Investment & Financing
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...
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...
Berge Bulk vessel to sail with WindWings in 2023
Berge Bulk, leading the dry bulk market in decarbonisation, will equip its Newcastlemax bulker Berge Olympus with BARTech WindWings by Yara Marine Technologies. SINGAPORE, June 29, 2022 /PRNewswire/ -- Berge Bulk, BAR Technologies, and Yara Marine Technologies have reached an agreement to insta...
Mapan secures US$15 Million from Global and Indonesian investors in Series A Funding aimed at improving financial access for Indonesians
* Series A round saw participation from Indonesian giants PT Astra Digital Internasional, a subsidiary of PT Astra International Tbk (Astra), Blibli, BRI Ventures, SMDV, and Prasetia Dwidharma, as well as global venture capital firms Patamar Capital, Flourish Ventures and 500 Global * Fresh f...
Otodata Holdings, Inc. Announces the Acquisition of AIUT's LPG Branch
A great opportunity for Otodata to continue expanding their product offerings MONTREAL, June 29, 2022 /PRNewswire/ -- Otodata Holdings, Inc. ("Otodata") is pleased to announce that it has acquired AIUT's LPG branch, a leading supplier of IoT ecosystems for the global LPG remote monitoring and met...
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 29, 2022 /PRNewswir...
Timecho, Founded by the Creators of Apache IoTDB, Raises Over US$10 Million First Fund for Open-Source Software R&D and Time-Series Database Solutions
STUTTGART, Germany and BEIJING, June 29, 2022 /PRNewswire/ -- Timecho, founded by the creators of Apache IoTDB, an IoT-native time series database, has announced a first round of funding of more thanUS$10 million led by Sequoia China and joined by Gobi China, Koalafund, and Cloudwise. Time ...
Collectius acquires more than US$800 million of non-performing loans in Vietnam for the first time
SINGAPORE, June 29, 2022 /PRNewswire/ -- Collectius, a leading restructuring partner for financial institutions inAsia, acquired its first portfolios in Vietnam since entering the market at the end of last year, securing more than US$800 million of non-performing loans (NPLs) from a Vietnam-based...
NewAmsterdam Pharma and the Menarini Group Sign Licensing Deal to Commercialize Obicetrapib in Europe
- Combines NewAmsterdam's lead clinical program obicetrapib with Menarini's deep cardiovascular disease and regional expertise - Total deal value of over €1 billion; including €142.5 million upfront payment and committed R&D funding plus potential milestones and double-digit royalties on net pro...
Kensing Announces Acquisition of Vitae Naturals
Transaction Creates a Global Leader in Plant Sterol Esters and Natural Vitamin E KANKAKEE, Ill., June 28, 2022 /PRNewswire/ -- Kensing, LLC ("Kensing" or the "Company"), a leading manufacturer of Natural Vitamin E, Plant Sterols and high-purity surfactants, and a portfolio company of One Rock Cap...
Georges Cohen acquires 5% shareholding in Squared Holding S.A
In addition to his investment, Georges brings listing expertise LIMASSOL, Cyprus, June 28, 2022 /PRNewswire/ -- SquaredFinancial, headquartered inEurope, has welcomed back co-founder Georges Cohen who has returned to the company as an investor. Georges is a renowned French businessman who join...
Week's Top Stories
Most Reposted
QDX Co-Founder Giuseppe Barca Awarded Prestigious Gordon Bell Prize, Pioneering Advancements in Drug Discovery Technology
[Picked up by 303 media titles]
2024-11-26 18:49ITAP 2024 sets the stage for a more connected advanced factory ecosystem with focus on AI, advanced robotics and sustainability
[Picked up by 296 media titles]
2024-11-28 17:24Southeast Asian Consumers Raise Online Security Concerns, New GSMA Survey Shows
[Picked up by 296 media titles]
2024-11-26 13:00MediSun Energy Raises $8.75M Seed Round with Vynn Capital to Drive MENA Expansion and Advance Osmotic Energy Innovation
[Picked up by 280 media titles]
2024-11-25 10:00
Mentech at COP29: Showing the Eco-friendly Lifestyle with Technological Innovation
[Picked up by 274 media titles]
2024-11-29 20:33
Most Read
Chinese path to modernization a model for Global South, experts say
SUNLU Formnext 2024 Event Highlights: From Functional Filaments to FilaDryer E2
Innovative technology and applications recognised with Hong Kong ICT Awards 2024
