FAR receives non-binding indicative proposal from Lukoil

first_imgFAR has appointed Baker McKenzie to advise in relation to the Lukoil Proposal FAR receives non-binding indicative proposal from Lukoil. (Credit: drpepperscott230 from Pixabay) FAR Limited (ASX: FAR) received a conditional non-binding indicative proposal from PJSC Lukoil, one of the world’s largest publicly traded energy companies, to acquire 100% of the shares of FAR at A2.2c cash per share (“Lukoil Proposal”). Lukoil is headquartered in Russia. The Lukoil Proposal values FAR at A$220 million.FAR cautions that the Lukoil Proposal is not a legally binding offer, it is subject to targeted and timely corporate due diligence on FAR, it is subject to final Lukoil board approval, and that there is no certainty that the Lukoil Proposal will necessarily eventuate. Accordingly, care needs to be used in assessing the Lukoil Proposal.Lukoil has stated that the price proposed by it represents a higher value for FAR shareholders than both the proposed sale of the RSSD project to Woodside Energy (Senegal) BV and the incomplete proposal from Remus Horizons PCC Limited. FAR has not received a binding offer from Remus.Lukoil has stated that the Lukoil Proposal will be funded from available internal cash reserves and that any formal binding offer would not include any financing conditions.Lukoil has stated that the Lukoil proposal is conditional (amongst other things) on:The FAR shareholder meeting to consider approving the sale of the RSSD project to Woodside scheduled for Thursday 18 February 2021 being rescheduled.Obtaining minimum acceptances of 50.1% of shares and a FAR board recommendation.Lukoil has stated that it does not believe it requires FIRB approval for the transaction and that it does not anticipate requiring any other regulatory approvals as a condition of the transaction. Lukoil has stated that it has a deep understanding of the RSSD Project as it has previously completed due diligence and entered into an agreement to acquire an interest in the RSSD Project from Cairn Energy Plc which was subsequently pre-empted by Woodside.In these circumstances, FAR has determined to postpone the shareholders meeting currently scheduled for 18 February 2021. This will enable FAR to clarify the status of the Lukoil Proposal. FAR will advise the rescheduled date as soon as this has been determined, noting that the Lukoil Proposal has only just been received. FAR will provide further information to shareholders prior to the shareholders meeting being held, and shareholders who have already voted will have the opportunity to change their vote if they wish.Lukoil has stated that it is open to providing reasonable financing support to allow FAR to come out of default in relation to its RSSD Project cash call defaults once its proposal is unconditional subject to customary conditions being agreed. As previously announced by FAR, FAR is in default with respect to its January 2021 cash call of US$19.9 million. FAR is also in default with respect to its February 2021 cash call of US$24 million. As previously announced by FAR, it has until mid July 2021 to remedy defaults or risk losing its interest in the RSSD Project.Lukoil has advised that it has funds which are readily available for deployment if its offer proceeds. Lukoil has stated that it recognises that its offer would need to be unconditional well in advance of the Woodside long-stop date for its sale (which as previously announced is early June 2021 or such later date as agreed).FAR has appointed Baker McKenzie to advise in relation to the Lukoil Proposal. Source: Company Press Releaselast_img read more

Austria deploys special ops boarding team to Op Sophia

first_imgBack to overview,Home naval-today Austrian Jagdkommandos to embark German tender for EU mission Sophia View post tag: tender Main View post tag: Mediterranean Sea Authorities View post tag: German Navy March 1, 2017 Austrian Jagdkommandos to embark German tender for EU mission Sophia Austrian Jagdkommandos, an Austrian Armed Forces’ Special Operations group, will embark German Navy tender ‘Main’ on March 2 to support EU’s counter-smuggling mission in the Mediterranean Sea.An official send-off ceremony for the Jagdkommandos took place in the Roßauer barracks in Vienna on February 28.The 15 soldiers that constitute the boarding team will help during the boarding and eventual seizing of smuggling vessels in the Mediterranean Sea.Austria is one of 20 EU member states that have provided soldiers and personnel for this mission. The country has further six personnel stationed in the maritime headquarters in Rome, Italy, and two personnel embarked aboard Italian Navy aircraft carrier ITS Garibaldi.Operation Sophia has been running since October 2015 and has recently been extended to last until December 2017. The mission is an EU undertaking aimed at curbing organized people smuggling. EU assets use air and satellite imagery to collect information on smugglers and patrol the Libyan coast to uncover criminal networks.The efforts have so far led to the arrest of 106 smugglers while 396 boats were destroyed. Operation Sophia also helped other authorities, like the Italian Coast Guard, destroy further 211 boats. View post tag: Op Sophia View post tag: Austria Share this articlelast_img read more

Associate Professor or Professor – Physics

first_imgPrior professional US experience with progressiveresponsibility.Demonstrated ability to communicate and work effectively withdiverse campus community. ABOUT FLORIDA POLY:Florida Polytechnic University opened for classes in 2014-15 and isthe twelfth university in the Florida State University System. TheUniversity was created as an exclusively STEM-focused publicuniversity that offers high-value undergraduate and graduatedegrees and that has intentional industry connections with a focuson economic development of the high-tech I-4 corridor. Dedicated topreparing students for the competitive STEM workforce, FloridaPolytechnic University blends traditional subject matter masterywith problem solving and laboratory experiences to provide studentswith learning opportunities applicable to both the workplace and acareer of lifelong learning. The University delivers its courses insmall class sizes, emphasizes a positive student to facultyexperience, and is dedicated to both its teaching and researchmission.Faculty are employed at Florida Poly via renewable, term definedappointments, codified in a collective bargaining agreement, thatsubstantially mirrors tenure systems with reappointment andprogression in rank upon completion of a significant review ofaccomplishments.Lakeland, home to Florida Polytechnic University’s ultra-moderncampus, is located along the I-4 High Tech Corridor halfway betweenTampa and Orlando. Our central Florida community combines smalltown comfort with big-city culture. Florida’s High-Tech Corridor ishome to 11,000 high-tech businesses, and Polk County alone has morethan 600,000 residents, four universities and one state college.Lakeland is just a 45-minute drive from Walt Disney World,Universal Studios, professional sports teams, and thrivingperforming art centers. With no income tax in Florida, and homevalues increasing by approximately 10% over the past year, Lakelandand Central Florida continue to rise among the best places to liveand work.EXPECTED STARTING SALARY: Commensurate with experience andqualificationsAPPLICATION DEADLINE DATE: DESIRED / PREFERRED QUALIFICATIONS: Associate Professor or Professor – PhysicsJob Description SummaryThe Department of Natural Sciences at the Florida PolytechnicUniversity seeks candidates for an Associate Professor or Professorwith broad teaching capacity that supports an undergraduate degreein Engineering Physics and has a research specialization alignedwith Theoretical Physics. The appointment will be made at theAssociate Professor or Professor level and will begin on August 15,2021.The Department of Natural Sciences at Florida PolytechnicUniversity has embarked on a new initiative in Engineering Physicssince August 2019. The new undergraduate program has been formallyapproved and the courses to support the degree delivery are beingdeployed as required in the coming six semesters when the degreedelivery should become more routine.This position is part of a strategic expansion of the departmentthat will add approximately three faculty to the current seven fulltime faculty members within the department. As a part of thisfaculty expansion, the department will be emphasizing and improvingits current teaching mission and also putting in place a researchpresence for the department. Relatively near-term plans include aMaster’s degree program for the department.Ideally, applicants will provide evidence of prior success inteaching (both undergraduate and graduate) and research with anestablished record of independent research productivity andfunding, publication history in high quality, peer reviewedjournals, and supervision of graduate and/or undergraduatestudents.Job DescriptionMINIMUM QUALIFICATION: Cover letterCurriculum VitaeStatement of Research InterestsStatement of Teaching PhilosophyList of at least 3 professional references (names and contactinformation) Positions are open until filled (or recruitment cancelled).Review of applications will begin immediately and continue untilthe positions are filled. APPLICATION PROCESS: All Applicants are required to submitthe following in PDF format to the Florida Polytechnic CareersWebsite:center_img Employment is contingent upon proof of the legal right to workin the United States. This proof must be provided prior toemployment at the University. An appointment is not final untilproof is provided. Curriculum development and significant teaching experience atall collegiate levels.Funded research experience as a Principal Investigator.Demonstrated ability to identify project opportunities andindependently develop proposals that are subsequently funded.Experience with students’ academic mentoring and as a thesisadvisor.Experience in program assessment and execution of a continuousimprovement plan. Ph.D. in Physics, or closely related field.Six years of experience as a faculty member or as anindependent researcher. Active participation in professional activities andorganizations. Diversity Statement:Florida Polytechnic University is an equal opportunity/equal accessinstitution. It is the policy of the Board of Trustees to provideequal opportunity for employment and educational opportunities toall (including applicants for employment, employees, applicants foradmission, students, and others affiliated with the University)without regard to race, color, national origin, ethnicity, sex,religion, age, disability, sexual orientation, marital status,veteran status or genetic information.Special Instructions Regarding Attachments:Required attachments are listed on each posting. Please besure to attach all required documents in the Resume/CV field beforecontinuing through the application. Once your applicationhas been submitted, no changes may be made and additionalattachments will not be considered.An unofficial copy of the degree/transcript is acceptable duringthe application process. For positions requiring a degree, theofficial transcripts are required upon hire.Foreign Transcript: Transcripts issued outside of the United Statesrequire a equivalency statement from a certified transcriptevaluation service verifying the degree equivalency to that of anaccredited institution within the USA. This report must be attachedwith the application and submitted by the applicationdeadline.All document(s) must be received on or before the closing date ofthe job announcements.This position requires a background check, which may includea level II screening as required by the Florida Statute§435.04.last_img read more

Costa launches first ever TV ad

first_imgCosta Coffee’s first ever venture into TV advertising will launch on 7 October, featuring a room full of monkeys trying to make a cup of coffee.The ad follows Costa’s first national marketing campaign last year – the controversial ‘7 out of 10 coffee lovers prefer Costa’ campaign, which, following several months of complaints from Starbucks, culminated in a landmark ASA ruling in Costa’s favour in July this year. The new campaign will feature the strapline ‘For Coffee Lovers’ and is described as a ‘celebration’ of the ruling. The ad shows a futuristic room filled with monkeys in front of coffee machines, tentatively trying to work the machines with a gradual descent into chaos. It ends with a Costa barista expertly hand-making a cup of coffee. Supporting press activity will run in national newspapers, featuring headlines stating that ‘not all coffee is made equal’ and that Costa is on a ‘mission’ to save the world from mediocre coffee.  An online campaign will also accompany. Jim Slater, marketing director for Costa, commented: “Costa is enjoying double-digit like-for-like sales growth, and we aim to continue this great momentum. Independent surveys consistently prove that coffee lovers prefer Costa, and this TV commercial will help us to explain the reasons why.”>>Costa Coffee continues to grow saleslast_img read more

Coquillard Elementary students receive school desks for at-home learning

first_img Twitter By Brooklyne Beatty – September 10, 2020 0 447 Google+ Pinterest Pinterest Coquillard Elementary students receive school desks for at-home learning WhatsApp Google+ Twittercenter_img TAGSat-homeCoquillard ElementarycoronavirusCOVID-19e-learningfreeIndianalearningschool deskSouth Bend (“old school” by alamosbasement, CC BY 2.0) A South Bend elementary school is making an effort to make at-home learning a little easier for its students.Coquillard Elementary held a “desk distribution” event at no cost to families, Wednesday, to provide students in need with a proper workspace at home.Desks and chairs were made available for families to pick up Wednesday, with the understanding that they would be returned at the end of the school year. ABC 57 News reports more desks will be distributed Thursday from 2-5 p.m.School staff will also deliver desks to families who do not have a means of picking them up.In total, about 100 desks will be distributed to students. Facebook WhatsApp IndianaLocalNews Facebook Previous articleUnemployed Hoosiers offered free workforce skills coursesNext articleGoshen Physicians offering drive-thru flu shot clinics Brooklyne Beattylast_img read more

Finsbury appoints new non-executive director

first_imgFinsbury Food Group has appointed Bob Beveridge as non-executive director with immediate effect.In his 30 year-career Beveridge has held posts including financial director at private label manufacturer of household and personal care, McBride. He has also held roles at Cable & Wireless Communications and Marlborough Stirling.Peter Baker, non-executive chairman of Finsbury Food Group, said of the appointment: “Our board is comprised of experts in their fields and Bob’s appointment is a strong addition and one that complements our current strengths.“The recent reshaping of the board shows our commitment to having the expertise and capabilities to help build upon our strong market position, drive growth and continue to deliver shareholder value.”In March 2017, Finsbury Food Group secured the license to produce a range of Mary Berry cakes.last_img read more

‘Genius’-level honor for Harvard historian

first_imgWith a daughter just a week old, Sunil Amrith had good reason to be awake before dawn on Wednesday.But the early morning hours turned especially lively — and joyous — when the MacArthur Foundation listed the Harvard historian among this year’s 24 “Genius” Grant recipients.“Honored and delighted to be a #MacFellow — and still in shock!” Amrith tweeted at 6:53 a.m.The prestigious fellowship recognizes “exceptional creativity” with a $625,000 award. The money will allow the 38-year-old scholar to pursue his ideas and activities with full freedom.“The real difference it will make is that it will make the projects that were somewhere in the dream category possible, the ones that don’t neatly fit into a research grant application but nevertheless bring out other dimensions of the issues I am passionate about,” said Amrith, the Mehra Family Professor of South Asian Studies and a professor of history. “The no-strings-attached element gives an even heightened sense of responsibility of needing to do something good with it.”The Kenya-born Amrith, who left the University of London for Harvard two years ago, is on sabbatical while finishing a book called “Unruly Waters,” about historical effects of the Indian monsoon on culture, politics, and economics in the context of climate change.Shortly before coming to Cambridge, Amrith published “Crossing the Bay of Bengal: The Furies of Nature and the Fortunes of Migrants,” research that focused on migration in South and Southeast Asia.“I’ve long been interested in working with documentary film,” he said. “The MacArthur is an encouragement to work in different media and with new people, to bring a new dimension to the work I’m doing.”Amrith’s MacArthur comes nearly 12 months after he won India’s Infosys Prize in Humanities.“To have two of these in a year is insane. It’s a lifetime’s good fortune and then some,” he said.But luck had little to do with Amrith’s recognition, said Dean of Arts and Humanities Robin Kelsey.“Sunil’s colleagues already knew that he was a genius, but it is wonderful to see his scholarship receive this recognition and support,” Kelsey said.Other 2017 MacArthur awardees include Graduate School of Design alums Kate Orff, M.L.A. ’97, and urban planner Damon Rich, L.F. ’07, and Pulitzer Prize-winning novelist Viet Thanh Nguyen (“The Sympathizer”), who was a Radcliffe Fellow in 2008–09; playwright Annie Baker; MIT computer scientist Regina Barzilay; and musician Tyshawn Sorey.Amrith, an amateur pianist, said he was “flabbergasted” to be on a list with the likes of Sorey, a composer-percussionist he has admired for years.“Funnily enough, the main way I’ve know about these awards is through a lot of the jazz musicians I love,” he said.While he spent most of the day fielding interview requests and congratulatory calls, Amrith said that formally celebrating the honor would have to wait.“Between the award and the birth of Lydia, it’s certainly made for quite a dramatic week.”last_img read more

Saracino to retire as director of Admissions

first_imgDirector of Undergraduate Admissions Dan Saracino will retire from his post after serving for 13 years, the University announced today.The University will begin a national search to hire Saracino’s replacement, and in the meantime, Director of Operations in the Office of Admissions Robert Mundy will serve as interim director.“It truly has been an honor to have served my alma mater these past 13 years,” Saracino said in a press release. “With a passionate and dedicated staff, we have all labored tirelessly to reach those outstanding young men and women who have indeed made this an even better Notre Dame. As an alumnus, I have no doubt that this special place will continue to grow.”During Saracino’s tenure, the Office of Admissions has pushed to increase diversity on campus as well as enrollment of international students. Diversity enrollment has increased from 14 percent to 23 percent in the past 13 years.Yet Saracino has told The Observer that the University still has a ways to go to reach its goals regarding diversity of the student body.“The two areas where we really came up short were African Americans and the internationals,” Saracino said in September of the most recent freshman class.This Class of 2013 is made up of 23 percent ethnic minorities – 10 percent Hispanic, 3 percent Asian, 3 percent black, 3 percent international students and 1 percent Native American.The average SAT score of enrolled students at Notre Dame increased from 1325 to 1410 during Saracino’s tenure as well.During his time as admissions director, Saracino alsomoved the University from a specialized application to the Common Application.“Dan has helped recruit an extraordinary student body to Notre Dame, individuals who have a passion for inquiry, are engaged by their faith and generously use their gifts in service of humanity,” Associate Provost Dennis Jacobs said in the release. “By mobilizing enthusiastic alumni and a dedicated team of admissions professionals, Dan is responsible for annually attracting more than 14,000 accomplished applicants from all 50 states and from over 80 countries around the world.”Saracino’s retirement is effective June 30.last_img read more

See Josh Gad Hire a Best Man in The Wedding Ringer Trailer

first_img Josh Gad Frozen’s Josh Gad is desperately seeking a best man (and a handful of groomsmen). Any takers? The Broadway alum and Tony nominee has teamed up with Kevin Hart for the upcoming comedy The Wedding Ringer. The Book of Mormon star plays a loner, who, after failing to find a suitable groom’s party for his wedding, hires Jimmy (Hart) to pose as his best man. The film, set to release in January 2015, also features Kaley Cuoco, Olvia Thirlby, Jeffrey Ross and Cloris Leachman (in a particularly “fiery” role, as seen in the trailer). Check it out below! Star Filescenter_img View Commentslast_img

Weekend Poll Top Three: Fans Want Ansel Elgort on Broadway!

first_img 3. Chris Pratt, Guardians of the Galaxy—14% In preparation for his performance as Star-Lord, the Hollywood superhero has gone from funny guy on Parks and Rec to Men’s Fitness cover guy. And he can totally sing, sort of. Straight play or musical, Pratt would definitely have audiences swooning and laughing simultaneously. Wait. What’s going on with that Magic Mike musical…? She cracked us up in flicks such as Tammy, The Heat and Bridesmaids (for which she was nominated for an Oscar). And she’s no stranger to the small screen, after taking home an Emmy for Mike & Molly. But while she has some stage cred as an improv alum and an SNL host, she’s never been on Broadway. Maybe it’s time. As it turns out, we happen to have the perfect vehicle in mind for her… Broadway.com has been hitting the movies! While we gear up for an exciting fall season on stage, we’ve been beating the heat in movie megaplexes. Because let’s face it: people would be pissed if we went to a Broadway show with popcorn and Sno-Caps. This year’s summer blockbusters are packed with some of Hollywood’s biggest celebs, and we want to know: which summer movie star would you like to see on the Great White Way? The votes are in, and here’s what you had to say! 1. Ansel Elgort, The Fault in Our Stars—29% This one just seems like an obvious choice. The 20-year-old actor delivered a heartbreaking performance in The Fault In Our Stars this summer, having previously appeared on screen in Divergent and Carrie. But he also has the chops to take it to the stage—just like he did in Regrets off-Broadway. And after watching Elgort sing and dance, we’re more than ready for this kid to star in a musical on the Great White Way. View Commentslast_img read more