Most brokers look forward to starting their dream team. Unfortunately, most of them are unaware that there is more to recruiting than meets the eye. To establish a great real estate dream team, you need to be a strong leader with a sense of purpose, and putting together a group that understands your vision takes…
Alstom to supply up to 40 Coradia Stream electric trains in Romania
PARIS: FRANCE: Alstom and the Romanian Railway Reform Authority (ARF) have signed a contract for the delivery of 20 Coradia Stream inter-regional trains and associated 15-year maintenance services. The value of the contract is estimated at €270 million. These trains will be the first passenger trains provided by Alstom for operation in Romania. The contract can…
SS&C completes acquisition of Hubwise Securities Limited
WINDSOR: SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced it has completed its acquisition of Hubwise Holdings Limited (“Hubwise”). Hubwise is a regulated B2B investment platform serving advisers, discretionary wealth managers and self-directed digital D2C propositions. “We are pleased to announce the completion of this strategic acquisition for SS&C,” said Bill Stone, Chairman and CEO. “The partnership…
Co-op Group CEO Steve Murrells to step down in May
LONDON, UK: The Co-operative Group has announced that its Group CEO, Steve Murrells will step down following this year’s AGM in May. At the same time the Board has chosen to appoint Shirine Khoury-Haq, Group CFO and CEO of Co-op Life Services as its Interim Group CEO. Commenting, Co-op CEO Steve Murrells said; “It is important…
Coworking space startup, Colabs, secures $3 million in seed funding
LAHORE, PAKISTAN: Coworking space startup, Colabs, has secured $3 million in seed funding in a round led by Indus Valley Capital, Zayn Capital and Fatima Gobi Ventures. Colabs co-founder and CEO Omar Shah, a former investment banker, told TechCrunch, ‘We realized that people setting up operations in Pakistan need other services; they need help to set up companies,…
Anglo American completes sale of remaining shareholding in Thungela Resources
LONDON, UK: Anglo American plc has announced the sale of the group’s remaining 8.0% shareholding in Thungela Resources Limited through an accelerated book build placing to a number of major financial institutions, realising gross proceeds of R1,672 million (approximately US$115 million). The Thungela shares were placed at a price of R154 per share, representing a…
AQRU plc forms partnership with Maple Finance
LONDON, UK: AQRU plc (AQSE: AQRU), an incubator specialising in decentralised finance (DeFi), has entered into a partnership with Maple Finance, an institutional lending platform in the DeFi sector, to offer AQRU customers access to enhanced yields in decentralised finance. Maple Finance facilitates uncollateralised and partially collateralised loans to leading cryptocurrency institutions that wish to…
Brookfield’s Bidco to acquire Irish Hibernia REIT for €1.089bn
LONDON, UK: Benedict Real Estate Bidco Limited, a subsidiary of one of Brookfield’s real estate private funds, has agreed to acquire entire share capital Hibernia REIT plc at the rate of €1.634 for each Hibernia REIT share. The acquisition values the entire issued and to be issued share capital of Hibernia REIT at approximately €1.089…
Aquila to acquire 100 MWp solar PV portfolio in Spain
LONDON, UK: Aquila European Renewables Income Fund plc (AERIF), advised by Aquila Capital Investmentgesellschaft mbH, announced that its wholly owned subsidiary has entered into a sale and purchase agreement to acquire 100% of a 100 MWp solar PV portfolio (Greco) currently under construction in Spain. The Greco portfolio consists of two assets which are located…
Allfunds Group negotiating potential acquisition of Web Financial Group
AMSTERDAM: Allfunds Group is negotiating the potential acquisition of the entire share capital of Web Financial Group under an exclusivity agreement. No binding agreement has yet been reached. Allfunds is in the process of completing its confirmatory due diligence and negotiating the final terms of the transaction, including the purchase price of approximately €150 million….
VVV Resources to acquire Anthony Vartkes Resources
LONDON, UK: VVV Resources Limited (AQSE: VVV) has signed a conditional Share Purchase Agreement with CASS FZE, and Stella Investments Limited to acquire 100% of the entire issued share capital of Anthony Vartkes Resources Limited (AVRL), a BVI-registered company. On completion of the Share Purchase Agreement, VVV Resources, will hold a 100% interest in the…
iomart Group announces partnership with e2e-assure
LONDON, UK: iomart Group plc (AIM: IOM), the cloud computing and managed services company, announced a new partnership with e2e-assure, the cyber security specialists. The agreement combines iomart’s cloud infrastructure expertise with an independent, state of the art cyber defences team to provide security operations centre (SOC) and proactive response service to the UK market….