Fortis Health Care has acquired 51% economic interest in Fortis Hospotel Limited by way of acquiring compulsorily convertible debentures from Fortis Global Healthcare Infrastructure Pte Ltd. The acquisition transaction was subject to approvals from shareholders, Singapore Exchange Securities Trading Ltd and unit holders of Religare Health Trust and has now been closed after obtaining these […]
Nearbuy, an Indian deals and discounts website has raised venture debt of Rs 15 crore (about $2.25 million) from Blacksoil Capital Pvt. Ltd., a non-banmking financing company. The online discount and deal promoter will use the capital to invest in customer and merchant tech. The last transaction by Nearbuy was in August 2015, when Groupon […]
Shop Apotheke Europe N.V., one of the leading online pharmacies in Continental Europe focused on non-prescription, over-the-counter (OTC) medication and pharmacy-related beauty and personal care (BPC) products, recently announced its Initial Public Offering (IPO) in Frankfurt. The Company operates in Germany, Austria, France, Belgium, Spain, Italy and the Netherlands. The offer consists of up to […]
Swiss and German start-up FinanceFox has recently revealed a massive $28 million Series A funding round, led by Target Global and Horizons Ventures. This is one of the latest investments in a growing trend of so-called ‘insurtech’ companies that are starting to eat away at the share of venture capital going to finance start-ups. The […]
UK based Central Accident Management Services (CAMS) recently secured £700,000 in funding, after which it has been able to buy the land it is based on in Birmingham, and create new jobs within the firm. The land it has bought, a 2.5-acre site in Small Heath, has enabled previous rent sped to be allocated to […]
Looking at another nation in the Middle East, our next thought leader explains why mergers are moving the UAE’s M&A landscape forward and are set to boost FDI throughout 2017. Dr. Habib Mohamed Abdullah, Managing Partner of Middle East Alliance Legal Consultancy (MELF), here talks to Lawyer Monthly about the prospects of further M&A operations […]
Lobbying for a more favourable and FDI enabling business environment, this thought leader believes that often South Africa is perceived as an onerous location for operations, and intends to change that view. Talking to Lawyer Monthly about the various challenges the South African M&A landscape encounters daily is Bartlett Hewu of Hewu Attorneys. Here he […]
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