Latest News for: Acquisitions fund


Birchgrove expands into North London with �36m development

The Care Home Environment 29 Sep 2023
The 60 units will be delivered in turnkey condition in 2024 and have been funded by £10.2m of equity funding from Bridges Fund Management and a development facility from Octopus Real Estate. The £36m acquisition of Ayrton House is Birchgrove’s third development ...

PTI Secures €1.2 Billion Multi-Jurisdiction Transaction

Victoria Advocate 29 Sep 2023
(i) repay existing indebtedness including related fees and expenses, (ii) fund capital expenditure requirements and acquisitions, including the recent acquisition of the French portfolio of wireless tower assets from Cellnex (1,226 sites hosting SFR), and (iii) fund working capital requirements.
photo: AP / Keystone/Urs Flueeler, file
FILE - This April 14, 2011 file picture shows  the Glencore headquarters in Baar, Switzerland. Commodities trader Glencore says Chinese regulators have approved its proposed merger with mining company Xstrata PLC.  The Swiss-based supplier of raw materials such as oil, copper and wheat says the merger was cleared by China's Ministry of Commerce subject to certain conditions.  Among those, says Glencore, which also owns plants, warehouses and mines, is that the company must sell all of its post-merger ownership interest in Les Bambas, an Xstrata copper project in Peru. Glencore said in a statement Tuesday April 16, 2013  it also must continue to offer to supply Chinese customers with a minimum volume of copper concentrate for eight years.  (AP Photo/Keystone/Urs Flueeler, file)

$1 bln metals SPAC deal backed by Glencore, automakers collapses

Reuters 29 Sep 2023
LONDON, Sept 28 (Reuters) - A $1 billion metals deal by blank-cheque fund ACG Acquisition Co has been terminated following delays when the different sides, which included a leading global miner and top automakers as anchor investors, tried to revise it, ACG said on Thursday.

Space Force could be the service branch hurt most by a government shutdown, experts say

Stars and Stripes 29 Sep 2023
William LaPlante, undersecretary of defense for acquisition and sustainment, said earlier this week that a shutdown — or even stopgap funding known as a continuing resolution — would be “horrible” for America’s military because it makes medium- and long-term planning impossible.

Sagicor Financial Company clears last hurdle to acquire Ivari

Jamaica Observer 29 Sep 2023
SFC had announced in August 2022 that it was seeking to acquire Ivari for CA$325 million (US$251.27 million) or J$37.88 billion which was to be funded 80 per cent by debt and 20 per cent with cash. The acquisition of Ivari not only serves to push SFC's net income up from $133 ...

UK police launch investigation into law firm Axiom Ince

Reuters 29 Sep 2023
An SRA spokesperson said the regulator has been "liaising with relevant law enforcement authorities." ... Lawyers representing Axiom Ince said at a hearing this month that Modhwadia had admitted using client money to purchase properties and fund the firm's acquisition of other law firms, including the previously-listed Ince & Co ... ....

SWK Holdings Corporation Announces Pricing of Public Offering of Senior Unsecured Notes Due 2027

Victoria Advocate 29 Sep 2023
DALLAS, Sept ... SWK intends to use the net proceeds from the Offering for general corporate purposes, including funding future acquisitions and investments, repaying indebtedness, making capital expenditures and funding working capital. The Notes will be issued in minimum denominations of�$25.00�and integral multiples of�$25.00�in excess thereof ... B ... Inc.

Stay off housing development – GREDA tells Gov’t

B & FT Online 29 Sep 2023
Government’s role in affordable housing must be the facilitation. GREDA believes that government must strongly remove itself from direct involvement in the delivery of housing and facilitate the private sector by fixing the land acquisition bottlenecks, access to funding and basic infrastructure, among others ... Mr ... ....

Supporting acquisitive growth in the North West

The Business Desk 28 Sep 2023
Across the board, acquisitions accounted for the majority of all transactions. In 2022, LDC provided £38m of follow-on funding to support 19 portfolio companies to complete 44 acquisitions nationally, helping them to scale and diversify by bringing on board established operations.

Department of Interior announces expansion to Grays Lake National Wildlife Refuge in Idaho

Longview News-Journal 28 Sep 2023
Department of Interior announced that $6.2 million in funding has been approved to acquire almost 2,500 acres to add Grays Lake National Wildlife Refuge in Idaho. The Migratory Bird Conservation Commission approved the funding Sept ... The commission approved funding for the acquisition, and the service will complete the acquisition next year.”.

Ripple abandons Fortress Trust deal after covering $15M loss related to security breach

Cryptoslate 28 Sep 2023
“A few weeks ago, we signed a letter of intent to acquire Fortress Trust — we’ve since made the decision not to move forward with an outright acquisition, though Ripple will remain an investor in .” ... Though Fortress originally reported “no loss of funds,” Fortress founder and CEO Scott Purcell told Fortune on Sept.

Will Gulf Sports Diplomacy Hit Choppy Waters?

The Algemeiner 28 Sep 2023
A combination of embarrassing disclosures, calls for restricting foreign state ownership of soccer clubs, regulators’ curbing of Gulf state ambitions, competition among the Gulf states, legal challenges to Gulf funding, and fan protests suggest that trouble could be brewing.Related coverage.

Land acquisition aimed at protecting Skaneateles Lake

Auburnpub dot com 28 Sep 2023
The state Department of Environmental Conservation and the Central New York Land Trust this announced the acquisition, part of a project funded through the state’s Water Quality Improvement Project Program, "which directly improves water quality or aquatic habitat, promotes flood ...

DSW boosts its tax practice offering with takeover

The Business Desk 28 Sep 2023
The acquisition was funded by a loan from DSW Capital, the company which owns the Dow Schofield Watts brand ... “The acquisition will bring additional expertise to DSW Tax Advisory and enable us to expand the range of services we offer.”.

B90 Pretax Loss Widens; May Need to Raise Funds if Business Doesn't Improve

Market Watch 28 Sep 2023
... year due in part to new acquisitions and increased marketing spending, and said it may need to raise extra funds if business doesn't improve.

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File - The President of the People's Republic of China, Xi Jinping, speaks during a BRICS forum in Brasilia, Brazil, 13 November, 2019.
Creative Commons / Marcos Corrêa/PR
FILE - Divers look for flood victims in the city of Derna, Libya, Sept. 18, 2023. The devastating storm that dumped torrential rains along the Libyan coast this month was up to 50 times more likely to occur and 50% more intense because of human-caused climate change, according to an analysis released Tuesday, Sept. 19.
AP / Yousef Murad, File
Nadine Menendez, leaves federal court with Sen. Bob Menendez, Wednesday, Sept. 27, 2023, in New York. Menendez and his wife pled not guilty to federal charges alleging he used his powerful post to secretly advance Egyptian interests and carry out favors for local businessmen in exchange for bribes of cash and gold bars.
AP / Jeenah Moon