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Strong exits help Foresight Group to £65m final close for third UK regional investment fund

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Private equity and infrastructure manager Foresight Group has hit a £65m final close for its third regional UK investme
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Iran official: decision expected on nuclear images deal

Last Updated:
Iran Official: Decision Expected On Nuclear Images Deal
Iran is expected to decide on Monday whether to extend a temporary agreement with international inspectors on access to surveillance camera images of Tehran s nuclear sites, a spokesman said.
Iran is expected to decide on Monday whether to extend a temporary agreement with international inspectors on access to surveillance camera images of Tehran s nuclear sites, a spokesman said.
The comments by Foreign Ministry spokesman Saeed Khatibzadeh came after officials delayed an earlier-planned news conference on Sunday by the head of the International Atomic Energy Agency in Vienna.
That signaled negotiations between the United Nations agency and Tehran continued overnight. ....

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AT&T to merge media assets with Discovery in $43 bn deal

Firms/companies > A > AT&T
AT&T to merge media assets with Discovery in $43 bn deal
17 May 2021
US telecom major AT&T Inc, the owner of HBO and Warner Bros studios, and cable and streaming network Discovery Inc, which owns lifestyle TV networks such as HGTV and TLC, will combine the media assets to create a standalone global streaming business, the company stated on Monday.
Under the proposed deal, one of Hollywood s most powerful studios, which is home to the Harry Potter and Batman franchises, will be merged with Discovery, with its home, cooking and nature and science shows.
As per the terms of the deal, AT&T would receive $43 billion in a combination of cash, debt securities, while WarnerMedia will assume some of its debt as well. AT&T s shareholders would receive stock representing 71 per cent of the new company, while Discovery shareholders would own 29 per cent of the new company. ....

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Financial Services Capital makes fourth deal since founding amid Covid-19 crisis last year

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Financial Services Capital, the specialist European private equity house launched last year, has completed a buyout of JZ Lending, which controls Spanish consumer finance specialist Unión Financiera Asturiana.
FSC’s investment is designed to accelerate the transformation and digitalisation of Ufasa’s business.
The firm said its capital commitment had also facilitated the acquisition by Ufasa of Spanish fintech company Zank, an omni-channel point-of-sale credit platform.
FSC co-founder and managing partner Matthew Hansen said, “Ufasa’s infrastructure and business are already being moved forward and pulled into the present by the leadership team headed by Pedro Escudero and Rafael Marin. ....

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'Crocodiles are innocent, will ask to clap and beat plates to deal with black fungus,' Rahul's dig on twitter at Modi - INDIA - GENERAL

Sunday 23 May, 2021 | 11:32 AM
NEW DELHI: Congress leader Rahul Gandhi hit out at Prime Minister Narendra Modi over the government s handling of the novel coronavirus pandemic amid India s fight against Covid.
As Gandhi made the frontal attack against the Prime Minister, two other senior Congress leaders, P Chidambaram and Jairam Ramesh, too joined him.
No Vaccines. Lowest GDP. Highest Covid deaths. GOI s response? PM cries, he said in an acerbic tweet on Friday, while also accusing PM Modi of shedding crocodile tears while paying homage to people who died of COVID-19.
Crocodiles are innocent, said the Congress leader in another tweet, in a dig at the Prime Minister turning emotional during his digital interaction with doctors in his Lok Sabha constituency Varanasi on Friday. ....

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