Investment & Financing
51job, Inc. Enters into an Amended Merger Agreement for Going-Private Transaction
SHANGHAI, March 1, 2022 /PRNewswire/ -- 51job, Inc. (Nasdaq: JOBS) ("51job" or the "Company"), a leading provider of integrated human resource services inChina , announced today that it has entered into an amendment to its previously announced Agreement and Plan of Merger dated as ofJune 21, 2021 ...
ESR's acquisition of ARA named "Deal of the Year: Asia" in 2021 PERE Global Awards
HONG KONG, March 1, 2022 /PRNewswire/ -- ESR Cayman Limited ("ESR" or the "Company", together with its subsidiaries as the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager powered by the New Economy, is pleased to announce that the Group's acquisition of ARA Asset Management (...
BINANCE AND CUSCAPI BERHAD TO TAKE STRATEGIC STAKES IN MX GLOBAL
PETALING JAYA, Malaysia, March 1, 2022 /PRNewswire/ -- MX Global Sdn. Bhd. (MX Global) today announced an equity investment into the company from Binance, the world's largest digital asset and blockchain ecosystem. In addition, MX Global also landed another investment for Redeemable Convertible P...
Aon Acquires Tyche Platform to Expand Insurance Consulting Capabilities for Clients
LONDON, March 1, 2022 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced it has acquired actuarial software platform Tyche from technology and software firm RPC Tyche. The transaction significantly expands Aon's existing capabilities to help re/insur...
Beam secures US$93 million in Series B funding led by private equity firm Affirma Capital
* The investment will accelerate Beam's deployment of its 5th generation Beam Saturn e-scooter with cutting-edge MARS ["Micromobility Augmented Riding Safety"] technology. * Beam has grown revenue by 15 times since the start of 2020, despite experiencing mobility restrictions caused by the Co...
Lifebit and Boehringer Ingelheim announce partnership to capture transformational value of health data
* Boehringer Ingelheim partners with Lifebit Biotech, Ltd. to build a scalable data, analytics, and infrastructure platform * This collaboration aims at capturing translational disease insights from large external healthcare biobanks and maximizing value of data for drug discovery and precisi...
First carbon-neutral ocean technology company Caravelle to list on Nasdaq via SPAC
SHANGHAI, March 1, 2022 /PRNewswire/ -- Caravelle, a global carbon-neutral ocean-going technology company, has signed a letter of intent with Pacifico Acquisition Corp. (NASDAQ:PAFO) onDecember 31, 2021, EST. Caravelle will be expected to be listed on NASDAQ. At the same time, a number of private...
Henniges Automotive and Guizhou Guihang Automotive Components Form Strategic Joint Venture
AUBURN HILLS, Mich., March 1, 2022 /PRNewswire/ -- Henniges Automotive Holdings, Inc., a leading supplier of highly engineered sealing systems for the global automotive market, today announced it has formed a strategic joint venture with Guizhou Guihang Automotive Components Co., Ltd., a manufact...
Inceptio Technology completes US$188 million in financing, led by Sequoia Capital China and Legend Capital
SHANGHAI, Feb. 28, 2022 /PRNewswire/ -- Inceptio Technology, an autonomous driving truck technology and operation company, announced the closing of a US $188 million Series B+ equity financing. This round of financing is jointly led by Sequoia Capital China and Legend Capital. Co-investors include...
Energy-efficient AI Semiconductor Company EdgeCortix Closes Series A Funding
TOKYO, Feb. 28, 2022 /PRNewswire/ -- EdgeCortix® the AI-focused fabless semiconductor company today announced that it has closed over$8 Million USD in series A funding. EdgeCortix's reconfigurable Dynamic Neural Accelerator® processor architecture and AI acceleration SoC SAKURA™ brings best-in-c...
Lear Completes Acquisition of Kongsberg Automotive's Interior Comfort Systems Business Unit
SOUTHFIELD, Mich., March 1, 2022 /PRNewswire/ – Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has completed the acquisition of substantially all of Kongsberg Automotive's Interior Comfort Systems (ICS) business unit. The acquisiti...
SpaceAge Labs raises US$1.25 million in seed funding to make cities cleaner, greener and safer
SINGAPORE, March 1, 2022 /PRNewswire/ -- "Growing populations, increased urbanisation, rising labour costs, lack of skilled workers, high safety standards and social distancing stipulations – various factors have come together resulting in the strong need for remote monitoring and IoT/AI solutio...
Biocon Biologics to Acquire Viatris' Biosimilars Assets for up to USD 3.335 billion in Stock and Cash
BENGALURU, India, Feb. 28, 2022 /PRNewswire/ -- Biocon Biologics Ltd., a subsidiary of Biocon Ltd. (BSE code: 532523) (NSE: BIOCON), has entered into a definitive agreement with its partner Viatris Inc. (NASDAQ: VTRS). Accordingly, Biocon Biologics Ltd. (BBL) will acquire Viatris' biosimilars bus...
KPS CAPITAL PARTNERS TO ACQUIRE OLDCASTLE BUILDINGENVELOPE INC. FROM CRH PLC
North American Leader in Architectural Hardware, Glass and Glazing Systems NEW YORK, Feb. 28, 2022 /PRNewswire/ -- KPS Capital Partners, LP ("KPS") announced today that, through a newly formed affiliate, it has signed a definitive agreement to acquire Oldcastle BuildingEnvelope Inc. ("OBE" or th...
Niyo raises US$100 million in Series C round led by Accel and Lightrock
Will be using the funds to accelerate mission to make banking easier for 30
million users
MUMBAI, India, Feb. 25, 2022 /PRNewswire/ -- Niyo
Destiny pushes European ambitions with the new name 'Dstny'
New brand identity and commitment as the co-name sponsor of Belgian UCI WorldTour team Lotto-Dstny from 2023 will propel brand recognition for the cloud-based Business Communications provider BRUSSELS, Feb. 24, 2022 /PRNewswire/ -- Destiny is taking an important next step in realising its Europe...
India's Largest Digital Healthcare Company MediBuddy Raises USD 125 Million in Series C Funding
Largest funding round in the Digital Healthcare services space BANGALORE, India, Feb. 24, 2022 /PRNewswire/ -- MediBuddy, India's largest end-to-end digital healthcare platform, has raisedUSD 125 million in Series C funding fromQuadria Capital and Lightrock India along with participation from ex...
Nippon Paint Malaysia, 1st in the region to offer Total Coating and Construction Solutions (TCCS)
SHAH ALAM, Malaysia, Feb. 24, 2022 /PRNewswire/ -- Malaysia's No. 1 total coating solutions provider, Nippon Paint Malaysia Sdn. Bhd. (Nippon Paint), officially announced its 100% acquisition of CMI Construction Material Industry Sdn. Bhd. (CMI) and an 85% stake in CMI Marketing Sdn. Bhd. (CMIM)....
Fosun RZ Capital raised new RMB Fund worth $300M+, setting the firm on course to becoming a fast-rising industrial investor
SHANGHAI, Feb. 24, 2022 /PRNewswire/ -- Fosun RZ Capital, a venture capital firm originated inChina with a global investment layout, has announced on Thursday that it had completed the raising of its third RMB-dominated fund. The size of the newly raised fund, which is registered atShanghai's Son...
Shipsy Raises USD 25 Million in Series B To Accelerate Global Expansion and Product Innovation
GURUGRAM, India, Feb. 24, 2022 /PRNewswire/ -- Shipsy, a leading SaaS-based
smart logistics management platform provider, has raisedUSD 25 million in a
Series B round co-led by A91 Partners and Z3 Partners along with existing
investors Info Edge and Sequoia Capital India's Surge.
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