Falcon House Partners, an Indonesia-focused private equity firm, is seeing high inbound interest in its asset portfolio on the back of strong economic growth in the country, a top executive told DealStreetAsia in an interview. Source-based reports by DealStreetAsia earlier have suggested that Falcon House Partners is mulling the sale of its stake in Mount… Continue reading Indonesia-focused PE firm Falcon House set for portfolio exits
Category: News Type
Nuwa Capital on track to close $100m early-stage MENA fund by year-end
Dubai-based venture capital firm Nuwa Capital is on track to fully close its $100-million debut Middle East North Africa (MENA) fund by the year-end, according to a senior executive. The early-stage investor aims to raise the corpus from 17-20 limited partners (LPs), including sovereign wealth funds, corporates, family offices and other institutional investors, Nuwa Capital… Continue reading Nuwa Capital on track to close $100m early-stage MENA fund by year-end
Despite competition from global PEs, Asian players have enough room to win, says Ravi Thakran
Even as global private equity (PE) firms are increasingly focusing on opportunities in Asia, there is still enough room for regional players to succeed, according to Ravi Thakran, former group chairman of LVMH Asia. Thakran, who is also the CEO of Aspirational Consumer Lifestyle Corp and former managing partner at L Catterton, said competition will… Continue reading Despite competition from global PEs, Asian players have enough room to win, says Ravi Thakran
Cummins drives domestic green hydrogen economy forward with first U.S. electrolyzer manufacturing facility
COLUMBUS, Ind.–(BUSINESS WIRE)–Cummins Inc. (NYSE: CMI) will begin producing electrolyzers in the United States, underscoring the company’s continued dedication to advancing the nation’s green hydrogen economy. Electrolyzer production will take place in Fridley, Minnesota, starting at 500 megawatts (MW) of manufacturing capacity annually, scalable to 1 gigawatt (GW) in the future. “Expanding Cummins’ electrolyzer manufacturing… Continue reading Cummins drives domestic green hydrogen economy forward with first U.S. electrolyzer manufacturing facility
Allison Transmission Introduces the eGen Force™ Electric Hybrid Propulsion System for Armored Combat Vehicles
INDIANAPOLIS–(BUSINESS WIRE)–Allison Transmission, a leading designer and manufacturer of conventional, electric hybrid and fully electric vehicle propulsion solutions, is pleased to introduce the eGen Force™ electric hybrid propulsion system for tracked combat vehicles. Designed for 50-ton tracked vehicles, the eGen Force meets the requirements for the U.S. Army’s Optionally Manned Fighting Vehicle (OMFV) program. The… Continue reading Allison Transmission Introduces the eGen Force™ Electric Hybrid Propulsion System for Armored Combat Vehicles
12:10 ETDana Incorporated to Announce 2022 Third-quarter Financial Results, Host Conference Call and Webcast on Oct. 27Dana Incorporated (NYSE: DAN) w…
MAUMEE, Ohio, Oct. 10, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) will release its 2022 third-quarter financial results on Thursday, Oct. 27, 2022. A press release will be issued at approximately 7 a.m. EDT, followed by a conference call and webcast at 9 a.m. EDT. Members of the company’s senior management team will be available… Continue reading 12:10 ETDana Incorporated to Announce 2022 Third-quarter Financial Results, Host Conference Call and Webcast on Oct. 27Dana Incorporated (NYSE: DAN) w…
J.D. Power’a Göre Tech Chery, Küresel Satışlarda Yeni Bir Atılım Getirecek Ana Akım Markalar İçinde İlk 10 Arasında Yer Aldı
ANKARA, Türkiye, 19 Eylül 2022 /PRNewswire/ — Dünyaca ünlü bir pazar danışmanlığı ve araştırma şirketi olan J.D. Power, 2022 Çin İlk Kalite Değerlendirmesini (IQS) 1 Eylül’de yayımladı. Değerlendirmeye göre Chery; GAC Honda, FAW Toyota, Buick ve SAIC Volkswagen gibi popüler markalar arasında 9. sırada yer aldı. Chery ARRIZO 6 PRO, TIGGO 8 PRO MAX ve… Continue reading J.D. Power’a Göre Tech Chery, Küresel Satışlarda Yeni Bir Atılım Getirecek Ana Akım Markalar İçinde İlk 10 Arasında Yer Aldı
Increased Cycling Events to Propel the Sales in Two Wheeler Accessories Aftermarket, over 60% of The Share to be Acquired by The Protective Gear Category, Says Future Market Insights, Inc.
The Japanese aftermarket for two-wheeler accessories is predicted to expand by around $1.3 billion between 2022 and 2032, a 7% CAGR during the forecast period! As you can see Thailand leads this growth with Vietnam coming in second place while Indonesia accounts for most of its volume output–nearly 50%. NEWARK, Del., Oct. 10, 2022 /PRNewswire/… Continue reading Increased Cycling Events to Propel the Sales in Two Wheeler Accessories Aftermarket, over 60% of The Share to be Acquired by The Protective Gear Category, Says Future Market Insights, Inc.
AviNation presents Aerospace career opportunities to diverse local youth
MANSON, Iowa, Oct. 10, 2022 /PRNewswire/ — AviNation announces its October stops for the AviNation American Dream Tour. The tour stops will include three (3) Southern California high schools and the STEM Expo at the Edwards Air Force Base’ Aerospace Valley Air Show. Continue Reading This outreach initiative delivers aviation-based inspirational speakers and activities to… Continue reading AviNation presents Aerospace career opportunities to diverse local youth
Aristocrat Gaming™ appoints Joe Kaminkow as Chief Innovation Officer
LAS VEGAS, Oct. 10, 2022 /PRNewswire/ — Aristocrat Gaming™ today announced that Joe Kaminkow has taken on a new, expanded position with the company as Chief Innovation Officer. In this role, Kaminkow will help drive innovation across Aristocrat enterprise, including in new gaming products and mobile game genres, while further growing the Group’s capabilities and… Continue reading Aristocrat Gaming™ appoints Joe Kaminkow as Chief Innovation Officer