Posts in category

Recapitalization


Chairman of Nigeria’s first interest-free bank, Jaiz Bank Plc, Umaru Abdul Mutallab, said the idea of ​​establishing the bank was aimed at stimulating growth in different sectors of the economy. He said so yesterday in Abuja during his address at a dinner to mark the bank’s 10th anniversary. Mutallab told how the bank started in …

Kelcie Hartley, Daily Herald Utah County Commissioners, from left, Bill Lee, Tom Sakievich and Amelia Powers Gardner participate in a Utah County Commission meeting Wednesday, June 29, 2022. Utah County commissioners approved a resolution to adopt an equipment replacement program for the county at Wednesday’s regular meeting. County Budget Director Rudy Livingston …

The Russian military is increasingly unable to acquire the technology needed to replenish its stockpile of precision weapons critical to its continued progress in eastern Ukraine. For months, reports have indicated that Russia’s arsenal of precision weapons is running out. At the same time, the Russian military has also been willing to fire unguided munitions …

America’s shipyards are making improvements to building ships for the Navy and Coast Guard today and in the future. In some cases, this means phasing out one ship class and preparing for the next. Or, it can be a drastic transformation. The yards range from mid-level yards to very large facilities dedicated exclusively to warships. …

StepStone Group Inc. (NASDAQ:STEP – Get Rating) declared a quarterly dividend on Thursday, August 4, Zacks reports. Shareholders of record on Wednesday August 31 will receive a dividend of 0.20 per share on Thursday September 15. This represents an annualized dividend of $0.80 and a dividend yield of 2.86%. The ex-dividend date is Tuesday, August …

JLL Capital Markets arranged a $585 million construction financing for Allston LabWorks, a mixed-use project in Boston, Massachusetts. JLL’s Capital Markets Group announced that it has arranged $585 million in construction financing for a mixed-use project consisting of 580,905 square feet of life sciences, retail and housing space multiple in Boston, Massachusetts. JLL worked on …

Dear shareholders, 2021 was a year of big change for Youngtimers AG – being in effect an inactive investment holding company for several years, the company had changed its name to Youngtimers AG at the June 2021 AGM, replaced the Board of administration, completed the recapitalization to the tune of 35 million francs capital increase …

JLL Capital Markets today announced the closing of the sale of Avalon Green, a 617-unit value-added multi-unit community located in Westchester County in Elmsford, New York. JLL marketed the property on behalf of the seller, AvalonBay Communities, Inc. A joint venture between Harbor Group International, LLC and Azure Partners, LLC acquired the asset. The three-phase …

Truist Financial Corp increased its stake in Compass Diversified (NYSE:CODI – Get Rating) by 1.0% in Q1, Holdings Channel reports. The institutional investor held 44,989 shares of the financial services provider after purchasing an additional 461 shares during the period. Truist Financial Corp’s holdings in Compass Diversified were worth $1,069,000 at the end of the …

ROSEMONT, Ill.–(BUSINESS WIRE)–July 21, 2022– Wynnchurch Capital, LP (“Wynnchurch”) announced today that it has acquired FCA, LLC (“FCA Packaging”, “FCA” or the “Company”) from Delos Capital. FCA is a leading manufacturer of custom industrial protective packaging solutions. Founded in 1985, FCA has 34 locations across the United States and provides custom-engineered packaging products to premier …

Highwoods Properties Inc. entered the Dallas-Fort Worth market by forming an approximately $130 million joint venture with Granite Properties to acquire a 50% interest in two of the promoter’s current office projects. Through the recapitalization, Highwoods will become co-owner of 23Springs, a 26-story tower totaling 642,000 square feet in downtown Dallas, and Granite Park Six, …

TORONTO, July 18 12, 2022 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) (“CVG”), today announced that Meriplex Communications, Ltd. (“Meriplex” or the “Company”), a portfolio company of CVG and Clairvest Equity Partners V (“CEP V”, collectively “Clairvest”), have completed a partial realization with Vitruvian Partners (“Vitruvian”). The transaction involves the acquisition of a majority …

Privatization of Indian public sector banks A report has been released in which it is mentioned that the state banks of the country i.e. the public sector banks, rather than the State Bank of India, are in the process of being privatized. The National Council of Applied Economic Research (NCAER) has published a report on …

News and research before you hear about it on CNBC and others. Claim your one week free trial for StreetInsider Premium here. Paris, Julythere 13e2022 Air France-KLM and Apollo sign a definitive agreement for one EUR 500 million investments in a ad hoc Operating affiliate of Air France has spare engines Air France-KLM and Apollo …

NEW YORK–(BUSINESS WIRE)–Pryor Cashman is pleased to announce that Robert M. Friedman and Richard C. Leska have joined the firm as partners in the Enterprises group. Friedman was previously a partner at Moses & Singer; Leska was previously a partner at Meister Seelig & Fein. Friedman has extensive experience representing clients in the formation of …

Education, Press release Governor Tom Wolf celebrated a budget that reinforces his commitment to education at all levels with a historic investment increase of $1.8 billion. The Wolf administration has increased education funding by more than $3.7 billion since 2015, ensuring Pennsylvanians have the opportunity to succeed with a high-level education without bearing the bulk …

100 Chestnut. Image courtesy of Colliers North River Leerinka joint venture focused on life sciences and healthcare real estate between North River Co. and Development of Leerinkreceived a $192.5 million loan from a subsidiary of Square Mile Capital Management to develop 100 Chestnut, a four-story life science project in the Brickbottom district of Somerville, Mass. …

The share price of Property Solutions Acquisition Corp. (OTCMKTS: PSACU – Get Rating) traded up 0.5% on Monday. The company traded as high as $17.42 and last traded at $17.08. 1,800 shares were traded during trading, down 93% from the average session volume of 25,250 shares. The stock previously closed at $16.99. The stock’s 50-day …

Elliott Opportunity II (NYSE:EOCW – Get Rating) and CION Investment (NYSE:CION – Get Rating) are both unrated small cap companies, but which is the superior investment? We will compare the two companies based on institutional ownership strength, risk, analyst recommendations, profitability, earnings, dividends and valuation. Profitability This table compares the net margins, return on equity …

Oxbridge Acquisition Corp. (NASDAQ:OXACU – Get Rating) fell 0.8% in Thursday’s session. The company traded as low as $10.04 and last traded at $10.04. 100 shares changed hands during trading, a 90% decline from the average session volume of 1,020 shares. The stock had previously closed at $10.12. The company’s 50-day moving average price is …

No related data. © 2022 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved. THE CREDIT RATINGS ISSUED BY MOODY’S CREDIT RATINGS AFFILIATES CONSTITUTE THEIR CURRENT OPINIONS ON THE RELATIVE FUTURE CREDIT RISK OF THE ENTITIES, CREDIT COMMITMENTS, INDEBTEDNESS OR SECURITIES ASSOCIATED WITH INDEBTEDNESS, …

Onex (TSE:ONEX – Get an assessment) had its price target lowered by CIBC from CA$90.00 to CA$75.00 in a research report released on Saturday, BayStreet.CA reports. Other stock analysts have also recently released reports on the company. Royal Bank of Canada raised its price target on Onex from CA$108.00 to CA$110.00 and gave the stock …

Given this year changing venture capital climate, it’s no stretch to imagine we’re going to see a lot more of the following: down cycles disguised as extend cycles, recapitalization events mistaken for side business and benchmarks loosely defined growth, combustion and other key metric starts. As the downturn threatens companies’ ability to meet their growth …

Personica recruited Adam Ochstein as its next CEO. Personica has simultaneously completed a capital increase that will help position the company for continued growth. ALEXANDRIA, Va., June 21, 2022 /PRNewswire/ — Personica, an STG company and leading multi-channel restaurant marketing platform, today announced that the company has hired Adam Ochstein as the organization’s next CEO. …

Finance Minister Nirmala Sitharaman is expected to meet with heads of public sector banks (PSBs) on June 20 to take stock of the performance of lenders. During the meeting, banks could be asked to sanction loans to productive sectors to accelerate economic recovery in the face of headwinds including the Russian-Ukrainian war. It is highly …

Apollo Strategic Growth Capital II (NYSE:APGB – Get Rating) benefited from a significant increase in short-term interest during the month of May. As of May 31, there was short interest totaling 142,700 shares, an increase of 24.1% from the May 15 total of 115,000 shares. Based on an average daily trading volume of 218,300 shares, …

NEW YORK, June 10, 2022 /PRNewswire/ — An ad hoc group of certain holders of unsecured debt (the “Ad hoc group“) issued by Crédito Real, SAB de CV, SOFOM, ENR (the “Company“) publicly discloses information that has been provided to the Ad Hoc Group in connection with discussions regarding potential transactions involving a recapitalization, refinancing …

Ares Capital (NASDAQ:ARCC – Get a rating) was downgraded by StockNews.com from a “hold” rating to a “sell” rating in a research report published Tuesday. Other research analysts have also recently published reports on the company. Wells Fargo & Company raised its price target on Ares Capital from $22.50 to $23.00 and gave the company …

DBRS Limited (DBRS Morningstar) assigned a rating of AAA covered bonds, series CBL48 (series CBL48) issued under the Bank of Nova Scotia (Global Registered Covered Bond Program) (the Registered Program). Series CBL48 (USD 1.5 billion) has a coupon rate of 3.186% and a maturity of June 3, 2025. All Covered Bonds issued under the Registered …

Analysts expect Apollo Global Management, Inc. (NYSE:APO – Get Rating) to report sales of $594.70 million for the current quarter, Zacks reports. Three analysts have made estimates of Apollo Global Management’s earnings, with the highest estimate of sales at $612.60 million and the lowest estimate at $573.70 million. Apollo Global Management recorded sales of $553.55 …

HONG KONG, June 1, 2022 /PRNewswire/ — Blue Safari Group Acquisition Corp. (NASDAQ: BSGA, the “Company”), a special purpose acquisition company, today announced that it has deposited into the Company’s trust account (the “Trust Account”) a total of $575,000 (representing $0.10 per Class A common share), to extend the period available to the Company to …

Springwater Special Situations Corp. (NASDAQ:SWSS – Get Rating) saw a surge in short-term interest during the month of May. As of May 15, there was short interest totaling 13,900 shares, an increase of 51.1% from the April 30 total of 9,200 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average …

NEW DELHI : The Ministry of Finance has asked public banks to draw up a three-year roadmap to prepare for the challenges ahead and stay ahead of their private rivals in this extremely competitive sector. As part of the strategy, banks were urged to seize new economic and technological business trends to drive business growth …

ArchiMed, a private equity specialist in the healthcare sector, is the lead investor in an alliance recapitalizing Corealis Pharma. ArchiMed and another investor, Caisse de depot et placement de Quebec, a pension fund in Canada, are joining the founders and management in this recapitalization. The partnership will further expand the drug development services that Corealis …

Newly released details of Cleveland Clinic’s $1.3 billion capital commitment significantly expand capacity expansion plans for its neurological and Cole Eye Institutes – plans first announced three years ago , then discontinued during the pandemic. In addition to a new building for the Neurological Institute and the expansion of the Cole Eye Institute — each …

LMS Capital plc (LON:LMS – Get Rating) announced a dividend on Thursday, May 19, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 26 will receive a dividend of 0.63 GBX ($0.01) per share on Thursday, June 23. This represents a return of 1.78%. The ex-date of this dividend is Thursday, May 26. This is an …

JLL Capital Markets today announced that it has arranged $25.5 million in financing for Nest Micro Apartments, a 122-unit mid-rise luxury apartment building in the Journal Square neighborhood of Jersey City, New Jersey. JLL worked on behalf of the borrower, 190 Academy Urban Renewal, LLC, to secure a loan through Argentic Investment Management, LLC. Completed …

JLL Capital Markets has been retained to arrange the sale of 322 East 90th St., a five-story walk-up apartment building located on Manhattan’s Upper East Side. The asking price is $7.85 million. Located on the south side of East 90th Street, between 1st and 2nd Avenues, the building features 16 apartments, 10 of which are …

Item 1.01. Conclusion of a significant definitive agreement Effective from May 4, 2022, HCyte, Inc. (the “Company”) has entered into an amended and restated note conversion agreement (the “Note Conversion Agreement”) with certain holders (the “Investors”) of its Tranche 1 Notes (the “Notes”) ), (i) providing for a conversion price equal to the lesser of …

Seven years ago, a newly formed hotel investment firm in Denver proudly touted its purchase of a Best Western Plus in the Denver Tech Center for $15 million. “The property has all the characteristics we are looking for in an acquisition – high current yield, excellent location, superior brand image and a variety of healthy …

iAnthus Announces Appointment of New Chief Executive and Interim Director and Provides Update on Recapitalization Transaction NEW YORK and TORONTO, May 6, 2022 /PRNewswire/ — iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCPK: ITHUF), which owns, operates and partners in regulated cannabis companies across the United States, announces the appointment of a …

Onex (OTCMKTS:ONEXF – Get Assessment) had its price target reduced by Canaccord Genuity Group from CA$118.00 to CA$110.00 in a research report published Tuesday morning, reports The Fly. ONEXF has been the subject of several other research reports. TD Securities reduced its price target on Onex from CA$125.00 to CA$115.00 in a Monday, February 28 …

NEW YORK, May 2, 2022 /PRNewswire/ — Loews Corporation (NYSE:L) today reported net income of $338 millionor $1.36 per share, for the first quarter of 2022 compared to a net result of $261 millionor $0.97 per share, in the first quarter of 2021. Net income for the first quarter of 2022 increased over the comparable …

Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB – Get Rating) was the target of strong short-term interest growth during the month of April. As of April 15, there were short interests totaling 16,400 shares, a growth of 72.6% from the total of 9,500 shares as of March 31. Based on an average trading volume of 24,300 …

GigInternational1, Inc. (NASDAQ: GIW – Get Rating) was the target of a significant increase in short-term interest in April. As of April 15, there were short interests totaling 2,800 shares, an increase of 211.1% from the March 31 total of 900 shares. Based on an average trading volume of 12,000 shares, the short-term interest rate …

CHICAGO–(BUSINESS WIRE)–April 26, 2022– Monroe Capital LLC announced that it has acted as lead arranger and sole administrative agent for the financing of a senior credit facility to support the recapitalization and future growth of Dealer Services Network (“DSN”) by capital sponsor- Frontenac investment. Based in Deerfield Beach, Florida, DSN is a technology provider of …

Meridian, a full-service healthcare real estate owner, operator and investor, is pleased to announce that the company has entered into an receivership for the sale of Grunow Memorial Medical Center. After renovating and repositioning the 53,000 square foot medical office building in Phoenix, Arizona, Meridian sold the building to a private Canadian investor for $17.9 …

On April 12, 2022, the Government of Alberta (the province) released its Alberta Technology and Innovation Strategy (ATIS). The strategy aims to add 20,000 new technology jobs to Alberta while providing concrete commitments to support technology innovation. This blog provides a concise summary of major ATIS initiatives. It is highly relevant to Canadian companies active …

“The Corwyn South Point has been met with extraordinary enthusiasm from people looking for sophisticated, modern design in a walkable neighborhood setting,” said jimmy baunon, Chief Investment Officer at ECI Group. “Residents of The Corwyn can walk to over 700,000 square feet of retail, dining and entertainment options in South Point and are a short …

Item 1.01. Conclusion of a significant definitive agreement. As described below, on April 13, 2022, NuZee, Inc. (the “Company”) completed the Offering (as defined below), which included the 2022 Warrants (as defined below) as a component of the Units (as defined below). The 2022 Warrants are governed by the terms set forth in the common …

Recently insurance industry regulator NAICOM announced a new recapitalization round for insurers, Ebere Nwoji in this report examines the possibility of its success in an election year The insurance industry regulator, the National Insurance Commission (NAICOM), at the recent Insurance Committee meeting held in Lagos, announced a new bid to carry out a recapitalization exercise …

Finance Minister Nirmala Sitharaman is due to meet the heads of public sector banks (PSBs) on April 23 to take stock of the performance of the lenders and the progress made by them on various plans launched by the government for reviving the economy. battered by the pandemic. This is the first full review meeting …

Staying informed is a constant challenge. There is so much to do and so little time. But we have what you need. Grab a coffee and have a five while you munch on these treats. Cologix increases its Canadian data center footprint after recapitalization Stonepeak, an alternative investment firm specializing in infrastructure and real estate …

OFFUTT AIR FORCE BASE, Neb. (AFNS) — Prior to the development of the new simulator, training for E-4B crews relied on a non-E-4B Boeing 747 trainer – located in Florida – or on the limited training sorties available due to the high operational requirement of the mission. . With …

JLL has arranged a $43.5 million construction financing for the development of 4135 Park Blvd., a 190-unit mixed-use multi-unit housing project in San Diego JLL Capital Markets has arranged a $43.5 million construction financing for the development of 4135 Park Blvd., a 190-unit mid-rise mixed-use housing project located on the border of the North Park …

JLL Capital Markets today announced the closing of the $86.5 million sale of The Alexander & The Johnathan, a pair of Class A experiential office assets totaling 219,580 square feet in Chandler, Arizona. JLL represented the seller, George Oliver, and recruited the buyer, Asana Partners. The $86.5 million sale represents a price of $394 per …

CHICAGO, March 22, 2022 /PRNewswire-PRWeb/ — Ziegler, a specialty investment bank, is pleased to announce that it has been the exclusive financial advisor to GreenLight Medical (GreenLight), a leading provider of supply chain management software. Healthcare Supply in connection with its transaction with Symplr, a provider of enterprise healthcare operations solutions. This combination creates a …

Park City – JLL Capital Markets announced that it has completed the sale and arranged the financing of the acquisition of The Kimball on Main Street, a 25,410 square foot, fully leased, mixed-use retail asset with event spaces and offices along historic Main Street in the popular mountain town of Park City, Utah. JLL has …

Nina Bianchi Skinner Partner, Blank Rome LLP Houston, TX, March 14, 2022 (GLOBE NEWSWIRE) — Blank Rome LLP is pleased to welcome Nina Bianchi Skinner to the company’s Corporate, M&A, and Securities group in Houston. Nina has an outstanding track record as a trusted corporate and M&A advisor to energy, manufacturing, industrial and service companies …

JLL Capital Markets today announced that it has arranged $38.5 million in acquisition financing for 805 King Farm Boulevard, a 240,000 square foot office building known as District IV and located in the district of King Farm in Rockville, MD. JLL worked on behalf of the borrower, BLT Green Hollow, a partnership between Building and …

Section 1.01 Entering into a Material Definitive Agreement. At March 7, 2022, Propanc Biopharma, Inc. (the “Company”) entered into a securities purchase agreement (the “Purchase Agreement”) with Sixth Street Ready, LLC (“Sixth Street”), pursuant to which Sixth Street purchased a convertible promissory note (the “Note”) from the Company in an aggregate principal amount of $68,750, …

WAYNE, Pa., March 8, 2022 /PRNewswire/ — Argosy Healthcare Partners (“AHP”), a lower middle market private equity investor focused exclusively on healthcare, and a division of Argosy Capital, a diversified investment firm with over $2.3 billion of assets under management, is pleased to announce that it has completed the recapitalization of Specialty Care Management (“SCM” …

Rabina, a New York-based, family-owned and operated, multi-generational real estate investment and development firm, today announced the closing of a half-billion dollar construction financing for 520 Fifth Avenue , the first post-pandemic – and tallest – building in Manhattan to bring together luxury residences, commercial office space, world-class leisure facilities and ground-floor retail under one …

BOSTON–(BUSINESS WIRE)–Longpoint Partners (“Longpoint”), a Boston-based real estate investment firm, today announced the closing of its joint venture with Brookfield through its Real Estate Secondaries business. The joint venture recapitalized a $700 million, 3.8 million square foot national logistics portfolio that was held in one of Longpoint’s closed-end funds. Longpoint will retain a stake in …

TUI, the world’s biggest tour operator, is having to deal with the fact that its biggest shareholder, Alexey Mordashov, is a pro-Putin oligarch who met the Russian president at the Kremlin on Thursday in a show of defiance of Western sanctions. As global opposition to Russia’s bloody invasion of Ukraine grows, having a Putin ally …

Newswires MT 2022 All news about CHINA HUARONG ASSET MANAGEMENT CO., LTD. Sale 2020 10,752 million 1,699 million 1,699 million Net result 2020 -102,092M -16,131M -16,131M Net debt 2020 785B 124B 124B 2020 PER ratio -0.27x 2020 performance – Capitalization 26,669 million 4,214 million …

BOSTON–(BUSINESS WIRE)–Cohere Capital, a Boston-based private equity firm focused on investing in leading technology-focused middle-market companies, announced that it has made a strategic growth investment in Boostability (the ” Society “). Cohere Capital has partnered with management and existing investor HIG Growth Partners to accelerate the company’s development and further enhance the value proposition for …

Saratoga Investment Corp New with ticker code (SAR) now have 7 analysts covering the stock. Analyst consensus points to a buy rating. The target price ranges between 32 and 30.75 calculating the average target price we see 31.25. Now, with the previous closing price of 27.41, this indicates that there is 14.0% upside potential. The …

There is no peace for Saipem. Neither for the pockets of taxpayers who could soon be called upon to participate, albeit indirectly, in a new rescue of the group led by Francesco Caio. How? ‘Or’ What? Street Cassa Depositi e Prestitiwhich is a shareholder of Saipem with a stake equal to 12.55% of the share …

CHICAGO, February 8, 2022 – JLL Capital Markets announced the closing of the sale of Ellyn Crossing, a 1,155-unit garden-style apartment community in Glendale Heights, Illinois, marking the largest transaction ever in a Chicago suburb. JLL represented the seller, Rockwell Property Co., to facilitate the sale to Turner Impact Capital, a leading real estate investment …

Everything is now ready for the showdown at Monte Paschi. Tomorrow, after a hectic week prone to advances, the Treasury (64.2% shareholder of the Sienese bank) is preparing to discourage CEO Guido Bastianini and make room for former Creval Luigi Lovaglio. The redde rationem is expected at the board of directors initially convened for the …

Text size A vehicle with Luminar LiDAR Patrick T. Fallon/AFP/Getty Images L stock crashed and founder and CEO Austin Russell scooped up the cheapest shares. Luminar stock (ticker: LAZR) lost half its value last year against a 27% rise in the S&P 500 index. So far this year, shares have slid 13% against 5% for …

HOUSTON, January 31, 2022 /PRNewswire/ — SAExploration Holdings, Inc. (“SAE” or the “Company”) announced that she had completed a $26 million recapitalization transaction whereby new capital was provided to the Company, and the Company’s second term lenders exchanged debt for common shares of the Company. In addition, the Company’s loan documents have been amended to …

By Al Barbarino (January 28, 2022, 10:40 PM EST) – The U.S. Securities and Exchange Commission settled fraud complaints against technology company HeadSpin Inc. on Friday without levying monetary penalties following the ousting by its chief executive’s firm, playing the trick in an announcement as the agency seeks to clarify the kinds of cooperation and …

NEW YORK, January 26, 2022 – JLL Capital Markets today announced that it has arranged a $55 million refinancing for 517 West 29th St., a 60-unit, 10-story luxury rental property located along the High Line at the junction of the Hudsons Manhattan Yards and West Chelsea neighborhoods. JLL worked on behalf of the borrower, Churchill …

ORLANDO, January 25, 2022 – JLL Capital Markets today announced that it has completed the $6.25 million sale of Fairwinds Credit Union Baldwin Park, a multi-unit development site in Orlando, Florida. JLL worked on behalf of the buyer, Gables Residential. Fairwinds Credit Union sold the asset. Known as Fairwinds Credit Union Baldwin Park, the development …

Nirmala Sitharaman who is India’s finance minister is set to present the Union budget for the financial year 2022-23 on February 1. the Micro, small and medium-sized enterprises (MSMEs) sector is positive about the same. Some of the Union’s expectations Budget 2022 simplify taxation, investment and provide new incentives for Indian start-ups and MSMEs. Read …

BOLTON, Mass. — Headwall Photonics completed a recapitalization led by Arsenal Capital Partners, a private equity firm specializing in investments in industrial and healthcare companies. The recapitalization was done in partnership with existing management and ownership, resulting in Arsenal becoming the majority owner. Terms of the transaction were not disclosed. TOKYO— Taiyo Nippon Sanso Corp. …

Business oi-Sunil Fernandes Through Virendra Ranawat | Posted: Wednesday January 19th 2022, 11:48 AM [IST] With more expectations heading into this new year, the Union budget for the financial year 2022-23 is also the one everyone has their eye on. Also known as the Annual Financial Statement, the Union Budget is presented annually by the …

Wamkele Mene, Secretary General of the AfCFTA With local businesses given the opportunity under the African Continental Free Trade Area (AfCFTA) to take into account insurance prices and offers from other markets on the continent, local industry stands to lose deals. to other markets and then be wiped out, Business-SIC Insurance PLC, Nana Yaw Mantey, …

The pandemic. Hiring issues. Supply chain troubles. Historically high valuations. These are some of the top reasons many business owners consider selling their business. For many, however, selling 100% of the business may not align with your goals or objectives. Fortunately, many alternatives are available today for business owners looking for cash flow, but not …

MANCHESTER, NH, January 10, 2022 (GLOBE NEWSWIRE) – Allegro MicroSystems, Inc. (Nasdaq: ALGM) (“Allegro”), a global leader in sensing and power semiconductor technology, announced today as Paul Walsh, current Vice President Chief Financial Officer (CFO) and Treasurer will retire. He will be replaced by Derek D’Antilio, who was selected after extensive research and will join …

SAN JUAN, Puerto Rico, January 7, 2022 (GLOBE NEWSWIRE) – Advantage Insurance Inc. (“Advantage”), a leader in providing personalized insurance solutions for businesses and individuals, announced today recently concluded a series of transactions to develop and strengthen its life insurance business. Highlights include: Merger of our US Commonwealth Life, AI and Advantage Life Assurance AI …

ROSEMONT, Illinois – (BUSINESS WIRE) – January 6, 2022– Wynnchurch Capital, LP (“Wynnchurch”), a leading mid-market private equity firm, has announced the sale of a controlling interest in Rosboro Holdings, Inc. (“Rosboro” or the “Company”) to One Equity Partners (“OEP”). Pursuant to the transaction, Wynnchurch will continue to hold a significant minority interest in the …

Recapitalization of $ 550 million of the special purpose industrial portfolio January 3, 2022 LXP INDUSTRIAL TRUST In the following presentation, the term “pro forma” represents the adjustment of the information as at September 30, 2021 to reflect: – The recapitalization of 22 ad hoc industrial assets into a new joint venture – The reclassification …

The Cabinet Committee on Privatization (CCoP) on Friday discussed the Pakistani government’s proposed divestiture of shares in Mari Petroleum Company Limited and decided to omit Mari Petroleum Company Limited from the list of privatizations. The meeting was held here under the chairmanship of Federal Minister of Finance and Revenue, Shaukat Tarin. The CCoP discussed the …

Mahama Ayariga, Member of the Central Parliament of Bawku The Ghana Amalgamated Trust (GAT) has dismissed allegations by Bawku central deputy Mahama Ayariga that there are alleged negative activities going on at GAT. Mr. Ayariga had accused the GAT leadership of improperly taking advantage of some of the banks that needed financial assistance to enable …

On December 24, 2021, the Ministry of Economy, on behalf of the Government of the Republic of Serbia, the NIS and HIP Petrohemija signed the Strategic Partnership Agreement. With this agreement, NIS will increase the ownership share in HIP Petrohemija from 20.86% to 90% of the previous shares with the obligation of a monetary recapitalization …

Gardiner Healthcare Acquisitions Corp. announces price of $ 75 million initial public offering Tweet this The offer is expected to close on December 27, 2021, subject to customary closing conditions. Chardan acted as the only accounting manager of the offer. B. Riley Securities, Inc. acted as qualified independent underwriter in connection with the Offer. A …

Item 5.02 Departure of directors or certain officers; Election of directors; Appointment of certain officers; Compensatory arrangements of some Officers. At December 14, 2021, the Board of Directors (the “Board”) of IonQ, Inc. (the “Company”) increased the size of the board from seven to eight directors and, following the recommendation of the Nomination and corporate …