Investment & Financing
Trip.com Group deepens partnership with Rosewood Hotel Group and Tongpai Hotels in new joint venture
SHANGHAI, Oct. 21, 2021 /PRNewswire/ -- Today, Rezen Group, a subsidiary of Trip.com Group, New World Hotels & Resorts, a subsidiary of Rosewood Hotel Group, and Tongpai Hotels of Chow Tai Fook Enterprises, deepened their cooperation by establishing a joint venture to operate hotels in mainlandCh...
Primavera Capital Invests in Envision to Advance Carbon Neutrality
BEIJING, Oct. 21, 2021 /PRNewswire/ -- Primavera Capital Group ("Primavera") announced a strategic investment ofUS$600 million in Envision Energy and Envision AESC, two subsidiaries of Envision Group ("Envision"). This is another important investment by Primavera in the field of carbon neutrality...
EVERSANA and Intouch Group join forces, adding the premiere digital-first agency network to the market leader in next generation commercialization
CHICAGO and KANSAS CITY, Mo., Oct. 20, 2021 /PRNewswire/ -- EVERSANA™, the pioneer of next generation commercial services to the global life sciences industry, andIntouch Group®, a full-service global agency network serving the pharmaceutical industry, today announced that they signed an agreemen...
Wells Fargo Strategic Capital Brings Total Growth Investment in Volante Technologies to USD 45M
NEW YORK, Oct. 20, 2021 /PRNewswire/ -- Volante Technologies, the global leader in cloud payments and financial messaging, today announced it receivedUSD 10M in growth funding fromWells Fargo Strategic Capital, bringing the total institutional investment to date toUSD 45M. With this investment, t...
China Yuchai Forms Joint Venture in Beijing to Develop Fuel Cell Powertrain Systems
SINGAPORE, Oct. 20, 2021 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") a leading manufacturer and distributor of engines for on- and off-road applications inChina through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited (...
MPC Container Ships ASA secures new financing facility, agrees on sale of six vessels and provides update on charter fixtures
OSLO, Norway, Oct. 20, 2021 /PRNewswire/ -- MPC Container Ships ASA ("MPCC" or the "Company", and together with its subsidiaries, the "Group") is pleased to announce the following measures that will increase the Company's balance sheet flexibility in order to execute on the Group's plan to comme...
Clayton, Dubilier & Rice Reaches Agreement to Acquire PwC's Global Mobility Tax and Immigration Services Business
Transaction Will Create the Independent Leader in Global Mobility Tax and Immigration Services for Multinational Organizations LONDON and NEW YORK, Oct. 19, 2021 /PRNewswire/ -- Clayton, Dubilier & Rice and PwC today announced an agreement under which CD&R funds will acquire PwC's Global Mobilit...
Humelo receives US$2.6M pre-series A funding from KT and Kakao for AI voice synthesis solution
SEOUL, South Korea, Oct. 19, 2021 /PRNewswire/ -- Humelo, a startup that
specializes in AI-based voice synthesis solutions and a member ofBorn2Global
Centre, recently received a pre-series A investment of USD 2.6 million (KRW 3
billion) from KT Investment and Kakao Investment.
Pismo Raises $108 Million Series B Led by SoftBank, Amazon and Accel to Enable Cloud-Native Financial Services Globally
Investors also include B3, Falabella Ventures, Headline, PruVen and Redpoint eventures. Funding will fuel the company's expansion and development of market-leading banking and payments technologies SÃO PAULO, Oct. 19, 2021 /PRNewswire/ -- Pismo, the cloud-native core banking and payments platfor...
Zenix Enters into Definitive Agreement for "Going Private" Transaction
BEIJING, Oct. 19, 2021 /PRNewswire/ -- China Zenix Auto International Limited (OTC: ZXAIY) (the "Company"), one of the largest commercial vehicle wheel manufacturers inChina in both the aftermarket and OEM market by sales volume, today announced that it has entered into an Agreement and Plan of M...
Carrier Acquires Cavius, an Innovative Residential Alarm Company
Strategic acquisition expands Carrier's Healthy Homes offering and strengthens its interconnected Fire & Security portfolio PALM BEACH GARDENS, Fla., Oct. 19, 2021 /PRNewswire/ -- Carrier Global Corporation (NYSE:CARR) the leading global provider of healthy, safe, sustainable and intelligent bui...
Fosun Sports Group announces new entity to deepen global sports industry footprint
HONG KONG, Oct. 19, 2021 /PRNewswire/ -- On October 19, 2021, Fosun Sports Group (hereinafter referred to as 'Fosun Sports'), a global pan-sports industry operating group company and subsidiary of Fosun International's happiness segment, announced the formal establishment of Fosun Sports as a ho...
ConveGenius AI, India's Leading EdTech Startup Raises $5M USD (Pre Series A) for Mass Market Direct-to-Consumer Expansion to Serve 100M Households
LONDON, SAN FRANCISCO, and SINGAPORE, Oct. 19, 2021 /PRNewswire/ -- ConveGenius has raised$5M USD in Venture Capital funding to grow its conversational AI platform inIndia and South-East Asian markets. The company first launched its conversational AI platform in 2020 with a focus on providing a...
Qiming's Portfolio Company Microtech Medical Lists on Main Board of HKEx
SHANGHAI, Oct. 19, 2021 /PRNewswire/ -- Qiming Venture Partners' portfolio company Microtech Medical (SEHK:2235), a leading Chinese diabetes management medical device maker, today listed on the main board of the Hong Kong Stock Exchange. The issue price isHK$ 30.5 per share. The stock opened a...
CARB-X Funds the 3rd Round of Debiopharm's Targeted Antibiotic Program to Combat Resistant N. gonorrhoeae Infections
LAUSANNE, Switzerland and BOSTON, Oct. 19, 2021 /PRNewswire/ -- Debiopharm (
www.debiopharm.com
iClick Interactive Asia Group Limited Announces Receipt of another Unsolicited Preliminary Non-Binding Indicative Offer to Acquire the Company
HONG KONG, Oct. 18, 2021 /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 onOctober 17, 2021...
Roan Holdings Group Announces Agreement to Set Up Joint Venture to Acquire Multimedia Interactive Technologies and Expand into Culture and Tourism Industry Markets
BEIJING and HANGZHOU, China, Oct. 18, 2021 /PRNewswire/ -- Roan Holdings Group Co., Ltd. ("Roan" or the "Company") (OTC Pink: RAHGF and RONWF), a provider of diversified solutions in financial, insurance and healthcare related products and management services, today announced that the Company has...
Gryphon Investors Announces Acquisition of Metagenics
Investment Will Support Leading Global Nutritional Products Provider's Mission to Improve Health Outcomes in Partnership with Healthcare Practitioners SAN FRANCISCO, Oct. 18, 2021 /PRNewswire/ -- Gryphon Investors ("Gryphon"), a leading middle-market private equity firm, today announced that it ...
Saildrone Closes $100 Million Series C Funding Round to Advance Ocean Intelligence Products
ALAMEDA, Calif., Oct. 18, 2021 /PRNewswire/ -- Saildrone, the emerging market leader in ocean data, ocean mapping, and maritime intelligence solutions, today announced the close of its$100M Series C round, bringing its total funding to $190M. Led by BOND, the round includes new investors XN, Sta...
Tasmania's Lark Distilling Co. to Acquire Pontville Distillery and Estate
HOBART, Australia, Oct. 18, 2021 /PRNewswire/ -- Lark Distilling Co. Limited (ASX: LRK) ('Lark' or 'the Company'), Australia's leading distiller of single malt whisky, is pleased to announce that it has entered into a binding agreement for the acquisition of Kernke Family Shene Estate Pty Ltd, th...
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