Latest News for: Acquisitions fund


Pendal Group, Parent Company Of J O Hambro Capital Management, Doubles U.S. Assets With Acquisition ...

Daily Times Chronicle 10 May 2021
This acquisition significantly broadens the range of product solutions we can offer clients via an expanded distribution network ... Good commented, "Cultural fit is crucial in fund management acquisitions, and both parties have put significant effort into considering compatibility, investment and client approach and alignment.".

JD Sports has acquired Manchester cult clothing brand Oi Polloi

The Business Desk 10 May 2021
Acquisition hungry retailer JD Sports has snapped up Manchester-based cult clothing brand Oi Polloi ... In recent years, it has grown its presence with several high-profile acquisitions including Liam Gallagher’s Pretty Green brand when it went into administration, and more recently it acquired US sportswear and footwear retailer DTLR for £360m.

Opinion: Doug Hamilton: Library funding is critical

Daily Camera 10 May 2021
our city sales tax revenues are too unstable to fund our library system ... Of that 3.86%, 2.07% is earmarked by voters for specific expenditures, like open space acquisition and maintenance.� This leaves our library to compete with all of the other city-funded projects and groups for the remaining 1.79%.

Byju’s opts for big buys to build a global edtech giant

Business Line 09 May 2021
Much of the company’s inorganic growth via acquisitions has been through Raveendran’s nearly $2.3-billion fund raises since inception, from over 30 investors including Naspers, Lightspeed Venture Partners, Tiger Global, Aarin Capital, General Atlantic, Tencent, Sequoia and Qatar Investment Authority.

Grant funds for women veterans

Odessa American 09 May 2021
Grant funding may be used for the purchase of machinery, equipment or technology; acquisition of new inventory or raw materials; purchase and installation of fixtures or display units; property improvements; marketing; or other business-related activity that is aligned with the purpose of the program.

Wall Street braces for $45 billion of high-grade deals on tap

Business Line 09 May 2021
Chemical products manufacturer Polar US Borrower LLC is expected to price its $300 million senior unsecured junk bonds on Tuesday, while a $450 million deal to help fund the acquisition of Club Car by Platinum Equity from Ingersoll Rand may price on Thursday.

Some Startups Went From Rescue PPP Loans to SPAC Windfalls

Wall Street Journal 09 May 2021
More than 30 venture-funded tech startups with valuations of more than $150 million announced a deal with a special-purpose acquisition company, or SPAC, within about a year of receiving taxpayer-funded forgivable ...

Saudi Arabia's Almarai acquires additional 15% stake in Modern Food Industries for $40m

The National 09 May 2021
The diary company said it used its operating cash flow to fund the acquisition, with the financial impact expected to be reflected in its next quarterly results ... The region's food and beverage companies are increasingly evaluating acquisitions to drive growth, diversify their ...

More than 50 House Democrats have signed a letter supporting $8 billion to replace USPS ...

Business Insider 09 May 2021
"To ensure that any federal funding appropriated to the Postal Service for fleet acquisition is used appropriately, we would also include a requirement in legislation that at least 75% of the Postal Service's new fleet must be electric or zero-emission," says the draft letter, which was obtained by the Post.

After a record 22 'billion dollar disasters' in 2020, it's time to overhaul US disaster ...

Hastings Tribune 09 May 2021
Without careful oversight, disaster funds can end up being spent on ineffective projects or not spent at all ... FEMA and HUD both fund property acquisitions to support flood risk reduction, but their funding programs work on different timelines, which can complicate local officials’ efforts ... The Department of Education funds the reopening of schools.

Vaccines will not inoculate investors against the danger of an ‘epic bubble’

The Observer 09 May 2021
The numbers were far better than expected. 90% efficacy in preventing Covid ... In the UK, the FTSE 100 index is up 15% at 7130 ... That hope is not unreasonable ... enormous daily movements in cryptocurrencies; the frenzy for Spacs, or special purpose acquisition companies; January’s flashmob fun at GameStop; and the blow-up at the Archegos hedge fund ... .

Wilsonville battery maker ESS will go public in deal that values the business at $1.1 billion

The Oregonian 08 May 2021
The company said Friday that it plans to trade its stock on the NASDAQ exchange through a deal with an investment fund, ACON S2 Acquisition Corp ... ESS is going public through an acquisition by a “special purpose acquisition company,” which is essentially an investment fund looking for promising opportunities.

State acquires Huckleberry Mountain property in Warren County

The Daily Gazette 08 May 2021
“Through the Environmental Protection Fund, New York state continues to invest in land acquisitions that conserve open space and preserve the natural beauty of this great state for future generations to visit and enjoy,” Cuomo said ... We commend the Open Space Institute for their partnership on this important acquisition.”.