October 9, 2020 |
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Harvard Business School – long critiqued for its lack of minority representation – launched an action plan for racial equity on Sept. 23, as universities across the country engage in an ongoing national reckoning with racism.
“The horrifying murder of George Floyd, and an all too long history of similar injustices, has spurred our collective awakening to the grave and continuing systemic racism in the United States that creates unacceptable, even dire inequities for our Black community members,” wrote Harvard Business School Dean Dr. Nitin Nohria in a statement. “This moment has made urgently clear that the School must redouble its commitment to combat racism—and anti-Black racism in particular—to create meaningful and enduring change that will enable every member of our community to thrive.”
In July, a taskforce of 25 staff, alumni and students came together to create a seven-layered plan. In it, the school
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Link Administration Holdings Ltd, an Australia-based provider of services in superannuation administration industry, said it has received a conditional A$2.76 billion proposal from a consortium comprising Pacific Equity Partners, Carlyle Group to acquire 100% of the stake, sending its shares up 27% to A$5.1 on Monday.
The non-binding offer of A$5.20 a share is at a 30.3% premium to the shareholder registry firmâs last closing price and has the support of Perpetual Ltd, which owns 9.7% of the company, Reuters reported.
The Link Group Board will consider the Proposal, including obtaining advice from its financial and legal advisers. Shareholders do not need to take any action in relation to the Proposal. It should be noted that there is no certainty that the discussions with the Consortium will result in any transaction, the company said.
Link Group has appointed Macquarie Capital and UBS as its financial advisers and Herbert Smith Freehills
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“Resiliency funds” are helping Black-owned business stay afloat during the coronavirus pandemic, continuing a long tradition of mutual aid within African American communities with limited access to capital, networks and government programs. (Sept. 28)
A coalition of executives in business, civic life, sports, health care and utilities joined Mayor Joe Hogsett on Thursday in pledging to take measurable actions to make Indianapolis and neighboring communities racially equitable.
In taking the Indy Racial Equity Pledge, the executives outlined a host of initiatives their companies would undertake to address racial disparities, such as hiring and retaining Black workers, increasing spending with Black-owned businesses and vendors, and investing philanthropic dollars in Black-led organizations.
“At Cummins, we will continue to demand racial justice and to drive the change in our communities so that all people may advance and achieve,” said Sharon Barner, vice president, general counsel and corporate secretary for Cummins.
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INDIANAPOLIS– In a public commitment that local leaders hope will be a game changer to Indianapolis’ national reputation and for its Black residents, several corporations announced today their participation in the Indy Racial Equity Pledge.
“We pledge to take meaningful action to address the issues of racial equity and justice in Central Indiana. As leaders in this community, we must hold one another accountable for creating short- and long-term change for African Americans. We pledge to share our progress toward the goal of a racially equitable community,” reads the commitment on the Pledge website.
Eli Lilly & Company, Anthem, Inc., IU Health and Pacers Sports & Entertainment are just a few of the central Indiana corporate leaders committed to the Pledge.
“Their commitment to drive change is, I think, transformative, and has the potential to move Indianapolis into being one of the leaders, if not the leader, of major American
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IRVINE, Calif., Oct. 8, 2020 /PRNewswire/ — Hyperice, the industry leader in recovery technology and pioneer of percussion, vibration, dynamic air compression and thermal technology, has closed a new investment round that will fuel new growth including, increasing AI capabilities, strategic growth initiatives such as global expansion, and building on their connected fitness technology, HyperSmart™. This strategic capital will help the company meet the exploding consumer and enterprise demand for its products and position it for the future offering personalized information for all users, cementing and expanding Hyperice’s category leadership.
As part of this financing, Hyperice brings in a group of the most influential and highest performing athletes in sports. The athlete investors include: Seth Curry, Anthony Davis, Rickie Fowler, DeAndre Jordan, Jarvis Landry, Patrick Mahomes, Christian McCaffrey, Ja Morant, Naomi Osaka, Chris Paul, Doc Rivers, Ben Simmons, Kelly Slater, Fernando Tatís Jr, J.J. Watt, Russell Westbrook, and Trae