Investment & Financing
CreditEase Invests in Cross River, a Leading FinTech Innovator
BEIJING, Dec. 12, 2018 /PRNewswire/ -- CreditEase, a Beijing-based leading FinTech conglomerate inChina, announced today that its direct investment arm, CreditEase FinTech Investment Fund (CEFIF), participated in the recent$100 million funding round of Cross River Bank ("Cross River"), a fast-gro...
Park Place Technologies Acquires CMG-Nicsa, a Latin American IT Solutions Provider
Purchase represents Park Place's fourth acquisition of 2018 CLEVELAND, Dec. 12, 2018 /PRNewswire/ -- Park Place Technologies has announced the acquisition of the Latin American operations of CMG-Nicsa, a provider of IT solutions, support infrastructures and outsourcing services in Latin America a...
Canadian Solar Secures US$50 Million Long-Term Financing for a 100.1 MWp Solar Power Project in Argentina
GUELPH, Ontario, Dec. 12, 2018 /PRNewswire/ -- Canadian Solar Inc. (the "Company", or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies, today announced it has securedUS$50 million in non-recourse project financing for its 100.1 MWp solar power project in Cafayat...
STRATACACHE Acquires Chinese Embedded Computing and Commercial Tablet Manufacturing Company
Now Known as Scala China, the Company Adds Innovative Technology, Advanced Production and Development Capability in the World's Largest Retail Experience Market DAYTON, Ohio, Dec. 12, 2018 /PRNewswire/ -- STRATACACHE today announced the acquisition of an all-in-one intelligent tablet and computi...
NELSON and Marshall Cavendish Education partner to bring new math program to Canadian classrooms
TORONTO, Dec. 11, 2018 /PRNewswire/ -- NELSON, Canada's leading educational
publisher, announced this morning that it will be partnering with Marshall
Cavendish Education (MCE) to develop a new Canadian math program,My Math Path.
GenEdit Closes $8.5 million Series Seed Financing
BERKELEY, Calif., Dec. 11, 2018 /PRNewswire/ -- GenEdit, Inc., a developer of novel polymer nanoparticle technology platform for non-viral-based delivery of gene therapeutics, today announced the completion of a$8.5 million Series Seed financing round led by new investors Data Collective Bio (DCV...
Motive Partners Announces Acquisition of Finantix
NEW YORK and LONDON, Dec. 11, 2018 /PRNewswire/ -- Finantix is a leading provider of technologyenabling the digitalization of omni-channel advisory, sales and services processes of private banks, wealth managers and insurance companies. Motive Partners today announced that it has signed an agre...
Blue Planet acquires Yasasu Green to deliver sustainable waste solutions in Asia
SINGAPORE, Dec. 11, 2018 /PRNewswire/ -- Blue Planet Environmental Solutions, a Singapore-headquartered end to end sustainable waste management company, today announced its recent acquisition of Yasasu Environmental Management Services, a decentralized organic waste processing company based inInd...
Chinese-built Halogaland Bridge becomes landmark in Northern Europe
CHENGDU, China, Dec. 10, 2018 /PRNewswire/ -- On December 9, local time, Halogaland Bridge inNorway, built by Sichuan Road & Bridge (Group) Co., Ltd. (SRBG), was officially opened to traffic. The bridge is located in the Norwegian northern port city of Narvik, just 200 kilometers north from the ...
Merck and genOway Form CRISPR/Cas9 Strategic Alliance to Develop Rodent Models
- genOway to acquire exclusive rights to Merck's foundational genome-editing
patents to produce, sell rodent models
- New technologies and solutions to be developed using CRISPR/Cas9 to
accelerate delivery of better drugs to patients
DARMSTADT, Germany, Dec. 11, 2018 /PRNewswire/ -- Merck
Hexindai Announces Strategic Investment to Expand its Funding Sources
BEIJING, Dec. 10, 2018 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace in China, today announced that it has signed a term sheet with a target company to acquire a minority equity stake in the target company for a consideration...
LightInTheBox Announces Closing of Ezbuy Strategic Acquisition
BEIJING, Dec. 10, 2018 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global online retail company that delivers products directly to consumers around the world, today announced the closing of its strategic acquisition of a 100% equity stake in ...
G7 Completes Record-Setting Funding Round of US$320 Million
HONG KONG, Dec. 10, 2018 /PRNewswire/ -- G7, China's leading Internet of Things (IoT) company, announced today that it had completed a funding round witha record-settingUS$320 million in October. This round of investment was led by HOPU Investments. Other new investors include China Broadband Cap...
VIISA Graduated Batch 4 of Its Accelerator Program at the 4th VIISA Investment Day
HO CHI MINH CITY, Vietnam, Dec. 10, 2018 /PRNewswire/ -- On December 4, 2018, VIISA announcedthat three startups have graduated from Batch 4 of its Accelerator Programon the 4th VIISA Investment Day held at the Renaissance Riverside Hotel inHo Chi Minh City. The VIISA Investment Day featured fiv...
SAC - Data, Technology and Art Consulting Services Solutions for the World Marketing Communication in Indonesia
JAKARTA, Dec. 10, 2018 /PRNewswire/ -- The growth and development of the world of communication, the creative industry and the digital world inIndonesia feels very significant and has a positive impact on all sectors. The role of technology in all aspects of life also changes the marketing commun...
Investor Consortium announces voluntary recommended public cash tender offer for all shares in Amer Sports
* Offer price at EUR 40.00 per share represents a premium of 43% to the 3-month undisturbed volume-weighted average trading price * Amer Sports' board of directors has decided to unanimously recommend shareholders to accept the tender offer * A number of major shareholders have already irrev...
CX Partners Acquires Equity Stake in Veeda Clinical Research
AHMEDABAD, India, Dec. 7, 2018 /PRNewswire/ -- A consortium of growth oriented private equity investors led by CX Partners Fund 2 Limited have acquired a significant equity ownership in Veeda Clinical Research Private Limited. The investors will make additional investments in the company over a p...
Venture Global LNG Secures $220 Million in New Capital with Credit Facility from Morgan Stanley Senior Funding, Inc.
ARLINGTON, Virginia, Dec. 7, 2018 /PRNewswire/ -- Venture Global LNG, Inc. announces that it has entered into a$220 million bridge loan facility with Morgan Stanley Senior Funding, Inc. and associated lenders. Subject to the satisfaction of customary conditions precedent, the loan proceeds will b...
USI Invested in the Automotive and Intelligent Industry Development Fund
SHANGHAI, Dec. 7, 2018 /PRNewswire/ -- USI (SSE: 601231) recently announced that onDecember 6, 2018, the Company's wholly-owned sub-subsidiary Universal Global Electronics Co., Limited entered into an agreement with Phi GP, Ltd.. As a limited partner, Universal Global Electronics Co., Limited int...
HCL Technologies to Acquire Select IBM Software Products for $1.8B
ARMONK, New York and NOIDA, India, Dec. 6, 2018 /PRNewswire/ -- IBM (NYSE: IBM
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