Welcome to our dedicated page for EQINY news (Ticker: EQINY), a resource for investors and traders seeking the latest updates and insights on EQINY stock.
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Attensi has launched the world's first 'underwriter simulator' designed for Hiscox, addressing a skills gap in risk management. This custom-built 3D simulation allows underwriters to engage in realistic scenarios to enhance their training. Feedback from Hiscox's Group Head of People Development, Des Bishop, highlights that 85% of participants found the training beneficial for understanding portfolio analysis. The simulation enables ongoing learning and performance support, significantly improving the skillset of underwriters, which is crucial for profitability. Attensi's gamified training is utilized in over 150 countries, making it a global leader in this field.
LogicGate has announced a partnership with Climb Channel Solutions to enhance its presence in the EMEA market. The collaboration aims to assist organizations in managing governance, risk, and compliance (GRC) through Risk Cloud® technology. As 75% of the global population is projected to have privacy protections by 2024, this partnership will help companies address the complexities of security and compliance. LogicGate has previously introduced eight new GRC applications in 2023 and has seen significant growth, boasting a user base that includes Equiniti and Zurich Insurance. The firm was recognized as a 'Strong Performer' in Forrester's recent report on GRC solutions.
On January 26, 2023, Prologis announced the tax treatment for Duke Realty Corporation's (DRE) 2022 distributions following its $23 billion acquisition, which completed in October 2022. Each Duke Realty share converted to 0.475 of Prologis shares. Holders of Duke Realty stock will receive IRS Form 1099-DIV for tax reporting via Equiniti, with guidance to consult tax advisors for implications. Key dates for cash distributions include February 16 and May 16, 2022, with amounts of $0.28 per share. The announcement emphasizes Prologis's role in the logistics real estate sector, owning about 1.2 billion square feet of properties worldwide.
D.F. King & Co., an Equiniti company, has been recognized as the top information agent for U.S. markets and globally for liability management in 2022, marking the third consecutive year
The firm handled 152 transactions worth $115 billion, holding a 43.5% market share domestically, and 199 transactions totaling $129 billion for a 30.5% global market share. Their continuous investment in technology and infrastructure has enabled D.F. King to deliver comprehensive services, gaining client trust in complex corporate governance challenges.
AST Private Company Solutions, Inc. (AST PCS), a subsidiary of Equiniti, has partnered with Nasdaq Private Market (NPM) to enhance private companies' management of liquidity events and cap table administration. This collaboration aims to streamline processes for pre-IPO companies, enabling them to utilize Astrella for more efficient handling of ownership data. NPM has executed over $40 billion in transactions, supporting more than 100,000 shareholders globally, while Astrella serves clients across 23+ countries.
Siris, a private equity firm, announced a recommended cash offer for Equiniti Group PLC (EQ) at 180 pence per share, valuing the company at approximately £673 million. The acquisition will be executed via a court-sanctioned scheme of arrangement under the UK Companies Act 2006. Siris aims to accelerate growth by leveraging its expertise and resources in a private setting. The acquisition is subject to EQ shareholder approval and regulatory conditions, with expected completion in Q4 2021.
