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October 2016

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German SMEs most optimistic as international economy responds to Brexit

31st October 2016
Germany’s small businesses are the most optimistic about their own economy according to the inaugural Global Business Monitor report from international business funder, Bibby Financial Services (BFS). Nearly three-quarters (73%) of German SMEs say their national economy is performing well in the global study that surveyed business owners in the US, Germany, UK, Poland, Hong […]
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UK GDP beats expectations

27th October 2016
by Ben Brettell, Senior Economist, Hargreaves Lansdown The UK economy shook off Brexit-related uncertainty to post 0.5% growth in the third quarter. This is down from 0.7% in Q2, but far better than the 0.3% economists had feared. The ONS said there was little evidence thus far of an output shock in the immediate aftermath […]
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The OECD Development Centre , CAF and ECLAC to launch their joint report Latin American Economic Outlook 2017

26th October 2016
The Latin American Economic Outlook 2017 will launch on Friday 28th October at 18:00h at the XXV Ibero-American Summit of Heads of State and Government, in Cartagena de Indias, Colombia. This edition focuses on youth, skills and entrepreneurship for more inclusive and sustainable growth in the region. It provides in-depth analysis of Latin America’s youth […]
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Robynne Sisco - CFO of Workday

24th October 2016
This month Finance Monthly takes a close look at the work and accomplishments of Robynne Sisco - the chief financial officer of the Californian company Workday - a leading provider of enterprise cloud applications for finance and human resources. The company was founded in 2005, with a vision to deliver a modern, cloud-first approach to […]
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Brexit: Calm before the Storm

24th October 2016
By Don Smith Despite a run of better than expected UK economic data since the Brexit vote – including 0.7% second-quarter expansion, beating estimates – financial markets are increasingly concerned about the outlook for the country’s economy and its currency. This can be seen most dramatically in sterling’s plunge on the foreign exchanges, which shows […]
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BWK and PL Investments take an equity stake in SDV-Group

24th October 2016
BWK GmbH Unternehmensbeteiligungsgesellscha­, Stuttgart (BWK), and PL Investments ISA, Luxembourg (PLI), supported by Kieger AG, Zurich as Investment Advisor, have acquired part of the SDV-Group, together with its management team from Christoph Deutsch. BWK and PLI now hold 40 % each of the SDV-Group. The SDV-Group, formed in 1990 in Dresden, manufactures high-quality, individualised printing […]
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Propercorn recieves £7m investment from Piper and JamJar

24th October 2016
The UK’s fastest growing popcorn brand Propercorn has secured a £7m investment from JamJar Investments, founders of smoothie maker Innocent Drinks and Piper Private Equity. The company will use the investment to support its plans for UK and international growth. Propercorn, which is known as a healthy and gluten-free brand, was founded in 2011 by […]
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Deutsche Beteiligungs AG invests in Frimo

24th October 2016
Deutsche Beteiligungs AG (DBAG) will invest alongside its advised DBAG Fund VI in the FRIMO Group GmbH (Frimo), DBAG has announced. Frimo is a leading global provider of tooling and plants for the production of high performance plastic components primarily for car interiors. DBAG and DBAG Fund VI will acquire a majority interest in Frimo […]
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Kettle Foods acquires 74% of Metcalfe’s to take full control

24th October 2016
Snyder's-Lance, Inc. announced that the Company's Kettle Foods subsidiary completed the acquisition of Metcalfe's skinny Limited ("Metcalfe"), by acquiring the remaining 74% interest in the leading UK premium popcorn brand. Kettle Foods had initially acquired a 26% stake in the business from Metcalfe in January 2016. Metcalfe was founded in 2009 by Julian Metcalfe, the co-founder of Pret A […]
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Auctionata and Paddle8 to merge companies

24th October 2016
Auctionata and Paddle8 have joined forces to create the global leader in online art, collectibles and vintage luxury. The joint company will immediately become one of the top 10 auction houses worldwide outside of China and the fastest growing company in the sector. Paddle8 and Auctionata share a vision of being the destination of choice […]
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Fircroft’s acquisition of One Key Resources

24th October 2016
Fircroft, the global workforce solutions provider to the technical engineering sectors, has strengthened its position within the mining, minerals and natural resources industries with the acquisition of One Key Resources; a specialist provider of labour hire and managed workforce services to the mining, oil and gas, and infrastructure industries. Established in 2011, One Key have […]
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