Valuation

AngloGold Ashanti Signs Definitive Agreement to Acquire Corvus and Consolidate the Beatty District of Nevada

Retrieved on: 
Monday, September 13, 2021
AND, Cravath, Swaine & Moore, Mineral, LLP, Jerritt Elliott, Report of the Special Committee on the Termination of the National Emergency, Corvus (boarding device), Resource management, AngloGold Ashanti, U.S. Securities and Exchange Commission, Gold, Shareholder, Minority, Canada Business Corporations Act, A Feasibility Study, Annual report, Communication, RBC Capital Markets, Dorsey, Name, GLOBE, AS, Transaction, Dorsey & Whitney, Security (finance), Committee, Proxy, Blackwell, THE, TSX, SEC, Goal, Oxford Road, Multilateral, Reading, Feasibility study, Toronto Stock Exchange, Schedule, SEDAR, Valuation, Review, BMO Capital Markets, WHEN, Beatty, ANY, MI, EDGAR, Special, Stikeman Elliott, Cryptocurrency, Health insurance, Renewable energy, Management, Bank, Mining, Audit

Alberto Calderon, AngloGold Ashantis Chief Executive Officer and Executive Director, said:

Key Points: 
  • Alberto Calderon, AngloGold Ashantis Chief Executive Officer and Executive Director, said:
    We are pleased to reach an agreement with Corvus that we believe is value enhancing for all stakeholders.
  • This transaction delivers a compelling, district-wide consolidation in Nevada, which allows for the Beatty District to become a potential Tier 1 asset for AngloGold Ashanti.
  • AngloGold Ashanti has been a supportive shareholder of Corvus since its inception and has supported us in our capital raising needs along the way.
  • An early warning report will be filed by AngloGold Ashanti with applicable Canadian securities regulatory authorities and will be available on Corvus SEDAR profile at www.sedar.com or may be obtained from the AngloGold Ashanti by contacting AngloGold Ashanti Investor Relations at [email protected] .

Mr. Cooper Announces Sale of Xome Valuations

Retrieved on: 
Monday, August 23, 2021
Residential Building & Real Estate, Construction & Property, Professional Services, Finance, CEO, Valuation, Sale, COOP, NASDAQ, Growth, Security (finance)

Mr. Cooper Group Inc. (Mr. Cooper) announced today that it has entered into a definitive agreement to sell its Xome Valuations business to Voxtur Analytics Corp. (Voxtur).

Key Points: 
  • Mr. Cooper Group Inc. (Mr. Cooper) announced today that it has entered into a definitive agreement to sell its Xome Valuations business to Voxtur Analytics Corp. (Voxtur).
  • The sale is expected to close in the third quarter of 2021, subject to customary conditions.
  • Mr. Cooper Group Inc. (NASDAQ: COOP) provides quality servicing, origination and transaction-based services related principally to single-family residences throughout the United States with operations under its primary brands: Mr. Cooper and Xome.
  • Mr. Cooper is one of the largest home loan servicers in the country focused on delivering a variety of servicing and lending products, services and technologies.

B. Riley Financial Acquires 272 Capital

Retrieved on: 
Wednesday, August 4, 2021
Asset management, Management accounting, Valuation, Draft:B. Riley Financial

LOS ANGELES, Aug. 4, 2021 /PRNewswire/ --B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), a diversified provider of business advisory and financial services, today announced it has acquired the investment advisory business of 272 Capital L.P.

Key Points: 
  • LOS ANGELES, Aug. 4, 2021 /PRNewswire/ --B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), a diversified provider of business advisory and financial services, today announced it has acquired the investment advisory business of 272 Capital L.P.
    "Expanding our asset management base remains one of our highest priorities."
  • Bryant Riley, Chairman and Co-Chief Executive Officer of B. Riley Financial, said: "Expanding our asset management base remains one of our highest priorities.
  • Wes and the talented team at 272 Capital have established a successful small cap investment strategy that has yielded strong returns in its first year.
  • B. Riley Financial provides collaborative solutions tailored to fit the capital raising and business advisory needs of its clients and partners.

Modiv Inc. Announces 5.9% Quarterly Increase in NAV

Retrieved on: 
Wednesday, August 4, 2021
Finance, Money, GIC, NAV, Financial economics, Economy, Net asset value, Investment funds, Valuation

These transactions demonstrate our operational capabilities as we strive to maximize the value of our portfolio, increase the NAV and execute on our strategic growth plan.

Key Points: 
  • These transactions demonstrate our operational capabilities as we strive to maximize the value of our portfolio, increase the NAV and execute on our strategic growth plan.
  • The new estimated per share NAV has been approved by the Companys board of directors, including its independent directors.
  • The estimated NAV does not reflect any portfolio premium, nor does it reflect an enterprise value for the Company.
  • Modiv provides individual investors access to real estate and real estate-related investments designed to provide both income and long-term growth.

Wikileaf Announces Sale of Digital Assets to Hifyre™ and Fire & Flower

Retrieved on: 
Wednesday, August 4, 2021
Articles, Economy, Finance, Corporate finance, Business intelligence, Human resource management, Mergers and acquisitions, Valuation, Analytics, Electronic Arts, Retail

We are pleased to announce this transaction with Hifyre and Fire & Flower, one of the cannabis industrys most rapidly growing retail technology platforms, stated Connor Cruise, Wikileaf Chair and Interim CEO.

Key Points: 
  • We are pleased to announce this transaction with Hifyre and Fire & Flower, one of the cannabis industrys most rapidly growing retail technology platforms, stated Connor Cruise, Wikileaf Chair and Interim CEO.
  • The combination of Wikileafs digital assets and Hifyres proprietary cannabis digital retail and analytics platform offers the strongest opportunity to realize the value of Wikileafs operations to drive continued growth for our online platform.
  • Wikileaf has pursued internally generated as well as the evaluation of merger and acquisition opportunities to monetize the value of the Assets.
  • Wikileaf has actively pursued potential merger and acquisition opportunities to monetize the value of the Assets and determined that the sale of the Assets to Fire & Flower represents the best opportunity to maximize the value of the Assets.

Talos Combines Crypto and FX with Latest Addition to its Industry-Leading Digital Asset Execution Platform

Retrieved on: 
Wednesday, August 4, 2021
Foreign exchange companies, Asset management, Management accounting, Valuation, LMAX Group

Non-US clients looking to trade between their home currency and crypto will typically encounter wider if any spreads.

Key Points: 
  • Non-US clients looking to trade between their home currency and crypto will typically encounter wider if any spreads.
  • By marrying FX and digital assets, Talos delivers an efficient, end-to-end solution that effectively gives an investor direct access to a global pool of both FX and crypto liquidity, as well as the ability to move efficiently from asset to asset.
  • Additionally, through Taloss digital asset trading platform, investors can see all active trading counterparties along with available quantities across all supported FX and synthetic markets.
  • Talos provides an institutional-grade technology infrastructure that supports the full lifecycle of digital assets trading, from price discovery to execution through to settlement.

Rising Demand for Cashless Transactions across the Globe to Propel the Growth of the Global Point of Sale Software Market by 2028 - Exclusive Report [229 pages] by Research Dive

Retrieved on: 
Wednesday, August 4, 2021
Valuation, Cash flow, Corporate finance, Forecast period, Marketplace, Trade, Economy, Electronic shelf label, Contemporary history

NEW YORK, Aug. 4, 2021 /PRNewswire/ -- According to the report published by Research Dive, the Global Point of Sale Software Market is expected to generate a revenue of $10,294.9 million by 2028, and grow exponentially at a CAGR of 11.1% during the forecast period (2021-2028).

Key Points: 
  • The global point of sale software market is expected to witness a remarkable growth, owing to the increasing demand for digital payments.
  • These factors are further anticipated to drive the growth of the market during the forecast period.
  • The outbreak of COVID-19 has had a significant impact on the global point of sale software market.
  • By region, the Asia Pacific region is anticipated to dominate the market, generating a revenue of $2,361.7 million during the forecast period.

India Sports Apparel Markets, Competition, Forecast & Opportunities, FY2026: Focus on T-shirts, Sweatshirts, Vests, Track Pants & Tights, Swimsuits, Hoodies, Sports Bra - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 4, 2021
Fashion, Retail, Sports, Manufacturing, General Sports, Textiles, Marketing strategy, Market structure, Cash flow, Corporate finance, Forecast period, Valuation, Marketplace, Market share, Economy, Microeconomics, Market economics)

Also, Indian icons are often self-promoting various sports brands, that drives the Indian Sports Apparel Market growth in the forecast period.

Key Points: 
  • Also, Indian icons are often self-promoting various sports brands, that drives the Indian Sports Apparel Market growth in the forecast period.
  • To estimate and forecast the market size of the Indian Sports Apparel Market from FY2021 to FY2026 and growth rate until FY2026.
  • To classify and forecast the Indian Sports Apparel Market based on product type, end-user, distribution channel, and region.
  • To identify key sustainable strategies adopted by market players in the Indian Sports Apparel Market.

Oliveda International, Inc. (OLVI) Announces Qualification of Subsidiary Regulation A+ Tier 2 Offering

Retrieved on: 
Tuesday, August 3, 2021
World Geographical Scheme for Recording Plant Distributions, Plants, Corporate finance, Stock market, Equity securities, Mediterranean cuisine, Financial economics, Stock, Valuation, Olive

The offering price and shares received by Oliveda International, Inc. were determined, in part, by an internal valuation of Olive Tree People.

Key Points: 
  • The offering price and shares received by Oliveda International, Inc. were determined, in part, by an internal valuation of Olive Tree People.
  • A maximum of 12 million shares of Olive Tree People Inc. common stock will be issued as part of the offering.
  • Even if all shares in the offering are sold, Oliveda International, Inc. will still hold approximately 84% of the Olive Tree People common stock.
  • Through subsidiary operations, Oliveda International is the largest investor in eco-certified mountain olive trees as well as the largest conservationist in Arroyomolinos de Le, Spain.

Bel Fuse Inc. Announces Regular Quarterly Cash Dividend on its Class A and Class B Shares

Retrieved on: 
Tuesday, August 3, 2021
Financial markets, Stock market, Finance, Money, Equity securities, Dividend, Shareholders, Share, Corporate finance, Valuation

JERSEY CITY, N.J., Aug. 03, 2021 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares.

Key Points: 
  • JERSEY CITY, N.J., Aug. 03, 2021 (GLOBE NEWSWIRE) -- BEL FUSE INC. (NASDAQ:BELFA) and (NASDAQ:BELFB) today announced that its Board of Directors has declared regular quarterly cash dividends of $0.06 per share on the Company's Class A common shares and $0.07 per share on the Company's Class B common shares.
  • Cash dividends for Class A and Class B common shares are payable on November 1, 2021 to shareholders of record on October 15, 2021.
  • Bel currently has approximately 12,415,000 common shares outstanding, of which 2,145,000 are Class A common shares and 10,270,000 are Class B common shares.
  • Bel ( www.belfuse.com ) designs, manufactures and markets a broad array of products that power, protect and connect electronic circuits.