Latest news with #CaymanIslands-based
San Francisco Chronicle
07-08-2025
- Business
- San Francisco Chronicle
VTEX: Q2 Earnings Snapshot
GRAND CAYMAN, Cayman Islands (AP) — GRAND CAYMAN, Cayman Islands (AP) — VTEX (VTEX) on Thursday reported earnings of $3 million in its second quarter. The Grand Cayman, Cayman Islands-based company said it had net income of 2 cents per share. The company that helps retailers build e-commerce businesses posted revenue of $58.8 million in the period.
San Francisco Chronicle
01-08-2025
- Business
- San Francisco Chronicle
Patria Investments: Q2 Earnings Snapshot
CAMANA BAY, Cayman Islands (AP) — CAMANA BAY, Cayman Islands (AP) — Patria Investments Ltd. (PAX) on Friday reported earnings of $12.9 million in its second quarter. On a per-share basis, the Camana Bay, Cayman Islands-based company said it had profit of 8 cents. Earnings, adjusted for non-recurring costs, came to 24 cents per share. The private-market investment firm posted revenue of $82.5 million in the period. Its adjusted revenue was $81.1 million. _____
18-06-2025
- Business
DNP to Acquire Biometric ID Service Provider Rubicon
News from Japan Economy Jun 18, 2025 18:16 (JST) Amsterdam, June 17 (Jiji Press)--Dai Nippon Printing Co. said Tuesday that it will acquire Cayman Islands-based Rubicon SEZC to enter the biometric authentication service business in emerging economies. DNP plans to obtain 75 pct of outstanding shares in Rubicon in July to make the provider of Laxton biometric identity solutions a subsidiary, the Japanese company said at a press conference in Amsterdam. It will be one of the biggest overseas corporate acquisitions by DNP, people familiar with the matter said, adding that the agreed buyout deal is believed to be worth tens of billions of yen. Established in 2004, Rubicon offers biometric services under the Laxton brand, primarily for governments, in more than 50 emerging countries and regions chiefly in Africa. DNP hopes to combine authentication and security technologies it has developed in its smart card business and the Laxton solutions including for national identification and voter verification to produce synergies. [Copyright The Jiji Press, Ltd.] Jiji Press
Cision Canada
06-06-2025
- Business
- Cision Canada
SIMPSON OIL ANNOUNCES ITS SUPPORT FOR THE SUNOCO-PARKLAND TRANSACTION
GRAND CAYMAN, Cayman Islands, June 6, 2025 /CNW/ - Simpson Oil Limited ("Simpson Oil"), the largest shareholder of Parkland Corporation ("Parkland"), holding 19.8% of Parkland's outstanding common shares, announced today that it is supportive of, and intends to vote all of its common shares in favor of, the proposed transaction involving Parkland and Sunoco LP ("Sunoco"). As a long-term shareholder since 2017, Simpson Oil has been an advocate for the significant opportunities available to Parkland with a clear strategic direction overseen by capable leadership free of conflicts and self-interest. A combination with Sunoco will allow Parkland to benefit from operating under a first-class management team with a proven track record of value creation. This should address the lamentable governance and performance issues which have plagued Parkland for years. Parkland's shareholders have the ability to participate in a combined Sunoco-Parkland entity via SunocoCorp units. Simpson Oil believes the proposed transaction is a favourable outcome for Parkland investors. Legal disclaimers: The information contained in this press release does not and is not intended to constitute a solicitation of a proxy within the meaning of applicable corporate and securities laws. Simpson Oil is not making any recommendation to Parkland shareholders regarding the proposed transaction, including whether any shareholder should vote in favor of the proposed transaction. About Simpson Oil: Simpson Oil is a subsidiary of The Simpson Group, a privately-owned, Cayman Islands-based investment company with diverse holdings in the energy, water, and real estate sectors. Simpson Oil controls or beneficially owns 34,444,050 common shares in the capital of Parkland. Simpson Oil's head office address is 94 Solaris Avenue - 2nd Floor, PO Box 30745, Camana Bay, Grand Cayman, KY1-1203, Cayman Islands.
Yahoo
06-06-2025
- Business
- Yahoo
SIMPSON OIL ANNOUNCES ITS SUPPORT FOR THE SUNOCO-PARKLAND TRANSACTION
GRAND CAYMAN, Cayman Islands, June 6, 2025 /CNW/ - Simpson Oil Limited ("Simpson Oil"), the largest shareholder of Parkland Corporation ("Parkland"), holding 19.8% of Parkland's outstanding common shares, announced today that it is supportive of, and intends to vote all of its common shares in favor of, the proposed transaction involving Parkland and Sunoco LP ("Sunoco"). As a long-term shareholder since 2017, Simpson Oil has been an advocate for the significant opportunities available to Parkland with a clear strategic direction overseen by capable leadership free of conflicts and self-interest. A combination with Sunoco will allow Parkland to benefit from operating under a first-class management team with a proven track record of value creation. This should address the lamentable governance and performance issues which have plagued Parkland for years. Parkland's shareholders have the ability to participate in a combined Sunoco-Parkland entity via SunocoCorp units. Simpson Oil believes the proposed transaction is a favourable outcome for Parkland investors. Legal disclaimers: The information contained in this press release does not and is not intended to constitute a solicitation of a proxy within the meaning of applicable corporate and securities laws. Simpson Oil is not making any recommendation to Parkland shareholders regarding the proposed transaction, including whether any shareholder should vote in favor of the proposed transaction. About Simpson Oil: Simpson Oil is a subsidiary of The Simpson Group, a privately-owned, Cayman Islands-based investment company with diverse holdings in the energy, water, and real estate sectors. Simpson Oil controls or beneficially owns 34,444,050 common shares in the capital of Parkland. Simpson Oil's head office address is 94 Solaris Avenue - 2nd Floor, PO Box 30745, Camana Bay, Grand Cayman, KY1-1203, Cayman Islands. SOURCE Simpson Oil Limited View original content: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
