BroadPeak Global-led consortium to buy DuPont Clean Technologies for $510m
Photo by Andrea Natali on Unsplash
February 2, 2021
A private equity consortium comprising New York-based BroadPeak Global LP, China-based Asia Green Fund (AGF) and The Saudi Arabian Industrial Investments Company (Dussur) announced on Monday that it has signed a definitive agreement to buy the Clean Technologies business of US-listed chemicals firm DuPont de Nemours for $510 million in cash.
As part of the transaction, San Francisco-based investment firm Tensile Capital Management LP is providing preferred equity financing. The transaction is expected to close in the second quarter of 2021 subject to customary closing conditions and regulatory approvals, according to a statement.
American Hotel Income Properties REIT LP Announces US$50 Million Strategic Investment by BentallGreenOak and Highgate & Amendments to its Corporate Credit Facility
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Enhances AHIP s liquidity, reduces leverage and positions Company for growth opportunities
Extension of waivers and covenants on corporate credit facility
All amounts in U.S. dollars unless otherwise noted
VANCOUVER, BC, Jan. 28, 2021 /PRNewswire/ - American Hotel Income Properties REIT LP (
AHIP or the
Company ) (TSX: HOT.UN, TSX: HOT.U, TSX: HOT.DB.U) is pleased to announce that BentallGreenOak Real Estate Advisors LP (
BentallGreenOak ) and Highgate Capital Investments, LP (
Highgate ) through HCI-BGO Victoria JV LP (the
Press release content from Business Wire. The AP news staff was not involved in its creation.
Kennedy Wilson Prices $1.0 Billion Senior Notes Offering
January 29, 2021 GMT
BEVERLY HILLS, Calif. (BUSINESS WIRE) Jan 28, 2021
Kennedy-Wilson, Inc. (“Kennedy Wilson”), a wholly owned subsidiary of global real estate investment company Kennedy-Wilson Holdings, Inc. (NYSE:KW), today announced the pricing of its offering of $500,000,000 aggregate principal amount of 4.750% senior notes due 2029 (the “2029 notes”) and $500,000,000 aggregate principal amount of 5.000% senior notes due 2031 (the “2031 notes” and, together with the 2029 notes, the “notes”). The notes will be senior, unsecured obligations of Kennedy Wilson and will be guaranteed by Kennedy-Wilson Holdings, Inc. and certain subsidiaries of Kennedy Wilson. Closing of the offering is expected to occur on February 11, 2021.
Varsity Tutors to go public through blank check company TPG Pace Tech Opportunities bizjournals.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bizjournals.com Daily Mail and Mail on Sunday newspapers.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Nerdy to Become Public Company via Business Combination with TPG Pace Tech Opportunities
January 29, 2021 GMT
SAN FRANCISCO & ST. LOUIS (BUSINESS WIRE) Jan 29, 2021
Nerdy Inc. (“the Company” or “Nerdy”), a leading direct-to-consumer, curated gig economy platform for live online learning benefiting both learners and experts, has entered into an agreement to become a public company through a business combination with TPG Pace Tech Opportunities (NYSE: PACE), a publicly traded special purpose acquisition company.
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Nerdy has built a comprehensive online learning destination that enables the delivery of scaled, high-quality live learning for people of all ages across thousands of subjects and multiple learning formats. Nerdy’s multi-format learning destination covers more than 3,000 subjects and includes one-on-one instruction, live small and