KKR Fails to Get Any Acceptances for $2.32 Billion Assura Takeover Bid
KKR–which currently owns 164.5 million Assura shares, or 5.06% of its issued share capital–said Monday that its offer is open until 1200 GMT on Aug. 12, and encouraged Assura shareholders to accept it as soon as possible.
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26 minutes ago
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iwoca and Teya team up to enhance loan accessibility for UK SMEs
UK business lender iwoca has joined forces with Teya, a financial services platform for small businesses, to facilitate its Flexi-Loan product to business owners through Teya's digital offerings. With the integration of iwoca's lending service, users can now submit loan applications directly through Teya's app and web portal. The loan amounts range from £1,000 to £1m, with repayment terms spanning from one day to up to 60 months. According to the company press release, the application process for these loans is entirely paperless, and customers will not be charged for repaying their loans ahead of the agreed schedule. The alliance is said to be significant, as projections from the SME Expert Index suggest an upward trend in the demand for financial services by SMEs, with 76% of finance brokers anticipating an increase in the coming period. Teya product director Siddhartha Ram said: 'This partnership is another step in our journey to build truly useful financial services for small businesses. 'Whether it's payments, accounts or funding - our aim is to give business owners the tools they need to thrive, with none of the complexity.' iwoca chief commercial officer Colin Goldstein stated: 'Teya shares our belief that small businesses should have quick and uncomplicated access to the finance they need to grow. Working together, we can reach even more business owners and ensure that capital is available when and where it's needed most.' This announcement follows the recent research conducted by iwoca, which indicated a growing inclination among finance brokers to recommend non-traditional lenders over conventional banks. A key factor influencing this trend is the desire for more rapid decision-making in the loan approval process, as cited by 73% of brokers. "iwoca and Teya team up to enhance loan accessibility for UK SMEs" was originally created and published by Leasing Life, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
28 minutes ago
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Liverpool Favorites To Retain Title As Premier League Season Kicks Off
Champions of England for a record-equalling 20th time in May, Liverpool could well bring the confetti out again in nine months as they begin the Premier League season firmly as the team to beat. Predictions are always a fool's errand, but it feels a fairly safe bet to suggest the Reds could retain their crown and pull one clear of Manchester United's tally of titles. The reasons for such confidence are two-fold. Liverpool were the best team in England by a long distance last term and triumphed at a canter, finishing 10 points clear of Arsenal. Arne Slot's debut season at Anfield was meant to be one of adjustment as he stepped into the nigh-on impossible role of replacing Jurgen Klopp. Instead, Liverpool hit the ground running under the Dutchman, winning 11 of their first 12 games, and never looked back. In the process Slot became the first Liverpool manager to win the title at the first time of asking after club legends Joe Fagan and Sir Kenny Dalglish. "To replace Jurgen is a big job and the manager did it in his own way and deserves a lot of credit," Virgil van Dijk said of Slot after Liverpool swept Tottenham aside to clinch the title at the end of April. "I don't think anyone from the outside world thought we would be Premier League champions." In the immediate aftermath of the Reds' triumph, Slot suggested the summer would hold an evolution rather than a revolution. 'Radical changes, you will probably not see,' he said. 'That [radical changes]But radical changes have followed over the past three months or at least as close to radical as possible for a team that won the league with such ease. Will Liverpool's summer spending spree pay off? The Reds set a new club transfer record by signing Florian Wirtz from Bayer Leverkusen for $158 million (£116 million), while Hugo Ekitike was nabbed from under Newcastle's nose. The signings of Milos Kerkez and Jeremie Frimpong, meanwhile, revamped Liverpool's options at full-back and the arrival of Giovanni Leoni from Serie A side Parma will bolster Slot's options at centre-back. Liverpool's summer spending already exceeds $340 million, a staggering amount in any circumstance, even more so for the reigning champions. It marks the first time since 2018 and only the second since the turn of the century that the Reds have been the biggest spenders in the Premier League. And more may still be to come if the Reds are successful in landing Alexander Isak from Newcastle. Newcastle's stance has hitherto been that the Sweden international is not for sale, but their resolve is being tested. Isak, who is under contract for two more years with the Magpies, did not travel on their pre-season tour to Singapore and South Korea and has told the club he intends to explore new options. Newcastle have already knocked back a $150m offer from Liverpool and maintain they want north of $200m for the striker. The changes at Anfield have not been limited to arrivals, with several significant departures this summer. Trent Alexander-Arnold left for Real Madrid in time for the Club's World Cup in June and was followed out of the door by Luis Diaz and Darwin Nunez, who joined Bayern Munich and Al-Hilal respectively. Jarrell Quansah moved to Bayern Leverkusen, while Caoimhin Kelleher left for Brentford. Overall, Liverpool recouped $226 million from player sales and the figure could rise further if Harvey Elliott, Federico Chiesa and Kostas Tsimikas are moved on before the transfer window shuts on September 1. While a stellar transfer window does not always immediately translate into stellar performances on the pitch, the early signings are promising. Wirtz has looked excellent in pre-season and assisted Ekitike's goal four minutes into the Community Shield on Sunday. 'Last season, we had a lot of ball possession, but that didn't always lead to promising situations," Slot said after Liverpool were beaten by Crystal Palace on penalties. 'We are better in creating and getting promising situations than we were, in my opinion, throughout the whole of last season.' That Liverpool ultimately lost the season's traditional curtain raiser at Wembley will not be a major worry for the Dutchman. Of far greater concern will be the fact that despite their summer spending spree, the Premier League champions remain somewhat light of options at centre-back. Van Dijk and Ibrahima Konate may be one of the best defensive partnerships in the Premier League, but the former is 34 and the latter is in the final year of his contract. The fitness of both players must be managed carefully, particularly as Joe Gomez, their most obvious replacement, has made only 48 starts in the past five Premier League seasons. Against that backdrop the signing of 18-year-old Leoni is as much about bolstering Slot's options as it is about future-proofing. Slot has indicated he intends to rotate his team more this season than he did last term, but defence is one area where he may not be able to do so. Stellar Mo Salah remains key to Liverpool's plans If Liverpool are short at centre-back, they have plenty of attacking weapons at their disposal, none more lethal than Mohamed Salah. The reigning Premier League Player of the Year, the Egyptian enjoyed a stellar campaign last term, scoring 29 goals to win a fourth Golden Boot as the league's top scorer, equalling Thierry Henry's record in the process. Salah also registered 18 assists, matching the Premier League record for the most goal involvements in one season which was jointly held by Andy Cole and Alan Shearer. At 33 years of age, Salah may be approaching the winter of his career, but he remains crucial to his team's chances of retaining their title and chasing a seventh Champions League triumph. Arguably the biggest question mark around Liverpool centres on how they will cope with Diogo Jota's tragic passing in a car crash. How the Reds deal with the devastating impact of such a tragedy remains to be seen. Van Dijk has spoken of the players' desire to honour Jota and to 'carry on his legacy' and retaining the Premier League title would be a fitting way for Liverpool to do so.
Yahoo
an hour ago
- Yahoo
Hudini and Nexevo partner on hospitality tech solutions
Smart hospitality solutions provider Hudini has announced a strategic partnership with IT support company Nexevo Solutions, with the aim of providing comprehensive hospitality technology solutions to customers across the UK and Europe. This collaboration is set to deliver a fully integrated technology ecosystem, enhancing the guest experience through a combination of Hudini's software and Nexevo's hardware offerings. The partnership marks an important development in Hudini's expansion strategy within the UK and European markets. By leveraging Nexevo's hardware portfolio, Hudini can now offer a complete technology package that includes its proprietary guest experience software alongside smart TVs, interactive kiosks, and tablets. This integration ensures that Hudini's customers benefit from a seamless, end-to-end solution. Hudini CEO and founder Prince Thampi said: "Partnering with Nexevo Solutions strengthens our ability to deliver a truly end-to-end digital experience for hospitality brands in Europe. This collaboration aligns perfectly with our mission to simplify technology adoption for hotels. Through this partnership, Hudini's customers will gain access to streamlined procurement processes, faster deployment of technology, localised support, and a unified service experience, according to the company's press release. In addition, Nexevo will act as a reseller for Hudini's innovative guest engagement software to introduce Hudini's solutions to Nexevo's client network. Nexevo CEO and founder Ben Donaldson said: "By joining forces with Hudini, we're bringing powerful digital experiences to our clients with a blend of best-in-class hardware and innovative guest experience software. "Together, we're empowering hospitality businesses to deliver smarter, more connected experiences that meet the demands of today's digital-first guests." "Hudini and Nexevo partner on hospitality tech solutions" was originally created and published by Hotel Management Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
