Category: Subsidiary
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Bezeq sells Bezeq Online subsidiary
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Telecom company Bezeq (TASE: BEZQ) is selling its subsidiary Bezeq Online to One Software Technologies (TASE: ONE), an IT services provider headed by Adi Eyal. The deal price is 50 million shekels. Bezeq says the sale is part of the focus on the group’s core business, in line with its…
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EABL to spend Sh426m on full buyout of Ugandan subsidiary
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Listed brewer EABL is set to spend Sh426 million to buy out minority shareholders in its subsidiary Uganda Breweries Limited (UBL) through a takeover bid that opened on Tuesday. EABL, which owns a 98.19 percent stake in the Ugandan beer company, said in a filing on Tuesday it would seek…
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Standard Chartered Subsidiary Bank Launches Bitcoin ETFs Trading
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Standard Chartered Bank’s subsidiary, Mox, has launched Bitcoin and cryptocurrency exchange-traded funds (ETFs) trading on its investment platform. This makes Mox the first virtual bank in Hong Kong to offer Bitcoin and cryptocurrency-linked investment products. BREAKING: ?? Standard Chartered’s Mox Bank starts offering #Bitcoin ETFs on its platform. pic.twitter.com/OCzGh75FKc —…
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Standard Chartered Subsidiary Bank Launches Bitcoin ETFs Trading
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Standard Chartered Bank’s subsidiary, Mox, has launched Bitcoin and cryptocurrency exchange-traded funds (ETFs) trading on its investment platform. This makes Mox the first virtual bank in Hong Kong to offer Bitcoin and cryptocurrency-linked investment products. BREAKING: ?? Standard Chartered’s Mox Bank starts offering #Bitcoin ETFs on its platform. pic.twitter.com/OCzGh75FKc —…
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Coinbase UK Subsidiary Penalized £3.5 Million For Breaching Anti-Financial Crime Agreement
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The cryptocurrency world has seen its fair share of regulatory challenges, with the latest episode involving the UK arm of prominent cryptocurrency exchange, Coinbase. The Financial Conduct Authority (FCA), the UK’s financial regulator, has imposed hefty fees on A fine of £3.5 million ($4.5 million) CB Payments Limited (CBPL), a…
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Piper Sandler maintains Renasant shares target post insurance subsidiary sale By Investing.com
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On Wednesday, Piper Sandler maintained a neutral rating. Renasant Company (NYSE:NYSE:) with a fixed price target of $33.00. This comes on the heels of Renasant’s recent announcement of the sale of its insurance subsidiary. On July 2, 2024, Renasant Corp. announced the completion of the sale of Renasant Insurance, Inc.…
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Equity taps AAR boss to head new health insurance subsidiary
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Equity Group has appointed AAR Insurance Holdings CEO Patrick Gatunga as managing director of its new health insurer, as the financial services firm deepens its foray into the underwriting business. Sources said Mr Gatunga, who has been CEO of AAR since September 2022, has moved to Equity Group where he…