Investment & Financing

CStone Announces Completion of $200 million Share Sale to Pfizer

2020-10-12 08:05 7852

SUZHOU, China, Oct. 12, 2020 /PRNewswire/ -- CStone Pharmaceuticals ("CStone", HKEX: 2616) announced today the completion of the Share Subscription Agreement through which an affiliate of Pfizer Inc. ("Pfizer", NYSE: PFE) subscribed for newly issued CStone shares at approximatelyUS$200 million (e...

Competentia announces acquisition of Dare, significantly expanding footprint in the Asia Pacific region

2020-10-12 02:47 3305

STAVANGER, Norway, Oct. 11, 2020 /PRNewswire/ -- Competentia, the global recruiting and workforce management specialist, today announced the acquisition of Dare, a leading professional recruitment and contract staffing agency with a 30 year history, expanding the company's footprint in theAsia Pa...

French broad energy company Total leads strategic investment into HYZON Motors

2020-10-10 08:02 14828

- Hyzon Motors is a global supplier of hydrogen fuel-cell powered commercial vehicles, including heavy duty trucks, buses and coaches - Investment will support Hyzon's manufacturing and engineering centers in Honeoye Falls (New York), Groningen (Netherlands) and Shanghai (China) PARIS and NEW YO...

Agtech startup Ÿnsect extends Series C to $372 million to improve global food security and sustainability with first carbon negative and largest vertical farm in the world

2020-10-09 10:00 6152

Ynsect takes total financing to $425 million, more than the total amount raised by the entire insect protein sector globally - The capital will allow the company to complete the largest insect farm in the world, now under construction north ofParis, France, a negative carbon project, grow its pr...

Warburg Pincus to invest $95MN (INR 700 CR) in Home First - One of India's leading affordable housing finance companies

2020-10-09 01:54 8063

MUMBAI, India, Oct. 9, 2020 /PRNewswire/ -- US based private equity firm Warburg Pincus LLC ("Warburg Pincus"), through it's affiliate Orange Clove Investments BV, has entered into an agreement to invest about$95 MN (INR 700 Cr) in Home First Finance Company India Ltd ("Home First") onOctober 2, ...

MessageBird raises $200M Series C, at $3B valuation, as global demand for leading Omnichannel Platform-as-a-Service (OPaaS) surges during lockdown

2020-10-08 20:00 5358

* MessageBird solves customer communication complexity with the world's first and only Omnichannel Platform as a Service (OPaaS), comprising suite of tools includingInbox , Omnichannel Chat Widget  and Flow ...

Leading SME lending platform Validus the first fintech approved as a PFI by Enterprise Singapore

2020-10-08 17:50 7273

SINGAPORE, Oct. 8, 2020 /PRNewswire/ -- Southeast Asia's leading SME lending platformValidus Capital (Validus) is Singapore's first fintech to be approved as a Participating Financial Institution (PFI) under Enterprise Singapore'sEnterprise Financing Scheme

Vpon Big Data Group Launches US$10 million Debut Fund - Vpon Ventures

2020-10-08 17:21 6829

HONG KONG and TOKYO, Oct. 8, 2020 /PRNewswire/ -- Vpon Big Data Group ("Vpon"), the Asian leading big data company, gladly announces today the official launch of its strategic investment arm. Called Vpon Ventures, the initial capital of this evergreen fund is10 million US dollars. Vpon Venture's ...

Infosys to Acquire Award-Winning Digital Customer Experience, Commerce & Analytics Company, Blue Acorn iCi

2020-10-08 15:20 19978

Leading Adobe, Salesforce Commerce & Shopify Partner, further strengthens Infosys' digital capabilities acrossNorth America BENGALURU, India and RALEIGH, N.C., Oct. 8, 2020 /PRNewswire/ -- Infosys  (NYSE: INFY), a global leader in next-generation digital services and co...

Payrix Announces International Expansion as Digital Commerce Heats Up

2020-10-08 12:51 5261

BRISBANE, Australia, Oct. 8, 2020 /PRNewswire/ -- Payrix, the acknowledged leader in embedded fintech, today announced its official launch intoAustralia andNew Zealand - as it completed the acquisition of Brisbane-based payment service provider, IntegraPay. The company's expansion efforts will...

Ferrero-related Company announces agreement to acquire Fox's branded and retailer own-brand biscuit business from Northern Food Grocery Group Limited

2020-10-08 08:00 5647

SINGAPORE, Oct. 8, 2020 /PRNewswire/ -- CTH, a Ferrero-related Company today announced a definitive agreement pursuant to which it will acquire Fox's branded and retailer own-brand, including M&S, biscuit business from Northern Food Grocery Group Limited (NFGG). The business being sold generated...

Markel Consolidates All Property CAT Reinsurance Business Under Nephila

2020-10-07 23:17 20479

RICHMOND, Virginia, Oct. 7, 2020 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that it is creating one center of expertise for the global property catastrophe (CAT) reinsurance market by closing its Markel Global Reinsurance property CAT unit and having Nephila become Markel's ...

Blue Hat Announces its JV's Partnership with Tongsheng Education to Deliver Augmented Reality Immersive Classes to 320 Preschools in Guangzhou, China Over Three Years

2020-10-07 21:00 11610

XIAMEN, China, Oct. 7, 2020 /PRNewswire/ -- Blue Hat Interactive Entertainment Technology ("Blue Hat" or the "Company") (NASDAQ: BHAT), a leading producer, developer and operator of augmented reality ("AR") interactive entertainment games, toys and educational materials inChina, today announced F...

Hyundai Mobis Sets Out for Strategic Investment in AR HUD, investing in leading company, UK's Envisics

2020-10-07 21:00 3642

* Developing autonomous driving specialized AR HUD for mass production by 2025 * Implementing the 'First Mover' strategy targeting the premium market growing 12% a year * Increasing investment in infotainment in addition to autonomous driving and electrification SEOUL, South Korea, Oct. 7, 20...

Firmenich & Novozymes partner for great-tasting yogurt with unprecedented sugar reduction performance

2020-10-07 20:00 4911

New TasteGEM® SWL with Saphera® enables up to 50% sugar reduction without the use of sweeteners - while keeping a natural sweet taste GENEVA, Oct. 7, 2020 /PRNewswire/ -- Sugar reduction leader Firmenich, the world's largest privately owned perfume and taste company, and Danish biological soluti...

ZEISS partners with Microsoft for better patient care through data-driven healthcare and to enhance quality and efficiency in manufacturing

2020-10-07 17:00 3959

OBERKOCHEN, Germany, and REDMOND, Wash., Oct. 7, 2020 /PRNewswire/ -- Today, ZEISS Group and Microsoft Corp. announced a multi-year strategic partnership to accelerate ZEISS' transformation into a digital services provider that is embracing a cloud-first approach. By standardizing its equipment a...

Foot Locker, Inc. Selects Adyen to Power In-Store and Online Payments Internationally

2020-10-06 23:00 7321

AMSTERDAM, Oct. 6, 2020 /PRNewswire/ -- Adyen (AMS: ADYEN), the global payments platform of choice for many of the world's leading companies, announced today that it has been selected by Foot Locker, Inc., theNew York-based specialty athletic retailer, to power payments in various markets and sal...

Chargebee Secures $55M in Series F Funding to Capture the Global Shift to Subscriptions.

2020-10-06 22:30 3475

SAN FRANCISCO, Oct. 6, 2020 /PRNewswire/ -- Chargebee, Inc., the subscription billing and revenue operations platform powering thousands of fast-growth subscription businesses, today announced a new$55M Series F funding round led by Insight Partners. The current round of funding includes particip...

Red Box Partners with RingCentral to Deliver Next-Gen Voice and Video Capture Integrated with Unified Communications for Highly Regulated Businesses

2020-10-06 21:30 5306

LONDON and NEW YORK, Oct. 6, 2020 /PRNewswire/ -- Dedicated voice specialist, Red Box, today announced a new integration partnership with RingCentral, a leading provider of global enterprise cloud communications, collaboration, and contact center solutions. The integration will deliver access to ...

Fideuram - Intesa Sanpaolo Private Banking And REYL & Cie SA To Enter Into Long-term Strategic Partnership

2020-10-06 01:29 6754

- Fideuram - ISP PB will acquire a 69% interest in REYL and contribute to REYL its wholly-owned Swiss banking subsidiary Intesa Sanpaolo Private Bank (Suisse) Morval - Following the transaction, the combined bank will remain headquartered in Geneva and will count close to 400 employees, AUM of o...

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