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Exclusive: Company headed by Denise Coates holds talks with Wall Street banks about full or partial sale of assets The billionaire Coates family behind Bet365 are weighing up a sale of their online gambling empire that could value the business at 9bn, the Guardian has learned. The company, headed by Denise Coates , has held talks with Wall Street banks and US advisers in recent weeks about a full or partial sale, sources familiar with the matter said.
Posted by John Orr, Willis Towers Watson, on Thursday, May 1, 2025 Editor's Note: John Orr is a D&O Liability Product Leader at Willis Towers Watson. This post is based on his Willis Towers Watson memorandum and is part of the Delaware law series ;links to other posts in the series are available here. On March 25, 2025, Delaware adopted Senate Bill 21 (SB 21) into law, modifying provisions of the states corporate laws to lessen stockholders rights relative to claims involving controlling sto
Following a strong performance in the prior year, Islamic financial institutions (IFIs) recorded a steady 2024, with the overall sectors return and total assets at levels similar to their 2023 performance. However, there was variation in individual IFIs performances; and many winners of Global Finances Best Islamic Financial Institutions 2025 achieved growth and profitability beyond their peers.
Highlights: 4% of tax professionals welcome new technology, with 42% exploring AI AI enhances rather than replaces tax professionals, acting as a “digital junior resource” for repetitive tasks Successful AI integration requires building trust, experimentation, and starting with accessible tools in existing systems Responsible AI demands attention to privacy, bias prevention, and oversight, with future trends The buzz around artificial intelligence (AI) isn’t just hype anymore,
Speaker: Susan Spencer, Principal of Spencer Communications
Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. In this webinar, Susan Spencer, fractional CMO and principal of Spencer Communications, will unpack the differences between contact-level and company-level intent signals.
Global Finance: What drove UOBs performance in 2024? Wee Ee Cheong: UOB is strategically reshaping our business mix to diversify our revenue engines, with a disciplined approach to managing our balance sheet and growing fee-based income. In wholesale banking, our enhanced platforms and sector-specific solutions help finance cross-border businesses, leading to higher fees and cross-border income.
When considering buying a n automobile towing business , understanding its fair market value is essential. The automobile towing industry ensures that vehicles are quickly and safely moved to another location. Due to growing demand, the automobile towing industry provides an attractive opportunity for potential buyers. However, to secure success in the towing industry, it is essential to obtain a business valuation for buying a towing business.
Global Finance: What factors shaped Arab Banks results last year? Randa Sadik: Arab Bank posted a robust performance in 2024, underpinned by broad growth across geographies and business segments. Our solid results were backed by a well-diversified expansion in core banking income with interest and non-interest revenue contributing to sustainable growth in net operating profit.
Global Finance: What factors shaped Arab Banks results last year? Randa Sadik: Arab Bank posted a robust performance in 2024, underpinned by broad growth across geographies and business segments. Our solid results were backed by a well-diversified expansion in core banking income with interest and non-interest revenue contributing to sustainable growth in net operating profit.
TransGlobal Assets Inc. (OTC: TMSH ) is strategically entering the AI-powered fintech space by acquiring a controlling stake in the Incued Fintech Platform. This move positions the company to capitalize on the growing demand for AI solutions in private markets, utilizing proprietary AI systems to enhance investor relations, risk assessment, and predictive analytics The Incued Fintech Platform, under the management of TransGlobal's MindWell Solutions Group, is set to transform private market
A deal involving US money or a US partnership isnt guaranteed but the odds are favourable If you want to crack the booming US gambling market as a UK or Irish company, its best to find an American partner, buy an American business, or just emigrate. Flutter, the Dublin-based owner of Paddy Power and Betfair, has been through the collection. It took a punt on FanDuel, then just an online fantasy games business, in 2018 as an option on US liberalisation of its gambling rules.
Speaker: Wayne Spivak - President and Chief Financial Officer of SBA * Consulting LTD, Industry Writer, and Public Speaker
The old adages that "cash is king" and "you can’t spend profits" still hold true today. But however well-known these sayings might be, it requires a change in mindset to properly implement a cash flow management system that predicts your business's runaway as accurately as possible. Key to this new mindset is understanding the difference between the Statement of Cash Flows, a historical look at the source and uses of cash, and the Cash Flow Statement, which uses transaction history and forward-l
SAN DIEGO, May 01, 2025 (GLOBE NEWSWIRE) -- Resmed (NYSE: RMD , ASX: RMD)), the leading health technology company focused on sleep, breathing, and care delivered in the home, today announced it has acquired VirtuOx, a leading independent diagnostic testing facility (IDTF) for sleep, respiratory, and cardiac conditions. The acquisition reflects Resmed's commitment to improving the way care is deliveredby making it more accessible, more coordinated, and more patient friendly.
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PHOENIX, May 01, 2025 (GLOBE NEWSWIRE) -- Today, AirTera, the service mark of NATA Compliance Services (NATA CS), announced the acquisition of Safety and Security Instruction (SSi), a premier provider of learning management systems (LMS) and airport-specific training content for the aviation industry. This move positions AirTera as the most comprehensive, real-time platform for security, identity management, safety oversight, and automated training in the aviation ecosystem.
BURLINGTON, Mass., May 01, 2025 (GLOBE NEWSWIRE) -- Ascend Learning , a leading healthcare and learning software company, has acquired myTIPreport, a platform that modernizes medical education feedback and competency tracking. myTIPreport will be integrated into Ascend's MedHub brand, enabling medical education institutions to more efficiently and conveniently track the performance of both medical trainees and programs.
The deal would bring seven art fairs under a new private company founded by the entertainment mogul Ari Emanuel, former chief executive of Friezes owner, Endeavor.
GREENVILLE, S.C., May 01, 2025 (GLOBE NEWSWIRE) -- United Community Banks, Inc. (NYSE: UCB ) ("United") completed its merger with ANB Holdings, Inc. ("ANB") effective May 1, 2025. In this transaction, ANB's wholly-owned bank subsidiary, American National Bank ("ANB Bank"), was also merged into United's bank subsidiary, United Community Bank ("United Community").
A Manhattan federal judge on Thursday permanently ended claims a real estate investor in a botched $2.6 billion Philippine casino deal brought against attorneys from Sadis & Goldberg LLP, finding that claims that they allowed a fraud to unfold and breached their fiduciary duties were too vague.
Combining EQ's shareholder services and robust Investor Relations (IR) capabilities with Notified's public relations (PR) and IR solutions to help companies grow, engage stakeholders and communicate with confidence at every stage. Transaction Highlights Establishes Comprehensive Solution: Combines EQ's shareholder services leadership and robust IR capabilities with Notified's PR and IR expertise to deliver a comprehensive solution for companies at every stage of growth.
Private equity-tilted limited liability company contract terms beat minority investor challenges to the fairness of the $8.9 billion merger in January 2023 that joined Summit Health-CityMD and VillageMD Wednesday, a Delaware vice chancellor ruled late Wednesday.
MARKHAM, Ontario, May 01, 2025 (GLOBE NEWSWIRE) -- Extendicare Inc. (" Extendicare " or the " Company ") (TSX: EXE ) announced today that its wholly owned home health care subsidiary, ParaMed Inc. (" ParaMed " or the " Purchaser "), has entered into an agreement to acquire all of the issued and outstanding shares of Closing the Gap Healthcare Group Inc. and certain affiliates (collectively, " Closing the Gap ") from the ultimate shareholders of Closing the Gap (the " Transaction ").
Delaware's Supreme Court on Wednesday approved a mid-case review for a Paramount Global stockholder suit seeking books and records on the company's proposed $8 billion tie-up with Skydance Media.
ISLANDIA, N.Y., May 01, 2025 (GLOBE NEWSWIRE) -- West Technology Group, LLC (the "Company" or "West") has completed the sale of its Notified business to Equiniti (EQ) 1 , a global leader in shareholder services and advisory firm. "We are pleased to complete the sale of Notified and believe that the complementary strengths of EQ and Notified will elevate the platform to new heights," said John Shlonsky, President and Chief Executive Officer of West.
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White & Case LLP-advised Dream Games, which makes popular mobile games such as Royal Match and Royal Kingdom, on Thursday announced that it secured a strategic investment from its sole equity partner, Latham & Watkins LLP-led private equity shop CVC Capital Partners.
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Hometown Food Co., a portfolio company of Holland & Knight LLP-advised private equity shop Brynwood Partners, on Thursday announced plans to acquire the iconic Chef Boyardee brand from Mayer Brown LLP-led Conagra Brands Inc. in a $600 million deal.
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Serving as an adjunct college professor has taught me the importance of building rapport, communicating effectively, and persuading individuals to critically analyze the difference between what they think and what they know principles that have helped to improve my practice of law, says Sheria ClarkeatNelson Mullins.
CHICAGO, May 01, 2025 (GLOBE NEWSWIRE) -- Formidium UK Ltd., a wholly owned subsidiary of Formidium Corp., a global leader in fund administration solutions and technology, has successfully acquired assets of Praxonomy Ltd. This strategic acquisition aims to strengthen Formidium's corporate services portfolio by integrating Praxonomy's flagship cloud-based board management solution, Boardlogic.
Sony could sell its semiconductor unit for $49 billion, while proxy advisory firm Glass Lewis is considering ending its practice of advising shareholder votes on politically charged topics, and AI startup Nscale plans to raise $2.7 billion in private capital to support the construction of data centers around the world.
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