CVC mulls bid for airports

first_img Share CVC mulls bid for airports KCS-content Tags: NULL Sunday 19 December 2010 10:32 pm PRIVATE equity firm CVC is plotting a €12bn (£10.2bn) takeover bid for Spanish airport and road operator Abertis, it emerged yesterday.CVC has begun talks about financing the deal and is thought to be planning to make an approach to the group in January.Abertis runs Luton, Cardiff and Belfast International airports in the UK following its acquisition in 2005 of airport operator TBI, which also had eight international airports including Stockholm Skavsta, La Paz, Santa Cruz and Cochabamba airports in Bolivia and Orlando Sanford in the US.It also runs toll roads in France, Spain, Italy and Portugal, as well as telecom businesses and car parks. CVC Capital Partners spent €1.7bn buying a 15.5 per cent stake in the toll-road operator in August from Spanish builder ACS, which retained an indirect holding of 10.28 per cent.An earlier three-way deal involving CVC, ACS and savings bank La Caixa, which controls a 28 per cent stake in Abertis, to launch a debt-funded buyout failed in July after banks baulked at the €5bn of credit required.La Caixa said when the CVC-ACS deal was agreed that it would remain a core shareholder in Abertis.CVC is thought to have been working on securing the debt since its previous bid failed in the summer, and it will launch a new bid when it has the financing in place.CVC is believed to need Abertis to be unlisted for it to work as a private equity investment and to transfer a stake to its infrastructure fund.CVC, Abertis, La Caixa and ACS all declined to comment yesterday. Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof whatsapp whatsapp Show Comments ▼last_img read more

Phoenix Beverages Limited (PBL.mu) HY2014 Interim Report

first_imgPhoenix Beverages Limited (PBL.mu) listed on the Stock Exchange of Mauritius under the Beverages sector has released it’s 2014 interim results for the half year.For more information about Phoenix Beverages Limited (PBL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Phoenix Beverages Limited (PBL.mu) company page on AfricanFinancials.Document: Phoenix Beverages Limited (PBL.mu)  2014 interim results for the half year.Company ProfilePhoenix Beverages Limited is a Mauritian company that produces bottles and distributes alcoholic and non- alcoholic brews. Under the company’s production line, there are numerous renowned brands represented. With brands such as Guinness Foreign Extra Stout, Malta Guinness and Smirnoff Ice, Coca-Cola, Fanta, Sprite, Schweppes, Dasani and Crystal table water, being produced and sold by the company under the respective contract agreements. The company is headquartered in Phoenix, Mauritius Phoenix and operates as a subsidiary of Phoenix Investment Company Limited. Phoenix Beverages Limited is listed on the Stock Exchange of Mauritius.last_img read more

LivingTrust Mortgage Bank Plc (OMOLU.ng) Q32019 Interim Report

first_imgLivingTrust Mortgage Bank Plc (OMOLU.ng) listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2019 interim results for the third quarter.For more information about LivingTrust Mortgage Bank Plc (OMOLU.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the LivingTrust Mortgage Bank Plc (OMOLU.ng) company page on AfricanFinancials.Document: LivingTrust Mortgage Bank Plc (OMOLU.ng)  2019 interim results for the third quarter.Company ProfileLivingTrust Mortgage Bank Plc, formerly Omoluabi Mortgage Bank Plc is a financial services institution in Nigeria offering banking products and services for the retail, commercial and corporate sectors. The company specialises in mortgage financing and provides products which include national housing fund mortgage loans, commercial mortgages, property acquisition loans and loans for the business, construction and trading sectors. Omoluabi Mortgage Bank Plc also offers a range of banking products and services for the personal banking sector which includes transactional accounts, call accounts, term and fixed deposits, certificate of deposits and housing investment funds. Corporate banking products include overdraft facilities and property development financing and trading. Formerly known as Omoluabi Savings and Loans Plc, the company changed its name to Omoluabi Mortgage Bank Plc in 2016. Its major shareholders are Osun State Government and two major institutional investors. The company’s head office is in Lagos, Nigeria. LivingTrust Mortgage Bank Plc is listed on the Nigerian Stock Exchangelast_img read more

Core funding round opens for Irish national organisations

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 Howard Lake | 19 January 2016 | News Core funding round opens for Irish national organisations About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.  17 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 The Department of the Environment, Community and Local Government in the Republic of Ireland is inviting eligible national organisations to apply for core funding under the Scheme to Support National Organisations (SSNO).The overall aim of SSNO is to provide multi-annual funding towards the core costs of national organisations in the community and voluntary sector to assist them to operate and fund core staff positions. Funding will be provided up 2019.Key factors for SSNO funding will be the ability of applicants to demonstrate good governance and deliver services and supports that have a focus on one or more of the following: addressing poverty, social exclusion and promoting equality.In addition, organisations must provide evidence of a national membership (organisations and/or individual members) and demonstrate extensive reach and engagement across the country. A legal status with an up-to-date Tax Certificate are also essential criteria.The closing date for applications is 8 February 2016 at 12 noon. Applicants will know the outcome of their application by the end of May 2016.The selection process is being carried out by Pobal, with the final decision by the Department. Tagged with: Funding Irelandlast_img read more

Violence in Derry for a third successive night

first_img By News Highland – July 22, 2012 Violence in Derry for a third successive night Guidelines for reopening of hospitality sector published Calls for maternity restrictions to be lifted at LUH Google+ Google+ Pinterest WhatsApp News RELATED ARTICLESMORE FROM AUTHOR Twitter Twittercenter_img WhatsApp Facebook Facebook Almost 10,000 appointments cancelled in Saolta Hospital Group this week Police in Derry have come under attack for a third night.Petrol bombs and missiles were thrown as they responded to reports of youths burning bins and blocking the road in the Moss Park area.Two men were arrested after disturbances in the city on Friday night.Local Councillor Elisha McCallion has made an appeal for anti-community activity in the Galliagh area of Derry to stop.Councillor McCallion said   “The entire community is suffering due to the actions of a view .This has to stop, it cannot go on night after night.”Those behind the wrecking and burning have only succeeded in terrorising local residents by inflicting inconvenience upon them and the wider public. Three factors driving Donegal housing market – Robinson LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Previous articleFAI’s John Delaney confirms 10% pay cut at Letterkenny AGMNext articleTanaiste to deliver John Hume Lecture at MacGill Summer School News Highland Pinterest Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margeylast_img read more

New broadband scheme must set minimum standard – Mc Conalogue

first_imgNewsx Adverts 75 positive cases of Covid confirmed in North Gardai continue to investigate Kilmacrennan fire Google+ Facebook By News Highland – May 11, 2011 Pinterest Twitter Main Evening News, Sport and Obituaries Tuesday May 25th There has been a mixed reaction locally to the governments announcement of a new Rural Broadband Scheme aimed at providing universal broadband access throughout Ireland by the end of 2012.Failte Ireland has welcomed the move, saying it is a welcome development particularly for counties like Donegal.Meanwhile Fianna Fail Deputy Charlie McConolougue says the scheme is flawed in that in only applies to homes and businesses with no current internet access.He says many people in Donegal are classed as having broadband, but in reality, it is so limited it shouldn’t be classed as broadband at all.Deputy McConolougue says a minimum standard of provision must be set……….[podcast]http://www.highlandradio.com/wp-content/uploads/2011/05/charli1.mp3[/podcast] Facebook Google+center_img Further drop in people receiving PUP in Donegal WhatsApp Previous articleExtra €4 million for Donegal roads – Mc GinleyNext articleSoccer – Derry within a point of leaders Rovers News Highland 365 additional cases of Covid-19 in Republic Pinterest Man arrested on suspicion of drugs and criminal property offences in Derry New broadband scheme must set minimum standard – Mc Conalogue RELATED ARTICLESMORE FROM AUTHOR Twitter WhatsApplast_img read more

Supreme Court Issues Notice On Plea Challenging All India Bar Examination (AIBE) Rules

first_imgTop StoriesSupreme Court Issues Notice On Plea Challenging All India Bar Examination (AIBE) Rules LIVELAW NEWS NETWORK17 Jan 2021 11:00 PMShare This – xSupreme Court on Monday issues notice on Petition challenging the All India Bar Examination Rules 2010 framed by the Bar Council of India which mandate that an advocate has to qualify the All India Bar Examination (AIBE) to practice law after enrolment.A bench headed by Justice AM Khanwilkar was hearing a petition filed by a newly enrolled advocate has filed a writ petition in the Supreme…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginSupreme Court on Monday issues notice on Petition challenging the All India Bar Examination Rules 2010 framed by the Bar Council of India which mandate that an advocate has to qualify the All India Bar Examination (AIBE) to practice law after enrolment.A bench headed by Justice AM Khanwilkar was hearing a petition filed by a newly enrolled advocate has filed a writ petition in the Supreme Court challenging the All India Bar Examination Rules 2010 framed by the Bar Council of India which mandate that an advocate has to qualify the All India Bar Examination (AIBE) to practice law after enrolment.The petition filed by Parthsarthi Mahesh Saraf, who enrolled in 2019, questions the authority of the BCI to prescribe such a post-enrollment requirement for practice. The petitioner also challenges the notification issued by the BCI on December 21, 2020 regarding the holding of AIBE 2021 on January 24 and March 13.The petitioner points out that the issue whether the Bar Council of India has the power to prescribe qualification of a pre-enrollment or post-enrollment exam as a condition to practice has been referred to the Constitution Bench by a three judge bench on March 18, 2016(SLP(c) 22337/2008). The reference is still pending.The petition filed through Advocate V K Biju states that in the case V Sudheer vs BCI and another 1999(3) SCC 176, the Supreme Court had quashed the Bar Council Training Rues 1995 holding that BCI cannot impose additional conditions for advocates by way of subordinate rules contravening the provisions of the Advocates Act, 1961.In another decision of the Supreme Court, in the case of Indian Council of Legal Aid and Advice vs BCI reported in 1995 SCC (1) 732, it was held that BCI cannot make any rules under Section 49(1)(ag) of the Advocates Act, 1961, debarring the advocates on the basis of age and such rule is beyond the rule making power and therefore the same is ultra vires the Advocates Act and also against the public policy.The petitioner argues that the AIBE Rules 2010 are against the dictum in the above cited precedents.The petition also highlights that as per 1973 amendment to the Advocates Act, clause (d) of sub-section (1) of Section 24 of the Advocates Act – which provided for passing of an examination held by the State Bar Council after training as a condition for enrollment – was omitted. After such amendment, the BCI lacks statutory power to lay down additional conditions for enrollment and practice, over and above those stated in the Advocates Act, argues the petitioner.Notably, the petitioner also challenges the 1973 amendment to the Advocates Act which omitted Section 24(1)(d). The petition states that a Bar Examination is a pre condition for admission to the Bar in most commonwealth countries, Australia, angladesh, Canada, Hong Kong, Malaysia, New Zealand, Pakistan, Singapore, South Africa as well as the United Kingdom. It is also stated that in India the relevant Statutes/ Acts pertaining to the professional courses like MBBS, CA, CS, BAMS, BHMS etc. prescribe a mandatory training and examination before enrollment on the rolls/registers of the respective professional Institutes/Councils. In this backdrop, the statutory amendment which omitted such condition from the Advocates Act in 1973 is also challenged as “arbitrary and unreasonable”.The petitioner highlights that the reports of the High Powered Committee constituted by the Supreme Court in 2009 has recommended training an examination before enrollment to improve the standards of legal profession. However, ignoring such recommendations, and also violating the Supreme Court judgments, the BCI has introduced a post-enrollment exam, says the petitioner.The following are the main arguments :a. After the amendment of 1973 by which clause (d) of subsection (1) of Section 24 was omitted as this was the only provision providing compulsory training and examination.b. After omitting the above section, BCI cannot make any rules prescribing any examination as it cannot be done through a subordinate legislation without having an appropriate amendment in Advocates Act, as held in Sudheers’ case (Supra)c. The BC bound to follow, at least consider the recommendations of both the High Power Committees headed by the Judges of the Supreme Court and the directions of the SCd. It is also not possible in view of the decision of this Hon’ble Court in the case of Indian Council of Legal Aid (Supra)Next Storylast_img read more

Minnesota sees no rise in COVID-19 cases tied to protests: Health official

first_imgOvidiu Dugulan/iStockBy MEREDITH DELISO and JOSHUA HOYOS, ABC News(NEW YORK) — Infectious disease experts have warned that mass protests over the death of George Floyd could lead to another wave of COVID-19 infections. So far, Minneapolis, where the protest activity originated, has not seen a dramatic uptick in cases related to the demonstrations, the state’s Department of Health told ABC News Monday.As of late last week, 4,487 tests conducted across four testing sites specifically for protesters resulted in 62 positive cases of COVID-19, for a positivity rate of 1.4%, the department said.Another health system in Minnesota, HealthPartners, tested 8,500 protesters in several of their clinics and had a positivity rate of 0.99%, Doug Schultz, public information officer for the Minnesota Department of Health, told MedPage Today last week.The overall positivity rate for Minnesota is currently about 3.6% to 3.7%, according to a health official.Minnesota has 33,227 confirmed cases of COVID-19 and 1,384 deaths, based on the latest figures from the state health department.The results are “very encouraging,” the health official told ABC News. The official attributed the low infection rate to “the fact that many or most protesters were wearing masks, the events were outside, people were often able to maintain a 6-foot distance, and any exposures were of relatively shorter duration, not several hours to the same people in the same place.”The health official did not know how many of the positive cases among protesters were hospitalized, but noted that hospitalizations in the state have been declining.Protests that started in Minneapolis in the days following the death of Floyd while in police custody spread across Minnesota, the United States and the world over the past month.Health departments and government leaders have been recommending that anyone who attends a protest get tested for COVID-19 within a week of possible exposure to the virus. Copyright © 2020, ABC Audio. All rights reserved.last_img read more

Which atlas? A guide to maps of Antarctica

first_imgReferences CitationsMetrics Reprints & PermissionsGet accessThe standard of Antarctic maps in many of the world atlases on sale in the UK is reviewed and the criteria by which they were assessed are discussed. A description of some of the recent changes to the coastline of this dynamic continent emphasises the need for thorough research before reproducing maps of Antarctica in such educational publications.last_img

Brace’s registers interest in factory site

first_imgPlant baker Brace’s has registered its interest in a Remploy factory site in Croespenmaen, which is under threat from closure.Mark Brace, director, has officially stepped forward to signify Brace’s interest in purchasing the site, but the situation is very much in the early stages, according to a spokesperson for the bakery.Remploy aims to provide sustainable employment opportunities to disabled people and those who experience complex barriers to work. However the government’s decision to reduce Remploy’s current funding has forced it to make significant changes to its operations, and it has just proposed the closure of number of sites, including the Croespenmaen factory.Brace’s Bakery, which already has a factory in Croespenmaen Industrial Estate, in Newport, South Wales, originally expressed an interest in the site around 10 years ago.last_img read more