Europe

Headlines

Augusta raises additional $115m for litigation and dispute funding

Investment in response to growing demand from lawyers Augusta, the UK’s largest litigation and disputes funder by case volume announces it has raised a further US $115m from a multi-billion-dollar US-based investment manager. In 2018, Augusta secured £150m from a global investment fund, to finance business growth and investment in funding cases....

An affiliate of Sun European Partners announces that it has completed the sale of Famosa

Sun European Partners, LLP (“Sun European Partners” or “Sun”) today announces that one of its affiliates has completed the sale of Fábricas Agrupadas de Muñecas de Onil, S.A. (“Famosa” or “the Company”), a leading designer, developer, manufacturer and distributer of toys in Spain and throughout the world, to Giochi Preziosi S.p.A..  Famosa,...

Huge Tax Changes for Self-Employed Following Publication of New Legislation

On 11 July 2019, the Government published draft legislation outlining the IR35 changes coming to the private sector, which are expected to affect 250,000 businesses. The reform will impact users and suppliers of personal service company contractors in the private sector. Companies have only nine months to plan for the new off-payroll changes, as they...

Young people pick their banking partners for the future

Battle of the brands Generation Z calls the brands it will bank on in 2030 Britain Banks most trusted for handling payments and safe storage of dataTech brands first choice for creating smart, real-time servicesAs a sector, financial services scores poorly for ethics and positive social impact More than two in five young people (43%) believe that...

Alcentra Closes Significant Capital Raise for its European Direct Lending Strategy

Record €5.5 billion raise reflects strong investor demand, Alcentra’s track record of deployment and returns Alcentra, one of Europe’s largest and longest tenured managers of private debt and part of BNY Mellon Investment Management, has announced the close of its latest European direct lending capital raise. The firm has raised €5.5...

Finance

Einigung über Wandteppich im Schloss Vianden in Luxemburg

Der flämische Wandteppich „Begegnung der Königin von Saba und König Salomon“ aus dem 17. Jahrhundert, der in der Nazizeit aus jüdischem Besitz zwangsversteigert wurde, hat seine endgültige Heimat gefunden. Die Erben der rechtmäßigen Eigentümerin Emma Budge wurden entschädigt.Read More

Schnell, sicher und umweltfreundlich von Tschechien nach Polen

Die Zugstrecke von Dětmarovice über Petrovice u Karviné an die tschechisch-polnische Grenze wird saniert – schon in zwei Jahren werden Bahnreisen von der Tschechischen Republik nach Polen schneller, sicherer und umweltfreundlicher.Read More

EIB begrüßt Startschuss zur Europäischen Rohstoffallianz

On 29 September, EIB Vice-President Ambroise Fayolle took part in the launch of the European Raw Materials Alliance. The creation of this industry-driven alliance is part of the European Commission’s Action Plan on Critical Raw Materials to reduce Europe’s dependency for non-energy raw materials used in industrial value chains through exploration,...

Rettet den Aralsee!

Was mit dem Aralsee passiert, gehört zu den größten menschengemachten Umweltkatastrophen unserer Zeit. Mehr als 33 Millionen Menschen sind unmittelbar von den verheeren ökologischen und wirtschaftlichen Auswirkungen in der Region betroffen. Die Lage ist ernst, aber noch sind die Schäden nicht irreparabel. Deshalb hat die...

Präsident Hoyer begrüßt slowakischen Finanzminister Heger als Vorsitzenden des Rates der Gouverneure und kündigt neue Förderung für Energieeffizienz an

EIB-Präsident Werner Hoyer hat heute Eduard Heger, den stellvertretenden Ministerpräsidenten und Finanzminister der Slowakei, als neuen Vorsitzenden des Rates der Gouverneure der Europäischen Investitionsbank (EIB) begrüßt.Read More

Legal

67% of law firms say skills shortages threaten growth

Despite the ongoing environment of geopolitical uncertainty, UK law firms remain optimistic about their growth prospects. That’s according to new research from specialist recruiter, Clayton Legal , which reveals that 66% of firms are looking to increase headcount over the next twelve months to contend with increased demand for their services. The...

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...

Deals

Hudson Announces Date for Third Quarter 2020 Trading Update

EAST RUTHERFORD, N.J.--(BUSINESS WIRE)--Hudson (NYSE: HUD), a North American travel experience leader with more than 1,000 stores in airports, commuter hubs, landmarks and tourist destinations, today announced that it will provide a trading update for the third quarter and nine months ended September 30, 2020 before the market opens on Tuesday, November...

Resource Label Group Acquires McDowell Label

FRANKLIN, Tenn.--(BUSINESS WIRE)--Resource Label Group acquires Dallas based McDowell LabelRead More

Avtex Acquires Aria Solutions

MINNEAPOLIS--(BUSINESS WIRE)--Avtex, a customer experience (CX) consulting and technology company, announced today its acquisition of Aria Solutions, a leader in contact center and customer experience solutions based in Calgary, Alberta, Canada. Founded in 1997, Aria Solutions was one of the first system integrators in North America for Genesys®, the...

Teleperformance Agrees to Acquire Health Advocate

PARIS--(BUSINESS WIRE)--Regulatory News: Teleperformance (Paris:TEP), a leading global group in digitally integrated business services, announced today that it has entered into a definitive agreement to acquire Health Advocate from Intrado Corporation, a global leader in technology-enabled services and portfolio company of funds managed by affiliates...

FBN Canada Acquires Canadian Seed Research and Development Leader Haplotech

SAN CARLOS, Calif. & CHICAGO--(BUSINESS WIRE)--Farmer’s Business Network, Inc. (FBN®), the leading direct-to-farm ag tech platform and farmer network, today announced the acquisition of Haplotech Inc., a Winnipeg-based market leading provider of research, technical and consulting services in seed breeding. FBN Canada, a wholly-owned unit of FBN,...

Acq Lite

How women can secure the investment they deserve

Women don’t ask for the investment that they need for their businesses; here is how to ask for more money and how to get it Earlier this year, the Treasury published its statistics on venture capital funding highlighting that within the UK, only 1p out of every £1 of venture capital goes to women-led start-ups. Comparatively, all-male founding...

Curious quokka licks cyclist's pedals in Western Australia

March 9 (UPI) -- A cyclist taking a break in Western Australia captured video of a curious quokka licking the pedals of her bicycle.Shannon Ducker said she was taking a break from cycling on Rottnest Island when the quokka approached her bicycle and started licking the pedals.Ducker captured video as the apparently hungry animal enjoyed the taste of...

Truck loses, drags two wheels on Oregon road

March 9 (UPI) -- A driver on an Oregon road captured video of a semi truck that somehow lost two wheels on a city road and dragged them for several yards.The video, filmed Monday on a street in Cornelius, shows the semi driving on a slow speed while dragging two wheels that somehow became separated from its trailer.The wheels drag behind the truck until...

Cat credited with rescuing Pennsylvania couple from fire

March 9 (UPI) -- A Pennsylvania couple's pet cat is being hailed as a hero after alerting its owners to a late night fire that started inside their home.The McKeesport Fire Department said the couple were in bed about 1:30 a.m. Friday when their cat alerted them to something amiss inside their home."Fortunately, both were in bed at the time, and the...

IHOP announces breakfast-themed PancakeWear clothing line

March 9 (UPI) -- Restaurant chain IHOP announced the debut of its breakfast-themed clothing line, PancakeWear, created to benefit a children's charity.The eatery announced it will soon be offering onesies, loungepants and socks in adult and child sizes featuring breakfast-themed prints."The ultra-comfy PancakeWear by IHOP collection is the perfect accessory...