PINE GROVE

SVB Financial Group Enters into Definitive Agreement for the Sale of SVB Capital

Retrieved on: 
Friday, May 3, 2024

SAN FRANCISCO, May 2, 2024 /PRNewswire/ -- SVB Financial Group (Pink Sheets: SIVBQ) today announced that it has entered into a definitive agreement under which a newly created entity affiliated with Pinegrove Capital Partners ("Pinegrove") and backed by permanent capital from Brookfield Asset Management ("Brookfield") and Sequoia Heritage, will acquire the Company's investment platform business, SVB Capital. Under the terms of the agreement, SVB Capital would be acquired for a combination of cash and other economic consideration.

Key Points: 
  • Under the terms of the agreement, SVB Capital would be acquired for a combination of cash and other economic consideration.
  • On May 2, 2024, SVB Financial Group filed a motion seeking the Court's authorization to approve buyer protections for the Pinegrove affiliate and consummate a sale of the SVB Capital business.
  • The transaction is supported by SVB Financial Group and key creditor groups, including the Official Committee of Unsecured Creditors, the Ad Hoc Group of Senior Noteholders and the Ad Hoc Cross-Holder Group.
  • Centerview Partners LLC is serving as financial advisor, Sullivan & Cromwell LLP is serving as legal counsel and Alvarez & Marsal is serving as the restructuring advisor to SVB Financial Group as debtor-in-possession.

New Aussie musical Bloom misses an opportunity to interrogate the gaps in aged care – and in our social fabric

Retrieved on: 
Thursday, August 3, 2023

As both Rose and Finn settle into their new accommodation, we meet the eclectic residents of the home and two dedicated care staff.

Key Points: 
  • As both Rose and Finn settle into their new accommodation, we meet the eclectic residents of the home and two dedicated care staff.
  • Ruby (Vidya Makan) gave up her communications degree at uni for a job that allowed her to do something more meaningful.
  • Ruby asks herself in song if “maybe it’s time”, contemplating leaving Pine Grove and commencing a masters degree in aged care.
  • Resident Sal (Eddie Muliaumaseali’i) silently looks through old photos to connect with his past and the remnants of his past self.

Dismissing the rights of older Australians

    • The final report of a Royal Commission into Aged Care and Safety exposed the deep chasms in the sector.
    • It tabled 148 recommendations to parliament in 2021 and has led to significant legislative reform.
    • The suggestion by Mrs MacIntyre is that she is “having a little turn” during her complaints: a moment of insight into how easily we have dismissed the rights of older Australians to exercise choice and be heard on matters that impact them.

Stark realities and missed opportunities

    • In the scene, Finn reflects that Ruby seems very comfortable with death.
    • She responds that both her grandparents lived at her home and she was present when they died.
    • This scene at Rose’s bedside is a good representation of the missed opportunity in Bloom to starkly represent the realities of our aged care system and our dominant cultural approach to end-of-life care in this country.
    • Unfortunately, Bloom seems too afraid of its own subject material to truly tackle these issues and reflect their realities back to us.

Fortune Brands Acquires Solar Innovations; Further Expands Its Outdoor Living Offerings

Retrieved on: 
Tuesday, February 1, 2022

Its complementary product offerings will support the segments outdoor living strategy and help Fortune Brands to further capitalize on the attractive outdoor living space and outdoor living trends.

Key Points: 
  • Its complementary product offerings will support the segments outdoor living strategy and help Fortune Brands to further capitalize on the attractive outdoor living space and outdoor living trends.
  • The acquisition of Solar Innovations is aligned with our long-term strategic focus on the fast-growing outdoor living space.
  • With Solar Innovations technical expertise and R&D strength, we can accelerate our innovation and premium door offerings to help drive above-market share gains, said Nicholas Fink, chief executive officer, Fortune Brands.
  • With the backing of Fortune Brands and our Fortune Brands Advantage capabilities, we can add value for all of our stakeholders.

PA FOAL WATCH 2022: LIVE FOAL CAM OFFERS THE OPPORTUNITY TO SEE NEXT GENERATION OF CHAMPION RACEHORSES BEING BORN

Retrieved on: 
Tuesday, January 18, 2022

Now through the end of April, the Pennsylvania Horse Racing Association (PHRA) is giving adults and kids across the Commonwealth an educational opportunity to watch what could be the next generation of champion racehorses being born through its free, live foal cams .

Key Points: 
  • Now through the end of April, the Pennsylvania Horse Racing Association (PHRA) is giving adults and kids across the Commonwealth an educational opportunity to watch what could be the next generation of champion racehorses being born through its free, live foal cams .
  • The foal cams are streamed live from Pine Grove-based Blackstone Farm, where 60 expectant mares are expected to give birth from now through the spring.
  • Elementary school teachers who are interested in bringing this virtual educational activity into their classroom can register for more information at https://pennhorseracing.com/foalcams-education .
  • In addition to the foal cams, the PHRA websiteincludes breeding basics, videos, interactive polls and gender reveals.

Top U.S. Homebuilder Announces Grand Opening in Fast-Growing Parker, CO

Retrieved on: 
Thursday, July 29, 2021

Located along Parker's vibrant Mainstreet, Enclave at Pine Grove gives residents prime access to shopping and dining in historic downtown Parker, plus close proximity to the city's extensive park and trail system.

Key Points: 
  • Located along Parker's vibrant Mainstreet, Enclave at Pine Grove gives residents prime access to shopping and dining in historic downtown Parker, plus close proximity to the city's extensive park and trail system.
  • The Denver Tech Center (DTC), downtown Denver and Denver International Airport (DIA) are also just a short drive away.
  • Interested homebuyers and agents are invited to visit the community to tour the model and explore available homes.
  • More About Enclave at Pine Grove:
    Open-concept layouts with well-appointed kitchens, private home offices, spacious lofts (select plans) and more
    Options (depending on plan): covered patios, extended kitchens, chef's kitchens, main-floor bedrooms, finished basements with media rooms and more

CSE Bulletin: New Listing - Emperor Metals Inc. (AUOZ)

Retrieved on: 
Friday, July 23, 2021

Toronto, Ontario--(Newsfile Corp. - Le 23 juillet/July 2021) - The common shares of Emperor Metals Inc. have been approved for listing on the CSE.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - Le 23 juillet/July 2021) - The common shares of Emperor Metals Inc. have been approved for listing on the CSE.
  • Listing and disclosure documents will be available at www.thecse.com on the trading date.
  • Les actions ordinaires de Emperor Metals Inc. ont t approuves pour inscription la CSE.
  • Les documents de cotation et d'information seront disponibles sur www.thecse.com la date de ngociation.

InventHelp Inventor Develops Cooling Safety System (LCC-5135)

Retrieved on: 
Friday, April 9, 2021

He developed THE RYDER AUTO SAFETY FAN to provide enhanced safety and peace of mind by automatically ventilating and cooling the vehicle's interior.

Key Points: 
  • He developed THE RYDER AUTO SAFETY FAN to provide enhanced safety and peace of mind by automatically ventilating and cooling the vehicle's interior.
  • This invention could prevent the interior of the vehicle from overheating to reduce the incidence of children and pets suffering hyperthermia and possibly dying.
  • The original design was submitted to the Lancaster sales office of InventHelp.
  • 19-LCC-5135, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext.

InventHelp Inventor Develops Cooling Safety System (LCC-5135)

Retrieved on: 
Friday, March 19, 2021

He developed THE RYDER AUTO SAFETY FAN to provide enhanced safety and peace of mind by automatically ventilating and cooling the vehicle's interior.

Key Points: 
  • He developed THE RYDER AUTO SAFETY FAN to provide enhanced safety and peace of mind by automatically ventilating and cooling the vehicle's interior.
  • This invention could prevent the interior of the vehicle from overheating to reduce the incidence of children and pets suffering hyperthermia and possibly dying.
  • The original design was submitted to the Lancaster sales office of InventHelp.
  • 19-LCC-5135, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext.

Lear's Pine Grove Facility Manufactures Over 4 Million Face Masks

Retrieved on: 
Thursday, March 4, 2021

SOUTHFIELD, Mich., March 4, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has manufactured and distributed more than 4 million face masks from its Pine Grove, Pa., facility since the outset of the COVID-19 pandemic.

Key Points: 
  • SOUTHFIELD, Mich., March 4, 2021 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has manufactured and distributed more than 4 million face masks from its Pine Grove, Pa., facility since the outset of the COVID-19 pandemic.
  • Lear installed mask-making equipment at the facility in 2020, in response to the COVID-19 crisis, with capacity available to make 600,000 units per week.
  • From Pine Grove, Lear has distributed masks to distributors, schools, hospitals, civic departments, non-profits and company employees.
  • Given the aims of the recent Executive Order on Sustainable Public Health Supply Chain to build long-term capability in the United States to manufacture medical supplies for health care crises, the Pine Grove facility continues to be ready to supply domestic customers with locally made face masks.