Investment & Financing
Coller Capital And Ping An Overseas Holdings Announce Closure Of One Of The World's Largest Private Credit Secondaries Transaction
HONG KONG and SHANGHAI, Aug. 3, 2021 /PRNewswire/ -- Coller Capital ("Coller") and Ping An Overseas Holdings together with its subsidiaries ("Ping An"), the main offshore investment and asset management platform of Ping An Insurance (Group) Company ofChina, Ltd., have closed one of the world's la...
Chishti Group and United Petro Group sign operating JV
DELHI, India, Aug. 3, 2021 /PRNewswire/ -- Chishti Group of India and United Petro Group announced today that they have entered into a non-binding memorandum of understanding (MoU) to progress detailed discussions on combining their trading businesses across all territories. The companies believ...
Nanoform and Boehringer Ingelheim execute master services agreement
HELSINKI, Aug. 3, 2021 /PRNewswire/ -- Nanoform, an innovative nanoparticle medicine enabling company, announces that Proof of Concept studies may now be performed for Boehringer Ingelheim to assess the added value Nanoform's award-winning CESS® technology can deliver to its drug development proj...
French-Corsican DJ Alexis Petronio releases first single, "Strange," featuring Keith with a hopeful post-pandemic message
PORTO-VECCHIO, France, Aug. 3, 2021 /PRNewswire/ -- DJ Alexis Petronio has collaborated with guitarist and singer Keith to release his debut single, "Strange," a guitar-tinged summer anthem with a human hopeful post-pandemic message. To view the Multimedia News Release, please click: https:/...
Masdar joint venture reaches financial close and starts construction on Indonesia's first utility-scale floating solar power plant
- Cirata Floating Photovoltaic Power Plant scheduled to begin commercial operation in Q4 2022 - 145-megawatt (ac) plant being developed by PT. Pembangkitan Jawa Bali Masdar Solar Energi – joint venture between Masdar and PT PJBI ABU DHABI, UAE, Aug. 3, 2021 /PRNewswire/ -- Masdar, one of the wor...
Inceptio Technology completes US$270 million in financing, led by JD, Meituan, and PAG
SHANGHAI, Aug. 3, 2021 /PRNewswire/ -- Inceptio Technology, an autonomous driving truck technology and operating company, announced the closing of a US$270 million Series B equity financing. This round of financing was jointly led by JD Logistics (02618.HK), Meituan (03690.HK), and PAG. Deppon Exp...
Insilico Medicine and Westlake Pharma Announce Cooperation Relationship on Accelerating the Innovative Drugs R&D for Novel Coronavirus
HANGZHOU, China, Aug. 3, 2021 /PRNewswire/ -- Insilico Medicine and Westlake
Pharma announced a strategic partnership to jointly develop innovative
small-molecule drugs for Novel Coronavirus (COVID-19) today.
Hollysys Board of Directors Evaluating Offers From Consortiums
BEIJING, Aug. 2, 2021 /PRNewswire/ -- HollySys Automation Technologies Ltd. (NASDAQ: HOLI) ("HollySys" or the "Company"), a leading provider of automation and control technologies and applications inChina, today announced that the Company's Board of Directors (the "Board") is in the process of ev...
Cardinal Health completes sale of Cordis business to Hellman & Friedman
DUBLIN, Ohio, Aug. 2, 2021 /PRNewswire/ -- Cardinal Health (NYSE: CAH) and Hellman & Friedman (H&F) announced today the completion of the previously announced sale of Cardinal Health's Cordis business to H&F. The sale price of approximately$1 billion includes the buyer's assumption of certain lia...
Cardinal Health completes sale of Cordis business to Hellman & Friedman
DUBLIN, Ohio, Aug. 2, 2021 /PRNewswire/ -- Cardinal Health (NYSE: CAH) and Hellman & Friedman (H&F) announced today the completion of the previously announced sale of Cardinal Health's Cordis business to H&F. The sale price of approximately$1 billion includes the buyer's assumption of certain lia...
Dense Air Acquires New Spectrum To Build Neutral Host Shared Wireless Networks in Australia
Dense Air and TPG Telecom have agreed to acquire spectrum licenses from each other Dense Air to bring its industry-leading shared neutral host solution to the Australian market and partner with cities and service providers to build shared wireless networks that advance broadband equity and improv...
IAR Systems collaborates with NSITEXE to accelerate functional safety development for RISC-V
UPPSALA, Sweden, Aug. 2, 2021 /PRNewswire/ -- IAR Systems®, the future-proof supplier of software tools and services for embedded development, today announced its partnership with NSITEXE, a group company of DENSO Corporation that develops and sells high-performance semiconductor IP. The partners...
SUBPLACE's Star Product Raises RM6.66 million in Equity Crowdfunding within 15 Minutes
KUALA LUMPUR, Malaysia, Aug. 2, 2021 /PRNewswire/ -- LOCKIN
Rey Announces $10 Million in New Series A Funding to Expand Access to Mental Health through Digital Capabilities
Led by Optum Ventures and Oxford Sciences Innovation, new funding will propel Rey's launch of a tech-enabled, on-demand mental health clinic in response to growing demand for high-quality care in an increasingly resource constrained market AUSTIN, Texas, July 31, 2021 /PRNewswire/ -- Rey, a new ...
SVOLT Energy Closes 10.28 Billion RMB B Round Financing in Less Than 5 Months
BEIJING, July 30, 2021 /PRNewswire/ -- SVOLT Energy Technology Co., Ltd. ("SVOLT"), a leading EV battery manufacturer, held a B Round Financing Transaction Ceremony inChangzhou, Jiangsu on July 28, 2021. Following the completion of A Round Financing ofRMB 3.5 billion ($US 538 million) at the end ...
iWeb Inc, OTC Markets QB, IWBB, announced it will acquire Tingo Mobile Plc. from Tingo International Holdings, Inc, in a deal valuing the Tingo Mobile Plc at $3.7 Billion USD
LOS ANGELES, July 30, 2021 /PRNewswire/ -- Transaction was negotiated for IWEB by their Business Development Partners Global Fintech Trading Limited Led by Craig Marshak an experienced Fintech Specialist investment banker who formerly ran a Nomura bank Venture Technology fund inLondon with cons...
China Jo-Jo Drugstores Completes Redomiciliation Merger
HANGZHOU, China, July 30, 2021 /PRNewswire/ -- China Jo-Jo Drugstores, Inc. (NASDAQ: CJJD) ("Jo-Jo Drugstores" or the "Company"), a leading online and offline retailer, wholesale distributor of pharmaceutical and other healthcare products and healthcare provider in China, today announced that th...
Chinese Consumer Robotics Company KEYi Tech Raises Tens of Millions of Dollars in Series B Financing
BEIJING, July 30, 2021 /PRNewswire/ -- KEYI Technology Inc (KEYi Tech), a Chinese consumer robotics corporation, recently raised tens of millions of dollars in Series B financing. This round of financing was led by Xiaomi and Shunwei Capital, followed by existing shareholders Source Code Capital ...
Ares SSG Closes Third Secured Lending Fund at $1.6 Billion
* Final close of SLO III at nearly double the size of its predecessor fund, SLO II * Believed to be the largest pan-Asian secured lending fund to date * Significant demand from diverse set of reputable institutional investors from the U.S.,Asia and Europe, including sovereign wealth funds, p...
Neukio Biotherapeutics completed its $40m Angel round financing, focusing on the development of iPSC-CAR-NK platform and assets.
SHANGHAI, July 30, 2021 /PRNewswire/ -- Neukio Biotherapeutics, a newly established company, recently announced the completion of its$40m Angel round of financing led byLilly Asia Venture (LAV), with the participation of IDG Capital and Sherpa Investments. The fund will be used mainly for the es...
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