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Denel makes profit for first time in 6 years: 'We are busy repairing the damage' - Vimarsana News

Denel makes profit for first time in 6 years: 'We are busy repairing the damage'

Denel is working closely with the Special Investigations Unit to recover some of the money lost through civil litigation.

Source: 702.co.za
Loadshedding slashes Spar Group's profits - no dividend for shareholders - Vimarsana News

Loadshedding slashes Spar Group's profits - no dividend for shareholders

The Spar Group reported a double digit drop in operating profits, citing power cuts and problems with its new software system as major contributors.

Source: msn.com
Loadshedding slashes Spar Group's profits - no dividend for shareholders - Vimarsana News

Loadshedding slashes Spar Group's profits - no dividend for shareholders

The Spar Group reported a double digit drop in operating profits, citing power cuts and problems with its new software system as major contributors.

PARC Capital injects $21M into growing Australian cloud provider NEXION Group to fund M&A Growth. - Vimarsana News

PARC Capital injects $21M into growing Australian cloud provider NEXION Group to fund M&A Growth.

PERTH, Australia, May 11, 2023 /PRNewswire/ --PARC Capital Fund Services Pty Ltd (PARC) has announced a $21 million investment in NEXION Group (NEXION ASX:NNG), a fast-growing hybrid cloud service provider based in Australia. PARC is an experienced funder in the technology industry, with multiple acquisitions already funded in the IT sector. The firm's recent $150 million deal with Macquarie Capital to help fund cyber security provider Orro Group is evidence of its expertise in the field. NEXION offers network, compute, security, and data storage solutions and has been recognised as a seri...

Related Topics:
Western AustraliaNew ZealandPeter ChristieGroup LtdOrro GroupCapital Fund Services Pty LtdFund Services Pty LtdMacquarie CapitalExecutive ChairmanInterim GroupMay 11023 Prnewswire Parc Capital Fund Services Pty Ltd Has Announceda 21 Million Investment In Nexion Group Asx Nng A Fast Growing Hybrid Cloud Service Provider Based In Australia Parc Is An Experienced Funder The Technology IndustryIth Multiple Acquisitions Already Funded In The It Sector Firm 39s Recent 150 Million Deal With Macquarie Capital To Help Fund Cyber Security Provider Orro Group Is Evidence Of Its Expertise Field Nexion Offers NetworkNd Data Storage Solutions And Has Been Recognised Asa Serious Player In The Competitive Whole Of Enterprise It Sector Since Its Public Listing 2021 Company 39s Strategy To Aggressively Grow Through InnovationOrganic GrowthNd Acquisitions After Extensive Due DiligenceArc Has Executeda Term Loan Agreement Of 21 Million To Support Nexion 39s Growth Plans The Parc Signifies Value Asa Business And Allows Company Strengthen Existing Capabilities While Continuing Its Strategic Path Initial Drawdown From Will Assist With Planned Acquisitions In New Zealand Providing Ongoing For Futurem Ampa Activity Partnership Between Is Expected Add Discipline Decision Making Reporting As Well Assisting On Deals Being Completed FasterLtimately Resulting In Business And Shareholder Value The Executive Chairman Interim Group Ceo Of NexionPeter ChristieXpressed His Excitement About Working With ParcOting That Their Deep Understanding Of The Technology Industry Andm Ampa Expertise Makes Them Perfect Partner For Nexion 39 Sm Program Peter Christie Said Quot Parc Stood Out As Ourm They UnderstandHow It OperatesOw To Value Acquisitions And Where Look For Risks This Deep Understanding Makes Working With Them In Technologym Ampa Highly Productive Andi 39m Looking Forward Making Rapid Progress Now We Have Facility Place Quot Parc 39s Investment Nexion Isa Testament The Company Growth Potential Strategic Direction Will Not Only Assist Financial Resources Necessary Execute Its Plans But Also Add Business Shareholders Https Www Nexiongroup Io Wp Content Uploads 2023 05 2550979 Pdf Investor Centre Group Ltd Ground Floor2 Newcastle Street
iTWire - PARC Capital invests $21m into growing Australian cloud provider NEXION - Vimarsana News

iTWire - PARC Capital invests $21m into growing Australian cloud provider NEXION

PARC Capital Fund Services Pty Ltd has announced a $21 million investment in NEXION Group, a fast-growing hybrid cloud service provider based in Austr...

Source: itwire.com