Investment & Financing
PRECISION AVIATION GROUP EXPANDS AIRLINE AVIONICS AND ENGINE SERVICES CAPABILITIES WITH ACQUISITIONS OF ICON AEROSPACE AND TAG AERO
ATLANTA, Oct. 22, 2024 /PRNewswire/ -- Precision Aviation Group, Inc. (PAG), a leading provider of maintenance, repair and overhaul (MRO) and value-added services to the global aerospace and defense industries, has acquired ICON Aerospace (ICON) and TAG Aero (TAG). These strategic acquisitions si...
Series A Funding Secures $12.5M for zkPass to Drive zkTLS Oracle Protocol
zkPass announces the upgrade of zkTLS protocol, expanding secure data-sharing capabilities across Web3 ecosystems NEW YORK, Oct. 21, 2024 /PRNewswire/ -- zkPass, an oracle protocol enabling verifiable web private data, today announced the successful completion of a $12.5M Series A funding round. ...
Neuberger Berman Private Markets, EQT and CPP Investments Form Consortium to Acquire Leading International Schools Organization Nord Anglia Education
* The new majority ownership group will help to strengthen Nord Anglia's mission of delivering world-class education and cultivating the next generation of global leaders and innovators * Transaction values Nord Anglia at USD 14.5 billion, underscoring its leadership in the global education s...
FRESHA INVESTS IN YUV TO REVOLUTIONIZE HAIR COLORING WITH CUTTING-EDGE TECHNOLOGY
LONDON, Oct. 21, 2024 /PRNewswire/ -- Fresha
Tookitaki, AI Compliance Solution Drives Expansion Across Key Asian Markets with Funding from True Global Ventures
Strategic funding to accelerate Tookitaki's growth and drive innovation in financial crime prevention acrossAsia. SINGAPORE, Oct. 21, 2024 /PRNewswire/ -- True Global Ventures (TGV) Opportunity Fund, a global venture capital firm specializing in transformative technologies, has made a strategic ...
LaNova Medicines Announces Initiation of Phase 1 Clinical Trial of Anti-PD-1/VEGF Bispecific Antibody LM-299 and Completion of $42 Million Series C1 Financing
* Phase 1 trial of LM-299, an anti-PD-1/VEGF BsAb, initiated in China for advanced solid tumors following promising preclinical results demonstrating strong inhibition of tumor growth and well-tolerated safety profile * IND for LM-299 in the US expected to be submitted in the second half of 20...
TOPPAN HOLDINGS ACQUIRES HID CITIZEN IDENTITY SOLUTIONS
SINGAPORE, Oct. 18, 2024 /PRNewswire/ -- TOPPAN Holdings Inc. (TYO: 7911) (TOPPAN Holdings) has announced that it has entered into a definitive agreement to acquire HID's CID (Citizen Identity Solutions) business area, a division of HID Global Corporation focused on the government identity sector...
GenNx360 Capital Partners Enters Agreement to Sell ITsavvy to Xerox Holdings Corporation
NEW YORK, Oct. 17, 2024 /PRNewswire/ -- GenNx360 Capital Partners ("GenNx360"), aNew York-based private equity firm, is pleased to announce it has entered into a definitive agreement to sell its portfolio company, ITsavvy LLC ("ITsavvy" or "the Company"), a provider of end-to-end IT infrastructur...
vivo and Arm collaborate on chip technology innovation with the unveiling of the vivo Arm Joint Lab
BEIJING, Oct. 17, 2024 /PRNewswire/ -- vivo recently announced the formation of a joint laboratory with Arm, the industry's highest-performing and most power-efficient compute platform. This landmark collaboration establishes vivo as the first end-device brand to partner with Arm on a joint labor...
BRP Launches Process for the Sale of its Marine Businesses
VALCOURT, QC, Oct. 17, 2024 /PRNewswire/ -- BRP Inc. (TSX: DOO) (NASDAQ: DOOO) today announced that it is initiating a process for the sale of its Marine businesses namely Alumacraft,Manitou, Telwater (Quintrex, Stacer, Savage and Yellowfin), and Marine parts, accessories and apparel. This proces...
Exyte launches new brand identity Exentec for its business area Technology & Services
* Exentec unites Exyte's global Technology & Services subsidiaries and sub brands * New brand identity provides clear, relevant, and credible positioning for clients and stakeholders * Exentec combines the words excellence, expertise, and experience with cutting-edge technology * Exyte CE...
Euroclear invests in Singapore-based digital market infrastructure Marketnode
* Investment supports Euroclear's growth strategy in the Asia-Pacific region * Euroclear joins Marketnode's major shareholders Singapore Exchange (SGX Group), Temasek and HSBC BRUSSELS and SINGAPORE, Oct. 17, 2024 /PRNewswire/ -- Euroclear today announced it has acquired a strategic stake in M...
Presagen's AI fertility product Life Whisperer acquired by Astec
ADELAIDE, Australia, Oct. 17, 2024 /PRNewswire/ -- Astec, a global manufacturer of medical equipment for assisted reproduction, has acquired Presagen's fertility product Life Whisperer, a non-invasive and rapid embryo and egg (oocyte) assessment tool designed to improve pregnancy outcomes for IVF...
DZS Sells Service Assurance and WiFi Management Software Portfolio to AXON Networks
Transaction expands the strategic partnership between both companies and enables DZS to focus on its category-defining Broadband Networking, Connectivity and Cloud Edge portfolio DALLAS and IRVINE, Calif., Oct. 17, 2024 /PRNewswire/ -- DZS (OTC: DZSI), a global leader of Networking, Connectivity...
MinIO Object Storage Solution Selected for Intel Tiber AI Cloud to Advance and Bolster AI Infrastructure
REDWOOD CITY, Calif., Oct. 16, 2024 /PRNewswire/ -- MinIO, the world's leading high-performance object store, announced today a joint collaboration with Intel to bring its Enterprise Object Store to theIntel® Tiber™ AI Cloud to serve as the core object store within Intel's end-to-end AI developme...
Uxin Announces Strategic Partnership with Wuhan City Economic & Technological Development Zone
BEIJING, Oct. 16, 2024 /PRNewswire/ -- Uxin Limited ("Uxin" or the "Company", together with its subsidiaries, the "Group") (Nasdaq: UXIN),China's leading used car retailer, today announced a strategic partnership with Wuhan City Economic & Technological Development Zone. The Company will establis...
The Consolidated Mining Standard Initiative launches first public consultation
LONDON, Oct. 16, 2024 /PRNewswire/ -- The Copper Mark, Mining Association of Canada, ICMM and World Gold Council – Partners of the Consolidated Mining Standard Initiative (CMSI) – have published a draft consolidated standard, governance model, assurance process and related reporting and claims po...
Yum China Applauds Lavazza Ambassador Jannik Sinner's Win at the Rolex Shanghai Masters
SHANGHAI, Oct. 16, 2024 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, the "Company" or "Yum China") is thrilled to celebrate the victory ofJannik Sinner, global ambassador for Lavazza, at the Rolex Shanghai Masters. Lavazza, a renowned family-owned Italian coffee company, ...
Zhihu Inc. Announces Results of the Extraordinary General Meeting and Satisfaction of the Condition of the Tender Offers
BEIJING, Oct. 16, 2024 /PRNewswire/ -- Zhihu Inc. (NYSE: ZH; HKEX: 2390) ("Zhihu" or the "Company"), a leading online content community inChina, today announced that the proposed ordinary resolution relating to the all cash tender offers (the "Offers") that commenced onSeptember 9, 2024 to buy ba...
TenNor Announces More than 300 Million RMB Financing to Support Development and Commercialization of Late-Stage Assets Including Rifasutenizol for Heliobacter pylori Infections
SUZHOU, China, Oct. 16, 2024 /PRNewswire/ -- TenNor Therapeutics, a clinical stage company dedicated to developing new therapies to address unmet needs in infectious diseases, announced today the initial closing of a Series E financing round for more than300 million RMB. New investor AMR Action F...
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