A judge in Mali in June ordered Barrick’s Loulo-Gounkoto gold complex to be placed under interim administration for six months.
According to Barrick, under the agreement announced Monday, all charges against the corporate, its subsidiaries and employees shall be dropped and steps shall be taken to release the 4 detained Barrick employees. It also states that the interim management of the Loulo-Gounkoto complex shall be ended and operational control shall be returned to the corporate.
Barrick says its subsidiaries will withdraw arbitration claims pending on the International Center for Settlement of Investment Disputes.
Alimentation Couche-Tard earned $740.6 million within the second quarter, a rise from a yr earlier
Alimentation Couche-Tard Inc. (TSX:CTD)
Numbers for the second quarter:
- Benefit: $740.6 million (vs. $708.8 million last yr)
- Sales: $17.9 billion (previously $17.4 billion)
Alimentation Couche-Tard Inc. said net income attributable to shareholders was $740.6 million within the second quarter, in comparison with $708.8 million in the identical period last yr. This represented net income attributable to shareholders of 79 cents per share, up from 75 cents within the year-ago quarter.
The Laval, Que.-based company, which keeps its books in U.S. dollars, said its revenue was $17.9 billion within the period ended Oct. 12, up 2.6% from $17.4 billion a yr earlier.
Total goods and services revenue was $4.7 billion within the second quarter, increasing 6.6% from the identical period last yr.
According to Couche-Tard CEO Alex Miller, the corporate reported same-store sales growth for the second consecutive quarter across all of its regions.
Filipe Da Silva, Couche-Tard’s chief financial officer, said in a press release that the corporate repurchased nearly $900 million price of shares in the course of the quarter.
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Blue Ant Media Group signs deal to buy Thunderbird Entertainment for $89 million
Blue Ant Media Corp. has signed an $89 million stock and money agreement to buy Thunderbird Entertainment Group Inc. Michael MacMillan, CEO of Blue Ant, says the acquisition of Thunderbird is predicted to end in increased scale and complementary capabilities that can strengthen Blue Ant’s studio business and increase its revenue and money flow.
Vancouver-based Thunderbird’s production firms include Atomic Cartoons and Great Pacific Media.
Under the agreement, Thunderbird shareholders may have the choice to receive 0.2165 of a Blue Ant subordinate voting share, $1.77 in money, or a mix of each, for every Thunderbird share they hold. The maximum amount of money available under the offering is capped at $40 million.
The transaction, which is subject to shareholder approval, can also be subject to customary closing conditions, including court and regulatory approvals. The transaction is predicted to shut in the primary quarter of 2026.
Brookfield and GIC make bid for Australia’s National Storage REIT
Canada’s Brookfield and Singapore’s sovereign wealth fund GIC have made a takeover bid for National Storage REIT, an Australian self-storage company, price about A$4 billion, or the equivalent of about C$3.7 billion.
National Storage confirmed that it had received an unsolicited, non-binding, indicative and conditional offer. The company has roughly 94,500 residential and business customers in greater than 270 storage centers across Australia and New Zealand.
Under the terms of the offering, security holders of National Storage would receive A$2.86 in money per bonded security.
The Offer is being made on the idea that a dividend or distribution of six Australian cents could also be paid. In this case, the money amount payable per bonded security shall be reduced by the identical amount.
