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TRADING UPDATES: Mattioli Woods proposes acquisitions and fundraise
Wed, 26th May 2021 19:50
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:
Mattioli Woods PLC - UK-based wealth management services provider - Proposes acquisition of Maven, a leading private equity investor in UK SMEs and alternative asset manager for GBP100.0 million. Proposes acquisition of Ludlow Wealth Management, a financial planning business in the North West of England with assets under advice of GBP1.6 billion, for up to GBP43.5 million. Says acquisitions in line with its strategy to accelerate growth through strategic acquisitions while enhancing organic growth opportunities; adding scale, distribution and product . Says acquisitions are expected to be earnings accretive in the first full year of ownership. Proposes fundraise via share issuance at fixed price of 660 pence per share to raise GBP110 millio
ALBANY, N.Y. â The New York State Public Service Commission (Commission) recently approved an implementation plan for the Commission-adopted recommendations in the recently completed management and operations audit of three National Grid USA subsidiaries: Niagara Mohawk Power Corporation, the Brooklyn Union Gas Company or KEDNY, and KeySpan Gas East Corporation or KEDLI.
Further, the Commission mandated that National Grid USAâs subsidiaries comply with the provisions of that implementation plan. The audit focused on construction program planning and operational efficiency.Â
âOur audit closely examined the utilitiesâ readiness to deliver service for New Yorkers, response to New Yorkâs clean-energy initiatives, the effectiveness of its gas safety processes and procedures, and how these companies plan for and manage information systems projects,â Commission Chair John B. Howard stated.
The private Jesuit institution in the Silicon Valley, founded in 1851 as the first Jesuit university in the West, is ranked as one of the top 25 schools for undergraduate teaching nationwide. California Govs. Gavin Newsom and Jerry Brown are among its alumni.
In a letter to the university community dated Wednesday, O’Brien wrote that he hopes to return to active ministry as a Jesuit priest after he completes the four- to six-month outpatient program. He did not give details about his conduct, writing only that there had been “accounts of my behavior over the past year in certain social settings with adults that did not meet the highest standards of decorum expected of me as a Jesuit.”
Published May 13, 2021
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The Jesuit priest who presided over an inaugural Mass for President Joe Biden has resigned his position as president of Santa Clara University in Northern California, college officials said, after an investigation found he engaged in inappropriate, alcohol-fueled conversations with graduate students.
The Rev. Kevin O’Brien, at the direction of Jesuit officials, has begun a therapeutic outpatient program to address personal issues, including alcohol and stress counseling. He had been president of Santa Clara University since July 2019 and was placed on leave in March. Download our mobile app for iOS or Android to get alerts for local breaking news and weather.