Investment & Financing

Quess Corp Reinforces its Services Platform Through Two Major Acquisitions to Buy Monster's Business Across India, SE Asia & the Middle East and the Care Business of HCL Services

2018-02-01 18:06 219

BENGALURU, India, Feb. 1, 2018 /PRNewswire/ -- Quess Corp, India's leading integrated business services provider announced today that it has signed definitive agreements to buy: * Monster India and its business in South East Asia and the Middle East ("Monster") from Monster Worldwide Inc. * ...

Changyou.com Receives Letter Regarding Previous Preliminary Non-Binding Proposal to Acquire the Company

2018-02-01 16:15 211

BEIJING, Feb. 1, 2018 /PRNewswire/ -- Changyou.com Limited ("Changyou" or the "Company") (NASDAQ: CYOU), a leading online game developer and operator inChina , today announced that onJanuary 30, 2018 its board of directors (the "Board") received a letter from Dr.Charles Zhang, the Chairman of the ...

SSLJ.com Limited Announces First Closing of its Initial Public Offering

2018-02-01 08:40 312

Company to Trade on NASDAQ Capital Market Under Ticker Symbol "SSLJ" WUHAN, China, Jan. 31, 2018 /PRNewswire/ -- SSLJ.com Limited (the "Company"), a vertically integrated O2O home decoration service and product provider inChina , today announced the first closing of its initial public offering ("I...

AEM Holdings expands into MEMS testing, acquiring leading European solutions provider Afore Oy

2018-02-01 08:00 212

HELSINKI, Jan. 31, 2018 /PRNewswire/ -- AEM Holdings today announces the acquisition of Afore Oy, a leading Micro-Electro-Mechanical Systems (MEMS) test solutions provider based inFinland. With the acquisition, AEM broadens its global solution offerings beyond logic IC handlers and RF test & meas...

Shell wins nine key blocks in Mexico deep-water bid round

2018-02-01 07:58 149

MEXICO CITY, Feb. 1, 2018 /PRNewswire/ -- In today's deep-water bid round for the Mexican Gulf of Mexico, Shell Exploración y Extracción de México, S.A. de C.V., ("Shell") won four exploration blocks on its own, one with its partner Pemex Exploración y Producción and four with its partner Qatar P...

Shell Announces Large Deep-Water Discovery In Gulf Of Mexico

2018-02-01 00:25 182

HOUSTON, Feb.1, 2018 /PRNewswire/ -- Shell Offshore Inc. ("Shell") today announced one of its largest U.S.Gulf of Mexico exploration finds in the past decade from the Whale deep-water well. The well encountered more than 1,400 net feet (427 meters) of oil bearing pay. Evaluation of the discovery ...

Ribbon Communications Appoints Tony Scarfo Executive Vice President of Products and R&D

2018-01-31 21:00 254

30-year industry veteran brings extensive record of innovation, leadership and vision in telecommunications, security and cloud communications WESTFORD, Massachusetts, Jan. 31, 2018 /PRNewswire/ -- Ribbon Communications Inc. (Nasdaq: RBBN), a global leader in secure a...

Nanjing Ying Peng Becomes Major Shareholder of China Cord Blood Corporation

2018-01-31 21:00 311

HONG KONG, Jan. 31, 2018 /PRNewswire/ -- China Cord Blood Corporation (NYSE: CO) ("CCBC" or the "Company"),  a leading cord blood bank operator inChina, today announced that Nanjing Ying Peng Hui Kang Medical Industry Investment Partnership (limited partnership) ("Nanjing Ying Peng"), via its su...

Nanjing Ying Peng Becomes Major Shareholder of China Cord Blood Corporation

2018-01-31 21:00 254

HONG KONG, Jan. 31, 2018 /PRNewswire/ -- China Cord Blood Corporation (NYSE: CO) ("CCBC" or the "Company"),  a leading cord blood bank operator in China, today announced that Nanjing Ying Peng Hui Kang Medical Industry Investment Partnership (limited partnership) ("Nanjing Ying Peng"), via its su...

Engine Biosciences Raises $10 Million in Seed Financing to Accelerate Drug Discovery Using Genomics and Artificial Intelligence

2018-01-31 19:00 236

San Francisco- and Singapore-based biotech company raises $10 million in seed round from leading American and Asian investors; round was co-led by DHVC (Danhua Capital) and 6 Dimensions Capital, with participation from WuXi Apptec, EDBI, Pavilion Capital, Baidu Ventures, WI Harper, and Nest.Bio V...

Electrolux - President and CEO Jonas Samuelson's Comments on the Results for the Fourth Quarter 2017

2018-01-31 16:30 261

STOCKHOLM, Jan. 31, 2018 /PRNewswire/ -- Electrolux reached an operating margin of 6.1% during 2017, an improvement of close to 20%. This was an important step on the journey towards profitable growth, supported by a strong focus on product portfolio management and cost efficiencies. The year e...

Electrolux Consolidated Results 2017

2018-01-31 15:36 279

STOCKHOLM, Jan. 31, 2018 /PRNewswire/ -- Highlights of the fourth quarter of 2017 * Net sales increased to SEK 32,366m (32,144) * Organic sales growth was 4.0%, contribution from acquisitions and divestments was 1.4% while currency translation had a negative impact of 4.7% * Operating inco...

Avaya Acquires Spoken Communications, a Leading Contact Center as a Service Provider

2018-01-31 10:00 208

DUBAI, UAE, January 31, 2018 /PRNewswire/ -- Avaya Holdings Corp. (NYSE: AVYA), a leading global business communications company announced it has signed a definitive agreement to acquire Spoken Communications ("Spoken"), a leading innovator in Contact Center as a Service (CCaaS) solutions for e...

Kaneka Aerospace Has Acquired the Composites Portfolio of Henkel Corporation to Further Strengthen Growth, Sales, and Market Position of Kaneka Aerospace Composites

2018-01-31 02:12 594

SAN FRANCISCO, Jan. 31, 2018 /PRNewswire/ -- Kaneka Corporation's (Tokyo, Japan , President:Mamoru Kadokura) wholly owned subsidiary, Kaneka Americas Holding, Inc. ("KAH") (Texas, USA, President and CEO: Kazuhiko Fujii), wholly owned subsidiary, Kaneka Aerospace, LLC ("KAE") (California, USA, Pres...

Sterlite Power Acquires 28.4% Stake in its Transmission Infrastructure Business From Standard Chartered Private Equity for INR 1,010 Cr

2018-01-30 17:03 910

MUMBAI, India, Jan. 30, 2018 /PRNewswire/ -- * Highest absolute return in the Power and Utilities sector in India * Standard Chartered set to make 2x returns in a short span of 3.5 years Sterlite Power has acquired the 28.4% stake in its transmission infrastructure business from Standard Cha...

U.S. Companies in China Increasingly Upbeat on Economy Despite Ongoing Regulatory Challenges

2018-01-30 10:00 452

Latest AmCham China survey developed in collaboration with Bain & Company also finds greater optimism about future of U.S.-China relations BEIJING, Jan. 30, 2018 /PRNewswire/ -- Confidence within the American business community towardChina's economy is strengthening, despite significant concerns...

Cision Pre-Releases Select Preliminary Unaudited Fourth Quarter and Full Year 2017 Results; Provides Initial Full Year 2018 Outlook

2018-01-29 21:00 325

CHICAGO, Jan. 29, 2018 /PRNewswire/ -- Cision Ltd. (NYSE: CISN), a leading global provider of software and services to public relations and marketing communications professionals, today reported select preliminary unaudited financial results for the fourth quarter and year endedDecember 31, 2017....

Sharing Economy International Enters into Exclusivity Agreement with JoGeep Regarding Potential Acquisition to Expand Travel Rental Services with Blockchain and A.I. Platform

2018-01-29 19:30 260

HONG KONG, Jan. 29, 2018 /PRNewswire/ -- Sharing Economy International, Inc. ("SEII" or "the Company") (NASDAQ: SEII) today announced that its wholly-owned subsidiary, EC Rental Ltd. ("EC Rental"), has entered into an exclusivity agreement with the shareholders of JoGeep ("JoGeep"), regarding a p...

Hexindai Attends 13th Beijing International Finance Expo

2018-01-29 18:00 227

BEIJING, Jan. 29, 2018 /PRNewswire/ -- Hexindai Inc. (NASDAQ: HX) ("Hexindai" or the "Company"), a fast-growing consumer lending marketplace inChina, today announced that it attended the 13th Beijing International Finance Expo which was held fromJanuary 25-28, 2018, at the Beijing Exhibition Cent...

Sohu.com Reports Fourth Quarter And Fiscal Year 2017 Unaudited Financial Result

2018-01-29 14:15 282

BEIJING, Jan. 29, 2018 /PRNewswire/ -- Sohu.com Inc. (NASDAQ: SOHU), China's leading online media, video, search and gaming business group, today reported unaudited financial results for the fourth quarter and fiscal year ended December 31, 2017. Fourth Quarter Highlights * Total revenues were...

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