Core Viewpoint - Lazydays Holdings, Inc. plans to delist its common stock from The Nasdaq Capital Market, with the delisting expected to be effective on or about November 28, 2025, following the completion of necessary notifications to Nasdaq and the SEC [1][4]. Group 1: Delisting and Asset Sale - The company entered into an Asset Purchase Agreement with affiliates of Campers Inn Holding Corporation to sell substantially all of its assets, with stockholder approval received on October 14, 2025 [2]. - The Asset Sale is anticipated to occur between November 17, 2025, and November 26, 2025, after which the company will wind up its remaining assets and liabilities under a Plan of Liquidation and Dissolution [2][3]. - The decision to delist is based on the burdens of operating as a listed public company outweighing the benefits, particularly due to substantial operating losses and limited cash resources [3]. Group 2: Financial Condition and Future Outlook - The company has substantial secured and unsecured indebtedness and is unable to refinance this debt, leading to the expectation that it will not be able to repay all unsecured creditors after the Asset Sale [3]. - The company anticipates that the purchase price from the Asset Sale will primarily be used to repay its indebtedness and obligations [3]. - Following the completion of the Asset Sale, the company will not have ongoing operations and does not expect to provide any return to stockholders due to their junior priority relative to creditors [3]. Group 3: Compliance and Future Operations - The company expects that ongoing compliance with Nasdaq rules will not be feasible after the Asset Sale [3]. - There are no arrangements for the common stock to be listed or registered on another national securities exchange, and there is no assurance that trading will continue in any over-the-counter market [4].

Financial Data and Key Metrics Changes - The company reported GAAP net income of $1.2 billion and earnings per share (EPS) of $6.98 for Q3 2025, driven by strong gains on sale and insurance recoveries [5][17] - Adjusted net income was $865 million, with a record adjusted EPS of $4.97, leading to an increase in full-year EPS guidance to $13.70 [5][21] - The company generated significant excess capital, resulting in a leverage ratio of 2.1 to 1 and a strong liquidity position with total sources of liquidity at approximately $22 billion [20][22] Business Line Data and Key Metrics Changes - The aircraft leasing segment saw utilization rates exceeding 99%, with a healthy extension rate of approximately 85% for used aircraft transactions [5][6] - The company sold 32 owned assets for total sales revenue of $1.5 billion, resulting in a gain on sale of $332 million and an unlevered gain on sale margin of 28% [17][18] - The engine business continues to deepen relationships with OEMs and airlines, highlighted by a seven-year agreement with GE Aerospace for lease pool management services [9][10] Market Data and Key Metrics Changes - The demand for widebody aircraft remains high, with a 100% extension rate for widebody transactions, indicating robust market conditions [6][8] - The company is taking back 27 aircraft from Spirit Airlines, which will incur downtime and engine shop visit costs, impacting fourth-quarter guidance [8][19] - The overall market environment for aircraft leasing and sales continues to be strong, with expectations for over $3 billion in sales for the full year [18][22] Company Strategy and Development Direction - The company emphasizes disciplined capital deployment, focusing on accretive opportunities and maintaining a strong balance sheet [12][68] - AerCap is actively participating in M&A discussions and is open to consolidation in the industry, viewing it as a positive for shareholders [33][34] - The company has negotiated over 200 aircraft acquisitions since 2021, indicating a proactive approach to fleet management and market positioning [54][68] Management's Comments on Operating Environment and Future Outlook - Management remains confident about the business outlook, citing strong demand for both new and used aircraft driven by the need to retire older models [25][26] - The company expects continued strong performance in the aircraft leasing market, with a favorable supply-demand imbalance projected to last through the end of the decade [36][39] - Management acknowledged potential challenges from geopolitical factors but believes long-term fleet planning by airlines will mitigate short-term impacts [76] Other Important Information - The company has committed approximately $10 billion to engines through its two engine divisions since closing the GECAS transaction [10] - The company returned $981 million to shareholders through share repurchases in Q3, marking a quarterly record for open market purchases [14][20] Q&A Session Summary Question: Thoughts on U.S. industry consolidation - Management sees limited room for further consolidation in the U.S. market but acknowledges strong demand for new technology aircraft as older models are retired [25][26] Question: Margin progression and yield improvement - Management indicated that net spread increased to 8%, the highest since 2019, with expectations for continued positive impacts from new deliveries [27][28] Question: Comments on Air Lease proxy and strategic bidding - Management supports industry consolidation and emphasizes discipline in M&A discussions to avoid diluting shareholder value [32][34] Question: Outlook for A220 market - Management noted challenges with the A220's engine durability but remains optimistic about its future if improvements are made [61][62] Question: Capital allocation and sale-leaseback opportunities - Management highlighted the importance of pursuing accretive transactions and maintaining a focus on shareholder returns [68][69]

Viper, the mineral and royalty unit of Diamondback, is exploring a sale of assets outside of the Permian Basin of West Texas and New Mexico, according to sources https://t.co/9uyLQojL0w ...

3M is considering selling billions of dollars of assets from its industrials operations as it looks to carve out low-growth businesses https://t.co/QqXpZQU3YT ...

Core Viewpoint - Synlait Milk has agreed to sell its North Island assets to Abbott Laboratories for approximately US$178 million, while the company has returned to EBITDA profitability and reduced net losses to NZ$40 million in fiscal 2025 [1][4]. Group 1: Asset Sale Details - The North Island assets include Synlait's Pokeno factory, a blending and canning facility, and a warehouse, which were identified as underutilized and incurring financial losses [2][4]. - The gross value of the North Island assets is around NZ$273 million, representing more than half of Synlait's average market capitalization of NZ$429.7 million [3]. - The transaction is expected to close on April 1, pending consent under the Overseas Investment Act [3]. Group 2: Financial Impact - Proceeds from the asset sale will significantly reduce Synlait's debt, which decreased from NZ$551.6 million to NZ$250.7 million in fiscal 2025 [7]. Group 3: Partnership with Abbott - Abbott has been a customer of Synlait since 2020 and the partnership will continue post-transaction for transitional services for up to three years, with potential extensions [6]. - The Pokeno facility was customized to process both dairy and non-dairy nutritional products following the agreement with Abbott [6].

A sale of the assets could be valued at £500 million to £700 million https://t.co/U33Wgt4lmr ...

Asset Sale - Venezuelan representatives and bidders are in a US court for a three-day sale hearing regarding Citgo's parent company [1] - The hearing aims to decide who will take over the parent of Citgo, Venezuela's most valuable foreign asset [1]

Core Insights - Alamos Gold Inc. (AGI) has finalized a $470 million agreement to sell its Turkish subsidiary, including the Kirazli, Agi Dagi, and Camyurt projects, to Tumad Madencilik Sanayi ve Ticaret A.S, allowing the company to focus on higher-return growth projects [1][2][6] Financial Details - The sale will be executed in three installments: $160 million upon completion, $160 million within the first year, and $150 million on the second anniversary of the closing [2][3] - AGI plans to utilize the proceeds to reduce existing debt and fund key projects such as the Island Gold Phase 3+ Expansion, Lynn Lake, and Puerto Del Aire in Mexico [3][6] Performance Metrics - In Q2 2025, AGI reported record adjusted earnings of 34 cents per share, surpassing the Zacks Consensus Estimate of 33 cents, marking a 42% year-over-year increase [4] - Total revenues for Q2 2025 reached $438 million, up from $333 million in the prior-year quarter [4] Stock Performance - AGI's shares have appreciated by 60% over the past year, compared to a 70.6% increase in the industry [5]

Core Viewpoint - Alamos Gold Inc. has entered into a definitive agreement to sell its wholly owned Turkish subsidiary, Doğu Biga Madencilik Sanayi ve Tic. A.Ş., for a total cash consideration of $470 million, which will be used to support the development of other high-return growth projects and reduce existing debt obligations [2][3][4]. Transaction Details - The total cash consideration for the sale is $470 million, with payments structured as follows: $160 million upon closing, $160 million on the one-year anniversary, and $150 million on the two-year anniversary of the closing [2][8]. - The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions and regulatory approval in Türkiye [4]. Strategic Implications - The proceeds from the transaction will be utilized to support the development of Alamos's growth projects, including the Phase 3+ Expansion within the Island Gold District, the Lynn Lake Project, and the Puerto Del Aire project in Mexico [3][4]. - The transaction allows the company to crystallize significant value from its Turkish assets and focus on lower-cost projects in North America, enhancing its growth profile in the sector [3]. Legal Considerations - In conjunction with the transaction, arbitration proceedings between the Netherlands Subsidiaries and the Republic of Türkiye will remain suspended and will be discontinued after certain contractual milestones are reached [5].

Core Viewpoint - Artemis, the holding company of the Pinault family, will not sell its 29% stake in Puma at the current market value and is not in negotiations for a deal, despite previous reports suggesting otherwise [1][2]. Stake and Market Activity - Artemis' stake in Puma is valued at approximately $960 million, and the company has received interest from various potential buyers, including private equity firms and industry peers, but is not currently negotiating any sales [1][2][5]. - Following the August 25 report about potential buyers, Puma shares surged by 15% but have since lost most of those gains [2]. Valuation and Market Performance - A source indicated that Artemis believes Puma is worth significantly more than its current market value, reflecting a strong belief in the brand's potential despite its recent struggles [3]. - Puma's shares have decreased over 60% in value over the past two years due to a loss of market share and challenges in generating interest in new sneaker models [3]. Future Outlook - While Puma may not remain in Artemis' portfolio indefinitely, the timing for a sale is not considered right at present [4]. - The newly appointed CEO of Puma, Arthur Hoeld, has the full confidence of Artemis, and the company does not face any debt maturities in the near term that would necessitate asset sales [6].