Month: December 2024

HAFNIA LIMITED: Launch of Share Buy-Back Program

SINGAPORE–(BUSINESS WIRE)–Reference is made to the stock exchange announcement made by Hafnia Limited (“Hafnia” or the “Company”, OSE ticker code: “HAFNI”, NYSE ticker code: “HAFN”) on November 27, 2024 regarding its financial report for the third quarter 2024 and the Board resolution to authorize the management to initiate a share buyback program of up to USD 100 million (the “Authorization”), from December 2, 2024, to January 27, 2025, subject to market conditions. In furtherance of the Aut

KKR and Baupost Purchase 33 Marriott International Hotels in the UK from ADIA

LONDON–(BUSINESS WIRE)–Leading investment firms KKR and The Baupost Group today announced a joint venture to purchase a portfolio of 33 Marriott International hotels across the UK from a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA). Amante Capital, KKR’s vertically integrated European hospitality platform, will serve as managing partner for the joint venture and the properties will continue as premium Marriott branded hotels. The portfolio consists of 33 full-service p

Prosus Accelerates Growth, with 5X Improvement in Adjusted EBIT

AMSTERDAM–(BUSINESS WIRE)–Prosus N.V. (Prosus) (AEX and JSE: PRX): The first six months of the financial year have been a successful period for the Group. Our operations delivered topline growth of 26%, with consolidated Ecommerce revenue of US$3.0bn, and we increased Ecommerce adjusted EBIT by five times to US$181m. We recently celebrated the listing of Swiggy, valued at US$11.3bn, and sold US$2bn+ of assets, including a portion of our Swiggy stake and our Trip.com position. Our buyback has

WOLF INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Wolfspeed, Inc. Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

NEW YORK–(BUSINESS WIRE)—- $WOLF #Wolfspeed–Attorney Advertising–Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Wolfspeed, Inc. (“Wolfspeed” or “the Company”) (NYSE: WOLF) and certain of its officers. Class Definition This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Wolfspeed secu