Investment & Financing
Collectius boosts Thailand loan portfolio to US$581 million in new acquisition
* Collectius acquires US$42 million in unsecured non-performing loans from consumer finance firm in Thailand * With this acquisition, Collectius has secured US$581 million of non-performing loans in the country * Rising interest rates have contributed to an increase in non-performing loan...
3B Scientific acquires Wallcur
HAMBURG, Germany, Oct. 3, 2023 /PRNewswire/ -- 3B Scientific, a leading manufacturer and marketer of medical simulation products and anatomical models for healthcare education, announces today its acquisition of Wallcur LLC, a prominent provider of healthcare simulation products. This acquisition...
Global Education Holdings Acquires MLA College
LONDON, Oct. 3, 2023 /PRNewswire/ -- Global Education Holdings (GEDU), the higher education provider in the UK, announced the successful acquisition of the MLA College (MLA) in the UK. MLA College is a global, award-winning Higher Education provider specialising in the delivery of UK distance lea...
Flat Medical Secures Series C Funding Led by Taiwania Capital, Poised for Global Market Expansion
TAIPEI, Oct. 2, 2023 /PRNewswire/ -- Flat Medical, the leading medtech company specializing in innovative safety solutions for anesthesia, pain medicine, critical care and emergency medicine, is thrilled to announce the successful closing of its Series C funding round. The round was led by renown...
MedAlliance Acquired by Cordis for up to USD 1.135 Billion
GENEVA, Switzerland, Oct. 2, 2023 /PRNewswire/ -- Swiss-based medical technology company MedAlliance has been acquired by Cordis for a 2022 investment of$35M and a 2023 upfront closing payment of $200M, together with regulatory achievement milestones of up to$125M and commercial milestones of up ...
Altair Enhances Leadership in Optimization Technology by Acquiring OmniQuest
TROY, Mich., Oct. 2, 2023 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), acquired OmniQuest, aNovi, Mich.-based optimization software company. OmniQuest's flagship product, Genesis, is an advanced structural analysis and optimizat...
Safra New York Corporation Completes The Acquisition Of Delta North Bankcorp.
NEW YORK, Oct. 2, 2023 /PRNewswire/ -- Safra New York Corporation, the holding company ofSafra National Bank of New York ("The Bank"), is pleased to announce the successful completion of its acquisition of Delta North Bankcorp, including its subsidiaryDelta National Bank and Trust Company. This ...
Bain Capital Leads Masan Group's Equity Funding Round of Up to US$500 Million
HO CHI MINH CITY, Vietnam, Oct. 2, 2023 /PRNewswire/ -- Masan Group Corporation
NEON Group Forms Joint Venture with Itochu Property Development and Sankei Building for Strategic Expansion in Japan
SINGAPORE, Oct. 2, 2023 /PRNewswire/ -- NEON Group Limited ("NEON", the "Company"/collectively with its subsidiaries, the "Group"), a global leader in creating and producing immersive experiences, enters into a joint venture with Itochu Property Development, Ltd. and Sankei Building Co., Ltd.,...
SS&C Completes Acquisition of Iress' Managed Funds Administration Business
WINDSOR, Conn., Oct. 2, 2023 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced it has completed its acquisition of the managed funds administration (MFA) business from Iress Limited. Around 150 team members have joined SS&C Global Investor & Distribution Solutions, ...
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...
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