Simmons & Simmons

Advanced Reinsurance Contracts and Disputes Online Masterclass Training Course - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 31, 2024
Legal, Professional Services, Simmons & Simmons, Policy, DAC Beachcroft, Consultant, Ince, Climate change, Kiln, Lloyd's of London, Court, Partner, Insurance

She began her reinsurance career with 15 years with the Kiln group at Lloyd's.

Key Points: 
  • She began her reinsurance career with 15 years with the Kiln group at Lloyd's.
  • She currently acts as arbitrator, mediator, expert witness and technical consultant in a wide range of claims, wordings and market practice matters and writes, lectures and provides training courses on similar subjects.
  • Sherry Goodman-Smith is a specialist in complex insurance and reinsurance policy coverage disputes.
  • Simon's practice focuses on reinsurance, financial lines and professional indemnity business but has included most areas of non-marine business.

Honeywell to Strengthen Building Automation Business with Acquisition of Carrier's Global Access Solutions

Retrieved on: 
Friday, December 8, 2023
Slate, EBITDA, Womble Bond Dickinson, Acquisition, NYSE, Simmons & Simmons, Carrier Global, Automation, CARR, Aviation, Growth, Supra, Online shopping, Honeywell

This acquisition will enable Honeywell to become a leading provider of security solutions for the digital age.

Key Points: 
  • This acquisition will enable Honeywell to become a leading provider of security solutions for the digital age.
  • The acquisition, which includes both hardware and software solutions, further supports Honeywell's recently announced plans to align its portfolio to three compelling megatrends: automation, the future of aviation and energy transition, underpinned by robust digitalization capabilities and solutions.
  • The Global Access Solutions business will enhance Honeywell Building Technologies' business model of leading with high-value products that are critical for buildings.
  • The business brings an attractive growth and margin profile that will be accretive to Honeywell with valuable software content, resilient business model and strong sources of recurring revenue.

EQS-News: SUNfarming secures mezzanine debt for operational photovoltaic portfolio with approx. 185 MWp in Germany

Retrieved on: 
Thursday, October 26, 2023
Simmons & Simmons, Energy, Insurance, Growth, Infrastructure, Renewable energy, Security (finance), Financial services

SUNfarming secures mezzanine debt for operational photovoltaic portfolio with approx.

Key Points: 
  • SUNfarming secures mezzanine debt for operational photovoltaic portfolio with approx.
  • SUNfarming Group from Erkner secures mezzanine financing in a double digit million amount.
  • The subordinated debt was provided by a managed account, which is administered by Prime Capital AG ("Prime Capital").
  • SUNfarming secures fresh growth capital to finance its further project pipeline in Germany.

Vivid Seats Announces Acquisition of Wavedash

Retrieved on: 
Monday, August 7, 2023
Nishimura & Asahi, Nishimura, Wave dash, USD, Vivid Seats, Simmons & Simmons, EBITDA, TMI Associates, Airline, Retail

Vivid Seats will acquire Wavedash for an enterprise value of approximately ¥‎8.7 billion, or approximately $61 million*, in cash.

Key Points: 
  • Vivid Seats will acquire Wavedash for an enterprise value of approximately ¥‎8.7 billion, or approximately $61 million*, in cash.
  • “Wavedash presents a strategically exciting and financially accretive opportunity for Vivid Seats,” said Stan Chia, Vivid Seats CEO.
  • “With approximately $35 million of revenue in the fiscal year ended March 31, 2023, and accretive EBITDA margins, we are excited about the strategic and financial impact Wavedash will bring.”
    Following completion of the deal, Wavedash will operate as a wholly owned subsidiary of Vivid Seats.
  • Simmons & Simmons and Nishimura & Asahi are serving as legal counsel to Vivid Seats.

Linklogis Collaborates with The BIS Innovation Hub and Standard Chartered: Project Dynamo Delivers Ground-breaking Solution for SME Finance with Programmable Digital Trade Tokens

Retrieved on: 
Thursday, June 8, 2023
SME, EBL, Partnership, Partner, Standard Chartered, One Vision (DTT), Hope, Innovation, Simmons, RD, USD, Digital technology, Simmons & Simmons, Transaction, Corporation, Project, Growth, ESG, Bank, CDD, Hong Kong Monetary Authority, KYC, Renewable energy, Cryptocurrency, Linklog

Recognising the strategic importance of the SMEs and the staggering unmet trade financing gap, estimated at USD 1.7 trillion globally, the Bank for International Settlements Innovation Hub (BIS Innovation Hub), in collaboration with Linklogis, Standard Chartered, RD Technologies, and Simmons & Simmons, unveils 'Project Dynamo'.

Key Points: 
  • Recognising the strategic importance of the SMEs and the staggering unmet trade financing gap, estimated at USD 1.7 trillion globally, the Bank for International Settlements Innovation Hub (BIS Innovation Hub), in collaboration with Linklogis, Standard Chartered, RD Technologies, and Simmons & Simmons, unveils 'Project Dynamo'.
  • This project delivered a visionary prototype leveraging the power of Digital Trade Tokens (DTTs) to empower SMEs and revolutionise the way financing is provided.
  • 'Project Dynamo' represents a transformative solution, underpinned by cutting-edge technology, strategic partnerships, and a shared commitment to driving sustainable growth for SMEs.
  • Benedicte Nolens, head of the BIS Innovation Hub Hong Kong Centre noted, ‘Selecting and completing this project has been an exciting journey.

S64 Bolsters Pioneering Team With Strategic Hires Amid Surging Demand for Private Markets Products

Retrieved on: 
Thursday, September 29, 2022
Mobile, Wireless, Technology, Finance, Fintech, Banking, Professional Services, Business, Software, Data Management, Asset Management, Barings LLC, Simmons & Simmons, Kevin Eltife, Growth, Deutsche Bank, Goldman Sachs, Industry, Business, CEO, Credit Suisse, Compliance, Solution, EMEA, Preqin, J. P. Morgan, Airline, Retail, Bank, Financial services, S64

Led by founder and CEO Tarun Nagpal, S64s team has led the way in industry innovation for more than a decade, pioneering the development of alternative platform solutions.

Key Points: 
  • Led by founder and CEO Tarun Nagpal, S64s team has led the way in industry innovation for more than a decade, pioneering the development of alternative platform solutions.
  • S64 expects to more than double its 40-strong headcount over the next 12 months across its structuring, distribution, platform and technology expertise.
  • Tarun Nagpal, CEO of S64, commented: Im delighted to welcome some of the industrys leading talent to our firm.
  • S64 is a leading global alternatives solutions business bridging the opportunity in private markets.

Digital FMI Consortium set to explore New Era for money

Retrieved on: 
Wednesday, August 17, 2022
Trust, Multimedia, Association, Fintech Valley Vizag, Boston Consulting Group, United Kingdom, Industry, IBM, Holy Grail, CEO, SIG, Fed, Commerce, Ecosystem, Rosa, DLT, Payments Associations, CBDC, Central bank digital currency, Environment, World Wide Web, Special, Founder CEO, Interest group, NFT, Mace Head Atmospheric Research Station, View, Farrant, ECB, KYC, Community business development corporation, University, Simmons & Simmons, Digital, Special interest group, Central bank, Virtual currency, Cryptocurrency, Online shopping, Finastra

LONDON, Aug. 17, 2022 /PRNewswire/ -- A cross-industry consortium is being launched in the UK to reimagine and test new payment rails for the global financial system, the Digital FMI Consortium announced.

Key Points: 
  • LONDON, Aug. 17, 2022 /PRNewswire/ -- A cross-industry consortium is being launched in the UK to reimagine and test new payment rails for the global financial system, the Digital FMI Consortium announced.
  • The new group standing for 'Digital Financial Market Infrastructure (DFMI)' is the body behind Project New Era , the UK's first privately-led Digital Sterling (dSterling) pilot, set to launch in the autumn.
  • The consortium intends to use the blueprint set out by Project New Era to launch private-sector pilots in multiple jurisdictions across the world.
  • The DFMI Consortium is made up of leading financial institutions, including commercial banks, payment providers, telecommunications providers, FinTechs, NFT ecosytems and digital currency exchanges.

Digital FMI Consortium set to explore New Era for money

Retrieved on: 
Wednesday, August 17, 2022
Trust, Fintech Valley Vizag, Association, Boston Consulting Group, United Kingdom, Industry, IBM, Holy Grail, CEO, SIG, Fed, Commerce, Ecosystem, Rosa, DLT, Payments Associations, CBDC, Central bank digital currency, Environment, World Wide Web Foundation, Special, Founder CEO, Interest group, NFT, Mace Head Atmospheric Research Station, Farrant, ECB, KYC, Community business development corporation, University, Simmons & Simmons, Digital, Special interest group, Central bank, Virtual currency, Cryptocurrency, Online shopping, Finastra

LONDON, Aug. 17, 2022 /PRNewswire/ -- A cross-industry consortium is being launched in the UK to reimagine and test new payment rails for the global financial system, the Digital FMI Consortium announced.

Key Points: 
  • LONDON, Aug. 17, 2022 /PRNewswire/ -- A cross-industry consortium is being launched in the UK to reimagine and test new payment rails for the global financial system, the Digital FMI Consortium announced.
  • The new group standing for 'Digital Financial Market Infrastructure (DFMI)' is the body behind Project New Era , the UK's first privately-led Digital Sterling (dSterling) pilot, set to launch in the autumn.
  • The consortium intends to use the blueprint set out by Project New Era to launch private-sector pilots in multiple jurisdictions across the world.
  • The DFMI Consortium is made up of leading financial institutions, including commercial banks, payment providers, telecommunications providers, FinTechs, NFT ecosytems and digital currency exchanges.

JATT Acquisition Corp. and Zura Bio Limited Announce Definitive Business Combination Agreement to Create NYSE Listed Biotechnology Company

Retrieved on: 
Friday, June 17, 2022
Research, Infectious Diseases, Finance, Clinical Trials, Professional Services, Biotechnology, Pharmaceutical, Health, Science, Oncology, Name, Industry, Review, Security (finance), Alopecia areata, Hair, COVID-19, Risk, Safety, Annual report, PIPE, Simmons & Simmons, Person, TSLP, SPAC, Prospectus, Autoimmune disease, Cayman, Probability, U.S. Securities and Exchange Commission, Inflammation, Forward-looking statement, Private Securities Litigation Reform Act, Securities Act of 1933, New, Proxy, Clinical trial, Failure, Form 10-Q, Cayman Islands, Acquisition, Ogier the Dane, SEC, McDermott Will & Emery, Sale, Pfizer, Medicine, Patient, IL7, Communication, Multimedia, Form, Form 10-K, NYSE, Lists of diseases, Pharmaceutical industry, Vaccine, Risk management, Ownership

Zura Bio Limited (Zura Bio), a clinical-stage biotechnology company focused on developing novel medicines for immune disorders, and JATT Acquisition Corp. (JATT) (NYSE: JATT, JATT.U, JATT.WS), a publicly traded special purpose acquisition company (SPAC) formed for the purpose of acquiring or merging with one or more businesses, today announced they have entered into a definitive business combination agreement.

Key Points: 
  • Zura Bio Limited (Zura Bio), a clinical-stage biotechnology company focused on developing novel medicines for immune disorders, and JATT Acquisition Corp. (JATT) (NYSE: JATT, JATT.U, JATT.WS), a publicly traded special purpose acquisition company (SPAC) formed for the purpose of acquiring or merging with one or more businesses, today announced they have entered into a definitive business combination agreement.
  • Upon closing of the transaction, the combined company will be renamed Zura Bio Limited.
  • Zura Bio has a compelling asset in ZB-168 with the potential to target two important immune pathways in IL7 and TSLP.
  • Neither Zura Bio nor JATT gives any assurance that Zura Bio or JATT will achieve its expectations.

DGAP-News: Capcora accompanies ENERPARC on the sales of a 440 MWp solar PV portfolio in Germany and Spain to Ingka Group

Retrieved on: 
Tuesday, April 12, 2022
Wind, Due diligence, Inter, News, DGAP, Farm, CEO, Electricity, IKEA, Investment, Documentation, Simmons & Simmons, Maintenance, Partnership, Security (finance), Renewable energy, Financial services

Ingka Investments, the investment arm of Ingka Group, acquires nine solar PV park projects in Germany and Spain from solar PV developer, ENERPARC.

Key Points: 
  • Ingka Investments, the investment arm of Ingka Group, acquires nine solar PV park projects in Germany and Spain from solar PV developer, ENERPARC.
  • The total investment in the solar PV development portfolio will amount to approximately EUR 340 million.
  • The expected energy capacity of the solar PV parks equals 300 MWp in Germany across four solar PV development projects and 140 MWp in Spain across five solar PV development projects.
  • It is a wonderful signal that Ingka Group and ENERPARC have joined forces to contribute to a world of carbon-neutral energy generation."