- Reuters
UPDATE 1-Russia says it may downgrade ties with US if its assets are confiscated
Russia is considering downgrading the level of its diplomatic relations with the United States if Western governments go ahead with proposals to confiscate its frozen assets, state news agency RIA quoted Deputy Foreign Minister Sergei Ryabkov as saying on Thursday. , which is now in its third year of fighting a Russian invasion.
- BGR
GEEKOM Mini IT11 is a powerful PC that’s shorter than an iPhone – get it for $399 on sale
This is a sponsored article. All content and opinions expressed within are of the author. BGR has covered several impressive GEEKOM deals over the past … The post GEEKOM Mini IT11 is a powerful PC that’s shorter than an iPhone – get it for $399 on sale appeared first on BGR.
- Reuters
Private equity owner of Sauer Brands explores sale of condiments maker, sources say
The private equity owner of Sauer Brands is exploring a sale of the 137-year-old maker of condiments and spices that could value it at more than $1 billion, including debt, according to people familiar with the matter. Richmond, Virginia-based Sauer, which was founded in 1887 and is known for its Duke's Mayonnaise brand, is working with investment banks Morgan Stanley and William Blair to gauge interest from potential buyers, the sources said, requesting anonymity as the discussions are confidential. Charlotte-based private equity firm Falfurrias Capital Partners is expecting to command a valuation for Sauer equivalent to more than 10 times the company's 12-month earnings before interest, taxes, depreciation and amortization (EBITDA) of over $120 million, the sources said.
