Investment & Financing
Aramco to enter global LNG business by acquiring stake in MidOcean Energy
- Aramco agrees to acquire a strategic minority stake in MidOcean Energy for $500m, with option to increase size of shareholding - Strategic partnership enables Aramco to tap into international LNG opportunities DHAHRAN, Saudi Arabia, Sept. 28, 2023 /PRNewswire/ -- Aramco, one of the world's l...
Ace Global Business Acquisition Limited Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination
NEW YORK, Sept. 28, 2023 /PRNewswire/ -- Ace Global Business Acquisition Limited (NASDAQ: ACBA) (the "Company"), a special purpose acquisition company, announced today that Ace Global Investment Limited, the Company's initial public offering sponsor (the "Sponsor"), has deposited into the Company...
Hydrexia Completes New Round of Private Equity Financing
SHANGHAI, Sept. 28, 2023 /PRNewswire/ -- Hydrexia Holding Limited ("Hydrexia"), a leading integrated hydrogen technology solution provider inChina, announced today that it has completed its Series D of private equity financing. This series is led by Qingdao Ocean Investment Group ("QOIG") and jo...
Maison Perrier-Jouët and Mélanie Laurent united for a desirable future
The French actor is the star of the House's joyful ode to nature PARIS, Sept. 28, 2023 /PRNewswire/ -- Maison Perriet-Jouët is delighted to announce its partnership with the actor and director Mélanie Laurent, who is well known for her long-standing commitment to environmental causes. Sharing th...
ENN Natural Gas Co., Ltd. Announces Entry into Equity Transfer Agreement
LANGFANG, China, Sept. 27, 2023 /PRNewswire/ -- ENN Natural Gas Co., Ltd. ("ENN Natural Gas" or the "company", stock code 600803.SH) has entered into an equity transfer agreement with Guangdong Kaihong Technology Co., Ltd. ("Kaihong Technology"), a subsidiary of Inner Mongolia Hongdong Energy Gro...
Qiming Venture Partners' portfolio company Tuhu Car Successfully Listed on the Hong Kong Stock Exchange
SHANGHAI, Sept. 27, 2023 /PRNewswire/ -- Qiming Venture Partners' portfolio company Tuhu Car,China's leading one-stop car service platform, successfully listed on the Hong Kong Stock Exchange. The issue price of Tuhu Car (SEHK:9690) wasHK$28 per share, representing a market capitalization of abou...
China Jo-Jo Drugstores Announces $2.59 Million Registered Direct Offering
HANGZHOU, China, Sept. 26, 2023 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (Nasdaq: CJJD) ("Jo-Jo Drugstores" or the "Company"), a leading online and offline retailer, wholesale distributor of pharmaceutical and other healthcare products and healthcare provider inChina, today announced that it ...
Infosys collaborates with Microsoft to accelerate and democratize industry-wide adoption of generative AI
Both companies will help enterprises take an AI-first approach to scale
next-generation AI solutions to improve operational efficiencies, drive revenue
growth, and enable business transformation
BENGALURU, India, Sept. 26, 2023 /PRNewswire/ -- Infosys
Funding Societies raises US$27 million in debt funding from institutional investors to bridge credit gap for SMEs in Southeast Asia
First such debt transaction from all institutional investors with a SME FinTech lender in SEA SINGAPORE, Sept. 26, 2023 /PRNewswire/ -- Funding Societies | Modalku, the largest unified SME (small and medium enterprises) digital finance platform in Southeast Asia, announced it has successfully rai...
Chime Biologics Enters into a Strategic Cooperation Agreement with Korea Kings Pharm to Accelerate the Biosimilar Launch
* Chime Biologics has entered into a strategic collaboration with Kings Pharm for a biosimilar asset, providing cell line development, process development, global GMP manufacturing, commercialization and regulatory filing support. Chime will also supply the commercial production once the produc...
Goodnotes invests USD1.9 million (KRW2.5 billion) in South Korea's largest digital stationery platform, WeBudding, cementing a strategic partnership that gives Goodnotes users a more robust digital stationery selection
* This is Goodnotes' first investment in a start-up and marks the two companies' joint effort to create a global digital paper ecosystem * As a result of Goodnotes' strategic investment, WeBudding secured a follow-up investment from Strong Ventures, aCalifornia-based venture capitalist firm. ...
EQT PRIVATE EQUITY TO SELL LIMACORPORATE TO ENOVIS: THE ITALIAN SITE IN SAN DANIELE DEL FRIULI WILL REMAIN THE FULCRUM OF PRODUCTION, BENEFITING FROM NEW INVESTMENTS
UDINE, Italy, Sept. 25, 2023 /PRNewswire/ -- EQT Private Equity announces the sale of LimaCorporate to Enovis. With this transaction, LimaCorporate will become part of the NYSE-listed Enovis group in a strategic combination that creates a global leader in the orthopaedic industry. Founded in 194...
Pierre Fabre Laboratories and Vernalis announce a drug discovery collaboration in oncology
CASTRES, France and CAMBRIDGE, England, Sept. 25, 2023 /PRNewswire/ -- Pierre Fabre Laboratories and Vernalis (R&D) Ltd ("Vernalis"), a fully owned subsidiary of HitGen Inc., are pleased to announce a long-term partnership to identify pre-clinical candidates against multiple oncology targets. ...
Anna Xu at SuperReturn 2023: HIKE Capital Invests in Visionary Founders to Pioneer Future Innovation
SINGAPORE, Sept. 25, 2023 /PRNewswire/ -- Challenges in the global
macroeconomic and political climate have not deterred HIKE Capital, a leading
founders' fund inChina, from continuing to invest in innovative Chinese
companies with the potential to shape the future.
Adidas and Geek+ Inaugurate a New State-of-the-Art Automated Distribution Center
SUZHOU, China, Sept. 21, 2023 /PRNewswire/ -- Geek+, the global leader in mobile robots for logistics, and Adidas, the leading global sportswear brand, join forces to proudly announce the grand opening of their state-of-the-art automated distribution center in Suzhou,China, marking a remarkable a...
Gravitas Education Holdings Inc. Announces Special Cash Dividend in the Range of US$11.256 to US$12.17 per American Depositary Share and Reports Status of Merger
BEIJING, Sept. 21, 2023 /PRNewswire/ -- Gravitas Education Holdings Inc. (the "Company") (NYSE: GEHI), a leading early childhood education service provider in China, today announced that the Company's board of directors (the "Board") approved a special cash dividend in an amount ranging fromUS$11....
India-focused private equity and VC funds raised $8.5bn in 2022, the highest ever annual fundraising value - Preqin reports
Defensive sectors in India divert investment attention away from traditionally
popular sectors like IT
SINGAPORE, Sept. 21, 2023 /PRNewswire/ -- Preqin
Terra Drone Expands into Agriculture Sector; Business Acquisition from Avirtech
* Japan's Terra Drone Corporation announced "Terra Agri
Lynk Pharmaceuticals Completes Series C2 Financing Round, with Total C Round Funding of 322 Million RMB
HANGZHOU, China, Sept. 21, 2023 /PRNewswire/ -- Lynk Pharmaceuticals Co., Ltd. (hereinafter referred to as 'Lynk Pharmaceuticals'), an innovative clinical stage company, today announced the successful completion of Series C2 financing. This round of financing was jointly participated by the Shaox...
China Information Technology Development Limited (CITD) Strengthens Technological Capabilities through HKD$100million Strategic Acquisition
HONG KONG, Sept. 21, 2023 /PRNewswire/ -- China Information Technology Development Limited (CITD) (HKEX: 8178), a pioneering technology company at the forefront of AI and cloud technologies, proudly announces a momentous stride in its growth journey through the proposed very substantial acquisit...
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