Sunday, October 10, 2021

Week in Review 40/21

 


Welcome and thanks for reading!

In this review, I will make a summary of important and interesting news and events over the last week related to my portfolio holdings. Also, I will put together some interesting articles from other websites that caught my attention during the past week.

 

 

Received Dividends:

 

 

October 4, 2021

 

  • € 9.48 – Kimberly-Clark Corporation (KMB)
  • € 40.40 – The Coca-Cola Company (KO)
  • € 61.20 – TELUS Corporation (TSE:T)

 

October 8, 2021

 

  • € 49.78 – Tele2 AB (TEL2)

 

 

Dividend income is reported after the deduction of taxes. Check more at my Monthly Dividend sheet.

 

 

Portfolio Holdings News:

 

 

October 4, 2021

 

  • Neste Corporation (NESTE) to sell its base oils business to Chevron; NESTE has signed an agreement to sell its existing base oils business to Chevron Corporation. The agreement covers a combination of share and asset deals forming Neste's entire global base oils business. As part of the divestment, the parties have also agreed on a long-term offtake for Neste’s base oils supply from Porvoo, Finland. With the same date, Neste has signed an agreement to exit its base oils joint venture with Bahrain Petroleum Company and Nogaholding.

 

 

 

  • Magna International Inc. (MGA) Announces Termination of Merger Agreement With Veoneer; MGA announced that the board of directors of Veoneer, Inc. has determined that the previously announced proposal by Qualcomm Incorporated to acquire Veoneer for $37 per share is a superior proposal under the terms of the previously announced merger agreement between Magna and Veoneer, and that Magna has waived the four-day matching period to make a counterproposal. Accordingly, Veoneer has terminated its merger agreement with Magna and entered into a merger agreement with Qualcomm.

 

October 5, 2021

 

  • Dominion Energy, Inc. (D) Announces Agreement to Sell Questar Pipelines; D announced execution of a definitive agreement to sell Questar Pipelines to Southwest Gas Holdings Inc. (NYSE: SWX), in a transaction valued at $1.975 billion, including the assumption of $430 million of existing indebtedness. The transaction is expected to close in the fourth quarter of 2021, subject to regulatory approvals.

 

  • PepsiCo, Inc. (PEP) Reports Third-Quarter 2021 Results; PEP reports Non-GAAP EPS of $1.79, beating analyst estimates by $0.6 and increasing 5.5% year-over-year.  Revenue of $20.19 billion beats analyst estimates by $800 million and increases 11.6% versus the same quarter last year.

 

October 7, 2021

 

 

 

Articles that caught my attention:

 

 

 

 

 

Thanks for stopping by, have a nice next week!

 

No comments:

Post a Comment