Connells Group buys up Countrywide shares of rival ahead of deal vote

first_imgConnells has bought the Countrywide shares of its principal rival in the race to acquire the estate agency.Investment firm Alchemy has sold its 895,360 shares to Connells, which represent nearly 3% of Countrywide’s available stock.This means Connells now owns or has the backing of shareholders representing just over 55% or 18 million of Countrywide’s shares, largely sealing the deal to buy the company, details of which are due to be voted through on February 15th.Alchemy and Connells have in the past exchanged harsh words during their brief time as competitors in the race to buy Countrywide, including Connells’ assertion that Alchemy lacked the management experience to run a huge estate agency group.Final actToday’s announcement is the final denouement of this battle ahead of the official court-sanctioned vote at which investors will be asked to endorse the deal.Connells will have to secure the votes of investors holding at least 75% of Countrywide’s share but, given it already has 55%, this is largely a formality.The most recent announcement on the deal, issued on Friday, also contained an undertaking by Alchemy that it ‘did not intend to make an offer for the entire issued and to be issued share capital of Countrywide pursuant to Rule 2.7 of the Takeover Code’.But the costs of taking over Countrywide are mounting. Buying Alchemy’s shares will have cost Connells £3.56 million. The overall cost of buying its entire share allocation is set to reach £134 million, backed by the deep pockets of its owner, Skipton Building Society.Alchemy connells Countrywide January 25, 2021Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Agencies & People » Connells Group buys up Countrywide shares of rival ahead of deal vote previous nextAgencies & PeopleConnells Group buys up Countrywide shares of rival ahead of deal voteAgency says it has agreed to buy 895,360 shares off Alchemy, which at one point was poised to buy Countrywide.Nigel Lewis25th January 202103,290 Viewslast_img read more

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Spanish flu survivor’s blood to be vaccine aid

first_img 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! BUFFALO, N.Y. – A 92-year-old woman who survived the Spanish flu in 1918 has given 10 vials of her blood to medical researchers who are trying to develop more effective vaccines against bird flu. Dorothy Horsch was in kindergarten when she contracted the illness, which killed 20 million to 40 million people worldwide. “My mother and father and sister and I, all four of us had it, and all four of us survived,” she said Friday. “That was a miracle.” “All we did was lay in bed. I don’t remember eating,” said Horsch, whose mother hung a camphor bag around her neck to ward off germs as schools and businesses closed. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREBasketball roundup: Sierra Canyon, Birmingham set to face off in tournament quarterfinalsShe drifted in and out of consciousness with fever; she doesn’t know for how long. The family eventually recovered, helped by twice-daily house calls from their doctor. Horsch’s blood will be part of a catalog of blood and bone marrow samples being compiled by Sea Lane Biotechnologies, a Menlo Park, Calif., company that hopes to track changes in the virus that might help develop better vaccines. “We’re looking at the different human responses to the various flus over the course of history,” said Michael Horowitz, general counsel for the company.last_img read more

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Gov’t Strengthens Social Interventions in Mount Salem

first_img The Government is intensifying social-intervention activities in the Mount Salem Zone of Special Operations (ZOSO) in St. James. The Government is intensifying social-intervention activities in the Mount Salem Zone of Special Operations (ZOSO) in St. James.Prime Minister, the Most Hon. Andrew Holness, said the Jamaica Social Investment Fund (JSIF) and the Ministry of Economic Growth and Job Creation will be signing a memorandum of understanding (MOU) for construction of 1,000 metres of concrete fencing under the Zinc Fence Substitution Project.He noted that the works have been approved and community members are currently receiving training.“The project will employ, in the short-term, 75 to 100 persons and will start this month,” Prime Minister Holness informed during Wednesday’s (April 11) sitting of the House of Representatives.He noted that significant progress has been made in Mount Salem in terms of infrastructural development, noting that the National Works Agency (NWA) is at the midpoint of an estimated 10-week programme to rehabilitate 3.5 kilometres of roadway.He informed that more than 15 persons have been employed during the execution of the project, and, on completion, it will account for 90 per cent of the primary road network in the Zone.Mr. Holness said the NWA has also cleaned the three main drainage networks in the community, which has translated into improved water run-off.Other areas of improvement include water regularisation, upgrading of the Mount Salem Primary and Junior High School, rodent control and provision of proper garbage-disposal facilities.Mr. Holness told the House that measures have been undertaken to improve parenting, with the National Parenting Support Commission (NPSC) completing one round of training and over 10 families benefiting. He said that the initiative will continue.The Prime Minister said that in order to ensure sustainability, a permanent parenting place is being equipped, which will provide parenting resources as well as access to information and communications technology (ICT).He informed that residents are benefiting from training and capacity-building initiatives in areas such as block laying and titling, under the Housing, Opportunity, Production and Employment (HOPE) Programme and through the HEART Trust/NTA.Meanwhile, the Prime Minister said persons will be able to access grant funding of between $1.5 million and $25 million for entrepreneurial ventures.The application process will conclude on April 30, following which successful applicants will be able to access targeted training and equipment, business mentorship from experienced entrepreneurs, among other services. “The project will employ, in the short-term, 75 to 100 persons and will start this month,” Prime Minister Holness informed during Wednesday’s (April 11) sitting of the House of Representatives. Prime Minister, the Most Hon. Andrew Holness, said the Jamaica Social Investment Fund (JSIF) and the Ministry of Economic Growth and Job Creation will be signing a memorandum of understanding (MOU) for construction of 1,000 metres of concrete fencing under the Zinc Fence Substitution Project. Story Highlightslast_img read more

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Rats are taking over Toronto The city is…studying it

first_imgIn today’s Big Story podcast, they swarm in alleys, crawl up toilets and dig through foundations. By every measure, rats are on the rise in Toronto—and in large cities around the world. The difference between Toronto and so many of those cities? Other cities take action when homeowners report infestations. So far, Toronto has no official policy or strategy.Alberta claims to be free of mating rats. Vancouver has “The Rat Project”. New York and Chicago have extensive plans in place to corral exploding populations. So what is Toronto doing? What will happen when the study is complete later this year? And if you’ve got rats, like, right now, what can you do?GUEST: Amy Dempsey, feature writer, Toronto Star(We apologize for how often you might squirm while listening to this episode.)Audio Playerhttps://rogers-aod.leanstream.co/rogers/thebigstory_dai/tbs_06142019_dai.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.You can subscribe to The Big Story podcast on Apple Podcasts, Google and SpotifyYou can also find it at thebigstorypodcast.ca.last_img read more

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Jillian Michaels To Stand Up For Cancer On Night Nation Run

first_imgStand Up To Cancer (SU2C) is excited to announce Jillian Michaels, one of the nation’s leading health and wellness experts, will participate on behalf of SU2C in the Night Nation Run on Saturday, October 24th.The running 5k music festival, will take place at the StubHub Center in Carson, CA. Stand Up To Cancer, a program of the Entertainment Industry Foundation, has been named the official charitable beneficiary of the Night Nation Run. The Running Music Festivals will be held in over 30 cities across the U.S. in 2015 and 2016.Similar to Michaels’ message of wellness, staying active and having fun, the Night Nation Run’s goal is to make a lasting impact by supporting SU2C and its innovative cancer research in a variety of ways through its races. Additionally, runners can create teams to help fundraise for SU2C through the SU2C website at www.su2c.org/nightnationrun.“I’m proud to be involved with Stand Up To Cancer and join the Night Nation Run,” said Jillian Michaels. “Cancer is a disease that impacts all of us. Through opportunities like this run, we can team up and work together to lead stronger, healthier lives. This event provides people across the country with an easy, fun and active way to truly give back and make a difference in the fight against cancer.”“We are so grateful to Jillian Michaels for joining this Night Nation Run on behalf of Stand Up To Cancer,” said Sue Schwartz, Co-Founder, Stand Up To Cancer. “Her inspiring approach to living a healthy, fit lifestyle while also having fun is a perfect fit for our collaboration with the Night Nation Run.”“We are so excited to have Jillian Michaels join Night Nation Run in support of our Official Charitable Beneficiary, Stand Up To Cancer,” said Carly Moskowitz, Director of Marketing for Night Nation Run. “Together we can continue to utilize Night Nation Run as a platform to allow our participants to contribute to innovative cancer research, all while celebrating music in a fun environment.”The Night Nation Run music festival is a 5K filled with lights, lasers, beats and music. For more info about where and when you can take part, click here.last_img read more

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Major Canadian brewer not amoosed by Vermont pub waging trademark battle

first_imgCanada’s largest independent brewery is once again locking horns with a smaller competitor in a trademark dispute over its moose-themed names and logos.Moosehead Breweries has filed a trademark infringement lawsuit against the Hop’n Moose Brewing Co. in Rutland, Vt., arguing that the brewpub’s similarity in name and logos could create confusion and damage the Moosehead brand.“As a family-owned company, Moosehead Breweries respects and supports the efforts of small business owners everywhere,” Moosehead said in an emailed statement.“It is, however, incumbent on us to protect our business interests, including our corporate trademarks.”In court documents, Moosehead said it owns multiple U.S. trademark registrations for the words “moose” and “moosehead” as well as images of the head and antlers of a moose.The New Brunswick-based brewery said its moose family of trademarks have been in use since at least the late 1970s in the United States in connection to its beer brands and consumer products, which include a variety of drinking glasses, apparel, posters, stickers, playing cards and pens.Hop’n Moose opened in 2014 and recently began canning its beer, which is sold in about 15 nearby stores. In court documents, Moosehead said that the Vermont brewpub has also been using its trademarks on promotional materials and related consumer products since the business first opened its doors.Moosehead said in the lawsuit that it had made repeated and numerous demands to Hop’n Moose owner Dale Patterson to cease using its trademarks, to no avail.“When faced with issues of trademark violation, litigation is always a last resort,” Moosehead said.“We always — as we did in this case — attempt to work out resolutions with any breweries considered to be violating Moosehead trademarks.”The brewer added, “we remain open to further discussions.”Patterson said Tuesday he hasn’t seen Moosehead’s lawsuit, but doesn’t want to change his logo.This isn’t the first time a small brewer has attracted the ire of Moosehead.Last year, Moosehead informed Regina’s District Brewery that it opposed the name of District’s flagship beer, Mues Knuckle, pronounced Moose Knuckle — again arguing the name is confusingly similar to its own and infringes on its trademark name.District Brewery president Jay Cooke said at the time there is no photo of a moose on its product and the name, which has a German spelling, distinguishes it from Moosehead.In 2002, Moosehead won its U.S. trademark dispute with an Idaho brewery looking to add the name ”moose” to one of its products. After a five-year battle, Grand Teton Brewing Co. discontinued production of its Moose Juice Stout.last_img read more

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Filing Utility could face charges in California wildfires

first_imgSACRAMENTO, Calif. — California’s attorney general has told a federal judge it’s possible the state’s largest power utility, Pacific Gas & Electric Co., could face charges up to murder if investigators find reckless operation of power equipment caused any deadly wildfires in the past two years.The Sacramento Bee reports the brief is purely advisory, and any criminal charges would most likely be filed by county district attorneys, not the state.The opinion was submitted to a judge overseeing a criminal case involving a PG&E natural gas pipeline explosion that killed eight people in the San Francisco suburb of San Bruno in 2010.PG&E was convicted of violating federal pipeline safety laws, and the judge asked for the attorney general’s opinion on whether any wildfires constitute a probation violation.The company has until Monday to file its response.___Information from: The Sacramento Bee, http://www.sacbee.comThe Associated Presslast_img read more

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New Study Confirms Forest Industrys Economic Impact

first_img“Forestry provides jobs to people all around the province and helps drive our provincial economy,” said Forests, Lands, Natural Resource Operations and Rural Development Minister Doug Donaldson.  “This government is committed to working with communities and industry to support jobs in this important sector.”“While this study demonstrates once again that the forest industry continues to be an economic engine for our province, we are also an industry that is facing significant challenges, including rising fibre costs, ongoing trade headwinds and strong global competition,” added Yurkovich. “These challenges are complex and require the collective effort of governments, industry and communities working together to ensure that we find our way past them in a way that ensures the industry can continue to support the good family-supporting jobs and economic activity across B.C.”To view the report; CLICK HERE The study provides a region-by-region overview of jobs, economic activity, and forestry activities, highlighting how the jobs are distributed, and how they contribute to the health and economic prosperity of communities throughout British Columbia.The study notes that forestry is highly interdependent across B.C. with partially processed or finished goods flowing between regions, generating economic impact across the province.5,315 Indigenous workers are directly employed in the forest industry in B.C. found the study. Making up about 9% of the workforce, or 1 in 11 direct jobs. This level of employment is more than in any other resource sector in B.C. In addition to working directly in forestry and manufacturing jobs, Indigenous participation in the forest sector is strong in the contracting sector, including activities such as logging, construction, silviculture, firefighting and professional services.B.C.’s forest industry is a leading supplier of high-quality, environmentally responsible forest products to countries around the world.The PwC report also includes a series of case studies highlighting the integrated nature of the industry, sustainability, mitigating climate change, the diversity of products produced from both family-owned to global forest product companies, and more.“B.C.’s forest industry has long been the cornerstone of the provincial economy and one of the largest employers in the province,” said Susan Yurkovich, President & CEO of the BC Council of Forest Industries. “This new study confirms that not only does the forest industry generate significant jobs and economic activity for the province overall, but these benefits can be found in every corner of the province – from Vancouver Island to the Interior, Lower Mainland to the Kootenays, and North Coast, Okanagan and Northeast regions of the province.” VANCOUVER, B.C. – The BC Council of Forest Industries (COFI) released a new economic study that finds the B.C. forest industry generates significant economic activity and employment in every region of the province.British Columbians from urban and rural communities are employed with 140,000 forestry and forestry-related jobs.PwC conducted the report and assessed the economic impact of the forest industry in seven regions of B.C. finding 20 percent of jobs in the Northeast are generated by the forest industry.last_img read more

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Bob Zimmers Grand Opening of Fort St John Campaign Office

first_imgZimmer was elected to represent the Conservative party in 2011, 2015 and is now running for re-election in 2019 with the campaign slogan ‘It’s time to get you ahead.’ Zimmer shares, this is a positive message for the entire community.“Campaign 2019 for us is really a positive message of how to get you ahead, that is resource sector jobs for the folks in Fort St. John, Dawson Creek, Fort Nelson, and Prince George,” said Zimmer.“That’s my job and in Ottawa, what we want to see for the next four years is to continue an upward direction in terms of development. That’s what I want to see for us,” said Zimmer.Zimmer is local to the area and shares after his return to living in Fort St. John from Ottawa, he feels FSJ is home. He also goes on to share that he never considers his political seat safe and has been working hard since 2011.“We have a strong riding here, usually the strongest conservative riding at approx 55 percent of the province,” said Zimmer.Zimmer finishes by sharing that he and his team are making sure to pound the pavement, putting up signs and meeting people to answer their questions as he needs people to come out and support him. Wednesday, September 18, 2019, from 4:00 p.m. – 6:30 p.m at 1201 Alaska Avenue The Prince George Campaign Office Grand Opening is Tuesday, September 17th, 2019 and Dawson Creek’s Grand Opening takes place the day after.Prince George Campaign Office Grand OpeningTuesday, September 17, 2019, from 11:30 a.m. – 1:00 p.m at 1905 Victoria StreetDawson Creek Campaign Office Grand Openingcenter_img FORT ST. JOHN, B.C. – Monday, September 16th, Bob Zimmer and his party had the grand opening for their Campaign Office in Fort St. John.The opening of the Campaign Office, located at 10230 – 100th Street allowed the public to meet with Zimmer and his staff with a beverage and a piece of cake.last_img read more

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