Investment & Financing
Electrolux Group divests South African water heater business
STOCKHOLM, July 18, 2024 /PRNewswire/ -- Electrolux Group has signed an agreement to divest its water heater business inSouth Africa under the Kwikot brand for an enterprise value ofZAR 2.4bn (approx. SEK 1.4bn) to Haier Smart Home. The divestment includes the Kwikot brand and the production fac...
GardaWorld Enters into Binding Agreement to Acquire OnSolve Creating the Industry's Most Advanced and Comprehensive Risk Management Offering with Crisis24
* Augments Crisis24's existing proprietary suite of SaaS-based risk management solutions, adding deep mass communication capabilities * Enhances risk management innovation capabilities, with product development and software engineering talent * Customers to benefit from a more integrated cri...
Authentix® Completes Asset Purchase Agreement for Acquisition of Nanotech Security Corp. Assets
ADDISON, Texas, July 17, 2024 /PRNewswire/ -- Authentix, the authority in authentication and information services, announced that it has completed an Asset Purchase Agreement with Nanotech Security Corp. (NSC), a wholly owned subsidiary of Meta Materials Inc., acquiring certain assets of its aut...
Execo Boosts Gen AI-Embedded Legal Offerings Through Acquisition of Cacti Legal
Execo expands its delivery capabilities by acquiring Alternative Legal Services Provider (ALSP) Cacti Legal. NEW YORK, July 17, 2024 /PRNewswire/ -- Execo, a next-generation alternative legal services provider, today deepened its commitment to the legal industry with the strategic acquisition of...
Amity Solutions and Parent Amity Corp Raise US$60 Million to Transform Legacy Software Products with Generative AI
BANGKOK, July 17, 2024 /PRNewswire/ -- Amity Solutions (ASOL), a leading software and AI business fromThailand, together with its parent company, Amity Corporation, today announced the completion of aUS$60 million Series C financing round. This funding will support the company's mission to transf...
JinkoSolar to Form a Joint Venture with RELC and VI in Saudi Arabia for Production of 10 GW of High-efficiency Solar Cells and Solar Modules
SHANGRAO, China, July 16, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its indirectly majority-owned subsidiary, JinkoSolar Middle East DMCC ("Jin...
Antsomi Launches Antsomi CDP 365 on LINE OA in Thailand, Partnering with H+ Thailand for Local Support
BANGKOK, July 16, 2024 /PRNewswire/ -- Antsomi, a regional marketing technology company, is excited to announce the launch of Antsomi CDP 365 on LINE OA, its innovative solution designed for marketing on top of the LINE messaging platform via brands' LINE Official Account (OA) in the Thai market....
Telin and BW Digital to enhance DC-to-DC connectivity with new Indonesia - Singapore cable
SINGAPORE, July 15, 2024 /PRNewswire/ -- PT Telekomunikasi Indonesia International (TELIN) and BW Digital have announced a strategic partnership to develop and construct the Nongsa-Changi submarine cable system linking Batam and Singapore. The memorandum of understanding (MoU) for this joint ventu...
X Financial Announces Results of Tender Offer
SHENZHEN, China, July 15, 2024 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading online personal finance company inChina, announced today the results of its previously announced tender offer (the "Tender Offer") to purchase up to 2 million American Depositary Shares (the ...
Quantum-Systems Inc. Awarded Two Contracts by Commonwealth of Australia for DEF129-SUAS, Totaling AUD $90 Million
* Vector/Scorpion 2-in-1 sUAS selected to provide Australian Army enhanced situational awareness and increased force protection * Queensland-based Quantum-Systems Australia responsible for in-country contract execution and fostering economic development withinAustralia MOORPARK, Calif., July ...
AIIB Commits USD75M to Green and Blue Bonds of Viet Nam's SeABank
BEIJING, July 13, 2024 /PRNewswire/ -- The Asian Infrastructure Investment Bank (AIIB) has signed aUSD75-million financing contract to support green and blue bonds to be issued by Southeast Asia Commercial Joint Stock Bank (SeABank). This marks the first ever blue bond issued fromViet Nam and is ...
Phoenix Aviation Capital and AIP Capital Announce Agreement to Acquire Ten CFM LEAP-1B Engines
The announcement represents a strategic milestone for Phoenix Aviation Capital as it continues growing its portfolio of next generation assets. DUBLIN and STAMFORD, Conn., July 12, 2024 /PRNewswire/ -- Phoenix Aviation Capital ("Phoenix"), a full-service aircraft lessor, and AIP Capital ("AIP"), ...
MIRIDIH Raises $15M in Series B
*Accelerating Global Expansion and Growth* SEOUL, South Korea, July 12, 2024 /PRNewswire/ -- On July 12, Miridih Co., Ltd. (hereinafter referred to as Miridih) announced that it has successfully secured new funding through a Series B investment. Miridih is well-known for its SaaS-based design pl...
China Natural Resources Receives Nasdaq Notification Regarding Minimum Bid Requirements
HONG KONG, July 11, 2024 /PRNewswire/ -- On July 5, 2024, China Natural Resources, Inc. (NASDAQ: CHNR) (the "Company") received a letter from the Listing Qualifications Department of The Nasdaq Capital Market ("Nasdaq") notifying the Company that it is currently not in compliance with the minimum...
Quantinuum and Science and Technology Facilities Council (STFC) Hartree Centre partner to advance quantum innovation and development in the UK
* New collaboration provides the Hartree Centre access to Quantinuum's H-Series high-performance quantum computers via the cloud and on-premise * Tailored educational programs will enhance scientists' skills and understanding in quantum technologies * Partnership is expected to drive advance...
IFS Acquires EmpowerMX
EmpowerMX's powerful MRO technology adds further differentiation and depth to IFS's Industrial AI proposition for Aerospace & Defense FRISCO, Texas, July 11, 2024 /PRNewswire/ -- IFS, the leading technology innovator in cloud and Industrial AI software, today announces the acquisition of Empower...
UPPAbaby Expands Innovation Footprint with 4moms Acquisition
Strengthening Market Synergy to Deliver Premier Parenting Solutions ROCKLAND, Mass., July 10, 2024 /PRNewswire/ -- UPPAbaby, a leading innovator in juvenile products, announced that it has closed an asset purchase agreement with the parent company of 4moms, a leading brand in the infant swings, ...
AIRS Medical Secures $20M in Series C Funding to Advance AI-Powered Preventive Healthcare Solutions
SEOUL, South Korea, July 10, 2024 /PRNewswire/ -- AIRS Medical, a pioneering force in artificial intelligence (AI) and robotics for healthcare applications, today announced the completion of its Series C funding round, securing$20 million from seven institutional investors in Korea. The investmen...
Kuala Lumpur Convention Centre Committed to Industry-wide
Sustainable Consumption through Collaboration with MIFB 2024 KUALA LUMPUR, Malaysia, July 10, 2024 /PRNewswire/ -- The Kuala Lumpur Convention Centre is delighted to announce its expanded collaboration with the Malaysian International Food & Beverage (MIFB) Trade Fair, organized by Constellar Ex...
ARKANCE OPEN AUSTRALIAN HEADQUARTERS AS PART OF GLOBAL EXPANSION INTO 19 COUNTRIES WORLDWIDE
BRISBANE, Australia, July 10, 2024 /PRNewswire/ -- ARKANCE Global CEO Grégoire Arranz andHelen Potter, Global HR Director for Monnoyeur Group, visited Brisbane today to officially open the company's Australian office headquarters as part of the organisation's global expansion into 19 countries acr...
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