Aker Bp Asa (akrbf) Q1 2024 Earnings Call Transcript
John Olaisen - ABG Teodor Sveen-Nilsen - Sparebank 1 Markets Sasi Chilukuru - Morgan Stanley Yoann Charenton - Societe Generale Mark Wilson - Jefferies Victoria McCulloch - RBC Lydia Rainforth - Barclays Kate O’Sullivan - Citi Anish Kapadia - Palissy Advisors Steffen Evjen - DNB Markets Good morning, and welcome to this presentation of Aker BP's First Quarter in 2024. The presentation will be given by our CFO, David Tonne and myself. And after the presentation, there will be, as usual, a Q&A session. Let me start by briefly touching upon the highlights.
Private Equity Firm Gtcr Buys Assetmark
Rumors swirled for months that the TAMP and technology provider was up for sale. : AssetMark Financial Holdings Inc. announced Thursday it agreed to be acquired by private equity firm GTCR. Stockholders of the turnkey asset management platform and technology provider will receive $35.25 per share in cash based on an equity valuation of $2.7 billion, according to a statement prepared by AssetMark. This grants GTCR full ownership of AssetMark, which the firm's board of directors unanimously approved. Chicago-based GTCR invests in more than 280 companies across many industries and sectors.
Cruise-ship Ipo Bets The Rich Will Always Float | Seeking Alpha
High-end cruise line Viking (VIK) is riding a grey wave. The California-based firm has filed to go public in New York, at a potential price of $10.8 billion, higher in relative valuation terms than its much larger peers Carnival (CCL) and Royal Caribbean (RCL). In its favor is a reliance on older, richer customers. That is fuel for rapid growth, though investors will be subject to the whims of the fortunate few, in more ways than one. Viking is not shy about targeting a fairly narrow demographic for its fleet of nearly 100 boats.
Lenskart's Fy23 Sales Surge Over 150% To Inch Closer To Inr 4,000 Cr Mark
Peyush Bansal-led eyewear giant Lenskart's sales inched closer to the INR 4,000 Cr mark in the financial year ended March...
London's Canary Wharf Sees $1.5B Slashed From Property Values, Et Realestate
Canary Wharf Group - which is joint owned by investors Brookfield and the Qatar Investment Authority - said in its 2023 earnings that its overall property portfolio declined in value to 6.8 billion pounds from 8 billion.
Woodsmith Mine Developer Anglo American In PS31bn Takeover Approach By Australian Rival
Anglo's board are now considered in the unsolicited offer from the world's largest mining company, BHP Billiton. : Anglo's board are now considered in the unsolicited offer from the world's largest mining company, BHP Billiton The mining giant behind a multibillion-pound fertiliser project in North Yorkshire and Teesside is the subject of PS31.1bn takeover approach from global rival BHP Billiton.
Bhp Makes $39bn Bid For Anglo American Amid Copper Rush - Nikkei Asia
SYDNEY/LONDON -- Australian mining leader BHP Group has proposed a 31.1 billion pound ($38.8 billion) takeover of U.K. miner Anglo American, eyeing the latter's copper assets as demand for the metal surges for use in renewable power and electric vehicles. BHP said in a statement Thursday that, along with Anglo's assets, the acquisition would bring "long-term growth potential."
Scholars Explain The Ideology That Says Technology Is The Answer To Every Problem
Silicon Valley venture capitalist Marc Andreessen penned a 5,000-word manifesto in 2023 that gave a full-throated call for unrestricted technological progress to boost markets, broaden energy production, improve education and strengthen liberal democracy.
Kim Kardashian's Private Equity Firm Skky Struggles To Raise Funds
Kim Kardashian's private equity firm SKKY Partners has struggled to land funding -- raising just a fraction of its $2 billion goal, according to a federal securities filings.
Mining Giant Bhp Bets On Copper With Megabid For Anglo American
JHVEPhoto / Getty Images BHP office building in Houston, Texas. KEY TAKEAWAYSMining giant BHP Group has offered to buy rival Anglo American for nearly $39 billion.The deal would be one of the largest transaction in the industry in years if it goes through.The all-share offer is contingent on Anglo American spinning off shareholdings in two South Africa-listed units, its platinum division and its iron ore one.
The Columbia Protests And The Debate Over Pro-palestinian College Students, Explained
Selcuk Acar/Anadolu via Getty Images The Columbia protests and the debate over pro-Palestinian college students, explained. Protests over the war in Gaza erupted on Columbia University's campus last week and have sparked demonstrations at other universities across the country. The demonstrations have resulted in some intense crackdowns and political scrutiny, all coming in the wake of recent congressional hearings on antisemitism on campus and amid an uptick in both antisemitism and anti-Muslim sentiment in the US.