Investment & Financing
IndiGrid Issues First AAA Debentures by an InvIT; Completes its First Investment in a Third-party Asset
MUMBAI, India, Sept. 4, 2018 /PRNewswire/ -- Key Highlights * Assets Under Management (AUM) reached INR 54.2 Bn * 4th accretive acquisition in last 12 months IndiGrid, India's first Infrastructure Investment Trust ("InvIT") in the power sector, successfully completed an investment in Pa...
Xiao-i and Actura Sign MOU for Strategic Partnership
SHANGHAI, Sept. 4, 2018 /PRNewswire/ -- Shanghai Xiaoi Robot Technology Co. Ltd ("Xiao-i"), a leading developer of artificial intelligence technology and industry application platforms inChina, has signed a Memorandum of Understanding ("MOU") with Actura International ("Actura"), an Australia-base...
Visionet and SmartPesa launch Mobey -- a next generation country-wide mPOS service across Indonesia
JAKARTA, Indonesia and SINGAPORE, Sept. 4, 2018 /PRNewswire/ -- PT Visionet Data Internasional, a leading provider of IT managed services for the financial industry, and SmartPesa, the market leader in mPOS (mobile Point of Sale) solutions for emerging markets, announced today the launch ofMobey ...
Olon Acquires Manufacturing Facility in India
MILAN, Sept. 3, 2018 /PRNewswire/ -- Olon S.p.A., a world leading Active Pharmaceutical Ingredients (API) contract development and manufacturing organization (CDMO) and generics supplier, announced today the acquisition of a local generics chemical operations API manufacturing facility in Mahad...
USI Signed Joint Venture Agreement with Cancon to Jointly Establish a Server Component Company
SHANGHAI, Sept. 1, 2018 /PRNewswire/ -- On March 25 this year, USI, a giant electronics designer and manufacturer in the world (SSE: 601231), and Cancon Information Industry Co., Ltd. (hereinafter referred to as Cancon) announced to sign a Memorandum of Understanding on establishment of a joint v...
Markel to acquire Nephila Holdings Limited
RICHMOND, Va. and NASHVILLE, Tenn., Aug. 31, 2018 /PRNewswire/ -- Markel Corporation ("Markel") (NYSE: MKL) and Nephila Holdings Limited ("Nephila") announced today that they have entered into a definitive agreement for Markel to acquire all of the outstanding shares of Nephila. Nephila is the...
Access Healthcare acquires revenue cycle services provider Pacific BPO
BPO acquisition will diversify customer portfolio and strengthen competitive
position of Access Healthcare in era of increasing cost constraints
DALLAS, Aug. 31, 2018 /PRNewswire/ -- Access Healthcare
Milbank Advises Korean Investors on Acquisition of Stake in Linden Topco
NEW YORK, Aug. 31, 2018 /PRNewswire/ -- Milbank, Tweed, Hadley & McCloy LLP represented Korean investors Hana Alternative Asset Management and Mirae Asset Daewoo in acquiring, along with Korean independent power producer GS EPS, a 10% equity stake in Linden Topco LLC, the indirect owner of a 972M...
Largest Lockscreen Media Platform Buzzvil Acquires India and Pakistan's SlideApp
- Softbank-backed Buzzvil acquires India and Pakistan's leading lockscreen content curator SlideApp - Second acquisition since US's largest lockscreen app, Slidejoy, in 2017 - Aims to widen global reach with internationally patented lockscreen SDK SEOUL, South Korea, Aug. 30, 2018 /PRNewswire/ -- ...
Innomdle Lab unveils three new Sgnl products at IFA 2018
SEOUL, South Korea, Aug. 30, 2018 /PRNewswire/ -- Samsung Electronics C-Lab's
first spin-off venture company,Innomdle Lab
Makeblock Announces RMB 300 Million Series C Funding
SHENZHEN, China, Aug. 30, 2018 /PRNewswire/ -- The leading STEAM education solution provider Makeblock today announces that it has closedRMB 300 Million (approx.US$44 million) in Series C funding at the latest valuation of RMB 2.5 billion (approx. US$367 million). This funding is led by CICC ALPH...
Encompass To Acquire Babcock's Media Services
Global technology services company has reached a definitive agreement to
purchase Babcock International Group's Media Services business
LONDON and ATLANTA, Aug. 29, 2018 /PRNewswire/ -- Encompass Digital Media
Ballard Signs Historic Strategic Collaboration With Weichai Power, Advancing China Strategy
* Equity investment of approximately $163M from Weichai, at 15% premium; Weichai to be Ballard's largest shareholder * Deal includes $90M technology transfer, Joint Venture establishment, Weichai commitment for at least 2,000 fuel cell commercial vehicles * Broad-Ocean Motors to increase hol...
Canadian Solar Partners with ET Energy to Build 132 MWp of Solar Projects in South Africa
GUELPH, Ontario, and PRETORIA, South Africa, Aug. 29, 2018 /PRNewswire/ -- Canadian Solar Inc. (the "Company" or "Canadian Solar") (NASDAQ: CSIQ), one of the world's largest solar power companies today announced it established a joint venture with ET Energy, a global clean energy developer and op...
UnaBiz Raises USD10 Million from KDDI/ SORACOM and ENGIE
SINGAPORE, Aug. 28, 2018 /PRNewswire/ -- UnaBiz, Sigfox's operator for Singapore andTaiwan, raised over USD10 million in its Series A funding round with strategic investments from KDDI and ENGIE. The round marks a new milestone in its mission to empower massive Internet of Things (IoT). The...
Eberspaecher and China Yuchai Subsidiary form Joint Venture
- Joint supplier and producer of China National 6 exhaust emission control systems for commercial vehicles - Construction of new production plant in Yulin - Sales and after sales services for on-road/off-road commercial vehicles including buses ESSLINGEN, Germany and SINGAPORE, Aug. 28, 2018 /PRN...
CreditEase Fintech Investment Fund Leads $62 Million Series C Round Investment in Upgrade
BEIJING, Aug. 28, 2018 /PRNewswire/ -- CreditEase, a Beijing-based leading FinTech company inChina, announced today that its venture fund, CreditEase FinTech Investment Fund ("CEFIF") has recently led$62 million Series C round investment in Upgrade. Other investors in this round of financing incl...
250 New Singaporean Startups to Benefit from TRIVE Pay-It-Forward Community Program
SINGAPORE, Aug. 28, 2018 /PRNewswire/ -- Southeast Asian-focused early stage
Venture CapitalTRIVE
Luokung Technology Announces Acquisition of Superengine Holding Limited
BEIJING, Aug. 27, 2018 /PRNewswire/ -- Luokung Technology Corp. (Nasdaq: KONE) ("LK" or the "Company"), a leading long-distance travel mobile service and technology service provider inChina, today announced that LK Technology Ltd., a wholly-owned subsidiary of the Company, has entered into a Stoc...
SafePro Group Launches Collaboration with Transamerica Life Bermuda in Singapore and Hong Kong
SafePro Group to provide security evacuation services as part of exclusive TLB Eminence programme SINGAPORE and HONG KONG, Aug. 27, 2018 /PRNewswire/ -- Global security and evacuation services firm SafePro Group has partnered with Transamerica Life ( Bermuda) Ltd. (Transamerica Life Bermuda)...
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