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...
Genesis Energy, L.P. Completes Acquisition of Tronox Limited’s Alkali Business
Genesis Energy, L.P. today announced that it has completed the acquisition of Tronox Limited’s trona and trona-based exploring, mining, processing, producing, marketing and selling business (the “Alkali Business”) previously announced on August 2, 2017....
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...
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....
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....
Three Drivers for Better Customer Relations in Financial Services
In today’s economy the financial sector is under ever increasing pressure from all angles. Consumers are insisting on better value; competition continues to rise as international and fresher, more digitally focused challengers enter...
Offshore Fund-Related Litigation
Litigation against directors, officers and professional service providers, following the collapse of offshore funds and collective investment schemes such as Madoff and Weavering, continues to proceed in a variety of jurisdictions, both offshore and...
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