Investment & Financing
TCTM Announces Entering into An Intangible Asset Purchase Agreement
BEIJING, April 7, 2025 /PRNewswire/ -- TCTM Kids IT Education Inc. (NASDAQ: TCTM) ("TCTM" or the "Company"), a leading provider of IT-focused supplementary STEM education services inChina, today announced that it has entered into an intangible asset purchase agreement with Jeethen International C...
Dachser grows through acquisitions
* Group revenue increased by 13 percent in 2024. * Record investments totaling around EUR 490 million. Almost EUR 400 million in additional investments planned for 2025. * Contract logistics grew by almost 720,000 additional pallet spaces. HONG KONG, April 7, 2025 /PRNewswire/ -- Global log...
XChange TEC.INC Announces Acquisition of Hong Kong Insurance Brokerage Firm to Expand Market Presence
SHANGHAI, April 4, 2025 /PRNewswire/ -- XChange TEC.INC (NASDAQ: XHG) (the "Company"), today announced the acquisition of aHong Kong-based insurance brokerage firm licensed by the Hong Kong Insurance Authority. This transaction grants the Company direct access toHong Kong's dynamic insurance mark...
Shell to sell interest in Colonial Enterprises Inc. to Brookfield subsidiary
HOUSTON, April 4, 2025 /PRNewswire/ -- Shell Midstream Operating LLC (SMUS), a subsidiary of Shell plc ("Shell"), has agreed to sell its 16.125% interest in Colonial Enterprises, Inc. ("Colonial") to Colossus AcquireCo LLC, a wholly owned subsidiary of Brookfield Infrastructure Partners L.P. and ...
New funding arrangements for Mainstream finalized
FORNEBU, Norway, April 3, 2025 /PRNewswire/ -- Aker Horizons ASA ("Aker Horizons") has agreed on new funding arrangements for Mainstream Renewable Power ("Mainstream") with DNB ASA ("DNB") and co-shareholder Mitsui & Co., Ltd. ("Mitsui"). The new funding will enable Mainstream to deliver on its ...
OSR Holdings, Inc. (NASDAQ: OSRH) Enters Into $80 Million Common Stock Purchase Agreement With White Lion GBM Innovation Fund, With An Eye Towards Leveraging Innovate GBM's Non-Profit Ecosystem to Accelerate Glioblastoma Therapies
SEOUL, South Korea, April 3, 2025 /PRNewswire/ -- OSR Holdings, Inc. ("OSR") (NASDAQ: OSRH), a global healthcare company focused on advancing innovative therapies, today announced that it has entered into a Common Stock Purchase Agreement with White Lion GBM Innovation Fund ("Innovation Fund")...
Jewelers Mutual® Group Acquires Q Report
The acquisition creates a competitive advantage that will expand the Group's footprint intoAustralia and allow for operational synergies that will benefit the global jewelry market. NEENAH, Wis., April 3, 2025 /PRNewswire/ -- Jewelers Mutual® Group, the insurance and business solutions provider ...
Opsera Raises $20M to Drive AI-Powered DevOps Platform Innovation, Accelerating AI Agent Adoption and Developer Efficiency
Opsera reports 200% revenue growth since raising Series A+ and expands Unified Insights with AI code assistant integrations to improve developer experience. SAN FRANCISCO, April 2, 2025 /PRNewswire/ -- Opsera, the AI-Powered DevOps platform trusted by top Fortune 1000 companies, today announced i...
Trina Storage Powers One of South Australia's Largest Energy Storage Projects with Remarkable Product Strength, Enabling AUD 460 Million Financing
SHANGHAI, April 1, 2025 /PRNewswire/ -- Trina Storage, a global leader in energy storage solutions, has played a pivotal role in enabling Pacific Green to secure AUD 460 million in financing for the Limestone Coast North Energy Park. The 250MW/500MWh battery energy storage system (BESS), supplied...
CMS Asset Management (HK) launched CMS Hang Seng Tech Index ETF (Stock Code: 3423.HK) to Capture Growth Opportunities for the Technology Enterprises in China
Important Risk Disclosures and Fund Information CMS Hang Seng Tech Index ETF (the "Sub-Fund") is a sub-fund of CMSAM(HK) Funds Series 1 OFC which is a public umbrella open-ended fund company established underHong Kong law with variable capital with limited liability and segregated liability...
BRP to Sell its Telwater Business to Yamaha Motor Australia
VALCOURT, QC and BRISBANE, Australia, April 1, 2025 /PRNewswire/ -- BRP Inc. (TSX: DOO) (NASDAQ: DOOO) announces today that it has entered into a definitive agreement to sell 100% of the outstanding shares of Telwater Pty, Ltd. to Yamaha Motor Australia Pty Ltd., a subsidiary of Yamaha Motor Co.,...
EDGNEX Data Centers by DAMAC Confirms Strategic Partnership with Nordic Data Center Developer Hyperco
* New acquisition in Nordics is part of the company's ambitious European and global expansion plan. * The acquisition is expected to strengthen the expansion of the Hyperco brand further by adding significant growth capital to deliver significant future capacity in the Nordics DUBAI, UAE, Apr...
SITA ACQUIRES CCM TO BRING TO LIFE THE AIRPORTS OF THE FUTURE BY INTEGRATING TRAVEL TECH WITH HIGH-END DESIGN
This move strengthens SITA's offering, integrating processes, tech and design under one end-to-end solution to better advise customers and deliver smarter, more efficient and better airports with smoother passenger experiences. GENEVA, March 31, 2025 /PRNewswire/ -- As airports invest heavily in ...
BSO Acquires InterCloud, Bolstering High-Performance Cloud Connectivity Solutions
PARIS, March 31, 2025 /PRNewswire/ -- BSO, a global provider of advanced infrastructure and connectivity solutions, today announced the acquisition of InterCloud, a leading provider of direct connectivity to public and private cloud environments. This strategic acquisition significantly strengthe...
XJTLU-Baidu AI joint venture launched
SUZHOU, China, March 31, 2025 /PRNewswire/ -- On 26 March, Suzhou Pudu Co-Intelligence Technology Company, a joint venture between Xi'an Jiaotong- Liverpool University (XJTLU) and Baidu Group, was launched as China's first AI-focused joint venture co-founded by Baidu and a university. AI+educatio...
Ceva Animal Health renews its shareholding structure with all its long-standing partners and opens its capital to Mérieux Institute and ARCHIMED to accelerate its growth.
LIBOURNE, France, March 31, 2025 /PRNewswire/ -- Ceva Animal Health
Fosun International Successfully Refinanced USD 870 Million Offshore Syndicated Loan
HONG KONG, March 28, 2025 /PRNewswire/ -- Fosun International (HKEX stock code: 00656, hereinafter referred to as "Fosun International", "Fosun", or the "Company") has successfully completed the refinancing of aUSD 870 million equivalent syndicated loan due onMarch 28, 2025. Of this amount, USD 6...
EPSIUM ENTERPRISE LIMITED Announces Closing of US$5.0 Million Initial Public Offering
MACAU, March 27, 2025 /PRNewswire/ -- EPSIUM ENTERPRISE LIMITED (Nasdaq: EPSM) (the "Company" or "EPSIUM"), a company engaged in importing and wholesaling primarily alcoholic beverages inMacau, today announced the closing of its initial public offering (the "Offering") of 1,250,000 ordinary share...
Nanoprecise Closes US$38M Series C
Nanoprecise Secures US:38 million in Series C funding in a combined equity &
debt round to make industrial maintenance smarter, faster, and more predictable
EDMONTON, AB, March 27, 2025 /PRNewswire/ -- Nanoprecise Sci Corp
TCab Tech Secures B+ Round Funding to Accelerate Commercialization of E20 eVTOL in Low-Altitude Economy
SHANGHAI, March 27, 2025 /PRNewswire/ -- TCab Tech, a pioneer in the development of electric vertical takeoff and landing (eVTOL) aircraft, today announced the successful completion of B+ round financing. The round was co-led by Grand Neo Bay Venture Capital and Chiforturne Venture Capital, both ...
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