UK: Tailwind Energy to acquire Decipher Energy
01 Apr 2021
Decipher Energy.
This acquisition will allow Tailwind to continue to deploy its strategy of exploiting organic production and near-term reserves growth opportunities whilst building out the Tailwind portfolio. The transaction is subject to statutory regulatory and government approvals.
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US: Pioneer Natural Resources announces bolt-on acquisition of DoublePoint Energy in the Midland Basin
02 Apr 2021
Pioneer Natural Resourceshas entered into a definitive purchase agreement to acquire the leasehold interests and related assets of
DoublePoint Energy in a transaction valued at approx. $6.4 billion as of April 1, 2021, comprised of approx. 27.2 million shares of Pioneer common stock, $1 billion of cash and the assumption of approx. $0.9 billion of debt and liabilities.
Scott D. Sheffield, Pioneer’s CEO stated: DoublePoint has amassed an impressive, high quality footprint in the Midland Basin, comprised of tier one acreage adjacent to Pioneer’s leading position. We are pleased with their decision to become long-term partners with Pioneer in a transaction that will complement our unmatched position in the core of the Permian Basin. Pioneer will incorporate these assets into our investment model, migrating the assets from significant production growth to a free c
Highlights
To get the benefits of this scheme, the employer needs to attain a minimum age of 18 years and a maximum of 75 years.
Also, the employee is required to deposit a minimum of Rs 10,000 and pay the Risk Cover Premium.
Also, the minimum sum insured is Rs 1,000 and there is no limit to the maximum contribution.
The Life Insurance Corporation of India comes with a lot of schemes that prove to be beneficial to the employees of organisations. This time, it is the LIC New Group Leave Encashment Plan, which basically provides the extension of leave encashment to the employees of a company. Besides that, it also gives life cover for employees who either resign from the company or in terms of death or retirement.
Celonis, IBM and Red Hat Form Strategic Partnership to Help Transform Business Execution
Global strategic partnership joins execution management with an open, hybrid cloud approach to help drive flexibility and speed for enterprise digital transformation
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NEW YORK, MUNICH, ARMONK, N.Y. and RALEIGH, N.C, April 1, 2021 /PRNewswire/ Celonis, IBM (NYSE: IBM) and Red Hat today announced a global strategic partnership to help accelerate the adoption of the Celonis Execution Management System (EMS) and help deliver more flexibility and choice in how customers deploy the technology. The collaboration seeks to accelerate how customers apply process mining, intelligence and automation to the core enterprise system functions and processes that drive business execution.