Sun, 11th Jul 2021 18:09
LONDON (Alliance News) - Bob Diamond's Atlas Mara cash shell has failed to secure the additional USD400 million he was targeting for his African venture after some investors balked at the second fundraising in six months, the Financial Times reports Friday, citing two people familiar with the sit
Read moreLONDON (Alliance News) - UK stocks are trading mixed Friday with investors finding little reason to significantly add to positions at the end of a relatively muted week for equity trading and ahead of a long weekend, although there are some notable individual movers. By mid-morning Friday t
Read moreLONDON (Alliance News) - Atlas Mara Co-Nvest Ltd, the investment firm co-founded by former Barclays PLC Chief Executive Bob Diamond, Friday said it has agreed to acquire the government of Rwanda's 77% stake in the commercial arm of the Development Bank of Rwanda. The news comes after Atlas
Read moreLONDON (Alliance News) - UK shares have opened mixed Friday, with mid- and small caps posting small gains while the FTSE 100 has started lower.
Smiths Group and Tullow Oil are depressing the blue-chip index, as Smiths warned about the results of one
LONDON (Alliance News) - Atlas Mara Co-Nvest Ltd, which raised USD325.0 million in an initial public offering in December, said Thursday the net proceeds from its IPO are easily accessible when required. In an interim management statement for the period November 28 to March 31, the company
Read moreAtlas Mara Co-Nvest, the Africa-focused banking investor founded by ex-Barclays boss Bob Diamond, confirmed late on Tuesday that it planned to raise a gross 400m dollars in a private placement. The London-listed company said it it intended to sell 36.5m new shares at $11 per share to institutional
Read moreLONDON (Alliance News) - Share have opened mixed in London Wednesday, with the FTSE 100 underperforming small- and mid-cap indices, ahead of UK economic data and announcements by the Bank of England.
The blue-chip index is being weighed down by broadcaster ITV, whos
LONDON (Alliance News) - Atlas Mara Co-Nvest Ltd Tuesday said it plans to privately place 36.5 million shares at an issue price of USD11.00 per share to raise roughly USD400 million. The investment company said it plans to use the proceeds to support the growth of its ABC Holdings Ltd inves
Read moreAtlas Mara, the Africa-focused banking investor founded by Bob Diamond, has begun working on a new capital raising to continue its acquisitive spree. Co-founded by ex-Barclays chief Diamond and Ugandan financier Ashish Thakkar, Atlas Mara acquired Botswana-based BancABC for $265m in cash and share
Read moreLONDON (Alliance News) - Bob Diamond, the former Chief Executive of Barclays PLC, has turned to his old stomping ground in order recruit the new leader of Atlas Mara Co-Nvest Ltd, the investment company he co-founded to make financial services acquisitions in Africa. In a statement, Tuesday
Read moreLONDON (Alliance News) - The following is a summary of top news stories Tuesday.
----------
COMPANIES
----------
Sports Direct International PLC said Mike Ashley, its founder and deputy chairman, sold 24 million ordinary shares, representin