Tag: Limited

St. Louis, MO – WEBWIRE – Friday, February 25, 2022 Bunge Limited (NYSE: BG) announced that its Board of Directors has declared on February 23, 2022 a common quarterly cash dividend of $0.525 per share. The dividend is payable on June 2, 2022 to holders of record on May 19, 2022. The Company also declared a quarterly cash dividend of $1.21875 per share on its 4.875% cumulative convertible perpetual preference shares, payable on June 1, 2022 to holders of record on May 15, 2022. About Bunge At Bunge (NYSE: BG), our purpose ... Read more

The Competition Commission of India (CCI) approves acquisition of shareholding in Air India Limited, Air India Express Limited and Air India SATS Airport Services Private Limited by Talace Private Limited. The proposed combination envisages acquisition of 100% equity share capital of Air India Limited (Air India) and Air India Express Limited (AIXL), and 50% equity share capital of Air India SATS Airport Services Private Limited (AISATS) by Talace Private Limited (Talace). Talace is a wholly owned subsidiary of Tata Sons. Tata Sons is an investment holding company, which is registered as a core ... Read more

 In a first for any NBFC in India, REC Limited has successfully raised a USD 75 million, 5-year Secured Overnight Financing Rate (“SOFR”) linked Syndicated Term Loan on October 7, 2021, with Sumitomo Mitsui Banking Corporation (SMBC), Singapore Branch appointed as the sole Mandated Lead Arranger and Bookrunner. Along with the loan, REC has also entered into interest rate swap referencing SOFR to hedge the interest rate risk on this facility, which is the first such deal by any Corporate in India. The proceeds from this facility shall be utilized to fund infrastructure power sector projects as permitted under the ... Read more

 A British gaming company, All Star Gaming Limited has added Jay Lundy to it’s board as an advisor and non-executive director. Jay Lundy has also become a shareholder. Jay Lundy is currently employed as the Vice President of Investments & New Ventures for Sean “Love” Combs’ (P Diddy / Puff Daddy) Combs Enterprises. He will share his wealth of knowledge, experience and contacts with All Star Gaming Limited, as well as advising them as they seek to grow their business and first brand WBT (Warzone Banter Tournaments). In his role at Combs Enterprises, Jay leads new ventures, investment diligence, business ... Read more

The Competition Commission of India (CCI) approves acquisition by Lighthouse India Fund III, Limited (Fund III) and Lighthouse India III Employee Trust (Lighthouse Employee Trust) (collectively referred to as Acquirers) of Bikaji Foods International Limited (Target) under Section 31(1) of the Competition Act, 2002, yesterday. The Proposed Combination involves acquisition of additional 2.727% of equity shareholding in the Target by Fund III and Lighthouse Employee Trust. Lighthouse Funds currently has 7.472% equity shareholding in Bikaji through one of its funds. Lighthouse Funds is a US based company and act as the sponsor and controls private equity funds that make investments ... Read more