Investment & Financing
Valinor Pharma Announces Acquisition by Grünenthal with a Total Deal Value of Approximately $250 Million
* Grünenthal acquires Valinor Pharma in an all-stock deal and becomes the owner of the global rights to Movantik® (naloxegol) * Valinor Pharma had owned Movantik since early 2023 and leveraged Apollo Care's commercial platform to grow Movantik volume in the U.S. while reducing gross-to-net a...
Clarivate Acquires Rowan TELS to Enhance Support for Patent Practitioners
Delivering integrated, AI-enabled solutions specifically designed for patent preparation and prosecution LONDON, July 22, 2024 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, today announced it has acquired Rowan TELS Corp. through a subsidia...
Hong Kong Seeing Dog Service（HKSEDS）6th Charity Golf Tournament 2024
" Lighting up life with youngsters and elderlies" 2024 HONG KONG, July 22, 2024 /PRNewswire/ -- 10 July 2024（Wed）Hong Kong Seeing Dog Service（HKSEDS）hosted 6th Charity Golf Tournament 2024 at the Hong Kong Golf Club (Fanling) goes smoothly. The purpose of this charity event is to raise funds for...
Duke-NUS launches LIVE Ventures, a S$20 million incubator to accelerate research commercialisation
* New incubator aims to tap industry experts to bridge the knowledge and funding gap to enhance bench-to-bedside success * LIVE Ventures provides up to $500,000 for high-potential academic research projects SINGAPORE, July 22, 2024 /PRNewswire/ -- Duke-NUS Medical School today launched LIVE V...
ZK International Group Co., Ltd. Announces $2 Million Investment in NASDAQ Listed Company Recruiter.com Group, Inc.
WENZHOU, China, July 19, 2024 /PRNewswire/ -- ZK International Group
Euroclear expands funds business into Spain by acquiring a strategic stake in Inversis
* Euroclear acquires a strategic stake in Inversis with a committed plan to full ownership by end 2027 * The acquisition aligns with Euroclear's long-term growth objectives and strengthens Euroclear's presence inSpain * The combination accelerates the growth of Euroclear's end-to-end funds ...
Rona Therapeutics Raises $35 Million Series A+ Financing to Advance Innovative Metabolic siRNA Pipeline in Clinic and Next Generation RNA Platforms
* Financing led by LongRiver Investments with participation by new and existing global investment funds * Rona will use proceeds to progress leading metabolic siRNA pipeline programs into global development and expand extra-hepatic delivery platform in CNS and beyond SHANGHAI, July 19, 2024 /...
Aereo, India's leading commercial drone solutions startup, secures $15 million in Series B funding round
In an investment round led by 360 ONE Asset, Aereo closed its Series B funding, announcing plans for global expansion BENGALURU, India, July 19, 2024 /PRNewswire/ -- Aereo, India's leading drone-based business intelligence provider, has successfully closed a$15 million Series B funding round led...
Hollysys Announces Expected Completion Date of Merger Transaction with Ascendent Capital Partners
BEIJING, July 18, 2024 /PRNewswire/ -- Hollysys Automation Technologies Ltd. (NASDAQ: HOLI) ("Hollysys" or the "Company") today announced that it expects to complete its merger transaction with a buyer controlled by Ascendent Capital Partners as soon asJuly 25, 2024. The parties have successfull...
Haier Smart Home Intends to Acquire Electrolux South Africa's Water Heater Business
QINGDAO, China, July 18, 2024 /PRNewswire/ -- On 18th July 2024, Haier Smart Home entered into the transaction with Electrolux Group inSweden to acquire 100% equity interest in Electrolux South Africa Proprietary Limited ("ESA"), its subsidiary engaging in water heater business inSouth Africa, fo...
Electrolux Group divests South African water heater business
STOCKHOLM, July 18, 2024 /PRNewswire/ -- Electrolux Group has signed an agreement to divest its water heater business inSouth Africa under the Kwikot brand for an enterprise value ofZAR 2.4bn (approx. SEK 1.4bn) to Haier Smart Home. The divestment includes the Kwikot brand and the production fac...
GardaWorld Enters into Binding Agreement to Acquire OnSolve Creating the Industry's Most Advanced and Comprehensive Risk Management Offering with Crisis24
* Augments Crisis24's existing proprietary suite of SaaS-based risk management solutions, adding deep mass communication capabilities * Enhances risk management innovation capabilities, with product development and software engineering talent * Customers to benefit from a more integrated cri...
Authentix® Completes Asset Purchase Agreement for Acquisition of Nanotech Security Corp. Assets
ADDISON, Texas, July 17, 2024 /PRNewswire/ -- Authentix, the authority in authentication and information services, announced that it has completed an Asset Purchase Agreement with Nanotech Security Corp. (NSC), a wholly owned subsidiary of Meta Materials Inc., acquiring certain assets of its aut...
Execo Boosts Gen AI-Embedded Legal Offerings Through Acquisition of Cacti Legal
Execo expands its delivery capabilities by acquiring Alternative Legal Services Provider (ALSP) Cacti Legal. NEW YORK, July 17, 2024 /PRNewswire/ -- Execo, a next-generation alternative legal services provider, today deepened its commitment to the legal industry with the strategic acquisition of...
Amity Solutions and Parent Amity Corp Raise US$60 Million to Transform Legacy Software Products with Generative AI
BANGKOK, July 17, 2024 /PRNewswire/ -- Amity Solutions (ASOL), a leading software and AI business fromThailand, together with its parent company, Amity Corporation, today announced the completion of aUS$60 million Series C financing round. This funding will support the company's mission to transf...
JinkoSolar to Form a Joint Venture with RELC and VI in Saudi Arabia for Production of 10 GW of High-efficiency Solar Cells and Solar Modules
SHANGRAO, China, July 16, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that its indirectly majority-owned subsidiary, JinkoSolar Middle East DMCC ("Jin...
Antsomi Launches Antsomi CDP 365 on LINE OA in Thailand, Partnering with H+ Thailand for Local Support
BANGKOK, July 16, 2024 /PRNewswire/ -- Antsomi, a regional marketing technology company, is excited to announce the launch of Antsomi CDP 365 on LINE OA, its innovative solution designed for marketing on top of the LINE messaging platform via brands' LINE Official Account (OA) in the Thai market....
Telin and BW Digital to enhance DC-to-DC connectivity with new Indonesia - Singapore cable
SINGAPORE, July 15, 2024 /PRNewswire/ -- PT Telekomunikasi Indonesia International (TELIN) and BW Digital have announced a strategic partnership to develop and construct the Nongsa-Changi submarine cable system linking Batam and Singapore. The memorandum of understanding (MoU) for this joint ventu...
X Financial Announces Results of Tender Offer
SHENZHEN, China, July 15, 2024 /PRNewswire/ -- X Financial (NYSE: XYF) (the "Company" or "we"), a leading online personal finance company inChina, announced today the results of its previously announced tender offer (the "Tender Offer") to purchase up to 2 million American Depositary Shares (the ...
Quantum-Systems Inc. Awarded Two Contracts by Commonwealth of Australia for DEF129-SUAS, Totaling AUD $90 Million
* Vector/Scorpion 2-in-1 sUAS selected to provide Australian Army enhanced situational awareness and increased force protection * Queensland-based Quantum-Systems Australia responsible for in-country contract execution and fostering economic development withinAustralia MOORPARK, Calif., July ...
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