federation, Legislation, Child, Supreme court, Parliament, Indigenous peoples

As such, the Métis National Council and its Governing Members intervened at the Supreme Court of Canada to ensure the Act was upheld.

Key Points: 
  • As such, the Métis National Council and its Governing Members intervened at the Supreme Court of Canada to ensure the Act was upheld.
  • “We are extremely pleased that the Supreme Court of Canada was unanimous in upholding this forward looking, innovative and reconciliation-based piece of legislation,” said Métis National Council President Cassidy Caron.
  • “I want to applaud the current federal government in advancing the Act with the Métis Nation and other Indigenous peoples.
  • Since 1983, the Métis National Council has been the national and international voice of the Métis Nation within Canada.

MÉTIS NATIONAL COUNCIL COMMENDS INDIGENOUS AND NORTHERN AFFAIRS COMMITTEE’S ADOPTION OF BILL C-53

Retrieved on: 
Tuesday, February 6, 2024
Legislation, House, MNC, Indigenous peoples, Indigenous, National Council, Commons

Ottawa, ON, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Yesterday, the Indigenous and Northern Affairs Committee (INAN) confirmed adoption of Bill C-53, the Recognition of Certain Métis Governments in Alberta, Ontario and Saskatchewan and Métis Self-Government Act.

Key Points: 
  • Ottawa, ON, Feb. 06, 2024 (GLOBE NEWSWIRE) -- Yesterday, the Indigenous and Northern Affairs Committee (INAN) confirmed adoption of Bill C-53, the Recognition of Certain Métis Governments in Alberta, Ontario and Saskatchewan and Métis Self-Government Act.
  • The Métis National Council supports this decision and looks forward to swift passage of the bill in the House of Commons.
  • The Métis National Council will continue to support our Métis governments in the passage of this historic piece of legislation.
  • “
    The Métis National Council looks forward to the next steps in this process to ensure that Métis rights of self-determination and self-government, enshrined in Section 35, are upheld.

WhaTap Labs Provides Monitoring Solution to Indonesia's Largest Broadcasting Company

Retrieved on: 
Tuesday, February 6, 2024
Data Management, Advertising, Communications, Technology, Software, Internet, Multimedia, URL, LG Uplus, CJ, MNC, Lotte Shopping, CJ ENM, OTT, Software as a service, CJ Logistics, Service, Television

WhaTap Labs (CEO Lee Dong-in), the Service as a Software (SaaS) monitoring company, announced on February 1st that it will provide its monitoring solution, "WhaTap," for infrastructure servers and resource monitoring during the presidential election period of MNC, Indonesia's largest broadcasting company.

Key Points: 
  • WhaTap Labs (CEO Lee Dong-in), the Service as a Software (SaaS) monitoring company, announced on February 1st that it will provide its monitoring solution, "WhaTap," for infrastructure servers and resource monitoring during the presidential election period of MNC, Indonesia's largest broadcasting company.
  • View the full release here: https://www.businesswire.com/news/home/20240131525664/en/
    WhaTap Labs offers Monitoring Solution to Indonesia’s broadcasting company (Graphic: WhaTap Labs Inc.)
    MNC is recognized as Indonesia's largest broadcasting company, holding the top position in the Indonesian TV advertising market as of 2022.
  • WhaTap Labs has previously supplied monitoring services to several media companies, including LG Uplus, CJ ENM, and others.
  • According to WhaTap Labs, these instances played a pivotal role in MNC's decision to choose WhaTap monitoring for addressing their infrastructure challenges.

MÉTIS NATION MEETS WITH CANADA THROUGH PERMANENT BILATERAL MECHANISM (PBM)

Retrieved on: 
Thursday, February 1, 2024
Partnership, Policy, Toxicity, C-53, Legislation, Noise, Government, Emergency management, Economic development, Child, MNC, Mental health, Permanent, Federation, Education, Health, Human, PBM

Ottawa, ON, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Yesterday, the Métis Nation and the Government of Canada held the first Permanent Bilateral Mechanism (PBM) meeting of 2024.

Key Points: 
  • Ottawa, ON, Feb. 01, 2024 (GLOBE NEWSWIRE) -- Yesterday, the Métis Nation and the Government of Canada held the first Permanent Bilateral Mechanism (PBM) meeting of 2024.
  • Key outcomes from this meeting were the endorsements of both the co-development principles and the international work of the Métis Nation.
  • The co-development principles outline how the Métis Nation and Canada can co-develop policy and law together equitably, in a manner that fulfills Canada’s commitments and upholds Métis self-determination.
  • “Renewing our relationship with the Government of Canada through the Permanent Bilateral Mechanism is of utmost importance to ensure the Métis governments, communities, and citizens are best supported across the Homeland.

Global Cord Blood & Tissue Banking Industry Report 2024 - The Vast Majority of the Global Cord Blood Market is Now Controlled by the World's 10 Largest Cord Blood Banking Operators - ResearchAndMarkets.com

Retrieved on: 
Monday, January 22, 2024
Health, Other Health, GCBC, Catalent, Stemcell Technologies, HSCT, Population growth, Cryopreservation, CBUS, Leukemia, Regenerative medicine, Cord blood, The Cooper Companies, Cerebral palsy, Spectrum, Research, Geography, UCB, LifeCell International, Registry, Hearing loss, Tissue, Cryo-Cell International, Cancer, GMP, ClinicalTrials.gov, Disorder, Acquisition, Sickle cell disease, Safety, Patient, MNC, NIH, Transplant, Certification, FDA, Amniotic fluid, Microsoft Exchange Server, Hematopoietic stem cell transplantation, Cell

There are over 800,000 cord blood units stored in public cord blood banks and more than 6.75 million cord blood and tissue units stored within private banks worldwide.

Key Points: 
  • There are over 800,000 cord blood units stored in public cord blood banks and more than 6.75 million cord blood and tissue units stored within private banks worldwide.
  • Today, nearly all U.S. cord blood banks and approximately one-third of global cord blood banks offer cord tissue storage.
  • The vast majority of the global cord blood market is now controlled by the world's 10 largest cord blood banking operators.
  • It reveals the identities of companies offering cord blood storage, cord blood processing technologies, cord blood expansion technologies, and cord blood therapeutics on a global basis.