Affinity buys Aussie meats firm for $758 mln-source
Affinity will take 70 percent of the firm, with the Lederer family that founded Primo retaining 30 percent, said the source.Pan-Asia buyouts shop Affinity submitted a final bid for the firm in July, backed by financing of about A$580 million. The leverage multiple on the debt is 3.5 times, the source said.Primo, which has contracts with Coles and Woolworths , has projected 2011 earnings before interest, tax, depreciation and amortisation of A$125 million, the source said.Macquarie Bank was the sellside adviser on the deal. Affinity declined to comment. ($1 = 0.976 Australian Dollars)
Affinity buys Aussie meats firm for $758 mln-source
Affinity will take 70 percent of the firm, with the Lederer family that founded Primo retaining 30 percent, said the source.Pan-Asia buyouts shop Affinity submitted a final bid for the firm in July, backed by financing of about A$580 million. The leverage multiple on the debt is 3.5 times, the source said.Primo, which has contracts with Coles and Woolworths , has projected 2011 earnings before interest, tax, depreciation and amortisation of A$125 million, the source said.Macquarie Bank was the sellside adviser on the deal. Affinity declined to comment. ($1 = 0.976 Australian Dollars)
Heartland Payment unit buys School-Link Technologies
Oct 11 (Reuters) - Payment processor Heartland Payment Systems Inc said its unit Heartland School Solutions acquired privately held School-Link Technologies Inc, for an undisclosed amount, to expand its market share in the school services payments industry.School-Link provides K-12 school nutrition and point-of-sale solutions like processing payments made for school meals, Heartland said in a statement.Heartland has acquired three other K-12 service providers over the past 10 months, including MySchoolBucks.com, which lets parents pay for school meals and student activity fees using a credit or debit card.The company said it now has a nearly 20 percent share of the K-12 public schools market.The Princeton, New Jersey-based company told Reuters in an interview in September it sees scope for growing its market share and margins at a time when the sluggish U.S. economy is expected to hurt its larger rivals.Heartland’s shares closed at $20.34 on Monday on the New York Stock Exchange.
Affinity buys Aussie meats firm for $758 mln-source
Affinity will take 70 percent of the firm, with the Lederer family that founded Primo retaining 30 percent, said the source.Pan-Asia buyouts shop Affinity submitted a final bid for the firm in July, backed by financing of about A$580 million. The leverage multiple on the debt is 3.5 times, the source said.Primo, which has contracts with Coles and Woolworths , has projected 2011 earnings before interest, tax, depreciation and amortisation of A$125 million, the source said.Macquarie Bank was the sellside adviser on the deal. Affinity declined to comment. ($1 = 0.976 Australian Dollars)
Heartland Payment unit buys School-Link Technologies
Oct 11 (Reuters) - Payment processor Heartland Payment Systems Inc said its unit Heartland School Solutions acquired privately held School-Link Technologies Inc, for an undisclosed amount, to expand its market share in the school services payments industry.School-Link provides K-12 school nutrition and point-of-sale solutions like processing payments made for school meals, Heartland said in a statement.Heartland has acquired three other K-12 service providers over the past 10 months, including MySchoolBucks.com, which lets parents pay for school meals and student activity fees using a credit or debit card.The company said it now has a nearly 20 percent share of the K-12 public schools market.The Princeton, New Jersey-based company told Reuters in an interview in September it sees scope for growing its market share and margins at a time when the sluggish U.S. economy is expected to hurt its larger rivals.Heartland’s shares closed at $20.34 on Monday on the New York Stock Exchange.
U.S private equity firm buys 5 pct in Media Nusantara
Saban will pay 1,000 rupiah a share, valuing MNC at $1.56 billion, for 692.33 million shares of MNC. It will buy the stake from MNC’s parent company PT Global Mediacom , a holding company owned by media mogul Hary Tanoesoedibjo, MNC said in a statement on Monday.The Los Angeles-based firm, which owns the Power Rangers franchise, will have an option to buy an additional 346.2 million shares or 2.5 percent stake in the company over the next 27 months, it said.”We view our investment in MNC as strategically important to the continued expansion of Saban Capital Group’s investment franchise in Asia,” said Adam Chesnoff, president and CEO of Saban, in a statement.MNC owned the biggest market share in Indonesia’s free to air TV market, as it owns three free-to-air TV stations, including market leader PT Rajawali Citra Televisi Indonesia.It also controls several newspapers and magazines and radio networks.Shares of MNC had closed up 0.9 percent at 1,090 rupiah before the statement about Saban’s interest. The shares have risen 14 percent so far this year, outperforming the Jakarta stock index’s 0.7 percent advance.
Heartland Payment unit buys School-Link Technologies
Oct 11 (Reuters) - Payment processor Heartland Payment Systems Inc said its unit Heartland School Solutions acquired privately held School-Link Technologies Inc, for an undisclosed amount, to expand its market share in the school services payments industry.School-Link provides K-12 school nutrition and point-of-sale solutions like processing payments made for school meals, Heartland said in a statement.Heartland has acquired three other K-12 service providers over the past 10 months, including MySchoolBucks.com, which lets parents pay for school meals and student activity fees using a credit or debit card.The company said it now has a nearly 20 percent share of the K-12 public schools market.The Princeton, New Jersey-based company told Reuters in an interview in September it sees scope for growing its market share and margins at a time when the sluggish U.S. economy is expected to hurt its larger rivals.Heartland’s shares closed at $20.34 on Monday on the New York Stock Exchange.
Affinity buys Aussie meats firm for $758 mln-source
Affinity will take 70 percent of the firm, with the Lederer family that founded Primo retaining 30 percent, said the source.Pan-Asia buyouts shop Affinity submitted a final bid for the firm in July, backed by financing of about A$580 million. The leverage multiple on the debt is 3.5 times, the source said.Primo, which has contracts with Coles and Woolworths , has projected 2011 earnings before interest, tax, depreciation and amortisation of A$125 million, the source said.Macquarie Bank was the sellside adviser on the deal. Affinity declined to comment. ($1 = 0.976 Australian Dollars)
My fave beauty buys
Today I have decided to share with everyone my favorite beauty product buys…. I usually dont wear makeup unless its mascara and eye liner, so I dont have blush ,m foundation, and concealer on here because I dont use them day to day. I prefer to still look like myself, because I am a firm believer that make-up is used to enhance, not cover and remake….
1) My favorite facial wash is Aveeno facial scrub. It gets rid of any dry skin that I have trouble with during the summer and it gives me a fresh clean feeling without drying my face out.
2) My favorite moisturizer is Olay Complete with UV Defense.Its good because I dont need a separate sunscreen it is actually built into the moisturizer. It leaves my skin feeling smooth and healthy.
3) My favorite mascara is Great Last Mascara by Maybelline. It is great and isnt clumpy on the lashes at all. It makes them look fuller and locker, but not too dramatic….
4) My favorite hair conditioner is Aussie’s 3Minute Miracle. I use it twice a week for my curly hair and my hair always feels soft and bouncy after using it. It’s technicaly a deep conditoner, but sometimes I use it everyday. Plus its only about 3 dollars and smells FRUITY AND GREAT! :)
