Wheels Up eyes NYSE with enterprise value of $2.1 billion | NZ NEWS Updates

Wheels Up, the New York-headquartered private aviation firm, has been eyeing to list on the New York Stock Exchange (NYSE) with the company notching an enterprise value of $2.1 billion after its merger with Aspirational Consumer Lifestyle Corp, a special purpose acquisition company (SPAC).

• Wheels Up has been eyeing to list on the New York Stock Exchange with the company notching an enterprise value of $2.1 billion.

• Following the completion of an agreement with Aspirations Consumer Lifestyle Corp, Wheels Up is likely to have a cash up to $750 million on the balance sheet. NZ government decides to remove hazardous material from Mataura warehouse

•. In a significant move and after prolonged discussions, the NZ Government has decided that tonnes of hazardous material lying in Mataura warehouse be moved to Tiwai at the New Zealand Aluminium Smelters Limited (NZAS) site.

• After prolonged discussions, a deal has been reached between NZAS and Environment Defence society on the hazardous material lying in Mataura warehouse.

• The deal will enable quick removal of aluminum dross to Tiwai and will be kept in containers.

• The residents are relieved as the hazardous material was a threat to their health and surroundings. Vista Group (NZX:VGL) hopeful toward businesses’ recovery in 2021

•. The pandemic that hit us blindsided in the year 2020, took away so many simple things in life.

• Cinema, worldwide saw a horrific downfall in the year 2020, owing to the pandemic related shutdown and restrictions.

• Vista Group believes that 2021 will see recovery after the vaccine is rolled out and lifting of restrictions.

• At present, several countries have opened cinema halls, to make an economic recovery.

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