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Corporate Financial Services

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First Eagle Investment Management agrees to acquire Newstar Financial

Tuesday, 17 Oct 2017

Oct 17 (Reuters) - Newstar Financial Inc :First Eagle Investment Management agrees to acquire Newstar Financial.Newstar Financial-‍first Eagle to pay $11.44 per Newstar share in cash plus contingent value rights worth up to an estimated additional $0.88-1.00 per share​.Newstar Financial Inc - ‍Newstar stockholders are expected to receive total consideration estimated at $12.32 to $12.44 per share​.Newstar Financial Inc - ‍agreements with First Eagle and GSO include a 30 day "Go Shop" period​.Newstar Financial Inc - to concurrently sell portfolio of investment assets, including about $2.4 billion in middle-market loans, other credit investments.Newstar Financial Inc - ‍transactions have been approved by Newstar's and First Eagle's boards of directors​.Newstar Financial Inc - to sell portfolio of investment assets to a fund sponsored by GSO capital partners​.Newstar Financial-‍First Eagle to fund merger with cash from its balance sheet, Newstar cash, including from GSO's acquisition of Newstar's assets​.

DF Deutsche Forfait says Trump's decision on Iranian nuclear agreement has no direct impact on operations​

Monday, 16 Oct 2017

Oct 16 (Reuters) - DF DEUTSCHE FORFAIT AG :‍STATEMENT ON U.S. PRESIDENT TRUMP'S DECISION ON IRANIAN NUCLEAR AGREEMENT​.DECISION HAS NO DIRECT IMPACT ON OPERATIONS AND BUSINESS DEVELOPMENT OF CO AND TRADE BETWEEN EU AND IRAN​.‍DOES CURRENTLY NOT EXPECT ADVERSE EFFECTS ON OPERATIONS AND TRADING ACTIVITIES OF BUSINESS PARTNERS WITH IRAN​.

GRENKE group's new business reaches EUR 1,731.2 mln in 9mth period​

Wednesday, 4 Oct 2017

Oct 4 (Reuters) - GRENKE AG ::‍GRENKE GROUP'S NEW BUSINESS REACHES EUR 1,731.2 MILLION IN NINE-MONTH PERIOD​.‍IN FIRST NINE MONTHS OF 2017, GRENKE GROUP RECORDED A TOTAL OF 339,866 LEASE APPLICATIONS​.‍9MTH GROUP FACTORING'S NEW BUSINESS WITH A YEAR-ON-YEAR INCREASE IN TOTAL OF PURCHASED RECEIVABLES OF 21.5% TO EUR 309.3 MILLION​.‍IN FIRST NINE MONTHS, GRENKE GROUP LEASING ACQUIRED NEW BUSINESS VOLUME OF EUR 1,401.9 MILLION​.

Shine Corporate updates on Oakey contamination class action

Friday, 17 Mar 2017

Shine Corporate Ltd : Oakey contamination class action - litigation funding . To confirm extension of its cba facilities, including an additional $9 million market rate facility . Proposed action will be conducted on behalf of property and business owners affected by contamination . Agreement by litigation funder imf bentham to fund proposed class action to be conducted by co's subsidiary, shine lawyers pty ltd . Contamination alleged to have arisen from use of aqueous film forming foam at aviation centre . Proposed class action against commonwealth of australia (department of defence) to contamination at oakey army aviation centre, become unconditional .IMF has confirmed that condition precedent to agreement has been satisfied.

Shine Corporate updates on Oakey contamination class action

Thursday, 16 Mar 2017

Shine Corporate Ltd : Oakey contamination class action - litigation funding . To confirm extension of its cba facilities, including an additional $9 million market rate facility . Proposed action will be conducted on behalf of property and business owners affected by contamination . Agreement by litigation funder imf bentham to fund proposed class action to be conducted by co's subsidiary, shine lawyers pty ltd . Contamination alleged to have arisen from use of aqueous film forming foam at aviation centre . Proposed class action against commonwealth of australia (department of defence) to contamination at oakey army aviation centre, become unconditional .IMF has confirmed that condition precedent to agreement has been satisfied.

Zephyro reorganizes biomedical services business branch

Friday, 15 Jul 2016

Zephyro SpA : Said on Thursday that its board decided to separate its biomedical services business from its core business of energy efficiency services . To transfer in Biomedicale Srl its business branch related to the mainteinance of biomedical equipment .Biomedical is wholly owned by Zephyro.

MG Unit Trust updates on Murray Goulburn farmgate milk pricing for financial year 2017

Monday, 27 Jun 2016

MG Unit Trust : Forecasting FY 2017 FMP of $4.80 per kgms with net opening FMP of $4.31 per kgms after application of the MSSP repayment . MG expects to achieve lower average selling prices for commodities throughout FY 2017 when compared with FY 2016 . Says forecast FY 2017 NPAT of $42 million . Lower average selling prices for commodities throughout FY 2017 will impact distributable milk pool by approximately $95 million . FY 2017 will be a challenging year for suppliers .Says further advises senior management pay will be frozen in FY 2017.

Hitachi Capital to transfer photovoltaics business to unit

Monday, 13 Jun 2016

Hitachi Capital Corp <8586.T> :Says it plans to transfer its Okayama-based photovoltaic business to its wholly owned Tokyo-based clean energy unit, on July 31.

Keybridge Capital updates on withdrawal of proposal for restructure

Friday, 10 Jun 2016

Keybridge Capital Ltd : Withdrawal of proposal for the restructure of KBC .

Aercap reports Q1 adj earnings of $1.54 per share

Thursday, 12 May 2016

Aercap Holdings Nv : Expect to generate $800 million of excess capital during 2016 . Qtrly total revenues and other income $1.32 billion versus $1.29 billion . During q4 of 2015, made decision to restructure and downsize Aeroturbine business . Aercap Holdings Nv qtrly reported basic earnings per share of $1.14 . Restructuring related expenses of $12.6 million in q1 . After completion of downsizing, Aeroturbine will only provide services to support Aercap's aircraft leasing business . Q1 revenue view $1.28 billion -- Thomson Reuters I/B/E/S . Qtrly diluted earnings per share $1.13 . Qtrly diluted adjusted earnings per share $ 1.53 . Aercap Holdings N.V. reports financial results for the first quarter 2016 . Q1 adjusted earnings per share $1.54 .Q1 earnings per share view $1.50 -- Thomson Reuters I/B/E/S.

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