Financial Oversight and Management Board for Puerto Rico v. Aurelius Investment, LLC

EQS-News: Mountain Alliance AG publishes half-year report 2023 – NAV per share at € 6.91

Retrieved on: 
Monday, September 25, 2023

Net Asset Value (NAV) increases to € 47.6 million as of June 30, 2023 (December 31, 2022: € 47.5 million)

Key Points: 
  • Net Asset Value (NAV) increases to € 47.6 million as of June 30, 2023 (December 31, 2022: € 47.5 million)
    NAV per share slightly up to € 6.91 as of June 30, 2023 (December 31, 2022: € 6.89)
    Munich, September 20, 2023 – Mountain Alliance AG (MA, ISIN DE000A12UK08) today published its half-year report 2023 as well as net asset value as of June 30, 2023.
  • Mountain Alliance AG continued to perform solidly in the first half of 2023 even though the prevailing economic sentiment remained subdued.
  • Mountain Alliance AG generated sales of € 63,833 in the first half of 2023, compared to € 27,900 in the previous year according to the German Commercial Code (HGB).
  • Taking into account net financial liabilities of € 0.97 million, the NAV of Mountain Alliance AG amounted to € 47.6 million, compared to € 47.5 million at year-end 2022.

EQS-News: OHB SE: Management Board and Supervisory Board of OHB SE recommend accepting the voluntary public takeover offer by KKR

Retrieved on: 
Monday, September 25, 2023

Management Board and Supervisory Board of OHB SE welcome strategic partnership with KKR and recommend shareholders to accept the takeover offer.

Key Points: 
  • Management Board and Supervisory Board of OHB SE welcome strategic partnership with KKR and recommend shareholders to accept the takeover offer.
  • The Management Board and the Supervisory Board of the German space and technology company OHB SE (“OHB”) today published a joint reasoned statement pursuant to Section 27 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz, “WpÜG”) on the voluntary public takeover offer by Orchid Lux HoldCo S.à r.l.
  • In it, they conclude that the Bidder's takeover offer is in the best interest of OHB, its shareholders, employees and other stakeholders.
  • At the same time, my family retains permanent control as majority shareholder.”
    Robert Wethmar, chairman of the Supervisory Board of OHB, added: “After careful and thorough review, the Management Board and the Supervisory Board recommend accepting the offer.

AKWEL: CURRENT OPERATING INCOME OF €30.2M FOR THE HY 2023

Retrieved on: 
Thursday, September 21, 2023

Gross operating surplus was up by 15.8% to €49.0m, and current operating income rose by 70.6% to €30.2m.

Key Points: 
  • Gross operating surplus was up by 15.8% to €49.0m, and current operating income rose by 70.6% to €30.2m.
  • With a financial income of -€2.5m and a tax expense representing €8.5m, the net income Group share stood at €19.2m for the half-year.
  • The Group’s net cash position, including debts on lease obligations, at 30 June 2023 was €91.5m.
  • The Group announces the appointment of Benoit Coutier to the position of Chief Financial Officer on October 1, 2023.

STMicroelectronics: Statement from the Supervisory Board of STMicroelectronics

Retrieved on: 
Tuesday, September 19, 2023

Amsterdam, September 19, 2023 – Nicolas Dufourcq, Chairman of the Supervisory Board of STMicroelectronics N.V. (NYSE: STM), and Maurizio Tamagnini, Vice-Chairman, have asked Jean-Marc Chery, ST’s President and CEO, to be available for a reappointment in his current role.

Key Points: 
  • Amsterdam, September 19, 2023 – Nicolas Dufourcq, Chairman of the Supervisory Board of STMicroelectronics N.V. (NYSE: STM), and Maurizio Tamagnini, Vice-Chairman, have asked Jean-Marc Chery, ST’s President and CEO, to be available for a reappointment in his current role.
  • Mr. Chery has accepted the proposal.
  • Therefore, the Supervisory Board has decided to propose for shareholder approval at the Company's 2024 Annual General Meeting of Shareholders, the reappointment for a three-year mandate of Jean-Marc Chery as the sole member of the Managing Board and the Company's President and Chief Executive Officer.
  • The decision recognizes the importance of the continuity of ST’s strategy, execution and value proposition under Mr. Chery’s leadership.

EQS-News: Sixth exit in 2023: Mutares has sold SABO-Maschinenfabrik GmbH to SABO Holding GmbH

Retrieved on: 
Saturday, September 16, 2023

Munich, September 13, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has sold SABO-Maschinenfabrik GmbH to SABO Holding GmbH.

Key Points: 
  • Munich, September 13, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has sold SABO-Maschinenfabrik GmbH to SABO Holding GmbH.
  • SABO-Maschinenfabrik GmbH is one of the leading brands of high-quality lawn mowers and garden care products for private and commercial customers in Europe.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

EQS-News: Mutares positions newly formed FerrAl United Group as global automotive supplier

Retrieved on: 
Tuesday, September 5, 2023

25 locations worldwide planned

Key Points: 
  • 25 locations worldwide planned
    Munich, September 5, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) is announcing the formation of another globally active automotive supplier operating under the name FerrAl United.
  • FerrAl United will operate at approximately 25 locations worldwide with more than EUR 1 billion in revenues.
  • FerrAl United, as a newly formed specialist for ferrous and aluminium-based castings, forgings and machined components and assemblies for the automotive and transport market within the Mutares Automotive & Mobility segment, will have a significant role in its future growth development.
  • Johannes Laumann, CIO of Mutares, comments: "FerrAl United is the second large and long-pursued project with lighthouse character after Amaneos' newly formed wholly-owned subsidiary in March this year.

EQS-News: Mutares has successfully completed the acquisition of SELZER Group from INDUS

Retrieved on: 
Monday, September 4, 2023

Munich, September 4, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of SELZER Group from INDUS.

Key Points: 
  • Munich, September 4, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of SELZER Group from INDUS.
  • Mutares plans to accelerate the growth of SELZER Group by redesigning the operational structures and processes and positioning the company as an assembly specialist.
  • As the portfolio grows, so do consulting revenues, which together with portfolio dividends and exit proceeds accrue to the Mutares Holding.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

EQS-News: Mutares has successfully completed the acquisition of Recover Nordic Oy from Recover Group

Retrieved on: 
Friday, September 1, 2023

Munich, September 1, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Recover Nordic Oy from Recover Group.

Key Points: 
  • Munich, September 1, 2023 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has successfully completed the acquisition of Recover Nordic Oy from Recover Group.
  • Recover Nordic Oy is a leading provider of property remediation services related to, for example, water and fire damages, odour, disinfection, and moisture.
  • Headquartered in Vantaa, and operating through its 19 branches, Recover Nordic Oy is able to reach ca.
  • The shares of Mutares SE & Co. KGaA are traded on the Regulated Market of the Frankfurt Stock Exchange under the symbol "MUX" (ISIN: DE000A2NB650).

EQS-News: Francotyp-Postalia Holding AG: FP shows renewed growth in both software and franking business in the first half of 2023

Retrieved on: 
Thursday, August 31, 2023

The renewed growth in the two business areas Digital Business Solutions and Mailing, Shipping & Office Solutions reflects the ongoing work on the FUTURE@FP transformation program.

Key Points: 
  • The renewed growth in the two business areas Digital Business Solutions and Mailing, Shipping & Office Solutions reflects the ongoing work on the FUTURE@FP transformation program.
  • Earnings before interest, taxes, depreciation and amortization (EBITDA) reached EUR 15.3 million, compared with EUR 16.3 million in the prior-year period.
  • Free cash flow amounted to EUR 5.5 million compared to EUR 7.4 million in the prior-year period.
  • FP continues the implementation of new hardware and software started in the first quarter of 2023.

EQS-News: tokentus investment AG announces a non-cash impairment of an investment

Retrieved on: 
Wednesday, August 23, 2023

Frankfurt am Main, 23 August 2023 – The Management Board of tokentus investment AG (ISIN: DE000A3CN9R8; WKN: A3CN9R; symbol: 14D) decided to make a non-cash, unscheduled and full write-down on its investment in TRALITY GmbH, Wien, as of June 30th, 2023.

Key Points: 
  • Frankfurt am Main, 23 August 2023 – The Management Board of tokentus investment AG (ISIN: DE000A3CN9R8; WKN: A3CN9R; symbol: 14D) decided to make a non-cash, unscheduled and full write-down on its investment in TRALITY GmbH, Wien, as of June 30th, 2023.
  • The non-cash charge on tokentus investment AG’s interim financial statement as of June 30th, 2023, amounts to € 179.588,61.
  • The reason for the complete write-down is the opening of bankruptcy proceedings from August 19, 2023, by the competent commercial court in Vienna.
  • TRALITY GmbH can no longer meet its current payment obligations.