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LONDON, June 6, 2021 /PRNewswire/ — During a government programme, Prime Minister Roosevelt Skerrit of the Commonwealth of Dominica provided viewers with an update on the anticipated international airport. The government has now officially signed an agreement with Montreal Management Company to construct the airport funded entirely by the country’s Citizenship by Investment (CBI) Programme. Project manager Collin McIntyre joined the Prime Minister to discuss the importance of using CBI funds instead of taking out loans that would burden taxpayers and generate additional debt. Prime Minister Skerrit also reviewed how the funds are used, detailing the government’s transparency. This includes a budget for the airport’s construction with the government appropriating CBI allocations to meet the budgeted amount. Prime Minister Skerrit also noted how vital the programme was to the public sector as a whole: “We thank God for the CBI and the many opportunities the programme has brought to our country. […] The CBI funds are used for public sector investment projects [like] roads, bridges, schools, housing, health centres, hospitals and paying down on our most expensive debts. We really have not been using the CBI funds for recurrent expenditure except after Hurricane Maria.” As of late, funds from the programme have contributed to constructing a state-of-the-art hospital, an expansive housing project, and 12 health centres on the island. The programme’s transparency has been corroborated by independent bodies, including Pricewaterhouse Coopers, which did an audit of the programme and its expenditure analysis in a 2019 report.  With nearly three decades of experience within the investment migration realm, Dominica’s CBI Programme is consistently ranked as the world’s best by the annual CBI Index. The programme enables wealthy individuals and additional dependants to become citizens of the country by investing in a government fund or purchasing pre-approved real estate. Applicants are then subjected to rigorous due diligence checks to ensure only those of upstanding character become citizens. Only once passing these checks do applicants receive a receipt of citizenship and apply for their second passport. Citizens and expats from or residing in the Middle East, particularly in the United Arab Emirates, have flocked to Dominica for decades under its economic citizenship programme due to its affordability, longevity and its family structure that enables applicants to add a wide list of dependants to an application.

Being a Dominican citizen comes with a wealth of opportunities like increased global mobility to over 140 countries and territories, alternative business prospects in a stable democracy and significantly, the ability to pass citizenship down for generations to come. Contact: +447867942505, pr@csglobalpartners.com, www.csglobalpartners.com

SLOUGH, England, June 6, 2021 /PRNewswire/ — Reckitt Benckiser Group plc (“Reckitt”) announces that it has entered into a definitive agreement to sell its Infant Formula and Child Nutrition business in China1 (“IFCN China”) to Primavera Capital Group (“Primavera”) for an implied enterprise value of US$2.2 billion.  Reckitt will retain a shareholding in IFCN China of 8%2 and anticipates net cash proceeds to be approximately US$1.3 billion3.The transaction follows a comprehensive strategic review of IFCN China announced in February 2021.  The transaction is structured as a sale of the entirety of IFCN China, including the manufacturing plants in Nijmegen, the Netherlands and Guangzhou, China. It includes a royalty-free perpetual and exclusive license of the Mead Johnson and Enfa family of brands4 in China.  Following completion of the transaction, Reckitt will continue to own the Mead Johnson and Enfa family of brands globally and will operate those brands in the rest of the world.  The transaction is subject to consultation with Reckitt’s works council in the Netherlands, which Reckitt will now initiate. Reckitt will also engage with its other relevant employee unions in relation to the transaction. Subject to the Netherlands works council consultation and the satisfaction of customary closing conditions, completion is expected in the second half of 2021. Reckitt expects to incur cash tax costs of around £300 million and transaction and other costs of around £200 million. The net proceeds will be used to reduce net debt and would have lowered the December 2020 net debt / adjusted EBITDA ratio by around 0.2x to 2.2x.As at December 2020, IFCN net assets totalled £8.8 billion on a global basis.  Following the definitive agreement to sell IFCN China, Reckitt’s IFCN net assets have been separated geographically for accounting purposes; with £3.4 billion allocated to China and £5.4 billion allocated to North America and the rest of the world. As a result of the sale, Reckitt expects to incur a net loss of around £2.5 billion principally relating to the re-measurement of goodwill and intangible assets for IFCN China.

Commenting on the sale, Reckitt CEO Laxman Narasimhan said: “Today’s announcement marks another step in our strategy to rejuvenate growth and create long term value. As part of this journey, we are actively, and decisively, managing our portfolio.  “After a thorough review of IFCN China, we have found an excellent home for the business under the ownership of Primavera. As a result of this transaction, our Nutrition business going forward will have a better and more consistent growth and margin profile. We are market leaders in infant nutrition in North America, ASEAN and Latin America, and we have a strong Vitamins, Minerals and Supplements portfolio which includes an exciting Adult Nutrition business. This, combined with our focus on execution, brand building and productivity, our investment in R&D and innovation, and our expertise in eCommerce, gives us a solid foundation from which to grow. “We remain committed to China with our Hygiene, Health and VMS portfolios. We are excited about the opportunities to grow our brands and expand our business in the future. China is Durex’s largest market and growing strongly and it is an important market for Dettol, Finish and our VMS brands with significant potential for future expansion.  “Our portfolio is increasingly well-positioned to benefit from attractive fundamentals which, combined with our increased focus on operational execution, gives us confidence that we are taking the right steps to meet our medium-term targets.”

Primavera Founder and Chairman Dr. Fred Hu said: “We look forward to a strong collaboration with Reckitt, to continue to build on the heritage and strength of the Mead Johnson brand. We have considerable experience investing and growing and expanding global brands in China. We are excited to support the business in its next phase of growth, leveraging our resources and local leadership.”NOTES TO EDITORS:About IFCN China: As part of Reckitt’s Nutrition business, IFCN China is driven by its purpose to protect, heal and nurture, from the first 1,000 days of life and continuing lifelong.  IFCN China is committed to providing the best nutrition through science-based research and product innovation, leveraging Reckitt’s global resources and expertise.

IFCN China operates in mainland China, Hong Kong and Taiwan and is behind some of the most recognised and trusted brands in the infant formula market in China, including Mead Johnson Nutrition, Enfamil, Enfagrow, Enfa Gentlease, Enfaschool, MultiGrow, NutriPower, Enfinitas Mama, Enfa Mama, and Enfinitas. Headquartered in Guangzhou, China, IFCN China comprises of a dedicated team of c.3,000 colleagues including those in the manufacturing plants and R&D facilities in Nijmegen and Guangzhou.  Enda Ryan was appointed SVP Greater China, Infant Formula and Child Nutrition in 2017.For the financial year ended 31 December 2020, IFCN China had net revenue of £861 million, operating profit was £85 million and gross assets were £5.4 billion.About Reckitt: Reckitt* exists to protect, heal and nurture in the relentless pursuit of a cleaner, healthier world. We believe that access to the highest-quality hygiene, wellness and nourishment is a right, not a privilege.

Reckitt is the company behind some of the world’s most recognisable and trusted consumer brands in hygiene, health and nutrition, including Air Wick, Calgon, Cillit Bang, Clearasil, Dettol, Durex, Enfamil, Finish, Gaviscon, Harpic, Lysol, Mortein, Mucinex, Nurofen, Nutramigen, Strepsils, Vanish, Veet, Woolite and more.Every day, more than 20 million Reckitt products are bought globally.  We always put consumers and people first, seek out new opportunities, strive for excellence in all that we do and build shared success with all our partners. We aim to do the right thing, always.We are a diverse global team of more than 43,000 colleagues.  We draw on our collective energy to meet our ambitions of purpose-led brands, a healthier planet and a fairer society.  Find out more, or get in touch with us at www.reckitt.com* Reckitt is the trading name of the Reckitt Benckiser group of companiesAbout Primavera:

Primavera Capital Group is a premier China-based global investment firm.  The firm focuses on consumer and retail, technology, healthcare, and financial services.Its portfolio includes investments in industry leaders such as Alibaba, Ant Group, ByteDance, DiDi, Junlebao, Kuaishou, Laobaixing, Xpeng, Yum China, among others.Further information: Goldman Sachs International and Morgan Stanley & Co. International plc acted as financial advisors to Reckitt on the transaction.This announcement (including any information referred to in this announcement) contains statements which are, or may be deemed to be, “forward-looking statements”.  Forward-looking statements are prospective in nature and are not based on historical facts, but rather on current expectations and projections of Reckitt about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements.  Reckitt cannot give assurance that such expectations will prove to be correct.  You are cautioned not to place any reliance on these forward-looking statements.  Other than in accordance with its legal or regulatory obligations, Reckitt expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Reckitt Benckiser Group plc’s LEI code is 5493003JFSMOJG48V1081 Mainland China, Taiwan and Hong Kong2 Through the receipt of an 8% shareholding in a vehicle in the purchaser’s acquisition structure as partial consideration3 Subject to customary closing adjustments4 Including Enfinitas, Enfamil and Enfagrow SOURCE Reckitt

PHILIPSBURG, St. Maarten, June 5, 2021 /PRNewswire/ — With celebration and fanfare, Celebrity Cruises’ much-anticipated return to cruising became a reality today, as the new-luxury Celebrity Millennium set sail from the picturesque Caribbean port of Philipsburg, St. Maarten. Both a first for the industry in North America and the first of Celebrity’s fleet to return to sailing, Celebrity Millennium embarks on a seven-night itinerary visiting the treasured islands of Aruba, Barbados and Curacao, thrilling guests who have waited 15 months to experience the wonders of the world by sea.The sailing also represents the first time Celebrity Cruises has homeported in St. Maarten, one of the most beautiful and vibrant Caribbean islands, where the cruise line now begins sailing Eastern and Western Caribbean itineraries through August. “Today, we sail, again! This is such a significant moment for our company, our industry and the Caribbean. That this day has finally arrived for our guests and our crew is truly special – beyond words, really,” said Lisa Lutoff-Perlo, President and CEO of Celebrity Cruises. “I am so happy to have our crew back onboard doing what they love and providing amazing vacations and service to our guests. I also am extremely grateful to the leadership of the St. Maarten government for their vision and support to make this moment happen. What an honor to now be the first to enthusiastically say, once again – ‘Welcome Aboard!'””We couldn’t be more excited to welcome our guests back to relax and start enjoying the travel experiences they’ve been craving all this time. Once onboard, they will discover reimagined accommodation, spa and entertainment offerings, along with considered and thoughtful health and safety measures,” said Celebrity Cruises Senior Vice President of Hotel Operations Brian Abel.  “The end result of all that we have implemented will make cruises one of the safest ways to explore the world, while enjoying a wonderful and uncompromised vacation experience.”

Celebrity Millennium Captain Theodoros Zakkas added, “For the past several months, I had the privilege of maintaining this beautiful ship with a small 75-person crew. Today, with a full crew who were all smiles as we welcomed our guests onboard once again, has been very emotional for me. It has been a beautiful and historic homecoming, one that everyone involved – guests and crew – will never forget.”Healthy at SeaCelebrity Millennium sails with enhanced health and safety standards that are the culmination of more than a year of diligent work with public health authorities, government agencies and its Healthy Sail Panel of scientific, medical and public health leaders. In addition to launching its phased restart with reduced capacity to allow for more natural spacing, Celebrity has leveraged technology to create new arrival, departure and muster safety drill procedures; and updated onboard and shoreside experiences to reflect new standard health and safety practices; all with the well-being of guests, crew and the communities visited by Celebrity ships at the forefront of the planning process. With the new measures, guests return to experiencing all of the distinctive touches they have come to love and expect from a Celebrity cruise: industry-leading ship design with impeccably stylish accommodations and remarkable outdoor spaces; unparalleled culinary experiences in captivating environments; impeccable hospitality elevating personal, friendly service to an art form; and a penchant for wellbeing woven into every aspect of the onboard experience.

As guests and crew work together to promote onboard health and safety, some of the new measures include:Vaccinated Sailings – Celebrity will sail in the Caribbean with a vaccinated crew and at least 95% vaccinated guests. Staggered Arrivals and Departures – Terminal arrivals and departures will be staggered by appointment, with guests having the ability to select their preferred times based on travel plans. Contactless Transactions – Celebrity’s digitally advanced mobile app* transforms the decades-old large-group-gathering Muster safety drill into a personal eMuster experience that guests can complete on their mobile device or interactive stateroom TV, avoiding large group gatherings. The app also expedites the boarding process; and allows guests to read menus and book dining reservations and shore excursions via their smartphone. Appropriate Face Coverings – During the Terminal check-in and check-out process, all guests 2 years of age and older will be required to wear an appropriate face covering. Once onboard, and unless otherwise stipulated by local governments, masks will not be required in accordance with recent CDC guidance for sailings with vaccinated crew and guests. Celebrity’s new measures may evolve in keeping with current public health standards and may vary in accordance with local guidance in the destinations visited. Guests are encouraged to regularly check the guidance on all health and safety measures across the entire Celebrity Cruises vacation experience at CelebrityCruises.com/healthy-at-sea. Cruise with ConfidenceProviding travel flexibility, Celebrity’s Cruise with Confidence policy allows guests who have booked by July 31, 2021 to cancel for any reason up to 48 hours before departure on sailings through Sept. 30, 2022 and receive a 100% credit for a future cruise. Celebrity Millennium guests are also the first to experience Celebrity’s new ‘Always IncludedSM’ approach where Wi-Fi, drinks and gratuities are always included in the cruise fare.Sailing ForwardCelebrity Cruises has announced plans to sail eight of the 14 ships in its fleet as part of its phased restart. Celebrity Millennium will soon be joined by: Celebrity Apex – sailing the Aegean beginning June 19; Celebrity Edge – sailing the Caribbean from Ft. Lauderdale, FL on June 26; Celebrity Silhouette – sailing the UK coastline as of July 3; Celebrity Flora – returning to the extraordinary Galapagos islands as of July3, followed by the award-winning Celebrity Xpedition and intimate 16-passenger Celebrity Xploration on July 24, and September 18, respectively; and sailings to Alaska from Seattle begin July 23.  For more information on all of the new sailings offered by Celebrity Cruises, visit CelebrityCruises.com/2021-2022-cruises.

About Celebrity Cruises:Celebrity Cruises’ iconic “X” is the mark of a fleet of 14 award-winning ships redefining luxury cruise travel with cool, contemporary design and accommodation; dining, spa, and entertainment experiences for modern tastes; and culturally rich and diverse destination experiences, all complemented by warm, personalized service. Celebrity has pioneered many industry firsts at sea, including the first use of solar panels on a cruise ship; the first to eliminate the use of plastic water bottles; the first American female captain of a cruise ship; the first-ever all-female bridge and officer team sailing; the first West African woman to work on the bridge of a cruise ship; and one of the first legal same-sex weddings performed at sea. Driven by wanderlust and a passion for opening the world, Celebrity journeys to all seven continents, visiting nearly 300 destinations in more than 70 countries. Celebrity Cruises is one of five cruise brands operated by global cruise company Royal Caribbean Group. (NYSE: RCL).Celebrity Cruises is applying the recommendations of the Healthy Sail Panel of public health and scientific experts to provide a safer and healthier cruise vacation on all of its sailings. Health and safety protocols, regional travel restrictions and clearance to visit ports of call, are subject to change based on ongoing evaluation, public health standards, and government requirements. U.S. cruises and guests: For more information on the latest health and travel alerts, U.S. government travel advisories, please visit https://www.celebritycruises.com/travel-alert or consult travel advisories, warnings or recommendations relating to cruise travel on applicable government websites. *App Availability subject to device limitations and features and may vary by ship, device or service provider. Message and data rates may apply. Coverage not available everywhere. Guests under 18 need their parents’ permission first. View original content to download multimedia:https://www.prnewswire.com/news-releases/celebrity-cruises-begins-caribbean-comeback-with-first-sailing-from-st-maarten-301306403.html

SOURCE Celebrity Cruises

NEW YORK, June 5, 2021 /PRNewswire/ — On Saturday, June 5, New 42, the nonprofit organization focused on making performing arts a vital part of everyone’s life from the earliest years onward, celebrated arts educators in a once-in-a-lifetime outdoor celebration on 42nd Street in Times Square. The event featured performances from Sara Bareilles, Freestyle Love Supreme Academy, Bill Irwin, Dance Theatre of Harlem, Chop & Quench featuringSahr Ngaujah, DJ Duane Harriott, Brooklyn United Marching Band, and the Saxophone Ensemble of Celia Cruz Bronx High School of Music.The event honored the New York City Department of Education, Office of Arts and Special Projects, with Chancellor Meisha Porter accepting on their behalf, and Jody Gottfried Arnhold, a teacher in New York City public schools for 25 years and one of the greatest supporters of dance and arts education in New York City, as well as arts educators everywhere. Presenters included Brian Stokes Mitchell, DeAngelo Blanchard and Misty Copeland.”Now more than ever, it’s incredibly important to us to celebrate the arts with a focus on arts educators, truly essential workers, who have continued to encourage and inspire children throughout the pandemic and beyond,” said Russell Granet, New 42 President & CEO.

New York City Mayor, Bill de Blasio, also made an appearance during the event and shared remarks about the importance of arts education for the very young. He congratulated the New York City Department of Education, Office of Arts and Special Projects on being honored and noted that this honor extends to all teachers across the city. “Building a recovery for all of us means reconnecting with the arts and cultural events that make New York City unique, and I’m proud to stand with and celebrate that recovery in the heart of Times Square,” said Mayor Bill de Blasio. “Today and every day, we’re grateful to all the educators who have engaged their students with uplifting, empowering and healing artistic expression.””The arts have been a critical lifeline during this challenging year, providing students with outlets to express themselves and helping our school communities build resiliency,” said NYC Schools Chancellor Meisha Porter. “I’m grateful to our educators who have led with creativity and passion throughout this crisis, creating invaluable spaces for our children to chase their dreams.”A number of celebrities – including Renée Elise Goldsberry,Kal Penn, Neil deGrasse Tyson, John Leguizamo, Alison Pill, Michael James Scott, and New York Giants players Lorenzo Carter and Andrew Thomas-  also participated virtually by sharing stories of their favorite teachers and the importance of arts education to them. Starting Tuesday, June 8th through Wednesday, June 30th the event will be available to stream on demand at New42.org.

The June 5 event closed down traffic on West 42nd Street, filling the block between 7th and 8th Avenues with programming. Performances took place on a main stage in front of The New Victory Theater with event production provided by Empire Entertainment. At New 42 Studios, xRStage Times Square powered by WorldStage presented their innovative LED Stage & Studio designed for all types of live events and entertainment projects. New 42 also announced New Victory Summer Programming, including the New Victory Dance summer series, a programming partnership with Little Island, and more. For a full summer schedule, please visit https://newvictory.org.About New 42Under the leadership of President & CEO Russell Granet, New 42 is a cultural nonprofit whose mission is to make extraordinary performing arts a vital part of everyone’s life from the earliest years onward. Driven by a deep commitment to performing arts access, New 42 connects people to world-class performances, essential education and employment programs, and creative communities that push culture forward. Through New Victory and New 42 Studios, the nonprofit serves artists, educators and New Yorkers of all ages with invaluable arts engagement and resources in and beyond the performing arts. Together with our supporters, New 42 opens new perspectives, incubates new works and creates new opportunities to move us all.About New Victory Theater

The New Victory, a family theater under the New 42 umbrella, opens new worlds to young people and families through extraordinary performances, education and engagement programs. Bringing kids to the arts and the arts to kids since 1995, this nonprofit theater has become a standard-bearer of quality performing arts for young audiences in the United States. Reflecting and serving the multicultural city it calls home, New Victory is committed to arts access for all communities of New York to experience and engage with the exemplary international shows on its stages. A global leader in arts education, youth development and audience engagement, The New Victory has been honored by the President’s Committee on the Arts and the Humanities with the National Arts and Humanities Youth Program Award, by Americans for the Arts with a national Arts Education Award, and by the Drama Desk for “providing enchanting, sophisticated children’s theater that appeals to the child in all of us, and for nurturing a love of theater in young people.” View original content to download multimedia:https://www.prnewswire.com/news-releases/lets-get-this-show-on-the-street-new-42-celebrates-arts-education-on-42nd-street-301306398.htmlSOURCE New 42

LONGUEUIL, QC, June 5, 2021 /CNW Telbec/ – ArcelorMittal Mines and Infrastructure Canada (“ArcelorMittal”) and the executives of the five local unions of the United Steelworkers reached an agreement in principle for the renewal of their collective labour agreement.The last round of negotiations, held in the presence of a conciliator named by the Minister of Labour, Employment and Social Solidarity, resolved the remaining outstanding issues and led to reaching an agreement in principle. The President and Chief Executive Officer of ArcelorMittal Mining Canada and Chairman of the Management Committee of ArcelorMittal Infrastructure Canada, Mr. Mapi Mobwano, took part in these latest negotiations.Provided that the members of the five local unions of the United Steelworkers ratify the agreement in principle, the collective labour agreement will be renewed for a period of four years. ArcelorMittal will therefore be able to provide stability for all its employees and business partners.”We are pleased with this outcome, which is the result of the efforts of both parties at the negotiating table and the work of the conciliator. We leave it to the executives of the five local unions to present to their members the details of the agreement in principle to be ratified and we are hopeful to be able to turn the page on this conflict,” declared Mapi Mobwano.As part of its Transformation project launched in 2020, ArcelorMittal intends to increase its commitment to actively support the vitality of the communities of Fermont and Port-Cartier, and projects to that effect have been underway for several months with local stakeholders.

ArcelorMittal Mines and Infrastructure Canada is an essential link in the entire chain of steel production, in Québec and elsewhere in the world, and the economic benefits of its presence in Québec are substantial: the company spends about CA$1.25 billion in the province each year and its contribution to the provincial GDP is around CA$1 billion. ArcelorMittal Mines and Infrastructure Canada generates more than 8,300 direct and indirect jobs in Québec. ArcelorMittal is also the company that has paid, by far, the most mining royalties to the Quebec government in 2020, that is CA$234 million.About ArcelorMittal Infrastructure Canada G.P. and ArcelorMittal Mining Canada G.P.Subsidiaries of ArcelorMittal, the world’s leading steel and mining company and among the top five producers of iron ore products globally, ArcelorMittal Infrastructure Canada G.P. (“AMIC”) and ArcelorMittal Mining Canada G.P. (“AMMC”) are two complementary entities operating on Quebec’s North Shore. AMIC ensures the transport of concentrate between Mont-Wright and Port-Cartier, and operates a seaport in Port-Cartier to transport and ship AMMC’s products to four continents. AMMC produces iron oxide concentrate and pellets for the steel market. The two companies employ approximately 2,500 people, making ArcelorMittal the largest employer in the North Shore region.SOURCE ArcelorMittal Exploitation minière Canada s.e.n.c.