Tag Archives: Sales

The German Degussa Bank is being prepared for sales | Instant News

FRANKFURT, July 23 (Reuters) – German retail company and lender Degussa Bank has been put up for sale, said people close to the issue, when their owners faced large payments to other lenders they had after their involvement in fraudulent trade schemes.

Sellside PwC’s advisers plan to send an information package about Degussa Bank to prospective buyers next month, with the aim that the deal will be closed before the end of the year, they said.

Degussa Bank can be worth around 400 million euros ($ 463 million), one of the people said, adding that the core banking activities could be worth around 200 million or roughly the book value.

Other activities such as bank real estate and insurance brokerage businesses can be worth around the same amount, the person said.

Private equity companies, banks, asset managers and insurance brokers are expected to show interest in the bank, said the men, some of whom estimate total valuations of close to 200 million euros.

Degussa Bank is majority owned by Christian Olearius and Max Warburg, who bought it from the Dutch lender ING in 2006 and who also owns the MM Warburg bank based in Hamburg.

The owners of Degussa Bank and PwC declined to comment.

German judges in March ordered MM Warburg to pay 176 million euros for his involvement in the trial of the biggest post-German fraud fraud involving multi-billion euro trade to get false tax returns. The bank appealed the decision.

Olearius and Warburg have said in the past that they would financially support MM Warburg if the bank had to make payments related to its participation in the so-called cum-ex transaction.

Degussa Bank, which was originally part of the Degussa precious metals group, has outlets in the locations of many German companies, which make themselves work banks. Separately, he owns a residential property unit, Industria Wohnen, which among others sells closed property investment funds, and also has an insurance broker Prinas Montan.

In 2019, Degussa Bank reported a profit before tax of 26 million euros. ($ 1 = 0.8632 euros) (Reporting by Arno Schuetze; Editing by Susan Fenton)


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Former All Blacks coach Steve Hansen insists New Zealand is not indebted to Australia because the future of Super Rugby is formed Rugby Union News | Instant News

Last Updated: 07/12/20 9:13 am

Steve Hansen spent almost 16 years with the All Blacks

Former All Blacks coach Steve Hansen urged New Zealand to be strong in their negotiations with Australia about the future of Super Rugby.

Super Rugby was stopped in March because the COVID-19 pandemic and the future of the southern hemisphere competition are being discussed.

Earlier this week, Australian Rugby (RA) chairman Hamish McLennan said their counterparts in New Zealand were trying to dictate possible trans-Tasman Super Rugby competition requirements, amid reports the NZR was trying to limit the number of Australian teams involved.

Hansen said he felt that New Zealand Rugby must do the best for their rugby players and insisted that they were indebted to Australia.

“Without controversy, we have been guarding Aussies for years,” Hansen told Stuff Media on Sunday.

“And every time we need something from them, especially at a high level, sometimes they disappear.

“Do we owe them something? No. But because we are our nation, and we care more about the game than ourselves, we bend and bend a little.

“I think NZ Rugby is in the mood to have a strong discussion because they only get one chance for that.”

Much of its impact centered on the composition of the Super Rugby of 2021, with both countries reportedly interested in exploring the trans-Tasman competition rather than returning to tournaments involving teams from South Africa and Argentina.

McLennan told Australian media this week that a leaked report stated that the preferred option by NZR was to have only two or three Australian parties in the trans-Tasman competition.

Hansen said what was most important was not to dilute the New Zealand team with more than five teams and to minimize travel for the welfare of the players.

“You have to start with what you want from him? Instead of, ‘OK, we will hold this competition,'” Hansen said.

“It must be truly competitive and produce world-class players. If you let it be facilitated, there is too big a gap between Super Rugby and the rugby test.”


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Former Black captain Kieran Read supports reform requests for the rugby calendar | Rugby Union News | Instant News

By The Associated Press

Last Updated: 06/06/20 8:00 morning

Former Black captain Kieran Read is in action for the Toyota Verblitz during the Japanese Top League season 2020

Former All Blacks captain Kieran Read supports the call for an integrated international rugby season but fears money “coming out of the north” might thwart efforts to create a global calendar.

Read believes international rugby needs to move away from the current schedule which often forces players from both sides to play Test matches out of season, but fears of a richer northern hemisphere may continue to influence how the global calendar is organized.

At present, the Northern Hemisphere team is conducting tests in the Southern Hemisphere in June or July – at the end of their season – and the Southern Hemisphere toured in the North in November and December. The international windows, which fall in the middle of the Super Rugby season or European club season, substantially extend the season for top players.

Re-elected World Rugby Chair Sir Bill Beaumont has promised to work towards a more integrated calendar which provides space for the Six Nations tournament and the Rugby Championship Test and professional competitions in the northern and southern hemisphere.

Sir Bill Beaumont spoke about the potential of the Nation Cup being reincarnated in the ‘Will Greenwood Podcast

Sir Bill Beaumont spoke about the potential of the Nation Cup being reincarnated in the ‘Will Greenwood Podcast

Beaumont is a strong supporter of the world Test championship, although his efforts to build one year ago were stalled by a standoff over promotion-relegation.

Southern hemisphere countries oppose Beaumont’s re-election, supporting the nomination of Argentine Agustin Pichot’s reforms. In part, Beaumont is considered to represent the status quo and is too protective of the Six Nations tournament and the English and French club tournaments. He has made it clear that he will oppose any steps to reschedule the Six Nations, which feature Ireland, France, Italy, Wales, Scotland and England.

Read, who retired from the Rugby Test after last year’s World Cup in Japan and after leading the All Blacks in 52 of 127 tests, hopes an agreement can be reached that will better integrate the global season and give fans more interest.

“I want to see some sort of consistency around the season,” he told the Stuff news website on Tuesday.

“That would be better for everyone involved and especially for the players. So you don’t play outside the season, which shortens your season [and] which means you will not recover well and be ready for next year. “

Read also join many fans in the call for further tours by countries that are playing the test, a step away from the existing competition.

“I think the tour is important for international games,” he said. “The way I see it and the way the game makes money will determine and the money may come out of the north.

“The tour for me is more on the end of the year tour that we have to experience a little. It was the best time for a player and I think the fans might be able to feel it too. When you get a competitive series it certainly makes a pretty good display.”


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Square Enix has a large sale of Eidos Anthology on Steam for charity | Instant News

This bundle has 54 PC games and a lotta micro-DLC

Square Enix has assemble 54 games for the Eidos bundle on Steam – including entries from Tomb Raider, Thief, Fabric inheritance, and Deus Ex series – in an effort to keep people safe at home.

I was initially a little hesitant to discuss this agreement – if we had ever is it right playing these games, we might have picked them up now – but the appeal of the Eidos Anthology bundle makes it worth sharing. According to Square Enix, “all income from purchases goes to charities throughout North America and Europe including food banks and more.” Your arrears can handle the burden. (Good?)

Anthology costs around $ 40, but every duplicate you already have will lower the price.

  • The Rise of the Tomb of Raider
  • Cause 3
  • Deus Ex: Mankind Is Divided
  • Life Is Strange: Full Season
  • Sleeping Dogs: Definitive Edition
  • Tomb Raider (2013)
  • Tomb Raider I
  • Tomb Raider II
  • Tomb Raider III
  • Tomb Raider IV: The Last Revelation
  • Tomb of Raider V Chronicles
  • Tomb Raider VI: Dark Angel
  • Tomb Raider Legend
  • Tomb Raider’s Birthday
  • Tomb Raider Underworld
  • Lara Croft and the Keeper of Light
  • Lara Croft and Osiris Temple
  • Only cause
  • Cause 2
  • Kane and Lynch: Dead Men
  • Kane and Lynch 2: Dog Days
  • Deus Ex: Human Revolution – Director Cut
  • Deus Ex: Game of the Year Edition
  • Deus Ex: Invisible War
  • Deus Ex: The Fall
  • Thief
  • Thief: Deadly Shadows
  • Thief II: Metal Age
  • Gold Thief
  • Battlestations: Pacific
  • Battlestations: Midway
  • Snowblind Project
  • Mini Ninja
  • Order of War
  • Flora Fruit Garden
  • Supreme Commander 2
  • Conflict: Desert Storm
  • Conflict: Refused Ops
  • Legacy of Cloth: Soul Reaver
  • Legacy of Cloth: Soul Reaver 2
  • Fabric Heritage: Defiance
  • Blood of Omen 2: Inherited Cloth
  • Siege of the Dungeon
  • Siege of the Dungeon II
  • Siege of Dungeon III
  • Anachronox
  • Pandemonium
  • Deathtrap Dungeon
  • Daikatana
  • Omikron: Wandering Soul
  • Goetia
  • Hitman GO: Definitive Edition
  • Lara Croft GO
  • Turing test

Only from “Wait, do they have those rights?” angle, this list is quite interesting.

There are classic releases, middle releases, and some obvious clunkers in the decade span list, so everyone’s results will vary. That said, I like the idea of ​​searching my Steam library years from now and racking my brains to find out how Daikatana managed to slip in

If you are interested, the collection will be discounted until 10:00 AM Pacific morning on May 11, 2020.

You’re out. join | List

Disclosure-bot: Just in case the editor doesn’t mention it, we don’t have control when the transaction starts and ends. Offers can sometimes disappear in minutes (don’t shoot the sender of the message). Trying to link deals even hours after the timestamp of this article can lead to punching itself, so maybe tag us video game deals if you are hunting. Also, it goes without saying, but some shopping links really support the author. If you see any inaccuracies, please let us know as soon as possible.

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Indie Megabooth will enter ‘hibernation’ | Instant News

‘Going Away’ Steam sales are planned for May 5, 2020

Organizer Indie Megabooth have made calls for their “sunset” operation game-featuring “during the duration of the pandemic” due to “the cancellation of many in-person events and a high degree of uncertainty.” This is the right decision – the only decision, really – but still disappointing.

Indie Megabooth founder Kelly Wallick called the move “difficult and disappointing” in today’s blog post. “But realistically, we are a very small team and this situation is bigger than us. Our main focus right now is to stay healthy and safe through the COVID-19 situation as it is ongoing.”

In return, this team hosts one final Going Away Sales (For Now) on Steam with 100-plus video game deals for “old and new favorite IMB titles.” One week sales begin May 5 2020.

“Participating developers will do the ‘pay what you want’ revenue sharing at the end, and we have set up a PayPal link “for anyone who just wants to contribute directly to IMB,” he said.Proceeds will be used to wrap up our financial obligations, set aside some money for maintenance and help support the transition. Think of it as a thank you for our past work and for helping us land on our feet.

It was really nice to see the Indie Megabooth flower for the past eight years (has it really been that long?). Checking the well curated team play always topped the list of things I had to do at events like PAX and GDC. Even if I can’t enter, I try to write as many names as possible.

Wallick said that he would continue to maintain “A list of alumni, mailing lists, disputes, and social media channels when we hibernate. But this work will not be active, because I will be the only one who defends things for now.”

Restarting Megabooth Indie when the time comes won’t be easy. I wish them all the best.

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