Höegh LNG Partners LP Reports Financial Results for the Quarter Ended March 31, 2021 HAMILTON, Bermuda, May 27, 2021 /PRNewswire/ - Höegh LNG Partners LP (NYSE: HMLP) (the Partnership ) today reported its financial results for the quarter ended March 31, 2021.
Highlights · Continued measures to mitigate the risks from the COVID-19 pandemic and ensure health and safety of crews and staff, whose wellbeing is our highest priority · · Reported total time charter revenues of $34.8 million for the first quarter of 2021 compared to $36.7 million of time charter revenues for the first quarter of 2020 · Generated operating income of $31.7 million, net income of $23.8 million and limited partners interest in net income of $20.0 million for the first quarter of 2021 compared to operating income of $13.4 million, net income of $5.5 million and limited partners interest in net income of $1.8 million for
Morgan Stanley mulls £261m bid for UK waste management firm Augean
The potential acquisition would be the latest in a spate of British take-private deals.
Morgan Stanley Infrastructure Partners this morning confirms it’s weighing up a move for UK waste management services company Augean.
The potential acquisition, first reported by Bloomberg, would be the latest in a flurry of take-private deals in the UK.
Morgan Stanley has been considering a potential takeover of Augean, which has a market value of £261m.
Following the announcement, shares in Augean shot up by almost 15 per cent as markets opened.
The firm, founded in 2004, offers waste management services to companies in a range of sectors including oil and gas.
Link has âopen mindâ on $3b PEXA float
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Link Group chief executive Vivek Bhatia says he has an âopen mindâ on whether the group will give the green light to a public float of the electronic conveyancing company, PEXA, in preference to a trade sale, but a decision will be made by June.
Link owns 44.2 per cent of PEXA and is sitting on a likely gold mine because of strong demand by trade buyers for the asset and its strong growth prospects as it prepares to set up in the United Kingdom to try to emulate the big shift to digital conveyancing which it pioneered in Australia.
Cellnex sees US companies following its lead in Europe 26 APR 2021
Spanish tower operator Cellnex claimed to have started a trend US companies are now following, by buying infrastructure from European operators looking for ways to cash in on their assets.
Product strategy and innovation director Jose Antonio Aranda Legazpe told
Mobile World Live (
MHL) Cellnex “has been the catalyser. Following our strategy others have joined”.
Since 2015, Cellnex has been buying towers across Europe. The company now owns 71,000, and says the number swells to 128,000 when it includes acquisitions not yet closed and build-to-suit obligations.
American Tower is the most prominent example of a US company which appears to be following a similar strategy in Europe.
Bids fly in for PEXA, dominoes set to fall
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One of the long waits in Australian M&A is just about over.
Six months after Pacific Equity Partners and The Carlyle Group put Link Group in play, the company is set to find out what buyers are willing to pay for arguably its most contentious asset, property settlements platform PEXA.
PEXAâs holding company recorded $181 million revenue and $82 million EBITDA in the year to December, according to a pitch to potential buyers. More than 75 per cent of Australian property transactions took place on PEXA Exchange last year. Â
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