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Shirkey includes Hillsdale County organizations in state budget

Shirkey includes Hillsdale County organizations in state budget
hillsdale.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hillsdale.net Daily Mail and Mail on Sunday newspapers.

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Sacked Malta airport CEO loses unfair dismissal bid

Sacked Malta airport CEO loses unfair dismissal bid
Former CEO Markus Klaushofer accused of showing interested buyer sensitive MIA data in bid to obtain 10-year contract at double his salary
3 August 2021, 7:48am
by Matthew Vella
Malta’s Industrial Tribunal ruled that former Malta International Airport chief executive officer Markus Klaushofer breached company confidentiality, when he exchanged sensitive data with a prospective buyer for MIA shares.
Klaushofer’s bid to have his 2015 sacking ruled illegal and obtain damages beyond a €400,000 termination offer which he refused, was thrown out by the Industrial Tribunal, which found him in serious breach of his obligations. ....

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Rent-a-bridesmaid business starting in North Texas

Rent-a-bridesmaid business starting in North Texas
spectrumlocalnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spectrumlocalnews.com Daily Mail and Mail on Sunday newspapers.

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In Line with its Strategy, Cascades Announces the Monetization of its Controlling Interest in RDM Group

In Line with its Strategy, Cascades Announces the Monetization of its Controlling Interest in RDM Group
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KINGSEY FALLS, QC, July 5, 2021 /PRNewswire/ - Cascades Inc. (TSX: CAS) (the Company ) is pleased to announce that it has entered into an agreement with an affiliate of funds managed by affiliates of Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, Apollo ) to sell its 57.6% equity interest in Reno De Medici S.p.A. (BIT: RM) ( Reno de Medici , or RDM ) for an all-cash price of €1.45 per share, corresponding to a total net cash consideration of approximately €315.3 million (approximately CAN$461 million). The purchase price is not subject to adjustment, except in case of potential leakages of value to the seller (such as, among others, dividends or returns of capital), provided that RDM s 2020 dividend that was paid to the shareholders in May 2021 will not be con ....

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Apollo Impact to Acquire Approx. 67% Stake in RDM Group, Leading European Producer of Recycled Cartonboard

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Transaction to be followed by tender offer to de-list RDM group
RDM, a leader in the circular economy, represents Apollo s first investment from its Impact platform
NEW YORK, July 05, 2021 (GLOBE NEWSWIRE) Apollo Global Management, Inc. (NYSE:APO) (together with its consolidated subsidiaries, Apollo or the Firm ) today announced that certain funds managed by its affiliates (the Apollo Funds ) have entered into definitive agreements to acquire a majority stake in Reno De Medici S.p.A. ( RDM , or the Company or the Issuer ) (BIT: RM/BME: RDM), a leading producer of recycled cartonboard in Europe.
Apollo Funds will acquire approx. 67% equity ownership in RDM from the Company s top two shareholders, Cascades Inc. (TSX:CAS) and Caisse de dépot et placement du Québec for EUR 1.45 per share (with no adjustments, save as further detailed below), representing a 24% premium to the 90-day volume weighted average share price. The closing of the transaction ....

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