Investment & Financing

Meridian Bioscience, Inc. Enters into Agreement to Be Acquired by SD Biosensor and SJL Partners in $1.53 Billion All-Cash Transaction

2022-07-08 08:41 5568

Shareholders to Receive $34.00 Per Share in Cash, Providing Immediate, Compelling and Certain Value Transaction Follows Deliberate Review, Including Outreach to Potential Strategic and Financial Partners CINCINNATI and SEOUL, South Korea, July 8, 2022 /PRNewswire/ -- Meridian Bioscience, Inc. (...

Zhiyi Biotech Raised $45 Million in Series B Funding Round to Accelerate the Clinical Development of LBPs Pipelines

2022-07-07 17:45 1413

GUANGZHOU, China, July 7, 2022 /PRNewswire/ -- Recently, Zhiyi Biotech announced that it has raised$15 million in its B++ funding round. The funds will be used to boost the clinical development of the company's live biotherapeutic products (LBPs) pipelines. It's worth mentioning thatZhiyi has su...

ASUS and Tan Tock Seng Hospital co-develop an AI-based tool to improve the accuracy and efficiency of diagnosis in blood diseases

2022-07-07 16:05 3231

Both parties inked an MOU to accelerate integration of AI-powered solutions into clinical care, to supportSingapore's healthcare transformation SINGAPORE, July 7, 2022 /PRNewswire/ -- ASUS and Tan Tock Seng Hospital (TTSH) inked a three-year Memorandum of Understanding (MOU) earlier today to for...

Bostik finalizes the integration of Ashland's performance adhesives to fully capitalize on synergies

2022-07-07 16:00 3052

COLOMBES, France, July 7, 2022 /PRNewswire/ -- Four months after completing the acquisition ofAshland's Performance Adhesive activities, Bostik, the adhesive solutions segment of Arkema, has finalized the Integration of these activities inside its organization. This milestone signs a major step i...

Abracon Announces Acquisition by Genstar Capital; Tony Roybal Named President and CEO, Michael Calabria Executive Chairman

2022-07-07 01:27 2336

SPICEWOOD, Texas, July 7, 2022 /PRNewswire/ -- Abracon LLC, (Abracon) a leader in passive components, today announced it has been acquired by Genstar Capital, a leading private equity firm focused on investments in targeted segments of the industrials, financial services, healthcare, and software...

IBM Aims to Capture Growing Market Opportunity for Data Observability with Databand.ai Acquisition

2022-07-06 20:00 1721

Acquisition helps enterprises catch "bad data" at the source Extends IBM's leadership in observability to the full stack of capabilities for IT -- across infrastructure, applications, data and machine learning ARMONK, N.Y., July 6, 2022 /PRNewswire/ -- IBM (NYSE: IBM

NetNumber Announces Formation of Two New Dynamic Companies: Acquisition by Abry Partners Launches NetNumber Global Data Services, Spin-Out of Software Line Forms Titanium Software

2022-07-06 20:01 1663

Following Explosive Growth Period and Decades of Serving the Global Telecom Industry, Company Strategically Separates Industry-leading Solution Suites to Meet Complex Security and Evolving Market Demands LOWELL, Mass., July 6, 2022 /PRNewswire/ -- Fueled by industry innovation, NetNumber, a worl...

Guardant Health and Adicon announce strategic partnership to offer comprehensive genomic profiling tests to accelerate development of new cancer therapies in China

2022-07-06 18:17 3580

Collaboration will provide biopharmaceutical companies access to Guardant Health's broad portfolio of cancer tests to help advance drug development programs and their clinical trials SINGAPORE, July 6, 2022 /PRNewswire/ -- Guardant Health, Inc. (Nasdaq: GH), a leading precision oncology company,...

VINFAST PARTNERS WITH AND INVESTS IN PROLOGIUM FOR SOLID-STATE BATTERIES DEVELOPMENT

2022-07-06 15:18 2115

HANOI, Vietnam, July 6, 2022 /PRNewswire/ -- VinFast, through a company in Vingroup, today announced an investment in the tens of millions of US dollars investment in ProLogium, a global leading manufacturer in next-generation solid-state battery. VinFast also entered into a Memorandum of Underst...

Precision Immersion Cooling Specialist, Iceotope Technologies, Secures £30m Funding from Global Syndicate Led by Impact Investor ABC Impact

2022-07-06 15:00 2326

* Singapore impact private equity firm, ABC Impact, is investing in Iceotope to drive the reduction of carbon emissions from data centres and contribute to the achievement of net-zero emissions for the sector * Syndicate includes nVent, a leading global provider of electrical connection and p...

ESR upsizes development joint venture in Korea with APG and CPP Investments by up to US$1 billion

2022-07-06 10:58 3869

SEOUL, South Korea and HONG KONG, July 6, 2022 /PRNewswire/ -- ESR Group Limited ("ESR" or the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager, announced today the upsize of its second development joint venture ("ESR-KS II" or the "Joint Venture") in Korea with APG and Canada ...

harrison.ai and Sonic Healthcare join forces to launch 'franklin.ai', bringing Artificial Intelligence (AI) to pathology

2022-07-06 09:58 6699

franklin.ai aims to apply the latest methodologies in artificial intelligence (AI) to putgroundbreaking AI tools into the hands of pathologists. SYDNEY, July 6, 2022 /PRNewswire/ -- harrison.ai , the clinically led healthcare AI platform andSonic

Esco Lifesciences Group Strengthens IVF Portfolio by Acquiring Evidence Solution

2022-07-06 09:00 1920

SINGAPORE, July 6, 2022 /PRNewswire/ -- Esco Lifesciences Group ("Esco", the "Company") announces the full acquisition of Evidence Solution ("Evidence"), a Danish software company offering In Vitro Fertilization (IVF) management technologies and quality management systems ("Evidence witness syste...

Sale of the P-MAX vessel Stena Paris

2022-07-06 03:08 2286

GÖTEBORG, Sweden, July 6, 2022 /PRNewswire/ -- Concordia Maritime has entered into an agreement for the sale of the product tanker Stena Paris (65,000 dwt, built in 2005). The buyer is based inGreece and delivery is expected to take place at the end ofJuly 2022. The sale is expected to have a po...

Eurofins Discovery Announces Acquisition of DiscoveryBioMed

2022-07-06 01:04 2355

SAN DIEGO, July 6, 2022 /PRNewswire/ -- Eurofins Discovery, the leading brand with over 35 years of success providing a complete solution of products and services for drug discovery, today announced the acquisition of DiscoveryBioMed, a contract research organization (CRO) focused on developing ...

Release on scammers impersonating Vickers Venture Partners

2022-07-06 00:46 2723

SINGAPORE, July 6, 2022 /PRNewswire/ -- Vickers Venture Partners has recently been made aware of a party impersonating us, creating websites, Telegram channels and a YouTube account, claiming to have launched the Vickers Venture AI Trading platform and soliciting the public to open a trading acco...

BRV China-backed Service Robot Company Wissen Technology Completes US$10 Million Pre-A+ Series Financing

2022-07-05 21:00 2152

BEIJING, July 5, 2022 /PRNewswire/ -- Wissen Technology (Shenzhen) Co., Ltd (Wissen Technology), a leading service robot innovator, raised close toUS$10 million in a Pre-A+ Series financing led by BlueRun Ventures China ("BRV China"). The funding will go towards reinforcing Wissen Technology's t...

Winner Medical Acquires 100% Stake in Guilin Latex, Expanding into Medical Latex Market

2022-07-05 21:07 2417

SHENZHEN, China, July 5, 2022 /PRNewswire/ -- Winner Medical Co. Ltd. (300888.SZ; "Winner Medical" and "the Company"), a leading manufacturer of disposable wound care and surgical products, held an inauguration ceremony for Winner (Guilin) Latex Products Co., Ltd in Guilin,Guangxi Province on Jun...

Doo Financial Acquires An Insurance Broker Licensed Entity Regulated By The Hong Kong Insurance Authority

2022-07-05 20:45 3630

HONG KONG, July 5, 2022 /PRNewswire/ -- Doo Group's affiliate, Doo Financial, today announced its acquisition of a Wealth Management Limited company (IA FB1823), now known as Doo Wealth Management HK Limited. It is an insurance broker company listed on the Register of Licensed Insurance Intermedi...

IFS acquires ULTIMO

2022-07-05 20:27 2319

* IFS extends leadership in the EAM software space with ULTIMO's impressive product capabilities and customer base, and expert team. * ULTIMO's SaaS offering differentiated by fast time to value, high levels of flexibility and configurability LINKÖPING, Sweden, July 5, 2022 /PRNewswire/ -- IF...

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