MCI Capital

The Netrisk Group and Bauer Media Complete Merger of Online Comparison Businesses in Central and Eastern Europe

Retrieved on: 
Monday, December 4, 2023
Software, Media, Online, Entertainment, Internet, Books, Apps, Applications, Technology, Digital Marketing, Publishing, TV and Radio, Marketing, Communications, OCP, Bauer Media Group, TA Associates, MCI, Trust, MCI Capital, Partnership, Total, TAM, Workplace, CEE, Cryptocurrency

Today, the Netrisk Group (“Netrisk”) and Bauer Media Group, announced the successful completion of the merger combining their Online Comparison Platform (OCP) businesses in Central and Eastern Europe (CEE).

Key Points: 
  • Today, the Netrisk Group (“Netrisk”) and Bauer Media Group, announced the successful completion of the merger combining their Online Comparison Platform (OCP) businesses in Central and Eastern Europe (CEE).
  • This transaction marks the creation of a leading OCP business across six countries in the CEE region, operating together as the Netrisk Group.
  • The transaction has received all required regulatory approvals, establishing Bauer Media Group as a significant strategic partner to the Netrisk Group, with a substantial non-majority stake in the overall business.
  • “We are thrilled to welcome Bauer Media Group, represented by Paul Keenan and Vivian Mohr, to our shareholder group as we embark on this exciting journey,” said Robert Sokolowski, Netrisk Group CEO.

MCI Capital, LC Announces Completion and Closing of Cash Tender Offer for Ordinary Shares of Atento S.A.

Retrieved on: 
Wednesday, January 11, 2023
IOWA, MCI, MCI Capital, Investment, NYSE, Cryptocurrency, Food industry, Atento

IOWA CITY, Iowa, Jan. 11, 2023 (GLOBE NEWSWIRE) -- MCI Capital, LC (“MCI”), a wholly owned subsidiary of MCI, LC, announced today the completion and closing of its previously announced cash tender offer to purchase up to 1,525,000 ordinary shares of Atento S.A. ( NYSE:ATTO ) (“Atento”) at a purchase price of $5.00 per share, which expired at 5:00 p.m., New York City time, on January 9, 2023.

Key Points: 
  • IOWA CITY, Iowa, Jan. 11, 2023 (GLOBE NEWSWIRE) -- MCI Capital, LC (“MCI”), a wholly owned subsidiary of MCI, LC, announced today the completion and closing of its previously announced cash tender offer to purchase up to 1,525,000 ordinary shares of Atento S.A. ( NYSE:ATTO ) (“Atento”) at a purchase price of $5.00 per share, which expired at 5:00 p.m., New York City time, on January 9, 2023.
  • As of the expiration, 519,390 shares had been validly tendered and not validly withdrawn, representing approximately ~3.4% of Atento’s outstanding ordinary shares as of November 30, 2022.
  • MCI had accepted for payment, and promptly paid for, all 519,390 validly tendered shares.
  • We see incredible potential upside in Atento, and look forward to meeting the team,” said Anthony Marlowe , MCI CEO.

MCI Capital, LC Announces the Final Results and Closing of Cash Tender Offer for Shares of Common Stock of StarTek, Inc.

Retrieved on: 
Tuesday, January 10, 2023
IOWA, MCI, MCI Capital, NYSE, Cryptocurrency

The tender offer fully closed on January 9th, 2023.

Key Points: 
  • The tender offer fully closed on January 9th, 2023.
  • MCI has accepted for payment, at a purchase price of $4.20 per share, and promptly paid $12,350,713.20 for, all 2,940,646 shares of common stock that were validly tendered and not validly withdrawn pursuant to the Offer.
  • After giving effect to this transaction, MCI and its affiliates beneficially own approximately ~7.3% of StarTek’s outstanding shares of common stock as of October 31, 2022.
  • “During our strategic CX BPO investment search, we found a great fit in StarTek, and look forward to being a material shareholder," said Anthony Marlowe , MCI CEO.

MCI Capital, LC Announces the Preliminary Results of Cash Tender Offer for Shares of Common Stock of StarTek, Inc.

Retrieved on: 
Thursday, January 5, 2023
IOWA, NYSE, MCI, MCI Capital, Security (finance)

Based on the preliminary count by the depositary for the offer, 2,940,646 shares were validly tendered and not validly withdrawn, including 9,700 Shares that were tendered by notice of guaranteed delivery.

Key Points: 
  • Based on the preliminary count by the depositary for the offer, 2,940,646 shares were validly tendered and not validly withdrawn, including 9,700 Shares that were tendered by notice of guaranteed delivery.
  • The number of shares validly tendered and not validly withdrawn pursuant to the tender offer satisfied the minimum tender condition, and all other conditions to the offer were satisfied or waived.
  • The total of 2,940,646 shares that MCI expects to accept for purchase represents approximately 7.3% of StarTek’s outstanding shares of common stock as of October 31, 2022.
  • Payment for shares accepted for purchase under the offer will occur promptly thereafter.

MCI Capital, LC Waives Minimum Condition of Cash Tender Offer for Ordinary Shares of Atento S.A.; Extends Expiration Date

Retrieved on: 
Tuesday, January 3, 2023
IOWA, S.A, MCI Capital, Tender, Schedule, Personal Information Agent, NYSE, Letter, MCI, Cryptocurrency, Atento

The tender offer was previously scheduled to expire at 5:00 p.m., New York City time, on December 30, 2022.

Key Points: 
  • The tender offer was previously scheduled to expire at 5:00 p.m., New York City time, on December 30, 2022.
  • MCI has waived the minimum condition of the offer, which conditioned the offer on the tender of 775,000 shares validly tendered and not withdrawn.
  • As previously announced, if more than 1,525,000 shares are tendered in the tender offer, then, subject to the terms and conditions of the tender offer, MCI will purchase shares from shareholders who properly tender shares on a pro rata basis based on the aggregate number of shares tendered.
  • THE TENDER OFFER MATERIALS (INCLUDING THE OFFER TO PURCHASE, RELATED LETTER OF TRANSMITTAL AND CERTAIN OTHER TENDER OFFER DOCUMENTS) AND THE SOLICITATION/RECOMMENDATION STATEMENT CONTAIN IMPORTANT INFORMATION THAT SHOULD BE READ CAREFULLY AND CONSIDERED BY ATENTO'S SHAREHOLDERS BEFORE ANY DECISION IS MADE WITH RESPECT TO THE TENDER OFFER.

MCI Capital, LC Announces Extension of Offer Period for Cash Tender Offer for Shares of Common Stock of StarTek, Inc.

Retrieved on: 
Thursday, December 15, 2022
MCI, Annual report, NYSE, Personal Information Agent, IOWA, Tender, Schedule, CX, BPO, MCI Capital, Cryptocurrency, Security (finance)

The tender offer was previously scheduled to expire at 12:00 midnight, New York City time, at the end of the day on December 20, 2022.

Key Points: 
  • The tender offer was previously scheduled to expire at 12:00 midnight, New York City time, at the end of the day on December 20, 2022.
  • To date no shares of StarTek common stock have been deposited in response to the tender offer.
  • As previously announced, if more than 4,000,000 shares are tendered in the tender offer, then, subject to the terms and conditions of the tender offer, MCI will purchase shares from shareholders who properly tender shares on a pro rata basis based on the aggregate number of shares tendered.
  • The tender offer is conditioned upon, among other things, a minimum of 2,000,000 shares being validly tendered and not withdrawn in accordance with its terms.

MCI Capital, LC Announces Extension of Offer Period for Cash Tender Offer for Ordinary Shares of Atento S.A.

Retrieved on: 
Thursday, December 15, 2022
MCI, Annual report, NYSE, Letter, Personal Information Agent, IOWA, Tender, Schedule, CX, BPO, MCI Capital, Cryptocurrency, Security (finance), Atento

To date no ordinary shares of Atento have been deposited in response to the tender offer.

Key Points: 
  • To date no ordinary shares of Atento have been deposited in response to the tender offer.
  • As previously announced, if more than 1,525,000 shares are tendered in the tender offer, then, subject to the terms and conditions of the tender offer, MCI will purchase shares from shareholders who properly tender shares on a pro rata basis based on the aggregate number of shares tendered.
  • This press release does not constitute an offer to buy or solicitation of an offer to sell any ordinary shares of Atento or any other securities.
  • Atento shareholders are able to obtain the Tender Offer Statement and other filed documents for free at the SEC’s website at www.sec.gov .

MCI Capital, LC Announces Commencement of Cash Tender Offer for Ordinary Shares of Atento S.A.

Retrieved on: 
Friday, November 18, 2022
MCI, Tender, MCI Capital, Annual report, Schedule, IOWA, NYSE, BPO, Personal Information Agent, CX, Security (finance), Atento

IOWA CITY, Iowa, Nov. 18, 2022 (GLOBE NEWSWIRE) -- MCI Capital, LC (MCI), a wholly owned subsidiary of MCI, LC, announced today that it is commencing a cash tender offer to purchase up to 1,525,000 ordinary shares of Atento S.A. ( NYSE:ATTO ) (Atento) at a purchase price of $5.00 per share.

Key Points: 
  • IOWA CITY, Iowa, Nov. 18, 2022 (GLOBE NEWSWIRE) -- MCI Capital, LC (MCI), a wholly owned subsidiary of MCI, LC, announced today that it is commencing a cash tender offer to purchase up to 1,525,000 ordinary shares of Atento S.A. ( NYSE:ATTO ) (Atento) at a purchase price of $5.00 per share.
  • If more than 1,525,000 shares are tendered in the tender offer, then, subject to the terms and conditions of the tender offer, MCI will purchase shares from shareholders who properly tender shares on a pro rata basis based on the aggregate number of shares tendered.
  • The tender offer for the ordinary shares of Atento referenced in this press release is being commenced on November 18, 2022.
  • This press release does not constitute an offer to buy or solicitation of an offer to sell any ordinary shares of Atento or any other securities.

Tender Offer - Communication

Retrieved on: 
Tuesday, November 22, 2022
Intellectual property, Exchange, Human, Health, Digital, Tender, Gartner, MCI Capital, AND, Risk, Workforce, MCI, CRM, The Last Best Place, NYSE, Tender offer, Mount Everest, Schedule, S.A, COVID-19, Special-purpose acquisition company, Bankruptcy, Magic Quadrant, LC, Telecommunication, Cryptocurrency, Security (finance), Atento

The Board of Directors of the Company is evaluating the Tender Offer and determining whether it will recommend that stockholders accept or reject the Tender Offer, or whether it expresses no opinion and remains neutral toward the Tender Offer.

Key Points: 
  • The Board of Directors of the Company is evaluating the Tender Offer and determining whether it will recommend that stockholders accept or reject the Tender Offer, or whether it expresses no opinion and remains neutral toward the Tender Offer.
  • The Company's stockholders are advised to take no action at this time pending the review of the Tender Offer by the Board.
  • This press release does not constitute an offer to buy or solicitation of an offer to sell any securities.
  • The Company will file a solicitation/recommendation statement on Schedule 14D-9 relating to the Tender Offer with the U.S. Securities and Exchange Commission ("SEC").

Papaya Global to Acquire Digital Cross-Border Payments Service Azimo, Making Payments Instant and Unbound by Geography

Retrieved on: 
Monday, March 28, 2022
World Bank, MCI Capital, Organization, Financial Conduct Authority, European Investment Bank, Customs, MCI, HM Customs and Excise, Compliance, Geography, Software as a service, De Nederlandsche Bank, Technology, Papaya, Time, TEL, AUSTRAC, Azimo, HRIS, Acquisition, Bank, Online shopping, Property management

TEL AVIV, Israel and LONDON, March 28, 2022 /PRNewswire/ -- Papaya Global, the global people management platform for the remote working era, announced today that it has agreed to acquire Azimo, the global digital cross-border payments service, making it possible to pay employees almost instantly regardless of geography and typical payroll limitations.

Key Points: 
  • TEL AVIV, Israel and LONDON, March 28, 2022 /PRNewswire/ -- Papaya Global , the global people management platform for the remote working era, announced today that it has agreed to acquire Azimo , the global digital cross-border payments service, making it possible to pay employees almost instantly regardless of geography and typical payroll limitations.
  • "Payroll payments made easy regardless of geography are what set us apart from other technology vendors, and this acquisition will make it possible for companies to make instant payments to their global teams," said Eynat Guez, Papaya Global CEO and co-founder.
  • Papaya Global powers global hiring through enabling people, payroll, and payment management for organizations in over 160 countries.
  • When companies want to remove barriers to global hiring, enhance engagement, and optimize employee experience at the same time - they call Papaya Global.