Zilingo, the Singapore-based fashion B2B marketplace embroiled in a bitter tussle between lead investor Sequoia Capital and former CEO Ankiti Bose, is set to discuss its exit options on Monday. Several sources told DealStreetAsia that various parties will be presenting their proposals, which range from a management buyout to complete liquidation. Different parties are displaying… Continue reading Zilingo board said to discuss exit options, including liquidation, on Monday
Category: News Type
Thailand bourse approves aCommerce IPO, company to offer 35% in share sale
Indonesian investors may keep the faith in crypto assets despite recent crash
Nadiya, a 32-year-old executive at a tech firm in Jakarta has been investing in crypto assets since 2021, with an eye on “long-term returns”. Earlier this week, when the value of bitcoin dived to its lowest level since December 2020, she lost nine-digit figures (in rupiah). While Nadiya was disappointed by the loss, being a long-term… Continue reading Indonesian investors may keep the faith in crypto assets despite recent crash
Ball Corporation Recommends Rejection of Amended Below-Market Mini-Tender Offer by TRC Capital Corporation
WESTMINSTER, Colo., June 16, 2022 /PRNewswire/ — Ball Corporation (NYSE: BALL) received notice today of an amended unsolicited mini-tender offer by TRC Capital Corporation (TRC) to purchase up to 2,000,000 Ball common shares, representing approximately .63% of the company’s outstanding shares. TRC’s amended offer price of $65.25 per share in cash is approximately 1.9% lower than the $66.53 closing price… Continue reading Ball Corporation Recommends Rejection of Amended Below-Market Mini-Tender Offer by TRC Capital Corporation
Río Sur de Texas: En el corazón de la cadena de suministro norteamericana
MISSION, Texas, 17 de junio de 2022 /PRNewswire/ — Norteamérica representa aproximadamente el 25% del mercado mundial de consumo, y el corredor de la Interestatal 69, que atraviesa Estados Unidos de norte a sur y lo conecta con Canadá y México, es una de las principales arterias de su cadena de suministro. Muchos de los mayores… Continue reading Río Sur de Texas: En el corazón de la cadena de suministro norteamericana
CEO Eileen Drake and Committee for Aerojet Rocketdyne Shareholders and Value Maximization Extremely Pleased with Delaware Court’s Opinion
-Court’s decision clears way for special meeting of shareholders on June 30, 2022 EL SEGUNDO, Calif., June 16, 2022 /PRNewswire/ — Eileen Drake (the CEO of Aerojet Rocketdyne (NYSE: AJRD) (“Aerojet Rocketdyne” or the “Company”)) and Gen. Kevin Chilton (Ret.), Thomas Corcoran and Gen. Lance Lord (Ret.) (three of its independent directors) issued the following… Continue reading CEO Eileen Drake and Committee for Aerojet Rocketdyne Shareholders and Value Maximization Extremely Pleased with Delaware Court’s Opinion
La solución inteligente de control fronterizo de DERMALOG recibe el premio a la innovación
Una vez más, el Consejo Alemán de Diseño ha reconocido las innovaciones técnicas con su Premio Alemán a la Innovación en Berlín. DERMALOG Identification Systems GmbH recibió un premio por su nuevo sistema de cámaras que simplifica los controles fronterizos. BERLÍN y HAMBURGO, Alemania, 16 de junio de 2022 /PRNewswire/ — Con su torre de… Continue reading La solución inteligente de control fronterizo de DERMALOG recibe el premio a la innovación
Tata Motors susceptible to supply chain shocks in FY23
Tata Motors said the non-unavailability of supply of critical parts may force the company to stop production in some or all of its global plants and that this will have a significantly negative impact on its future cash flows. These comments were made by Tata Group Chairman N Chandrasekaran in the company’s annual report released… Continue reading Tata Motors susceptible to supply chain shocks in FY23
1 arrested after Ford Mustang heist, 3 stolen vehicles recovered
Police are investigating the brazen theft of six new Ford Mustang Shelby GT500s from the Flat Rock assembly plant early Thursday that ended in a brief chase and one suspect in custody. Three of the stolen vehicles, which retail for $80,000, were recovered. According to a news release from the Flat Rock Police Department and Michigan State… Continue reading 1 arrested after Ford Mustang heist, 3 stolen vehicles recovered
New flagship Cadillac sedan to feature ‘more 3D printed parts than any GM vehicle to date’
US-based automotive manufacturer General Motors (GM) has unveiled plans to build a new hatchback with more 3D printed parts than any of its cars have ever featured before. Set to be built under GM’s Cadillac brand in an $81 million project, the ‘Celestiq’ is designed to be a ultra-luxurious electric vehicle (EV), packed with cutting-edge… Continue reading New flagship Cadillac sedan to feature ‘more 3D printed parts than any GM vehicle to date’