FIFCO’s Shareholders Approve Sale of the Company’s Beverage, Food, and Retail Business to HEINEKEN Amsterdam, 7 October 2025 - Today, at an Extraordinary General Shareholders’ Meeting, the shareholders of Florida Ice and Farm Company S.A. (“FIFCO”) approved, by majority of votes, the sale to Heineken N.V. (“HEINEKEN”) of its beverage, food, and retail operations in Costa Rica, Guatemala, El Salvador, and Honduras; its beverage operations in Mexico; as well as its stakes in the beverage businesses in Nicarag ...

The oil and gas producer is in talks to sell its OxyChem business for at least $10 billion, says a report. ...

Group 1 - GOJO Industries, the maker of Purell hand sanitizer, is exploring options for a full sale or minority stake, with a potential valuation close to $2 billion [1][2] - The company is in discussions with private equity firms and is working with investment bank Harris Williams, although these talks are at an early stage and no deal is guaranteed [2][3] - GOJO's spokesperson highlighted the company's strong performance and opportunities to expand the Purell brand and market solutions [2] Group 2 - The Lippman-Kanfer family, which owns GOJO, attempted to sell the company in 2023 but did not receive bids that met their price expectations, with Georgia-Pacific being the closest suitor [3] - Instead of pursuing a sale, GOJO took on $500 million in new debt from Silver Point Finance to repay existing debt and fund operations [4] - Sales of hand sanitizer surged during the COVID-19 pandemic, but the company's financials have since normalized [4] Group 3 - GOJO was founded in 1946 and is known for inventing the first one-step, rinse-off hand cleaner, as well as Purell, which was launched in the consumer market in 1997 [5] - The company sells a range of products, including soaps, wipes, and surface disinfecting sprays, primarily through business-to-business channels, serving schools, hospitals, and stadiums globally [6]

Core Viewpoint - Verkkokauppa.com Oyj has successfully sold its consumer financing business to Walley for approximately EUR 34 million, which is expected to enhance the company's balance sheet structure without significantly impacting its overall results for 2025 [1][2]. Group 1: Transaction Details - The sale agreement was signed on June 2, 2025, and the preliminary price for the transaction is about EUR 34 million, with the final purchase price to be determined through post-closing reconciliation [1]. - The transaction will generate a non-recurring gain of approximately EUR 3 million, which will be reported in the Q3/2025 interim report as an item affecting comparability [2]. Group 2: Company Overview - Verkkokauppa.com is an e-commerce pioneer in Finland, known for its fast deliveries and customer-centric approach, serving over 1.7 million customers [4]. - The company reported a revenue of EUR 468 million in 2024 and employs around 600 people, being listed on the Nasdaq Helsinki stock exchange [5].

Group 1 - Admiral Group plc has agreed to sell its U.S. motor insurance business, including Elephant Insurance Company, to J.C. Flowers & Co for an undisclosed cash consideration, expected to close in Q4 2025 [1] - Elephant Insurance, headquartered in Richmond, Virginia, provides simple and affordable car insurance to U.S. customers, with user-friendly tools for finding suitable coverage [2] - The sale is seen as a strategic move for Admiral Group to focus on growth opportunities in the UK and Mainland Europe, while ensuring the future success of Elephant Insurance under J.C. Flowers [3] Group 2 - J.C. Flowers has a strong history of investing in the insurance sector and aims to leverage its experience to help Elephant Insurance grow as a standalone entity [4] - The partnership is expected to enhance Elephant Insurance's growth strategy and add value for customers while maintaining its unique culture [4] - Admiral Group is advised by BofA Securities and Sidley Austin LLP, while J.C. Flowers is advised by Keefe, Bruyette & Woods and Debevoise & Plimpton LLP in this transaction [6] Group 3 - Admiral Group is a leading FTSE 100 Financial Services company offering various insurance products and personal lending, with a presence in multiple countries [8] - J.C. Flowers is a prominent private investment firm focused on the financial services industry, having invested over $18 billion in 67 companies across 18 countries [9]

Core Viewpoint - Topgolf Callaway Brands Corp. has agreed to sell its Jack Wolfskin business to ANTA Sports for a base price of $290 million in cash, with the transaction expected to close in late Q2 or early Q3 of 2025, pending regulatory approvals [1][2]. Financial Impact - The sale is anticipated to enhance the company's balance sheet and liquidity, providing financial flexibility ahead of the planned separation of Topgolf from its core operations [2]. - The Jack Wolfskin business is estimated to generate approximately €325 million in revenue and €12 million in Adjusted EBITDA for the full year 2025, with a breakdown of €115 million in revenue and a loss of €18 million in Adjusted EBITDA for the first half, and €210 million in revenue and €30 million in Adjusted EBITDA for the second half [2]. Advisory Information - Goldman Sachs is serving as the financial advisor for the transaction, while Latham & Watkins LLP is acting as the legal advisor [3]. Company Overview - Topgolf Callaway Brands Corp. is a tech-enabled modern golf and active lifestyle company, offering a range of golf equipment, apparel, and entertainment, with a portfolio that includes brands such as Topgolf, Callaway Golf, and Jack Wolfskin [4].