Investment & Financing
TD Holdings Announces Entry into Non-Binding LOI for the Acquisition of Tongdow E-Commerce Group
SHENZHEN, China, Dec. 15, 2020 /PRNewswire/ -- TD Holdings, Inc. (Nasdaq: GLG) (the "Company"), a commodities trading service provider inChina today announced that it has entered into a non-binding letter of intent ("LOI") to acquire Tongdow E-Commerce Group Co., Ltd. ("Tongdow "), a B2B digital ...
FinTech start-up Fraxtor raised more than S$9 million in the last 9 months from its community of real estate co-investors
* Fraxtor has raised funds for 4 projects since March 2020, comprising two landed residential developments, one industrial development project in Singapore, and one student accommodation project in the UK. * The Fraxtor platform provides investors with hassle-free access to quality real estate...
Regent Pacific Completes Acquisition of Deep Longevity, Inc
* Expands into the emerging field of artificial intelligence (AI) and longevity medicine * Strengthens shareholder mix by adding experienced longevity and wellness biotechnology investors and entrepreneurs HONG KONG, Dec. 15, 2020 /PRNewswire/ --Regent Pacific Group Limited ("Regent Pacific" ...
PTC to Acquire SaaS PLM Leader Arena Solutions
Combination of Onshape and Arena to Enable PTC to Deliver Complete CAD + PLM SaaS Solution PTC Reaffirms Cash Flow Targets for FY'21 BOSTON, Dec. 14, 2020 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that it has signed a definitive agreement to acquire Arena Solutions, Inc. (Arena Soluti...
Hyundai Mobis Acquires Semiconductor Division of Hyundai Autron
SEOUL, South Korea, Dec. 14, 2020 /PRNewswire/ -- Hyundai Mobis (KRX: 012330) announced that the board of directors approved the acquisition of the semiconductor division of Hyundai Autron. Upon receiving the approval, Hyundai Mobis and Hyundai Autron signed a contract to transfer all related emp...
Gemserv and Trilliant Partner to Ensure Cyber Security and the Protection of Customer Data
Assuring appropriate security of connected devices to their customers and end-users LONDON, Dec. 14, 2020 /PRNewswire/ -- Gemserv Ltd, an expert provider of professional services, helping clients develop, embed and secure complex digital solutions and Trilliant, a global provider of smart commun...
SafeToNet Acquires Net Nanny
LONDON, Dec. 14, 2020 /PRNewswire/ -- SafeToNet Limited, one of the leading forces in child online safety, announces the acquisition ofUSA-headquartered Content Watch Holdings, Inc., the organisation that owns Net Nanny, one of the world's best known and most influential parental controls compani...
SoftBank Ventures Asia backs Korea's payment technology company CHAI in $60 Million Series B
SEOUL, South Korea, Dec. 14, 2020 /PRNewswire/ -- CHAI, one of the fastest growing payment technology companies in Korea, announced today a$60 million Series B financing round led by Korean conglomerate Hanwha Investment & Securities, with participation from SoftBank Ventures Asia, SK Networks, A...
Enel Green Power And Maire Tecnimont Group's NextChem Sign MOU For A Green Hydrogen Production Plant In The United States
ROME, Dec. 12, 2020 /PRNewswire/ -- Enel Green Power, through its subsidiary Enel Green Power North America, Inc. (EGPNA), and Maire Tecnimont S.p.A., through its company for the energy transition, NextChem, have signed a memorandum of understanding to support the production of green hydrogen via...
Enel Green Power And Maire Tecnimont Group's NextChem Sign MOU For A Green Hydrogen Production Plant In The United States
ROME, Dec. 11, 2020 /PRNewswire/ -- Enel Green Power, through its subsidiary Enel Green Power North America, Inc. (EGPNA), and Maire Tecnimont S.p.A., through its company for the energy transition, NextChem, have signed a memorandum of understanding to support the production of green hydrogen via...
Futurity Brands Acquires Worldwide Rights to Paul Frank, the acclaimed pop culture and life-style brand made famous by the iconic Julius the Monkey.
ZURICH, Dec. 11, 2020 /PRNewswire/ -- Futurity Brands Switzerland AG today announced the acquisition by its subsidiary, Paul Frank Limited, of all intellectual property rights worldwide to the acclaimedPAUL FRANK pop culture and character lifestyle brand. The global purchase from U.S. company Pau...
Irrawaddy Green Towers Limited: Sale of Company
DUBAI, UAE, Dec. 11, 2020 /PRNewswire/ -- The shareholders of Irrawaddy Towers Asset Holding Pte. Ltd. (the "Company"), including Blu Stone Management and M1 Group, have agreed today to sell the Company to CVC Capital Partners Asia V ("CVC"). The Company owns Irrawaddy Green Towers Limited ("IGT...
MINISO Announces Joint Venture for Headquarters Building Project in Guangzhou
GUANGZHOU, China, Dec. 11, 2020 /PRNewswire/ -- MINISO Group Holding Limited ("MINISO," or the "Company") (NYSE: MNSO), a fast-growing global value retailer offering a variety of design-led lifestyle products, today announced that it has formed a joint venture in theBritish Virgin Islands with YG...
Hyundai Motor Group to Acquire Controlling Interest in Boston Dynamics from SoftBank Group, Opening a New Chapter in the Robotics and Mobility Industry
* Hyundai Motor Group to acquire controlling interest in Boston Dynamics, valued at$1.1 billion, with the goal of advancing robotics and mobility to realize progress for humanity * The combination of the highly complementary technologies of Hyundai Motor Group and Boston Dynamics, and the con...
Synechron Acquires Attra
NEW YORK, Dec. 11, 2020 /PRNewswire/ -- Synechron Inc.
TCEB launches 'Festival Economy' policy to drive the development of festivals with lasting economic, social and environmental benefits
BANGKOK, Dec. 11, 2020 /PRNewswire/ -- Thailand Convention & Exhibition Bureau (TCEB) has launched a 'Festival Economy' policy to nurture partnerships between professional festival associations and local city governments to co-create new festivals with lasting economic, social and environmental i...
Abracon Acquires Fox Electronics
SPICEWOOD, Texas, Dec. 11, 2020 /PRNewswire/ -- Abracon LLC, today announced that it has acquired Fox Electronics, a privately held frequency control supplier headquartered inFort Myers, Florida. Mike Calabria, President and Chief Executive Officer stated, "We are very excited about the addition...
ZK International Group Co., Ltd. to Form Joint Venture and Bid on Hydropower Project with Total Estimated Cost of 4.9 Billion RMB
WENZHOU, China, Dec. 10, 2020 /PRNewswire/ -- ZK International Group Co., Ltd. ( Nasdaq: ZKIN) ("ZKIN", "ZK International" or the "Company"), a designer, engineer, manufacturer, and supplier of patented high-performance stainless steel and carbon steel pipe products primarily used for water and ga...
SpaceChain Receives Grant from EUREKA GlobalStars-Singapore Call to Jointly Develop Decentralised Satellite Infrastructure with Consortium Partners
HARWELL, England, Dec. 10, 2020 /PRNewswire/ -- EUREKA, in partnership with
Enterprise Singapore and Innovate UK, has awardedGBP440,000 in funding together
with access to research and development facilities and resources toSpaceChain
UK Limited
SC Ventures Invests in OpenFin
The strategic investment by Standard Chartered unit will help OpenFin meet growing demand for digital workspaces and app stores NEW YORK and LONDON, Dec. 10, 2020 /PRNewswire/ -- OpenFin, the operating system (OS) of finance, announced today that it secured a strategic investment from SC Venture...
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