Business Wire

•  A €1.5 billion refinancing plan to strengthen its financial structure well under way, including the execution of the capital increase to be approved by the Annual shareholder meeting on the 10th of June
• A solid outlook for 2023-2026, following the full execution of the refinancing plan:
  • Average annual organic growth of around 5%
  • EBITDA margin, pre IFRS 16, expected to rise by 100 to 150 basis points by 2026
  • Financial leverage of less than 3x and LTV of... (continue reading...)

NEW YORK--(BUSINESS WIRE)-- Regulatory News:

Coty Inc. (NYSE: COTY) (Paris: COTY)(“Coty”), one of the world’s largest beauty companies with a portfolio of iconic brands across fragrance, color cosmetics, and skin and body care, today announced that it, together with its wholly-owned subsidiaries, HFC Prestige Products, Inc. and HFC Prestige International U.S. LLC (the “Co-Issuers” and collectively with Coty, the “Issuers”), launched an offering of... (continue reading...)

PARIS--(BUSINESS WIRE)-- Regulatory News:

Patrick Pouyanné, Chairman and CEO of TotalEnergies (Paris: TTE) (LSE: TTE) (NYSE: TTE), met on May 20 in Luanda with João Lourenço, President of Angola, Diamantino Azevedo, Minister of Mineral Resources, Oil & Gas (MIREMPET), Paulino Jerónimo, Chairman and CEO of ANPG and Gaspar Martins, Chairman and CEO of Sonangol, to announce the Final Investment Decision of the Kaminho deepwater project.

TotalEnergies (40%),... (continue reading...)

DENVER--(BUSINESS WIRE)-- Advanced Energy Industries, Inc. (Nasdaq: AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, today announced a possible offer of £19.50 per share in cash to acquire the entire issued and to be issued shares of XP Power Limited (LSE: XPP, “XP Power”), after submitting three, all-cash, proposals to the Board of XP Power as set out below:

• On October 24, 2023, at £17.00 per... (continue reading...)

LONDON & TORONTO--(BUSINESS WIRE)-- Raspberry Software, frontrunner in the UK rail software & services industry, proudly announces a majority recapitalization with Arcadea Group, a long-hold, growth-oriented investor in global software companies. This partnership marks a pivotal step in Raspberry Software’s journey to enhance product innovation and accelerate growth while providing the business a permanent and stable home for the long-term.

Raspberry, which... (continue reading...)