Europe

Headlines

Hugh Dorins to lead SIA Group Property Services Division

SIA Group is uniquely placed to offer Asset Based Lenders, Financial Sponsors and Restructuring Practitioners a fully independent, in-house, multi-asset, turn key solution.    Leading independent asset valuation, advisory and disposal business, SIA Group, has appointed Hugh Dorins to lead its new Property Services Division, which will...

SIA Group opens Southampton office

SIA Group, a leading asset valuation, asset advisory and asset disposal business has announced the opening of a Southampton office further expanding its operations across the UK. The office located at Enterprise House, Ocean Village, Southampton SO14 3XB will be staffed by an initial four strong local team of asset valuation,advisory and disposal...

Dow Jones VentureSource 1Q’17 Europe Venture Capital Report

VENTURE CAPITAL REPORT: The following report presents Dow Jones VentureSource’s quarterly findings for European venture capital fundraising, investment, valuation, and liquidity. The included charts and graphs offer a comprehensive view of the trends currently affecting the venture capital market. Highlights for 1Q 2017 include: The...

​Equiniti International Payments strengthens team with six hires across the business

The leading global payments provider, Equiniti International Payments, has appointed six new members of staff as it drives forward further growth across the business.Aftab Baig joins the global payments provider as Head of FinCrime Compliance (Interim), and reports into Nick Pedersen, Managing Director. Thomas Campbell joins as Business Development...

Tikehau Capital celebrates successful listing on Euronext Paris

Market capitalisation €1.5 billionEuronext today welcomed asset management and investment group Tikehau Capital’s listing in Compartment A of its regulated market in Paris. Tikehau Capital was founded in Paris in 2004 and manages assets totalling nearly €10 billion. It has built its growth on four asset categories: private debt, real estate,...

Legal

​Lamont Pridmore warn high earners about HMRC raids

Higher rate taxpayers have been warned by leading Cumbrian accountants Lamont Pridmore to be vigilant over their tax affairs.The warning comes after new data from HM Revenue & Customs (HMRC) shows that its Affluent Unit took an additional £438 million pounds of high earners.Off the back of this success the Unit, which investigates the tax affairs of...

A Legal Perspective on the Government’s Brexit White Paper

Following pressure from sections of Parliament and the public, Theresa May’s government has published a 77-page white paper document to set out a strategy for leaving the EU. But what does it add to what we already know? Stephen Chater, a solicitor at Postlethwate Solicitors, member firm of the UK200Group, explains.The UK200Group is the UK’s leading...

​32% law firms see private equity as a principal source of external funding

With growing competition from niche firms, law practices are actively seeking targeted acquisitions to scale-up in chosen disciplines.  32% see private equity as a principal source of external funding. Niche law firms seen as greatest source of competition. 59% of firms report a rise in competitive pressure. There is a sharp increase...

​Shoosmiths continues South East expansion with partner hires

National law firm Shoosmiths has further strengthened its corporate team with the appointment of two new partners into the South East offices.Amit Nayyar joins Shoosmiths from Hogan Lovells where he was a leading corporate partner. Previous to this, Amit has held positions at White & Case and Pinsent Masons. Based out of Shoosmiths’ Milton Keynes...

Proskauer, Loeb & Loeb, Cooley Bring NHL to Las Vegas

Ice hockey in the desert might have somewhat of a checkered history in the National Hockey League, but three Am Law 200 firms are advising on a $500 million deal announced late Wednesday to bring a professional hockey franchise to Sin City. Read More

Deals

​Consortium announces investment in Thames Water

Borealis Infrastructure (“Borealis”), the infrastructure investment manager of OMERS, and Wren House Infrastructure Management Limited (“Wren House”), the infrastructure investing arm of the Kuwait Investment Authority, (each a “Consortium Member” and collectively the “Consortium”), are pleased to announce that they have agreed to acquire...

​Aquila Capital expands Nordic portfolio with acquisition of wind project in Finland

Aquila Capital is expanding its portfolio in the Nordics with the acquisition of its first project in Finland, a wind farm with an installed capacity of 14.4 MW on the coast near Kokkola.The Windpark Ykspihlaja includes four Nordex N131/3600 turbines and is in one of Finland’s most favorable locations with an average wind speed of 7.7 meters/second....

New ONS M&A report shows increase international deals in the UK hit record levels

Livingstone has just released its 2014-2016 Global M&A deals Tracker (attached) which breaks down the volume of international M&A deals. Stats include the following;Chinese acquisitions of UK companies increased by 215% in the period 2014-2016, although they account for only one in 20 international acquisitions in the UK marketplace;US investors remain...

​Maven Capital Partners completes £6.5 million MBO of Healthpoint Limited

Funding package will enable Healthpoint to drive growth through new product development and further penetrate grocery multiples, value retailers and export marketsMaven Capital Partners (“Maven”), one of the UK’s most active private equity houses, has completed a £6.5 million management buy-out of Healthpoint Limited (“Healthpoint”), which...

Advent International submits binding offer for STADA Arzneimittel Aktiengesellschaft to STADA management board

Cash offer of €58 per share – Premium of 66 percent compared to STADA’s stock price prior to the publication of share purchases of activist investorsSTADA shareholders will additionally benefit from the expected dividend payment in June 2017Decision of submission of identical public takeover offer to STADA shareholders subject to approval by the...

Acq Lite

Customs officers in Texas find 63 bird nest pieces in luggage

May 22 (UPI) -- Customs officials at a Texas airport said they seized 63 birds nest pieces from the luggage of a traveler arriving from Vietnam.U.S. Customs and Border Protection said the passenger arrived Thursday at Dallas/Fort Worth International Airport and declared agricultural items, but did not declare the nest pieces, despite being directly...

Unusually friendly wild boar approaches hiking family

May 22 (UPI) -- A couple taking their 1-year-old son for a walk in Belgium recorded their encounter with an unusually friendly wild boar.Brice Thumilaire said he and his wife, France, were walking with their 1-year-old son, Emile, in the woods of St. Hubert when they were approached by the boar.The couple said they initially feared the boar, an animal...

Amphibious car makes unexpected exit from River Thames

May 22 (UPI) -- Visitors to the Thames River in England captured footage of an unusual vehicle, an amphibious car, making its exit from the water.The video, recorded Sunday in Richmond, England, shows what initially appears to be a standard boat approaching the shore, where several boats are docked.The craft ventures into the shallow water and tires...

Swan chases Florida police officer around SUV

May 22 (UPI) -- A Florida jogger captured video of an Orlando police officer's encounter with an aggressive swan that chased him in circles around his patrol SUV.The video, recorded by Kelsey Wilkinson and posted to Twitter by her boyfriend, Darrell Harbin, shows the swan running after the Orlando police officer, who uses his patrol SUV as a barrier...

Trapped lizard rescued from discarded Red Bull can

May 22 (UPI) -- An Australian couple rescued a lizard they found trapped inside a discarded Red Bull energy drink can outside a New South Wales home.The video shows a man using a kitchen knife to carefully saw through a Red Bull can, which has a lizard's tail sticking out from the opening.The couple said the lizard apparently crawled into the can and...