Investment & Financing

KYMCO Officially Enters India Market with 22KYMCO Brand Launch

2019-06-26 19:38 232

GURGAON, India, June 26, 2019 /PRNewswire/ -- KYMCO, a leading professional powersports brand, recently announced the official launch of the new brand 22KYMCO through a deepened partnership with Indian smart electric vehicle (EV) manufacturer 22Motors, building on a strategic cooperation establish...

Saudi Aramco Signs 12 Agreements With South Korean Partners Worth Billions of Dollars

2019-06-26 19:14 877

- The agreements demonstrate Saudi Aramco's commitment to South Korea's energy security and development - The agreements cover ship building, engine manufacturing, refining, petrochemicals, as well as crude supply, sales, and storage  SEOUL, June 26, 2019 /PRNewswire/ -- Saudi Aramco and its aff...

Wunder Carpool Is Collaborating With Public and Private Institutions to Facilitate Carpooling in Manila and Worldwide

2019-06-26 08:41 259

MANILA, Philippines and HAMBURG, Germany, June 26, 2019 /PRNewswire/ -- * Together with its community, Wunder has created the largest ecosystem of carpoolers outside ofChina thereby helping reduce more than 30,000 cars off the streets ofManila each day. * Wunder has embarked on its next phase...

Corteva Recommends Stockholders Reject Mini-Tender Offer by TRC Capital Corporation

2019-06-25 18:45 367

WILMINGTON, Delaware, June 25, 2019 /PRNewswire/ -- Corteva, Inc. (NYSE: CTVA) ( www.corteva.com), a global leader in seed and crop protection, has been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation ("TRC") to purchase up to 5,000,000 shares, or approximately 0.67 perce...

Trax Acquires Shopkick to Bridge the Gap Between Mobile and Physical Worlds of Retail

2019-06-25 00:01 322

SINGAPORE and REDWOOD CITY, California, June 25, 2019 /PRNewswire/ -- Trax , the world's leading provider of computer vision and analytics solutions for retail, today announced its acquisition ofShopkick , the leading shopping rewards app in the ...

Holistica, a new joint venture, innovates destination development for evolving world

2019-06-24 19:59 516

'Win-win-win' for communities, travelers and multiple cruise lines is the goal of partnership between Royal Caribbean Cruises Ltd. and ITM Group MIAMI, June 24, 2019 /PRNewswire/ -- Two respected leaders in the travel and tourism industry, Royal Caribbean Cruises Ltd. (NYSE: RCL) and privately-he...

Tradewind Provides Trade Finance Facility for Printing Supplies Manufacturer and Exporter based in China

2019-06-24 14:01 711

HONG KONG and SHANGHAI, June 24, 2019 /PRNewswire/ -- Tradewind  has closed a $1.1 million export factoring facility for a printing supplies manufacturer based inChina to ease its 90-day O/A cash flow pressure after delivery.

Tradewind Provides Trade Finance Facility for Printing Supplies Manufacturer and Exporter based in China

2019-06-24 13:18 372

HONG KONG and SHANGHAI, June 24, 2019 /PRNewswire/ -- Tradewind  has closed a $1.1 million export factoring facility for a printing supplies manufacturer based inChina to ease its 90-day O/A cash flow pressure after delivery. The company's annual business volume is ...

Acutus Medical Announces $170 Million Financing

2019-06-24 10:00 664

CARLSBAD, California, June 24, 2019 /PRNewswire/ -- Acutus Medical today announced a$170 million financing, including a $100 million Series D equity financing and a$70 million credit facility. The funding is intended to accelerate commercialization and facilitate global business development acti...

Suning.com announces the acquisition of Carrefour China to achieve leaping development of FMCG retailing operations

2019-06-24 08:39 1076

NANJING, China, June 24, 2019 /PRNewswire/ -- Suning.com (the Company), the Fortune Global 500 retailer owned by Suning Holdings Group, one of the largest commercial enterprises inChina, announced today it would buy an 80% equity stake in Carrefour China for €620 million (RMB 4.8 billion). After ...

China Literature and Singtel Forge Strategic Partnership to Promote Online Literature in Southeast Asia

2019-06-22 16:48 595

SINGAPORE, June 22, 2019 /PRNewswire/ -- China Literature Limited ("China Literature" or "the Company") (Stock Code: 0772.HK), a leading online literature platform inChina, today announced a strategic partnership with Singapore Telecommunications Limited ("Singtel"), a leading communications tec...

MMC Signed Deal with Aeronext on Joint Development of 4D Gravity Drone

2019-06-22 11:28 417

SHENZHEN, China, June 21, 2019 /PRNewswire/ -- China's largest industrial UAV manufacturer MMC (Micromulticopter Aviation) signed deal with Aeronext on joint development of 4D Gravity drone onJune 20th in Shenzhen. The two companies will jointly bring into implementation the idea of 4D gravity dr...

Mahindra Finance and Manulife form Asset Management Joint Venture in India

2019-06-21 18:16 293

* Manulife Investment Management enters India for the first time through this joint venture * Aims to become a premier provider of retail investment solutions * Brings together respective strengths of Mahindra and Manulife to meet the growing needs of Indian consumers MUMBAI, India and NEW D...

Casablanca and Toronto Forge Closer Links to Foster Global Financial Services Collaboration

2019-06-21 15:00 593

TORONTO, June 21, 2019 /PRNewswire/ -- Casablanca Finance City (CFC) and Toronto Finance International (TFI) today signed a Memorandum of Understanding (MoU), facilitating increased access and co-operation between theCasablanca and Toronto financial centres, and Africa and Canada more broadly. Th...

SPIE To Acquire Photonex, UK's Top Photonics Exhibition

2019-06-21 05:42 229

BELLINGHAM, Washington and CARDIFF, Wales, June 21, 2019 /PRNewswire/ -- SPIE, the international society for optics and photonics,has agreed to purchase Xmark Media, organizer of key UK photonics exhibitions. The acquisition expands SPIE activities inEurope, where its technical events are support...

Bright Scholar Expands Overseas School Portfolio

2019-06-20 18:00 243

FOSHAN, China, June 20, 2019 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), the largest operator of international and bilingual K-12 schools inChina*, today announced that it entered into agreements to acquire 100% equity i...

SKF Acquires Cleantech Start-up Company

2019-06-20 17:44 364

GOTHENBURG, Sweden, June 20, 2019 /PRNewswire/ -- SKF has acquired RecondOil Sweden AB, a Swedish cleantech start-up that has developed a chemical filtration and rejuvenation process for industrial lubrication fluid and slop oil. RecondOil's turnover in 2017 was SEK 10 million and the acquisitio...

QuEST Global Acquires Dakota Moon to Solve Complex Engineering Problems in Supply Chain Management

2019-06-20 14:49 288

HENDERSON, Nevada, June 20, 2019 /PRNewswire/ -- QuEST Global , a global product engineering and lifecycle services company, acquired Dakota Moon Enterprises LLC, aNevada based engineering and supply chain services provider to the aerospace industry. The acquisitio...

Haoqipei Secures US $60 Million in Series D Funding to Further Accelerate Growth of its Online B2B Auto Parts Marketplace

2019-06-20 06:00 446

Lead Investor Access Technology Ventures Joins Haoqipei Board of Directors SHANGHAI, June 20, 2019 /PRNewswire/ -- Business-to-business (B2B) auto parts trading platform Haoqipei today closed US$60 million in Series D financing to continue its rapid growth acrossChina. Access Technology Ventures ...

IFS and Acumatica to Form Global Cloud ERP Powerhouse Under EQT Ownership

2019-06-19 22:18 192

LONDON and BELLEVUE, WA, June 19, 2019 /PRNewswire/ -- EQT Partners, a leading investment firm with$45B (€40B) of assets under management, has announced the signing of a definitive agreement to acquire cloud-native enterprise software provider Acumatica through an investment vehicle owned by the ...

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