GasLog announces take private transaction with BlackRock’s Global Energy & Power Infrastructure team

first_imgUnder the Merger Agreement, GEPIF will acquire all of the outstanding common shares of GasLog that are not held by certain existing shareholders of GasLog GasLog announces take private transaction with BlackRock’s Global Energy & Power Infrastructure Team. (Credit: Adam Radosavljevic from Pixabay) GasLog Ltd. (“GasLog”) (NYSE: GLOG) today announced that  it has entered into an agreement and plan of merger (the “Merger Agreement”) with BlackRock’s Global Energy & Power Infrastructure team (collectively, “GEPIF”), which is focused on essential, long-term infrastructure investments in the energy and power sector.Under the Merger Agreement, GEPIF will acquire all of the outstanding common shares of GasLog that are not held by certain existing shareholders of GasLog, including Blenheim Holdings Ltd., which is wholly owned by the Livanos family, and a wholly owned affiliate of the Onassis Foundation (collectively, the “Rolling Shareholders”), in exchange for $5.80 in cash per common share (the “Transaction”). The $5.80 per share acquisition price represents a 17% premium to the closing price of GasLog’s common shares on February 19, 2021 and a 22% premium to the volume weighted average share price of GasLog’s common shares over the last 30 days.Immediately following the completion of the Transaction, the Rolling Shareholders will continue to hold approximately 55% of the outstanding common shares of GasLog and GEPIF will hold approximately 45%. Promptly after completion of the Transaction, the common shares of GasLog will be delisted from the New York Stock Exchange.A special committee (the “Special Committee”) of the Board of Directors of GasLog (the “Board”), comprised solely of independent and disinterested directors and advised by its own independent legal and financial advisors, unanimously recommended that the Board approve the Merger Agreement and determined that the Transaction was in the best interests of GasLog and its public shareholders. Acting upon the recommendation of the Special Committee, the members of the Board unanimously approved the Merger Agreement and the Transaction and recommended non-Rolling Shareholders vote in favor of the Transaction.“This transaction is a transformative next step for GasLog, offering shareholders an immediate and considerable premium for their shares and allowing for access to growth capital currently absent in the public equity markets,” said Peter G. Livanos, Chairman of GasLog. “I am delighted to be partnering with BlackRock’s GEPIF team, an ideal complement to our management team, given our shared values of safety, sustainability and operational excellence. BlackRock’s GEPIF team has a track record of success in supporting energy infrastructure businesses such as ours. I am confident that our employees offshore and on shore, customers and lending relationships will enjoy the many and substantial benefits of this partnership.”“We are excited to partner with GasLog’s world-class management team to facilitate the company’s strong capabilities in meeting the  growing global demand for LNG, particularly in Asia, through its fleet of modern, efficient vessels,” said Mark Florian, Head of BlackRock’s Global Energy & Power Infrastructure team. “As the global shift to more environmentally-friendly energy sources such as natural gas and renewables from coal and other fuels continues, we are pleased to invest in an infrastructure business supported by long-term contracts with leading energy companies and that supports the global energy transition.”The Transaction is expected to close in the second quarter of 2021, subject to approval of the Transaction by GasLog shareholders at a special meeting, including by a majority of the shares held by the non-Rolling Shareholders present at the shareholders meeting that will be held in connection with the Transaction, and the satisfaction or waiver of certain customary closing conditions.GasLog’s preference shares as well as the common and preference units of GasLog Partners LP are expected to remain outstanding and continue to trade on the New York Stock Exchange immediately following the completion of the Transaction.Evercore is acting as financial advisor to the Special Committee and Cravath, Swaine & Moore LLP and Appleby (Bermuda) Limited are acting as legal counsel to the Special Committee. Credit Suisse Securities (USA) LLC is acting as financial advisor to GasLog. Linklaters LLP is acting as legal counsel to Blenheim Holdings Ltd. Source: Company Press Releaselast_img read more

Pediatric Neuropsychologist –  196

first_imgWest Virginia University Rockefeller Neuroscience Institute andthe Department of Behavioral Medicine and Psychiatry in theWVU School of Medicine seek Pediatric Neuropsychologistsqualified for appointment at the Assistant Professor, AssociateProfessor, or Professor rank. The successful candidates willpractice in Morgantown, WV.Clinical responsibilities focus on neuropsychological evaluationsof a rich variety of neurological, neurosurgical, medical andpsychiatric pediatric populations. This is a clinical position withstrong teaching and supervision expectations within our well-known,training-focused APA-accredited clinical neuropsychology internshipand our APPCN postdoctoral fellowship in clinical neuropsychology.Additional teaching opportunities exist with medical students andresidents within the department and broader Health Sciences Centeron topics relevant to psychology/neuropsychology. Researchinvolvement is expected. Opportunities for imaging research mayexist; the Center for Advanced Imaging at WVU includes a Siemens3.0 Tesla magnet.Applicants must have completed an APA/CPA accredited clinicalpsychology graduate program, with an APA/CPA accredited internshipwith a neuropsychology focus, and a 2-year postdoctoral fellowshipin clinical neuropsychology. Applicants must be eligible to sit forABPP in clinical neuropsychology. A focus on pediatric clinicalneuropsychology is necessary. Immediate eligibility forlicensure in West Virginia is required. For appointment at theAssociate Professor or Professor rank, Board Certification (ABPP)as well as a demonstrated track-record of leadership, clinical andteaching excellence and scholarly activity are required. Allqualifications must be met by the time of appointment.WVU Medicine Children’s is a regional referral center forpediatric subspecialties and provides faculty direct access tohighly advanced technology and comprehensive ancillary pediatricservices. The new 150 bed Children’s Hospital and Women’s Pavilionwill have a full suite of pediatric operating rooms, cardiaccatheterization lab/interventional radiology, epilepsy monitoringunits, and GI-endoscopy with dedicated pediatric anesthesia staff.The hospital will include 34 pediatric beds, 54 NICU beds, 31 PICUbeds, Heart Institute, and a dedicated cancer center. WVU is aLevel 2 Pediatric Trauma Center, with plans to become Level 1, asit is for adults currently. The Women’s Pavilion will house a30-bed obstetrical unit and maternal-fetal medicine clinic.The WestVirginia University Rockefeller Neuroscience Institute ,led by Dr. Ali Rezai, is expanding to include the clinical,research, and academic missions of Neurosurgery , Neurology , and Behavioral Medicine and Psychiatry , among others. TheInstitute will spearhead efforts to develop innovative solutionsfor West Virginians and those across the world with neurologicaland psychiatric conditions ranging from Alzheimer’s to Parkinson’s;autism to stroke; and paralysis to chronic pain, addictions, andtraumatic brain injury.Within the Department of Behavioral Medicine and Psychiatry,there is a strong collaborative focus on clinical service,teaching, and scholarship among psychologists, psychiatrists, andsocial workers. The Department of Behavioral Medicine andPsychiatry is dedicated to the principles of equity, diversity, andinclusion in fostering a multicultural pluralistic environment. Weare committed to promoting diversity of race, gender, genderidentity or expression, age, sexual orientation, religion,ethnicity, national origin, disability status, and veteran statusat all levels within our Department. All qualified applicants areencouraged to apply and will receive consideration for employment.For more information on our diversity initiatives at WVU, visit Medicine is West Virginia University’s affiliated healthsystem, West Virginia’s largest private employer, and a nationalleader in patient safety and quality. The WVU Health System iscomprised of eleven member hospitals and five hospitals undermanagement agreements, anchored by its flagship hospital, J.W RubyMemorial Hospital in Morgantown, a 700+ bed academic medical centerthat offers tertiary and quaternary care. WVU Medicine has morethan 1,000 active medical staff members and 18,000 employees whoserve hundreds of thousands of people each year from across thestate of West Virginia and the nation.Morgantown is consistently rated as one of the best smallmetropolitan areas in the country for both lifestyle and businessclimate. The area offers the cultural diversity and amenities of alarge city in a safe, family-friendly environment. There is also anexcellent school system and an abundance of beautiful homes andrecreational activities.Build your legacy as you serve, teach, learn and make a differencefrom day one. To learn more, visit apply online at .For additional information, please contact Pam Furbee, SeniorPhysician Recruiter, at [email protected] Virginia University & University Health Associates are anAA/EO employer – Minority/Female/Disability/Veteran – and WVU isthe recipient of an NSF ADVANCE award for gender equity.Notes To Applicants Equal Opportunity Employer/Protected Veterans/Individuals withDisabilities.Please view Equal Employment Opportunity Posters provided byOFCCP here .The contractor will not discharge or in any other mannerdiscriminate against employees or applicants because they haveinquired about, discussed, or disclosed their own pay or the pay ofanother employee or applicant. However, employees who have accessto the compensation information of other employees or applicants asa part of their essential job functions cannot disclose the pay ofother employees or applicants to individuals who do not otherwisehave access to compensation information, unless the disclosure is(a) in response to a formal complaint or charge, (b) in furtheranceof an investigation, proceeding, hearing, or action, including aninvestigation conducted by the employer, or (c) consistent with thecontractor’s legal duty to furnish information. 41 CFR60-1.35(c)last_img read more

ABA Withdrawing Approval For Indiana Tech Law School

first_imgIL for Roughly four months after Indiana Tech closed its law school, the American Bar Association is poised to withdraw provisional accreditation of the legal education program.The ABA’s Section of Legal Education and Admissions to the Bar posted a memorandum Oct. 15, indicating it had notified the Fort Wayne institution in August that the law school would be losing its provisional accreditation. The section had granted approval in March 2016.In its August letter to Indiana Tech’s new president, Karl Einolf, the ABA acknowledged its action followed the school’s decision to voluntary scrap its J.D. program. Still, the school was given 60 days to comment on the notice of withdrawal.Carson Boxberger LLP, which is representing Indiana Tech, responded Oct. 13. The law firm stated Indiana Tech declined to make any comments regarding to the ABA’s decision.Indiana Tech Law School closed June 30, 2017. Former president Art Snyder announced in October 2016 the board of trustees had decided to pull the plug on the then-three-year-old program after incurring a $20 million loss. The second and final class graduated in May 2017. FacebookTwitterCopy LinkEmailSharelast_img read more

Craft bakers welcome unwrapped bread ruling

first_imgThe Government’s decision to scrap the regulation that prescribes the size of unwrapped loaves has been welcomed by craft bakers across the country.The current regulations only allow the sale of unwrapped loaves weighing more than 300g to be made up in quantities of 400g or multiples of it. However, the Department for Business, Innovation and Skills (BIS), has announced plans to update the rules in order to introduce greater flexibility for bakers. It said fixed sizes for unwrapped bread would be scrapped, so bakers would be free to innovate.In April 2009 an EC directive came into force, which saw the regulation that limited the size of packaged loaves scrapped.Mike Holling, chairman of the National Association of Master Bakers and retail and sales manager of Birds of Derby, said he was very pleased to hear the decision. “This issue has been raised many times by the NAMB on behalf of its members. At last it gives us a level playing field to work from and I am confident many craft bakers will use this change in the regulations to develop new products for their customers.”Baker Anthony Kindred, of Kindred Bakery, said he was in two minds about the relaxation of the regulations, which he said may cause some confusion for customers as the bread would need to be priced per 100g/kilo. “We have to checkweigh our bread at the moment, to prove we’re abiding by the law, so that would go if the law changed,” he said.However, he welcomed the increased flexibility that the new ruling would give bakers, and said his customers have been discussing it as if the law had been scrapped already. “We have been watching what the big brands have been doing [since the regulations for the size of packaged loaves were scrapped],” he explained, but he added that there hadn’t been much in the way of innovation.A Statutory Instrument introducing these changes will be laid before Parliament during the coming session.last_img read more

Neuman elected to Human Rights Committee

first_imgGerald Neuman ’80, the J. Sinclair Armstrong Professor of International, Foreign, and Comparative Law at Harvard Law School (HLS), has been elected to the Human Rights Committee, the premier treaty body in the U.N. human rights system. The committee monitors compliance by 166 states parties with their obligations under the International Covenant on Civil and Political Rights, which is part of the International Bill of Rights.The committee is composed of 18 independent members from 18 different countries with recognized expertise in the field of human rights. Members are elected to four-year terms by states parties.“After years of study of the global and regional human rights regimes, I am grateful for the opportunity to help increase the persuasiveness and effectiveness of the Human Rights Committee’s work,” said Neuman.Said HLS Dean Martha Minow: “Gerry Neuman has not only deep expertise in international human rights law but also superb judgment, an impeccable sense of fairness, and remarkable powers of analysis. He will bring these qualities to the critically important responsibility of implementing the International Covenant on Civil and Political Rights — protecting the rights of individuals and also advancing into practice the vision of human rights that member nations endorsed on paper. This is a terrific appointment for the Human Rights Committee — and a very proud moment for Harvard Law School.”To read the full announcement, visit the HLS website.last_img read more

Holiday Exercise

first_imgThe holiday season can be a challenging time for those who are trying to live a healthier lifestyle.From office parties to classic family get-togethers, it seems every event brings an endless array of delicious home-cooked dishes. It’s easy to see why so many Americans relinquish their commitments to eat smarter around the holidays. One of the best ways to fight off holiday meal regret is by exercising on a regular basis, said Alison Berg, University of Georgia Cooperative Extension nutrition and health specialist.“It’s much harder to lose weight than it is to prevent weight gain,” she said.Making time for physical activity is often easier said than done. With lower temperatures and decreased daylight hours, the temptation to skip out on a good daily exercise session is tougher than ever.Try avoiding the regret later by applying these recommended tips from UGA Extension today:Work smarter, not harder. Don’t wait until the new year to set new goals for living healthier.The No. 1 obstacle to regular exercise for many people is time.“People have really hectic schedules, or they’re often going to visit family and friends, and exercise just isn’t at the top of their priority list,” Berg said.If setting aside a full hour for exercise just doesn’t sound possible for you, try finding regular points in the day and use those breaks to get in a quick 10 or 15 minutes of activity. “Just doing a little bit can really help you not have as much to get rid of at the end of the holiday season,” Berg said. “Try to get additional physical activity when you’re on the go. If you can’t make a meaningful exercise session, try to make sure you’re getting in some extra steps.”Berg suggests small measures, like taking the stairs instead of the elevator. “If you go to one of those big-box retailers or a department store to do some shopping, before you get your cart or pick up your first item, do a lap around the perimeter of the store just to get those extra steps in before you start shopping,” she said.Know your resources. For some people, getting to the gym for a daily workout can be too stressful or intimidating.For others, hefty membership fees and the time spent getting to the nearest gym make it unattainable.If that sounds like you, consider building a workout plan that can be done completely within the comfort of your home.Many people mistakenly believe that exercising at home requires the purchase of bulky, often expensive, equipment, but that’s not necessarily the case.“There are lots of apps now that can give you little 10-minute bursts of something you can do with your own body weight, or even just a quick cardiovascular workout that doesn’t require any equipment,” Berg said.Don’t go it alone. Research has shown that having someone to hold you accountable for a goal will greatly increase your chances of success.If you’re going to give at-home workouts a try, consider finding a family member or friend to hold you accountable for your progress.If that doesn’t work, try finding an online trainer through one of the many apps available to download at little to no cost. You can also use the sharing function of these apps to share your progress on social media sites or in closed social media groups specific to that app to get virtual social support.Another creative suggestion Berg offered is making better use of the holiday time you spend with people you typically don’t see.Rather than sitting around in someone’s home to talk, try going on a walk together to catch up on life.Avoid getting too “wrapped up.” If you decide to brave the weather to get in some physical activity, make sure your clothing choices don’t send you heading back home to change.Be sure that your head, hands, and feet stay extra warm and covered. Rather than donning your thickest, warmest coat, try multiple thin layers of clothing that are easier to move in or remove if you start to get too warm.Develop a healthy reward system. The greatest reward you can get from regular exercise is the benefit of living a healthier lifestyle, but if that’s not enough for you, consider adding another incentive.Whether it’s a fun holiday activity on your next day off or just an extra serving of your grandma’s sweet potato casserole, make sure you maintain a good balance in choosing your reward.There’s certainly no shortage of treats around the holiday season, but you can avoid the regret of overindulgence if you have a clear system in place to help you gauge what your hard work has earned you.Ellen Hallman is a student in the College of Family and Consumer Sciences.last_img read more

An IPA Named for the South’s Most Iconic Peak

first_imgMt. Mitchell is different than a lot of the other IPAs on the market these days, which tend to be juicy fruit bombs. It has depth and nuance, which is cool considering the brewery used just that one hop strain. My only complaint: Natty Greene’s doesn’t put this beer in a can, which means I’m probably not going to lug it with me on my next hike up Mount Mitchell. Because how great would it be to drink a beer named after the mountain that just kicked your ass, while standing on top of that mountain? So post modern.[divider]more from[/divider] Natty Greene’s, out of Greensboro, North Carolina, is one of those breweries that gets overlooked all too often. I’m as guilty as anyone. They’ve been around for a while (since 2004), so the new car smell has worn off. Plus their distribution is pretty limited. That said, every time I’ve had the chance to suck down a Natty Greene, I’ve enjoyed it. And they’re in the midst of a pretty big expansion, building a $10 million production facility that would take the brewery’s capacity to 100,000 barrels of beer a year. Right now, they’re brewing about 17,000 barrels a year. This year, Natty Greene’s is also releasing a few new beers, and Mt. Mitchell IPA is one of them. First, I can’t believe nobody’s done a Mount Mitchell beer before. Bravo, Natty Greene’s, for naming a beer after the South’s most iconic peak. This is  a single hop beer, which means the brewery only uses one hop strain, instead of the more common melting pot of hops approach. The beauty of a single hopped beer, is that the beer becomes a venue to showcase what that particular hop can do. In this case, Natty Greene used Eureka hops, a relatively new hop variety that’s known for its pungent aroma. I think the beer world is one of the few places where “pungent aroma” is a compliment. Eureka is all about the pine, until it’s not, then it’s all about the grapefruit. Digging into Mt. Mitchell, pine needles are heavy on the nose (imagine getting lost in a Christmas Tree farm outside of Boone) and they hit you hard on the sip, too. Then things balance out a little with some slightly sweet grapefruit before a dry finish whisks it all away. Overall, it tastes really fresh (back to that Christmas tree farm again), and has a great balance thanks to the malt bill, which provides a bready, almost cracker-like note. Eureka was originally called “Experimental Pine Fruit.” That’s a pretty apt description. Emphasis on the pine.last_img read more

US. And Interim Venezuelan Government Sign Cooperation Agreement For Reconstruction Of Venezuela

first_imgBy Sofía Pisani / Voice of America November 12, 2019 The United States Agency for International Development (USAID) and the Venezuelan interim government signed a joint cooperation agreement for $214 million to be used in several stages to rebuild democracy in Venezuela.The agreement was signed at USAID headquarters in Washington, D.C., in the presence of Carlos Vecchio, Juan Guaidó’s ambassador to the United States, who said that the agreement meant the beginning of a new era for U.S.-Venezuelan relations. The agreement, he added, would help achieve political change in his country.“This is a historical agreement for us, because we are signing an international cooperation agreement between the U.S. government of President Trump and the [Venezuelan] interim government, enabling us to strengthen Venezuelan society, fight for human rights, reinforce our foreign relations to increase international pressure, and work on the country’s reconstruction process,” Vecchio told Voice of America.Vecchio added that USAID and the Venezuelan diplomatic delegation in the U.S. would manage the money, abiding by all the parameters of transparency.According to USAID Administrator Mark Green, $98 million will be used to address the internal situation of the South American country, specifically in terms of human rights, freedom of the press, and development. Another $116 million will be delivered to the United Nations to be distributed to independent non-profit organizations in Venezuela and provide humanitarian assistance throughout the country.last_img read more

East Patchogue Stabbing Suspect’s Photo Released

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Have you seen this suspect?Suffolk County police are asking for the public’s help in finding the suspect who beat and stabbed a man outside a food store in East Patchogue last month.The assailant walked up to the victim in front of Plaza La Familia on East Main Street, where the suspect punched and kicked the victim and then stabbed him with an unknown object at 9 p.m. Oct. 23, according to Fifth Squad detectives.The suspect is described as heavy set Hispanic man with a tattoo of barbed wire on his right bicep and black hair that is short on both sides. He was wearing a white T-shirt and a white baseball cap at the time.Police also released surveillance camera images of the suspect to help the public identify him.Crime Stoppers offers a cash reward of up to $5,000 for information that leads to an arrest.Anyone with information about this crime is asked to call anonymously to Crime Stoppers at 1-800-220-TIPS. All calls will be kept confidential.last_img read more

Tips on how to design a quality website for a hotel

first_imgWhile it seems like an exciting creative process, launching a new website for a hotel can be a daunting task. The end result must include a good balance of images and visuals, a well-designed e-commerce system and the latest technologies. Headlines that attract attention not only convey important information, but also set the tone of a website’s communication. What is the personality of your brand? Classic, fun or serious? Find the perfect font style that will suit the personality of the accommodation. Below we will present a useful guide for the design of the hotel website compiled by the portal eHotelier. 1. Tell a story Visitors often only glance at the website, but striking headlines and statements can engage them or keep them longer and lead them to other content. Let future guests feel like they are on your property. Impressive videos and quality photos create the experience. Investing in content will definitely pay off. 4. Micro-interactions The website must act as an effective booking tool, and it serves not only to compete with the competition, but also with online travel agencies. The most successful travel websites present a destination within an interesting story. Whether it is an urban oasis or an island paradise, the personality of the accommodation comes to the fore. To stay true to the values ​​of your brand, opt for an interesting website design that serves as an authentic display of your accommodation. Vertical navigation can easily present multiple choices making it ideal for accommodation offers and for sites with special offers. This design gives an instant view of all available options and concisely displays all content. Welcoming and delighting visitors, micro-interactions also provide instant feedback, thus creating user engagement. Note that a website on mobile devices does not have to be an exact copy of the design viewed from a computer. For faster loading or better adaptation to smaller screens, some features may be omitted or modified. Best design practices show us that the booking panel must always be visible. Notification of the benefits of direct bookings and messages such as “guaranteed best price” or “free Wi-Fi” attract customers. In addition to the booking panel on the home page, direct booking benefits must be visible in all key areas. The offer of accommodation and pages with special benefits are usually the most viewed sections on any website – the use of direct “call-to-action” messages on them is crucial. Given that the use of mobile phones is slowly overtaking browsing from a computer, putting the mobile experience first becomes absolutely necessary. Flexible web page formats detect the screen size of the device through which visitors view it, whether it is a mobile phone, laptop or tablet, and change the look of the web page accordingly. 3. Experience on mobile devices Unusual positions, multiple layers, accent colors, or illustrations are just some of the many techniques that can be used to create a unique visual display.center_img 5. Striking headlines Going beyond traditional design rules can give a website a distinctive look. If you represent a youthful and vibrant brand, consider introducing concepts beyond the standard framework. Mega menus expand to panels along the page allowing them to take you to numerous links within the main website. They are ideal for accommodations with a wider range such as wellness, swimming pools, wedding halls and the like. Source / photo: eHotelier; Song Saa Faced with stiff competition and higher commissions, hotels are on a mission to refine their direct booking strategies. The most powerful tool in their arsenal is a cleverly designed website with clear navigation and a flawless booking process. With technological evolution, designers today have much more freedom to choose an unusual font without compromising readability on smaller screens. The asymmetrical look makes the website more dynamic and exciting. Visitors will be animated and intrigued and will stay on it longer. The navigation menu must be fixed (for example, at the top of the page) to allow users to move pages more easily no matter where they are, but also to keep the booking panel visible at all times. Fixed navigation encourages visitors to stay longer on the website, thus increasing the total number of views. Interaction with the audience creates a sense of control – it transforms passive users into willing participants. These visual or audible signs make users more aware of their actions on the website, while drawing their attention to certain features. 2. Direct booking 7. Ingenious menus and navigation Micro-interactions are short reactions or responses that users notice when they perform a particular action. They can be expressed in a multitude of ways like sounds or animations. To maximize the success of bookings from mobile devices it is always best to strive for simplicity. Buttons that encourage action must always be the center of attention, menus must be short and clear, and the booking process as simple as possible. Since users on mobile devices navigate with their thumb or finger, key features need to be at their fingertips. 6. Asymmetry and incorrect layout Content that emphasizes emotions is always more interesting. Titles like “Experience True Mediterranean Tastes” fare much better than those like “Seafood Specialties.” Make the content appealing – “immerse yourself in luxury” or “experience magical moments”.last_img read more