Investment & Financing

Electrolux Issues SEK 1 Billion Green Bond

2019-03-25 16:11 310

STOCKHOLM, March 25, 2019 /PRNewswire/ -- Electrolux is issuing the first bond loan within its green bond framework, raisingSEK 1 billion to fund investments and other projects with environmental benefits. The bond is being issued under Electrolux existing EMTN (Euro Medium Term Note) program a...

Rhenus establishes its own network in South Africa by acquiring World Net Logistics

2019-03-25 08:15 578

JOHANNESBURG, March 25, 2019 /PRNewswire/ -- The Rhenus Group took over the South African freight forwarding and logistics specialist, World Net Logistics (WNL), which has its headquarters inJohannesburg, in March 2019. In addition to having a dense network of business sites inSouth Africa, the...

Arçelik to Acquire Singer Bangladesh Operations for $75 Million

2019-03-23 00:30 704

Arçelik continues to expand its footprint in Asia-Pacific, announcing the acquisition of Retail Holdings Bhold BV which is the majority shareholder of Singer Bangladesh, one of the leading home appliances retailers and manufacturers inBangladesh for $75 million The deal is key to Arçelik's strat...

Lear Invests in Israel-Based Maniv Mobility Venture Capital Fund

2019-03-22 16:18 692

SOUTHFIELD, Mich. and SHANGHAI, March 22, 2019 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has invested in anIsrael-based venture capital fund managed by Maniv Mobility that is focused on advancing mobility techn...

Yili inks deal with New Zealand's Westland Milk

2019-03-20 16:52 219

AUCKLAND, New Zealand, March 20, 2019 /PRNewswire/ -- China's largest dairy company Yili Group signed a conditional agreement withNew Zealand-based Westland Milk inAuckland on March 18. Representative...

NEXT Biometrics and WizCard to Enhance Biometric Smart Cards With Display Feature

2019-03-20 15:12 136

OSLO, Norway, March 20, 2019 /PRNewswire/ -- NEXT Biometrics (Oslo Bors: NEXT), a global leader in fingerprint sensor technology, announces that it has signed an agreement withTaiwan-based WizCard on the development of biometric smart card solutions. WizCard offers Build-In Module (BDM) design s...

Entropia and Rudra Labs Form Joint Venture To Launch Aladdin For B2C IoT Services.

2019-03-20 11:37 311

KUALA LUMPUR, Malaysia, March 20, 2019 /PRNewswire/ -- Entropia, the new age marketing consultancy has launched a newoffering - Aladdin in a joint venture with RudraLabs to bring Internet of Things (IoT) opportunities to consumer businesses and help them drive higher growth.

Entropia Launches Aladdin For B2C IoT Services In Joint Venture With Rudra Labs

2019-03-20 11:35 305

KUALA LUMPUR, Malaysia, March 20, 2019 /PRNewswire/ -- Entropia, the new age marketing consultancy has launched a new offering - Aladdin in a joint venture with RudraLabs to bring Internet of Things (IoT) opportunities to consumer businesses and help them drive higher growth.

AnyMind Group Raises Additional US$8 Million, Finalizing Total Series B at US$21.4 Million

2019-03-20 10:00 328

SINGAPORE, March 20, 2019 /PRNewswire/ -- AnyMind Group , an AI solutions provider for the advertising, influencer marketing and human resource industries, has today announced the closure ofits Series B Plus round at US$8 million, bringing the company's Series B total ...

AnyMind Group Acquires Leading Thai Multi-Channel Network Moindy, Launches CastingAsia Creators Network

2019-03-20 10:00 988

SINGAPORE, March 20, 2019  /PRNewswire/ -- AnyMind Group , an AI solutions provider, has today announced the completion of a majority acquisition forMoindy Digital Co Ltd (Moindy) , the leading multi-channel network in Thailand , fromTV T...

Cobalt 27 Provides Status Update on Acquisition of Highlands Pacific

2019-03-19 20:30 261

TSX Venture:  KBLT OTCQX:  CBLLF FRA:  27O TORONTO, March 19, 2019 /PRNewswire/ -- Cobalt 27 Capital Corp. ("Cobalt 27" or the "Company") (TSXV:KBLT) (OTCQX: CBLLF) (FRA: 27O), a battery metals streaming and royalty company, is pleased to provide a status update on its previously announced acqui...

Mindtree Promoters Condemn, Remain Unconditionally Opposed to Reported Larsen & Toubro Takeover Bid

2019-03-19 13:58 252

BANGALORE, India, March 19, 2019 /PRNewswire/ -- The promoters of Mindtree , a global technology services and Digital transformation company, today said they would unconditionally oppose the reported hostile takeover bid by Larsen & Toubro Ltd. The promoters, including ...

INTL FCStone Acquires the Futures and Options Brokerage and Clearing Business of UOB Bullion and Futures Limited in Singapore

2019-03-19 12:45 256

SINGAPORE, March 19, 2019 /PRNewswire/ -- INTL FCStone Inc. (NASDAQ: INTL) today announced that its Singaporean subsidiary INTL FCStone Pte Ltd ("IFP") has executed an asset purchase agreement to acquire the futures and options brokerage and clearing business of UOB Bullion and Futures Limited, a...

Agritrade Resources Announces Completion of Acquisition of Entire Issued Share Capital of SKS Power Generation (Chhattisgarh) Limited

2019-03-18 21:09 567

HONG KONG, March 18, 2019 /PRNewswire/ -- Agritrade Resources Limited (" Agritrade Resources" or the "Company", stock code: 1131.HK, or together with its subsidiaries collectively referred to as the "Group") is pleased to announce the completion of the acquisition (the "Acquisition") in relation t...

OneWeb Secures $1.25 Billion in New Funding After Successful Launch

2019-03-18 18:55 401

LONDON, March 18, 2019 /PRNewswire/ -- OneWeb, a global communications company with a mission to bring connectivity to everyone, everywhere, announces it has secured its largest fundraising round to date with the successful raise of$1.25 billion in new capital. This brings the total funds raised ...

Tookitaki raises US$7.5 mn Series A from Global VCs to transform regulatory compliance

2019-03-18 06:00 254

SINGAPORE, March 18, 2019 /PRNewswire/ -- Tookitaki , a regulatory technology company that aims to enable financial institutions to develop sustainable compliance programs, has raisedUS$7.5 million in Series A round.  The round was co-led by London-based Illuminate Fi...

Global Waves Platform's Vostok Project With Chinese Investors to Raise $120 Million in Private Funding Round

2019-03-15 09:00 425

- Waves Platform to raise second round of private investment in its "Vostok" project - Vostok project consists of the Vostok distributed digital platform and the Vostok system integrator for enterprise and government IT systems - Raise follows first round $120 million, funded by high net w...

HYPE Sports Innovation: Fast Track to Success for Asia Pacific Sports Tech Startups

2019-03-15 05:00 237

BRISBANE, Australia, March 14, 2019 /PRNewswire/ -- The second round of the largest network of sports tech accelerators worldwide is beginning mid-April in Brisbane and only a few more slots are available to participate. ...

Inspur and Intel Jointly Launches the First High-Density Cloud-Optimized Four-Socket Platform for CSP Market

2019-03-15 04:02 223

SAN JOSE, CA, March 14, 2019 /PRNewswire/ -- On March 14th at the OCP Global Summit, Inspur, a leading global data center infrastructure provider, and Intel, a leader in the semiconductor industry, jointly announced the plan to contribute a High-density Cloud-optimized platform to the OCP Communi...

Merck Announces Collaboration With Iktos for Generative Artificial Intelligence (AI) Technology

2019-03-14 21:14 214

DARMSTADT, Germany, March 14, 2019 /PRNewswire/ -- Not intended for US, Canada and UK-based media * Collaboration agreement enables Merck access to Iktos AI technology across three drug discovery projects * Generative modelling AI technology enables rapid and cost-effective design of novel ...

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