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Main » 2021 » May » 21

Investors include Peter Thiel, Alan Howard, Louis Bacon, Richard Li, Mike Novogratz, Christian Angermayer, and Nomura


HONG KONG-Friday 21 May 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Block.one, the software company behind the EOSIO open-source software, announced today the launch of a newly formed subsidiary, Bullish Global. Operating as an independent entity under the Block.one parent company, Bullish Global is focused on the 2021 planned release of Bullish, a new blockchain-based cryptocurrency exchange designed to combine the performance, user privacy, and compliance offered by central order book technology with the vertically integrated user benefits of decentralized finance (DeFi) market architecture.

The Bullish exchange will offer new automated market making, lending, and portfolio management tools to its users to deliver functionality that has previously been monopolized by incumbent players in traditional finance, while driving deeper liquidity ... Read more »

Views: 9 | Added by: africa-live | Date: 05.21.2021 | Comments (0)

LUXEMBOURG -Thursday 20 May 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- SES S.A. announced the successful launch and pricing of a hybrid bond offering in which it has agreed to sell Deeply Subordinated Fixed Rate Resettable Securities for a total amount of EUR 625 million, with a first reset date on 27 August 2026. The notes will bear a Coupon of 2.875% per annum and were priced at 99.409% of their nominal value.

The instrument’s credit ratings are expected to be Ba1/BB with Moody’s and Standard & Poor’s respectively. The hybrid bonds issued by SES are non-dilutive instruments that are expected to receive 50% equity credit by both rating agencies and be classified as equity under IFRS. Proceeds of the issuance will be used for general corporate purposes which includes the possible refinancing of existing hybrid capital instruments.

Concurrently, SES has also announced a capped tender offer for its outstanding hybrid EUR 750 million 4.625% Perp ... Read more »

Views: 13 | Added by: africa-live | Date: 05.21.2021

NOVI, Mich.-Thursday 20 May 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Lineage Logistics, LLC (“Lineage” or the “Company”), the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider, today announced its multi-year sponsorship of professional golfer Justin Thomas.

As part of Lineage’s sponsorship, Thomas will wear Lineage’s logo during official tournaments and associated public events, and Lineage will commit $100,000 to the Justin Thomas Foundation and its associated charities through donations as well as event support.

“I am thrilled to welcome Justin to the Lineage family,” said Kevin Marchetti, Co-Executive Chairman of Lineage and Co-Founder of Bay Grove, which founded and manages Lineage. “Like Lineage, Justin is young, dynamic and at the top of his game, and we share a strong commitment to going above and beyond to give back to our communities. I ... Read more »

Views: 29 | Added by: africa-live | Date: 05.21.2021 | Comments (0)

CAPE TOWN, South Africa-Thursday 20 May 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Nelson Mandela’s official legacy organisation for leadership development has announced a new prize. The Äänit Prize will award up to $80 000 per year to projects and organisations that can deliver positive social impact in Africa. The prize will be open to alumni of the Mandela Rhodes Scholarship and the Rhodes Scholarship and is funded by Ezrah Charitable Trust, started by Rhodes Scholar and MRF donor David Cohen.

Professor Njabulo S. Ndebele, chairman of the board of The Mandela Rhodes Foundation said he is delighted about the prize. “Our vision for entrepreneurship in Africa stems from our mandate to address inequality and contribute to the achievement of true equality, and to the alleviation of poverty and suffering. We know that innovative and creative individuals can make a significant difference to the lives of people across the continent.” MRF CEO Judy Sikuza said ... Read more »

Views: 10 | Added by: africa-live | Date: 05.21.2021 | Comments (0)

OSAKA, Japan -Thursday 20 May 2021 [ AETOS Wire ]

    Delivered FY2020 Management Guidance with Results Driven by +16% Underlying Revenue Growth of 14 Global Brands (e.g., ENTYVIO ® +26.2% YOY, TAKHZYRO® +30.0% YOY, Immunoglobulin + 15.7% YOY)
    Accelerated Cost Synergies and Achieved $2.3 Billion Target One Year Ahead of Plan
    Reported Net Profit Growth of Approximately +750% YOY, Reflecting Gains on Non-core Asset Sales and Lower Acquisition-related Expenses
    Robust Operating Cash Flow and Divestiture Proceeds Resulting in Free Cash Flow of JPY 1,237.8 Billion, Driving Deleveraging to Net Debt / Adjusted EBITDA of 3.2x
    FY2021 Anticipated to be an Inflection Year for Wave 1 Pipeline with Five to Six Wave 1 NMEs Submitted and Under Regulatory Review by the FDA with the Potential for Four Approvals

(BUSINESS WIRE)-- Takeda Pharmaceutical Company Limit ... Read more »

Views: 7 | Added by: africa-live | Date: 05.21.2021