Investment & Financing
AstraZenca, G42 Healthcare enter strategic partnership to manufacture pharmaceutical products in Abu Dhabi
ABU DHABI, UAE, Dec. 20, 2022 /PRNewswire/ -- Building on the ongoing efforts of the Department of Health –Abu Dhabi (DoH) in spearheading Abu Dhabi's healthcare ecosystem, AstraZeneca, a science-led biopharmaceutical and one of the top 10 biopharma companies globally, and G42 Healthcare, an AI-p...
iClick Interactive Asia Group Limited Announces Receipt of a Preliminary Non-Binding Proposal to Acquire the Company
HONG KONG, Dec. 20, 2022 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK), a leading enterprise and marketing cloud platform inChina that empowers worldwide brands with full-stack consumer lifecycle solutions, announced today that its board of direc...
Altair Leads Seed Funding for Xscape Photonics with $10 Million Investment
TROY, Mich., Dec. 20, 2022 /PRNewswire/ -- Altair (Nasdaq: ALTR) a global leader in computational science and artificial intelligence (AI), has invested $10 million in Xscape Photonics, a start-up that developed patented technology for photonic chips for ultrahigh-bandwidth connections inside data...
Magna to acquire Veoneer's Active Safety Business
STOCKHOLM and NEW YORK, Dec. 20, 2022 /PRNewswire/ -- The automotive technology company Veoneer announced that it has entered into an agreement with Magna International Inc., a mobility technology company and one of the largest suppliers in the auto industry. Under the agreement Magna will acquir...
Electrolux: Divestment of Memphis factory postponed
STOCKHOLM, Dec. 20, 2022 /PRNewswire/ -- The divestment of the Electrolux manufacturing facility inMemphis, Tennessee, USA, will not be completed as expected since the buyer requested to move closing of the transaction to the first half-year 2023. As communicated on October 12, 2022, Electrolux ...
Vinco Ventures Completes Acquisition of TikTok Rival Lomotif
Vinco Ventures completes the purchase of all ZVV media equity of all ZVV Media Partners. ZVV is the joint venture between Vinco Ventures and Zash Global Media. ROCHESTER, N.Y., Dec. 19, 2022 /PRNewswire/ -- Vinco Ventures announces the purchase of all ZVV equity interest of ZVV Media Partners, ...
Carrick Therapeutics and The Menarini Group Announce Clinical Trial Collaboration to Evaluate Samuraciclib and Elacestrant Combination
Carrick to execute Phase 2 clinical trial in patients with CDK4/6i resistant HR+, HER2- metastatic breast cancer DUBLIN and FLORENCE, Italy, Dec. 19, 2022 /PRNewswire/ -- Carrick Therapeutics, an oncology-focused biopharmaceutical company discovering and developing highly differentiated therapie...
Vietnam Venture Summit 2022 a Roaring Success with Venture Capital Community Pledging Over US$1.5 Billion Investment in Vietnam
The investment provides 360° support across capital, talent and business development to accelerateVietnam's startup ecosystem at critical inflection point HANOI, Vietnam, Dec. 19, 2022 /PRNewswire/ -- Vietnam Venture Summit 2022, hosted byVietnam's Ministry of Planning and Investment and co-orga...
Born2Global Centre's Global Tech Joint Venture Support Programs Bear Fruit
* Tangible outcomes produced from matching Korean deep-tech startups with overseas partners * Centre's win-win partnership models prove effective and sustainable SEOUL, South Korea, Dec. 19, 2022 /PRNewswire/ -- Deep-tech startups are finding new ways to spur growth through binational partner...
Royal Caribbean Group Forms a Strategic Partnership with iCON Infrastructure to Launch New Chapter of Destination Development
MIAMI, Dec. 19, 2022 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) announced today that it has entered into a new partnership with iCON Infrastructure Partners VI, L.P. ("iCON VI")1, a fund advised by iCON Infrastructure LLP ("iCON Infrastructure" or "iCON") to develop strategic cruise port ...
Icona Capital acquires 40% stake in Stoneweg
Strategic partnership formalises long term collaboration between the two companies Combined assets under management of €8 billion GENEVA and LONDON, Dec. 19, 2022 /PRNewswire/ -- Global real estate investment company, Stoneweg S.A. ('Stoneweg'), andLondon based Icona Capital ('Icona') are pleas...
iM Global Partner announces strategic investment in Berkshire Asset Management
PARIS, Dec. 19, 2022 /PRNewswire/ -- iM Global Partner, a leading global asset
management network,today announced
iM Global Partner announces strategic investment in Berkshire Asset Management
PARIS, Dec. 19, 2022 /PRNewswire/ -- iM Global Partner, a leading global asset
management network,today announced
Writepath Has Raised A New Round Of Investment From Elite Investor!
TAIPEI, Dec. 19, 2022 /PRNewswire/ -- WritePath is proud to announce a new round of investment from prestigious investor. The funding was led by Mr.Alex Lee, CEO of Quantum International Corp., and followed by several angel investors, including Mr.Mark Chang, one of the most successful entreprene...
ASK Chemicals refinances senior credit facilities
The new financing provides for a €225 million senior secured term loan alongside a €40 million multi-currency senior revolving credit facility. HILDEN, Germany, Dec. 17, 2022 /PRNewswire/ -- ASK Chemicals, a leading global supplier of high-performance industrial resins and materials, today annou...
Prenetics Acquires ACT Genomics, Creating a Leader in Comprehensive Cancer Genetics and Precision Oncology
* Acquisition to bring germline and somatic testing, cell-free DNA-based (liquid biopsy), and tissue-genomic profiling onto a single platform * Cancer genomics testing is now standard practice for cancer care and has shown to be highly successful such as Foundation One (acquired by Roche), Gra...
Lanvin Group Debuts on NYSE under Ticker "LANV"
NEW YORK, Dec. 16, 2022 /PRNewswire/ -- Lanvin Group (the "Group"), a global luxury fashion group, and Primavera Capital Acquisition Corporation (NYSE: PV) ("PCAC"), today announced the completion of their business combination and the listing of the shares and warrants of Lanvin Group Holdings L...
Establishment of Thailand's NV Gotion as Gotion plans to build battery export base in ASEAN countries
HEFEI, China, Dec. 15, 2022 /PRNewswire/ -- On December 15, Gotion High-tech signed a cooperation agreement with Nuovo Plus ofThailand-based PTT Group, to set up a joint venture calledThailand's NV Gotion Co., LTD (To be determined, NV Gotion for short). The joint venture focuses on the design, d...
OPEC Fund approves over US$500 million in new global development support
VIENNA, Dec. 15, 2022 /PRNewswire/ -- Setting a new record, the OPEC Fund for International Development has approved more thanUS$500 million in new financing at the most recent meeting of its Governing Board and in the final quarter of 2022. The 15 new projects approved reflect the OPEC Fund's l...
Top marks for winning proposal by UNStudio, b720 & Esteyco for Madrid-Chamartín
AMSTERDAM, Dec. 15, 2022 /PRNewswire/ -- Adif AV this week announced that the design proposal submitted by UNStudio, with b720 Arquitectura and engineering firm Esteyco, has been named as the winning proposal in the competition for the integral remodelling of Madrid-ChamartínClara Campoamor. ...
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