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  2. Closure Systems International To Exhibit at PACK EXPO

    INDIANAPOLIS — Closure Systems International (CSI) has announced that it will be exhibiting at the PACK EXPO International from October 23 to 26. The event will occur in the McCormick Place Convention Center in Chicago, IL. CSI will be exhibiting in booth S-3430, located in the middle of the South Hall in McCormick Place. Company representatives will be available throughout the conference to demonstrate products and meet with current and potential packaging equipment customers.

    4 hours ago Business Wire News Releases
    CSI's 900T Capper
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  4. Sound Point Capital Management Hires Merrill Martin from CSAM for Independent Wealth Channels

    NEW YORK — Sound Point Capital Management (“Sound Point”), a leading credit-focused investment manager with more than $32 billion in assets, is pleased to announce it has hired Merrill Martin as its new Senior Director of Business Development for their Independent Wealth team. He will be focused on covering Key Accounts, Family Offices, and Registered Investment Advisors.

    5 hours ago Business Wire News Releases
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  5. Kinder Morgan Announces Sale of Equity Interests in Elba Liquefaction Company

    HOUSTON — Kinder Morgan, Inc. (NYSE: KMI) today announced that it has closed on the sale of a 25.5% equity interest out of its membership interest in Elba Liquefaction Company, L.L.C. (ELC) to an undisclosed financial buyer for approximately $565 million, subject to customary purchase price adjustments to reflect an economic effective date of July 1, 2022. These proceeds will reduce short-term debt and create additional capacity for attractive investments, including opportunistic share repurchases. The value of the equity interest implies an enterprise value of approximately $2.3 billion for ELC, which is approximately 13 times 2022E EBITDA. Upon closing, KMI and the undisclosed financial buyer will each hold a 25.5% interest and Blackstone Credit will continue to hold a 49% interest in ELC. Bracewell LLP served as legal advisor to KMI for this transaction. The ELC joint venture was formed in 2017 to construct and own the 10 modular liquefaction units in operation at Elba Island. KMI will continue to operate the facility.

    6 hours ago Business Wire News Releases
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  6. The Westaim Corporation Announces Normal Course Issuer Bid

    TORONTO — The Westaim Corporation (“ Westaim ” or the “Company ”) (TSXV: WED) is pleased to announce that the TSX Venture Exchange (the “ Exchange ” or “ TSXV ”) has accepted a notice filed by the Company of its intention to make a 2022 normal course issuer bid (“ NCIB “) to be transacted through the facilities of the Exchange. The Company’s 2021 NCIB was for the period from October 1, 2021 to September 30, 2022, during which the Company purchased and cancelled 1,800,000 of the Company’s common shares (the “ Shares ”) at a weighted average purchase price per Share of US$2.02 (C$2.54) including commissions.

    6 hours ago Business Wire News Releases
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