BUSINESS
Business

Former insurance unicorn Wefox in talks about £125m refinancing

Share:

Former insurance unicorn Wefox in talks about £125m refinancing

Leading investors in Wefox, the troubled European insurance company, are engineering a €150m (£125m) refinancing to avert the need to sell one of its most valuable remaining assets.

Full Story HERE

Oduwole urges Stanford Seed to focus on export-driven strategies

Oduwole urges Stanford Seed to focus on export-driven strategies

Zenith Bank expands global network with Paris branch

Zenith Bank expands global network with Paris branch

DSCs revenue growth climaxes at N2.9 billion

DSCs revenue growth climaxes at N2.9 billion

GTB appeals to customers over upgrade challenges

GTB appeals to customers over upgrade challenges

FCMB Group considers selling stakes in subsidiaries

FCMB Group considers selling stakes in subsidiaries

Port Harcourt refinery: NNPCL loaded three-year-old stock, not fresh products, host community secretary alleges

Port Harcourt refinery: NNPCL loaded three-year-old stock, not fresh products, host community secretary alleges

Qatari sovereign wealth fund seals Audi F1 stake purchase

Qatari sovereign wealth fund seals Audi F1 stake purchase

Egbin Power wins Best in Safety Performance Power GenCo Award at AfriSafe 2024

Egbin Power wins Best in Safety Performance Power GenCo Award at AfriSafe 2024

Ntia, NNPCLs new EVP upstream, charges stakeholders on corporate governance, transparency

Ntia, NNPCLs new EVP upstream, charges stakeholders on corporate governance, transparency

Tax reform bills propose new sharing formula, cede 55% to state governments

Tax reform bills propose new sharing formula, cede 55% to state governments

MAN advocates focus on non-oil exports, says its key to economic stability

MAN advocates focus on non-oil exports, says its key to economic stability

Former insurance unicorn Wefox in talks about £125m refinancing

Former insurance unicorn Wefox in talks about £125m refinancing

M&S and Kingfisher among suitors circling Homebase stores

M&S and Kingfisher among suitors circling Homebase stores

Direct Line shares soar as it rejects UK rival's £3.3bn takeover offer

Direct Line shares soar as it rejects UK rival's £3.3bn takeover offer

ASR Africa constructs N250m laboratory at Nigerian University

ASR Africa constructs N250m laboratory at Nigerian University

BRICS partnerships drive $1.27 billion capital Inflow to Nigeria

BRICS partnerships drive $1.27 billion capital Inflow to Nigeria

Port Harcourt Refinery: NNPC, PETROAN speak on petrol price

Port Harcourt Refinery: NNPC, PETROAN speak on petrol price

Oluwatoyin Osho: I didnt accuse my uncle of N9.8m fraud

Oluwatoyin Osho: I didnt accuse my uncle of N9.8m fraud

Access Holdings takes over Standard Chartered Banks Angolan, Sierra Leonean assets

Access Holdings takes over Standard Chartered Banks Angolan, Sierra Leonean assets

Obasanjo praises Nigerias economy at Ecobank Expo 2024

Obasanjo praises Nigerias economy at Ecobank Expo 2024

UK opens Africas biggest visa application centre in Lagos

UK opens Africas biggest visa application centre in Lagos

System Upgrade: Weve resolved service disruption GTB

System Upgrade: Weve resolved service disruption GTB

Access Bank completes acquisition of Angola, Sierra Leone banks

Access Bank completes acquisition of Angola, Sierra Leone banks

Investment bankers commit to supporting governments $1 trillion economy target

Investment bankers commit to supporting governments $1 trillion economy target

Nigerias Internet disparity continues as 68% of global population connects

Nigerias Internet disparity continues as 68% of global population connects

Capitalisation dips by N482 billion amid losses in 26 stocks

Capitalisation dips by N482 billion amid losses in 26 stocks

BRIPAN, CITN partner to strengthen business recovery

BRIPAN, CITN partner to strengthen business recovery

Meet the smiling star of Terras 'Unwrap Your Smile' campaign

Meet the smiling star of Terras 'Unwrap Your Smile' campaign

Nigerian govt spends N8.8 billion to repair vandalised power towers Official

Nigerian govt spends N8.8 billion to repair vandalised power towers Official

Latest sign of struggling industry as car production falls for eighth month in a row - industry data

Latest sign of struggling industry as car production falls for eighth month in a row - industry data

UK pension scheme called 'deeply irresponsible' for investing in Bitcoin

UK pension scheme called 'deeply irresponsible' for investing in Bitcoin

FCA to give companies extra 48 hours in 'name and shame' compromise

FCA to give companies extra 48 hours in 'name and shame' compromise

Peter Obi reacts as PH refinery begins operation, says Nigerians await impact, benefits

Peter Obi reacts as PH refinery begins operation, says Nigerians await impact, benefits

Government to look into electric vehicle target mandate after Vauxhall van factory closure

Government to look into electric vehicle target mandate after Vauxhall van factory closure

Typhoo Tea officially enters administration but could soon be bought

Typhoo Tea officially enters administration but could soon be bought

'Dangerous' and 'ineffective' labels on menus don't reduce how many calories people eat

'Dangerous' and 'ineffective' labels on menus don't reduce how many calories people eat

Online food delivery giant to abandon London stock market listing

Online food delivery giant to abandon London stock market listing

Airports join budget backlash with warning of business rates 'catastrophe'

Airports join budget backlash with warning of business rates 'catastrophe'

Climate tech specialist SatVu hots up with £10m funding round

Climate tech specialist SatVu hots up with £10m funding round

MORE STORIES ABOUT BUSINESS