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Gary focuses on deals in the healthcare, leveraged finance, financial services, and real estate industries. He has also worked on deals in the consumer and transportation sectors.
This publication gives an overview of the European Investment Bank’s support for sustainable transport. The stories, videos and case studies, illustrate how the Bank’s financing and advice help countries, regions and cities. It details the Bank’s activities in the sector and highlights key projects.
BOLTON, Ontario, July 31, 2023 (GLOBE NEWSWIRE) -- Titanium Transportation Group Inc. Titanium has the funds to close the transaction and does not require additional financing.
From healthcare to finance, from transportation to entertainment, there is hardly an industry untouched by the transformative powers of AI. With its remarkable ability to perform […]
Biggest transportation companies in USA In the vast landscape of the United States, transportation plays a pivotal role in keeping the nation connected. From shipping goods to flying passengers and transporting vital commodities, the USA’s transportation industry is bustling with activity.
If you want to work in the most cyclical role in the finance industry, it’s hard to beat commodity hedge funds. Dedicated commodity trading firms such as Trafigura and Gunvor that buy and sell physical commodities and transport them globally. The post Commodity Hedge Funds: The Most Lucrative “Hidden Gem” in Finance?
With the craze over renewable energy and infrastructure over the past few years, we’ve received more and more questions about Project Finance vs. Corporate Finance. And yes, coincidentally, we have a new Project Finance & Infrastructure Modeling course. By contrast, Project Finance roles are more specialized and “siloed.”
billion) a year to reach its net zero targets in the transport sector by 2050, campaign group Transport & Environment (T&E) said on Monday, issuing five key recommendations for the European Union. By Alessandro Parodi (Reuters) – Europe needs to spend 39 billion euros ($42.46
billion) a year to reach its net zero targets in the transport sector by 2050, campaign group Transport & Environment (T&E) said on Monday, issuing five key recommendations for the European Union. By Alessandro Parodi (Reuters) – Europe needs to spend 39 billion euros ($42.46
As the Olympics loom, Paris’s transport grid worries wheelchair users By Yiming Woo PARIS (Reuters) – With just under a year to go before the Paris 2024 Olympics and Paralympics, campaigners are worried would-be spectators using wheelchairs could feel left out of the Games as only a small number of metro stations are accessible without (..)
electric vehicle (EV) maker Rivian in Germany over the coming weeks as part of long-term plans to electrify its transportation network, it said on Tuesday. Amazon rolls out first European Rivian vans in Germany By Nick Carey (Reuters) – E-commerce giant Amazon will deploy its first European vans from U.S.
Strikes bring public transport to near standstill across Germany BERLIN (Reuters) – Buses, trams and underground trains stood idle across most of Germany on Friday at the culmination of a week of staggered public transport strikes triggered by disputes over working hours.
By Andrew MacAskill LONDON (Reuters) -Britain’s transport minister Louise Haigh has resigned after pleading guilty years ago to an offence in connection with misleading police over a work mobile phone, in another blow to Prime Minister Keir Starmer.
Icon” or the “Company”) (Nasdaq: ICON), an international shipping company that provides worldwide seaborne transportation services for dry bulk cargoes, today announces: ATHENS, Greece, Aug. 23, 2024 (GLOBE NEWSWIRE) -- Icon Energy Corp.
Along with sustainable transport, which has traditionally accounted for the largest share of the EIBs lending volume in the region, clean energy projects made up 31% of the total financing last year, reaching a record of 213 million.
Self-driving cars could be on UK roads by 2026 -minister LONDON (Reuters) – Self-driving cars could be on some British roads by 2026, the country’s transport minister Mark Harper said on Wednesday.
In 2023, the European Investment Bank Group, comprising the European Investment Bank (EIB) and the European Investment Fund (EIF), directed its financing in Austria mainly to projects that support renewable energies, water supply and social housing. Other key areas of financing were research, development and innovation and transport.
Leveraged buyouts involve acquiring a controlling interest in a mature company, typically through a combination of equity and debt financing, using the acquired company’s assets as collateral to secure debt financing. Private equity firms also invest in distressed debt or provide private debt financing.
The EIB’s activity in Bulgaria last year included financing for sustainable agriculture, transport mobility, healthcare, innovation, and small and mediumsized enterprises (SMEs) and mid-caps. The EIB Group, made up of the European Investment Bank (EIB) and the European Investment Fund (EIF), supported Bulgaria’s economy with €1.11
The future of self-driving rideshare fleets promises to revolutionize transportation, offering unparalleled convenience and efficiency. However, as with any groundbreaking technology, it brings a host of legal challenges that need careful consideration.
Malta to ban rented e-scooters from March VALLETTA (Reuters) – Malta will ban all rental e-scooters from March 1 because of the inconvenience they cause pedestrians, the Transport Ministry said in a surprise announcement on Friday. “E-scooter violations are so rife […]
The Company expects to finance the purchase price of the vessel with a combination of cash on hand and borrowings under a new senior secured facility that the Company anticipates it will enter into prior to taking delivery of the vessel.
Intrepid’s Supply Chain & Logistics Group will offer M&A advisory and other capital markets support to middle-market companies offering transportation & logistics services and a diverse range of mission-critical supply chain solutions. and he led the Transportation & Logistics Group at Piper Sandler prior to that.
Washington, DC, (September 16, 2024) – FOCUS Investment Banking , a national middle market investment banking firm providing merger, acquisition, divestiture, and corporate finance services, would like to congratulate Cole Strandberg on his promotion to Managing Director within its Automotive Aftermarket group.
Autonomous vehicles are no longer just a futuristic concept; they are rapidly becoming a reality, poised to revolutionize our roads and the way we think about transportation. One of the most significant areas impacted by this transformation will be car insurance and accident liability.
By Ashley Tang and Mandy Leong KUALA LUMPUR (Reuters) -Malaysia has agreed to resume the search for the wreckage of missing Malaysia Airlines Flight MH370, its transport minister said on Friday, more than 10 years after it disappeared in one of the world’s greatest aviation mysteries.
By Joanna Plucinska (Reuters) – Most of the world’s airlines are not doing enough to switch to sustainable jet fuel, according to a study by Brussels-based advocacy group Transport and Environment, which also found too little investment by oil producers in the transition.
By Sachin Ravikumar and Hannah Ellison LONDON (Reuters) – London’s Tube map is being celebrated in a new exhibition that traces the evolution of its much-loved design that has inspired transport network guides around the world.
According to the two lawsuits, Moderna’s lipid nanoparticles for transporting fragile mRNA into the human body […] By Blake Brittain (Reuters) -British drugmaker GlaxoSmithKline sued Moderna in U.S.
By Samuel Shen and Ryan Woo SHANGHAI/BEIJING (Reuters) -Shanghai halted transportation links, recalled ships and shut tourism spots including Shanghai Disney Resort on Sunday as it braced for Typhoon Bebinca, in what could be the strongest tropical cyclone to hit the Chinese financial hub since 1949.
to partly finance the acquisition which is expected to be drawn by October 16, 2023. ATHENS, Greece, Oct. 13, 2023 (GLOBE NEWSWIRE) -- EuroDry Ltd. The consideration for the vessel was paid by cash at-hand; the Company has arranged a sustainability-linked loan of $10.5 million with Eurobank S.A.
FRANKFURT (Reuters) – German container firm Hapag-Lloyd on Thursday posted a 47% drop in net profit for the first nine months of 2024 but retained its recently raised earnings outlook for the full year, citing higher transport volumes driven by demand.
The resulting Percentage Accretion / Dilution will be lower because of the new shares that have to be issued to finance the transaction. The acquisition will be 100% cash, paid for with debt at 4% interest rate. The model will automatically recalculate using an all-stock acquisition structure.
Philippine inflation slows in June, supports extended rate pause By Karen Lema and Enrico Dela Cruz MANILA (Reuters) -Philippine annual inflation eased for a fifth straight month in June, supporting expectations the central bank will keep rates unchanged for longer as food and transport cost pressures ease. The consumer price index rose 5.4%
Petty cash, often overlooked, plays a crucial role in day-to-day operations, covering expenses ranging from office supplies to transportation costs. Central finance teams, tasked with overseeing petty cash across multiple locations, face many obstacles.
Bridger will acquire Bighorn’s fleet of 12 aircraft used for wildfire smoke jumping as well as special mission transport and delivery for government customers. The acquisition will be financed through a combination of cash and stock, with the majority of consideration paid to the sellers in the form of stock.
Financing Options Explore various financing methods, such as traditional mortgages, investment loans, or owner financing. ,3. Financing Options Evaluate financing methods, such as commercial mortgages, real estate investment trusts (REITs), or private equity funding. ,4.
gave financial advice to Dallas-based Sunoco, which distributes motor fuel and owns refined product transportation and terminal assets. provided committed financing for the deal. CEO Joe Kim, senior vice president of finance Scott Grischow and general counsel Arnold D. Truist Securities Inc. Truist and Bank of America Corp.
PRAGUE (Reuters) – The Czech Republic will join Italy in seeking to prevent carmakers from facing heavy penalties from next year when tougher CO2 emission rules take effect in the European Union, Czech Transport Minister Martin Kupka said on Sunday.
The company, which produces, transports and sells gas and electricity, said earnings before interest […] Engie Q1 profit drops on warmer winter, steady market By America Hernandez PARIS (Reuters) – French energy company Engie said on Friday first-quarter earnings fell 3.2%
In the world of finance, understanding costs is crucial for making informed decisions. This includes the cost of transportation, packaging materials, and insurance. One important aspect of cost analysis is understanding period costs. Period costs are expenses that are not directly tied to the production of goods or services.
At PW he served clients in the media, transportation, construction, human benefits, IT, manufacturing and distribution, logistics and transportation, consumer packaging and products, healthcare and retail fields. I’ve worked in the healthcare sector, transportation, manufacturing and distribution, and retail, to name a few.
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