Investment & Financing
A Chinese Millennial Pet Lifestyle Brand Closed Series B Financing by ClearVue Partners
SHANGHAI, Dec. 21, 2020 /PRNewswire/ -- ClearVue Partners ("ClearVue"), a consumer sector focused private equity fund, announced that it has successfully completed a$20M Series B Financing for VETRESKA as the lead investor. The financing will accelerate VETRESKA'sgrowth and boost both brand build...
Servier to Acquire Agios Pharmaceuticals' Oncology Business
- Transaction includes commercial, clinical and research-stage oncology portfolio and employees for up to$2 billion plus royalties - Includes Agios' marketed medicine TIBSOVO® and a strong oncology pipeline of Phase 3 and early-stage assets - Acquisition in-line with Servier's strategic ambition...
VeChain Foundation Announces Partnership With the Royal Melbourne Institute of Technology (RMIT) Blockchain Innovation Hub, Accelerating Blockchain Governance Research
SINGAPORE, Dec. 21, 2020 /PRNewswire/ -- Since its initial launch in January 2018, VeChain's global innovative research grant program, VeResearch, has been one of the major driving forces behind our blockchain-related technological progress, cooperating and co-developing solutions with leading gl...
AIT Worldwide Logistics Acquires European-Based Fiege Forwarding from the FIEGE Group
Fiege Forwarding's subject matter experts join AIT teammates to provide harmonized supply chain services by leveraging a widespread global network acrossAsia, Europe and North America ITASCA, Ill., Dec. 21, 2020 /PRNewswire/ -- Global supply chain solutions leader AIT Worldwide Logistics entered...
WuXi Biologics to Acquire Drug Substance Facility in Wuppertal, Germany from Bayer
* The DS facility (MFG19) with 3x1000L perfusion and 6x2000L fed-batch capacity for vaccines and biologics is expected to be GMP ready in late 2021 * Complements WuXi Biologics' existing DP capacity in Germany * Capacity expansion allows WuXi Biologics to meet growing client demand worldwide...
Longevity Acquisition Corporation Announces 4D pharma Joining Landmark Parkinson's Progression Markers Initiative
NEW YORK, Dec. 21, 2020 /PRNewswire/ -- Longevity Acquisition Corporation (NASDAQ: LOAC) (the "Company"), a publicly-traded special purpose acquisition company, announced today that onDecember 18, 2020, 4D pharma plc (AIM: DDDD) ("4D pharma"), a pharmaceutical company leading the development of L...
Lion Announces Entry into Share Subscription Agreement in Connection with Private Placement of Common Shares
HONG KONG, Dec. 21, 2020 /PRNewswire/ -- Lion Group Holding Ltd. ("Lion" or "the Company") (NASDAQ: LGHL), an operator of an all-in-one trading platform that offers a wide spectrum of products and services with a focus on Chinese investors, today announced it has successfully executed a binding f...
AInnovation Completes Series C Financing Led by CICC ALPHA and Enters Unicorn Club
BEIJING, Dec. 20, 2020 /PRNewswire/ -- AInnovation recently completed Series C financing, entering the unicorn club. This financing round was led by CICC ALPHA, followed by Guohe Capital and Riverhead Capital. The previous shareholder Huaxing Growth Capital also continued to increase its posit...
Acclime doubles its presence in Vietnam with the acquisition of Finex Corporation
HONG KONG, Dec. 21, 2020 /PRNewswire/ -- Acclime, the premier corporate services provider inAsia, announces today that it has completed the acquisition of Finex Corporation inVietnam. With this new addition, the headcount of Acclime inVietnam surpasses 100, doubling the size of Acclime's business...
KORITE International Poised for Growth with Announcement of New Ownership
KORITE International emerges from CCAA protection under new ownership CALGARY, AB, Dec. 21, 2020 /PRNewswire/ -- KORITE International LP (KORITE), formerly KORITE International Inc., the world's leading producer of Ammolite jewellery and gemstones, is pleased to announce its emergence from credit...
Tencent-Led Consortium Exercises Call Option to Acquire Additional Equity Interests in Universal Music Group
HONG KONG, Dec. 18, 2020 /PRNewswire/ -- Tencent Holdings Limited (00700.HK, " Tencent") announces today that a Tencent-led consortium (the "Consortium") has exercised its call option to acquire an additional 10% equity stake (the "Transaction") in Universal Music Group ("UMG") from its parent com...
The Ferrero Group To Acquire Eat Natural
SINGAPORE, Dec. 18, 2020 /PRNewswire/ -- The Ferrero Group, a global confectionery group, today announced a definitive agreement pursuant to which it will acquire Eat Natural, the maker of high-quality cereal bars, toasted muesli and granola. The Ferrero Group plans to maintain and further build...
Consortium Including Tencent Music Entertainment Group Exercises Call Option to Acquire Additional Equity Interests in Universal Music Group
SHENZHEN, China, Dec. 18, 2020 /PRNewswire/ -- Tencent Music Entertainment Group ("Tencent Music," "TME," or the "Company") (NYSE: TME), the leading innovative online music entertainment platform inChina, today announced that a consortium (the "Consortium"), which is led byTencent Holdings Limite...
StarCompliance Announces Significant Growth Investment from Marlin Equity Partners
Marlin Equity joins Luminate Capital in backing StarCompliance in its next phase of growth ROCKVILLE, Md., Dec. 18, 2020 /PRNewswire/ -- StarCompliance ("Star"), a leading provider of employee compliance and regulatory technology solutions to the financial services industry, today announced a ma...
WhistlePig & Moët Hennessy Announce International Partnership
PARIS, Dec. 17, 2020 /PRNewswire/ -- Moët Hennessy, the world leader in luxury wines and spirits, is pleased to announce that it has established a partnership to exclusively bring WhistlePig, the #1 distiller in the ultra-premium and luxury rye whiskey category inNorth America (1), to consumers i...
TurtleTree Labs raises US$6.2 million in Pre-A funding round
* Investment from Green Monday Ventures, Eat Beyond Global, KBW Ventures, and Verso Capital will allow TurtleTree Labs to expand focus into functional components in milk * TurtleTree Labs builds on early successes of winning highly competitive startup competitions in 2020: The Liveability Cha...
Ossen Innovation Enters into Definitive Merger Agreement for Going Private Transaction
SHANGHAI, Dec. 17, 2020 /PRNewswire/ – Ossen Innovation Co., Ltd. (the "Company ") (Nasdaq: OSN), aChina-based manufacturer of an array of plain surface, rare earth and zinc coated pre-stressed steel materials, today announced that it has entered into a definitive Agreement and Plan of Merger (the...
Masdar and PT PJBI form joint venture to drive development of Indonesia's first floating solar power plant
ABU DHABI, UAE, Dec. 17, 2020 /PRNewswire/ -- Masdar, one of the world's leading renewable energy companies, and PT PJBI, a subsidiary ofIndonesia's state electricity company PT PLN (Persero), today announced the formation of a joint venture to drive the development of the Cirata Floating Photovo...
Six Leading Legal Technology Suppliers Join Forces to Launch The Global Efficiency Group
LONDON, Dec. 17, 2020 /PRNewswire/ -- The Global Efficiency Group
LGT acquires wealth management business of UBS Europe SE in Austria
VADUZ, Liechtenstein, Dec. 17, 2020 /PRNewswire/ -- LGT, the international private banking and asset management group owned by the Princely House of Liechtenstein, has reached an agreement with UBS Europe SE to acquire by way of an asset deal their wealth management business inAustria, which has a...
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