Investment & Financing
Ferrero Group reports Consolidated Financial Statements for the 2022/2023 Financial Year
* The Ferrero Group continues its growth trajectory with a 21% increase in turnover toEUR17 billion and a 14% rise in its global workforce to 47,212 employees. * The Group expanded its presence in North America with the strategic acquisition of ice cream maker Wells Enterprises Inc. LUXEMBOU...
Brii Biosciences Announces Agreement to Acquire VBI's IP Rights in BRII-179 (VBI-2601) and Plans to Initiate Technology Transfer to Expand Clinical and Commercial Supplies
Acquiring all intellectual properties relating to BRII-179 and eliminating future milestone and royalty payments to VBI, subject to achievement of certain activities Transferring manufacturing technologies of BRII-179 and PreHevbrio/PreHevbri to additional manufacturing sites and expanding footp...
Valiantys Expands Global Presence with Acquisition of GLiNTECH, Focusing on Asia-Pacific Growth
PARIS, Feb. 13, 2024 /PRNewswire/ -- Valiantys proudly announces the acquisition of GLiNTECH, an Atlassian Platinum Partner inAustralia. GLiNTECH offers value-added services that complement Valiantys' service offerings, including Cloud migrations, Agile and ITSM transformation services, managed ...
Exciting acquisition announcement: HH Global to acquire Displayplan to enhance customer experience for global brands
HH Global to announce the signing of an agreement to fully acquire Displayplan Ltd LONDON, Feb. 13, 2024 /PRNewswire/ -- HH Global and Displayplan As the world's most impactful partner to organizations seeking stronger more sustainable growth, HH Global is a leader in tech-enabled creative pro...
Ajinomoto Co. Launches Silicon Valley CVC HQ to Grow U.S. Investments, Adds New Portfolios
TOKYO, Feb. 13, 2024 /PRNewswire/ -- Ajinomoto Co., Inc. ("Ajinomoto Co."), the Japan-based multinational corporation covering food, healthcare and electronic materials, and built on "AminoScience," (*) has expanded its corporate venture capital (CVC) arm with new U.S. headquarters to grow its in...
Pepe Jeans Partners with Algonomy for Next-Level Analytics and Optimization
BENGALURU, India, Feb. 13, 2024 /PRNewswire/ -- Pepe Jeans, the iconic fashion and denim brand rooted in the vibrant culture of Portobello since 1973, proudly announces its strategic collaboration with Algonomy. In an exciting venture, Pepe Jeans India has chosen Algonomy's Merchandise Analytics ...
BioVaxys Acquires All Intellectual Property, Immunotherapeutics Platform Technology, and Clinical Stage Assets of the Former IMV Inc.
VANCOUVER, BC, Feb. 13, 2024 /PRNewswire/ -- BioVaxys Technology Corp. (CSE: BIOV) (FRA: 5LB) (OTCQB: BVAXF) ("BioVaxys" or "Company") announced that it has executed the definitive Asset Purchase Agreement datedFebruary 11th, 2024 to acquire the entire portfolio of discovery, preclinical and cli...
Bugcrowd Secures $102 Million in Strategic Growth Funding to Scale AI-Powered Crowdsourced Security Platform
Led by General Catalyst, Latest Financing Unites The Collective Ingenuity of Customers and Hackers to Stand Against Cyber Threats SAN FRANCISCO, Feb. 12, 2024 /PRNewswire/ -- Bugcrowd has secured $102 million in strategic growth financing to scale its AI-powered crowdsourced security platfo...
Denali Capital Acquisition Corp. Announces Extension of Deadline to Complete Business Combination
NEW YORK, Feb. 9, 2024 /PRNewswire/ -- Denali Capital Acquisition Corp. (NASDAQ: DECA) (the "Company") announced today that an aggregate of$50,000 has been deposited into the Company's trust account to further extend the period of time the Company has to consummate its business combination by an ...
YS Biopharma Announces US$40 Million Private Placement Financing
GAITHERSBURG, Md., Feb. 9, 2024 /PRNewswire/ -- YS Biopharma Co., Ltd. (NASDAQ: YS) ("YS Biopharma") along with its subsidiaries ("YS Group" or the "Company"), a global biopharmaceutical company dedicated to discovering, developing, manufacturing, and delivering new generations of vaccines and th...
Avaada Energy Secures over 1400 MWp in Solar Project Wins across India
MUMBAI, India, Feb. 9, 2024 /PRNewswire/ -- Avaada Energy, a key entity in the Avaada Group's renewable energy division, is pleased to announce its successful acquisition of approximately 1400 MWp in solar energy projects through recent tenders by central and state government agencies inIndia. M...
Digital Wallet Corporation acquires International Money Transfer Service, Company of Seven-Eleven Group Japan
Becomes Japan's No.1 Remittance Service with over 77,000 ATMs nationwide TOKYO, Feb. 9, 2024 /PRNewswire/ -- Global IT and fintech company, Digital Wallet Corporation (DWC), has reached an agreement with Seven Bank, Ltd (Seven Bank), a Japanese bank run by Seven & i Holdings Co Ltd, operating Sev...
Tāwhaki National Aerospace Centre provides mission-critical boost for aerospace sector
CHRISTCHURCH, New Zealand, Feb. 9, 2024 /PRNewswire/ -- Aotearoa has reinforced
its place in the global aerospace industry with the opening of theTāwhaki
Cathay Biotech and 3P.COM Signed Joint Venture Agreement to Propel Sustainable Composite Innovations
China's Cathay Biotech Inc. and South Korea's 3P.COM Co. Limited signed an agreement to establish a joint venture, targeting the development of bio-based polyamide thermoplastic composites. SHANGHAI, Feb. 8, 2024 /PRNewswire/ -- Cathay Biotech Inc. ("Cathay") and 3P.COM Co. Limited ("3P.COM") s...
DRA Advisors completes value-add fund campaign above target at $2.28 billion
NEW YORK, Feb. 8, 2024 /PRNewswire/ -- New York based DRA Advisors has raised $2.28 billion in its latest flagship fund series, DRA Growth & Income Fund XI ("DRA XI") exceeding its original target. DRA XI held a first close inNovember 2022 and final closing in October 2023. DRA XI is the largest ...
Ascendent Wins Overwhelming Shareholder Support to Acquire Hollysys for US$26.50 Per Share
* Approximately 86.94% of the shareholders who voted at the shareholders meeting approved Ascendent's acquisition proposal; Approximately 76.95% of shareholders voted, underlining the competitive value that has been offered to them. * Ascendent is committed to securing regulatory approvals an...
Partners Capital Investment Group Announces Minority Investment from General Atlantic
LONDON and NEW YORK, Feb. 8, 2024 /PRNewswire/ -- Partners Capital Investment Group ("Partners Capital"), a global Outsourced Investment Office, today announced a minority investment fromGeneral Atlantic, a leading global investor. Investment funds managed by General Atlantic are establishing thi...
Hollysys Announces Shareholder Approval of Merger Agreement with Ascendent
BEIJING, Feb. 8, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that, at an extraordinary general meeting of shareholders ("EGM") held today, the Company's shareholders voted in favor of, among other things, the proposal to ...
EV Startup, River, raises $40 Million in an oversubscribed Series B round; deal led by Yamaha Motor Co., Ltd.
BENGALURU, India, Feb. 8, 2024 /PRNewswire/ -- River, a Bengaluru-based startup building multi-utility electric scooters, has announced a$40 million (335 INR Crores) Series B led by Yamaha Motor Co., Ltd. The round also saw participation from existing investors Al-Futtaim Group, Lowercarbon Capit...
XTransfer and Deutsche Bank Collaborate on Groundbreaking Onshore Thai Baht Trade in Thailand
HONG KONG, Feb. 8, 2024 /PRNewswire/ -- XTransfer, World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform,is thrilled to announce a major milestone in its partnership withDeutsche Bank. In a groundbreaking move, Deutsche Bank has successfully executed XTransfer's first onshore Tha...
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