A national trade association representing brewers, beer importers, and industry suppliers, The Beer Institute, has released the following statement lauding the introduction of the Craft Beverage Modernization and Tax Reform Act (S.236/H.R. 747) in both the US Senate by Senators Ron Wyden (D-OR) and Roy Blunt (R-MO) and the US House of Representatives by Representatives […]
Florida Petroleum Council (FPC) Executive Director David Mica has said that state Senator Dana Young's proposed legislation to ban oil and natural gas production is out-of-step with Florida consumers and families who are seeing the economic benefits of domestic energy development. "Our industry has a long history of providing environmental and economic benefits," said Mica. […]
China is the country where businesses face the most potent combination of corruption risk and difficulty in obtaining a clear picture of the local business environment, followed by Iraq and then Nigeria. This is according to new analysis from global risk consultancy The Risk Advisory Group which found that companies can expect to encounter more […]
We get the opportunity to speak to Chief Litigation Officer Leticia Piloto-Rodriguez, who reveals her secret to how she maintains her AV Preeminent® Rating. Providing in-house counsel to two upcoming companies: HotelPlanner and Meetings.com, Leticia speaks about the issues she deals with on a daily basis and how to avoid tarnishing relationships during money disputes. […]
KRUK closed the transaction to acquire Credit Base International S.r.l. - the company it has worked with for the past few months on portfolio valuations and debt collection on the Italian market. Acquisition and integration of the company with 34 staff members, will support the expansion of KRUK’s operations in Italy. The target company’s 2015 […]
Saint-Gobain Strengthens Its Positions in Flat Glass in Romania Saint-Gobain has acquired the entire share capital of Romanian company Pietta Glass Working, active in glass processing and insulating glazing systems for façade markets and certain industrial applications. Pietta Glass sales should reach €20 million in 2016, with a strong potential for growth over the next […]
BNP Paribas REIM SGR, on behalf of the Real Estate Fund ‘HITA1’ of Hayrish Italy, acquired from Banco Popolare Soc. Coop. the building located in via Bagutta 2 in Milan (called Garage Traversi), thus perfecting the first operation of the Fund's investment. The property was purchased for a total value of approximately €70 million with […]
Stellar Acquisition III Inc. (NASDAQ: STLRU) (the "Company" or "Stellar"), announced the pricing of its initial public offering of 6,500,000 units at a price of $10.00 per unit. The closing of the Company's initial public offering was consummated on or about August 24, 2016. Each unit consists of one share of the Company's common stock […]
Intesa Sanpaolo has entered into a sale-and-purchase agreement in respect of the sale of the total share capital of its subsidiaries Setefi and Intesa Sanpaolo Card to a wholly owned subsidiary of Mercury UK Holdco Limited (Mercury) for a counter value of €1,035 million in cash. Mercury, which already owns Istituto Centrale delle Banche Popolari […]
GoDaddy Inc. (NYSE: GDDY), the world's largest cloud platform dedicated to small, independent ventures, announced it has entered into a definitive agreement to acquire Host Europe Group (HEG) for €1.69 billion (US$1.79 billion), including €605 million paid to the selling shareholders and €1.08 billion in assumed net debt. The transaction has been approved by the GoDaddy board of directors and […]
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