Hints and tips:
...The sale to Ithaca — which is majority owned by Israel’s Delek Group — includes British assets that Eni took on with Neptune....
...Ithaca, whose majority owner is Israel’s Delek Group, said the transaction would create the second-biggest independent operator in the UK continental shelf, boosting its production above 100,000 barrels...
...Called Australian Wine Holdco, the consortium also includes asset managers Intermediate Capital Group, Capital Four, Sona Asset Management and Samuel Terry Asset Management....
...Bruce described the deal as “transformational” for the company as its owners, Tel-Aviv-listed Delek Group, prepared to float 12 per cent of its shares in London in November 2022....
...From a December press release: Liberty Media Corporation (“Liberty Media” or “Liberty”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) and Sirius XM Holdings Inc....
...HoldCo calculates that US Bank’s capital ratios, when factoring in likely regulatory changes, are just above 6 per cent, and below the 7 per cent minimum threshold required of the largest banks....
...It traded on the junior AIM market and the Toronto Stock Exchange before being bought by Delek....
...Israeli E&P Delek acquired Ithaca from the London market in 2017. It has since featured as a North Sea consolidator, acquiring Chevron’s assets there for $1.7bn in 2019....
...Let’s look at the board and holdco quickly....
...Ithaca, previously listed in Toronto and London, was acquired by Tel Aviv-listed Delek in 2017....
...A report prepared for Warrington council’s audit and finance committee in July showed it had advanced £151m of a £202m facility to an investment company called Icon 3 Holdco, which is indirectly controlled...
...Regulatory filings in California show that Mr Kalanick created a new holding company, CSS Intl HoldCo, last August, apparently to act as a vehicle for dealmaking abroad....
...Apax-backed cloud computing company ECi Software is set to raise $740m in new loans, while TPG’s broadband outfit, Radiate Holdco, is in the market for $500m....
...Deleverage was sizeable, with net debt falling to £1.2bn (inc deeply subordinated bonds, pre IFRS16), or down £343m YoY....
...The latest to jump into the sea is Ithaca Energy, which is owned by Israel’s Delek Group. It has agreed to buy stakes in ten oil and gasfields owned by Chevron of the US for £2bn....
...The agreement will see Ithaca, which is owned by Israel’s Delek Group, acquire Chevron North Sea Limited, bringing with it 10 stakes in producing oil and gasfields and increasing its 2019 output almost fourfold...
...Cue furious fists shaken at one of UK Inc’s few vocal Brexiters. Frankly, it already makes the stuff there, where business is booming....
...Ithaca, which is a subsidiary of Israel-based Delek Group, will pay approximately $145m on completion followed $120m of non-contingent deferred consideration in the period 2020-2023....
...Actavis Holdco U.S., Inc.; Actavis Pharma, Inc.; Ascend Laboratories, LLC; Apotex Corp.; Dr....
...Delek Group of Israel sees life under the North Sea....
...Asaf Bartfeld, Delek’s chief executive, said the takeover of Ithaca would “firmly establish Delek Group as a global E&P company, with international oil and gas assets and strong operational capabilities”...
...Delek and Avner’s shares both rose on Monday afternoon after the companies reported the news....
...Mr Hosie estimated the Delek deal would reduce EnQuest’s net debt to $1.75bn at the end of this year, down from his previous forecast of $1.94bn....
...Israel is already self-sufficient in gas from its Tamar field, operated by Noble and Delek; Mr Steinitz said Leviathan and any further finds would be used for export....
...Delek agreed to sell all of its 31.3 per cent stake....
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