Q3 Government Deficit stood at 0.7% of GDP for Euro Area and 0.9% for EU28
January 21, 2020 According to Eurostat, “In the third quarter of 2019, the seasonally adjusted general government deficit to GDP ratio stood at 0.7% in the euro area (EA19), compared with 0.7% in the second quarter of 2019. ” Also, the deficit to GDP was 0.9% in the EU28, relative to a similar 0.9% in the previous quarter. Government Revenue and Expenditure for the Euro Area and EU28 Total government revenue in the Euro Area was 46.5% of GDP in the third quarter of 2019 relative to 46.4% of GDP in the second quarter in 2019. While, total government expenditure
GraceKennedy Limited (GK) Announces 15% Acquisition and Takeover Bid for Key Insurance Company Limited
January 21, 2020 GraceKennedy Limited (GK) has advised that the Company has acquired 15% interest in Key Insurance Company Limited (KEY). GK further state that it intends to make a cash offer to purchase 100% of the issued share capital of Key at a price of $2.01 per share. The Offer will open for acceptance at 9:00 am on January 27, 2020 and will close at 4:30 pm on February 17, 2020. Click below for attachments: Key-Insurance-Company-Limited-Takeover-Bid-Circular-Jan-2020 Press-Release-GraceKennedy-Makes-Offer-to-Acquire-Key-Insurance-Company-Limited Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s)
Special Advisory: Supreme Ventures Group Limited (SVL)
Date: January 20, 2020 Supreme Ventures Group Limited (SVL) has advised that its wholly owned subsidiary, Bingo Investments Limited (Bingo), has completed the acquisition of the assets of Champion Gaming Limited. SVL has also advised of the following appointments to the Board of Directors of Bingo: Damian Chin-You, Director of SVL who will serve as Chairman of the Board of Bingo Ann-Dawn Young Sang, President & CEO of SVL Xesus Johnston, Co-CEO of Prime Sports (Jamaica) Limited (a wholly owned-subsidiary of SVL) Christian Tavares-Finson Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry