Investment & Financing

Visionet and SmartPesa launch Mobey -- a next generation country-wide mPOS service across Indonesia

2018-09-04 10:30 2647

JAKARTA, Indonesia and SINGAPORE, Sept. 4, 2018 /PRNewswire/ -- PT Visionet Data Internasional, a leading provider of IT managed services for the financial industry, and SmartPesa, the market leader in mPOS (mobile Point of Sale) solutions for emerging markets, announced today the launch ofMobey ...

Olon Acquires Manufacturing Facility in India

2018-09-03 20:00 3576

MILAN, Sept. 3, 2018 /PRNewswire/ -- Olon S.p.A., a world leading Active Pharmaceutical Ingredients (API) contract development and manufacturing organization (CDMO) and generics supplier, announced today the acquisition of a local generics chemical operations API manufacturing facility in Mahad...

USI Signed Joint Venture Agreement with Cancon to Jointly Establish a Server Component Company

2018-09-01 09:00 3781

SHANGHAI, Sept. 1, 2018 /PRNewswire/ -- On March 25 this year, USI, a giant electronics designer and manufacturer in the world (SSE: 601231), and Cancon Information Industry Co., Ltd. (hereinafter referred to as Cancon) announced to sign a Memorandum of Understanding on establishment of a joint v...

Markel to acquire Nephila Holdings Limited

2018-08-31 20:59 1557

RICHMOND, Va. and NASHVILLE, Tenn., Aug. 31, 2018 /PRNewswire/ -- Markel Corporation ("Markel") (NYSE: MKL) and Nephila Holdings Limited ("Nephila") announced today that they have entered into a definitive agreement for Markel to acquire all of the outstanding shares of Nephila.   Nephila is the...

Access Healthcare acquires revenue cycle services provider Pacific BPO

2018-08-31 18:30 1905

BPO acquisition will diversify customer portfolio and strengthen competitive position of Access Healthcare in era of increasing cost constraints DALLAS, Aug. 31, 2018 /PRNewswire/ -- Access Healthcare , a leading provider of healthcare business process outsourc...

Milbank Advises Korean Investors on Acquisition of Stake in Linden Topco

2018-08-31 00:04 2182

NEW YORK, Aug. 31, 2018 /PRNewswire/ -- Milbank, Tweed, Hadley & McCloy LLP represented Korean investors Hana Alternative Asset Management and Mirae Asset Daewoo in acquiring, along with Korean independent power producer GS EPS, a 10% equity stake in Linden Topco LLC, the indirect owner of a 972M...

Largest Lockscreen Media Platform Buzzvil Acquires India and Pakistan's SlideApp

2018-08-30 20:30 1238

- Softbank-backed Buzzvil acquires India and Pakistan's leading lockscreen content curator SlideApp - Second acquisition since US's largest lockscreen app, Slidejoy, in 2017 - Aims to widen global reach with internationally patented lockscreen SDK SEOUL, South Korea, Aug. 30, 2018 /PRNewswire/ -- ...

Innomdle Lab unveils three new Sgnl products at IFA 2018

2018-08-30 14:30 2156

SEOUL, South Korea, Aug. 30, 2018 /PRNewswire/ -- Samsung Electronics C-Lab's first spin-off venture company,Innomdle Lab , will be unveiling three new products atIFA 2018 , held this year inBerlin from August 31 through September 5. A member ...

Makeblock Announces RMB 300 Million Series C Funding

2018-08-30 11:36 3352

SHENZHEN, China, Aug. 30, 2018 /PRNewswire/ -- The leading STEAM education solution provider Makeblock today announces that it has closedRMB 300 Million (approx.US$44 million) in Series C funding at the latest valuation of RMB 2.5 billion (approx. US$367 million). This funding is led by CICC ALPH...

Encompass To Acquire Babcock's Media Services

2018-08-29 21:00 1186

Global technology services company has reached a definitive agreement to purchase Babcock International Group's Media Services business LONDON and ATLANTA, Aug. 29, 2018 /PRNewswire/ -- Encompass Digital Media , a global technology services company delivering end-to-end...

Ballard Signs Historic Strategic Collaboration With Weichai Power, Advancing China Strategy

2018-08-29 18:52 2549

* Equity investment of approximately $163M from Weichai, at 15% premium; Weichai to be Ballard's largest shareholder * Deal includes $90M technology transfer, Joint Venture establishment, Weichai commitment for at least 2,000 fuel cell commercial vehicles * Broad-Ocean Motors to increase hol...

Canadian Solar Partners with ET Energy to Build 132 MWp of Solar Projects in South Africa

2018-08-29 15:00 1668

GUELPH, Ontario, and PRETORIA, South Africa, Aug. 29, 2018 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies today announced it established a joint venture with ET Energy, a global clean energy developer and op...

UnaBiz Raises USD10 Million from KDDI/ SORACOM and ENGIE

2018-08-28 18:20 5793

SINGAPORE, Aug. 28, 2018 /PRNewswire/ -- UnaBiz, Sigfox's operator for Singapore andTaiwan, raised over USD10 million in its Series A funding round with strategic investments from KDDI and ENGIE. The round marks a new milestone in its mission to empower massive Internet of Things (IoT). The...

Eberspaecher and China Yuchai Subsidiary form Joint Venture

2018-08-28 17:30 1812

- Joint supplier and producer of China National 6 exhaust emission control systems for commercial vehicles - Construction of new production plant in Yulin - Sales and after sales services for on-road/off-road commercial vehicles including buses ESSLINGEN, Germany and SINGAPORE, Aug. 28, 2018 /PRN...

CreditEase Fintech Investment Fund Leads $62 Million Series C Round Investment in Upgrade

2018-08-28 14:57 2351

BEIJING, Aug. 28, 2018 /PRNewswire/ -- CreditEase, a Beijing-based leading FinTech company inChina, announced today that its venture fund, CreditEase FinTech Investment Fund ("CEFIF") has recently led$62 million Series C round investment in Upgrade. Other investors in this round of financing incl...

250 New Singaporean Startups to Benefit from TRIVE Pay-It-Forward Community Program

2018-08-28 09:00 1105

SINGAPORE, Aug. 28, 2018 /PRNewswire/ -- Southeast Asian-focused early stage Venture CapitalTRIVE (previously known as "TRi5 Ventures"), aims to support 250 new Singaporean startups in the next 30 months via its pro-bono pay-it-forward Community startup program.

Luokung Technology Announces Acquisition of Superengine Holding Limited

2018-08-27 20:30 1509

BEIJING, Aug. 27, 2018 /PRNewswire/ -- Luokung Technology Corp. (Nasdaq: KONE) ("LK" or the "Company"), a leading long-distance travel mobile service and technology service provider inChina, today announced that LK Technology Ltd., a wholly-owned subsidiary of the Company, has entered into a Stoc...

SafePro Group Launches Collaboration with Transamerica Life Bermuda in Singapore and Hong Kong

2018-08-27 11:09 3620

SafePro Group to provide security evacuation services as part of exclusive TLB Eminence programme SINGAPORE and HONG KONG, Aug. 27, 2018 /PRNewswire/ -- Global security and evacuation services firm SafePro Group has partnered with Transamerica Life ( Bermuda) Ltd. (Transamerica Life Bermuda)...

Travelstop Raises US$1.2 Million Seed Funding to Launch a Modern Platform That Simplifies Business Travel in Asia

2018-08-27 10:00 2014

Singapore-based Travelstop, founded by a team of ex-Expedia employees, launches a modern, AI-powered software-as-a-service platform for business travel in Singapore and the rest of Southeast Asia. Co-founded by industry veterans, Prashant Kirtane, a former Yahoo! exec turned entrepreneur who sold...

China Biologic Announces Updates on Unsolicited Acquisition Proposals and Strategic Private Placement

2018-08-24 20:00 2243

BEIJING, Aug. 24, 2018 /PRNewswire/ -- China Biologic Products Holdings, Inc. (NASDAQ: CBPO) ("China Biologic" or the "Company"), a leading fully integrated plasma-based biopharmaceutical company inChina, today announced that the Company's board of directors (the "Board") has received a letter da...

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