Press Releases

KPS CAPITAL PARTNERS TO ACQUIRE TATE & LYLE'S OWNERSHIP INTEREST IN PRIMIENT May 23, 2024 02:08AM

NEW YORK, May 23, 2024 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that it has entered into a definitive purchase agreement with Tate & Lyle PLC (LSE: TATE.L, "Tate & Lyle") to acquire Tate & Lyle's remaining ownership interest of 49.7% in Primary Products Investments LLC ("Primient" or the "Company") for $350 million. Completion of the transaction is expected by end of July 2024 and is subject to customary closing conditions and approvals.

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Borr Drilling Limited Announces First Quarter 2024 Results May 23, 2024 02:07AM

HAMILTON, Bermuda, May 23, 2024 /PRNewswire/ -- Borr Drilling Limited ("Borr", "Borr Drilling" or the "Company") announces unaudited results for the three months ended March 31, 2024.

Highlights

• Total operating revenues of $234.0 million, an increase of $13.4 million or 6% compared to the fourth quarter of 2023.
• Net income of $14.4 million, a decrease of $14.0 million compared to the fourth quarter of 2023.
• Adjusted EBITDA of $116.8 million, an increase of $5.3 million... (continue reading...)

OpenLegal Unveils Extensive Suite of New Services for International Businesses Launching in Australia May 23, 2024 02:05AM

Sydney, Australia--(Newsfile Corp. - May 23, 2024) - OpenLegal, a leading commercial law firm in Australia, today unveiled an extensive suite of new services focused on simplifying market entry for global companies. Effective from 15 May 2024, international businesses can leverage OpenLegal's expertise and connections to seamlessly establish local offices, register new entities, or pursue acquisition opportunities in Australia.

"We intimately understand the intricacies... (continue reading...)

Novaturas presented 2024 first quarter results May 23, 2024 02:05AM

On May 22nd 9:00 AM CEO of AB “Novaturas” Mr. Kristijonas Kaikaris and CFO Mr. Vaidrius Verikas have presented Company’s consolidated financial results for first quarter of 2024 to investors.

Financial indicators Eur‘000Q1 2024Q1 2023Q1 2022Revenue34,51838,17228,287Gross profit4,4535,9582,524EBITDA3171,896(522)Net profit (loss)81,576(913)

Link to webinar record:

https://youtu.be/D-74gB3caMY

CFO Vaidrius Verikas +370 646 43758

Attachment

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LiuGong Makes Its Debut at CSPI-EXPO 2024 May 23, 2024 02:04AM

CHIBA, Japan, May 23, 2024 /PRNewswire/ -- From May 22 to 24, 2024, LiuGong showcases 6 electric machines at Construction&Survey Productivity Improvement Expo (CSPI-EXPO), including 9027FE & 922E excavators, LS0607E & LS0808E scissor lifts, 856HE & 870HE wheel loaders. Following its impressive appearances at INTERMAT in France and the Vei og Anlegg exhibition in Norway, LiuGong once again captivated global attention with its innovative technology as the company... (continue reading...)