When the Statute of Frauds 1677 stipulated that contracts must exist in writing and also bear a signature, the practice soon became commonplace. But the traditional written signature may soon become a thing of the past: The Law Commission has decided that, for many legal documents, it can be replaced with an electronic signature ('e-signature') […]
The SIGNA Group has submitted a purchase offer for the furniture chain kika/Leiner to the Steinhoff Group. This bid includes both the operational commercial business, with its some 5,500 employees, as well as the approximately 70 real estate locations in Austria and CEE, and means an Austrian solution for the company. Steinhoff has accepted the […]
Migros Ticaret A.Ş. ("Migros"), which has previously acquired shares of Kipa Ticaret A.Ş. ("Kipa") from Tesco Overseas Investments Limited on 1 March 2017, has now merged Kipa under Migros as of 31 August 2018, upon approval of the Capital Markets Board on 19 July 2018. Paksoy is pleased to announce that Sera Somay (Partner), Ökkeş […]
The International Finance Corporation (IFC), an entity of the World Bank, granted a loan of USD 25 million to Agrotec SA, to help support the Paraguayan agricultural services company. Agrotec is one of Paraguay’s leading agronomy services and is a subsidiary of the Agrihold Group, which was established in 1969 and today operates at both […]
The Canadian Public Sector Pension (PSP) Investment Board finalised their $140 Million investment in the private equity entity Fondo Inmobiliario Colombia - a real estate company subsidiary to Bancolombia. PSP Investments is a government owned pension fund management firm and is the largest pension fund in Canada, present in over 100 countries. It invests in […]
Alcuin Capital Partners announced its investment in On The Go Tours. Established in 2000 with offices in London, Brisbane and Johannesburg, as well as a presence in New Zealand, Canada and the US, On The Go Tours is a global escorted tour operator in the experiential travel market offering over 1,000 tours across 65 destinations. […]
Lunaphore Technologies, a Switzerland-based medtech firm is developing innovative next-generation devices for cancer tissue diagnostics; they recently closed a CHF 5.3M Series B funding in August 2018, which will enable the CE marking of their products, and support Lunaphore’s product launch in the future. According to Start-up Ticker, Lunaphore’s CEO, Ata Tuna Ciftlik, said: “Following […]
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