Investment & Financing
Hollysys to be Acquired by Ascendent Capital Partners for US$26.50 in Cash Per Share
* Hollysys Board has unanimously approved Ascendent's all cash offer at 42% premium to the unaffected price as of23 August 2023 * Agreement marks culmination of formal sale process conducted by Special Committee of independent directors BEIJING, Dec. 11, 2023 /PRNewswire/ -- Hollysys Automati...
Keppel partners AM Green to explore biogenic carbon-based sustainable fuels opportunities in Asia and the Middle East
SINGAPORE and DUBAI, UAE, Dec. 11, 2023 /PRNewswire/ -- Keppel Corporation Limited (Keppel), through its Infrastructure Division, and AM Green, which is wholly owned and controlled by the founders ofHyderabad-based Greenko Group, have signed a Memorandum of Understanding (MOU) to jointly explore ...
China Literature to Acquire Tencent Animation and Comics
HONG KONG, Dec. 11, 2023 /PRNewswire/ -- China Literature Limited ("China Literature" or "the Company", stock code: 0772), a leading online literature and intellectual property ("IP") incubation platform inChina, today announced that it has entered into an Asset Transfer Agreement withTencent Hol...
Industry rallies behind local startup; Andisor Secures $1M in pre seed funding to digitise wholesaling
MELBOURNE, Australia, Dec. 11, 2023 /PRNewswire/ -- Andisor, a pioneering digital wholesale platform, has announced the close of a$1M pre-seed funding round, backed by industry heavyweights. This significant investment marks a new era for brick-and-mortar retailers, empowering them to compete and...
Leading Australian Fire Safety Engineering and Testing Consultancy Warringtonfire Australia Joins Jensen Hughes
The acquisition expands the company's growing presence in Australia and helps position it exceptionally well for future expansion across the region. BALTIMORE, Dec. 8, 2023 /PRNewswire/ -- Today Jensen Hughes, the global leader in engineering, consulting and technology that make the world safe...
CSRC and SSE receive APAC's largest real asset manager ESR Group's application of its public warehousing logistics REIT
New C-REIT focuses on "best-in-class" logistics facilities Backed by APAC's largest real asset manager, ESR Group's leading New Economy platform has approximatelyUS$69 billion of New Economy AUM and APAC's largest New Economy development workbook ofUS$13 billion Flagship C-REIT for ESR Group th...
Kindred Ventures- SK Networks-SoftBank Ventures Asia Present Global AI Forum in Seoul, South Korea.
* 'AI WAVE 2023': Shaping the Future of Industries with AI, Offering a Platform for Investment Insights * Steve Jang and Kanyi Maqubela, Kindred Ventures' Managing Partners, Led the Discussions with the Leading AI Startups from Silicon Valley and Held Fireside Chats with SK Networks and SoftB...
Masdar Advances 10GW Africa Growth Plan to Unlock Energy Transition in Six Sub-Saharan Nations
* Projects span Angola, Uganda, the Republic of Congo, Kenya, Mozambique and Zambia * Marks advancement of Masdar 10 gigawatt (GW) growth plan to unlock Africa clean energy potential DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar advances 10GW growth pl...
SELECT GROUP ACQUIRES ICONIC PENTOMINIUM DEVELOPMENT, POISED TO BE THE TALLEST RESIDENTIAL TOWER IN THE WORLD
DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- Select Group, a renowned real estate developer headquartered inDubai, United Arab Emirates, is proud to announce a historic milestone in luxury high-rise development. The firm has triumphantly acquired the stalled development in Dubai Marina, formerly know...
Research consortium of Altair, JLR, and Danecca awarded funding through the Faraday Battery Challenge to create a new design process for electric vehicles
Altair to provide simulation and data analytics tools, and expertise to expedite breakthrough results TROY, Mich., Dec. 7, 2023 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), announced together withJLR and battery manufacturer Da...
Masdar and VERBUND to Explore Developing Large-Scale Green Hydrogen Production in Spain
* Masdar, the UAE's flagship renewable energy company, and VERBUND Green Hydrogen GmbH, part of VERBUND group,Austria's leading energy company, sign agreement atCOP28 to explore feasibility of large-scale electrolysis in central Spain. * Agreement creates a 50:50 partnership for a joint study...
GEHI Announces Plan for Closing of Merger and Transfer to NYSE American
BEIJING, Dec. 7, 2023 /PRNewswire/ -- Gravitas Education Holdings, Inc. ("GEHI" or the "Company") (NYSE: GEHI), a leading early childhood education service provider inChina, announced today that, the transaction parties have received all necessary regulatory approvals related to the merger transa...
Eurobank Asset Management MFMC invests in Mintus
LONDON and ATHENS, Dec. 7, 2023 /PRNewswire/ -- Mintus Global Limited (Mintus),
announces that Eurobank Asset ManagementMFMC
Klook Completes US$210 Million Funding, Embarks on a New Era of Profitable Growth
* Successful funding round led by renowned international investors and regional corporate investment arms * Achieves overall profitability for the first time with 3x top-line growth from pre-COVID levels SINGAPORE, Dec. 7, 2023 /PRNewswire/ -- Klook, Asia's leading platform for experiences ...
Valtech Provides Biotechnology and Technology Startup Orientated Valuation Support
HONG KONG, Dec. 7, 2023 /PRNewswire/ -- Valtech Valuation has recently concluded valuations for several projects within the biotechnology and medical technology sector, specifically focusing on genetic engineering. We are honored to have been entrusted with providing valuation opinions to the man...
World Innovation Summit for Health Announces Dates for 2024 Event and Strategic Partnership with WHO
Health leaders to prepare report on the protection of health in armed conflict. DOHA, Qatar, Dec. 7, 2023 /PRNewswire/ -- The World Innovation Summit for Health (WISH), an initiative of Qatar Foundation for Education, Science and Community Development (QF), announced the WISH 2024 summit will ta...
Ferrero-related company enters in exclusive negotiations for the acquisition of Michel et Augustin
BRUSSELS, Dec. 7, 2023 /PRNewswire/ -- A Ferrero-related company today announced that it has entered into exclusive negotiations to fully acquire Michel et Augustin from Danone. Michel et Augustin markets premium, much-loved products including sweet biscuits, savory biscuits and snacks. These ic...
Micro Medical Solutions Announces Completion of Enrollment in the STAND Pivotal Clinical Trial
Clinical investigators complete enrollment in the 177 patient, randomized, controlled study, STAND (A Clinical Evaluation of the MicroSTent PeripherAl Vascular SteNt in subjects with Arterial Disease Below the Knee, NCT03477604). WILMINGTON, Mass., Dec. 6, 2023 /PRNewswire/ -- Micro Medical Solut...
American Industrial Partners Capital Fund VII to Acquire Veoneer's Restraint Control Systems Business
STOCKHOLM and NEW YORK, Dec. 6, 2023 /PRNewswire/ -- The automotive technology company Veoneer today announced that it has entered into an agreement with an investment fund managed by American Industrial Partners ("AIP"), for the acquisition of Veoneer's Restraint Control Systems business from SS...
Nearmap Announces Agreement to Acquire Betterview, a Complementary Property Intelligence and Risk Management Platform
Leading imagery intelligence provider strengthens and complements insurance solution with acquisition SALT LAKE CITY, Dec. 6, 2023 /PRNewswire/ -- Nearmap, one of the world's largest location intelligence and aerial imagery solutions providers, has signed an agreement to acquire Betterview, a le...
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