Investment & Financing
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...
Infosys and NVIDIA Collaborate to Help World's Enterprises Boost Productivity with Generative AI
* Expanded collaboration to provide expertise and technology needed to drive productivity gains with generative AI applications and solutions across industries * New Centre of Excellence will train 50,000 Infosys employees on NVIDIA AI technology BENGALURU, India and SANTA CLARA, Calif., Sept...
Körber celebrates partnership milestone with Geek+
HAMBURG, Germany, Sept. 20, 2023 /PRNewswire/ -- Global strategic partnership
empowers businesses to overcome efficiency, scalability and sustainability
challenges across supply chain
Körber
Collabera Digital acquires Digiterre to provide 'red thread' of quality from technology problem-solving to scaled delivery and beyond.
UK-based software and data engineering consultancy Digiterre's acquisition by
Collabera Digital, provides a multilocational software delivery footprint
together with client-facing offices inEurope and Asia Pacific for Digiterre.
LONDON, Sept. 20, 2023 /PRNewswire/ -- Collabera Digital
Shanghai Electric Subsidiary, Shanghai Electric Energy Storage Technology, Receives RMB400 Million in Series A Financing, Accelerating Development of Its Energy Storage Business
SHANGHAI, Sept. 20, 2023 /PRNewswire/ -- Shanghai Electric Energy Storage Technology, the energy storage subsidiary of Shanghai Electric (SEHK:2727, SSE:601727), recently receivedRMB400 million in Series A financing that will be used to inject added vitality into the development of its energy sto...
OCHE OWNER, THE SOCIAL GAMING GROUP, SIGNS FRANCHISE PARTNERSHIP FOR UAE EXPANSION
OSLO, Norway, Sept. 20, 2023 /PRNewswire/ -- Norwegian-based technology business, The Social Gaming Group, has agreed a new franchise partnership with UAE-based hospitality expert RMAL Hospitality, as part of its continued international expansion plans for gastro-gaming entertainment concept, Och...
Cheche Group Inc. and Prime Impact Complete Business Combination
* Cheche's Class A ordinary shares and warrants to begin trading on the Nasdaq onSeptember 18, 2023, under ticker symbols "CCG" and "CCGWW," respectively. * Common stock financings and trust account balance expected to generate approximately $22.1 million in proceeds for Cheche BEIJING and SA...
Canton Biologics Completes Over 300 Million Yuan Series C Financing, Led by SDIC Venture Capital
GUANGZHOU, China, Sept. 18, 2023 /PRNewswire/ -- On September 13th, Canton Biologics Co., Ltd. announced that it had recently completed a Series C financing round exceeding300 million yuan. This round of financing was led by SDIC Venture Capital, with participation from Guangdong Technology Finan...
Embracing Hong Kong Together: CCYik Bringing New Hope to 258 Families
HONG KONG, Sept. 16, 2023 /PRNewswire/ -- CCYik, a leading investment company originated from UK, is proud to announce that it has contributed over HKD$1,000,000 in the year 2023. The collected fund underscoring the company's unwavering commitment to making a difference in the lives of those in n...
Aramco to enter South American retail market with Esmax acquisition
* Deal unlocks new market opportunities and advances Aramco's global Downstream expansion DHAHRAN, Saudi Arabia, Sept. 16, 2023 /PRNewswire/ -- Aramco, one of the world's leading integrated energy and chemicals companies, has agreed to purchase a 100% equity stake in Esmax Distribusción SpA ("E...
MultiMetaVerse Holdings Limited (Nasdaq: MMV) Enters Into Agreement To Acquire Taomee
NEW YORK and SHANGHAI, Sept. 15, 2023 /PRNewswire/ -- MultiMetaVerse Holdings Limited ("MMV"), an animation and entertainment company catering toChina's youth market, announced today that it has, through its subsidiary inChina, entered into an agreement (the "Agreement") to acquire 100% equity in...
Pixis, a Leading Codeless AI Infrastructure Company for Marketing, Secures Funding of $85 million in Series C1 Funding
SAN FRANCISCO, Sept. 15, 2023 /PRNewswire/ -- Pixis
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