Hyundai Motor America Reports August Sales
Hyundai Motor America today reported August sales of Hyundai and Genesis branded vehicles of 54,310 units, a 25 percent decline compared with the company's best all-time August in 2016. The monthly sales decline continues...
Humatics Corporation Raises $18 Series A Financing Led By Fontinalis Partners
Breakthrough microlocation system and analytics software comprise a Spatial Intelligence Platform™ that will revolutionize how people and machines locate, navigate and collaborate Humatics Corporation, the company developing breakthrough "microlocation" products, today announced the completion...
Saxo Bank publishes H1 2017 results
Saxo Bank Group (“The Group”) has reported a net profit of DKK 229 million for the first six months of 2017, an increase of 45 per cent compared to the first half of 2016....
Toys R Us files for bankruptcy protection
Toys R Us has filed for bankruptcy protection in the US, undone by a hefty debt load and the rapid shift to online shopping.The bankruptcy filing helps the Wayne New Jersey-based toy retailer...
Open-Ended Fund Companies: Hong Kong Style
In March of this year, the Hong Kong government issued an industry consultation paper (Proposal) introducing a new regime for establishing Hong Kong-domiciled open-ended fund companies (OFCs) that might be structured as investment funds....
Dunkin’ Brands Announces Refinancing Transaction
Dunkin' Brands Group, Inc. (the "Company"), the parent company of Dunkin' Donuts (DD) and Baskin-Robbins (BR), today announced that certain of its subsidiaries intend to complete a recapitalization transaction, which will include the refinancing of...
MBOs numbers fall as Brexit uncertainty grows
The number of management buyouts (MBOs) in the UK has fallen again over the last year as Brexit-related caution grows, says accountancy firm Moore Stephens.According to Moore Stephens, only 80 MBOs took place...
Starbreeze Approved for Listing on Nasdaq Stockholm
The Nasdaq Stockholm Listing Committee has approved the admission of the Starbreeze share to start trading on Nasdaq Stockholm.The approval is conditional upon meeting certain conditions, including approval and registration of the...
Teva to offload assets
Teva Pharmaceutical Industries is selling its intrauterine device manufacturing business ParaGard to Cooper Companies for USD 1.10 billion as it seeks to raise money to reduce debt. The deal is expected to close by...
Abris Capital Partners Secures €500m for Third Cee Mid-Market Fund
Abris Capital Partners, an independent private equity fund manager currently celebrating its 10th anniversary of investing in Central & Eastern Europe (CEE), has secured €500 million from international investors to support further investment in the region....
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