Tuesday, June 25, 2019

Teva to offload assets

Teva Pharmaceutical Industries is selling its intrauterine device manufacturing business ParaGard to Cooper Companies for USD 1.10 billion as it seeks to raise money to reduce debt. The deal is expected to close by...

Three Drivers for Better Customer Relations in Financial Services

In today’s economy the financial sector is under ever increasing pressure from all angles. Consumers are insisting on better value; competition continues to rise as international and fresher, more digitally focused challengers enter...

Leading On-Demand Jet Charter Marketplace, Closes $20m Series B Investment

Leading private jet charter business Victor secures m in Series B investment round led by BP Ventures - the investment arm of global energy company BP Today, B2C jet charter marketplace leader Victor announces the signing...

Montagu Private Equity announces the sale of CAP to Solera

Montagu Private Equity LLP (“Montagu”), one of Europe’s longest established private equity firms, today announced the sale of CAP (“the Company”) to Solera Holdings, Inc., a leading provider of risk and asset management...

Turkey: A Crack Down on Transfer Pricing

As the Turkish economy continues to attract large amounts of foreign direct investment from multinational enterprises, international business taxation and transfer pricing remain at the top of the agenda. Governments are facing increasing...

EY announces blockchain audit technology

- EY Blockchain Analyzer will facilitate EY audit teams review and analysis of transactions on the blockchain - The pilot will lay the foundation for automated audit tests of blockchain assets, liabilities, equity and...

Tianjin Airlines Wins 400 Million Capital Increase from Shareholder

On February 12 Tianjin TianBao Holding Co., LTD and Tianjin Airlines Co., LTD (Tianjin Airlines) formally signed a capital increase framework agreement in Tianjin. According to the agreement, RMB 400 million investment is planned for Tianjin Airlines...

Offshore Fund-Related Litigation

Litigation against directors, officers and professional service providers, following the collapse of offshore funds and collective investment schemes such as Madoff and Weavering, continues to proceed in a variety of jurisdictions, both offshore and...

KPMG Optimistic as Brazil Battles yet another Recessionary Cycle

KPMG Corporate Finance in Brazil await the fall-out of the scandal and financial disarray of two of the country’s largest state controlled companies in the knowledge the sell-off will kickstart new international interest...

ECB launches real-time payments system

The European Central Bank has unveiled its response to the rise of digital wallets with the launch of Target Instant Payments Settlement (TIPS), a pan-eurozone instant payments system. The new service will be available to...

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