Investment & Financing
Nippon Shokubai Teams with LiveDo and Total Care System to Spread Used Disposable Diaper-recycling Systems
OSAKA and FUKUOKA, Japan, Nov. 17, 2020 /PRNewswire/ -- - New Recycling Technology Developed for Superabsorbent Polymers - Nippon Shokubai Co., Ltd. (hereinafter "Nippon Shokubai"), LiveDo Corporation (hereinafter "LiveDo"), both headquartered inOsaka, Japan, and Total Care System Co., Ltd. (h...
Online Education Services (OES) Acquires Majority Stake in Construct
The transaction will strengthen OES and Construct services and open up new markets MELBOURNE, Australia and SALT LAKE CITY, Nov. 17, 2020 /PRNewswire/ -- OES has expanded its operations in the US, UK, andSouth Africa through a majority stake investment inConstruct, a global leader in online lea...
Baidu to Acquire JOYY's Live Streaming Business in China
BEIJING, Nov. 16, 2020 /PRNewswire/ -- Baidu, Inc. (NASDAQ: BIDU) ("Baidu" or the "Company"), a leading search engine, knowledge and information centered Internet platform and AI company, today announced that the Company had entered into definitive agreements with JOYY Inc. ("JOYY"). Pursuant to ...
Foundations: Turning G20 stimulus packages into game changers for climate and biodiversity
New study stresses the pivotal role of 'Nature-based Solutions' in addressing the crisis of biodiversity loss, climate change and global pandemics BEIJING, BERLIN, and WASHINGTON, Nov. 17, 2020 /PRNewswire/ -- In the run-up to the G20 summit inRiyadh, Kingdom of Saudi-Arabia, on November 21/22, a...
Covis Group Completes Acquisition of AMAG Pharmaceuticals
LUXEMBOURG and ZUG, Switzerland, Nov. 16, 2020 /PRNewswire/ -- Covis Group S.à r.l. ("Covis") today announced the completion of its acquisition of AMAG Pharmaceuticals, Inc. (NASDAQ: AMAG) through the successful tender offer for all of the outstanding shares of common stock of AMAG at$13.75 per s...
IBM to Acquire SAP Consulting Partner TruQua
Acquisition will bolster IBM Services' expertise in financial workflows with SAP and further strengthen the company's hybrid cloud growth agenda ARMONK, New York, Nov. 16, 2020 /PRNewswire/ -- As part of IBM's hybrid cloud growth strategy to drive digital transformation for clients, IBM (NYSE:...
Viatris Inc. Launches as a New Kind of Healthcare Company, Positioned to Meet the World's Evolving Healthcare Needs
PITTSBURGH, Nov. 16, 2020 /PRNewswire/ -- Viatris Inc. (NASDAQ: VTRS) launched today following the successful combination of Mylan N.V. and Pfizer's Upjohn business. By combining these two complementary legacy companies, Viatris has the scientific, manufacturing and distribution expertise with pr...
INOVIO Announces Initiation of Phase 2 Segment of its Phase 2/3 Clinical Trial for its COVID-19 DNA Vaccine Candidate, INO-4800; Trial Will Be Funded by the U.S. Department of Defense
PLYMOUTH MEETING, Pa., Nov. 16, 2020 /PRNewswire/ -- INOVIO (NASDAQ:INO), a biotechnology company focused on bringing to market precisely designed DNA medicines to treat and protect people from infectious diseases and cancer, today announced that it has received clearance from the U.S. Food & Dru...
VisIC Technologies, Ltd and AB Mikroelektronik GmbH, a major player in automotive battery disconnect switches, collaborate
NESS ZIONA, Israel, Nov. 16, 2020 /PRNewswire/ -- * Reliable battery disconnect and short circuit protection is required for high voltage battery systems * Fast D3GaN switching is a key advantage for a high voltage solid-state battery disconnect switch * D3GaN developed for the auto...
Sasol announces beneficial operation of Louisiana low-density polyethylene (LDPE) unit
LAKE CHARLES, La., Nov. 16, 2020 /PRNewswire/ -- Sasol today announced our LDPE unit reached beneficial operation on15 November 2020. The LDPE unit is the seventh and final Lake Charles Chemicals Complex unit to come online. The LCCP is now 100 percent complete with total capital expenditure fore...
AP Ventures invests USD 10 million into Happay targeting the Chinese market
SHANGHAI, Nov. 16, 2020 /PRNewswire/ -- The Australian-based investment company, which is set up to collaborate with and counts Afterpay as its largest shareholder, has completed aUSD 10 million investment in Happay, China's first BNPL (Buy Now Pay Later) platform, taking a 20% stake and valuing ...
Biortus Announces Round A Financing and Launches Global Cryo-EM Innovation Center
WUXI, China, Nov. 13, 2020 /PRNewswire/ -- Wuxi Biortus Biosciences Co. Ltd. ("Biortus"), a global leader in structural biology service for drug discovery, recently closed round A financing withUS$15 million investment led by Bayland Capital, and the fund will be used to establish a global cry...
Leading Autonomous Truck Startup Inceptio Technology Completed a New Capital Raising of US$120 Million
SHANGHAI, Nov. 13, 2020 /PRNewswire/ -- On November 9, 2020, Inceptio Technology, a leading autonomous truck company, announced itsUS$120 million funding led by Contemporary Amperex Technology Co., Limited (CATL), a global leader in the development and manufacturing of lithium-ion batteries. Inc...
Egis and Cylus Partner to launch a Center of Excellence, for Rail Cybersecurity Services
TEL AVIV, Israel, Nov. 13, 2020 /PRNewswire/ -- Egis and Cylus, the leading rail cybersecurity company, announced today that they are joining forces to form a Center of Excellence for advanced, rail-focused, cybersecurity services. The Center of Excellence will support rail companies around the...
TAL Announces Investment by a Global Growth Investment Firm
BEIJING, Nov. 12, 2020 /PRNewswire/ -- TAL Education Group (NYSE: TAL) ("TAL" or the "Company"), a leading K-12 after-school tutoring services provider in China, today announced that a global growth investment firm has agreed to purchase a total of approximatelyUS$1.5 billion of newly issued Class...
Visaic Acquires Video Platform Provider YARE Media
SAN DIEGO, Nov. 12, 2020 /PRNewswire/ -- Visaic, Inc., a provider of cloud-based content delivery solutions today announced the acquisition of successfulVancouver-based streaming platform company YARE Media. Together the companies will offer a scalable cloud-based content delivery and fan engagem...
Yeahka Achieves Stellar Latest Performance and Continues to Expand Its Marketing Services
HONG KONG, Nov. 12, 2020 /PRNewswire/ -- YEAHKA LIMITED ("Yeahka" or the "Company", stock code: 9923.HK), a leading technology platform inChina, recently announced an agreement to acquire a 42.5% stake in Beijing Chuangxinzhong Technology Co., Ltd. ("Chuangxinzhong") to accelerate expansion of i...
Alodokter Raises Series-C Extension Funding from MDI Ventures
JAKARTA, Indonesia, Nov. 12, 2020 /PRNewswire/ -- Alodokter
Bright Scholar Announces US$50 million Share Repurchase Program
FOSHAN, China, Nov. 11, 2020 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced that its board of directors (the "Board") has approved aUS$50 million share repurchase program, effe...
Spine Innovations gains its independence, aims for massive growth in sales of its ESP® Disc Replacements in Spine
HEIMSBRUNN, France, Nov. 11, 2020 /PRNewswire/ -- Following the acquisition of its parent company FH Ortho by Olympus Corporation, Spine Innovations has become a fully independent company — and dedicated itself to worldwide sales deployment of its ESP® disc replacements. This development demonstr...
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