Latest News for: Acquisitions fund

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Costamare joins dry bulk rush with acquisition of 16 vessels

Splash24/7 15 Jun 2021
New York-listed Greek boxship owner Costamare has joined the growing number of shipowners taking advantage of the strong dry bulk market with the acquisition of 16 bulkers ... “We are pleased to announce the acquisition of dry bulk vessels ... The acquisitions will be funded by a mix of cash on hand and commercial bank debt.
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K3 Capital beats consensus market expectations following strong year

The Business Desk 15 Jun 2021
Alongside the transformational acquisitions of ... In addition, shortly before the end of the financial year, the group announced that it had agreed maiden debt facilities of £15m, which remain undrawn and give the company greater flexibility in funding future bolt-on acquisitions.
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To the moon? Investors can have a slice of the space tech industry as a ...

The Daily Mail 15 Jun 2021
The new trust will acquire a portfolio of 19 seed assets from the Seraphim Space Fund ... Aviva sacks top fund managers to cut costs ... It has been backed by funding from the Government and plans to merge with a special acquisition company ... In March it also announced plans to go public through a merger with a special acquisition company ... £1.50 fund dealing.
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India-related SPAC raises $170mn on Nasdaq

The Times of India 15 Jun 2021
Private equity veteran Rohan Ajila and Manipal Technologies chairman Gautham Pai’s consumer sector focused SPAC (special purpose acquisition company) has raised $170 million in an IPO in the US. This probably marks the first fund raise by an India-related SPAC.
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Investor takes £160m stake in ThinCats

The Business Desk 15 Jun 2021
WCP shares our vision to deliver real scale of funding to UK SMEs. “Mid-sized businesses are feeling more confident as the economy recovers from the pandemic and are looking to rebuild working capital and expand either organically or through acquisition.
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SGX Nifty down 5 points; here's what changed for market while you were sleeping

The Times of India 15 Jun 2021
This probably marks the first fund raise by an India-related SPAC. The SPAC, called Global Consumer Acquisition Corp, is listed on Nasdaq ... Capital market regulator Sebi plans to build a dedicated framework on Special Purpose Acquisition Companies to allow such ‘non-operational’ entities to also raise funds in initial share sales and list locally.
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Sebi plans to build a dedicated framework for SPACs in India

The Times of India 15 Jun 2021
Mumbai. India’s capital-markets regulator plans to build a dedicated framework on Special Purpose Acquisition Companies (SPAC) to allow such ‘non-operational’ entities to also raise funds in initial share sales and list locally ... “Some Indian companies have raised funds through SPAC but some issues remain.” ... .
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Automotive marketplace Carro hits unicorn status with $360M Series C led by SoftBank Vision Fund 2

Crunch 15 Jun 2021
... Vision Fund 2 ... The company’s latest funding will be used to fund acquisitions, expand its financial services portfolio and develop its AI capabilities, which Carro uses to showcase cars online, develop pricing models and determine how much to charge insurance policyholders.
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We are not funding SAA, says PIC

Independent online (SA) 14 Jun 2021
The Public Investment Corporation has disputed media reports that its funds would be used for the acquisition of a 51% stake in SAA. “The PIC noted media reports and comments by some public figures insinuating that PIC funds will be used for the acquisition of a 51% stake in the South African Airways,” the corporation said.
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Schwab Reports Monthly Activity Highlights

The Marshall News Messenger 14 Jun 2021
Net new assets excluding mutual fund clearing totaled $27.9 billion.Total client assets were $7.40 trillion as of month-end May, up 84% from May 2020 and up 1% compared to April 2021 ... Year over year comparisons are affected by the close of the TD Ameritrade acquisition on October 6, 2020 ... Mutual Fund and Exchange-Traded Fund ... Mutual Funds (10).
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PIC says it is not funding Takatso’s takeover of SAA

Business Day 14 Jun 2021
The 51% acquisition by Takatso consortium is not funded by public servants pension funds, according to the ...
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Clinton pool planned to be smaller, more ADA accessible; splash pad

Oakridger 14 Jun 2021
The LPRF program provides state funding for the purchase of land for parks, natural areas, greenways and recreational facilities ... The RTP is a federally funded, state administered grant program, providing funds for land acquisition for trails, trail maintenance, trail construction, trail rehabilitation, and trail head support facilities.
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DNA Payments Group Secures £100 Million in Funding

Finance Magnates 14 Jun 2021
DNA Payments is also planning to make new acquisitions ... The recent announcement from DNA Payments came after Klarna, the Sweden-based financial technology firm, raised $639 million in a funding round led by SoftBank’s Vision Fund 2. Klarna received a valuation of $45.6 billion.Product Expansion and Acquisitions.
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Booz Allen Hamilton Completes Acquisition of Liberty IT Solutions, LLC

The Marshall News Messenger 14 Jun 2021
government shutdowns as a result of the failure by elected officials to fund the government; failure to comply with numerous laws and regulations, including, but not limited to, the Federal Acquisition Regulation ("FAR"), the False Claims Act, the Defense Federal Acquisition ...
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Earthstone Energy Announces Eagle Ford Bolt-On Acquisitions of 1,150 Boepd

Killeen Daily Herald 14 Jun 2021
Earthstone funded the Eagle Ford Acquisitions with cash on hand and borrowings under its senior secured revolving credit facility ... the ability to complete the proposed Tracker Acquisition on anticipated terms and timetable; Earthstone's ability to integrate the assets acquired in ...
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