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€250M Cash Boost, Funded in Cash, 173% Solvency Pro Forma

Chesnara logo Chesnara has agreed to acquire Scottish Widows Europe for EUR 110 million, a deal the group says will deliver about EUR 250 million of lifetime cash generation (including ~EUR 100 million in the first five years) and will…

Pharma companies venture further afield in search of R&D

With manufacturing onshoring a continuing point of discussion in the industry, many pharma companies went the opposite way for R&D in 2025, deciding to conduct innovation overseas. According to a survey of pharma executives by consultancy firm Ayming UK, nearly…

Tretor, Pictet to build accounting partner for Swiss SMEs

Swiss accounting services company Tretor has formed a partnership with Pictet Alternative Advisors’ Direct Private Equity team to create an accounting services group for small and medium‑sized companies (SMEs). The planned group will support SMEs nationwide, offering accounting, tax advice,…

Zeus Packaging Group expands with KOEX Packaging purchase

Zeus Packaging Group has acquired Spain-based KOEX Packaging Solutions, according to an announcement on social networking platform LinkedIn. Financial terms of the deal remain undisclosed. The combined entity will offer integrated packaging services with a wider geographic reach for customers…

a new frontier of opportunity

When the ISO 20022 migration was first announced back in 2018, it represented one of the most significant updates to the payments industry in decades. Banks and Payment Service Providers (PSPs) had long relied on legacy messaging types (MTs) dating…

Dan Ives Calls AI-Driven Software Selloff ‘Most Disconnected Trade,’ Says Salesforce And ServiceNow Are Historic Buys

On Friday, Wedbush analyst Dan Ives said Wall Street is misreading the impact of artificial intelligence on enterprise software. Speaking on CNBC’s “Closing Bell,” Ives said investors are pricing in an unrealistic scenario in which AI tools rapidly replace traditional…

This Dirt Cheap Stock Is Expected to Quadruple Its Earnings This Year

Last year, shares of artificial intelligence (AI) chip stock Micron Technology (NASDAQ: MU) blasted higher by 239% — making it one of the top-performing stocks in the Nasdaq-100 index. While this level of momentum might suggest you’ve missed your opportunity…

Japan PM Takaichi to hold first meeting with BOJ chief Ueda since election win

By Leika Kihara TOKYO, Feb 16 (Reuters) – Bank of Japan Governor Kazuo Ueda and Prime Minister Sanae Takaichi will hold their first bilateral meeting on Monday since the ruling party’s landslide election victory, ‌which could serve as a venue…

Rates fall to new lows

Current mortgage rates are dipping into territory that hasn’t been seen in years. According to the Zillow lender marketplace, the average 30-year fixed mortgage rate is 5.85%. The 15-year fixed rate is 5.36%. At this level, homebuyers and mortgage refinancers…

Likely to remain low for months

Home equity lines of credit and home equity loans are featuring some of the lowest interest rates in years. Shopping two or three of the best home equity lenders will help you find the lowest interest rate you can qualify…