The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
stitch secures 55 million to enhance payments infrastructure in africa
Stitch, a South African fintech specializing in open banking and payment infrastructure, has raised $55 million in funding, bringing its total to $101 million. The investment, led by Raba Partners, follows Stitch's acquisition of Exipay, enabling the company to offer end-to-end payment solutions for both digital and physical transactions. As competition intensifies in Africa's fintech sector, Stitch aims to enhance its technology and expand its market presence while navigating regulatory challenges.
canal shares tumble as UBS rates stock fairly valued after london debut
Canal+ shares fell by as much as 19% to 191.10 pence after UBS initiated coverage with a neutral rating and a price target of 240 pence, citing concerns over the company's acquisition of MultiChoice amid declining profits and cash flow losses. This outlook contrasts sharply with CIC Market Solutions, which predicts a rise to 450 pence, suggesting the market has already accounted for the associated risks. Following Canal+'s London debut, the combined value of Vivendi and its spinoffs dropped 10% from its standalone price in December.
canal shares tumble as UBS rates stock fairly valued after london debut
Canal+ shares fell by as much as 19% to 191.10 pence after UBS initiated coverage with a neutral rating and a price target of 240 pence, citing concerns over the company's acquisition of MultiChoice amid declining profits and cash flow losses. This contrasts sharply with CIC Market Solutions, which predicts a rise to 450 pence, suggesting the market has already accounted for the associated risks. Following Canal+'s London debut, the combined value of Vivendi and its spinoffs dropped 10% from its standalone price in December.
canal plus to debut on london stock exchange in major listing boost
Canal+ is set to debut on the London Stock Exchange, marking the largest new listing in two years, with a projected market value of €6bn. The move, seen as a vote of confidence in the UK capital markets, comes as Vivendi spins off its media assets, including StudioCanal. The listing aims to bolster Canal+'s ambitions to compete with major streaming services like Netflix and Disney+.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.