Europe

Headlines

The iPhone is offically the greatest gadget of the last 80 years

The iPhone is officially the greatest gadget of the last EIGHTY years, according to a nationwide study. Researchers polled Britons of all generations and asked them to vote the inventions (big and small) that they could not have lived without, with the iPhone - created by Apple and English designer Jonathan Ive, proving the most popular for both young...

Private debt, the hunt for yield and rise of secured loan notes

In an uncertain investment climate, secured loan note programmes have emerged as a promising form of private debt to marry growth companies starved of traditional bank funding with a widening pool of HNWs, family offices and institutional investors all hungry for yield, writes Angus Grierson, Managing Director, LGB Corporate Finance As traditional...

Cavendish the leading sell-side M&A house further strengthens its team with the appointment of Jon Edirmanasinghe to partner

Appointment will help Cavendish better advise its clients and enhance the firm’s ability to capitalise on M&A opportunities going forward Cavendish Corporate Finance LLP, the UK’s leading sell-side M&A advisory firm, today announces the promotion of corporate finance professional Jon Edirmanasinghe to Partner. Jon covers a variety of sectors...

FTSE 350 companies urged to fill senior positions with more women to make uk a world leader on gender diversity

Sir Philip Hampton today urged businesses to renew their commitment to diversity, extending a target to all FTSE 350 companies of filling one third of their senior leadership positions below board level with women                       Review finds FTSE 100 companies are on track to meet...

SANNE appoints new Director of Global Facilities

SANNE has appointed a new Director of Global Facilities to support the ongoing enhancement of their growing services and strategic development.Stuart Harris joins SANNE and will drive the strategic direction of facilities management across the 15 jurisdictions in which SANNE operate. He brings with him 30 years of experience that has included the management...

Legal

Seedrs launches programme for financial intermediaries following record breaking Q3

The programme introduces wealthy individuals to early stage equity deals on Seedrs via their accountants, brokers and financial consultantsOver £3.6bn was invested into equity deals in the UK last year showing an increased appetite for startup investing45% of angels interviewed by the UKBAA about their early stage equity investments reported...

​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...

Deals

Zephyr Western Europe Report, October 2017

Western European M&A value rebounds in August, despite declining volumePE and VC volume and value decline month-on-month and year-on-year Western Europe saw an uptick in mergers and acquisitions (M&A) value in October 2017, according to information collected by the leading M&A database Zephyr. Value increased by 13 per cent from EUR 67,151 million...

European Process Plant completes Vendor Initiated Management Buy Out

Epsom-based European Process Plant Ltd (EPP) has completed a vendor initiated management buyout (VIMBO) with financial backing received from Allied Irish Bank (GB). Allied Irish Bank (GB) has structured an undisclosed funding package to support the VIMBO led by Managing Director Steve Merritt and his team Stewart Morris, Melissa James and Roger Mott...

Maven invests £3million in Altra Consultants Limited

Investment will fund the build out a new multi-line insurance broking business and enable the expansion and strengthening of the core and senior management teams Maven Capital Partners (“Maven”), one of the UK’s most active private equity houses, is pleased to announce a £3million investment in Altra Consultants Limited (“Altra”)...

Maven exits Crawford Scientific with 4.7x return following sale to Limerston Capital

Maven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has exited its investment in Crawford Scientific (“Crawford”), a leading supplier of chromatography products and analytical services to the laboratory research and testing sectors, following its sale to Limerston Capital Partners I, LP (“Limerston”)....

Tighter Rules for Foreign M&A

UK remains M&A leader across Europe despite political uncertainty The first half of 2017 saw 780 deals take place in the UK and neighbouring Ireland - the highest level in Europe Foreign buyers accounted for nearly half (49%) of deals Business services was the strongest sector comprising nearly 40% of all deals Despite a period of uncertainty...

Acq Lite

Florida woman finds iguana swimming in toilet

Nov. 22 (UPI) -- A Florida woman with a fear of lizards came face to face with her phobia when she looked into her toilet and discovered a spiny tail iguana.Dani Craven said she was cleaning her toilet Monday evening when she encountered the lizard."I didn't know what it was at first, so I instantly screamed and my 9-year-old daughter come running in...

Animal rescuers rappel over cliff to reach stranded house cat

Nov. 22 (UPI) -- Animal rescuers in Los Angeles came to the rescue of an indoor cat that escaped its home and ended up stranded halfway down a 100-foot cliff.The Los Angeles Animal Services' Specialized Mobile Animal Rescue Team shared a video of the early November rescue of Zion, an indoor cat that ran out of its family's home during a party.Zion managed...

Brave passenger makes quick work of snake on commuter train

Nov. 22 (UPI) -- A snake found stowing away on an Indonesian commuter train was quickly dispatched by a fearless passenger in an incident caught on camera.The video, recorded Tuesday aboard a KRL Commuterline train from Bogor to Angke, in Jakarta, shows passengers scrambling to get away from the snake slithering around the overhead area.A passenger...

California deputy chases bears away from Taco Bell

Nov. 22 (UPI) -- A California sheriff's office shared video of a deputy chasing a trio of bears away from a Taco Bell and a CVS store at a shopping center.The Pacer County Sheriff's Office posted a video to Facebook on Tuesday that was recorded by Deputy Nevins when he spotted the three bears hanging out at the Lighthouse Center shopping center in Tahoe...

Farmer films monkey grooming dog through fence

Nov. 21 (UPI) -- A farmer in Vietnam captured video of a monkey reaching out through a chain-link fence to groom a particularly patient dog.The video, filmed at a farm in Ha Tinh, shows a monkey in a chain-link enclosure reaching out through the metal wires to pick flees off one of its canine cohorts.The dog patiently stands still as the monkey picks...