FAM

H2 Green Steel raises €1.5 billion in equity to build the world's first green steel plant

Retrieved on: 
Thursday, September 7, 2023
Hydrogen, Altor, Electricity, FAM, Morgan Stanley, Steel, Steelmaking, Recycling, Appetite, Coal, Investment, CFO, AMF, Schaeffler Group, GIC, CO2, Security (finance), Renewable energy

The round will finance the world's first large-scale green steel plant and Europe's first giga-scale electrolyzer.

Key Points: 
  • The round will finance the world's first large-scale green steel plant and Europe's first giga-scale electrolyzer.
  • The proceeds will finance the construction and development of H2 Green Steel's flagship large-scale green steel plant in Boden, Sweden.
  • Since launch in 2021, H2 Green Steel has raised more than €1.8 billion of equity in three financing rounds.
  • Morgan Stanley & Co. International plc acted as sole financial advisor to H2 Green Steel in the private placement.

H2 Green Steel raises €1.5 billion in equity to build the world's first green steel plant

Retrieved on: 
Thursday, September 7, 2023
Hydrogen, Altor, Electricity, FAM, Morgan Stanley, Steel, Steelmaking, Recycling, Appetite, Coal, Investment, CFO, AMF, Schaeffler Group, GIC, CO2, Security (finance), Renewable energy

The round will finance the world's first large-scale green steel plant and Europe's first giga-scale electrolyzer.

Key Points: 
  • The round will finance the world's first large-scale green steel plant and Europe's first giga-scale electrolyzer.
  • The proceeds will finance the construction and development of H2 Green Steel's flagship large-scale green steel plant in Boden, Sweden.
  • Since launch in 2021, H2 Green Steel has raised more than €1.8 billion of equity in three financing rounds.
  • Morgan Stanley & Co. International plc acted as sole financial advisor to H2 Green Steel in the private placement.

Stora Enso's Shareholders' Nomination Board composition

Retrieved on: 
Wednesday, September 6, 2023
Shareholder, STE, Stora Enso, FAM, FAM AB, Sarly Adre Sarkum, EUR, Marcus Wallenberg, Remuneration, Chair, Annual general meeting, Holding company

HELSINKI, Sept. 6, 2023 /PRNewswire/ -- The Stora Enso Shareholders' Nomination Board has been established to exist until otherwise decided.

Key Points: 
  • HELSINKI, Sept. 6, 2023 /PRNewswire/ -- The Stora Enso Shareholders' Nomination Board has been established to exist until otherwise decided.
  • The Shareholders' Nomination Board annually prepares proposals for Stora Enso Oyj's Annual General Meeting concerning the election and remuneration of members of the Stora Enso Board of Directors and Board committees, as well as the appointments of the Chair and the Vice Chair of the Board of Directors.
  • The Shareholders' Nomination Board consists of the Chair of Stora Enso's Board of Directors, the Vice Chair of the Board of Directors and two members appointed by the two largest shareholders (one each) as of 31 August each year.
  • The Shareholders' Nomination Board has been appointed and consists of the following members: Kari Jordan (Chair of Stora Enso's Board of Directors), Håkan Buskhe (Vice Chair of Stora Enso's Board of Directors), Jouko Karvinen (Chair of the Board of Directors of Solidium Oy), and Marcus Wallenberg (Chair of the Board of Directors of FAM AB).

First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for September

Retrieved on: 
Monday, August 21, 2023
Professional Services, Finance, AIB (NI), Uncertainty, New York Stock Exchange, Organic, European Central Bank, Loss, ERISA, Investment, Federal, LIBOR, COVID-19, Infection, FAM, Abrdn, Central bank, Risk, Terrorism, Movement, Judgement, Government, Internal Revenue Code, FTP, Hedge fund, Federal Reserve, London Interbank Bid Rate, Internal Revenue Code section 409A, European, FINRA, United Kingdom, Fraud, NYSE, FTA, Cryptocurrency, Life insurance, Security (finance), Financial adviser, Bank, Fund

First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on September 15, 2023, to shareholders of record as of September 5, 2023.

Key Points: 
  • First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on September 15, 2023, to shareholders of record as of September 5, 2023.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.
  • Market risk is the risk that a particular security, or shares of a fund in general may fall in value.

Australis Selects Kreps PR as Agency of Record

Retrieved on: 
Wednesday, August 9, 2023
Agency of record, FAM, Tierra del Fuego, Australis

MIAMI, Aug. 9, 2023 /PRNewswire/ -- Australis , a leading expedition cruise company renowned for its voyages through the Southern Hemisphere, has selected Kreps PR & Marketing as its Agency of Record to provide public relations support and overall communications services.

Key Points: 
  • MIAMI, Aug. 9, 2023 /PRNewswire/ -- Australis , a leading expedition cruise company renowned for its voyages through the Southern Hemisphere, has selected Kreps PR & Marketing as its Agency of Record to provide public relations support and overall communications services.
  • Kreps PR will provide strategic public relations services to further awareness of Australis within its key markets in North America, inclusive of media relations, FAM tours, and strategic alliances.
  • "Kreps PR has decades of experience working within the tour and travel space," said Felipe Castro, Sales Director North America for Australis.
  • "It is an absolute privilege to have been selected to represent Australis," says Israel Kreps, CEO of Kreps PR.

Gopuff Lowers Prices on Everyday Items by 30%

Retrieved on: 
Monday, August 7, 2023
Supply Chain Management, Other Retail, Wine & Spirits, Family, Discount, Variety, Supermarket, Department Stores, Consumer, Convenience Store, Food, Beverage, Retail, Home Goods, Milk, FAM, Multimedia, Love, Deals, Gopuff, Egg, Online shopping

With this launch, FAM members now have access to an average of 30% lower prices on 100+ top-selling essentials every single day.

Key Points: 
  • With this launch, FAM members now have access to an average of 30% lower prices on 100+ top-selling essentials every single day.
  • The new “Lower Than Low Prices” benefit is designed to provide unbeatable value for FAM members, a group that accounts for nearly 50% of all Gopuff orders.
  • Just for FAM members, Gopuff is also discounting every Gopuff private label product by at least 10%.
  • During a time when everyday living has gotten expensive, today Gopuff is excited to bring more value to its customers.

First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for August

Retrieved on: 
Thursday, July 20, 2023
Professional Services, Finance, Vaccine, AIB (NI), Uncertainty, New York Stock Exchange, Organic, European Central Bank, Loss, ERISA, Investment, LIBOR, COVID-19, FAM, Abrdn, Central bank, Infection, Risk, Terrorism, Movement, Judgement, Government, Internal Revenue Code, FTP, Hedge fund, London Interbank Bid Rate, Internal Revenue Code section 409A, European, FINRA, United Kingdom, Fraud, Fund, NYSE, FTA, Disease, Cryptocurrency, Pharmaceutical industry, Life insurance, Security (finance), Financial adviser, Bank

First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on August 15, 2023, to shareholders of record as of August 2, 2023.

Key Points: 
  • First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on August 15, 2023, to shareholders of record as of August 2, 2023.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

First Trust Closed-End Funds Announce Board’s Decision to Rescind the Funds’ Control Share By-Law

Retrieved on: 
Friday, June 23, 2023
Banking, Professional Services, Finance, Exercise, AIB (NI), FSD, FMY, FAM, MFD, Cyprus Securities and Exchange Commission, FTP, Sumathi Best Television Current Reporting Award, FCT, FFA, Trustee, FPL, FINRA, Security (finance), Fund, NYSE, FEI, FTA, Real estate, Pension fund

The Board has adopted Amended and Restated By-Laws (the “By-Laws”) for the Funds, which reflect the rescission of the Control Share By-Law.

Key Points: 
  • The Board has adopted Amended and Restated By-Laws (the “By-Laws”) for the Funds, which reflect the rescission of the Control Share By-Law.
  • Under the Control Share By-Law, a holder of common shares of a Fund who obtained beneficial ownership of common shares in a “Control Share Acquisition” (as such term was defined in the Control Share By-Law) could exercise voting rights with respect to such shares only to the extent authorized by such Fund’s non-interested shareholders.
  • The Control Share By-Law did not eliminate voting rights for shares acquired in a Control Share Acquisition, but rather entrusted a Fund’s non-interested shareholders with determining whether to approve the authorization of voting rights of such shares.
  • First Trust Advisors L.P. (“FTA”) is a federally registered investment advisor and serves as the Funds’ investment advisor.

First Trust/abrdn Global Opportunity Income Fund Declares its Monthly Common Share Distribution of $0.06 Per Share for July

Retrieved on: 
Tuesday, June 20, 2023
Professional Services, Finance, Vaccine, AIB (NI), Uncertainty, New York Stock Exchange, Organic, European Central Bank, Risk, Loss, ERISA, Investment, Financial Conduct Authority, LIBOR, COVID-19, FAM, Abrdn, Central bank, Infection, Terrorism, Movement, Judgement, Government, Internal Revenue Code, FTP, Security (finance), Hedge fund, London Interbank Bid Rate, Internal Revenue Code section 409A, European, FINRA, United Kingdom, Fraud, Fund, NYSE, FTA, Disease, Life insurance, Financial adviser, Bank

First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on July 17, 2023, to shareholders of record as of July 5, 2023.

Key Points: 
  • First Trust/abrdn Global Opportunity Income Fund (the "Fund") (NYSE: FAM) has declared the Fund’s regularly scheduled monthly common share distribution in the amount of $0.06 per share payable on July 17, 2023, to shareholders of record as of July 5, 2023.
  • The Fund is a diversified, closed-end management investment company that seeks to provide a high level of current income.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

The Mexican Caribbean hosted the World Education Congress 2023 for the first time outside the U.S. and Canada

Retrieved on: 
Friday, June 16, 2023
Professional Services, Other Travel, Transportation, Lodging, Destinations, Travel, Other Communications, Other Professional Services, Marketing, Communications, Tourist Attractions, Consulting, WEC, Tourism, Cave, Dow Jones, MPI, Airport, FAM, Xcaret, Multimedia, Golf, The Seydel Companies, Inc., International Moral Education Congress, Congress, Mexican, Knowledge, Growth, City, Riviera Maya

The Mexican Caribbean became the first venue in Latin America to host the World Education Congress (WEC), the leading North American annual event of Meeting Professionals International (MPI), the world's largest association for the meetings and events industry.

Key Points: 
  • The Mexican Caribbean became the first venue in Latin America to host the World Education Congress (WEC), the leading North American annual event of Meeting Professionals International (MPI), the world's largest association for the meetings and events industry.
  • "The Mexican Caribbean has an excellent infrastructure for business meetings tourism.
  • We have more than 1.7 million square feet of meeting space equipped with high-end technology.
  • We have three airports and 122 direct flights to cities around the world.