Private equity (PE) deal value in Southeast Asia sank 52% year-on-year in 2022 to $13 billion, against the uncertain macroeconomic backdrop and challenging exit conditions, according to Bain & Co.’s Southeast Asia Private Equity Report 2023. Deal count also fell from 207 in 2021 to 176 last year — a 15% decline. While dealmaking in the… Continue reading SE Asia’s PE deal value halves in 2022 amid challenging exit environment: Bain & Co
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Tesla doubles down on price war as Musk prioritises sales growth over profit
Tesla Inc boss Elon Musk on Wednesday doubled down on the price war he started at the end of last year, saying the electric vehicle (EV) maker would prioritize sales growth ahead of profit in a weak economy. The company posted its lowest quarterly gross margin in two years, missing market estimates, as it slashed prices aggressively in… Continue reading Tesla doubles down on price war as Musk prioritises sales growth over profit
Malaysian PE firm Creador buys 14.7% stake in CTOS Digital
Malaysian private equity firm Creador has announced the acquisition of a 14.7% equity stake in CTOS Digital, a credit reporting agency headquartered in Kuala Lumpur. The PE firm acquired the stake at a purchase price of 1.35 Malaysian ringgit per share through a rollover of its investment from Creador II to its fifth fund, Creador… Continue reading Malaysian PE firm Creador buys 14.7% stake in CTOS Digital
Verlinvest acquires controlling stake in Indian fertility chain Ferty9 for $50m
Verlinvest, a firm founded by the families that own beer maker AB InBev, has acquired a controlling stake in India’s Ferty9 Fertility Center, marking the European investor’s first investment in the country’s healthcare sector. The investment firm has pumped $50 million into Ferty9 to support the development of new technologies and medical innovations in infertility… Continue reading Verlinvest acquires controlling stake in Indian fertility chain Ferty9 for $50m
@FCA: Maserati celebrates the GranTurismo at Milan Design Week Last night, Maserati celebrated its new GranTurismo along wi…
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Global Hydrogen Storage Tank Market to Accrue 32.87% CAGR with Ongoing R&D Activities to Reach USD 1561.32 million by 2030, States Extrapolate
DUBAI, UAE, April 19, 2023 /PRNewswire/ — According to the recent report published by Extrapolate, the global Hydrogen Storage Tank Market size was around USD 164.22 million in 2022 and is anticipated to increase to approximately USD 1561.32 million by 2030, with a CAGR of 32.87% between 2023 and 2030. The demand for hydrogen storage tanks… Continue reading Global Hydrogen Storage Tank Market to Accrue 32.87% CAGR with Ongoing R&D Activities to Reach USD 1561.32 million by 2030, States Extrapolate
GWM Holds 2023 Global Conference with Partners in Shanghai
BAODING, China, April 19, 2023 /PRNewswire/ — On April 19, GWM held the 2023 Global Conference with the theme of “NEW GWM NEW ENERGY”, attended by more than 260 distributor representatives from more than 60 countries and regions. Mu Feng, President of GWM, gave a detailed introduction to the participants on GWM’s global expansion, Forest Ecosystem,… Continue reading GWM Holds 2023 Global Conference with Partners in Shanghai
Automated Parking Systems Market Growing to Exhibit a Remarkable CAGR of 15.78% By 2029 with Key Drivers, Size, Share, Growth and Opportunity Outlook
Increasing demand for autonomous vehicles is driving the growth of automated parking systems market. PUNE, India, April 19, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Automated Parking Systems Market. The global automated… Continue reading Automated Parking Systems Market Growing to Exhibit a Remarkable CAGR of 15.78% By 2029 with Key Drivers, Size, Share, Growth and Opportunity Outlook
Automotive Supercapacitors Market is estimated to grow at 23% CAGR during the forecast period till 2029 | Growth Driving Due to Automotive and Aviation sector
The Automotive Supercapacitors are experiencing investments in renewable energy to protect the environment and achieve long-term goals. PUNE, India, April 19, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Automotive Supercapacitors Market. The… Continue reading Automotive Supercapacitors Market is estimated to grow at 23% CAGR during the forecast period till 2029 | Growth Driving Due to Automotive and Aviation sector
Astroport Space Technologies forms European Subsidiary in Luxembourg
Company partners with Interflight Global Europe to establish Astroport Europe for lunar construction operations LUXEMBOURG, April 19, 2023 /PRNewswire/ — Astroport Space Technologies, Inc., headquartered in San Antonio Texas, USA, and Interflight Global Europe, S.à r.l. , headquartered in Luxembourg, announce their joint partnership for the launch of Astroport Space Technologies S.à r.l. (Astroport Europe). The two companies unveiled the… Continue reading Astroport Space Technologies forms European Subsidiary in Luxembourg