Enjoy Technology to Become a Public Company, Accelerating its Strategy to Reinvent Commerce at Home
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Combination with Marquee Raine Acquisition Corp. Values Enjoy at an Approximate Enterprise Value of $1.2
Billion, Expected to Provide More Than $450 Million of Growth Capital for Enjoy to Achieve Approximately $1 Billion in Revenue by 2025
Underpinned by Proprietary Technology, Exclusive Relationships with Leading Consumer Brands, and a Compelling Margin Profile, Enjoy Has First-Mover Advantage in Large and Growing Total Addressable Market
Deep, Multi-Year Commercial Relationships With the World s Premier Consumer Companies
Visionary Founder and CEO Ron Johnson, Alongside Enjoy s Experienced Leadership Team, Brings Proven Track Record of Reinventing Retail and Building Businesses Through Innovation
Alcon Inc. Investors: Alcon to Acquire U.S. Commercialization Rights to Ophthalmic Eye Drop Simbrinza
Builds on company s ophthalmic pharmaceutical manufacturing expertise
Alcon (SIX/NYSE: ALC), the global leader in eye care dedicated to helping people see brilliantly, today announced it has signed an agreement to acquire exclusive U.S. commercialization rights to
Simbrinza
The acquisition of
Simbrinza combined with the company s existing over-the-counter (OTC) eye drops will give Alcon a strong ophthalmic eye drop portfolio and the opportunity to capitalize on both the large glaucoma market and the fast-growing dry eye preservative free and eye allergy markets. The company s strong U.S. ophthalmology expertise and existing relationships with healthcare professionals (HCP) will help drive HCP and patient adoption.
MSA Safety Announces First Quarter Results
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PITTSBURGH, April 28, 2021 /PRNewswire/ Global safety equipment manufacturer MSA Safety Incorporated (NYSE: MSA) today reported results for the first quarter of 2021.
Quarterly Highlights
Revenue was $308 million, decreasing 10 percent from a year ago on a reported basis and 11 percent on a constant currency basis.
GAAP operating income was $44 million or 14.3 percent of sales, compared to $59 million or 17.2 percent of sales in the same period a year ago. Adjusted operating income was $47 million or 15.4 percent of sales, compared to $64 million or 18.7 percent of sales in the same period a year ago.
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In response to the business environment related to the global pandemic, spend cost reduction and supply risk management are back at the top of the procurement agenda, according to new Key Issues Research from The Hackett Group, Inc. (NASDAQ: HCKT). In 2021, the most popular initiatives for procurement teams are to improve data and analytics, accelerate digital transformation through the implementation of cloud-based suites and best-of-breed solutions, and pilot emerging technologies.
The full research, 2021 CPO Agenda: 10 Key Issues Procurement Needs to Act on Now, is available on a complimentary basis, with registration, at this link: http://go.poweredbyhackett.com/2021prockeyissuessm. Key findings from the research include:
1 Operating capacity includes only those facilities which are currently capable of operating, but excludes any portion of an asset that is underutilized due to a lack of natural gas feedstock over a prolonged period of time. The operating capacity of our production facilities may be higher than original nameplate capacity as, over time, these figures have been adjusted to reflect ongoing operating efficiencies at these facilities. Actual production for a facility in any given year may be higher or lower than operating capacity due to a number of factors, including natural gas composition or the age of the facility s catalyst. We review and update the operating capacity of our production facilities on a regular basis based on historical performance.