Investment & Financing

Beko successfully completes €125 million loan from Italian export credit agency SACE

2025-05-05 20:23 3957

* 10-year loan strengthens capital structure and supports strategic development * Agreement enhances opportunities for Italian supply chain partnerships and economic cooperation ISTANBUL, May 5, 2025 /PRNewswire/ -- Beko, a leading global manufacturer of white goods, has secured a €125 millio...

Ericsson resolves on an acquisition offer for C shares for the Long-Term Variable Compensation Programs LTV 2025 and LTV 2024

2025-05-05 20:15 3963

STOCKHOLM, May 5, 2025 /PRNewswire/ -- In accordance with the resolutions by the Annual General Meeting 2025, Ericsson (NASDAQ: ERIC) expands its treasury stock in order to provide shares for the Long-Term Variable Compensation Programs LTV 2025 and LTV 2024 for Ericsson's executive team and othe...

Thomson Reuters Signs Definitive Agreement to Acquire TimeBase

2025-05-05 07:00 4572

SYDNEY, May 5, 2025 /PRNewswire/ -- Thomson Reuters Corporation (TSX/Nasdaq: TRI), a global content and technology company, today announced it has signed a definitive agreement to acquire TimeBase, a leading provider of Australian legislative solutions, for $6.5 million cash.   Founded in 1994, ...

BGM Group Announces Strategic Acquisition of HM Management to Expand AI Application Ecosystem

2025-05-02 20:30 6429

CHENGDU, China, May 2, 2025 /PRNewswire/ -- BGM Group Ltd. (Nasdaq: BGM) (the "Company" or "BGM") , a leading AI technology company, today announced it has entered into a definitive agreement (the "Agreement") to acquire HM Management Company Limited ("HM Management"), a prominent AI agent produc...

HistoIndex Secures SGD9 Million Investment to Drive Next Phase of Expansion

2025-05-02 10:00 5231

SINGAPORE, May 2, 2025 /PRNewswire/ -- HistoIndex, known for its groundbreaking biophotonic Second Harmonic Generation (SHG) technology and a pioneering leader in Artificial Intelligence (AI) digital pathology for the management of fibrotic diseases, has announced the close of a S$9 million inves...

Revelio Labs Acquires Salary Board to Expand Global Compensation Analytics

2025-05-02 00:11 4181

NEW YORK and SINGAPORE, May 2, 2025 /PRNewswire/ -- Revelio Labs, the market-leading workforce intelligence company, today announced the acquisition ofSalary Board, a leading provider of real-time compensation data and labor market insights. This strategic acquisition expands Revelio Labs' extens...

Raiven Capital Launches $100M Climatech Fund Anchored by Frog Lake First Nation investing in Scalable Climatech.

2025-05-02 00:05 3466

TORONTO, PALO ALTO, Calif. and EDMONTON, AB, May 2, 2025 /PRNewswire/ -- Raiven Capital, the cross-border venture firm known for its AI and IoT investments, announces the launch of Raiven Climatech, a $100M USD fund targeting high-growth startups building digital infrastructure to solve global s...

Shareholders Agreement to Develop Naqa Salt the Region's Largest Industrial Salt Production Project

2025-05-01 22:51 3324

MUSCAT, Oman, May 1, 2025 /PRNewswire/ -- Reinforcing its commitment to unlocking the full potential of Oman's natural resources, Minerals Development Oman (MDO) has signed a strategic partnership agreement with Dev Salt to launch theNaqa Salt Project in Wilayat Mahout - set to become the largest...

Shell completes acquisition of working interest in the Ursa platform in Gulf of America

2025-05-01 22:00 3141

HOUSTON, May 1, 2025 /PRNewswire/ -- Shell Offshore Inc. and Shell Pipeline Company (SPLC), subsidiaries of Shell plc (Shell), have completed thepreviously announced agreement to increase their stake in the Ursa platform in the Gulf of America from 45.3884% to 61.3484%.

Flash Coffee secures $3m in new funding to accelerate growth & expand new store concept across Indonesia

2025-04-30 18:00 3597

JAKARTA, Indonesia, April 30, 2025 /PRNewswire/ -- Flash Coffee , the Indonesia-based coffee chain, today announced an additional $3 million in funding to fuel its expansion across the country. The round was led by TA Ventures, a global early-stage venture capital f...

Teka begins a New Century as part of Midea Group

2025-04-30 17:00 7911

* The integration of Teka Group into the leading technology group will exponentially boost the company's growth and the market penetration of its brands. * This operation combines Midea's innovative, technological, and manufacturing potential, Teka Group's century-long brand experience, and t...

Cocoon Capital Announces First Close of USD 50 Million Fund III to Accelerate Southeast Asia's Enterprise and Deep Tech Startups

2025-04-30 11:18 4437

SINGAPORE and NEW YORK, April 30, 2025 /PRNewswire/ -- Cocoon Capital, one of Southeast Asia's top-performing early-stage venture capital firms, today announced the first close of its third fund, Cocoon Capital Fund III, securing USD 30 million in commitments towards a target of USD 50 million. T...

VOC.AI Secures 15 Million Dollars Funding to Fuel Global Growth and Transform AI-Driven Customer Service Solutions

2025-04-30 01:30 4163

SILICON VALLEY, Calif., April 29, 2025 /PRNewswire/ -- VOC.AI , a North America leader in AI-driven customer service solutions and intelligent insights, announced today the successful completion of a new multi-million-dollar funding round. The investment was led by Shanda ...

KSL Capital Partners Acquires JW Marriott Venice Resort & Spa

2025-04-29 22:10 3121

Landmark Luxury Resort on Private Venetian Island Joins KSL's Portfolio of Unforgettable Travel & Leisure Businesses Around the World DENVER, April 29, 2025 /PRNewswire/ -- KSL Capital Partners, LLC ("KSL"), a leading alternative investment firm, today announced its affiliates have acquired the...

Cision Announces Successful Closing of Financing Transactions

2025-04-29 22:00 4053

CHICAGO, April 29, 2025 /PRNewswire/ -- Cision Ltd. ("Cision"), a leading global provider of earned media software and services to public relations and marketing communications professionals, announced today the successful closing of the financing transactions previously announced on April 14, 20...

Paranovus Entertainment Technology Limited Regains Compliance with Nasdaq Periodic Financial Reports Filing Rule

2025-04-29 21:00 5225

NEW YORK, April 29, 2025 /PRNewswire/ -- Paranovus Entertainment Technology Limited ("PAVS" or the "Company"), (NASDAQ: PAVS) announced today that it has received a formal notification from the Nasdaq Stock Market LLC ("Nasdaq"), datedApril 25, 2025, notifying that the Company has regained compli...

VidAU AI Secured New Round of Funding to Redefine Video Ad Creation

2025-04-29 14:13 2656

LOS ANGELES, April 29, 2025 /PRNewswire/ -- VidAU AI, a trailblazer in AI-powered video advertising, has secured a new round of funding round led by Nuohai Venture Capital. Building on its Pre-A round inSeptember 2024 with Nuohui Investment and earlier support from River Jin Technology, this inv...

HR Path Expands Presence with the Acquisition of smahrt consulting AG in Switzerland, Experts in HR-IT Consulting, Implementation and Outsourcing

2025-04-29 14:00 2757

PARIS, April 29, 2025 /PRNewswire/ -- HR Path, a global leader in HR consulting and HRIS solutions, is proud to announce its strategic acquisition of smahrt consulting AG, a Swiss-based company specializing in HR-IT consulting, implementation and outsourcing. Especially within the SAP product por...

SINEXCEL Partners with Molecule Systems to Deliver Turnkey EMS and VPP Solutions for Commercial Energy Storage

2025-04-28 21:00 3159

AUSTIN, Texas, April 28, 2025 /PRNewswire/ -- SINEXCEL (300693.SZ), a global pioneer in modular energy storage, EV charging and power quality solutions, today announced astrategic partnership with Molecule Systems to deliver an integrated Energy Management System (EMS) and Virtual Power Plant (VP...

BGM Completes Acquisition of YX to Advance AI-Powered Intelligent Platform

2025-04-28 20:30 3706

CHENGDU, China, April 28, 2025 /PRNewswire/ -- BGM Group Ltd. (NASDAQ: BGM) (the "Company" or BGM)  today announced the completion of its acquisition of YX Management Company Ltd. ("YX"), an leading intelligent mobility technology platform, onApril 25, 2025. As previously disclosed, BGM acquired ...

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