Investment & Financing
Volvo Cars welcomes Polestar's strengthened business plan
GOTHENBURG, Sweden, Nov. 9, 2023 /PRNewswire/ -- Volvo Cars welcomes the strengthened business plan announced by Polestar today, which aims to take the company into a new phase of growth and profitability. Please see the announcement from Polestar here. Polestar will adopt a variety of steps ...
Innovative Female Wellness Platform Yoona Closes 7-Figure Seed Round
JAKARTA, Indonesia, Nov. 8, 2023 /PRNewswire/ -- Yoona, the groundbreaking female wellness platform transforming women's health inIndonesia, recently closed an oversubscribed 7-figure seed round, led by CyberAgent Capital, known for its seed-stage investments in giants like Tokopedia, Coda Paymen...
Hyundai Mobis, Secures USD 940 million for North American Electrification Investment via Its First Overseas Green Loan
* Raised investment capital for a new North American electrification hub through seven global financial institutions—marking its first overseas Green Loan * Successfully procured long-term financing (10 years) at a favorable rate * The acquired funds will be deployed to establish new BSA and...
SKF strengthens magnetic bearings offer by acquiring fibre composite company
GOTHENBURG, Sweden, Nov. 8, 2023 /PRNewswire/ -- SKF has signed an agreement to acquire 2C Composites, a German high-performance fibre composite supplier. Through the acquisition, SKF will secure the supply of a leading and unique technology of composite layers which will strengthen the Group's m...
CGS-CIMB Securities Establishes New Joint Venture with Australia's Petra Capital, Expands Offerings to Asia-Based Clients
Research distribution and trading agreement will enhance Australia equity
offerings toAsia-based clients and facilitate two-way capital flow
SINGAPORE, Nov. 8, 2023 /PRNewswire/ -- CGS-CIMB Securities (CGS-CIMB)
Visa launches Real Time Visa Account Updater in Asia Pacific to streamline payment experiences
Visa Account Updater provides lifelong credentials that empower merchants with enhanced operational efficiency, improved transaction success rates; customers no longer need to update credit card information across multiple platforms SINGAPORE, Nov. 8, 2023 /PRNewswire/ -- Visa, a world leader in...
Volante Technologies raises $66 million in strategic investment round led by Sixth Street Growth
Latest round brings total outside investment in cloud payments fintech to $116 million NEW YORK, Nov. 7, 2023 /PRNewswire/ -- Volante Technologies, the global leader in cloud payments modernization, today announced that it has secured$66 million in debt and equity financing in an investment roun...
Longbridge launched "US Overnight Trading", enabling 24-hour trading of US stocks.
HONG KONG, Nov. 7, 2023 /PRNewswire/ -- Longbridge Securities (Longbridge) announced the launch of "US Overnight Trading," enabling 24-hour trading and meeting the growing demand of investors to access global markets better.Hong Kong investors can now trade US stocks during the daytime on working...
BPI and Personetics partner to help customers make better money decisions through AI
SaaS solution applies AI and advanced data analytics to deliver
hyper-personalized insights and advice via BPI's mobile banking app tool, Track
and Plan
SINGAPORE, Nov. 7, 2023 /PRNewswire/ -- Bank of Philippine Islands (BPI) and
Personetics
Kohler Co. to Establish Energy Division as Independent Business with Platinum Equity as Majority Investment Partner, Accelerating Long-Term Growth Strategies for Both Organizations
Standalone business providing energy resilience solutions expected to benefit from Platinum Equity's carve-out experience and operational expertise KOHLER, Wis., Nov. 7, 2023 /PRNewswire/ -- Kohler Co. today announced the strategic decision to set Kohler Energy up as a separate, independent busin...
Ace Global Business Acquisition Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination
NEW YORK, Nov. 6, 2023 /PRNewswire/ -- Ace Global Business Acquisition Limited (NASDAQ: ACBA) (the "Company"), a special purpose acquisition company, announced today that Ace Global Investment Limited, the Company's initial public offering sponsor (the "Sponsor"), has deposited into the Company's...
BB Energy Asia successfully closes inaugural USD210mn secured digital borrowing base facility
SINGAPORE, Nov. 6, 2023 /PRNewswire/ -- BB Energy Asia, a wholly-owned subsidiary of BB Energy Group Holding Ltd ("BB Energy Group" or the "Group"), has closed aUSD210 million Secured Digital Borrowing Base facility ("Facility") to support the working capital needs of its Asian trading business. ...
UK-based Global Education Holdings acquires Schiller International University
LONDON, Nov. 4, 2023 /PRNewswire/ -- UK-based educational group Global Education Holdings (GEDU) has acquired theSchiller International University of USA. Schiller is the first American University with multiple campuses in Europe . With this acquisition, GEDU has expanded to the US market, embolde...
Gravitas Education Updates Record Date of Special Cash Dividend
BEIJING, Nov. 3, 2023 /PRNewswire/ -- Gravitas Education Holdings, Inc. (the "Company") (NYSE: GEHI), a leading early childhood education service provider in China, today announced that, further to its announcement regarding the payment of a special dividend datedSeptember 21, 2023, the Company ex...
Pierre Fabre Laboratories to accelerate their development in onco-hematology by acquiring the license for a breakthrough T-cell immunotherapy in North America
Pierre Fabre Laboratories to Acquire from Atara Biotherapeutics Commercialization Rights to EBVALLO® in the United States, Canada and All Remaining Markets Pierre Fabre Laboratories to Take Over All Manufacturing, Clinical, and Regulatory Activities for EBVALLO® Following Transition Period This...
Accelex Announces $15M Series A Funding Round Led by FactSet; Firms Set to Automate Critical Private Markets Workflows for Investors
LONDON, Nov. 2, 2023 /PRNewswire/ -- Accelex, a leading provider of AI automation for private markets data acquisition, reporting and analytics, announced today it has closed a$15 million Series A funding round led by FactSet, a global financial digital platform and enterprise solutions provider,...
Syntax and Beyond Technologies Complete Acquisition Deal, Officially Join Forces
Combination creates broad portfolio of industry-focused technology offerings, adds strength to bench of SAP® expertise and professional services talent, expands global reach and regional resources. MONTRÉAL, Nov. 2, 2023 /PRNewswire/ -- Syntax Systems, a leading global technology solutions and ...
Cambrex Announces Sale of Drug Product Business Unit
EAST RUTHERFORD, N.J., Nov. 2, 2023 /PRNewswire/ -- Cambrex, a leading global contract development and manufacturing organization (CDMO), has today completed the sale of its Drug Product Business Unit toWilmington, Delaware based Noramco. Cambrex's Drug Product business provides product developme...
Funding Societies raises US$7.5 million from Norfund, bringing financial inclusion for SMEs in Southeast Asia
SINGAPORE, Nov. 2, 2023 /PRNewswire/ -- Funding Societies | Modalku
Lumen Completes Sale of EMEA Business to Colt Technology Services for $1.8B
DENVER, Nov. 2, 2023 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) closed the sale of its European, Middle Eastern, and African (EMEA) business to Colt Technology Services, headquartered inLondon, for $1.8 billion cash. This transaction represents an attractive multiple (~11x) for Lumen's EMEA ...
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Durabook and Parent Company, Twinhead International Corp., Celebrate 40 Years of Innovation in Computing Solutions
