The debt restructuring of Maquina de Vendas Group involves approximately R$3billion (approximately US$730 million) and is considered to be Brazil's largest ever debt restructuring by a retailer. Starboard's investment, in the amount of R$250 million (approximately US$61 million), will play a fundamental role in the debt restructuring of Maquina de Vendas Group. The investment, which […]
Since the California Supreme Court’s April 30, 2018 decision in (Dynamex), which set a new standard for determination of employee/independent contractor worker classification in the context of California Wage Orders, there has been a good deal of speculation and prediction about the potentially negative impact of the decision on the Gig economy and the freelancing […]
Avis Budget Group, Inc. (NASDAQ: CAR), a leading mobility solutions provider, announced it has acquired Turiscar Group a well established, family-owned, car rental company in Portugal. The acquisition will see Avis Budget Group bring on board this leading organisation in Portugal with two distinct brands: Turiscar, a well-respected rental provider primarily in the corporate market, […]
Ardian, a world-leading private investment house, announced that it has signed an agreement to acquire a majority stake in Inula Group from Vendis Capital, Dominique Baudoux (Founder & Chairman) and Sergio Calandri (CEO). Inula Group was created following the merger of Pranarôm and HerbalGem, two pioneering laboratories specialized in natural therapies, founded in 1985 and […]
Equistone Partners Europe (“Equistone”), one of Europe’s leading mid-market private equity investors, announced that it has invested in Wallenborn Transports alongside the company’s current President and CEO, Frantz Wallenborn. Founded in Luxembourg in 1920, Wallenborn Transports has since grown to become a leading provider of premium transportation services and one of Europe’s largest road feeder […]
Legal professionals are renowned for working hard and often have a healthy remuneration package to match too. But making sure that this income is maximised, and enough is set aside for retirement, is critical to achieving the lifestyle you want once you leave the profession. Here are four keys steps that will help you get […]
Coface announced that it has signed a binding agreement with SID Bank, a Slovenian public bank, to acquire 100% of PKZ capital, a credit insurance subsidiary of SID Bank. Created by SID Bank in 2005, PKZ is the market leader in credit insurance in Slovenia, with a strong market share. In 2017, the company recorded […]
Under the FTC Act (the “Act”), the FTC tasks brands, influencers, and possibly their agencies and PR firms with ensuring that influencers disclose any "material connection" to a brand with which an influencer has a relationship. It’s basically a social media form of “truth in advertising,” to assure consumers are aware when an influencer is […]
In fact, 20%[1] of Google’s workers protested from around the globe, from Tokyo setting precedent, all the way to Berlin, it was estimated that more than 1,500 employees - mostly women - walked out from more than 60% of Google’s offices at 11:10AM[2]. Why were they protesting? Well, it may have been a shock to […]
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