Investment & Financing
ASCOTT ACQUIRES OAKWOOD WORLDWIDE TO FAST-TRACK GROWTH TO OVER 150,000 UNITS GLOBALLY
Acquisition adds to recurring fee income streams and expands lodging offerings to strengthen Ascott's leading position SINGAPORE, July 5, 2022 /PRNewswire/ -- CapitaLand Investment Limited's (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) announced it is acquiring Oakwood W...
Saudia Cargo Selects RTS Cargo Suite for Revenue Management (Velocity), Pricing (AcceleRate) and Revenue Planning (Foresight) Solutions
JEDDAH, Saudi Arabia, July 5, 2022 /PRNewswire/ -- Saudia Cargo, one of the largest middle eastern airlines, has partnered with Revenue Technology Services (RTS) in the cargo division. The partnership entails the implementation of a Revenue Planning solution, Foresight, pricing solution, Acceler...
ClinChoice Raises $150 mm Series E Round Financing, Further Strengthening its Global Services Capabilities
PHILADELPHIA, July 4, 2022 /PRNewswire/ -- Recently, ClinChoice announced the successful completion of its $150 mm Series E round financing. The investment was led by Legend Capital, and co-invested by Taikang Life Insurance, Sherpa Healthcare Partners and existing shareholders, including Lilly A...
STRATEGIC COLLABORATION BETWEEN RIAU CAPITAL GROUP AND JASPER INVESTMENTS LIMITED BEGINS WITH THE FIRST VESSEL FOR DEPLOYMENT TO A PROJECT IN QATAR
ENHANCED STRATEGIC INVESTMENT BY RIAU CAPITAL INVESTMENTS PTE. LTD. IS A SHOW OF THEIR COMMITMENT TO THE COLLABORATION * Riau Capital Group secured its first platform supply vessel for deployment in Qatar in collaboration with a ship chartering & offshore services group operating inQatar. * ...
Henkel closes acquisition of Shiseido's Professional hair business in Asia-Pacific
* Henkel becomes a leading player in Asia's hair professional business SINGAPORE, July 4, 2022 /PRNewswire/ -- Henkel has successfully closed the acquisition of the Professional hair business of Shiseido Company, Limited, headquartered inTokyo. The business comprises leading professional hair b...
PRT Signs Strategic Partnership with Seri Wathana Group to Better Serve Thai Customers
Drivers around the region will benefit from a joint effort to deliver quality
solutions.
BUFORD, Ga. and SINGAPORE, July 4, 2022 /PRNewswire/ -- PRT (Performance Ride
Technology
Chubb Life Appoints Jee Eun Cho to Lead LINA, its Newly Acquired Life Insurance Operations of Cigna in Korea
* Business to continue to operate as LINA Korea * New logo emphasizes mutual respect and flexibility HONG KONG, July 4, 2022 /PRNewswire/ -- Chubb Life today announced that Jee Eun (Geannie) Cho has been appointed Country President of the company's life insurance operations in Korea that were...
Chubb Life Announces Gail Costa Will Lead Newly Acquired Life Insurance Operations of Cigna in New Zealand
HONG KONG, July 4, 2022 /PRNewswire/ -- Chubb Life today announced that Gail Costa will lead the company's life insurance operations inNew Zealand that were recently acquired from Cigna. Ms. Costa, who is currently Chief Executive Officer of Cigna Life New Zealand, will continue to have executive...
With $2M seed funding, Overtune aim to democratize music creation
REYKJAVIK, Iceland, July 1, 2022 /PRNewswire/ -- Gabriel Jagger's media company
Whynow invests in Overtune joining an already impressive list of investors.
GoCardless to acquire open banking platform Nordigen, combining broad open banking connectivity with bank payment expertise
GoCardless to offer free access to open banking data
LONDON and RIGA, Latvia, July 1, 2022 /PRNewswire/ -- GoCardless
Chubb Completes Acquisition of Cigna's Personal Accident, Supplemental Health and Life Insurance Business in Asia-Pacific
ZURICH, July 1, 2022 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced that it has completed its acquisition of the life and non-life insurance companies that house the personal accident, supplemental health and life insurance business of Cigna (NYSE: CI) in sixAsia-Pacific markets. Chubb ...
Mentice AB (STO: MNTC) completes the acquisition of ANKYRAS
GOTHENBURG, Sweden, July 1, 2022 /PRNewswire/ -- Mentice AB (STO: MNTC) ("Mentice") Mentice today confirms the acquisition of the Ankyras business from Galgo Medical SL, as previously communicated via the press release on9th June 2022, now has been completed. The information was submitted for re...
CMC REIT Passed the Resolution Approving China Merchant Towers Transaction Resolution
Unitholders Agree to Acquire Iconic CBD Property in Beijing HONG KONG, June 30, 2022 /PRNewswire/ -- China Merchants Commercial Real Estate Investment Trust ("CMC REIT" or "the Trust", HKEX stock code:1503) announced that the acquisition and transaction of China Merchants Tower in Beijing and oth...
Onion Global Announces US$10 Million Private Share Repurchase
GUANGZHOU, China, June 30, 2022 /PRNewswire/ -- Onion Global Limited (NYSE: OG) ("Onion Global" or the "Company") today announced that to boost shareholders' confidence, it has entered into a private share repurchase agreement with a third party investor (the "Selling Shareholder") on a privately...
Model Performance Acquisition Corp. Announces Contribution to Trust Account to Extend Period to Consummate Business Combination
NEW YORK, June 30, 2022 /PRNewswire/ -- Model Performance Acquisition Corp. (NASDAQ: MPAC, the "Company"), a special purpose acquisition company, announced today that it has deposited into the Company's trust account (the "Trust Account") an aggregate of$575,000 (representing $0.10 per Class A or...
Infinity Entertainment Group acquires stake in dragon-i, Cassio and Tazmania Ballroom to form a new strategic alliance in Hong Kong's nightclub industry
HONG KONG, June 30, 2022 /PRNewswire/ -- Infinity Entertainment Group Limited (" IEG", or "the Buyer"), an exempted company incorporated in the Cayman Islands with limited liability is the investment holding company for entertainment and F&B businesses of LC Capital Group, which is headquartered i...
Funding Societies acquires CardUp, drives payments expansion
* Acquisition of the digital payments platform will take place in June and is subject to regulatory approvals * The digital lender will benefit from CardUp's range of payment technologies and solutions, further expanding its financial services beyond lending SINGAPORE ,June 30, 2022 /PRNewswir...
MOËT HENNESSY STRENGTHENS ITS GLOBAL PORTFOLIO OF EXCEPTIONAL WINES WITH THE ACQUISITION OF JOSEPH PHELPS VINEYARDS, ONE OF THE MOST RESPECTED AND ACCLAIMED WINE PROPERTIES OF THE NAPA VALLEY IN CALIFORNIA
PARIS and NEW YORK and SAN FRANCISCO, June 29, 2022 /PRNewswire/ -- Moët Hennessy, the world leading luxury wines and spirits division of LVMH, is pleased to announce the addition of Joseph Phelps Vineyards to its portfolio. This acquisition follows Moët Hennessy's development strategy, which aim...
Global Infrastructure Partners and ADIA Agree to Acquire 72.55% Interest in European Rail Logistics Company, VTG
LONDON, June 29, 2022 /PRNewswire/ -- Global Infrastructure Partners ("GIP"), a leading independent global infrastructure investor, is pleased to announce it has reached an agreement, alongside our partner the Abu Dhabi Investment Authority ("ADIA"), to acquire a 72.55% equity interest in VTG ...
57 Stars invests in WayCool, India's leading food and agri-tech platform
WayCool marks the first transaction for 57 Stars Direct Impact Fund WASHINGTON, June 29, 2022 /PRNewswire/ -- 57 Stars LLC, an independent global alternative investment firm targeting high-growth sectors driven by technological innovation, is pleased to announce it has led aUSD 40 million invest...
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