THE COMPANY

Keith Cline Appointed CEO of Combined CEA / CAPA Organization in Planned Transition

Retrieved on: 
星期四, 三月 17, 2022

Keith will be the CEO of the combined CEA / CAPA organization.

Key Points: 
  • Keith will be the CEO of the combined CEA / CAPA organization.
  • The organization serves more than 7,000 college and university students annually with 12 international study centers and nearly 40 International university partners.
  • I am honored to lead these amazing organizations and continue their long history of serving the needs of our university partners and students, said Keith Cline.
  • Brian Boubek, founder and CEO of CEA, will transition from CEO to Executive Chairman of the Board.

Hexion Holdings Completes Sale of Epoxy Businesses to Westlake Chemical

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星期二, 二月 1, 2022

Hexion Holdings Corporation (Hexion or the Company) today announced that it has completed the sale of its epoxy-based Coatings and Composite businesses, which includes the epoxy specialty resins and base epoxy resins and intermediates product lines (together, the Epoxy Business) for approximately $1.2 billion to Westlake Chemical Corporation (NYSE: WLK).

Key Points: 
  • Hexion Holdings Corporation (Hexion or the Company) today announced that it has completed the sale of its epoxy-based Coatings and Composite businesses, which includes the epoxy specialty resins and base epoxy resins and intermediates product lines (together, the Epoxy Business) for approximately $1.2 billion to Westlake Chemical Corporation (NYSE: WLK).
  • On behalf of everyone at Hexion, I would like to thank the epoxy team again for their many contributions and I am confident they will have continued success with Westlake as Epoxys new owner.
  • With the completion of the transaction, Hexion consists of the Companys existing Adhesives and Versatic Acids and Derivatives product lines.
  • Also, as previously announced in December 2021, Hexion Holdings entered into a definitive agreement to be acquired by affiliates of American Securities LLC for $30.00 per share in cash.

BISTelligence Spins Out Dedicated AI Analytics Company, Aidentyx

Retrieved on: 
星期四, 一月 27, 2022

BISTelligence, a leading provider of manufacturing AI solutions and services for digital transformation in manufacturing announced today that it has spun out its AI analytics division to create a new U.S. manufacturing AI analytics company called Aidentyx.

Key Points: 
  • BISTelligence, a leading provider of manufacturing AI solutions and services for digital transformation in manufacturing announced today that it has spun out its AI analytics division to create a new U.S. manufacturing AI analytics company called Aidentyx.
  • Transformative technologies like AI based APM systems are having a massive impact on manufacturing organizations re-shaping operations and significantly increasing performance.
  • GrandView AI analytics creates actionable insights into the health of factory assets that leads to continuous improvement.
  • Its unique asset health index and AI predictive analytics technology, also enables users to generate a RUL (remaining useful life) prediction, pinpointing when assets will fail.

Hexion Holdings Announces Agreement to Sell Epoxy Businesses to Westlake Chemical

Retrieved on: 
星期三, 十一月 24, 2021

Hexion Holdings Corporation (Hexion or the Company) today announced that as a result of its ongoing strategic review it has entered into a definitive agreement to sell its epoxy-based Coatings and Composite businesses, which includes the epoxy specialty resins and base epoxy resins and intermediates product lines (together, the Epoxy Business) for approximately $1.2 billion to Westlake Chemical Corporation (NYSE: WLK).

Key Points: 
  • Hexion Holdings Corporation (Hexion or the Company) today announced that as a result of its ongoing strategic review it has entered into a definitive agreement to sell its epoxy-based Coatings and Composite businesses, which includes the epoxy specialty resins and base epoxy resins and intermediates product lines (together, the Epoxy Business) for approximately $1.2 billion to Westlake Chemical Corporation (NYSE: WLK).
  • Our associates in the Epoxy Business will be joining a leading global chemical manufacturer and we believe that the Epoxy Business will be well positioned going forward with Westlake as its new owner.
  • On behalf of everyone at Hexion, I would like to thank our associates within our epoxy businesses for their many contributions over the years.
  • Following completion of the transaction, Hexion will consist of the Companys existing Adhesives and Versatic Acids and Derivatives product lines.

Corbel Capital Partners Makes Significant Investment into National Land Partners

Retrieved on: 
星期三, 十一月 3, 2021

Corbel Capital Partners ("Corbel") is pleased to announce that entities associated with Corbel have closed a significant investment (the Transaction) into National Land Partners, Inland Management, LLC, Inland Title of Texas, LLC, and American Land Partners, LLC (collectively, the Company or "NLP").

Key Points: 
  • Corbel Capital Partners ("Corbel") is pleased to announce that entities associated with Corbel have closed a significant investment (the Transaction) into National Land Partners, Inland Management, LLC, Inland Title of Texas, LLC, and American Land Partners, LLC (collectively, the Company or "NLP").
  • The Company is a Williamstown, MA headquartered land acquisition, sales and marketing company specializing in large residential parcels.
  • National Land Partners is a 20-year-old land acquisition, marketing, and sales company specializing in large residential parcels.
  • Corbel is a Los Angeles based independent investment firm that makes investments into owner-entrepreneur-run businesses.

InterGroup Secures £50 Million Share Subscription Facility from GEM as Company Seeks Public Listing

Retrieved on: 
星期三, 八月 4, 2021

InterGroup will control the timing and maximum amount of drawdowns under the Facility and has no minimum drawdown obligation.

Key Points: 
  • InterGroup will control the timing and maximum amount of drawdowns under the Facility and has no minimum drawdown obligation.
  • Concurrent with the public listing, InterGroup will issue warrants to GEM to purchase up to 7.8% of the Companys common stock.
  • In consideration for the Facility, the Company has agreed to pay a fee of GBP 1 million in either cash or shares within a period of twelve months from the date of its listing.
  • InterGroup is an Australian mining company focused on exploring and extracting minerals essential to reducing carbon emissions.

Hexion Inc. Completes Sale of Phenolic Specialty Resins, Hexamine and European-based Forest Products Resins Businesses to Black Diamond and Investindustrial

Retrieved on: 
星期五, 四月 30, 2021

b'Hexion Inc. (\xe2\x80\x9cHexion\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) today announced that it has completed the sale of its Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses for approximately $425 million to Black Diamond and Investindustrial.

Key Points: 
  • b'Hexion Inc. (\xe2\x80\x9cHexion\xe2\x80\x9d or the \xe2\x80\x9cCompany\xe2\x80\x9d) today announced that it has completed the sale of its Phenolic Specialty Resin, Hexamine and European-based Forest Products Resins businesses for approximately $425 million to Black Diamond and Investindustrial.
  • In addition, our management may from time to time make oral forward-looking statements.
  • Additional information about Hexion Inc. and its products is available at www.hexion.com .\nBlack Diamond Capital Management, L.L.C.
  • Black Diamond has over 25 years of experience in underwriting, trading, restructuring and managing performing, stressed, distressed and private equity investments through multiple market cycles.