Investment & Financing
Ecobat Acquires Leading European Lithium-Ion Recycler
Acquisition expands Ecobat's position in Europe as the leader in recycling batteries of all chemistries Combined capabilities position Ecobat as the only service provider across Europe to offer the full suite of lithium-ion recycling services IRVING, Texas, July 26, 2021 /PRNewswire/ -- Ecobat, ...
Lucid Motors Debuts on Nasdaq Through Merger with Churchill Capital Corp IV
* Lucid Motors begins trading today as Lucid Group, Inc., under the new ticker symbol "LCID" after completing a merger with Churchill Capital Corp IV * The transaction brings in $4.4B, which the company plans to use to accelerate its growth and increase manufacturing capacity to capitalize on ...
CloudMile raised US$10 million to open up the AI and cloud market in Malaysia
SINGAPORE, July 26, 2021 /PRNewswire/ -- CloudMile, Asia's leading cloud and AI company, announced today that it has successfully raisedUS$10 million in Series B funding to open up the AI and cloud market inMalaysia. Since CloudMile's establishment in 2017, the company operates acrossAsia with it...
SI Group Signs Agreement To Sell Industrial Resins Business To ASK Chemicals
Agreement Includes Products, Technology, and Manufacturing Assets in Brazil, India & South Africa SCHENECTADY, N.Y., July 24, 2021 /PRNewswire/ -- SI Group, a leading performance additives company, announced today plans to complete an agreement to sell the majority of its global Industrial Resin...
Fusion NFT Blockchain Company Coinllectibles (OTC: COSG) Acquires More than HKD 10,000,000 of Collectibles from Dr. Herbert Lee
HONG KONG, July 23, 2021 /PRNewswire/ -- The Fusion NFT™️ blockchain company, Coinllectibles™️, a fully owned subsidiary of Cosmos Group Holdings Inc. (OTC: COSG), has announced its acquisition of collectibles from Dr.Herbert Lee at an aggregate value of more thanHKD 10 million, which will be min...
Norgine B.V. and US WorldMeds enter into exclusive licensing agreement to commercialise DFMO (eflornithine) in Europe, Commonwealth of Independent States, Australia and New Zealand
AMSTERDAM, Netherlands and LOUISVILLE, Ky., July 23, 2021 /PRNewswire/ -- NORGINE B.V. (Norgine) a leading European specialist pharmaceutical company and US WorldMeds (USWM), aKentucky-based specialty pharmaceutical company, today announced an exclusive licensing agreement by which Norgine will r...
Magna to acquire Veoneer, positioning Magna's ADAS business as a global leader in a fast-growing industry
- Veoneer's complementary products and capabilities strengthen and broaden Magna's ADAS portfolio and industry position - Transaction adds significant engineering and software expertise, including in sensor perception and drive policy software - Enhances Magna's ADAS systems capabilities and fe...
Stena RoRo has placed orders for the construction of new E-Flexer ships numbered 11 and 12
STOCKHOLM, July 22, 2021 /PRNewswire/ -- Stena RoRo has ordered two new ships from the Chinese shipyard CMI Jinling (Weihai). These are the 11th and 12th Stena E-Flexer vessels in the RoPax class developed byStena RoRo and delivery is slated for 2024 and 2025. At the same time, long-term charter ...
Intas Enters into an Exclusive License Agreement with Meiji and Dong-A ST to commercialize DMB-3115 (Proposed Biosimilar to Ustekinumab)
Intas Pharmaceuticals Ltd continues to pledge their commitment to increasing access to high quality medicines by entering into an exclusive license agreement AHMEDABAD, India, July 22, 2021 /PRNewswire/ -- Intas Pharmaceuticals Ltd continues to pledge their commitment to increasing access to high...
Menarini Asia-Pacific strengthens Men's Health portfolio in China with acquisition of Cialis(R) (Tadalafil) from Lilly
* Acquisition of Cialis® in the People's Republic of China to bolster Menarini's Men's Health portfolio and drive multichannel coverage * This is a significant milestone for Menarini Asia operations as it commemorates its 10th anniversary of being established in 13 major healthcare markets in...
AIZEN acquires e-commerce data aggregation platform to reinforce AI CreditConnect platform
SEOUL, South Korea, July 22, 2021 /PRNewswire/ -- AIZEN, an AI-focused fintech company based inSingapore, today has announced that it has signed a definitive agreement to acquire an e-commerce merchant cash management platform in Korea as part of its vertical date economy integration strategy. T...
Sonata Software announces a new identity and strategy for its acquisition in Australia, Scalable Data Systems
Two Voices, One Song Book BRISBANE, Australia, July 22, 2021 /PRNewswire/ -- In 2018, Sonata Software acquired Scalable Data Systems, an Australian company known for its commodity trade and agri-manufacturing solutions. Today, the company announced the new brand identity of the acquisition: Sona...
insightsoftware Acquires CALUMO
Deal accelerates insightsoftware's strategic focus and leadership in budgeting and planning solutions for mid-market companies while significantly expanding its business inAustralia SYDNEY and RALEIGH, N.C., July 22, 2021 /PRNewswire/ -- insightsoftware, a global provider of financial reporting...
TradeUP Acquisition Corp. Announces Closing of Initial Public Offering and Partial Exercise of Underwriter's Over-Allotment Option
NEW YORK, July 21, 2021 /PRNewswire/ -- TradeUp Acquisition Corp. (NASDAQ: UPTDU, the "Company") today announced the closing of its initial public offering of 4,430,000 units at a price of$10.00 per unit, which includes 430,000 units issued pursuant to the exercise of the underwriter's over-allo...
LDA Capital and existing creditors back Premiere Horizon's growth strategy through a PHP 2.8 billion funding commitment and debt reduction
PASIG CITY, Philippines, July 22, 2021 /PRNewswire/ -- Premiere Horizon Alliance Corporation (PHA), listed on the Philippine Stock Exchange (PHA:PM), is pleased to announce it has entered into a Put Option Agreement (POA) with LDA Capital (LDA) for up toPHP 2,800,000,000 in committed equity over ...
ArcScan, Inc. Signs Definitive Agreement for $11.15 Million Preferred Series B Investment with Shanghai Haohai Biological Technology Ltd.
GOLDEN, Colo., July 21, 2021 /PRNewswire/ -- ArcScan, Inc., the developer of state-of-the-art ophthalmic ultrasound imaging device "ArcScan Insight® 100, " headquartered inGolden, Colorado, announces the execution of a Stock Purchase Agreement with Shanghai Haohai Biological Technology Ltd. ("Hao...
Insurtech Leader Ethos Raises $100 Million from SoftBank Vision Fund 2
SAN FRANCISCO, July 21, 2021 /PRNewswire/ -- Just two short months after announcing a$200 million Series D round that took its valuation to $2 billion, Ethos, the insurtech leader that's transforming the life insurance space, has raised an additional$100 million in capital. The new investment fro...
Thunes acquires Limonetik to accelerate rollout of global payment collections
SINGAPORE and PARIS, July 21, 2021 /PRNewswire/ -- Cross-border payments leader
Thunes
TCC Completes Italy-based NHOA Acquisition and Enters Global Energy Storage and Charging Infrastructure Market with Stellantis
TAIPEI, July 21, 2021 /PRNewswire/ -- Taiwan Cement Corp. (TCC Group) announced its subsidiary, Taiwan Cement Europe Holdings BV (TCEH), has finalized the acquisition of 60.48% share ofItaly-based energy storage company ENGIE EPS SA on July 20, 2021 at a price of EUR17.10 per share and a total inv...
Thunes acquires Limonetik to accelerate rollout of global payment collections
SINGAPORE and PARIS, July 21, 2021 /PRNewswire/ -- Cross-border payments leader
Thunes
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