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World News – USA – Big East What To See: Week Two
. . 22 games scheduled for the week. . . . . I think. Subject to change, you know?
CM – Faith Evans (« The Masked Singer » Skunk) debunked interview: « I have to do...
The Group A final of "The Masked Singer" ended on Wednesday evening with Bull defeating Skunk for a place in the December...
CM – The Chicago Cubs are a baseball travesty
Trading in Kris Bryant is a crime against sport.
World news – Campers miss the escape window as the flood subsides
Campers along the southeast Queensland coast are now being warned to stay there and the move time has expired as the office issues...
World news – Abilene Christian deserved every bit of his excitement in Texas
The Wildcats, who have only been D-I since 2013, knocked down a state power to end the round of 64 with a bang.
. . World News – USA – 5 Things to See: Lions vs.....
. . Tim Twentyman takes a look at five things to see at the Lions Buccaneers matchup on Saturday.
World News – AU – ASX Sinks As Sydney Fights Covid Outbreak
. . The outdoor ASX is expected to decline as Sydney watches Covid-19 cases rise.
World News – AU – The Long Road to Redemption for Shaun Wade of...
. . Shaun Wade's college career nearly ended with a specific phone call to Trevor Lawrence. But the Ohio state cornerback is hoping to take his next step towards redemption in the Big Ten championship game.
World News – CA – SoftBank discusses a « slow-burn » overbought to go private
. . (Bloomberg) - SoftBank Group Corp.. . is debating a new strategy to go private by gradually buying back outstanding shares until founder Masayoshi Son has enough stake to squeeze out the remaining investors, according to those familiar with the matter. The approach would likely take over a year and mean the Japanese company would continue to sell assets to fund successive buybacks. Son wouldn't buy any more shares himself, but his stake, which is now 27%, would increase as other investors sell shares. According to Japanese regulations, Son could force other shareholders to sell if it reaches 66% of the shares, possibly without paying a premium. One perk of the plan, which insiders have dubbed "slow motion" or "slow motion" buying, is that according to the population, SoftBank has the flexibility to buy its own stocks when they fall. In the event of a formal buyout, a premium of around 25% would have to be paid. . Shareholders are also likely to support buybacks, especially as the company continues to trade at a discount to the total value of its holdings in Alibaba Group Holding Ltd. companies. and Uber Technologies Inc. . to DoorDash Inc. . The billionaire only said in February that he thought SoftBank was better off as a public company. More recently, he declined to comment on his plans after reports of a possible buyout were released in publications including Bloomberg News. "If our stocks fall, I'll buy back more stocks more aggressively," Son said at a conference in November. SoftBank declined to comment on this story. The shares even rose 6. 7% according to Bloomberg's report. Son has been debating the idea of going back and forth privately for at least five years. When SoftBank's shares fell in March with the coronavirus pandemic, he began talks with advisors and lenders, including Elliott Management Corp.. . and Abu Dhabi sovereign wealth fund Mubadala Investment Co. . Despite SoftBank's market capitalization of around $ 50 billion and three times that amount of assets, banks were hard to convince. They offered unfavorable conditions and torpedoed the talks, said one person involved in the negotiations. Instead, Son revealed plans to sell approximately $ 43 billion in assets to pay off debt and buy back shares. By June he had dumped $ 13. 7 billion Alibaba shares, an even larger portion of its stake in T-Mobile US Inc. . and some shares in SoftBank Corp.. . , its Japanese telecommunications unit. Then he went further and announced the sale of Arm to Nvidia Corp.. for around 40 billion US dollars, the stake in SoftBank Corp.. . by about a third and sale of a majority stake in the telephone distribution company Brightstar Corp.. . Son says he's now sitting on $ 80 billion in cash. The robust IPO has also brought some big gains for SoftBank on investments, including China’s KE Holdings Inc. . and DoorDash. However, SoftBank's market value has rallied more than 160% from its March low. The value of the stock outside of his control is approximately $ 87 billion. SoftBank is not required to publicly announce buyout plans unless specific steps are taken, e.g.. B.. the establishment of a special committee to review the offer or the obtaining of letters of intent from the banks for the financing, according to one of the known persons. The disclosure rules in Japan, where management buyouts are rare, have gray areas that would give SoftBank room to maneuver, the person said. Son can still do a traditional management buyout if the stock price drops below a certain level, one of the respondents said, declining to provide certain numbers. Elliott, SoftBank's largest outside shareholder, would attend, provided the stock was still trading at a discount to its underlying, according to someone else. The Japanese conglomerate is also less indebted today and a much easier tool for banks than it was in March, the person said. After the repurchase 1. SoftBank holds 35 trillion yen of shares this year and holds approximately 12% of the outstanding shares. Son controls about 26. 8% by different companies. The company has already announced plans to buy back 1. Another 5 trillion yen by July next year. At yesterday's closing price, this would increase Son's stake to less than 35%, a long way to a decisive majority. Some analysts are skeptical that in the face of such challenges, Son would seek a buyout - and its propensity to use cash for ambitious deals. "Until this year, Son has shown little appetite to tackle the rebate with buybacks," said Atul Goyal, senior analyst at Jefferies. "Are we supposed to believe that now he's going to be spending years and all of SoftBank's money on this program instead of doing what he really loves - making big stakes in technology?" The problem with a slow burning MBO strategy is that the buybacks are likely to add to the cost of the potential deal, according to Goyal. Even if Son manages to increase his personal stake in the company to 66%, Goyal is not convinced that he can carry out the buyout without a challenge from minority shareholders. Many at SoftBank are also against the idea of going private. The sheer amount of cash is an obstacle. Privatization is also likely to cause a setback for rating agencies, making it difficult to refinance billions of dollars in corporate bonds, one person said. A buyout would actually prevent Son from doing big business for a year and a half, a factor that gives him food for thought, another person said. In February, when considering the idea of a buyout, Son said he had decided against a deal after serious deliberation. Keeping SoftBank public would allow shareholders to participate in the company's growth and enforce management discipline, including transparency, he said at the time. (Updates of stock surge in paragraph six) For more articles like this, please visit us on Bloomberg. comSubscribe now to stay one step ahead with the most trusted business news source. © 2020 Bloomberg L. . P. .
. . World News – CA – The global e-bike market size is...
. . Government support and initiatives to increase sales of e-bikes would drive the global e-bike market. The Class III e-bike is valued as the fastest growing e-bike market in the world. New York, Dec. . 08, 2020 (GLOBE NEWSWIRE) - Report linker. com announces the release of the report "E-Bike Market by Class, Battery, Motor, Mode, Usage, Speed, and Region - Global Forecast to 2027" - https: // www. reportlinker. com / p05754128 /? utm_source = GNW class III e-bikes offer a potential solution for replacing cars to avoid traffic and reduce emissions. Therefore, the Class III e-bike market is expected to grow over the forecast period. Class III e-bikes are not currently available in the Asia-Pacific region. While Switzerland is the largest market for class III e-bikes in Europe, followed by Belgium and Italy. The North American region currently has limited distribution of Class III e-bikes, with only six states approving their operation. Class III e-bikes in Europe and North America have a minimum age limit of 16 years. Folding and fat tire e-bikes are valued as the fastest growing e-bike market worldwide. The collapsible e-bike is becoming a popular choice with near-urban commuters. Large conventional bicycle manufacturers are also bringing their e-bikes to the Indian market with the latest technology and innovative design. For example, Hero Cycle is presenting its e-bikes at Auto Expo 2020, which include a folding bike (Easy Step, a Straphanger) and an electric fat bike (Essentia). . Currently, the market for folded and fat tire e-bikes is limited in the Asia-Pacific, Europe and North America. However, we assume that the market for folded and fat tire e-bikes will be the fastest growing e-bike market worldwide during the forecast period. North America is expected to be the fastest growing market in the world. There is currently a minimal presence of e-bike manufacturers in the North American region, resulting in a limited market for e-bikes. However, the public awareness of e-bikes and the commitment / interest of traditional bike brands for e-bikes has led to an enthusiasm for e-bikes in the market. Pedego Electric Bikes and Trek Bicycle Corporation are the main manufacturers of e-bikes in North America. Therefore, North America is expected to be the fastest growing market over the forecast period. The breakdown of the primary respondents • By company: OEM - 70%, Tier 1 - 30% • By title: Director Level - 30%, C-Level Executives - 60%, Others - 10% • By region: Asia-Pacific - 50% %, Europe - 20%, North America - 30% The e-bike market is dominated by global players and includes several regional players. The main players in the e-bike industry Accell Group N. . V. . (Netherlands), Pon. Bicycle (USA), Merida Industry Co. . , GmbH. (China), Giant Manufacturing Co. . , GmbH. (Taiwan) and Yamaha Motor Corporation (Japan). The study includes an in-depth competitive analysis of these key players in the E-Bike market with their company profiles, a SWOT analysis of the top five companies, recent developments, and key market strategies. Research Report The report covers the E-Bike market by Class (Class I, Class II, Class III), Battery Type (Lithium Ion, Lithium Ion Polymer, Lead-Acid, etc.. ) and engine type (center, hub) from), mode (gas, pedal assistant), use (mountain / trekking, city / town, freight, other), speed (up to 25 km / h, 25-45 km / h) and Region (Asia Pacific, Europe, North America). Industry analysis and company profiles are also gathered in this report, highlighting emerging and high growth segments of this market, SWOT analysis, competitive landscape, competitive leadership mapping, and market dynamics (drivers, restraints, opportunities, & challenges). . Key Benefits of Buying the Report: The report will help the market leaders / new entrants in this market with information on the closest approximations of the sales figures for the whole E-Bike Market and its sub-segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their companies and plan appropriate go-to-market strategies. The report also helps the stakeholders get the pulse of the market and informs them of key market drivers, restraints, challenges, and opportunities. Read the full report: https: // www. reportlinker. com / p05754128 /? utm_source = GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you can get all of the market research you need - instantly in one place. __________________________ CONTACT: Clare: clare @ reportlinker. com US: (339) -368-6001 Intl: 1 339-368-6001