Investment & Financing

LGT to acquire Commonwealth Bank of Australia (CBA)'s personal advice business, Commonwealth Private Advice

2024-11-11 23:05 2063

VADUZ, Liechtenstein, Nov. 11, 2024 /PRNewswire/ -- LGT, the international private banking and asset management group owned by the Princely Family of Liechtenstein, has signed an agreement to acquire the personal advice business ofAustralia's largest bank, CBA. This acquisition bolsters LGT's foot...

THE LINE continues to accelerate from vision to reality with the appointment of city design and engineering partners

2024-11-11 22:21 2836

World-class consortium appointed to lead detailed city planning for THE LINE's Phase One NEOM, Saudi Arabia, Nov. 11, 2024 /PRNewswire/ -- NEOM, the sustainable region taking shape in northwestSaudi Arabia, has today announced the appointment of world-leading partners to deliver the core city pl...

Nisun International Acquires Minority Stake in Leading KFC Franchisee, Nanjing Pin Bai Sheng, to Drive Growth in Campus Catering and Strengthen Supply Chain Synergies

2024-11-11 22:15 1856

SHANGHAI, Nov. 11, 2024 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd ("Nisun International" or the "Company") (Nasdaq: NISN), a technology and industry driven integrated supply chain solutions provider, is pleased to announce its acquisition of a minority stake in Nan...

Lakeside Holding Enters Medical Logistics Sector with Acquisition of Hupan Pharmaceutical (Hubei) Co., Ltd.

2024-11-11 21:45 1712

Acquisition Strengthens Lakeside's Pharmaceutical Logistics Capabilities in China, Projected to Add US$7 Million in Annual Revenue ITASCA, Ill., Nov. 11, 2024 /PRNewswire/ -- Lakeside Holding Limited ("Lakeside" or the "Company") (Nasdaq: LSH), a U.S.-based integrated cross-border supply chain s...

SunCar Technology and Wuhan JIDU Join Forces to Revolutionize Auto Insurance with Nationwide Intelligent Platform

2024-11-11 21:00 1567

NEW YORK, Nov. 11, 2024 /PRNewswire/ -- SunCar Technology Group Inc. (NASDAQ: SDA), a leading innovator in cloud-based B2B auto services and auto e-insurance inChina, has entered into a strategic partnership with Wuhan JIDU Automobile Service Co. LTD. ("Wuhan JIDU"), to provide its cutting-edge i...

SP Manufacturing and Ideal Jacobs join forces to expand global capabilities together

2024-11-11 13:54 1457

SINGAPORE, Nov. 11, 2024 /PRNewswire/ -- SP Manufacturing (SPM), a leading provider of Electronics Manufacturing Services (EMS) to mission-critical industries, today announced the acquisition of theAsia operations of Ideal Jacobs ("IJA").  IJA is a Hong Kong-based, global provider of high-perfor...

The One Destination, together with a Singapore Investor and an Institutional Fund Collaborate to Build Vietnam's First ESG Real Estate Complex in Da Lat.

2024-11-08 14:53 3943

HANOI, Vietnam, Nov. 8, 2024 /PRNewswire/ -- The One Destination officially announced an investment agreement withSingapore's Terne Holdings, a multi-sector investment group, and BTS Bernina Private Equity Fund, anAsia -focused regulated mutual fund. Under the agreement, the joint venture arrange...

Two Schools, One Vision: XCL World Academy and XCL American Academy to Merge

2024-11-08 09:00 1880

SINGAPORE, Nov. 8, 2024 /PRNewswire/ -- XCL Education Group today announced the merger of XCL American Academy into XCL World Academy inAugust 2025, creating a single, unified campus dedicated to providing an exceptional learning environment that fosters diversity, academic excellence, and person...

ProofID and Midships form a strategic collaboration to deliver world-class Ping Identity services

2024-11-07 22:56 1714

MANCHESTER, England and SINGAPORE, Nov. 7, 2024 /PRNewswire/ -- ProofID , a leading identity security specialist and Midships , a leading Customer Identity & Access Management (CIAM) and Fraud Prevention consultancy announced today that they have fo...

ProofID and Midships form a strategic collaboration to deliver world-class Ping Identity services

2024-11-07 22:43 1653

MANCHESTER, England and SINGAPORE, Nov. 7, 2024 /PRNewswire/ -- ProofID , a leading identity security specialist and Midships , a leading Customer Identity & Access Management (CIAM) and Fraud Prevention consultancy announced today that they have fo...

Aditum Bio and Leads Biolabs Announce the Formation of Oblenio Bio to Develop a Tri-Specific T-Cell Engager for Autoimmune Disorders

2024-11-07 16:29 1843

Leads Biolabs grants Oblenio Bio an exclusive option to license LBL-051, a first-in-class CD19xBCMAxCD3tri-specific T-cell engager antibody OAKLAND, Calif. and NANJING, China, Nov. 7, 2024 /PRNewswire/ -- Aditum Bio and Leads Biolabs today announced the formation of Oblenio Bio, which is being f...

Aquaron Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination

2024-11-07 06:30 1507

NEW YORK, Nov. 6, 2024 /PRNewswire/ -- Aquaron Acquisition Corp. (NASDAQ: AQU, the "Company"), a special purpose acquisition company, announced today that HUTURE Ltd. ("Huture") has deposited into the Company's trust account (the " Trust Account") an aggregate of $20,000, in order to extend the pe...

MODIFI Secures Strategic Investment from SMBC Asia Rising Fund to fuel Asian exports by SMEs

2024-11-06 11:13 1974

Fintech leader strengthens position in cross-border B2B payments and trade finance, eyeing rapid growth acrossAsia, including China and India AMSTERDAM and SINGAPORE, Nov. 6, 2024 /PRNewswire/ -- MODIFI, a leading global platform in B2B Buy Now, Pay Later (BNPL) solutions, today announced the su...

Xypex Chemical Corporation Expands Global Operations Acquires Xypex Australia and National Concrete Solutions

2024-11-05 23:00 3763

VANCOUVER, BC, Nov. 5, 2024 /PRNewswire/ -- Xypex Chemical Corporation is pleased to announce that, effectiveNovember 1, 2024, Concrete Waterproofing Manufacturing Pty. Ltd. (CWM), trading as Xypex Australia, which also includes CWM's subsidiary XMS (Thailand), and, National Concrete Solutions (N...

ABB announces the acquisition of Aurora Motors

2024-11-05 23:00 1716

* Aurora Motors is a global provider of Vertical Pump Motors * Their products are distributed in 30 countries spanning the agriculture, municipality, industrial and fire protection industries * The acquisition represents a significant enhancement to NEMA's product portfolio, bolstering the m...

Peritus Capital Secures Term Loan for Oberland Agriscience to Drive Sustainable Protein Production

2024-11-05 23:00 1379

NEW YORK, Nov. 5, 2024 /PRNewswire/ -- Peritus Capital is pleased to announce a successful term loan arrangement for Oberland Agriscience Inc. The non-dilutive funding will support theHalifax-based company in scaling its production through equipment acquisitions and increased working capital. Ob...

Ampd Energy Secures Oversubscribed $27.3 Million in Series B Funding to Accelerate Clean Battery Energy Storage Solutions Globally

2024-11-05 16:15 1768

* $27.3 million Series B funding co-led by Kibo Invest and Openspace, continued participation from MTR Lab, Taronga Ventures and 2150 * Ampd Energy has deployed +300 smart battery units - primarily in construction - in seven countries, abating over 69,000 tons of CO2, the equivalent of 88,000...

Funding Societies secures third credit facility with HSBC to extend access to MSMEs in Southeast Asia

2024-11-05 11:30 18722

Part of HSBC's ASEAN Growth Fund, an accumulative commitment of over US$100 million to Funding Societies since its partnership established in 2022 SINGAPORE, Nov. 5, 2024 /PRNewswire/ -- Funding Societies | Modalku (Funding Societies ), the largest unified digital f...

DeepRoute.ai Announces Major Series C1 Funding; Strategic Investment from Prestigious Chinese Automotive OEM

2024-11-05 11:00 1643

SHENZHEN, China, Nov. 5, 2024 /PRNewswire/ -- DeepRoute.ai, the leading artificial intelligence company specializing in developing smart driving solutions, announced a strategic Series C1 funding round, raisingUS$100 million from prestigious Chinese automotive OEM. The funding will enhance resear...

Compugen Strengthens Defence + Security Industry with Strategic Acquisition of SynerSolutions

2024-11-05 06:00 1257

TORONTO, Nov. 5, 2024 /PRNewswire/ -- Compugen Inc., the nation's largest privately-owned and operated Technology Ally, is proud to announce the acquisition of SynerSolutions Technologies Inc., a leader in cybersecurity services for defence. Compugen's acquisition of SynerSolutions underscores t...

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