Fluidra S.A.: Fluidra Strengthens Industry Leadership Position With Acquisition of Custom Molded Products (CMP)
Addition of the US manufacturer of pool and spa components will further strengthen Fluidra s leadership position in the pool and wellness industry.
CMP s product offering and manufacturing expertise are highly complementary to Fluidra s business, creating expanded growth opportunities and value for customers.
The acquisition values CMP at $245 million and is expected to be Cash EPS accretive to Fluidra in 2021.
Fluidra S.A. (BME: FDR), the Spanish listed global leader in pool and wellness equipment and connected solutions, today announced it has acquired Custom Molded Products ( CMP ), a Georgia-based manufacturer of pool and spa components, from Tenex Capital Management.
WTI Oil Prices to Hit $75 Before End of Year, Says Raymond James
Following Saudi Arabia’s surprise announcement last week that it would cut another 1.0 million b/d in crude oil output in April – after similar cuts in February and March – Raymond James & Associates Inc. analysts raised their price expectations as supply/demand further tightens this spring.
In addition to Saudi Arabia’s efforts, members of the Organization of the Petroleum Exporting Countries and its allies, aka OPEC-plus, agreed last Thursday to hold the line on oil production through April.
“Our strip scenario still sees substantial draws in both 2021 and 2022 on the order of several million barrels per day for the next two years,” Raymond James analyst John Freeman said. “Clearly, even to a casual observer of oil markets, draws of this magnitude cannot exist for that prolonged of a period meaning prices need to rise meaningfully off the current strip in order to incentivize enough production gro
Absent Demand Drivers, April Natural Gas Futures Falter Fourth Consecutive Day; Cash Prices Fall
Natural gas futures on Monday tumbled for a fourth straight day amid mild weather, demand uncertainty and steady production. The April Nymex contract settled at $2.664/MMBtu, down 3.7 cents day/day. May fell 4.1 cents to $2.698.
Weak near-term weather demand also weighed on cash prices. NGI’s Spot Gas National Avg. shed 25.5 cents to $2.500.
Bespoke Weather Services said that its mid-range forecast on Monday had shifted a tad cooler from a previous outlook on Friday, with the potential for colder air next week. But the current week looks to be exceptionally warm and, overall, conditions are expected to prove mild over the balance of March, minimizing heating demand.
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PETAH-TIKVA, Israel, March 9, 2021 /PRNewswire/ Global-e Online Ltd. ( Global-e ), the world s leading platform to enable and accelerate global, direct-to-consumer cross-border e-commerce, today announced that it has filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission ( SEC ) relating to the proposed initial public offering of its ordinary shares. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Global-e has applied to list its ordinary shares on the NASDAQ Global Select Market under the symbol GLBE. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
Global-e Announces Filing of F-1 Registration Statement for Proposed Initial Public Offering prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.