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Music education provider tunes up for growth with PE investment

Private equity firm Vespa Capital has invested in Rocksteady Music School, a provider of music education services to primary schools and children.

Allegiant kicks off seasonal service to Myrtle Beach | News

Bismarck Airport adds new direct flight to Florida

For sale! Lloyds-backed estate agents Lomond goes on the market

An estate agency group backed by the private equity arm of Lloyds Banking Group is being put up for sale in the latest sign of corporate activity in the sector.

Italy's state-backed loans pose restructuring headache

Dealing with the extensive loan guarantees Italy provided to help businesses through the COVID-19 pandemic and energy crisis is proving complex, hampering efforts to fix some companies' debt problems, restructuring experts said. Under successive emergency measures since 2020, Italy has extended guarantees on 189 billion euros ($205 billion) of bank loans. Economy Minister Giancarlo Giorgetti on Wednesday said it was time to gradually return to normality after what he called a massive state intervention, adding that the significant sums set aside to cover future guarantee payments appeared adequate.