Rex International Holding

Argo Group Confirms Withdrawal of Nominations by Capital Returns Master

Retrieved on: 
Monday, December 12, 2022

Argo Group International Holdings, Ltd. (NYSE: ARGO) (Argo or the Company) today confirmed that Capital Returns Master, Ltd. has withdrawn its nomination of candidates Ronald Bobman and David Michelson, who Capital Returns Master previously nominated to stand for election to the Argo Board of Directors in connection with the Companys 2022 Annual Meeting of Shareholders, which will be held on December 15, 2022.

Key Points: 
  • Argo Group International Holdings, Ltd. (NYSE: ARGO) (Argo or the Company) today confirmed that Capital Returns Master, Ltd. has withdrawn its nomination of candidates Ronald Bobman and David Michelson, who Capital Returns Master previously nominated to stand for election to the Argo Board of Directors in connection with the Companys 2022 Annual Meeting of Shareholders, which will be held on December 15, 2022.
  • Argo issued the following statement:
    The Argo Board and management team will continue to maintain an ongoing dialogue with its shareholders.
  • Argo has a highly qualified, fully engaged and significantly refreshed Board, and we will continue to take actions to maximize value for our shareholders.
  • About Argo Group International Holdings, Ltd.
    Argo Group International Holdings, Ltd. (NYSE: ARGO) is an underwriter of specialty insurance products in the property and casualty market.

Argo Group Highlights Comprehensive Ongoing Strategic Review Process in Letter to Shareholders

Retrieved on: 
Wednesday, November 16, 2022

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20221115006605/en/
    In the letter Argo details the comprehensive ongoing strategic review process the Argo Board of Directors (the Board) is undertaking to evaluate a range of alternatives, including a potential sale of the whole Company.
  • Argo is confident the strategic review process is best overseen by the Argo Board of Directors and its Strategic Review Committee, not by Capital Returns nominees.
  • Your Boards nominees are all essential in overseeing our progress as we continue the strategic review process.
  • We believe the strategic review process is best overseen by the Argo Board of Directors and its Strategic Review Committee, not Capital Returns nominees.

Turquoise Hill Announces Agreement in Principle with Rio Tinto for Transaction at C$43 per share in Cash

Retrieved on: 
Thursday, September 1, 2022

Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill or the Company), today announced that it has reached an agreement in principle and entered into a term sheet with Rio Tinto International Holdings Ltd. ("Rio Tinto") in respect of a transaction whereby Rio Tinto would acquire the approximately 49% of the issued and outstanding shares of Turquoise Hill that Rio Tinto does not currently own for C$43 per share in cash (the Transaction).

Key Points: 
  • Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill or the Company), today announced that it has reached an agreement in principle and entered into a term sheet with Rio Tinto International Holdings Ltd. ("Rio Tinto") in respect of a transaction whereby Rio Tinto would acquire the approximately 49% of the issued and outstanding shares of Turquoise Hill that Rio Tinto does not currently own for C$43 per share in cash (the Transaction).
  • The Transaction is the result of extensive negotiations between the Special Committee of independent directors (the Special Committee) of Turquoise Hill and Rio Tinto that took place following the receipt on August 24, 2022 of an improved non-binding proposal from Rio Tinto of C$40 per share.
  • The Transaction implies an equity value for Turquoise Hill of approximately C$8.7 billion, on a fully-diluted in-the-money basis.
  • Also, I want to acknowledge the good faith efforts by Rio Tinto in negotiating with the Special Committee to come to this agreement in principle.

Argo Group Board of Directors Announces Exploration of Strategic Alternatives to Maximize Shareholder Value

Retrieved on: 
Thursday, April 28, 2022

Argo Group International Holdings, Ltd. (NYSE: ARGO) (Argo or the Company) today announced that its board of directors has initiated an exploration of strategic alternatives.

Key Points: 
  • Argo Group International Holdings, Ltd. (NYSE: ARGO) (Argo or the Company) today announced that its board of directors has initiated an exploration of strategic alternatives.
  • The board believes now is an opportune time to explore a range of potential strategic alternatives to maximize shareholder value.
  • There can be no assurance that this process will result in the company pursuing a particular transaction or other strategic outcome.
  • ABOUT ARGO GROUP INTERNATIONAL HOLDINGS, LTD.
    Argo Group International Holdings, Ltd. (NYSE: ARGO) is an underwriter of specialty insurance products in the property and casualty market.

Archrock to Partner with ECOTEC on Methane Emissions Management

Retrieved on: 
Monday, April 25, 2022

HOUSTON, April 25, 2022 (GLOBE NEWSWIRE) -- Archrock, Inc.(NYSE:AROC) (Archrock) today announced that it has agreed to acquire for cash a minority equity stake in Ecotec International Holdings, LLC (ECOTEC), a global leader in methane emissions monitoring and management.

Key Points: 
  • HOUSTON, April 25, 2022 (GLOBE NEWSWIRE) -- Archrock, Inc.(NYSE:AROC) (Archrock) today announced that it has agreed to acquire for cash a minority equity stake in Ecotec International Holdings, LLC (ECOTEC), a global leader in methane emissions monitoring and management.
  • ECOTEC provides a comprehensive ecosystem of methane solutions for its customers, helping them identify, quantify and manage their emissions.
  • The combination of cutting-edge instrumentation and software provides accurate and directly measured emissions data, which is auditable by third-party organizations.
  • Tim Novick, President and Chief Executive Officer of ECOTEC, said, We are thrilled to partner with Archrock as an increasing number of oil and gas companies commit to thoughtful ESG strategies to measure and reduce their methane emissions.

ECOTEC Announces Strategic Investment by Intrepid Investment Management

Retrieved on: 
Thursday, February 3, 2022

Ecotec International Holdings, LLC (ECOTEC), a global leader in methane emissions monitoring, is pleased to announce a strategic investment by funds managed by Intrepid Investment Management, LLC, the investing arm of Intrepid Financial Partners, L.L.C.

Key Points: 
  • Ecotec International Holdings, LLC (ECOTEC), a global leader in methane emissions monitoring, is pleased to announce a strategic investment by funds managed by Intrepid Investment Management, LLC, the investing arm of Intrepid Financial Partners, L.L.C.
  • Intrepid is a leading energy-focused merchant bank with over 50 employees, and expertise in upstream, midstream, downstream, oilfield services and energy transition.
  • Intrepid is a merchant bank that provides investment banking and investing management services.
  • Intrepids investment management business makes principal debt and equity investments through its managed funds.

Lukka Exceeds Billion-Dollar Milestone in Latest Fundraise

Retrieved on: 
Friday, January 14, 2022

As crypto assets and blockchain redefine global commerce, Lukka is building the infrastructure for this future.

Key Points: 
  • As crypto assets and blockchain redefine global commerce, Lukka is building the infrastructure for this future.
  • This capital injection enables Lukka to accelerate its aggressive growth and global expansion strategy.
  • To date, Lukka has processed more than $2.1 trillion unique transactions supporting 10,415 entities engaging in crypto activities.
  • Founded in 2014, Lukka serves the largest digital asset institutions with middle and back-office software & data solutions.

CHNC Announces a New Member of Its Board of Directors

Retrieved on: 
Wednesday, October 20, 2021

Nevertheless, this position will not remain empty and has been filled with one of the teams responsible architects of International Strategic Alliances.

Key Points: 
  • Nevertheless, this position will not remain empty and has been filled with one of the teams responsible architects of International Strategic Alliances.
  • We are pleased to announce that we will be welcoming one of our very best as a member of our Board of Directors, Anne Marie Graham, Attorney at Law and CHNCs Director of International Markets, says Henry Levinski, CHNCs Treasurer.
  • Since her arrival at CHNC she has contributed to the Company her years of business acumen, as well as her experience as a corporate lawyer, developing partnerships with international academic institutions.
  • Previous to her new responsibilities, she was in charge of the well-known Cannabis World Journals magazine.