Category: Business

Business News from around the world.

Cazoo and Ajax I Announce Filing of Preliminary Proxy Statement in Connection with Proposed Business Combination

LONDON & NEW YORK–(BUSINESS WIRE)–Cazoo Holdings Limited (“Cazoo” or “the Company”), the UK’s leading online car retailer, which makes buying a car as simple and seamless as purchasing any other product online and Ajax I (“AJAX”) (NYSE: AJAX), a publicly-traded special purpose acquisition company (“SPAC”), today announced that a preliminary proxy statement/registration statement on Form …

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FG Financial Group, Inc. Reports First Quarter 2021 Financial Results

SPAC Investment and Services Strategy Delivers Unrealized Gain of $3.6 Million ST. PETERSBURG, Fla.–(BUSINESS WIRE)–FG Financial Group, Inc. (Nasdaq:FGF) (the “Company”), a reinsurance and investment management holding company focused on opportunistic collateralized and loss capped reinsurance, while allocating capital to SPAC and SPAC sponsor-related businesses, today announced results for the first quarter ended March 31, …

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MSCI Completes Private Offering of $600 Million 3.625% Senior Notes Due 2031

NEW YORK–(BUSINESS WIRE)–MSCI Inc. (NYSE: MSCI), a leading provider of critical decision support tools and services for the global investment community, announced today that it has successfully completed its private offering of $600.0 million aggregate amount of its 3.625% senior unsecured notes (the “notes”) due 2031 (the “offering”). The notes will mature on November 1, …

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Gilead Sciences to Present at Upcoming Investor Conferences

FOSTER CITY, Calif.–(BUSINESS WIRE)–Gilead Sciences, Inc. (Nasdaq: GILD) announced today that its executives will be speaking at the following investor conferences: Cowen Annual Virtual Oncology Innovation Summit on Friday, May 21 at 12:00pm ET Jefferies Virtual Healthcare Conference on Tuesday, June 1 at 1:30pm ET Bernstein Annual Strategic Decisions Conference on Wednesday, June 2 at …

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Gabelli Go Anywhere Trust Series A Cumulative Preferred Shares Declares $0.50 Quarterly Dividend and Announces Intention to Redeem

RYE, N.Y.–(BUSINESS WIRE)–The Board of Trustees of The Gabelli Go Anywhere Trust (NYSE American: GGO) (the “Fund”) declared a $0.50 per share cash distribution payable on June 28, 2021 to Series A preferred shareholders of record on June 21, 2021. Commencing five years from the closing date of the offering (September 15, 2016), and thereafter, …

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KBRA Assigns Preliminary Ratings to Notes Issued by Genesis Sales Finance Master Trust, Series 2021-A

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to six classes of notes issued by Genesis Sales Finance Master Trust, Series 2021-A (“GSFMT Series 2021-A”), a credit card asset-backed securitization. The preliminary ratings reflect initial credit enhancement levels of 57.10% for the Class A notes to 5.00% for the Class F notes. As …

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Divibank Raises $3.6M to Help Entrepreneurs in Latin America Grow their Businesses, Announces Plan to Provide Marketing Analytics Software for Clients

Round led by Better Tomorrow Ventures (BTV) with participation from existing investor MAYA Capital, new investors Village Global, Clocktower Ventures, and others SÃO PAULO–(BUSINESS WIRE)–Divibank, the financing platform where LatAm businesses have access to growth capital via revenue-share financing, announced on May 12, 2021, it closed a $3.6M round of Seed funding led by Better …

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GeoInsight Added to National Platform

DUBLIN, Ohio–(BUSINESS WIRE)–#AEC—GeoInsight, Inc. (www.geoinsight.com, “GeoInsight”), a New England-based environmental and engineering consulting firm, has joined Hull & Associates (Hull) Duffield Associates (Duffield), and HSW Consulting (HSW), as part of a national platform of companies focused in the industrial, real estate, energy, technology, transportation, and government sectors. The combined platform now includes over 350 staff …

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Crawford & Company Board Declares Dividends

ATLANTA–(BUSINESS WIRE)–#CrawfordEarnings–On May 14, 2021, at its regular quarterly meeting, the Board of Directors of Crawford & Company declared a quarterly dividend of $0.06 per share on the Class A Common Stock and $0.06 per share on the Class B Common Stock, payable on June 11, 2021, to shareholders of record as of the close …

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WNS Files Fiscal 2021 Annual Report on Form 20-F

NEW YORK & MUMBAI, India–(BUSINESS WIRE)–#AuditedFinancialStatements–WNS (Holdings) Limited (NYSE: WNS) (the “Company”), a leading provider of global Business Process Management (BPM) solutions, announced the filing of the Company’s Annual Report on Form 20-F for the fiscal year ended March 31, 2021 with the United States Securities and Exchange Commission (the “SEC”). The Annual Report was …

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State Auto Financial Declares 120th Consecutive Quarterly Dividend

COLUMBUS, Ohio–(BUSINESS WIRE)–Today the board of directors of State Auto Financial Corporation (NASDAQ:STFC) declared a regular quarterly cash dividend of $0.10 per share, payable June 25, 2021, to shareholders of record at the close of business on June 10, 2021. This is the 120th consecutive quarterly cash dividend declared by the company’s board since STFC …

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Roark Capital Acquires Nothing Bundt Cakes

ATLANTA & DALLAS–(BUSINESS WIRE)–Roark Capital, an Atlanta-based private equity firm focused on investing in franchised and multi-location businesses, announced today that its affiliate has acquired Nothing Bundt Cakes. Founded in 1997, Nothing Bundt Cakes is a market leading franchisor and operator of gourmet bakeries offering specialty bundt cakes in 390 locations that generate ~$470 million …

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Western Union Announces $0.235 Quarterly Dividend

DENVER–(BUSINESS WIRE)–The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, announced today that its board of directors declared a quarterly cash dividend of $0.235 per common share, payable June 30, 2021 to stockholders of record at the close of business on June 16, 2021. About Western Union The …

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Bart Zanelli Joins Skyway Capital Markets as Managing Director

TAMPA, Fla.–(BUSINESS WIRE)–#RIAs–Skyway Capital Markets is pleased to announce the appointment of Bart Zanelli as Managing Director with a focus on financial institutions, insurance and healthcare. Mr. Zanelli has over 30 years of experience transacting mergers and acquisitions, public and private capital raising and private equity investing. With a specialty in financial institutions, insurance and …

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Tide Rock Holdings Raises $100m and Continues to Acquire Lower Middle Market Companies

SAN DIEGO–(BUSINESS WIRE)–Tide Rock Holdings (“Tide Rock”), a growth-oriented holding company of diverse, economically resilient B2B businesses, has raised $100 million. Tide Rock will use this capital to continue acquiring profitable lower middle market businesses. This fundraising round included institutional investors, investment advisors, and $1B+ family offices. Tide Rock aims to raise additional capital later …

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Fantom Blockchain ($FTM) Becomes Official Alpha Tauri Team Partner

Fantom has now become an Official Team Partner to Scuderia Alpha Tauri, or simply Alpha Tauri, for the Formula One™ 2021 season. This was announced ahead of the Monaco Grand Prix classic occurring next week. SYDNEY, Australia–(BUSINESS WIRE)–Fantom is the world’s first smart contract platform, and it has been providing the cryptocurrency space with fast …

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Melanie McFaddin with Wiley Bros – Aintree Capital, LLC Represents Bradford & Galt in its Acquisition by ettain Group

NASHVILLE, Tenn.–(BUSINESS WIRE)–Melanie McFaddin, Representative of Wiley Bros – Aintree Capital, LLC (“WBAC”) is pleased to announce its representation of Bradford & Galt, Inc. (“Bradford & Galt”) in its acquisition by ettain Group, Inc (“ettain”). Bradford & Galt was founded in 1984 and is headquartered in St Louis, with offices in Kansas City, Louisville, and …

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Mastercard and National Women’s Soccer League Announce Multi-Year Partnership Centered on Elevating Visibility for the Sport and Fan Engagement

Portland Thorns FC Star Crystal Dunn Named Mastercard Global Brand Ambassador as company curates Priceless Experiences and in-stadium engagement for fans PURCHASE, N.Y.–(BUSINESS WIRE)–Mastercard announced today that it is joining the National Women’s Soccer League (NWSL) as an official partner, strengthening the brand’s commitment to women’s soccer and its fanbase. Mastercard and the NWSL will …

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