Investment & Financing
GCP Hospitality, a member of Gaw Capital Partners, expands its footprint in Europe through a joint venture with Omega Capital by acquiring Hospes Hotel Group in Spain
HONG KONG, July 25, 2018 /PRNewswire/ -- Real estate private equity firm Gaw Capital Partners today announced that the firm, through its European Hospitality Fund I managed by GCP Hospitality, acquired a 50% stake inSpain's leading boutique hotel brand, Hospes Hotel Group, of which its total asse...
Global game business pursued in earnest... Merger of LINE Games-NextFloor
* LINE Games-NextFloor decided to merge, for purposes of enhancement of management efficiency and fortification of business capabilities * LINE Games, subsidiary company specializing in game publishing of global messenger'LINE' * NextFloor, mobile game developer of Korea, expands business in...
Fang Enters into Definitive Agreements to Acquire Equity Interest in Wanli
BEIJING, July 20, 2018 /PRNewswire/ -- Fang Holdings Limited (NYSE: SFUN) ("Fang"), the leading real estate Internet portal inChina, today announced that it has entered into definitive agreements to acquire a 10% equity interest in Chongqing Wanli New Energy Co., Ltd. ("Wanli"), a company listed ...
Orient Paper, Inc. Announces Corporate Name and Ticker Changes
BAODING, China, July 19, 2018 /PRNewswire/ -- Orient Paper, Inc. (NYSE MKT: ONP) ("Orient Paper" or the "Company"), a leading manufacturer and distributor of diversified paper products inNorth China, today announced that on July 17, 2018, its Board of Directors approved to change its corporate na...
Kyligence Announces $15M Series B Funding Round
BEIJING, July 18, 2018 /PRNewswire/ -- Kyligence, a leading data analytics company, today announced that the company has closed$15 million in Series B funding. This round was led by new investor Eight Roads Ventures (the proprietary investment arm of Fidelity International Limited) along with pa...
Messer and CVC Fund VII acquire assets in the Americas from Linde
SHANGHAI, July 19, 2018 /PRNewswire/ -- The industrial gases specialist Messer and CVC Capital Partners Fund VII ("CVC") today concluded an agreement with Linde AG to acquire the majority of Linde's gases business inNorth America and certain business activities inSouth America. With approximatel...
Seaspan Completes First Tranche of Warrant Investment With Fairfax Financial Holdings Limited
HONG KONG, July 17, 2018 /PRNewswire/ -- Seaspan Corporation (NYSE: SSW) ("Seaspan" or the "Company"), the world's largest independent containership owner operator, today announced the exercise by certain affiliates of Fairfax Financial Holdings Limited (collectively, "Fairfax") of all the warran...
FARO® Announces Acquisition of Open Technologies
Extends 3D Capabilities Into Dental and Across a Variety of Design Driven Industries LAKE MARY, Fla., July 16, 2018 /PRNewswire/ -- FARO® (NASDAQ: FARO), the world's most trusted source for 3D measurement and imaging solutions for factory metrology, construction BIM, product design, public safet...
AsiaCollect acquires first consumer non-performing loan portfolio in Vietnam
* Current portfolio acquisition helps over 16,000 debtors become debt free through a customer-oriented, digital collections strategy * Part of AsiaCollect's goal is to help banks and non-bank consumer lenders in its core markets ofIndonesia, Vietnam, and the Philippines manage their non-perfo...
AMPAC Fine Chemicals To Be Acquired By SK Holdings
RANCHO CORDOVA, California, July 16, 2018 /PRNewswire/ -- AMPAC Fine Chemicals ("AFC"), a leading US-based Contract Development and Manufacturing Organization ("CDMO"), today announced its sale to SK Holdings ("SK"), an investment holding company of SK Group (South Korea). This acquisition is the...
Scan Global Logistics Expands With Three Offices in Africa Acquiring 55% of Macca Logistics SARL
COPENHAGEN, Denmark, July 13, 2018 /PRNewswire/ -- Effective July 2nd Scan Global Logistics has acquired 55% of Macca Logistics SARL,Bamako, Mali – incl. operational offices in the ports ofDakar, Senegal and Abidjan, Cote d'Ivoire. The acquisition of Macca will provide SGL with a strong physical ...
Ucommune Consolidates Co-Working Leadership Position with Workingdom Acquisition
BEIJING, July 13, 2018 /PRNewswire/ -- Ucommune is pleased to announce the acquisition of Workingdom for RMB$300 Million which is its 4th acquisition this year. Ucommune adds over 11,000 square metres of prime co-working space in the bustling commercial capital ofShanghai. This is another milesto...
Charkit Acquires Assets Of ChayseChem, Inc.
Agreement adds Framochem KFT products and more to the Charkit Portfolio NORWALK, Connecticut, July 13, 2018 /PRNewswire/ -- Charles Hinnant, President, Charkit Chemical Company ofNorwalk, CT, a subsidiary of LBB Specialties LLC, announced that Charkit has acquired the assets of ChayseChem, Inc.,...
SK Holdings to Acquire AMPAC Fine Chemicals (AFC), a Leading Contract Development and Manufacturing Organization (CDMO)
- Combination significantly strengthens SK's CDMO growth platform - AFC provides entry into the US, the world's largest CDMO market, positioning the combination as a global leading CDMO with a strong presence across the US,Europe and Asia - Creates substantial market synergies by combining high...
Keytone Dairy completes fund raising for ASX IPO
SYDNEY and CHRISTCHURCH, New Zealand, July 12, 2018 /PRNewswire/ -- Keytone Dairy Corporation Ltd ("Keytone Dairy"), has completed the fund raising for its proposed listing on the Australian Securities Exchange ("ASX") via an Initial Public Offering ("IPO"). Demand for shares in KTD significantly...
China Distance Education Holdings Limited Increases Investment in Beijing Ruida
BEIJING, July 10, 2018 /PRNewswire/ -- China Distance Education Holdings Limited (NYSE: DL) ("CDEL", or the "Company"), a leading provider of online education and value-added services for professionals and corporate clients in China, today announced that it signed a definitive agreement to acquire...
Forrester Acquires FeedbackNow and GlimpzIt
CAMBRIDGE, Massachusetts, July 10, 2018 /PRNewswire/ -- Forrester announced today that it has acquired FeedbackNow, a maker of physical buttons and monitoring software that companies deploy to measure, analyze, and improve customer experience. Forrester also acquired GlimpzIt, an artificial inte...
Fang Signs Non-binding Memorandum To Acquire Equity Interest In Wanli
BEIJING, July 9, 2018 /PRNewswire/ -- Fang Holdings Limited (NYSE: SFUN) ("Fang"), the leading real estate Internet portal inChina, today announced that it has signed a preliminary non-binding memorandum to acquire a 10% equity interest inChongqing Wanli New Energy Co., Ltd. ("Wanli"), a company ...
Booking Holdings Agrees to Acquire HotelsCombined
Booking Holdings' Global Metasearch Brand KAYAK to Oversee HotelsCombined NORWALK, Connecticut, July 9, 2018 /PRNewswire/ -- Booking Holdings Inc. (NASDAQ: BKNG) announced today that it has entered into an agreement to acquire hotel metasearch site, HotelsCombined. Based inSydney, Australia with ...
Doublestar Acquires 45% Stake of Kumho Tire
BEIJING, July 6, 2018 /PRNewswire/ -- Doublestar Group, a leading tire manufacturer inChina, announced today that it has completed an agreement with South Korea's Korea Development Bank (KDB) to acquire a 45% stake in Kumho Tire forRMB 3.9 billion. By this, Doublestar becomes Kumho Tire's control...
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