Latest news with #IPN
OC Media
7 days ago
- Politics
- OC Media
Georgia to be excluded from EU meeting in September
Sign in or or Become a member to unlock the audio version of this article The Caucasus is changing — and not for the better. With authoritarianism on the rise across the region, the threat to independent journalism is higher than ever. Join our community and help push back against the hardliners. Become a member Georgia will not be invited to an informal meeting of European Affairs Ministers scheduled to be held on 1–2 September in Copenhagen. The Danish Foreign Ministry confirmed this decision to IPN, citing the Georgian government's November decision to suspend its EU integration bid until 2028. Held under the Danish presidency of the Council of the European Union, the meeting will be attended by the European Affairs Minister of all 27 EU member states as well as representatives of EU candidate countries Ukraine, Moldova, Turkey, and the Western Balkan countries. The Danish Foreign Ministry told IPN that the Danish presidency of the EU would 'follow the precedent set during the Polish presidency' in not inviting Georgia to EU meetings. Georgia was previously excluded from a gathering of EU foreign ministers on 7–8 May in Warsaw to discuss 'the challenges for Europe's foreign and security policy'. At the time, EU Ambassador to Georgia Paweł Herczyński told reporters that legislation passed by the ruling Georgian Dream party had brought the country further away from the EU, which would 'have consequences'. At a press briefing on Tuesday, Georgian Parliamentary Speaker Shalva Papuashvili dismissed the Danish Foreign Ministry's comments as 'disinformation'. 'There has never been any suspension of European integration, especially not on 28 November as they claim. It is disappointing that today we are hearing lies from member states of the EU', he said. Advertisement Papuashvili also said Georgia had not been invited to an upcoming session of the Conference of Parliamentary Committees for Union Affairs of Parliaments of the European Union (COSAC), which is scheduled to meet in Denmark from 30 November–2 December. He added that a letter from the Danish Parliament's European Integration Committee informing them of the decision would soon be made public, as well as his response alleging that Georgia's exclusion was a 'violation of procedures' by Denmark. The main focus of September's EU Council meeting will be EU enlargement and strengthening the EU's rule of law 'toolbox'. The latest snub comes as relations between the EU and Georgia continue to plummet. In July, the European Commission sent a series of letters to the Georgian government warning that visa-free access to the bloc for Georgians could be suspended unless the country fulfilled key democratic reforms. The commission gave Georgia until 31 August to report on its progress implementing said recommendations.
Business Wire
05-08-2025
- Business
- Business Wire
Paymentus to Participate in Upcoming Investor Conferences in August
CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. ('Paymentus') (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, today announced that Dushyant Sharma, Chief Executive Officer, and Sanjay Kalra, Chief Financial Officer are scheduled to participate in the following investor conferences: Oppenheimer 28 th Annual Virtual Technology, Internet & Communications Conference on Tuesday, August 12 th, where Mr. Sharma and Mr. Kalra will participate in a fireside chat at 1:15 pm ET Deutsche Bank 2025 Technology Conference at the Waldorf Astoria Monarch Beach Resort in Dana Point, California on Wednesday, August 27 th A live webcast and replay of the fireside chat will be available on Paymentus' investor relations website at Management will host investor meetings throughout the day. For further information, please contact your Oppenheimer or Deutsche Bank representatives or email paymentus@ About Paymentus Paymentus is a leading provider of cloud-based bill payment technology and solutions for more than 2,500 billers and financial institutions across North America. Our omni-channel platform provides consumers with easy-to-use, flexible and secure electronic bill payment experiences through their preferred payment channel and type. Paymentus' proprietary Instant Payment Network TM, or IPN, extends our reach by connecting our IPN partners' platforms and tens of thousands of billers to our integrated billing, payment, and reconciliation capabilities. For more information, please visit CATEGORY: CORPORATE NEWS
Business Wire
16-07-2025
- Business
- Business Wire
Paymentus to Report Second Quarter 2025 Earnings Results and Host Webcast on August 4, 2025
CHARLOTTE, N.C.--(BUSINESS WIRE)--Paymentus Holdings, Inc. ('Paymentus') (NYSE: PAY), a leading provider of cloud-based bill payment technology solutions, will announce its second quarter 2025 financial results after the market close on Monday, August 4, 2025. The Company will discuss the results in a live webcast at 5 p.m. Eastern Time on August 4, 2025. A replay of the webcast will be available for one year following its conclusion and accessible on the Paymentus website. About Paymentus Paymentus is a leading provider of cloud-based bill payment technology and solutions for more than 2,500 billers and financial institutions across North America. Our omni-channel platform provides consumers with easy-to-use, flexible and secure electronic bill payment experiences through their preferred payment channel and type. Paymentus' proprietary Instant Payment Network TM, or IPN, extends our reach by connecting our IPN partners' platforms and tens of thousands of billers to our integrated billing, payment, and reconciliation capabilities. For more information, please visit CATEGORY: EARNINGS NEWS
Globe and Mail
15-07-2025
- Business
- Globe and Mail
Ibotta To Announce Second Quarter 2025 Financial Results on August 13, 2025
Ibotta (NYSE: IBTA), which operates the largest digital promotions network in North America, announced today that it will report second quarter 2025 financial results after the market closes on Wednesday, August 13, 2025. Management will host a conference call and webcast to discuss Ibotta's financial results, recent developments, and business outlook at 2:30 p.m. MT/4:30 p.m. ET following the release of the financial results. What: Ibotta Second Quarter 2025 Financial Results Conference Call When: Wednesday, August 13, 2025 Time: 2:30 p.m. MT/4:30 p.m. ET Webcast: About Ibotta ("I bought a...") Ibotta (NYSE: IBTA) is a leading performance marketing platform allowing brands to deliver digital promotions to over 200 million consumers through a network of publishers called the Ibotta Performance Network (IPN). The IPN allows marketers to influence what people buy, and where and how often they shop – all while paying only when their campaigns directly result in a sale. American shoppers have earned over $2.4 billion through the IPN since 2012. The largest tech IPO in history to come out of Colorado, Ibotta is headquartered in Denver, and is continually listed as a top place to work by The Denver Post and Inc. Magazine.
Yahoo
08-07-2025
- Business
- Yahoo
CapVest and Parquest Agree Terms on IPN's Acquisition of Sopral
LONDON & PARIS, July 08, 2025--(BUSINESS WIRE)--Inspired Pet Nutrition ("IPN"), the fast-growing pet food company controlled by CapVest Partners LLP ("CapVest"), and Parquest, a leading investment firm, have agreed terms on the acquisition of Sopral, a prominent branded pet food platform serving the European market, with manufacturing operations based in France. The transaction is subject to customary regulatory approvals and closing conditions. Financial terms have not been disclosed. Based in Pléchâtel, Brittany, France, Sopral is a leading manufacturer of branded premium dry petfood with a comprehensive range of high-quality nutritional solutions, including Pro-Nutrition Prestige, Pure Life and Protect brands. Sopral has a strong footprint and reputation in France and a fast growing online and international market presence in over 50 countries around the world. Employing over 130 people, the company operates a state-of-the-art manufacturing facility totalling 13,400 square metres and is known for its advanced in-house R&D capabilities. Arthur van Benthem, CEO of IPN, said: "Sopral is an excellent and growing business, with a great team, leading brands and outstanding capabilities as a manufacturer of superior-quality pet food. This highly complementary strategic combination marks a significant milestone for IPN and provides us with a state-of-the-art manufacturing, logistics and sales platform to grow and realise our ambitious growth plans in the European market. We look forward to working with the Sopral team to build on their significant successes to date." Matthew Fargie of CapVest, said: "Following on from the acquisition of Butcher's last year, Sopral is another great addition to the IPN platform, creating significant capability and scale to underpin IPN's growth in Europe. The acquisition will unlock a number of new opportunities for organic and acquisition-lead growth and is a great example of CapVest's passion for building strong, differentiated global companies through significant investment in people, technology, innovation, and capabilities." Thomas Babinet, Partner at Parquest, said: "When we invested in Sopral in 2018, our ambition was to unlock the company's full potential together with the management team led by Yannick Guého. Collectively, we have transformed a quality-focused manufacturer into a premium brand, firmly positioned in high-growth markets. We revamped the flagship brands, strengthened the distribution network, launched an e-commerce platform, and doubled production capacity. We would like to warmly thank Yannick and his team for their unwavering commitment throughout this journey." Headquartered in Thirsk, North Yorkshire, UK, IPN is best known as the UK dog food market leader with its high-quality natural dog meals and pet treats under the "Harringtons", "Butcher's" and "Wagg" brands. With a strong commitment to natural, high-quality ingredients, IPN is dedicated to providing affordable nutritious pet food that supports the health and well-being of pets. The firm was acquired by international investment firm and buy-and-build specialist CapVest in 2020 and subsequently acquired Pet Food UK in 2021 along with its high quality and distinctively branded premium dog and cat pet food brands "Aatu", "Barking Heads" and "Meowing Heads". In August 2024, IPN acquired Butcher's Pet Care ("BPC"), the UK's leading wet pet food manufacturer. About CapVest CapVest is a leading international private equity investor that partners with ambitious companies supplying essential goods and services to transform their businesses. As an active and patient investor, CapVest has established a strong record of success in delivering attractive returns by working closely with management in transforming the size and scale of its portfolio companies through a combination of organic and acquisition led growth. CapVest seeks to invest in highly resilient industries where the demand driver for the product or service is non-discretionary. Its core sectors include consumer staples, healthcare and essential services. IPN were advised by Natixis Partners and Spayne Lindsay. About Parquest Founded in 2002, Parquest is a recognised private equity player in France. Parquest supports SMEs and their management teams in implementing ambitious development projects in France and abroad. For over 20 years, Parquest has contributed to the development of market-leading companies by supporting them over the long term. Parquest was advised by Amala Partners. View source version on Contacts For further information please contact: On behalf of CapVest & IPN: Ben ValdimarssonReputation Incbvaldimarsson@ Mob: +44 7889805930orPaul Griffinpgriffin@ On behalf of Parquest: Catherine KabléKablé Mob : + 33 6 82 25 73 85 Sign in to access your portfolio
