Investment & Financing

Otis Taiwan Completes the Acquisition of Jardine Schindler Lifts Limited in Taiwan

2024-09-10 10:00 6531

TAIPEI, Sept. 10, 2024 /PRNewswire/ -- Otis Elevator Company (Taiwan) Limited ("Otis Taiwan") has completed the acquisition of Jardine Schindler Lifts Limited inTaiwan from the Jardine Schindler Group. Otis Taiwan is a subsidiary of Otis Worldwide Corporation   (NYSE: OTIS), ...

IBM to Acquire Accelalpha, Leading Oracle Consultancy

2024-09-10 04:49 3559

Accelalpha's supply chain, logistics, finance, EPM and CX-CPQ skills to accelerate clients' Oracle Cloud Application adoption ARMONK, N.Y., Sept. 10, 2024 /PRNewswire/ -- IBM (NYSE: IBM ) today announced its intent to acquire Accelalpha, a global Oracle services prov...

Jockey Club launches Philanthropy for Better Cities Forum 2024, ushering in Hong Kong Philanthropy Week

2024-09-09 22:49 3372

HONG KONG, Sept. 9, 2024 /PRNewswire/ -- The Hong Kong Jockey Club Charities Trust convened its fourth Philanthropy for Better Cities (PBC) Forum 2024 at West Kowloon Cultural District today (9 September). It ushered in Hong Kong Philanthropy Week, in keeping with the HKSAR Government's mission t...

Bambusa Therapeutics Inc. Announces Successful Series Seed Funding to Advance Innovative Bispecific Antibodies for Immunology & Inflammation

2024-09-09 21:09 2618

BOSTON, Sept. 9, 2024 /PRNewswire/ -- Bambusa Therapeutics Inc., a biotechnology company focused on developing bispecific antibodies for the treatment of immunological and inflammatory (I&I) disorders, announced the successful closing of its Series Seed financing round, raising approximately$15 ...

SU Group and UrbanChain Agree to Jointly Develop Integrated AIoT Car Parking, Security and Access Control Solutions; SU Group Further Expands its Addressable Market

2024-09-09 21:00 3839

HONG KONG, Sept. 9, 2024 /PRNewswire/ -- SU Group Holdings Limited (Nasdaq: SUGP) ("SU Group" or the "Company"), an integrated security-related engineering services company inHong Kong, today announced it has entered into a joint development memorandum of understanding (the "MOU") with UrbanChain...

Zhihu Inc. Commences Tender Offers to Buy Back Up to US$54.8 Million of Its Class A Ordinary Shares and American Depositary Shares

2024-09-09 17:39 3912

BEIJING, Sept. 9, 2024 /PRNewswire/ -- Zhihu Inc. (NYSE: ZH; HKEX: 2390) ("Zhihu" or the "Company"), a leading online content community inChina, today announced that it has commenced all cash tender offers (the "Offers") to buy back up to 46,921,448 Class A ordinary shares of the Company (includi...

EQT to acquire GeBBS Healthcare Solutions, a leading healthcare technology solutions provider

2024-09-09 14:03 2559

* GeBBS Healthcare Solutions ("GeBBS" or the "Company") specializes in revenue cycle management, health information management (HIM), and medical billing services * It offers a range of services designed to help US-based healthcare providers, including hospitals, health systems, and physician...

OCI Global Announces Agreement for the Sale of its Global Methanol Business to Methanex

2024-09-09 09:00 1841

* OCI Global ("OCI", the "Company") has entered into a binding equity purchase agreement for the sale of 100% of its equity interests in its Global Methanol Business ("OCI Methanol") to Methanex Corporation ("Methanex"), (the "Transaction"). * Purchase price consideration of USD 2.05 billion ...

Baird Medical and ExcelFin Acquisition Corp Announce Effectiveness of Registration Statement

2024-09-06 05:23 4207

FORT MILL, S.C., Sept. 5, 2024 /PRNewswire/ -- Betters Medical Investment Holdings Limited ("Baird Medical" or the "Company"), a leading microwave ablation ("MWA") medical device developer and provider inChina, and ExcelFin Acquisition Corp. ("ExcelFin") (NASDAQ:XFIN

Moatable Announces Entry into Definitive Agreement to Acquire a Letting Agent Business

2024-09-06 04:00 4614

PHOENIX, Sept. 5, 2024 /PRNewswire/ -- Moatable, Inc. (OTC: MTBLY) ("Moatable" or the "Company"), a leading US-based SaaS company, today announces that Lofty Inc., a subsidiary of the Company, entered into a definitive stock purchase agreement (the "Stock Purchase Agreement") withJennifer Susan G...

WCAS Completes Acquisition of EquiLend

2024-09-05 20:00 2788

Private equity backing to accelerate growth initiatives for EquiLend NEW YORK, Sept. 5, 2024 /PRNewswire/ -- EquiLend, the global technology, data and analytics company for the securities finance industry, today announces the completion of its majority acquisition by private equity firm Welsh, Ca...

Medera Inc. to be Listed on NASDAQ Through a Merger Agreement with Keen Vision Acquisition Corporation

2024-09-05 20:00 3693

* Medera is a clinical-stage biotechnology company focused on targeting difficult-to-treat cardiovascular diseases using a range of next-generation gene- and cell-based approaches in combination with bioengineered human mini-heart drug discovery and screening technology platforms * Transactio...

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

2024-09-05 18:30 3402

NEW YORK, Sept. 5, 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 p...

Exyte acquires TTP Group to accelerate growth of Biopharma and Life Sciences business

2024-09-05 17:00 2588

* TTP Group is a leading engineering firm specializing in biotech and pharmaceutical industry * The company serves blue-chip clients in Europe  * TTP Group employs 1,000 people across 27 locations under the operational brands Pharmaplan and Triplan * Exyte CEO Büchele: "With the acquisitio...

Re-Leased raises US$12.5m to expand the use of its AI-powered commercial real estate software

2024-09-04 21:00 3770

DALLAS, Sept. 4, 2024 /PRNewswire/ -- New Zealand-founded property software company Re-Leased has announced an oversubscribedUS$12.5m raise led by Movac, with participation from Icehouse Ventures and existing investors. The raise will enable Re-Leased to boost the use of AI within its software (w...

Front Row Group Announces Strategic Investment from Charlesbank Capital Partners

2024-09-03 23:00 5542

New funding will enhance Front Row Group's ability to execute strategic growth initiatives and deliver hyper-personalized service at scale NEW YORK and BOSTON, Sept. 3, 2024 /PRNewswire/ -- Front Row Group (or the "Company"), an e-commerce agency and accelerator providing fully outsourced market...

Albatroz Therapeutics Soars into Johnson & Johnson Innovation - JLABS Singapore

2024-09-03 20:30 2944

SINGAPORE, Sept. 3, 2024 /PRNewswire/ -- Albatroz Therapeutics, a biotechnology company developing novel therapies against cancer and other indications, today announced its membership of Johnson & Johnson Innovation – JLABS Singapore. "We are thrilled to join the vibrant life science community at...

Enfinity Global secures € 190 million financing for a 157 MW solar power portfolio in Italy

2024-09-03 17:00 3096

MILAN, Sept. 3, 2024 /PRNewswire/ -- Enfinity Global Inc, a leader in renewable energy, today announced that it has closed € 189.6 million in financing for the construction of 157.1 MW in eight utility-scale solar power plants located in the regions of Lazio andEmilia Romagna (Italy), which are e...

Azentio to lead insurance technology modernization through the acquisition of intellectual property and other assets of Kuwait-based Pysurance and iMOTOR

2024-09-03 14:00 4631

Market leading software provider Azentio supercharges insurance offering through acquisition of cutting-edge technology stack SINGAPORE, Sept. 3, 2024 /PRNewswire/ -- Azentio Software  ("Azentio"), a leading end-to-end software company specializing in the BFSI sector, to...

TPG's The Rise Fund Leads Strategic Investment in BillEase

2024-09-03 10:30 6043

MANILA, Philippines, Sept. 3, 2024 /PRNewswire/ -- BillEase, the leading digital consumer finance platform inthe Philippines, today announced TPG's The Rise Fund has signed definitive documentation to lead a significant strategic investment in the company. With the investment, The Rise Fund, the ...

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