SOURCE George Weston Limited
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Friday, December 17, 2010
George Weston Limited Announces $1 Billion Special Dividend (prnewswire.com)
Briggs & Stratton Corporation Announces a price $ 225 million of senior notes (prnewswire.com)
MILWAUKEE, 15 December 2010 FirstCall /-Briggs & Stratton Corporation (NYSE: BGG) (the "Company") announced today it has prices public offering of 225 million principal amount of notes higher by 2020, which will bear interest at the rate of 6.875%. Supply is effected under a shelf registration statement and should close on 20 December 2010.
The company intends to use the net proceeds of offers to buy his main 8.875 notes outstanding % from 15 March 2011 and pay and expenses with respect to the offer and the redemption purposes general business.
BofA Merrill Lynch and J.P. Morgan acted as joint book-running offer managers.
The company filed a statement of registration (including related prospectus and the prospectus supplement to the offer) with the Securities and Exchange Commission ("SEC") for the offering to which this communication relates. Before you invest, you should read the applicable preliminary prospectus supplement and the prospectus accompanying for information more complete on this offer and the company. You can get these documents for free by visiting the SEC to the www.sec.gov website. Moreover, copies can be obtained from BofA Merrill Lynch to the attention of the World Financial Center, New York, NY 10080, 4: operations Union or by telephone at 800-294-1322 or by email: dg.prospectus_requests@baml.com.
This press release is not an offer to sell securities and solicit an offer to buy these securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would forward illegal registration or qualification under the securities of such jurisdiction laws. The securities offered have not been approved or deprecated by any regulatory authority, or any such authority passed on the accuracy or relevance of the prospectus supplement or shelf registration statement or prospectus.
On Briggs & Stratton Corporation:
Briggs & Stratton Corporation headquartered in Milwaukee, Wisconsin, is the producer country gasoline for outdoor power equipment. Its subsidiary subsidiary Briggs & Stratton Power Products Group, LLC is manufacturer number one portable generators and cleaners North American high pressure is a leading designer, manufacturer and distributor of lawn and garden and lawn care through its trademark simplicity ®, snapper ® Ferris ®, Murray ®, Victa ®. The company products are designed, manufactured, marketed and more than 100 countries on six continents.
Safe Harbor statement:
This release contains certain forward-looking statements involve risks and uncertainties that could cause actual results differ significantly from those in forward-looking statements. The words "anticipate", "believe", "pourrait", "estimate", "expect", "forecasts", "plans", "can" says "objective", "plan", "project", "seek", "believe", "will" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on the current views of society and assumptions and involve risks and uncertainties include, among other things, the ability of forecast demand for our products successfully and properly adjust our production and inventory levels. changes in our operating costs. changes in rates of interest; the effects of weather on original equipment manufacturers (OEMs); and consumer purchasing habits shares of manufacturers of engines and OEMs with whom we compete. the seasonal nature of our business. changes in laws and regulations, including environment, tax, pension funds and accounting; standards the ability to obtain adequate working capital and meet the related Covenants. stops working or other consequences of any deterioration in relations with employees. stops working by other unions that affect the ability of suppliers or customers manufacturing; acts of war or terrorism which may disrupt our business operations or those of our customers and suppliers; changes and client demand for OEM; evolution of prices for raw materials and parts that we buy. changes in economic conditions, including starts and changes in the confidence of consumers; changes in the market value of the assets in our diet benefit determined and any related financing needs. changes in economic conditions, including fluctuations in the rate of Exchange; the actions of clients of our OEM customers. the ability to bring new productive capacity online effectively and with a good quality; the ability to achieve the maximum value of goods which may require a provision market successfully products or methods of production of change; new facts come to the later evolution of litigation proceedings that could affect our assessment of these issues; and other factors which may be disclosed time to time in our SEC deposits or otherwise, including the factors discussed in the company, dated 13 December 2010 dated prospectus supplement and 1 point a, the risk factors of the company in its reports on form 10-Q and form 10-K annual report. Some or all of the factors may be beyond our control. We cautions you that any forward-looking statement reflects our belief at the time where that the statement was made only one. We did ourselves under no obligation to update any forward-looking statement to reflect events or circumstances after the date on which the Declaration is made.
SOURCE Briggs & Stratton Corporation
Back to topThursday, December 16, 2010
Americold real estate Trust announces end of Versacold Acquisition and financing (prnewswire.com)
ATLANTA, December 15, 2010/PRNewswire / - Americold Realty Trust ("Americold") today announced that the company has successfully completed the acquisition of the international society of Versacold warehouse and operations at United States, Australia New Zealand, Argentina, as well as a Canadian subsidiary. This strategic acquisition combines two of the main warehouse in temperature controlled industry companies. Now, the Americold portfolio includes 182 temperature-controlled warehouses located in United States (152), Australia (9), New Zealand (9), China (7), Argentina (2) and (3) Canada and represents more than 1 billion foot cubes of total storage space.
"Americold welcomes Versacold and client team Americold family and looks forward to providing the best transparent services thanks to the combined facilities and operations of the two companies," said Ron Burkle, Chairman of Americold and Yucaipa partner companies. "Warehouses and Versacold operations are a natural leader of Americold. industry portfolio complement". This two years of intensive work by The Companies Yucaipa global industry CAP to merge Americold Versacold to create a leader. »
"We are committed to continually improve the quality of our service to our customers valued," said Jos Opdeweegh, CEO of Americold. "The acquisition of Versacold we allow to better serve our customers seeking solutions at the national level as well as international key."
The transaction was financed by raising $ 375 million of new capital in the form of two strategic investors, affiliates of GS Capital Partners and China Merchants Holdings (International) Company Limited (CMHI) and the issuance of $ 600 million 10 years Commercial Mortgage certificates at a weighted average initial 4.95% p.a interest rate convertible preferred shares. Equity investment was led by GS Capital Partners. J.P. Morgan and Goldman Sachs & co assume subscription offer of CMBS joint with J.P. Morgan, acting as a unique structuring agent.
Capital of CMHI represents an increasing strategic relationship with Americold, arising from the creation of a joint venture in July 2010 between the two companies. This joint venture is third first warehouse in temperature-controlled China supplier integrated national platform. Is the market grows cold storage in the world.
Yucaipa Companies remains the majority shareholder in Americold.
On China Merchants
China Merchants Group, one of the largest and conglomerates in China State-owned control CMHI mediated by which it engages primarily in investment and operation of ports along the coast of China. CMHI, listed on the stock exchange of Hong Kong, blue chip company established a full container ports and related areas of logistics network in three regions economically dynamic delta Chinese, maintaining a broad base of clients in China and abroad.
In addition to its majority stake in CMHI China Merchants Group focuses on the real estate development, financial services and transportation of energy.
On GS Capital Partners
Since 1986, Goldman Sachs Merchant Banking Division and its predecessor sectors raised private equity and principal debt investment fund with more than 82 billion to capital (including the effect of leverage) 16. GS Capital Partners VI is the current capital vehicle that Goldman Sachs leads its broad investment activities negotiated, company equity. A global leader in corporate capital investment, GS Capital Partners is a family of funds focusing on large, high quality and has a strong management and acquisition or expansion financing companies in a variety of industries and geographies. Founded in 1869, Goldman Sachs is an investment overall leader in banking, securities and investment management firm that provides a wide range of financial services to a large and diverse clientele that includes corporations, financial institutions, Governments and the high-net-worth individuals. For more information, please visit www.gs.com/pia.
Yucaipa enterprises
Corporations Yucaipa is a company investment Prime Minister set a record to promote the economic value through growth and responsible for business development. Since its foundation in 1986, the company completed mergers and acquisitions valued at more than 30 billion dollars. An investor, Yucaipa works with strategic management reposition businesses and implement operational improvements, which resulted in the creation of value for investors.
On Trust Realty Americold
Americold is the world leader in temperature-controlled warehouse with the largest network in the United States and Australia, New Zealand, China, Argentina and Canada properties. Americold warehouses are an integral part of the supply chain that connects producers, distributors and retailers that store products in temperature-controlled warehouses and use frozen and perishable food services.
For more information about Americold, visit www.americoldrealty.com.
SOURCE Americold Realty Trust
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http://www.americoldrealty.com
Friday, December 10, 2010
Sustainable Umami sea Inc. announces first-half sales estimates (Yahoo!)
SAN DIEGO, 9 December 2010 FirstCall /-Umami sustainable Seafood Inc. (OTCBB: UMAM .ob - News) ("Umami" or the "company") announced today that it expects to have collected about 1,400 metric tons of red tuna with a value of sales of approximately $ 25 million for the six months ending December 31, 2010.
The company expects to harvest approximately 400 tonnes of bluefin tuna to its operation of Kali tuna in Croatia and 1 000 metric tons in Baja Aqua Farms operating in the Mexico. 1 000 Metric tons at low approximately 650 metric tons were collected before completion of the acquisition of bass Umami. Umami in these sales interest is included in the statement of income under the earnings from investment in subsidiaries not consolidated for the period. These sales after the completion of acquisition of Baja, estimated total 350 tonnes, will be included in the sales and operation of the Umami for the six months ending December 31, 2010.
The company also announced plans at the end of the six months ending December 31, 2010 with approximately 5 000 tonnes of biomass which are available for sale or growth in agricultural facilities.
In announcing these results, Oli Steindorsson, President and CEO commented: "response to the announcement of the closure of the acquisition of Baja last week, it is gratifying to see our harvest generating significant cash flow to operational expansion of our activities, as well as operating results help." We believe that the acquisition of Baja high our operations of bluefin tuna to the highest standards and we will continue to exploit the benefits of our sustainable development platform to generate superior financial results. »
About the company
The company owns and operates Kali, tuna is an established basic aquaculture operation Croatian farm for bluefin tuna in the Croatian Adriatic Sea and, since November 30, 2010, Baja Aqua Farms, which is a Mexico established part operation based aquaculture farm for bluefin tuna in the Pacific. The company has become the leader in aquaculture for bluefin tuna in the North through the acquisition and growth internal. The growth of the company will be based on sustainable and economically sound management practices, research opportunities resulting from the consolidation of the market and scientific progress in the industry. We also intend to continue our agricultural research in closed-cycle technology for bluefin tuna, which has produced encouraging results.
Notice regarding Forward Looking statements
This press release contains projections and forward-looking statements that this term is defined in section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. In this release news, statements that are not purely historical, are forward-looking statements may include, without limitation, statements based on current expectations, involving a number of risks and uncertainties and are not guarantees of future company performance. There is a risk and uncertainties that could cause actual results and the company plans and objectives differ materially from those expressed in forward-looking information, including (i) many deterioration of the market; (ii) any undesirable occurrences with which relates to usually farmed seafood industry or business of Kali tuna and Baja specifically. and (iii) changes in the regulatory environment. Actual results and future events could differ materially from those predicted in this information. These and subsequent information written and oral forward-looking all are based on estimates and opinions of management on the dates they are deployed and are expressly qualified in their entirety by this notice. Although the company believes that the beliefs, plans, expectations and intentions contained in this press release are reasonable there can be no assurance of these beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all information contained herein and as outlined in the annual report on form 10-K company risk factors also refer, filed on 22 October 2010 and other reports filed or be deposited from time to time with the Securities and Exchange Commission.