On Monday, Shares of Twenty-First Century Fox Inc (NASDAQ:FOX), gained 1.97% to $30.61.
National Geographic Partners declared the appointment of its senior leadership team. The formerly declared entity combines the National Geographic television channels and National Geographic’s other media and consumer-oriented assets. The appointments were made by National Geographic Partners CEO Declan Moore. Additional appointments are predictable soon.
21st Century Fox and National Geographic Society also declared that they have accomplished the transaction to form National Geographic Partners.
“Upon concluding the transaction to form National Geographic Partners, we are thrilled to bring these incredibly talented executives to the senior leadership team,” Moore said. “National Geographic is one of the world’s most trusted brands, delivering unique and compelling storytelling of science, discovery and wonder to consumers for over a century. We’re excited to officially start our journey to bring a new and integrated National Geographic experience to people worldwide, and I look forward to partnering with Ward Platt and working with Susan Goldberg, Courteney Monroe and Jeffrey Schneider to share the National Geographic mission with an even larger audience.”
Twenty-First Century Fox, Inc. operates as a diversified media and entertainment company worldwide. It operates through Cable Network Programming; Television; Filmed Entertainment; and Other, Corporate and Eliminations segments.
Shares of American Capital Ltd. (NASDAQ:ACAS), inclined 2.80% to $14.71, during its last trading session.
European Capital Limited and its associates (“European Capital”) and American Capital, Ltd. (ACAS) declared recently that they have received total proceeds of €91.4 million from exiting their unitranche investments in Delsey (the “Company”). European Capital and American Capital also declared that they have invested an additional €7.8 million in subordinated mezzanine bonds to support the Company’s refinancing and future growth.
In February 2007, European Capital invested €120 million in the unitranche facility put in place to support the acquisition of Delsey. At that time, it was the first European mid-market transaction to combine the traditional senior debt and mezzanine facility to offer a one-stop financing solution to the sponsor with a single lender and an attractive interest rate. European Capital’s partial exit comes as Delsey’s majority shareholders, Argan Capital and Partners Group on behalf of its clients, decided to refinance 100% of the unitranche bonds to further pursue the Company’s growth strategy implemented over the past years, in particular through geographic expansion and penetration of new distribution channels.
Founded in 1946, Delsey is now one of the top four leading global luggage brands, with products sold in more than 100 countries. The Company focuses on product design, marketing and sales of high quality travel luggage and travel accessories. With its French roots and compriseent innovation, the Delsey brand and its full range of hard and soft-sided travel luggage are sold worldwide through a strong network of distributors in addition to direct sales via internet and Company-owned retail stores.
American Capital, Ltd. is a private equity and venture capital firm. It is a business development company specializing in administration and employee buyouts, subordinated debt, leveraged finance, mezzanine, acquisition, recapitalization, middle market, early venture, mature, industry consolidation, and growth capital investments.
Finally, Shares of Suncor Energy Inc. (USA) (NYSE:SU), ended its last trade with 3.53% gain, and closed at $28.73.
Suncor Energy’s Board of Directors has approved a quarterly dividend of $0.29 per share on its common shares, payable December 24, 2015 to shareholders of record at the close of business on December 2, 2015.
Suncor Energy is Canada’s leading integrated energy company. Suncor’s operations comprise oil sands development and upgrading, conventional and offshore oil and gas production, petroleum refining, and product marketing under the Petro-Canada brand. A member of Dow Jones Sustainability indexes, FTSE4Good and CDP, Suncor is working to responsibly develop petroleum resources while also growing a renewable energy portfolio. Suncor is listed on the UN Global Compact 100 stock index and the Corporate Knights’ Global 100. Suncor’s common shares (SU.TO) are listed on the Toronto and New York stock exchanges.
Suncor Energy Inc. operates as an integrated energy company. The company primarily focuses on developing petroleum resource basins in Canada’s Athabasca oil sands; explores, acquires, develops, produces, and markets crude oil and natural gas in Canada and internationally; transports and refines crude oil; markets petroleum and petrochemical products primarily in Canada; and markets third party petroleum products.