|Bid||0.00 x 2900|
|Ask||0.00 x 40000|
|Day's Range||59.98 - 59.99|
|52 Week Range||33.80 - 60.29|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||55.24|
|Earnings Date||Feb 10, 2020 - Feb 16, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||60.00|
Video telematics provider Lytx Inc. announced that it has received the "largest-ever" investment in the video telematics sector from a company backed by global private equity firm Permira. The majority stake acquired by funds and co-investors of Permira places a valuation on Lytx in excess of $2.5 billion. According to the press release, the investment seeks to address the growing demand for turning data acquired from machine vision and artificial intelligence into actionable insights that can help fleets better compete, reduce costs and improve safety.
(Bloomberg) -- Private equity firms Hillhouse Capital and Warburg Pincus LLC are among suitors that have been invited to make second-round bids for EF Education First Inc.’s Chinese business, according to people familiar with the matter.Permira Holdings LLP and General Atlantic LLC were also asked to submit second-round bids that are due later this month, said the people, who asked not to be identified as the information is private. Education First now has a shortlist of about six bidders for the sale, which could fetch $1.5 billion to $2 billion, the people said.Education companies are benefiting from Chinese parents who see fluency in foreign languages and academic excellence as an edge in the increasingly competitive job market. The nation’s online education market reached 252 billion yuan ($36 billion) in revenue in 2018 and is projected to grow at least 16% annually in the next three to five years, according to iResearch Consulting Group.EF Education First, founded by Swedish billionaire Bertil Hult in 1965, provides both classroom-based and online English language training to kids and adults across Asia and Europe, its website shows. The Lucerne, Switzerland-based company also offers educational tours and cultural exchange programs. It’s one of the largest English-language training providers in China, with over 300 schools across 60 cities including Beijing, Shanghai and Shenzhen.Deliberations are ongoing and the private equity firms could still decide against bidding for the asset, the people said. A representative for EF Education First said they do not comment on market speculation, while representatives for General Atlantic, Permira and Warburg Pincus declined to comment. A representative for Hillhouse didn’t respond to requests for comment.(Updates to add General Atlantic was also shortlisted in second paragraph)\--With assistance from Crystal Tse and Cathy Chan.To contact Bloomberg News staff for this story: Vinicy Chan in Hong Kong at email@example.com;Dong Cao in Beijing at firstname.lastname@example.org;Manuel Baigorri in Hong Kong at email@example.comTo contact the editors responsible for this story: Fion Li at firstname.lastname@example.org, Robert FennerFor more articles like this, please visit us at bloomberg.com©2020 Bloomberg L.P.
Cambrex Corporation, the leading small molecule company providing drug substance, drug product and analytical services across the entire drug lifecycle, today announced changes to its management team and Board of Directors to accelerate growth and further operational excellence, building upon its trusted reputation for the highest quality pharmaceutical development and manufacturing capabilities. Robert Green has been named Executive Vice President and Chief Financial Officer, succeeding Gregory Sargen, who will depart the company on January 31. Shawn Cavanagh has been promoted to President and Chief Operating Officer, and will join the Company’s Board of Directors.
EAST RUTHERFORD, N.J., Dec. 04, 2019 -- Cambrex Corporation (NYSE: CBM), the leading small molecule company providing drug substance, drug product and analytical services.
S&P; Dow Jones Indices will make the following changes to the S&P; 500, S&P; MidCap 400 and S&P; SmallCap 600:
Cambrex Corporation (CBM), the leading small molecule company providing drug substance, drug product and analytical services across the entire drug lifecycle, has won the ‘Excellence in Pharma: API Development’ category at the annual CPhI Pharma Awards, which took place at a Gala Dinner at CPhI Worldwide in Frankfurt on November 5th. This marks the third time that Cambrex has won the category in the past 4 years, having previously won in 2016 and 2017. The Company was also judged ‘highly commended’ in the same category in 2018.
Moody's also assigned a B2 rating to the $875 million 1st lien secured term loan and $135 million secured revolver and a Caa2 rating to the $250 million 2nd lien secured term loan. The outlook is stable.
Genesis Healthcare's (GEN) third-quarter results are likely to reflect weak revenues, partially offset by same store facility growth and lower expenses.
Most investors tend to think that hedge funds and other asset managers are worthless, as they cannot beat even simple index fund portfolios. In fact, most people expect hedge funds to compete with and outperform the bull market that we have witnessed in recent years. However, hedge funds are generally partially hedged and aim at […]
EAST RUTHERFORD, N.J., Oct. 24, 2019 -- Cambrex Corporation (NYSE: CBM), the leading small molecule company providing drug substance, drug product and analytical services.
NEW YORK, NY / ACCESSWIRE / September 26, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in ...
NEW YORK, Sept. 25, 2019 -- Bragar Eagel & Squire, P.C. announces to investors that it is investigating potential claims on behalf of stockholders of Highlands Bankshares,.
NEW YORK, Sept. 23, 2019 -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: Navigant Consulting, Inc. (NYSE: NCI)The.
Cambrex Corporation (CBM) (the “Company” or “Cambrex”) today announced the expiration, as of 12:01 a.m., Eastern Time, on September 22, 2019, of the 45-day “go shop” period under the previously announced Agreement and Plan of Merger, dated as of August 7, 2019 (the “Merger Agreement”), which provides for the Company to be acquired by an affiliate of the Permira funds in an all-cash transaction for $60.00 per share. At the direction of the ad hoc committee of the Company’s Board of Directors, the Company’s financial advisor engaged in solicitation of 77 potential bidders, which resulted in eight potential bidders each entering into a confidentiality agreement with the Company. Each of the eight parties that entered into a confidentiality agreement with the Company was provided access to nonpublic information regarding the Company and the opportunity to have access to Company management.
NEW YORK, NY / ACCESSWIRE / September 20, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in ...
NEW YORK , Sept. 17, 2019 /PRNewswire/ -- Avedro, Inc. (AVDR) Lifshitz & Miller announces investigation into possible breach of fiduciary duties in connection with the sale of Avedro to Glaukos Corporation ...
NEW YORK, Sept. 17, 2019 -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: Cambrex Corporation (NYSE: CBM)The.
NEW YORK, Sept. 11, 2019 -- Bragar Eagel & Squire, P.C. announces to investors that it is investigating potential claims on behalf of stockholders of Cambrex Corp. (NYSE:.
NEW YORK, Sept. 11, 2019 -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: Cambrex Corporation (NYSE: CBM)The.
NEW YORK, NY / ACCESSWIRE / September 10, 2019 / Juan Monteverde , founder and managing partner at Monteverde & Associates PC , a national securities firm headquartered at the Empire State Building in ...
WILMINGTON, Del., Sept. 10, 2019 -- Rigrodsky & Long, P.A. announces that it is investigating: MAM Software Group, Inc. (NASDAQ GS: MAMS) regarding possible breaches of.