Europe

Headlines

​Equiniti International Payments strengthens team with six hires across the business

The leading global payments provider, Equiniti International Payments, has appointed six new members of staff as it drives forward further growth across the business.Aftab Baig joins the global payments provider as Head of FinCrime Compliance (Interim), and reports into Nick Pedersen, Managing Director. Thomas Campbell joins as Business Development...

Tikehau Capital celebrates successful listing on Euronext Paris

Market capitalisation €1.5 billionEuronext today welcomed asset management and investment group Tikehau Capital’s listing in Compartment A of its regulated market in Paris. Tikehau Capital was founded in Paris in 2004 and manages assets totalling nearly €10 billion. It has built its growth on four asset categories: private debt, real estate,...

Analysis: The Hottest Sector for Late Stage Tech​ Investing in Europe is Non-Tech

Investments masquerading as tech disguise the fundamental weakness of Europe’s late stage funding rounds.Only 20 real tech companies in Europe get crucial late stage funding each year.Europe is much further behind the US in late stage tech investing than it appears, according to analysis by Magister Advisors. Late stage tech funding is far behind...

Exclusive research reveals mass shareholder frustration post-Brexit

Nearly two million UK shareholders clueless on the value of their shares, ignored by the companies they back and trapped by lack of equity releaseNo transparency, no communication – mass frustration as UK shareholders let down by poor investor relationsAsset Match has surveyed 2,000 UK adults, revealing the widespread feelings of discontent being...

​Nearly half of UK investors POSITIVE about Brexit, two fifths fearful of Trump and a staggering 73% lack faith in Theresa May Seven million investors believe UK entrepreneurs will drive the economy back to strength

New research among 1,000 UK investors by IW Capital uncovers the true impact of 2016’s triple threat of political shocks and their direct effect on the UK investor community, finding: 2.21 million investors are entering 2017 with a greater risk appetite, thus seeking new investment classesOne in ten investors feel the shock political events of 2016...

Legal

​Lamont Pridmore warn high earners about HMRC raids

Higher rate taxpayers have been warned by leading Cumbrian accountants Lamont Pridmore to be vigilant over their tax affairs.The warning comes after new data from HM Revenue & Customs (HMRC) shows that its Affluent Unit took an additional £438 million pounds of high earners.Off the back of this success the Unit, which investigates the tax affairs of...

A Legal Perspective on the Government’s Brexit White Paper

Following pressure from sections of Parliament and the public, Theresa May’s government has published a 77-page white paper document to set out a strategy for leaving the EU. But what does it add to what we already know? Stephen Chater, a solicitor at Postlethwate Solicitors, member firm of the UK200Group, explains.The UK200Group is the UK’s leading...

​32% law firms see private equity as a principal source of external funding

With growing competition from niche firms, law practices are actively seeking targeted acquisitions to scale-up in chosen disciplines.  32% see private equity as a principal source of external funding. Niche law firms seen as greatest source of competition. 59% of firms report a rise in competitive pressure. There is a sharp increase...

​Shoosmiths continues South East expansion with partner hires

National law firm Shoosmiths has further strengthened its corporate team with the appointment of two new partners into the South East offices.Amit Nayyar joins Shoosmiths from Hogan Lovells where he was a leading corporate partner. Previous to this, Amit has held positions at White & Case and Pinsent Masons. Based out of Shoosmiths’ Milton Keynes...

Proskauer, Loeb & Loeb, Cooley Bring NHL to Las Vegas

Ice hockey in the desert might have somewhat of a checkered history in the National Hockey League, but three Am Law 200 firms are advising on a $500 million deal announced late Wednesday to bring a professional hockey franchise to Sin City. Read More

Deals

​Consortium announces investment in Thames Water

Borealis Infrastructure (“Borealis”), the infrastructure investment manager of OMERS, and Wren House Infrastructure Management Limited (“Wren House”), the infrastructure investing arm of the Kuwait Investment Authority, (each a “Consortium Member” and collectively the “Consortium”), are pleased to announce that they have agreed to acquire...

​Aquila Capital expands Nordic portfolio with acquisition of wind project in Finland

Aquila Capital is expanding its portfolio in the Nordics with the acquisition of its first project in Finland, a wind farm with an installed capacity of 14.4 MW on the coast near Kokkola.The Windpark Ykspihlaja includes four Nordex N131/3600 turbines and is in one of Finland’s most favorable locations with an average wind speed of 7.7 meters/second....

New ONS M&A report shows increase international deals in the UK hit record levels

Livingstone has just released its 2014-2016 Global M&A deals Tracker (attached) which breaks down the volume of international M&A deals. Stats include the following;Chinese acquisitions of UK companies increased by 215% in the period 2014-2016, although they account for only one in 20 international acquisitions in the UK marketplace;US investors remain...

​Maven Capital Partners completes £6.5 million MBO of Healthpoint Limited

Funding package will enable Healthpoint to drive growth through new product development and further penetrate grocery multiples, value retailers and export marketsMaven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has completed a £6.5 million management buy-out of Healthpoint Limited (“Healthpoint”), which...

Advent International submits binding offer for STADA Arzneimittel Aktiengesellschaft to STADA management board

Cash offer of €58 per share – Premium of 66 percent compared to STADA’s stock price prior to the publication of share purchases of activist investorsSTADA shareholders will additionally benefit from the expected dividend payment in June 2017Decision of submission of identical public takeover offer to STADA shareholders subject to approval by the...

Acq Lite

Friends use slingshot to 'pass' a beer across Pennsylvania lake

April 25 (UPI) -- A group of friends visiting a small Pennsylvania lake used a homemade slingshot to "pass" a beer to their friend on the other side of the water.The video, recorded at the shore of a small lake in Grove City, shows three men operating the homemade slingshot, made from surgical tube, to launch a can of beer.The beer flies across the...

Iowa soccer referee dodges the ball by doing the splits

April 25 (UPI) -- A referee at a girls' soccer championship game in Iowa avoided interfering with play by doing the splits and ducking under the ball.A video posted to Twitter by Iowa Rush Soccer shows the referee observing play at the Iowa Rush Champions Cup during the weekend.The soccer ball flies straight toward the referee, who manages to get under...

Driver uses unusual method to tow boat on Florida highway

April 25 (UPI) -- A traveler on a Florida highway captured video of a boat being towed by balancing on a small platform instead of a wheeled trailer.The video, posted to Facebook by Kenneth Keegan, shows the Jeep traveling at a high speed Sunday in Hudson while toting a boat propped up at an angle on a small platform behind the vehicle.The platform...

Man celebrates 97th birthday by living firefighter dreams

April 25 (UPI) -- A Pennsylvania man celebrated his 97th birthday by fulfilling his lifelong dream of becoming a firefighter.Bill Grun, a resident at Wesley Enhanced Living in Doylestown, was treated to a birthday surprise Monday when the home contacted the Doylestown Fire Company and got them to send a crew and a truck to the celebration.Grun was treated...

Excavator trying to retrieve bulldozer gets stuck in Lake Michigan

April 25 (UPI) -- A Michigan beach was closed when an excavator trying to retrieve a bulldozer that fell into Lake Michigan ended up in the same predicament.Grand Haven Public Safety officials said the bulldozer was attempting to remove a fallen tree from the beach at Grand Haven State Park when it became stuck in the water about 1 p.m. Monday.An excavator...