Investment & Financing

Osome Raises US$3m in Funding from XA Network and AltaIR Capital

2020-11-06 09:00 4890

SINGAPORE, Nov. 6, 2020 "/PRNewswire/ -- Osome, a growing super app in the accounting and corporate compliance space, has raisedUS$3 million in funding by XA Network and AltaIR Capital.  Small to medium sized businesses spend on average 120 days per year on administrative tasks, making it one of...

Osome Raises US$3m in Funding from XA Network and AltaIR Capital

2020-11-06 09:00 4841

SINGAPORE, Nov. 6, 2020 /PRNewswire/ -- Osome, a growing super app in the accounting and corporate compliance space, has raisedUS$3 million in funding by XA Network and AltaIR Capital.  Small to medium sized businesses spend on average 120 days per year on administrative tasks, making it one of ...

Bitauto Announces Completion of Merger

2020-11-06 03:35 11887

BEIJING, Nov. 5, 2020 /PRNewswire/ -- Bitauto Holdings Limited ("Bitauto" or the "Company") (NYSE: BITA), a leading provider of internet content & marketing services, and transaction services forChina's automotive industry, today announced the completion of the merger with Yiche Mergersub Limited...

Correction: WiMi Announces Acquisition of Fe-da Electronics Company Pte Ltd

2020-11-05 23:00 11345

BEIJING, Nov. 5, 2020 /PRNewswire/ -- WiMi Hologram Cloud Inc. (Nasdaq: WIMI) ("WiMi" or the "Company"), a leading augmented reality ("AR") service provider in China, announces that its wholly-owned subsidiary, VIYI Technology Inc. ("VIYI Technology"), has entered into an agreement for the acquis...

China XD Plastics Company Limited Announces Stockholders' Approval of Merger Agreement

2020-11-05 18:00 10723

HARBIN, China, Nov. 5, 2020 /PRNewswire/ -- China XD Plastics Company Limited (NASDAQ: CXDC) (the "Company"), one ofChina's leading specialty chemical companies engaged in the development, manufacture and sale of polymer composite materials primarily for automotive applications, today announced t...

Orisun Acquisition Corp. Announces Additional Contribution to Trust Account to Extend Period to Consummate Business Combination

2020-11-05 13:15 8901

NEW YORK, Nov. 5, 2020 /PRNewswire/ -- Orisun Acquisition Corp.(NASDAQ: ORSNU, the "Company"), a special purpose acquisition company, announced today that Ucommune Group Holdings Limited ("Ucommune") has deposited into the Company's trust account (the "Trust Account") a principal amount of$444,00...

Podcastle Raises $1.75 Million Seed Round to Create Next-Gen Podcast Platform.

2020-11-05 01:27 2302

The platform will be driven by machine learning and will support podcast creation and streaming. YEREVAN, Armenia, Nov. 5, 2020 /PRNewswire/ -- Podcastle, a company developing podcast creation tools for amateur and professional podcasters and a streaming platform for listeners, today announced t...

Delta Electronics Acquires Trihedral, a SCADA and IIoT Software Leader, to Facilitate a Broader Business in Digitized Manufacturing

2020-11-05 00:00 2710

FREMONT, Calif., Nov. 4, 2020 /PRNewswire/ -- Delta , a global leader in power and thermal management solutions, today announced it has closed the acquisition of Trihedral Engineering Limited, a SCADA and IIoT software company based inCanada . Under the terms of th...

Xinhua Silk Road: Guotai Junan Securities completes 1st refinancing securities lending transaction under new QFII/RQFII rules

2020-11-04 16:51 2851

BEIJING, Nov. 4, 2020 /PRNewswire/ -- Guotai Junan Securities and a world-renowned third-party qualified foreign institutional investor (QFII) completed the first QFII refinancing securities lending transaction in the A-share market on Monday, the first trading day after the new rules for QFII a...

Guotai Junan Securities completes 1st refinancing securities lending transaction under new QFII/RQFII rules

2020-11-04 16:18 2587

SHANGHAI, Nov. 4, 2020 /PRNewswire/ -- Guotai Junan Securities and a world-renowned third-party qualified foreign institutional investor (QFII) completed the first QFII refinancing securities lending transaction in the A-share market on Monday, the first trading day after the new rules for QFII ...

Maire Tecnimont Group's NextChem And Indian Oil Corporation Sign India's First Circular Economy MoU

2020-11-04 03:22 4280

MILAN, Nov. 4, 2020 /PRNewswire/ -- Maire Tecnimont S.p.A. announces that NextChem, the Group's subsidiary dedicated to green chemistry and technologies for the energy transition, andIndian Oil Corporation Ltd. (IndianOil), today have signed aMemorandum of Understanding for the development of ind...

Tradewind Finance Provides USD 2 Million Export Factoring Facility to Manufacturer of East Mediterranean Food based in Lebanon

2020-11-03 22:16 2393

NEW YORK, Nov. 3, 2020 /PRNewswire/ -- Tradewind Finance has announced the completion of aUSD 2 million post-shipment finance facility for a manufacturer and exporter of East Mediterranean food based inLebanon. The company sells beans, vegetarian dips, jams, olive oil, and other items and expo...

IFS acquires Clevest

2020-11-02 20:35 8488

LONDON, Nov. 2, 2020 /PRNewswire/ -- IFS announces it has completed the acquisition of Clevest Solutions Inc., the leading provider of mobile workforce management and advanced network deployment solutions in the utilities vertical. This acquisition extends IFS's leadership in service management s...

Lufkin Industries Acquires North American Rod Lift Business of Schlumberger N.V.

2020-11-02 20:00 6535

Expands Global Platform in Rod Lift Solutions MISSOURI CITY, Texas, Nov. 2, 2020 /PRNewswire/ -- Lufkin Industries ("Lufkin "), a portfolio company of KPS Capital Partners, LP ("KPS"), announced today that it has completed the acquisition of the North American Land Rod Lift Business (the "Rod Lif...

ASTRI publishes white paper on alternative credit scoring of MSMEs

2020-11-02 19:58 5178

HONG KONG, Nov. 2, 2020 /PRNewswire/ -- Commissioned by the Hong Kong Monetary Authority (HKMA), the Hong Kong Applied Science and Technology Research Institute (ASTRI) today publishes a white paper titled "Alternative Credit Scoring of Micro-, Small and Medium-sized Enterprises (MSMEs)", which o...

CARsgen Therapeutics Closes a USD 186 Million Series C Equity Financing to Accelerate Global Clinical Trials of its Cell Therapy Product Candidates

2020-11-02 19:00 4242

SHANGHAI, Nov. 2, 2020 /PRNewswire/ -- CARsgen Therapeutics Holdings Limited ("CARsgen"), a leading biotechnology company focused on innovation and development of chimeric antigen receptor (CAR) T-cell therapeutics, today announced the completion of aUSD 186 million Series C Equity Financing. The...

Milliman to begin operating in Sri Lanka, acquires consulting firm

2020-11-02 11:30 2160

SEATTLE, Nov. 2, 2020 /PRNewswire/ -- Milliman, Inc., a premier global consulting and actuarial firm, announced that it will begin operations inSri Lanka after an agreement to acquire Colombo-based Spark Actuarial Private Limited came into effect today. The new Milliman office will support local ...

Doo Holding Group Acquired A 30 Years Old US Securities Broker-Dealer, Peter Elish Investments Securities

2020-11-02 11:02 4138

HONG KONG, Nov. 2, 2020 /PRNewswire/ -- Doo Holding Group is pleased to announce that its acquisition of a 30 years oldUnited States (US) Securities Broker-Dealer, Peter Elish Investments Securities has been approved by the Financial Industry Regulatory Authority (FINRA), recently.

Nielsen Announces Sale of Global Connect Business to Advent International for $2.7 Billion

2020-11-02 10:05 8849

Advent, in partnership with former TransUnion CEO Jim Peck, will accelerate Nielsen Global Connect's transformation and support its continued innovation in consumer and market measurement Nielsen to hold a conference call to discuss today's announcements as well as its third quarter 2020 financi...

Prenetics Acquires Oxsed, Oxford University Spin-out to Scale Rapid COVID-19 Test Globally. Rapid Airport Testing has begun in Heathrow with Trials in Hong Kong International Airport.

2020-10-30 16:19 2711

* The Oxsed RaViD Direct test kit is highly accurate at 92% - 100%1 sensitivity, and provides a scalable and low-cost COVID-19 test which can be performed anywhere. Results in 15-30 minutes * The acquisition will accelerate global access and availability at reasonable cost, particularly for L...

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