Housing Development Finance Corporation (HDFC) — one of India’s largest mortgage lenders — raised a sum of ₹11,104 crores (approx. $1.75 billion) from ten marquee investors. The announcement comes less than a month after HDFC said it would raise ₹ 13,000 crores ($2 billion) to maintain its 21% stake in HDFC Bank, by investing in […]
Horizon Capital, a leading private equity firm in the region, announced today that Purcari Wineries PLC (Purcari) has completed its Initial Public Offering and commenced trading on the Bucharest Stock Exchange (BSE: WINE). The offering was well received, with retail investors oversubscribing more than four times over, despite heavy turbulence on global markets as the […]
WPP’s GroupM, the world’s leading global media investment group, announced it agreed to acquire leading digitally-led creative agency The Glitch in India. This acquisition will demonstrate the company’s growth plans in a technology-driven communication market. The Glitch will continue to operate as an independently positioned brand, while taking advantage of GroupM’s larger infrastructure and agency […]
In early January 2018, Credit Suisse entered into and disbursed a $96,875,143.00 loan to the Republic of El Salvador. The transaction proceeds were used to complete the country’s financing for fiscal year 2017. The Salvadoran team included officials from the Ministry of Finance, the Central Bank and the Office of the Attorney General, including Attorney […]
City of London law firm Druces has advised the Montreux Healthcare Fund PLC on its acquisition of Active Assistance, the leading provider of care and support for individuals with complex neurological conditions. Active Assistance provides specialist care to individuals with acquired brain injury and spinal cord injury in domiciliary and residential settings. It also owns […]
OriginTrail, a European IT company known for its traceability solutions, announced the completion of its Trace token (TRACE) sale, or initial coin offering (ICO), reaching the funding round’s hard cap of $22.5 million. The success of the ICO underscores the demand to make decentralized data exchange available to every organisation and enable mass adoption to […]
London-based recruitment specialist Citifocus has become the Financial Services arm of In Job Group, a global recruitment firm with offices in Europe, US and Asia.Citifocus’ areas of expertise range across a wide spectrum of the financial service sectors to include banking and fund management, complementing In Job’s existing global businesses. In Job Group was founded […]
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