Remove 2021 Remove EBITDA Remove Marketability Remove Net Debt
article thumbnail

Advantage Solutions sells Strong Analytics to OneSix, marking another step in its business simplification

Benzinga

Strong Analytics, which Advantage acquired in 2021, provides a range of data science services primarily to brands in the pharmaceutical, marketing and hospitality industries. Terms of the sale, which closed June 7, were not disclosed.

article thumbnail

Breaking Ties: Kraft Heinz Closes Business Operations in Russia

Valutico

While expanding its portfolio in 2021 and 2022 with acquisitions like Brazil’s Hemmer condiment and sauce company and an 85% stake in Germany’s Just Spices GmbH, the company has also recently agreed to sell its Russian baby food business to Chernogolovka. Net income increased 131.3% Adjusted EBITDA decreased 5.8%

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Breaking Ties: Kraft Heinz Closes Business Operations in Russia

Valutico

While expanding its portfolio in 2021 and 2022 with acquisitions like Brazil’s Hemmer condiment and sauce company and an 85% stake in Germany’s Just Spices GmbH, the company has also recently agreed to sell its Russian baby food business to Chernogolovka. Net income increased 131.3% Adjusted EBITDA decreased 5.8%

article thumbnail

Altra Industrial Motion Corp. Announces Acquisition By Regal Rexnord Corporation

Benzinga

Upon completion of the transaction, Altra shares will no longer be listed on any public market. million in the third quarter 2021. Included in the Q3 2021 net sales are revenues of approximately $41.3 Net Income for the third quarter of 2022 was $33.6 Non-GAAP adjusted EBITDA* was $92.1 of revenues.

article thumbnail

TELUS announces agreement to acquire LifeWorks, strengthening TELUS Health's position as a leading global digital health and wellness provider

Benzinga

billion, and the assumption of net debt of approximately $600 million, subject to required court, LifeWorks shareholder, stock exchange and regulatory approvals (the " Transaction "). (TSX: LWRK ) pursuant to which TELUS will acquire all of the issued and outstanding common shares of LifeWorks for $33.00

EBITDA 40
article thumbnail

Russia in Ukraine: Let Loose the Dogs of War!

Musings on Markets

As the world's attention is focused on the war in the Ukraine, it is the human toll, in death and injury, that should get our immediate attention, and you may find a focus on economics and markets to be callous. The increase in default spreads was not restricted to foreign markets, as fear also pushed up spreads in the corporate bond market.

Start-ups 100
article thumbnail

Good Intentions, Perverse Outcomes: The Impact of Impact Investing!

Musings on Markets

In response, I have been told that the problem is not with the idea of ESG, but in its measurement and application, and that impact investing is the solution to both market and society's problems. The Global Impact Investing Network (GIIN), a non-profit that tracks the growth of this investing movement, estimated that more than $1.16