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pdf (272 MB) 9 months 2020 results. TRANSACTION: ARDAGH. Ardagh Group S.A. â a global supplier of metal and glass beverage packaging â will retain an 80% stake in AMP and will receive up to $3.4bn in cash. Gores Holdings V is a special purpose acquisition company sponsored by an affiliate of The Gores Group, a global investment firm. Deal target: Ardagh Metal Packaging Current share price: $10.19 Gores is a long-time player in the SPAC space. In an investor presentation seen by Reuters, Ardagh Metal did not identify any ⦠Since joining Gores in 2010, Ms. Chou has been responsible for raising capital across Goresâ funds. and Ted Fike from the Gores team, to provide furtherdetail regarding the transaction terms and highlights. Ardagh Metal was valued at $8.5 billion in the Gores-backed merger. Such non-GAAP financial A boring business, but with great growth prospects. Prior to joining Gores, Ms. Chou was a Director at Sterling Partners, a private equity firm based in Chicago. Find out more. Ardagh Metal was valued at $8.5 billion in the Gores-backed merger. Business Combination Includes up to $525 Million in Cash from Gores Holdings V and $600 Million Private Placement Led by Top-Tier Investors. Justin Wilson, Senior Managing Director, The GoresGroup Thank you, Alec. ET. Gores said it will apply to list AMP's shares on the New York Stock Exchange under the ticker AMBP. General Information. Approximately $525M in cash held in Gores Holdings V's trust account, together with the $600M in private placement proceeds and ~$2.3B of the new debt ⦠Ardagh Group S.A. (NYSE: ARD) today announced its results for the first quarter ended March 31, 2021. US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. According to Ardagh Group S.A.'s financial reports the company's revenue in 2020 were 6.73B an increase (0%) over the years 2019 revenue that were of 6.66B. Ardagh Group (NYSE:ARD) announced that Gores Holdings V (NASDAQ:GRSVU) will combine with Ardagh's metal packaging business that will be held by Ardagh Metal Packaging S.A. and list its shares on NYSE under the new ticker symbol "AMBP". Additional information about the transactions, including a copy of the business combination agreement and investor presentation, will be ⦠25 2021, Updated 9:12 a.m. Additional information about the transactions, including a copy of the business combination agreement and investor presentation, will be ⦠Ardagh will retain a stake of approximately 80% and receive up to $3.4 billion in cash. Luxembourg-based Ardagh Group will retain an approximately 80% stake⦠Quarterly Results Earnings per share were down 20.00% year over year to $0.48, which beat the est... 7 months ago - Benzinga. Ardagh Metal was valued at $8.5 billion in the Gores-backed merger. ET) on April 29, 2021. In an investor presentation seen by Reuters, Ardagh Metal did not identify any ⦠As you can see from this oneâs name, this isnât their first deal. In 1978, he selffunded and founded Executive Business Systems (EBS), a developer and distributor of vertical business software systems. Shearman & Sterling LLP is acting as legal advisor, to Ardagh. Investor Inquiries Citi Basic Materials Conference 2020 Presentation. April 16, 2021. You will find a selection of the latest news at the bottom of this page, for our full range of news please click through to the News Centre. Feb 23 (Reuters) - Ardagh Group SA ARD.N said on Tuesday it will spin off its metal packaging business through a merger with a listed blank-check firm backed by billionaire Alec Gores, ⦠Ardagh Metal Packaging is preparing to sell around $2.3 billion of green junk bonds as soon as this week as part of its spinoff with blank-check company backed by billionaire financier Alec Gores. Ardagh Metal was valued at $8.5 billion in the Gores-backed merger. Luminarâs vision is to make autonomous transportation safe and ubiquitous. 99.1 Press Release issued by the Company on February 23, 2021. Sonder is a hospitality company focused at short-term rentals. Presentations. Ardagh Group: Q3 Earnings Insights. Company Profile. Presentations. The deal with Gores Holdings V will provide a total infusion of $3.4 billion to the spun-off company. This will be financed by a combination of $2.3 billion of new debt, $600m from new investors and the capital raised in Gores Holding V's initial public offering of shares last year. Ardagh Group S.A. (a global supplier of infinitely-recyclable metal beverage and glass packaging for the worldâs leading brands) and Gores Holdings V (NASDAQ: GRSV, GRSVU, and GRSVW) â a special purpose acquisition company sponsored by an affiliate of The Gores Group â announced today that they have entered into a definitive business combination agreement under which Gores Holdings ⦠Ardagh Metal Packaging to Combine With Gores Holdings V and List on NYSE. Sub-investment-grade firms rarely issue green bonds, which fund environmentally-friendly projects. Approximately $525M in cash held in Gores Holdings V's trust account, together with the $600M in private placement proceeds and ~$2.3B of the new debt ⦠Ardagh Metal Packaging sold $2.8 billion worth of green bonds on Friday, the biggest green issuance in the high-yield market to date, as a part of its plan to merge with a blank-check firm backed by billionaire Alec Gores. The issue from Ardagh Metal Packaging, which is being spun off ⦠: (203) 406-3160. INVESTOR RELATIONS PRESENTATION. Confidentiality The information GuruFocus Article or News written by Business Wire and the topic is about: Ardagh Metal was valued at $8.5 billion in the Gores-backed merger. For those of you who saw the pressrelease this morning, we filed a detailed investor presentation that provides an overview of both Sonderand the transaction. THE DETAILS Ardagh will retain an 80 percent stake in the new Ardagh Metal Packaging company, and receive some US$3.4 billion in cash under the terms of the deal. Ardagh will keep a roughly 80% stake in Ardagh Metal Packaging SA and get up to $3.4 billion in cash in the transactions, the companies said Tuesday. Investors in a private placement will hold about 10%, while Gores Holdings V's shareholders and sponsor will hold the rest, the companies added. People think the GRSV merger rumor with Ardagh metal can spin off is boring, but the metal can industry is apparently about to double in the next three years! https://www.irishtimes.com/business/manufacturing/ardagh-ups-investment-plan-to-double-drink-cans-earnings-1.4486369 Ardagh Group S.A. Ardagh Group S.A. (NYSE: ARD) will hold its first quarter 2021 earnings webcast and conference call for investors at 3 p.m. BST (10 ⦠Current share price: $10.19. The issue from Ardagh Metal Packaging, which is being spun off ⦠Ardagh Group is considering listing can business through Alex Gores SPAC. Ardagh Metal was valued at $8.5 billion in the Gores-backed merger. Shearman & Sterling LLP is acting as legal advisor, to Ardagh. Ardagh Group to ⦠Statement of Extra-Financial Performance 2020. Investor Conference Call Information Management of Ardagh and Gores Holdings V will host an investor conference call on February 23, 2021 at 9:00 a.m. EST / 6:00 a.m. PST to discuss the proposed business combination. Ardagh Metal was valued at $8.5 billion in the Gores-backed merger. Deal target: Ardagh Metal Packaging. Founded as a single store in 1960, Dominoâs Pizza today stands as the recognized world leader in pizza delivery. The new company would apply to list on the NYSE under AMBP. On Feb. 23, Gores Holdings V (GRSV) announced plans to merge with Ardaghâs metal-packaging business unit. Hereâs what passed this year. I have started to build a ⦠Ardagh Group said today it will spin off its metal packaging business through a merger with a listed blank-check firm backed by billionaire Alec Gores, in ⦠The deal is part of the company's plan to merge into a SPAC backed by billionaire Alec Gores. Ardagh Metal Packaging sold $2.8 billion worth of green bonds on Friday, the biggest green issuance in the high-yield market to date, as a part of its plan to merge with a blank-check firm backed by billionaire Alec Gores. About Ardagh Group S.A. (333- ) Subject Companies: Ardagh Metal Packaging S.A. Gores Holdings V, Inc. (Commission File No. From the beginning, we have been dedicated to the best of service, quality products and delivery excellence. Billionaire Alec Gores has become a serial SPAC backer as the market has superheated for special-purpose acquisition companies. In an investor presentation seen by Reuters, Ardagh Metal did ⦠Additional information about the transactions, including a copy of the business combination agreement and investor presentation, will be provided in a Current Report on Form 8-K to be filed by Gores Holdings V and in a report on Form 6-K to be filed by Ardagh with the U.S. Securities and Exchange Commission and available at www.sec.gov. I think itâll pop once the investor presentation comes out and we see the actual growth numbers. The conference call will be accompanied by a detailed investor presentation. On March 12, 2021, the Group, in connection with the transaction related to the combination of Ardagh Metal Packaging with Gores Holdings V, issued â¬450 million 2.000% Senior Secured Notes due 2028, $600 million 3.250% Senior Secured Notes due 2028, â¬500 million 3.000% Senior Notes due 2029 and $1,050 million 4.000% Senior Notes due 2029. The company entered into an agreement with Ardagh Group S.A in February of this year. (333- ) Subject Companies: Ardagh Metal Packaging S.A. Gores Holdings V, Inc. (Commission File No. COVID-19 stimulus bill passes House, heads to Joe Biden for signature. Through the combination, AMP will get up to US$525m in cash and a US$600m private placement led by an unnamed investor, the announcement said. Ardagh Metal was valued at US$8.5 billion in the Gores-backed merger. Article. The combined business includes up to $525m (â¬432m) in cash from Gores Holdings V and a $600m (â¬494m) private placement led by âtop-tier investors,â Ardagh said in a statement. ... All presentations. Ardagh Group has announced that it is set to spin off its metal packaging unit, which will then be combined with Gores Holdings to create an independent public company. Management of Ardagh and Gores Holdings V will host an investor conference call on February 23, 2021 at 9:00 a.m. EST / 6:00 a.m. PST to discuss ⦠The deal, announced in late February, will see Ardagh merge its fast-growing metal packaging business with a so-called blank-cheque company, called Gores Holdings V, that Gores ⦠Wyndham Hotels & Resorts, Inc. (NYSE: WH) is the worldâs largest hotel franchisor and leading hotel management services provider with over 8,900 hotels across nearly 95 countries. The best place to follow the newest TRNDS in the fashion industry. In an investor presentation seen by Reuters, Ardagh Metal did not identify ⦠US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. As a global leader in lidar autonomous driving technology, we are enabling the worldâs first autonomous solutions for automotive series production in passenger cars and commercial trucks. Filed by Ardagh Metal Packaging S.A. Pursuant to Rule 425 under the Securities Act of 1933 and deemed filed pursuant to 14a-12 under the Securities Exchange Act of 1934 Form F-4 File No. The call can be accessed by dialing (888) 820-4544 (domestic toll-free number) or (470) 279-3876 (international) and providing the conference ID: LAZR. Money Losing, Short Term Rental Platform Sonder Gets Saved by Gores SPAC. Investor Conference Call Information Management of Ardagh and Gores Holdings V will host an investor conference call on February 23, 2021 at 9:00 a.m. EST / 6:00 a.m. PST to discuss the proposed business combination. Ball Corporation is the worldâs leading provider of innovative, sustainable aluminum packaging for beverage, personal care and household products, as well as ⦠Filed by Ardagh Metal Packaging S.A. Pursuant to Rule 425 under the Securities Act of 1933 and deemed filed pursuant to 14a-12 under the Securities Exchange Act of 1934 Form F-4 File No. As you can see from this one's name, this isn't their first deal. Ardagh ⦠Press release â communication regarding the terms of the stabilization transactions and partial exercise of the over-allotment option. Headquarters Silgan Holdings Inc. 4 Landmark Square, Suite 400 Stamford, CT 06901-2596 Main Telephone No. For interested investors who wish to participate, the conference call and replay details will be available on the âInvestorsâ section of the Ardagh Group website at https://www.ardaghgroup.com/corporate/investors. Driving the democratization of travel, the companyâs global network consists of over 797,000 rooms under 20 hotel brands for the everyday traveler. Ardagh Metal Packaging To Combine With Gores Holdings V And List On NYSE. 24 February 2021 (Last Updated February 24th, 2021 15:50) Metal beverage and glass packaging supplier Ardagh has signed a definitive business combination agreement with special purpose acquisition company Gores Holdings V. Ardaghâs metal packaging business supplies sustainable and infinitely-recyclable metal packaging. 2020 Annual Results. This presentation also contains non-GAAP financial information. San Francisco-based Sonder Holdings Inc. (Sonder) officially launched in 2014 and was co-founded by Francis Davidson, Chief Executive Officer, and Martin Picard, Global Head of Real Estate. Management uses this information in its internal analysis of results and believes that this information may be useful to investors in assessing Finance of Americaâs operating performance. Posted on 04/30/2021. He has methodically created 13 SPACsâmore than any other investor. Ardagh Group (NYSE:ARD) announced that Gores Holdings V (NASDAQ:GRSVU) will combine with Ardagh's metal packaging business that will be held by Ardagh Metal Packaging S.A. and list its shares on NYSE under the new ticker symbol "AMBP". Investors. Ardagh Group Q1 2021 Results. Combined Company Expected to Have Post-Transaction Enterprise Value of Approximately $8.5 Billion. Azhar Hussain, head of global credit at Royal London Asset Management, said the dealâs scale was âsignificantâ for the high yield market, adding it could allow investors to gauge whether the âgreeniumâ, or pricing benefit companies get from issuing a green bond, extends to the high yield market. Ardagh Metal Packaging sold $2.8 billion worth of green bonds on Friday, the biggest green issuance in the high-yield market to date, as a part ⦠In 2020 the company's total earnings were 35M while total earnings in 2019 were 1.46B (-96.5%). Ardagh Group has entered into an agreement to combine its metal packaging business with Gores Holdings V, creating a new public listed company â¦
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