Investment & Financing

TradeUP Acquisition Corp. Announces Extension of the Deadline for an Initial Business Combination

2023-03-18 04:30 5354

NEW YORK, March 17, 2023 /PRNewswire/ -- TradeUP Acquisition Corp. (the "Company" or "TradeUP") (NASDAQ: UPTD) today announced that, in order to extend the date by which the Company must complete its initial business combination fromMarch 19, 2023 to April 19, 2023, for each public share that is ...

ACEN acquires portfolio of eight operating wind projects in Texas, USA

2023-03-17 14:25 3326

* Joint venture company acquiring a total of 136 MW of wind assets from US-based GlidePath Power Solutions LLC * Strong growth US platform leveraging the combined expertise of ACEN and its partners: Pivot Power Management and UPC Solar & Wind Investments * Will generate approximately 360 GWh...

ECP Announces Acquisition of MindGeek, Parent Company of Pornhub

2023-03-17 03:00 1946

ECP is a private equity firm with vast regulatory, law enforcement, public engagement and finance experience  MindGeek, a leading technology and media company, operates a large portfolio of adult entertainment platforms, including Pornhub MONTREAL, March 16, 2023 /PRNewswire/ -- Ethical Capital ...

CDF's Film Sector Financing Program is Set to Empower Local & International Companies in the Saudi Film Sector

2023-03-17 02:38 2496

With SAR879 million Budget RIYADH, Saudi Arabia, March 16, 2023 /PRNewswire/ --The Cultural Development Fund (CDF) has announced the launch of the Film Sector Financing Program, with a portfolio ofSAR879 million. The program is an initiative of the IGNITE Digital Content Program.

Via acquires Citymapper to expand its end-to-end TransitTech solution

2023-03-16 21:30 3135

The acquisition will advance the company's vision to be the operating system for every aspect of public mobility NEW YORK, March 16, 2023 /PRNewswire/ -- Via, the global leader in TransitTech, announced today that it has acquired Citymapper, the UK-based premier journey planning app and transit ...

German DeepTech scaleup, intelligent fluids, secures €10m for global success of revolutionary cleaning technology

2023-03-16 16:47 2516

LEIPZIG, Germany, March 16, 2023 /PRNewswire/ -- Intelligent fluids , an award-winning German DeepTech scaleup, has announced a €10mn Series B financing round. The round was led byWAVE Equity Partners , a US-based sustainability fund, with pa...

SK Chemicals to Take the Lead in the $7.6 Billion Recycled PET Market

2023-03-16 08:00 2787

* Signed a $100 million asset purchase agreement with Shuye of China; secured the world's first mass production system for recycled raw materials and PET * The abundant supply of recycled plastic raw materials enables SK chemicals to have the highest level of price competitiveness SEONGNAM, So...

KPC LYFE Acquires Bikram Yoga

2023-03-16 02:45 2369

LOS ANGELES, March 16, 2023 /PRNewswire/ -- KPC Group is excited to announce the expansion of its healthcare offerings to include KPC LYFE. KPC LYFE, the KPC Group's holistic health initiative, has acquired the widely recognized and internationally famous Bikram Yoga. This acquisition of Bikram Y...

TAQA and Reykjavik Geothermal sign Joint Venture Agreement to form TAQA Geothermal Energy LLC

2023-03-15 18:59 2732

RIYADH, Saudi Arabia, March 15, 2023 /PRNewswire/ -- During the Public Investment Fund (PIF) Private Sector Forum inRiyadh today, the Industrialization and Energy Services Company (TAQA)  and Reykjavik Geothermal (RG), signed a Joint Venture agreement to establish TAQA Geothermal Energy LLC, hea...

Edelman Global Advisory Acquires Landmark Public Affairs

2023-03-15 19:00 2307

WASHINGTON, March 15, 2023 /PRNewswire/ -- Edelman Global Advisory (EGA), a boutique firm providing government affairs and business advisory services as part of Daniel J. Edelman Inc. (Edelman), announced today it will expand its capabilities and geographic reach through Edelman's acquisition of ...

YS BIOPHARMA AND SUMMIT HEALTHCARE ANNOUNCE SHAREHOLDER APPROVAL OF BUSINESS COMBINATION

2023-03-15 04:01 3934

* Business Combination to deliver approximately $36 million of gross proceeds * YS Biopharma expects to close the Business Combination on March 16, 2023 * YS Biopharma Ordinary Shares and YS Biopharma Warrants expected to begin trading on the Nasdaq onMarch 17, 2023 under the symbols "YS" and...

L4 Venture Builder Takes Minority Stake in Vermiculus

2023-03-14 20:28 1849

STOCKHOLM, March 14, 2023 /PRNewswire/ -- L4 Venture Builder, an independent investment fund with capital for investments in the ecosystems of innovation and entrepreneurship will take a minority stake in Vermiculus Financial Technology, specialized in providing state-of-the-art technology to exc...

Univar Solutions to be Acquired by Apollo Funds for $8.1 Billion

2023-03-14 20:14 3679

Shareholders to Receive $36.15 Per Share in Cash DOWNERS GROVE, Ill. and NEW YORK, March 14, 2023 /PRNewswire/ -- Univar Solutions Inc. (NYSE: UNVR) ("Univar Solutions" or the "Company") and Apollo (NYSE: APO) announced today that funds managed by affiliates of Apollo (the "Apollo Funds") have e...

Baijiayun Group Ltd Completes Transition into a Pure-play RTC Provider with Divestiture of Fuwei Films

2023-03-14 04:30 2736

BEIJING, March 13, 2023 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (Nasdaq: RTC), a video-centric technology solution provider with core expertise in SaaS/PaaS solutions, today announced that onMarch 9, 2023, it entered into a securities purchase agreement (the "SPA") with...

VENTURE GLOBAL ANNOUNCES FINAL INVESTMENT DECISION AND FINANCIAL CLOSE FOR PHASE TWO OF PLAQUEMINES LNG

2023-03-14 02:32 2502

* $7.8 billion project financing for Phase Two completes approximately $21  Billion Plaquemines LNG project, the largest project financing ever done.  * Company issues full notice to proceed on construction for Phase Two.  * Plaquemines Phase Two is the first project to take FID in 2023 and is...

Mongolian Government and Rio Tinto celebrate underground production at Oyu Tolgoi

2023-03-14 00:35 2390

ULAANBAATAR, Mongolia, March 14, 2023 /PRNewswire/ -- The Prime Minister of Mongolia, Luvsannamsrain Oyun-Erdene, today joined Rio Tinto Chief Executive Jakob Stausholm 1.3 kilometres underground to celebrate the commencement of underground production from the Oyu Tolgoi copper mine in the Gobi D...

KPM Analytics Acquires Food Focused AI Developer Smart Vision Works

2023-03-13 21:00 2014

WESTBOROUGH, Mass., March 13, 2023 /PRNewswire/ -- KPM Analytics ( www.kpmanalytics.com), a Union Park Capital portfolio company, announced today it has acquired Smart Vision Works (https://www.smartvisionworks.com), a specialized artificial intelligence (AI) technology company providing computer ...

Jiuzi Holdings Inc. Establishes Two Regional Operations Centers by Forming JVs with Local Partners

2023-03-13 19:00 1532

HANGZHOU, China, March 13, 2023 /PRNewswire/ -- Jiuzi Holdings, Inc. (NASDAQ: JZXN; the "Company"), a leading new energy vehicle (NEV) dealership group under the brand name "Jiuzi" inChina, today announced that its wholly owned subsidiary, Jiuzi Haoche (Hangzhou) Automobile Service Co. Ltd. ("Jiu...

Doo Payment And Exchange's Successful Acquisition Of The Australian Transaction Reports and Analysis Centre (AUSTRAC) Authorized Company

2023-03-13 17:52 2647

HONG KONG, March 13, 2023 /PRNewswire/ -- Doo Group's subsidiary brand, Doo Payment and Exchange, achieved new heights by acquiring an authorized remittance and digital currency exchange service provider, namely Doo Exchange AU Pty Ltd, which is regulated by the Australian Transaction Reports and...

Newmark Acquires Top UK-Based Real Estate Advisory Firm Gerald Eve

2023-03-10 22:10 7274

NEW YORK and LONDON, March 10, 2023 /PRNewswire/ -- Newmark Group, Inc. (Nasdaq: NMRK) ("Newmark" or "the Company"), a leading full-service commercial real estate services business, today announced that it has acquired London -based real estate advisory firm, Gerald Eve LLP ("Gerald Eve"). Gerald ...

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