Cayman tops offshore mergers & acquisitions

Posted on Wed, 08/08/2012 - 10:15 in Business

(CNS Business): The Cayman Islands took the top spot in the second quarter 2012 as the most popular destination for investors doing deals involving offshore targets, completing 104 deals worth a combined value of US$19bn, according to Appleby’s latest edition of Offshore-i. The second edition of the firm’s quarterly report, which provides data and insight on merger and acquisition activity in major offshore financial centres, found that the offshore M&A market increased in value at twice the worldwide average last quarter, compared to the previous quarter. The Cayman Islands experienced significant growth in the second quarter with deal value and volume up 323% and 17% respectively from the first quarter. Read More on CNS Business

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Viewpoints

The importance of a strong opposition

By: Nicky Watson

With a decisive win in this election, the Progressive party is now able to form a strong government. Once a speaker is chosen from the House (Ezzard Miller or Juliana O’Connor-Connolly, perhaps), they will have a clear majority on the government benches and be able to move forward with their policies without having to haggle in a coalition government. But, just as importantly, this has also given us a potentially dynamic opposition.
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Comments: 21
Don't stop the party

By: 101

Wherever you stand on this morning's election results, one thing is clear: party politics is here to stay. The C4C had a good showing but truth be told there were only 4 "real" independents that won seats last night: Ezzard, Winston, Tara and Roy. The others, while loosely speaking are independent, are either until recently members of a party or just individuals dominant in small or single member constituencies (such as Arden and Julie). Ezzard escapes that description only because he left the party system over 5 years ago.
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Comments: 21

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