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Pay Day - Actionfilm, Tele 5, 03.04.21, 00:00 Uhr - TV Programm

Pay Day - Actionfilm, Tele 5, 03.04.21, 00:00 Uhr - TV Programm
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Sale of Tilt stake means another Infratil bid 'firmly' off the table


Sale of Tilt stake means another Infratil bid firmly off the table
16 Mar, 2021 04:30 AM
4 minutes to read
The sale of its Australasian renewables business means Infratil is unlikely to see another bid from AustralianSuper, analysts at Forsyth Barr predict, speculating the mega payday could mean additional returns to shareholders.
On Monday, Tilt
Renewables announced it had entered into an agreement, which would see it sold to an Australian consortium for $7.80 a share, valuing the company at close to $2.96 billion.
While the offer is subject to an independent review and regulatory approval, analysts seem to see little risk to the deal being blocked, with the sale price likely to meet or exceed valuation, and the structure of the offer meaning assets in New Zealand and Australia will be owned separately and both under local ownership. ....

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$1.45 billion for Seequent, a Kiwi company 'no one has ever heard of'


$1.45 billion for Seequent, a Kiwi company no one has ever heard of
12 Mar, 2021 04:47 AM
4 minutes to read
Silicon Valley private equity firm Accel-KKR and New Zealand s Pencarrow are in for a big payday after agreeing to sell their stakes in Christchurch-based geoscience software company Seequent to Nasdaq-listed Bentley Systems for US$1.05 billion
($1.45b).
Bentley, a US-based infrastructure engineering software company, said the acquisition would add about 10 per cent to its revenue and earnings before interest, tax, depreciation and amortisation, and that it was expected to be measurably accretive for its organic growth rate.
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Most significantly, the combination will deepen the potential . to help understand and mitigate environmental risks, advancing resilience and sustainability, it said. Bentley s revenue last year came to US$801.5m. ....

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Equal Pay Day for AAPI women comes amid violent attacks, record unemployment

Kali9/iStockBy KATIE KINDELAN via GMA(NEW YORK) March 9 marks Equal Pay Day for Asian American and Pacific Islander women, the day that AAPI women have to work into 2021 to earn the same amount of money that white, non-Hispanic men earned in 2020, according to the National Women's Law Center (NWLC).On average, AAPI women are paid 85 centers for every dollar paid to white, non-Hispanic men, according to the NWLC, a policy-focused organization that fights for gender justice."This group faces one of the smallest wage gaps, but the loss of 15 cents on the dollar, it adds up," Jasmine Tucker, director of research at the NWLC, said. "It's $833 [lost] a month, $10,000 a year and $400,000 over the course of a career, and those are just lost earnings."This year's AAPI Equal Pay Day comes at a particularly tenuous time specifically for women, who have been hit disproportionately hard financially by the coronavirus pandemic, which has put more than 2 million w ....

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