Investment & Financing

Power International Holding (PIH) closes a landmark transaction to finance the acquisition of 100% of Mobile Telecom - Service LLP (MTS) from Kazakhtelecom JSC

2025-01-20 23:03 4308

DOHA, Qatar, Jan. 20, 2025 /PRNewswire/ -- Power International Holding (PIH), a globally recognized Qatari-based conglomerate, has officially completed the acquisition of a 100% participatory interest in Mobile Telecom-Service LLP (MTS) from Kazakhtelecom JSC. This acquisition follows the initia...

Lazada and Peak3 Launch a New Digital Insurance Joint Venture in Southeast Asia

2025-01-20 10:30 5484

SINGAPORE, Jan. 20, 2025 /PRNewswire/ -- Lazada, Southeast Asia's leading eCommerce platform, and Peak3, a global leader in insurance technology, have announced the launch of a joint venture (JV) to build the leading digital and embedded insurance ecosystem inSoutheast Asia.

Kantar Group announces the proposed sale of Kantar Media

2025-01-18 23:43 5425

LONDON, Jan. 18, 2025 /PRNewswire/ -- Kantar Group, a leading, global market research company based inLondon and portfolio company of Bain Capital, has announced today the proposed sale of Kantar Media to H.I.G. Capital, a leading global alternative investment firm with$67 billion of capital unde...

Hong Leong Bank Forms Strategic Alliance with WeBank Technology Services, Collaborating on FinTech Advancements and AI Implementation

2025-01-17 14:03 5718

KUALA LUMPUR, Malaysia, Jan. 17, 2025 /PRNewswire/ -- In a move that solidifies its position as a leading digital-first financial institution inMalaysia, Hong Leong Bank ("HLB" or the "Bank") today announced a strategic cooperation agreement withWeBank Technology Services, a subsidiary of WeBank,...

IBM to Acquire Applications Software Technology LLC, Bolstering Oracle Expertise to Help Clients Transform Their Operations

2025-01-16 22:15 5160

Applications Software Technology's deep US and UK public sector skills support clients' Oracle Cloud Application transformations ARMONK, N.Y., Jan. 16, 2025 /PRNewswire/ -- IBM (NYSE: IBM ) today announced its intent to acquire Applications Software Technology LLC1, ...

Rokt Announces Secondary Transaction, Increasing Valuation to US$3.5 Billion, and Appointment of Anita Sands to the Board of Directors

2025-01-16 21:00 3657

NEW YORK, Jan. 16, 2025 /PRNewswire/ -- Rokt, the global leader in ecommerce unlocking real-time relevancy in the moment that matters most, today announced a secondary transaction amid strong demand from new and existing investors. The company has signed a stock purchase agreement for~US$335 mill...

Rokt and mParticle Merge to Redefine Real-Time Relevance

2025-01-16 21:00 3271

Creating an Unparalleled Offering to Unlock Value Across Ecommerce, Advertising and Customer Engagement with World-Class Controls to Protect First-Party Data NEW YORK, Jan. 16, 2025 /PRNewswire/ -- Rokt, the global leader in ecommerce unlocking real-time relevancy in the moment that matters most,...

Smartkem Completes First Sale of its TRUFLEX® Semiconductor Materials to Chip Foundation under their Co-Development Agreement

2025-01-16 20:05 2715

Sales under the Chip Foundation co-development agreement are expected to continue throughout 2025 MANCHESTER, England, Jan. 16, 2025 /PRNewswire/ -- Smartkem (Nasdaq: SMTK), which is seeking to change the world of electronics using its disruptive organic thin-film transistors (OTFTs), announced ...

Stagwell (STGW) Acquires ADK GLOBAL, Integrated Marketing Subsidiary of ADK Holdings Inc., Bolstering Growth for the Network Across APAC

2025-01-16 18:00 4945

Headquartered in Japan, the leading integrated marketing solutions firm will join Stagwell's growing APAC presence, furthering Stagwell's global expansion NEW YORK and TOKYO, Jan. 16, 2025 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today anno...

IBM and L'Oréal to Build First AI Model to Advance the Creation of Sustainable Cosmetics

2025-01-16 15:01 2576

PARIS and NEW YORK, Jan. 16, 2025 /PRNewswire/ -- IBM (NYSE: IBM ) and L'Oréal, the world's leading beauty company, announced a collaboration to leverageIBM's generative artificial intelligence (GenAI) technology and...

Aramco plans transition minerals JV with Ma'aden

2025-01-15 21:49 4524

* Collaboration harnesses Aramco's extensive geoscience data, digital capabilities, and subsurface knowledge and Ma'aden's decades of mining expertise * Aramco identifies promising lithium concentrations exceeding 400 parts per million in its existing area of operations * Possible collaborati...

iMotions to Fully Integrate Affectiva's Media Analytics in Order to Establish Consolidated Global Behavioral Research Unit within Smart Eye Group

2025-01-15 21:30 3123

Combination of Smart Eye subsidiaries strengthens products and services, further enabling commercial and academic researchers to gain access to unparalleled insights into human behavior COPENHAGEN, Denmark and BOSTON, Jan. 15, 2025 /PRNewswire/ -- iMotions, the world's leading software platform...

French Hydrogen New Energy Partners with Dacheng (National) Trustworthy Auto Repair

2025-01-15 09:00 4733

Reduce Costs, Improve Efficiency Promote Energy Conservation and Emission Reduction for Trucks HONG KONG, Jan. 15, 2025 /PRNewswire/ -- In late November last year, Hong Kong -listed company China International Development Holdings (00264.HK) announced that it signed the memorandum of understandin...

Argon Medical Expands Oncology Product Offering with Acquisition of the SeQure® and DraKon™ Microcatheters

2025-01-14 21:05 2733

PLANO, Texas, Jan. 14, 2025 /PRNewswire/ -- Argon Medical, a leading provider of medical device solutions for Interventional Radiology, Vascular Surgery, Interventional Cardiology, and Oncology procedures, announces the acquisition of certain assets of Accurate Medical Therapeutics, Ltd., the man...

AM Green and DP World Join Forces to Establish India as a Global Hub for Green Molecules

2025-01-14 12:30 4526

Aiming to export 2 MTPA of green fuels, this partnership positions India as a leader in global decarbonization efforts. HYDERABAD, India, Jan. 14, 2025 /PRNewswire/ -- AM Green, a leader in green hydrogen and ammonia production, has partnered with DP World, a global logistics leader, to create a...

BOUNTEOUS x ACCOLITE TO REBRAND AS BOUNTEOUS

2025-01-14 03:30 2086

Merger creating global leader in digital transformation services hits one year mark CHICAGO, Jan. 14, 2025 /PRNewswire/ -- Bounteous x Accolite today announced that it will unify under the Bounteous brand name globally, following a year of strong market and client reception to the combined compa...

BioCina and NovaCina Merger Bolsters Global CDMO Industry

2025-01-14 00:43 3317

ADELAIDE, South Australia and PERTH, Western Australia, Jan. 14, 2025 /PRNewswire/ -- Global Contract Development and Manufacturing Organizations (CDMOs) BioCina and NovaCina announced a strategic merger that will create a powerful brand in biopharmaceutical and small molecule contract manufactur...

Addentax Invests Equity Stake in Fresh Food Marketing Solution Provider, Well Information Technology Corporation

2025-01-13 22:00 4189

SHENZHEN, China, Jan. 13, 2025 /PRNewswire/ -- Addentax Group Corp. ("Addentax" or the "Company") (Nasdaq: ATXG), an integrated service provider focusing on garment manufacturing, logistics services, property management, and subleasing, has announced that Addentax has purchased 3,750,000 common s...

Trillium Flow Technologies Successfully Completes Refinancing

2025-01-13 22:00 4458

STAMFORD, Conn., Jan. 13, 2025 /PRNewswire/ -- Trillium Flow Technologies ("Trillium"), a portfolio company of First Reserve, and a global designer, manufacturer, and aftermarket services provider of highly engineered valves and pumps used in critical infrastructure sectors such as nuclear power,...

CBC Group's R-Bridge Announces US$40M Synthetic Royalty-Backed Financing for Mirxes to Advance Global Expansion

2025-01-13 19:25 4042

-  R-Bridge will provide bespoke financing of US$40 million with a synthetic royalty structure and flexible repayment terms -  Financing will accelerate Mirxes, Singapore -based miRNA tech company's innovation and commercialization of cancer early detection solutions in new markets -  Transacti...

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