Investment & Financing
Distribution and Listing of Electrolux Professional AB (publ)
STOCKHOLM, March 9, 2020 /PRNewswire/ -- On February 21, 2020 the Extraordinary General Meeting of AB Electrolux (publ) ("Electrolux") decided to distribute all shares in the wholly-owned subsidiary Electrolux Professional AB (publ) ("Electrolux Professional") to the shareholders of Electrolux. T...
OneSmart Enters Into Purchase Agreement with Yimi Online Tutoring
SHANGHAI, March 6, 2020 /PRNewswire/ -- OneSmart International Education Group Limited (NYSE: ONE) ("OneSmart" or the "Company"), a leading premium K-12 education company inChina, today announced that it has entered into an agreement with Yimi Education Technology Inc., its affiliated companies a...
Firmenich to Acquire DRT From Ardian
GENEVA, March 6, 2020 /PRNewswire/ -- Firmenich today announced that it has entered into exclusivity with Ardian, Tikehau Capital and family shareholders to acquire Les Derives Resiniques et Terpeniques ("DRT"). DRT is a world leader in plant-based chemistry, mainly from pine trees, and is one of...
Zuellig Pharma acquires Alliance Pharma (Cambodge) in Cambodia to strengthen Indochina presence
SINGAPORE, March 5, 2020 /PRNewswire/ -- Zuellig Pharma, a leading healthcare
services provider inAsia, has announced that it has acquired a controlling
stake in Alliance Pharma (Cambodge), a leading healthcare distributor ofCambodia
.
Future FinTech Completes Sale Transaction of HeDeTang HK
XI'AN, China, March 4, 2020 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT; the "Company"), a company engages in blockchain based e-commerce, today announced that the Company has completed the sale of HeDeTang Holdings (HK) Ltd. ("HeDeTang HK") to New Continent International Co., Ltd., a...
SuitePad Announces Its Latest Round of Funding Led by Riverside Acceleration Capital
BERLIN, March 5, 2020 /PRNewswire/ -- SuitePad
NEOM Named as Principal Partner of Mercedes-Benz EQ Formula E Team
Mercedes-Benz EQ Formula E Team signs long-term partnership with NEOM Engineering and software development opportunities for Saudi nationals are a core part of the agreement Enduring partnership to focus on sport, sustainability and mobility of the future, and on fostering young talent NEOM, Sa...
Sonata Software Makes Strategic Acquisition of GBW, a Leading Global Player in the Exciting Customer Experience (CX) Space
BANGALORE, India, March 4, 2020 /PRNewswire/ -- Sonata Software today announced signing of definitive agreements to acquire GAPbusters Limited (GBW), the Melbourne headquartered company that has been amongst pioneers in the CX domain, serving renowned brands globally for nearly thirty years. As c...
Cambridge Quantum Computing and Honeywell Announce New Investment and Strengthened Partnership
CAMBRIDGE, England, Mar. 3, 2020 /PRNewswire/ -- Cambridge Quantum Computing (CQC) announced today that Honeywell Ventures has deepened its collaboration with CQC by investing in the company. The investment comes after a significant period of collaboration between CQC and the quantum computing di...
Comviva Divests its Stake in TerraPay to Prime Ventures, Partech Partners and International Finance Corporation (IFC)
TerraPay raises $9.6 million fund for company's expansion
NEW DELHI, March 3, 2020 /PRNewswire/ -- Comviva
Lycamobile Spain Acquired by Fast Growing Spanish MNO Masmovil for €372m
LONDON, March 3, 2020 /PRNewswire/ -- Lycamobile, the world's largest mobile virtual network operator (MVNO) and part of the Lyca Group, is delighted to announce the sale of Lycamobile Spain ("the Company") to the publicly listed Masmovil, a Spanish mobile network operator (MNO). The deal is valu...
Bactiguard Completes Acquisition of Vigilenz
STOCKHOLM, March 2, 2020 /PRNewswire/ -- Bactiguard Holding AB (publ) ("Bactiguard") has completed the acquisition of Vigilenz Medical Devices and Vigilenz Medical Supplies (together Vigilenz), which was announced on4 February 2020. All conditions precedent have been fulfilled and the first part...
Gardner Denver and Ingersoll Rand Industrial Segment Finalize Merger to Form a Global Leader in Mission-Critical Flow Creation and Industrial Technologies
* Gardner Denver combined with Ingersoll Rand Industrial to provide a stronger, broader portfolio of mission-critical industrial, energy, medical and specialty vehicle products and services. * Newly combined company now named "Ingersoll Rand Inc." * Integration efforts on track to deliver $2...
Publicis Sapient Acquires Management Consultancy Third Horizon Strengthening its Global Strategy & Consulting Capability
SYDNEY, March 2, 2020 /PRNewswire/ -- Publicis Sapient has announced the completion of the strategic acquisition ofAustralia-based Management Consultancy firm, Third Horizon. The acquisition, which closed onFebruary 28th, expands the end-to-end digital transformation capability available to Publi...
Web Ventures Grows at WordCamp Miami With Acquisition of weForms WordPress Plugin
Latest Acquisition Simplifies, Improves Contact Form Building VIRGINIA BEACH, Virginia, Feb. 28, 2020 /PRNewswire/ -- Web Ventures, the Acquisitions and Investment arm of the InMotion Hosting family, announced today at WordCamp Miami that it has acquired weForms, an easy-to-use contact form bui...
Cambridge Quantum Computing Announces Significant New Quantum Technology Collaboration With CERN
CAMBRIDGE, England, Feb. 28, 2020 /PRNewswire/ -- Cambridge Quantum Computing ("CQC") announced today that it has joined CERN openlab in a collaboration - named the QUATERNION project - to explore the application of quantum technologies to particle physics. CQC is a global leader in the quantum ...
Liquibox Completes Acquisition of DS Smith Plastics
RICHMOND, Va., Feb. 27, 2020 /PRNewswire/ -- Liquibox, a portfolio company of Olympus Partners, has completed the acquisition of DS Smith plc's Plastics Division. The acquired division includes both rigid and flexible packaging businesses. The combined companies will have 35 manufacturing facilit...
Covestro invests in start-ups
* Investments in start-up companies planned in five areas * First investments have already been made LEVERKUSEN, Germany, Feb. 27, 2020 /PRNewswire/ -- Covestro is a start-up investor: With its Covestro Venture Capital (COVeC) approach, the company seeks to combine the needs of start-ups in a...
ClearVue Partners' portfolio company Pony.ai completes Series B round funding totaling USD 462 million
SHANGHAI, Feb. 27, 2020 /PRNewswire/ -- Shanghai-based private equity firm ClearVue Partners today announces that its portfolio company Pony.ai, a leading autonomous driving company inChina and the US, has completed Series B round funding ofUSD 462 million and puts Pony.ai's valuation at just ove...
Easyfairs Northeral Acquires Hotel & Restaurant Event
BRUSSELS, Feb. 26, 2020 /PRNewswire/ -- Easyfairs Northeral, the North African branch of Easyfairs, has announced the acquisition of SIEL - The International Exhibition for Hotel & Restaurant Equipment and Services. This 14-year-old event attracts +7000 visitors every year from the HoReCa sector ...
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