Investment & Financing

Zenix Enters into Definitive Agreement for "Going Private" Transaction

2021-10-19 19:33 4323

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

2021-10-19 18:55 4519

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

2021-10-19 17:00 4073

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

2021-10-19 14:21 1800

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

2021-10-19 14:07 5215

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

2021-10-19 09:00 2305

LAUSANNE, Switzerland and BOSTON, Oct. 19, 2021 /PRNewswire/ -- Debiopharm ( www.debiopharm.com ), a Swiss-based global biopharmaceutical company announced today having been awarded the third phase funding to advance the development of its antibiotic program, Debio 1453...

iClick Interactive Asia Group Limited Announces Receipt of another Unsolicited Preliminary Non-Binding Indicative Offer to Acquire the Company

2021-10-18 20:00 3555

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

2021-10-18 20:00 3251

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

2021-10-18 19:00 2455

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

2021-10-18 18:00 3494

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

2021-10-18 16:02 3614

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...

Avo receives additional HKD260M funding from shareholders, demonstrating growth and investor confidence

2021-10-18 11:30 3531

HONG KONG, Oct. 18, 2021 /PRNewswire/ -- Avo Insurance Company Limited (Avo), Hong Kong's first virtual general insurance company, has announced its additional round of capital injection ofHKD260 million today. This investment will accelerate Avo's product development and enhance its insurtech ...

Dole Sunshine Company Partners With EDB New Ventures To Create A New Business In Specialty Ingredients Developed From Fruit Side-streams

2021-10-18 09:00 3581

SINGAPORE, Oct. 18, 2021 /PRNewswire/ -- Dole Sunshine Company (DSC) is partnering the Singapore Economic Development Board (EDB) for its new corporate venture, Dole Specialty Ingredients (DSI). This new venture will focus on sourcing and transforming fruit side streams and unutilised fruit parts...

First of its kind NEOM and OceanX Red Sea expedition reveals deep sea mysteries and an ecological treasure trove

2021-10-16 05:19 4201

* Thirty world-renowned experts undertook a six-week expedition, carrying out pioneering marine biological and oceanographic surveys in a part of the world that is still largely unexplored * The findings from the expedition are being used to drive the design and implementation of marine prote...

UPL Announces Long-term Collaboration With Chr. Hansen To Develop And Commercialize Microbial Solutions For Sustainable Agriculture

2021-10-16 05:04 5966

- UPL is the largest manufacturer and distributor of biosolutions worldwide, fifth-largest agribusiness globally. - Chr. Hansen is the owner of one of the world's largest commercial collections of bacteria, with more than 28,000 strains - The biosolutions market set to grow to $10bn* USD by 2025...

Clarifai Raises $60M in Series C Funding to Bring AI to Developers Everywhere

2021-10-15 22:00 2772

New financing led by NEA fuels international expansion, growth of its AI community, and development of new AI innovations. WILMINGTON, Del., Oct. 15, 2021 /PRNewswire/ -- Clarifai, the leading AI platform for unstructured image, video, text, and audio data, announced that it closed a$60 million...

CellOrigin secured a new round of investment for developing its globally proprietary iPSC-CAR-Macrophage technology platform

2021-10-15 20:50 2430

HANGZHOU, China, Oct. 15, 2021 /PRNewswire/ -- On Oct. 11th, 2021, CellOrigin Inc. released data about its second generation of iPSC-CAR-Macrophage which has a genetically integrated secondary signal to confer controlled CAR-iMac polarization, in the 5th International Conference of IGC China, 202...

Okada Manila, Owner of The Leading Integrated Gaming Resort in the Philippines, and 26 Capital Acquisition Corp. (NASDAQ: ADER), Announce Plans to Merge, Resulting in Okada Manila Becoming a Publicly Traded Company

2021-10-15 19:00 6809

-  Transaction values Okada Manila at an enterprise value of $2.6 billion and an equity value of$2.5 billion. -  Universal Entertainment, the parent company of Okada Manila, is rolling 100% of its equity in the company. 26 Capital Acquisition Corp. to provide up to $275M of cash to the business. ...

Qiming's Portfolio Company Abbisko Lists on Main Board of HKEx

2021-10-15 12:00 4778

SHANGHAI, Oct. 15, 2021 /PRNewswire/ -- Qiming Venture Partners' portfolio company Abbisko (SEHK:2256), a clinical-stage biopharmaceutical company, listed on the main board of the Hong Kong Stock Exchange onOctober 13. The issue price isHK$ 12.46 per share, representing a market cap of HK$ 8.753 ...

ESR announces ESR-REIT's proposed merger with ARA LOGOS Logistics Trust to form ESR-LOGOS REIT

2021-10-15 11:48 4900

SINGAPORE and HONG KONG, Oct. 15, 2021 /PRNewswire/ -- ESR Cayman Limited  ("ESR", the "Group" or the "Sponsor" of ESR-REIT); SEHK Stock Code: 1821) today announced that ESR Funds Management (S) Limited (the manager of ESR-REIT) has entered into an agreement with the manager of ARA LOGOS Logistics...

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