SoftBank-backed robotics firm Berkshire Grey said on Wednesday it has agreed to go public through a merger with a blank-check firm in a deal that values the combined company at $2.7 billion. The deal is expected to provide Berkshire Grey about $413 million in cash, as the maker of logistics automation systems looks to take advantage of a surge in online shopping amid the COVID-19 pandemic. The proceeds include a private investment of $165 million anchored by venture capital investor Chamath Palihapitiya and funds and accounts managed by BlackRock Inc. Palihapitiya has been one of the most prolific sponsors of special purpose acquisition companies (SPACs), merging them with a range of companies - from space tourism firm Virgin Galactic Holdings Inc to home-selling platform Opendoor Technologies Inc.
Minister for Agriculture Charlie McConalogue. \ Philip Doyle
Minister for Agriculture Charlie McConalogue has urged Ulster Bank to continue to support their family farm customers.
The Minister met with Ulster Bank chief executive Jane Howard on Wednesday, following the bank’s decision to start exiting the Irish market.
“In terms of the agriculture sector, I impressed upon the bank to continue to support their family farm customers with whom the vast majority have performing loans,” Minister McConalogue said.
“The strength and resilience of our agriculture sector is based on very low debt levels but the continued access to finance is key in delivering on our ambitions for the sector.”
Nasdaq Stockholm AB: Listing of bond loan issued by Örebro kommun on STO Corporate Bonds (59/21)
FNRD-2.621.0
Wie bewerten Sie die aktuell angezeigte Seite?sehr gut123456schlechtProblem melden
Werbehinweise: Die Billigung des Basisprospekts durch die BaFin ist nicht als ihre Befürwortung der angebotenen Wertpapiere zu verstehen. Wir empfehlen Interessenten und potenziellen Anlegern den Basisprospekt und die Endgültigen Bedingungen zu lesen, bevor sie eine Anlageentscheidung treffen, um sich möglichst umfassend zu informieren, insbesondere über die potenziellen Risiken und Chancen des Wertpapiers. Sie sind im Begriff, ein Produkt zu erwerben, das nicht einfach ist und schwer zu verstehen sein kann.
Aspen delivers on objectives, slashes debt burden
Pharmaceutical giant Aspen Pharmacare expects earnings from continuing operations to increase for its half-year results to 31 December 2020. The pharmaceutical industry is one that has been shown to be defensive in nature, despite the obstacles the pandemic has caused on various industries, Aspen has managed to escape unscathed. In 2019, investors were concerned about Aspen’s growing debt burden, which surged to over R50bn at its peak. The group has managed to dispose of non-core assets, including its European Thrombosis Business, which has effectively managed to reduce the company’s debt burden to around half of what it was 18-months ago. Founder and CEO, Stephen Saad, has managed to consistently deliver on his stated objectives set out in 2019 when the company’s share price fell below R70, a fall of around 80% from its peak in 2015. With Saad and co-founder Gus Attridge being two of the group’s largest shareholders, stake
Nasdaq Stockholm decides to officially list 1 bond loan issued by
Länsförsäkringar Bank AB with effect from 2021-02-25. Last day of trading is
set to 2031-02-14. The instrument will be listed on STO Corporate