Citigroup

Zoetis to Sell Medicated Feed Additive Portfolio to Phibro Animal Health

Retrieved on: 
Sunday, April 28, 2024

Zoetis Inc. (NYSE:ZTS) and Phibro Animal Health Corporation (Nasdaq: PAHC) today announced that they have entered into a definitive agreement where Phibro Animal Health will acquire Zoetis’ medicated feed additive (MFA) product portfolio, certain water soluble products and related assets for $350 million, subject to customary closing adjustments.

Key Points: 
  • Zoetis Inc. (NYSE:ZTS) and Phibro Animal Health Corporation (Nasdaq: PAHC) today announced that they have entered into a definitive agreement where Phibro Animal Health will acquire Zoetis’ medicated feed additive (MFA) product portfolio, certain water soluble products and related assets for $350 million, subject to customary closing adjustments.
  • View the full release here: https://www.businesswire.com/news/home/20240428775498/en/
    Both Zoetis and Phibro Animal Health have a longstanding commitment to the production animal health sector.
  • More than 300 Zoetis colleagues who support manufacturing, distribution and commercial activities are expected to transition to Phibro Animal Health.
  • This transaction demonstrates Zoetis’ disciplined capital allocation strategy to focus its investments on solutions for animal health, productivity and sustainability.

FinovateSpring 2024: Shaping the Future of Fintech in San Francisco

Retrieved on: 
Wednesday, April 10, 2024

SAN FRANCISCO, April 10, 2024 (GLOBE NEWSWIRE) -- via NetworkWire -- Informa PLC (“ Informa ”), a London-based global leader in events production, digital products, and academic research services, is proud to announce the return of FinovateSpring , the premier fintech conference dedicated to shaping the digital future of financial institutions.

Key Points: 
  • SAN FRANCISCO, April 10, 2024 (GLOBE NEWSWIRE) -- via NetworkWire -- Informa PLC (“ Informa ”), a London-based global leader in events production, digital products, and academic research services, is proud to announce the return of FinovateSpring , the premier fintech conference dedicated to shaping the digital future of financial institutions.
  • The highly anticipated in-person event will take place from May 21-23, 2024, at the Marriot Marquis San Francisco.
  • FinovateSpring is renowned for bringing together executives and thought leaders at the vanguard of revolutionizing the financial services industry.
  • Over three dynamic days, the event will feature 100-plus distinguished speakers and 50-plus live product demos from both emerging fintech innovators and established industry leaders.

Rubrik Announces Pricing of Upsized Initial Public Offering

Retrieved on: 
Thursday, April 25, 2024

Rubrik, Inc. today announced the pricing of its upsized initial public offering of 23,500,000 shares of its Class A common stock at a public offering price of $32.00 per share.

Key Points: 
  • Rubrik, Inc. today announced the pricing of its upsized initial public offering of 23,500,000 shares of its Class A common stock at a public offering price of $32.00 per share.
  • In addition, Rubrik has granted the underwriters a 30-day option to purchase up to an additional 3,525,000 shares of its Class A common stock at the initial public offering price, less underwriting discounts and commissions.
  • KeyBanc Capital Markets, Cantor, CIBC Capital Markets, Capital One Securities, Wedbush Securities, and SMBC Nikko are acting as co-managers for the offering.
  • A registration statement related to the shares being sold in this offering was declared effective by the U.S. Securities and Exchange Commission on April 24, 2024.

KnowBe4 to Acquire Egress

Retrieved on: 
Wednesday, April 24, 2024

KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, today announced it has entered into a definitive agreement to acquire Egress, a leader in adaptive and integrated cloud email security.

Key Points: 
  • KnowBe4, the provider of the world’s largest security awareness training and simulated phishing platform, today announced it has entered into a definitive agreement to acquire Egress, a leader in adaptive and integrated cloud email security.
  • By acquiring Egress, KnowBe4 plans to deliver a single platform that aggregates threat intelligence dynamically, offering AI-based email security and training that is automatically tailored relative to risk.
  • By providing a single platform from KnowBe4 and Egress, our customers will benefit from differentiated aggregate threat detection to stay ahead of evolving cyber threats and foster a strong security culture,” said Stu Sjouwerman, CEO, KnowBe4.
  • Citi served as exclusive financial advisor to Egress and Orrick, Herrington & Sutcliffe LLP served as legal counsel to Egress.

Icon Solutions Welcomes Citi Executives to its Board of Directors

Retrieved on: 
Monday, April 22, 2024

Icon Solutions has today announced the appointment of James West, Head of Payments’ Business Execution & Platform Modernisation, Citi Services, to its Board of Directors.

Key Points: 
  • Icon Solutions has today announced the appointment of James West, Head of Payments’ Business Execution & Platform Modernisation, Citi Services, to its Board of Directors.
  • Amit Rijhsinghani, Head of Payments Technology, Citi Services, has also been appointed as a Board Observer.
  • Amit joined Citi 13 years ago and is responsible for formulating and driving the technology strategy for Payments within Citi Services.
  • The appointment of James and Amit to Icon’s Board of Directors follows Citi’s strategic investment in Icon in December 2023.

Wolters Kluwer announces two senior executive appointments

Retrieved on: 
Wednesday, April 17, 2024

Suzanne Konstance will succeed Dubey as General Manager of Wolters Kluwer Legal & Regulatory U.S, part of the company’s Legal & Regulatory division, effective May 1.

Key Points: 
  • Suzanne Konstance will succeed Dubey as General Manager of Wolters Kluwer Legal & Regulatory U.S, part of the company’s Legal & Regulatory division, effective May 1.
  • Martin O’Malley, CEO of Wolters Kluwer Legal & Regulatory: “I am grateful for Atul’s incisive leadership, which has seen our solutions, services and customers thrive during a period of unparalleled transformation for our industry.
  • Prior to joining Wolters Kluwer, Konstance held senior roles at Pitney Bowes, Citibank, and MetLife.
  • For more information about Wolters Kluwer, please visit: www.wolterskluwer.com

APi Group Announces Launch of Public Offering of Common Stock

Retrieved on: 
Tuesday, April 16, 2024

APi Group Corporation (NYSE: APG) (“APi” or the “Company”) announced today that it has commenced an underwritten public offering of 11,000,000 shares of its common stock.

Key Points: 
  • APi Group Corporation (NYSE: APG) (“APi” or the “Company”) announced today that it has commenced an underwritten public offering of 11,000,000 shares of its common stock.
  • In connection with the offering, APi intends to grant the underwriters a 30-day option to purchase additional shares of its common stock.
  • All of the shares of common stock to be sold in the offering are to be sold by APi.
  • APi intends to use the net proceeds from the offering for general corporate purposes, which may include capital expenditures, working capital and acquisitions.

APi Group Announces Pricing of Public Offering of Common Stock

Retrieved on: 
Wednesday, April 17, 2024

APi Group Corporation (NYSE: APG) (“APi” or the “Company”) announced the pricing of an underwritten public offering of 11,000,000 shares of common stock at a public offering price of $37.50 per share.

Key Points: 
  • APi Group Corporation (NYSE: APG) (“APi” or the “Company”) announced the pricing of an underwritten public offering of 11,000,000 shares of common stock at a public offering price of $37.50 per share.
  • The gross proceeds to APi from the offering are expected to be approximately $412,500,000 million before deducting underwriting discounts and commissions and offering expenses payable by APi.
  • APi has granted to the underwriters a 30-day option to purchase an additional 1,650,000 shares of its common stock.
  • All of the shares of common stock to be sold in the offering are to be sold by APi.

PACS Group, Inc. Announces Closing of Its Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares from the Selling Stockholders

Retrieved on: 
Tuesday, April 16, 2024

In addition, the underwriters have exercised their 30-day option to purchase an additional 3,214,284 shares of the Company’s common stock at the initial public offering price from the selling stockholders, less underwriting discounts and commissions.

Key Points: 
  • In addition, the underwriters have exercised their 30-day option to purchase an additional 3,214,284 shares of the Company’s common stock at the initial public offering price from the selling stockholders, less underwriting discounts and commissions.
  • PACS did not receive any proceeds from any sale of shares by the selling stockholders.
  • The Company’s common stock is listed on the New York Stock Exchange under the ticker symbol “PACS.”
    This press release features multimedia.
  • (Photo: NYSE Group, Inc.)
    Citigroup, J.P. Morgan and Truist Securities acted as lead book-running managers for the offering.

Tanium Kicks Off Converge World Tour in New York City with Customers, Partners, and the Debut of New Autonomous Endpoint Management Capabilities

Retrieved on: 
Tuesday, April 16, 2024

Tanium , the industry’s leading provider of Converged Endpoint Management (XEM) , kicked off its Converge World Tour in New York City as it convenes executives, customers, product leaders, and partners in six cities around the world including Washington DC, London, Munich, Paris, and Tokyo.

Key Points: 
  • Tanium , the industry’s leading provider of Converged Endpoint Management (XEM) , kicked off its Converge World Tour in New York City as it convenes executives, customers, product leaders, and partners in six cities around the world including Washington DC, London, Munich, Paris, and Tokyo.
  • Participants will learn about the latest industry trends, hear inspiring customer and partner success stories, and get a first look at the newest automation capabilities of the award-winning Tanium XEM platform.
  • Attendees will hear from other company leaders as they share the stage with customers Morgan Stanley, Williams Sonoma, JLL, and more.
  • “Across the Converge World Tour, we’re rolling out innovative autonomous capabilities within the Tanium XEM platform,” said Steve Daheb, chief marketing officer at Tanium.