Investment & Financing
Aramco completes acquisition of 10% stake in Horse Powertrain Limited
* Following the signing of definitive agreements on June 28, 2024, Aramco has completed its acquisition of a 10% equity stake in Horse Powertrain Limited ("Horse Powertrain"), based on an enterprise value of €7.4 billion * Renault Group and Geely (through Geely Holding and Geely Auto) each ret...
Luxurynsight and Heuritech, two French AI & Data Leaders unite to unlock next-level data intelligence for Luxury, Fashion and Beauty Brands
PARIS, Dec. 2, 2024 /PRNewswire/ -- As from November 2024, Heuritech has officially joined the Luxurynsight Group. This strategic operation marks a major step forward their shared vision to become the global Data Intelligence SaaS leader for strategic decision-making in the Luxury, Fashion and Be...
AdvantageClub.ai raises $4 Million from Axilor Ventures to expand in the US and Asia and add New Product Lines
MANILA, Philippines, Dec. 2, 2024 /PRNewswire/ -- AdvantageClub.ai, a leader in employee engagement solutions, has raised$4 million in its latest funding round, bringing its total funding to$11 million. The round was led by Axilor Ventures, with participation from AFG Ventures,Prasanna Sarkar (ex...
CBC Group Completes Strategic Acquisition of UCB's Mature Product Portfolio in China
* CBC Group and Mubadala acquire UCB's mature neurology and allergy business inChina for US$680 million. * New company is named NeuroGen Pharma, led by an experienced management team with a strong track record in the biopharma industry. * Strategic acquisition under CBC's buyout strategy exp...
BGM Group Ltd Pioneers Innovation in AI Technology, Fostering Holistic Integration of Healthcare and Insurtech
CHENGDU, China, Nov. 29, 2024 /PRNewswire/ -- BGM Group Ltd. (NASDAQ: BGM) ("the Company" or "BGM"), a leading global pharmaceutical enterprise, today announced its acquisition of the intelligent platform of AIX Inc. (NASDAQ: AIFU) ("AIX") valued at1 billion RMB (approximately $140 million). The ...
OIA ANNOUNCES A US$500 MILLION STRATEGIC COLLABORATION WITH TÜRKIYE'S OYAK FUND
MARKING ITS NINTH STRATEGIC PARTNERSHIP WITH GLOBAL WEALTH FUNDS MUSCAT, Oman, Nov. 29, 2024 /PRNewswire/ -- As part of His Majesty Sultan Haitham bin Tarik's state visit to the Republic of Türkiye, Oman Investment Authority (OIA),Oman's Sovereign Wealth Fund, announced a US$500 million collabor...
HyperStrong and NW Forge Partnership to Bring Advanced Energy Storage Solutions to Asia
BEIJING, Nov. 29, 2024 /PRNewswire/ -- HyperStrong, the Chinese leader in energy storage system integration, and NW, the French leader in electricity storage, have signed an agreement to jointly develop and operate JBox® and IECharge® products and solutions, along with associated services, in Asi...
Masdar Closes Deal to Acquire TERNA ENERGY Announces Goal to Supercharge Growth in Greece and Eastern Europe
* Masdar has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY to become majority shareholder of the Greek clean energy champion * Following the closing of the transaction, Masdar will seek regulatory approvals for launch of an all-cash mandatory tender o...
Lanchi Ventures Leads $42M Series A Financing for Allink Biotherapeutics to Accelerate Global Development of Bispecific Antibody and ADC Pipeline
The series A investment round secures resources for advancing global Phase I/II clinical programs and orchestrating the company's global footprint expansion. BEIJING, Nov. 28, 2024 /PRNewswire/ -- Allink Biotherapeutics, a clinical-stage biotechnology company pioneering next-generation bispecific...
Allink Biotherapeutics Raises $42M Series A Financing to Accelerate Global Development of Bispecific Antibody and ADC Pipeline
The series A investment round secures resources for advancing global Phase I/II clinical programs and orchestrating the company's global footprint expansion. SHANGHAI, Nov. 28, 2024 /PRNewswire/ -- Allink Biotherapeutics, a clinical-stage biotechnology company pioneering next-generation bispecifi...
Tam Jai International Debuts in Australia
With Successful Launch of First Overseas Franchised Store HONG KONG, Nov. 28, 2024 /PRNewswire/ -- Tam Jai International Co. Limited (" TJI", "Tam Jai International", "TamJai" or the "Company", and together with its subsidiaries, the "Group"; HKEX stock code: 2217), one of the leading and renowne...
Fintica AI and Legend Arb of Hong Kong Announce Strategic Investment and Partnership
HONG KONG, Nov. 28, 2024 /PRNewswire/ -- Fintica AI Ltd, a leading innovator in next-generation AI solutions for capital markets, and Legend Arb Trading Limited, aHong Kong-based proprietary trading firm with a global footprint across major financial hubs such asShanghai, Taiwan, and Singapore, h...
Fintica AI and Legend Arb of Hong Kong Announce Strategic Investment and Partnership
HONG KONG, Nov. 27, 2024 /PRNewswire/ -- Fintica AI Ltd, a leading innovator in next-generation AI solutions for capital markets, and Legend Arb Trading Limited, aHong Kong-based proprietary trading firm with a global footprint across major financial hubs such asShanghai, Taiwan, and Singapore, h...
ASPEED Technology's Cupola360 Smart Patrol Solution Contributes to Vietnam's First Lighthouse Factory
HSINCHU, Nov. 26, 2024 /PRNewswire/ -- ASPEED Technology, a leader in 360-degree immersive imaging solutions, and its subsidiary Cupola360 Inc., have collaborated with Foxconn Industrial Internet (Fii), a subsidiary of Hon Hai Technology Group (Foxconn), to successfully implement the Cupola360 sm...
AsiaPay Champions Women-Led Ventures Across APAC with A$40K in Prizes
Second Year of Support for Women Entrepreneurs Driving Positive Change MELBOURNE, Australia, Nov. 26, 2024 /PRNewswire/ -- LIFTWOMEN®, the global platform empowering female entrepreneurs, is thrilled to announce the return of its LiftHER Female Founders Grant Challenge, supported once again by As...
TRACCOM INC. (Pink Open Market Symbol: TRCC) COMPLETES ACQUISITION OF VULCAIN, INC.
SANTA BARBARA, Calif., Nov. 25, 2024 /PRNewswire/ -- Traccom Inc. (Pink Open Market Symbol: TRCC) is pleased to announce that onNovember 13, 2024, it acquired all of the capital stock of Vulcain, Inc. ("Vulcain"). As a result of the acquisition, Vulcain has become a wholly owned and main operatin...
FutureCeuticals, Inc. and Global Calcium Pvt., Ltd. Announce Strategic Partnership
MOMENCE, Ill., Nov. 25, 2024 /PRNewswire/ -- FutureCeuticals, Inc. and Global Calcium Pvt., Ltd. announced today a strategic global sales and manufacturing partnership to expand FutureCeuticals' portfolio of clinically proven dietary supplement ingredients into high-growth markets inIndia, Southe...
TOYO Co., Ltd to Acquire Solar Module Manufacturing Facility in Texas
* Move to accelerate TOYO's plans for "made-in-America" modules with 2.5
gigawatts initial capacity HOUSTON and TOKYO, Nov. 25, 2024 /PRNewswire/ --
TOYO Co., Ltd
UNESCO and Relais & Châteaux Announce a Partnership for Sustainable Development in Harmony with All Life on Earth
PARIS, Nov. 25, 2024 /PRNewswire/ -- UNESCO and the Relais & Châteaux Association announce having signed a partnership agreement to develop and implement joint projects supporting the sustainable conservation and use of biological diversity through the world's hospitality and culinary traditions ...
Special Envoy of Indonesia, Hashim Djojohadikusumo Attracts EUR 1.2 Billion of Green Financing in Electricity Sector at COP29
BAKU, Azerbaijan, Nov. 25, 2024 /PRNewswire/ -- The Government of Indonesia, represented by the Special Envoy of the President of the Republic of Indonesia, Hashim Djojohadikusumo, has attractedEUR 1.2 billion in green financing for the power sector from Kreditanstalt für Wiederaufbau (KfW). This...
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