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Xtremepush secures €12m debt facility from AshGrove Capital

Funding

Xtremepush secured a €12m debt facility from AshGrove Capital, the company said. It said the funding would support growth and acquisitions targeting financial services, e-commerce and publishing.

The facility gives Xtremepush capital to pursue acquisitions and expand beyond its existing markets.

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Juroszek family raises Gentoo Media stake to 59.3% in €100m refinancing

The Juroszek family has increased its stake in Gentoo Media from 26.8% to 59.3% through a €100m refinancing package. Two family-owned entities bought €50m of equity through a share issue, with a further €50m provided as a loan; Gentoo Media chief executive Jonas Warrer said the completed refinancing would enable full repayment of bonds due in December.

The Juroszek family has gained majority control of Gentoo Media following a €100m debt refinancing, according to the source. The family's holding rose from 26.8% to 59.3%.

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