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Breaking Ties: Kraft Heinz Closes Business Operations in Russia

Valutico

While expanding its portfolio in 2021 and 2022 with acquisitions like Brazil’s Hemmer condiment and sauce company and an 85% stake in Germany’s Just Spices GmbH, the company has also recently agreed to sell its Russian baby food business to Chernogolovka. Net income increased 131.3% Adjusted EBITDA decreased 5.8%

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Breaking Ties: Kraft Heinz Closes Business Operations in Russia

Valutico

While expanding its portfolio in 2021 and 2022 with acquisitions like Brazil’s Hemmer condiment and sauce company and an 85% stake in Germany’s Just Spices GmbH, the company has also recently agreed to sell its Russian baby food business to Chernogolovka. Net income increased 131.3% Adjusted EBITDA decreased 5.8%

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Advantage Solutions sells Strong Analytics to OneSix, marking another step in its business simplification

Benzinga

Strong Analytics, which Advantage acquired in 2021, provides a range of data science services primarily to brands in the pharmaceutical, marketing and hospitality industries. Terms of the sale, which closed June 7, were not disclosed.

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Good Intentions, Perverse Outcomes: The Impact of Impact Investing!

Musings on Markets

trillion was invested by impact investors in 2021, with a diverse range of investors: Global Impact Investing Network, 2022 Report Not surprisingly, the balance between social impact and financial return desired by investors, varies across investor groups, with some more focused on the former and others the latter.

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Russia in Ukraine: Let Loose the Dogs of War!

Musings on Markets

Russia was also a leading exporter of these commodities, with a disproportionately large share of its oil and gas production going to Europe; in 2021, Russian gas accounted to 45% of EU gas imports. Ukraine is also primarily a natural resource producer, especially iron ore, albeit on a smaller scale.

Start-ups 100
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Altra Industrial Motion Corp. Announces Acquisition By Regal Rexnord Corporation

Benzinga

million in the third quarter 2021. Included in the Q3 2021 net sales are revenues of approximately $41.3 Included in the Q3 2021 net sales are revenues of approximately $41.3 Net Income for the third quarter of 2022 was $33.6 Non-GAAP adjusted EBITDA* was $92.1 million, or 7.2% of revenues.

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TELUS announces agreement to acquire LifeWorks, strengthening TELUS Health's position as a leading global digital health and wellness provider

Benzinga

billion, and the assumption of net debt of approximately $600 million, subject to required court, LifeWorks shareholder, stock exchange and regulatory approvals (the " Transaction "). (TSX: LWRK ) pursuant to which TELUS will acquire all of the issued and outstanding common shares of LifeWorks for $33.00

EBITDA 40