Investment & Financing

ABI Research Ranks Verizon, Trimble and Geotab as Top Commercial Telematics Suppliers

2018-01-23 22:00 1297

OYSTER BAY, N.Y., Jan. 23, 2018 /PRNewswire/ -- Verizon retains its lead among 12 strategic commercial telematics suppliers inABI Research's recent competitive analysis. Trimble and Geotab ranked second and third place, respectively. Trimble came remarkably close, benefitting from its scale, ext...

The WENZEL Group Earns Frost & Sullivan's Recognition as a Customer Value Leader with Its Unique Compact CT System

2018-01-23 16:00 1434

The exaCT U system offers a simplified, cost-effective, and fully automated workflow across the entire CT analysis process SANTA CLARA, Calif., Jan. 23, 2018 /PRNewswire/ -- Based on its recent analysis of the industrial computed topography (CT) systems industry, Frost & Sullivan recognizes TheW...

New Oriental Announces Results for the Second Fiscal Quarter Ended November 30, 2017

2018-01-23 16:03 1330

BEIJING, Jan. 23, 2018 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services inChina, today announced its unaudited financial results for the second fiscal quarter endedNovember 30, 2017...

China's co-working Unicorn Ucommune expands its turf to Sheung Wan, Hong Kong

2018-01-23 08:00 3233

BEIJING, Jan. 23, 2018 /PRNewswire/ -- Ucommune (Beijing) Venture Investment Ltd (known as Ucommune) has announced to launch its first location in Hongkong in February, on the heel of its C round funding which raised$179 million and the merger with New Space to formChina's largest coworking netwo...

Banro Announces Commencement of Court-Approved Sale and Investment Solicitation Process

2018-01-23 05:37 1565

TORONTO, Jan. 23, 2018 /PRNewswire/ -- On December 22, 2017,  Banro Corporation ("Banro") and itsBarbados based subsidiaries (collectively, the "Companies") commenced restructuring proceedings under theCompanies' Creditors Arrangement Act ("CCAA") pursuant to an initial order granted by the Ontar...

Electrolux to Acquire German Company in Professional Laundry

2018-01-22 21:57 1633

STOCKHOLM, Jan. 22, 2018 /PRNewswire/ -- Electrolux today announced it has agreed to acquire Schneidereit GmbH, a supplier of laundry rental solutions for professional customers inGermany and Austria. Schneidereit GmbH solutions allow customers a carefree experience by supporting the product thr...

Infosys Partners With A.S. Watson Group for Technology and Digital Transformation Initiatives

2018-01-22 17:46 1738

HONG KONG, Jan. 22, 2018 /PRNewswire/ -- Infosys (NYSE: INFY), a global leader in consulting, technology and next-generation services, today announced a strategic partnership with the A.S. Watson Group (ASW), the world's largest international health and beauty retailer,...

Mail.Ru Group Limited Acquisition of 100% of ESforce

2018-01-22 17:24 4231

MOSCOW, Jan. 22, 2018 /PRNewswire/ -- Mail.Ru Group Limited (MAIL.IL), one of the largest Internet companies in the Russian-speaking Internet market, announces the acquisition of 100% of ESforce, one of the largest eSports companies globally.      (Logo: http://mma.prnewswire.com/media/478583/Ma...

AmCham Chairman: Hong Kong Poised to Capture Fresh Business Opportunities in An Evolving Landscape

2018-01-19 18:19 1802

HONG KONG, Jan. 19, 2018 /PRNewswire/ -- The American Chamber of Commerce in Hong Kong (AmCham HK)'s new Chairman Jack Lange remains upbeat at his Inaugural Address aboutHong Kong's role to foster positive trade and economic relations betweenthe United States, Hong Kong and Mainland China amid ...

AIY Executes Binding Term Sheet to Acquire Interest in Box Digital Media Pty Ltd

2018-01-19 18:04 1566

MELBOURNE, Australia, Jan. 19, 2018 /PRNewswire/ -- The Directors of Authorised Investment Fund Limited ACN 068 793 322 (AIY or the Company) are pleased to announce that the Company has entered into a binding Term Sheet with Box Digital Media Pty Ltd ACN 605 098 539 (BDM) and its largest sharehol...

Ferrero to Acquire Nestle's U.S. Confectionary Business

2018-01-19 11:36 1661

Ferrero Is the Third-Largest Company in the Global Chocolate Confectionary Market and this U.S. Transaction Will Strengthen its Worldwide Position Will Become Third-Largest Confectionary Company in the U.S., Reflecting Strong Commitmentto Growth in a Key Strategic and Attractive Market Will Enha...

Frost & Sullivan Recognizes Bentley Systems as a Global Provider of Customer Value for Its Future-Ready Asset Performance Management Software Solutions

2018-01-18 21:00 1352

Bentley's asset performance software provides an open data-sharing platform to extend asset life cycles through proactive maintenance that improves productivity and reduces downtime SANTA CLARA, California, Jan. 18, 2018 /PRNewswire/ -- Based on its recent analysis of the asset performance mana...

Ossen Innovation Announces Voting Results of the Special Meeting of Shareholders

2018-01-18 20:30 1166

SHANGHAI, Jan. 18, 2018 /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, is pleased to announce the final voting results for the proposal considered at the Com...

Evercore Awarded Best M&A Adviser in Singapore at The Asset's Triple A Country Awards 2017 for a Third Consecutive Year

2018-01-18 08:00 1746

SINGAPORE, Jan. 18, 2018 /PRNewswire/ --  Evercore (NYSE: EVR), a leading global independent investment banking advisory firm, was once again recognised as the Best M&A Adviser inSingapore by The Asset magazine at its 2017 Triple A Country Awards ceremony held inHong Kong on 17 January 2018.  Lo...

Dragon Victory International Limited Reports First Six Months Fiscal 2018 Financial Results

2018-01-17 21:00 1268

HANGZHOU, China, Jan. 17, 2018 /PRNewswire/ -- Dragon Victory International Limited ("LYL" or the "Company"), a company offering reward-based crowdfunding opportunities and quality incubation services to entrepreneurs inChina, today announced its financial results for the first six months of fisc...

Tricor Group Announces New Group CEO and Non-Executive Chairman

2018-01-17 14:00 3514

HONG KONG, Jan. 17, 2018 /PRNewswire/ -- Tricor Group ("Tricor"), the leading provider of integrated Business, Corporate and Investor Services inAsia Pacific , is delighted to announce today the appointment ofLennard Yong as new Group CEO andGordon Watson as Non-Executive Chairman.

Schoeller Group Partners With Brookfield Business Partners to Acquire JP Morgan's Stake in Schoeller Allibert Group B.V. ("Schoeller Allibert"), Through a Joint Holding Company to be Renamed Schoeller Packaging

2018-01-17 09:05 2409

LONDON, Jan. 17, 2018 /PRNewswire/ -- Schoeller Packaging will hold 100% of Schoeller Allibert, one of Europe's largest manufacturers of returnable plastic packaging systems. Brookfield Business Partners, together with institutional partners (collectively, "Brookfield"), are providing capital t...

Ferrero to Acquire Nestle's U.S. Confectionary Business

2018-01-17 08:52 1939

Ferrero Is the Third-Largest Company in the Global Chocolate Confectionary Market and this U.S. Transaction Will Strengthen its Worldwide Position Will Become Third-Largest Confectionary Company in the U.S., Reflecting Strong Commitmentto Growth in a Key Strategic and Attractive Market Will Enha...

Toluna Announces Expansion of its Panel Reach and Operations into China

2018-01-16 22:30 1452

Toluna Parent Company, ITWP Acquisitions Limited has become majority shareholder of Shanghai KuRun Information Technology Co., Ltd ("KuRunData™") SHANGHAI, Jan. 16, 2018 /PRNewswire/ -- Toluna , a leading provider of on-demand, digital consumer insights, today announ...

Israeli VC JVP Named One of Top Consistently Performing VC Firms in the World by Preqin

2018-01-16 22:02 4080

JERUSALEM, Jan. 16, 2018 /PRNewswire/ -- Sole Israeli VC Fund included in Prestigious Ranking Comprising Leading VC Funds from the US, France, China, South Korea, Netherlands and Luxemburg Jerusalem Venture Partners ("JVP"), a leading Israeli venture capital fund, annou...

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