CRUCIAL INNOVATIONS, CORP. : Termination of a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K) marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
(Separate multiple addresses with a comma)
Your Email Address
Your Message (optional)
Hertz Selects $6B Bid From Knighthead, Certares and Apollo to Fund Chapter 11 Exit
May 13, 2021, 08:00 AM
Hertz Global Holdings announced that, following the completion of the auction previously approved by the Court in its Chapter 11 case, Hertz has selected and approved a revised proposal from certain funds and accounts managed by affiliates of each of Knighthead Capital Management LLC ( Knighthead ), Certares Opportunities LLC ( Certares ) and Apollo Capital Management, LP ( Apollo and together with Knighthead and Certares, the KHCA Group ) to provide the equity capital required to fund Hertz s revised Plan of Reorganization and exit from Chapter 11. The proposed agreements with the KHCA Group, as well as any necessary modifications to the Plan and solicitation procedures, are subject to the approval of the Bankruptcy Court at a hearing scheduled for Friday, May 14, 2021
Hertz Selects $6 Billion Bid From Knighthead, Certares And Apollo To Fund Chapter 11 Exit
REVISED PROPOSAL WOULD PAY ALL CREDITORS IN FULL AND PROVIDE SUBSTANTIAL INCREASE IN THE RECOVERY TO SHAREHOLDERS
News provided by
Share this article
Share this article
ESTERO, Fla., May 12, 2021 /PRNewswire/ Hertz Global Holdings, Inc. (OTCPK:HTZGQ) ( Hertz or the Company ) today announced that, following the completion of the auction previously approved by the Court in its Chapter 11 case, Hertz has selected and approved a revised proposal from certain funds and accounts managed by affiliates of each of Knighthead Capital Management LLC ( Knighthead ), Certares Opportunities LLC ( Certares ) and Apollo Capital Management, LP ( Apollo and together with Knighthead and Certares, the KHCA Group ) to provide the equity capital required to fund Hertz s revised Plan of Reorganization and exit from Chapter 11. The proposed agreements with the KHCA Group, as well as any necessary modificat
Motilal Oswal PE buys minority stake in Fincare Small Finance Bank for about ₹185 crore
May 03, 2021
×
The deal provides partial exit to True North Fund V LLP, one of the key investors in the firm
Motilal Oswal Private Equity (MOPE) has picked up a minority stake in Fincare Small Finance Bank for $25 million (about ₹185 crore) through a secondary acquisition. The deal provides partial exit to True North Fund V LLP, one of the key investors in the firm.
The deal was done by India Business Excellence Fund–III, a fund managed and advised by MOPE, it said in a statement.
Vishal Tulsyan, Managing Director and CEO of MOPE, said: “Over the past decade microfinance has established itself as an asset class with potential for high growth and profitability. Based on our assessment, a small finance bank is the best platform to capitalise on this opportunity.”
(0)
Stock purchase price under the agreement increases to $3.00 per share
SAN FRANCISCO, CA / ACCESSWIRE / April 8, 2021 / Jaguar Health, Inc. (NASDAQ:JAGX) today announced that Jaguar has entered into an amendment (the Amendment ) to the March 24, 2020 equity purchase agreement (the Equity Purchase Agreement ) with Oasis Capital, LLC ( Oasis Capital ). As previously announced, Oasis is committed to purchasing up to an aggregate of $2.0 million of Jaguar common stock over the 36-month term of the Equity Purchase Agreement. Per the terms of the Amendment, the purchase price for each share of Jaguar common stock purchased by Oasis Capital under the Equity Purchase Agreement will increase from $0.436 to $3.00.