[ad_1] Global and domestic private equity firms including Blackstone, Kedaara Capital, Advent International, and Warburg Pincus are in talks to acquire a 40–100% stake in Axis Finance, the non-banking financial arm of Axis Group, three people with direct knowledge of the matter said. The deal, currently in the due diligence stage, could see binding offers by the end of September, they added. “Firms are doing their diligence. The deal contours will be decided post that,” one of the people cited above said. “The firms are likely to value the company anywhere between $800 million–$1 billion,” another person said. Axis Bank,…
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[ad_1] Image source: Getty Images While Rolls-Royce and GE Aerospace have soared to new highs and trade with substantial premiums to the market as a whole, Melrose Industries’ (LSE:MRO) share price has been stuck in the slow lane. Over the past two years, the FTSE 100 aerospace stock hasn’t delivered any share price growth. Its valuation has been languishing even as the business has quietly transformed into a much more attractive proposition. A disconnected valuation This disconnect between performance and valuation is the core reason I like this stock. Valuation metrics are always central to my investments. It’s important to…
[ad_1] 🌏 Can carbon credits help shut down coal in Asia? A new kind of credit – transition credits – aims to fund clean energy by paying to retire coal plants early. With Asia’s coal fleet still young, these credits could be a game-changer. In this episode of Green Pulse, Audrey Tan and David Fogarty discuss the viability of these tradition credits and if they can truly speed up Asia’s energy transition. #Coal #CarbonCredits #EnergyTransition #AsiaClimateAction #Podcast [ad_2] Source link
[ad_1] Image source: Getty Images Investment trusts can provide investors with a way to tap into professional money managers without requiring a substantial amount of capital. Some trusts focus on growth, others on income. So when I saw a trust with a dividend yield of 10.72%, I naturally wanted to see how this was achieved and whether it was sustainable. Details worth noting The trust in focus is Henderson Far East Income (LSE:HFEL). The manager, Janus Henderson, invests in a diversified portfolio of listed companies across countries such as China, Australia, Taiwan, South Korea, and Singapore. That’s why the listed…
[ad_1] Image source: Getty Images Owning shares to build a growing passive income stream is the name of the game for many investors. In my portfolio, I have a small handful of dividend stocks that I intend to hold until retirement, and possibly even beyond. Here are three of them that I feel are worth considering. Betting on gold and copper The BlackRock World Mining Trust (LSE: BRWM) does exactly what it says on the tin (pun intended). It’s an investment trust run by BlackRock that invests in global mining stocks. There are a few things I find really attractive about…
[ad_1] Australia’s independent carbon standards body has launched consultations under review of four expiring methodologies to ascertain whether… [ad_2] Source link
[ad_1] For the vast majority of homeowners, there’s currently little financial incentive to refinance their mortgages. So far in 2025, average mortgage rates have remained elevated, consistently hovering between 6.5% and 7% due to ongoing economic uncertainty. “If rates fall below 6%, we could see a big jump in refinance activity,” said Jeb Smith, licensed real estate agent and member of CNET Money’s expert review board. Yet economists and housing market experts don’t expect a dramatic drop-off in rates in the immediate future. Mortgage refinance rates fluctuate daily based on a range of economic and political factors. For more insights…
[ad_1] Image source: Getty Images Staffline (LSE: STAF) is an AIM-listed penny share that’s been on fire recently. Since the turn of the year, it’s jumped 100% to reach 46p. However, if savvy investors had bagged Staffline stock at just under 19p in early February, they’d currently be sitting on a 149% gain. Or £24,900 from a £10,000 investment. Zooming further out though, the Staffline share price is down a staggering 96% since the start of 2019! Ten grand invested back then would be worth just four hundred quid today, even after the stock price surge this year. Labour outsourcing…
[ad_1] How a system designed to protect the world’s biggest rainforest is funding businesses with a track record of illegal deforestation. [ad_2] Source link
[ad_1] The voluntary carbon market has been in a slump. Amid a wave of negative press, the volume of credits traded has declined for three consecutive years, according to Ecosystem Marketplace, an information source for environmental markets. Prices have followed suit: After more than doubling between 2020 and 2022, the average cost of a carbon credit has since declined 14 percent, hitting $6.34 in 2024. Yet buyers should not assume this state of affairs will persist, according to experts. New sources of demand are poised to disrupt the market, raising the likelihood of substantial price increases, particularly for high quality…