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The Latest Breaking News from Advent

Zimmermann becomes Australia’s first billion-dollar fashion label after private equity acquisition

Brand founders Simone and Nicky Zimmermann retain minority shareholding and say they and current management will continue to run the label

The Guardian - AU

Suven Pharma promoters to sell 50.1% stake to PE player Advent for over Rs 6,300 crore

HYDERABAD: Suven Pharmaceuticals on Monday said its promoters, the Jasti family, are selling their 50.1% stake in the company to global private equity player Advent International for a consideration of over Rs 6,300 crore.

The Times of India

I tried a 12-day cocktail advent calendar and it's cheaper than going to the pub

The box contains 24 cocktails that's perfect for sharing with family and friends when Christmas is over

Manchester Evening News

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Carlyle, Advent get conditional nod from RBI to own 9.99% in Yes Bank

MUMBAI: Private equity majors The Carlyle Group and Advent have got the Reserve Bank's nod to own up to 9.99 per cent in Yes Bank, the private sector lender said on Thursday.

The Times of India

Ultra share price rises after Government paves way to clear £2.6bn Cobham takeover

It follows a 10-month inquiry into the proposed acquisition of the company to assess any national security concerns

Birmingham Post

Takeover of UK defence supplier Ultra Electronics set to be approved

Sonar and radio comms maker expected to be sold to Cobham, owned by private equity firm Advent, in £2.6bn deal

The Guardian - UK

Why Shares Of Advent Technologies Are Skyrocketing Today

Advent Technologies Holdings, Inc. (NASDAQ: ADN) shares are trading higher after the company announced it received notification of euro 782.1 million of funding from the Greek State for the IPCEI Green HiPo project.

Benzinga

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USA clashes with UK business secretary over defence companies

Kwasi Kwarteng has been accused by intelligence sources of jeopardising future partnerships

Wales Online

Advent Technologies Reports Q4 Results, Reveals Strong Demand

Advent Technologies Holdings Inc (NASDAQ:ADN) reported fourth-quarter revenue of $2.90 million, increasing 714% year-over-year. The revenue increase reflects customer demand for Advent's products across the board and through the acquisitions of UltraCell, SerEnergy, SerEnergy Philippines, Inc., and fischer eco-solutions. The gross margin for the quarter was 5% versus 61% in 4Q20. The…

Benzinga

3 Clean Energy Stocks Under $10 That Should More than Double, According to Wall Street

As the world progresses toward a zero-carbon future, the clean energy industry is gaining traction. In addition, government initiatives and declining energy costs should drive the sector's growth. Therefore, Wall Street analysts expect quality clean energy stocks ReNew Energy Global (RNW), Advent Technologies (AND), and Fusion Fuel Green (HTOO) to…

StockNews.com

MoneyGram Reviews Takeover Bids From Private Equity Firms: Report

Private equity firms Madison Dearborn Partners LLC, Siris Capital Group LLC, and Advent International Corp have made competing offers to acquire MoneyGram International Inc (NASDAQ:MGI), Reuters reports. Madison Dearborn offered $10.50 per share in cash, the report adds. MoneyGram closed at $9.27 on January 24. Advent had also expressed interest last year in…

Benzinga

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