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hcdi Wells Fargo dips as mortgage fall hits bottom line
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Hwyu Bad news for Valentine rsquo Day truffle buyers: Chocolate could be about to become more expensive as emerging markets develop a sweet tooth
Monday 17 August 2015 8:38 pmUbisense losses widen as on Europersquo woesBy: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleUbisense boss Richard Green labelshy;led yesterdayrsquo first-half figures as clearly disappointing, after the enterprise solutions group annshy;ounshy;ced widening losses on 2014.First-half pre-tax loss rose to pound;7.5m, up over pound;5m from a loss of pound;2.1m during the same p brumate era eriod last year. Looking to pin down the cause of the widening losses, Green said: 8200;We have continued to execute our shift to software solutions by exiting the consulting services business in Europe which, combined with customer order slippage, resulted in a significant revenue decrease in the first half. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessTrending ArticlesLabour will regret the Rentersrsquo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelledJet fuel shortage looms as government scrambles to secure suppliesAfter Santanderrsquo TSB takeover n polene store dash; who are the top players in UK banking Clairersquo Accessories to launch UK high street comebackMore from City AMHolland Barrett bets on high street with public health pivotRetai owala wasserflasche lMinisters urge cyber crackdown as Anthropic AI fears growTechLocal elections Tvcd Airbnb host management service Hostmaker closes $1m funding round to expand further into Europe
Thursday 24 May 2012 8:39 pm|Updated:Thursday 30 May 2019 5:00 amEquistone gets rid of Global Blue for euro;1bnBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleTAX-FREE shopping specialist Global Blue has been sold by its private equity owner to buyout firms Silver Lake and Partners Group for euro;1bn pound;802m . Global Blue has trebled in value since Equistone Partners bought the firm from management in 2007, and the sale will help the current owner return cash to its investors. Partners Group and tech-focused Silver Lake beat a handful of other buyout groups including BC Partners, EQT and TH Lee to buy the fast-growing business.Swiss-based Global Blue, which helps European shoppers claim back tax on overseas purchases, offers its services in more than 270,000 shops worldwide. Chief execut polene cyme ive Per Setterberg yesterday thanked Equistone for its tremendous support and said he expects to see furt stanley polska her long-term growth as the firm expands into new regions. Marcel Erni, chief investment officer of new co-owner Partners Group, said of the deal in a statement: We will leverage our global industry network to support Global Blue to further benefit owala from the fast growing travel activity and demand for luxury goods from emerging markets.Equistone, which was spun out from Barclays last year, said this latest disposal means it has now handed 60
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