IPO

Ituran Location and Control Ltd. (NASDAQ: ITRN), announced following an investment round in one of its early stage mobility technology holdings, Bringg, Ituran will realize a non-cash capital gain in the first quarter amounting to $2.5 million.

Euronext welcomed asset management and investment group Tikehau Capital’s listing in Compartment A of its regulated market in Paris. Tikehau Capital was listed through the admission to trading on 7 March 2017 of a total of 70,888,284 shares. Its market capitalisation is around €1.5 billion...

AnaCap Financial Partners (“AnaCap”), the specialist European financial services private equity firm, has today announced that it has signed an agreement to acquire a controlling stake in Heidelpay, a leading German online payment service provider (PSP). As part of the transaction, the Co-Founders and existing management will retain a minority stake in the business.

Group Parot dates back to 1978, when its founders purchased a small car dealership in Brive-la-Gaillarde in southwestern France. Today the family-owned business employs 650 people and is present nationwide with 32 dealerships across France.

On the occasion of a fund-raising operation totalling €12 million, CNP Assurances took a stake in the Alan, the leading independent insurance company launched in France in 1986.