Johnson & Johnson said on Monday it was seeking a valuation of up to $42.95 billion in the initial public offering of its consumer health unit, Kenvue, at a time when investor appetite for new listings has been muted. The announcement sets the stage for what is expected to be one of the marquee listings this… Continue reading J&J eyes $43b valuation for consumer health unit Kenvue in US IPOThe initial share sale is expected to be one of the marquee listings this year.
Category: Automotive
Huawei-backed chip material maker B&C Chemical hits unicorn status post $87m roundShanghai-based PE Zhongping Capital and Guokai Technology Venture In…
Xuzhou B&C Chemical, a Chinese maker of the semiconductor material photoresists, has raised over 600 million yuan ($86.9 million) in a new funding round at a post-money valuation of about 7 billion yuan (over $1 billion). B&C Chemical, whose early backers include China’s Huawei Technologies, secured the new financing from two lead investors, namely Shanghai-based… Continue reading Huawei-backed chip material maker B&C Chemical hits unicorn status post $87m roundShanghai-based PE Zhongping Capital and Guokai Technology Venture In…
IFC mulls $47m loan to Chinese pig farm Guangxi Yangxiang
World Bank Group member International Finance Corporation (IFC) is considering a 300 million yuan (about $47.3 million) loan to pig breeding and farming firm Guangxi Yangxiang Co Ltd (Yangxiang), according to a disclosure. Yangxiang, an existing IFC client, is seeking about $160 million in total to support the incremental medium-term capital needs of the company’s… Continue reading IFC mulls $47m loan to Chinese pig farm Guangxi Yangxiang
Investors step on the accelerator in Indonesia’s early-stage deal space
Lively tech communities and accelerator programmes kept Indonesia’s early-stage startup space buzzing amid the global funding winter last year. Even as the deal value in Southeast Asia plummeted 32% year on year in 2022, seed and Series A deals saw a 56% and 8% growth in median values, respectively, compared with a year earlier, according… Continue reading Investors step on the accelerator in Indonesia’s early-stage deal space
FMO proposes $50m investment in India’s SK Finance
Dutch development bank FMO has proposed to invest $50 million in the Indian non-banking financial company (NBFC) SK Finance, formerly Esskay Fincorp, according to a disclosure. SK Finance is an NBFC that operates in north-western India under regulatory oversight. It provides financing backed by assets in the vehicle and lending segments for micro, small, and… Continue reading FMO proposes $50m investment in India’s SK Finance
PE giant Carlyle raises $621m for latest Asia-focused fund
Private equity major Carlyle Group has raised about $621 million for its latest Asia-focused buyout fund, its amended filing with the US Securities and Exchange Commission showed. Carlyle Asia Partners Growth II, launched in April 2021, has attracted commitments from at least 61 investors. Per the filing, the PE firm has reached the final close… Continue reading PE giant Carlyle raises $621m for latest Asia-focused fund
Most people have no idea that there is a 3200-year-old ancient town near Sunny Beach, Bulgaria, Reports Georgi Spasov from Hebros News
The Ancient town Nessebar is in the UNESCO World Heritage Sites List and the entrance to the town is free of charge for everyone who is curious to visit. SOFIA, Bulgaria, April 19, 2023 /PRNewswire/ — This year, like many others, thousands of Еuropean tourists will choose Bulgaria for their summer vacation. The beaches of Sunny… Continue reading Most people have no idea that there is a 3200-year-old ancient town near Sunny Beach, Bulgaria, Reports Georgi Spasov from Hebros News
Highlights Tech & Craftsmanship In 2023 GAC MOTOR International Distributor Conference
The last 12 months have seen significant steps forward for GAC MOTOR, with operations expanding around the world to reach a 59% annual increase in wholesale sales. GUANGZHOU, China, April 24, 2023 /PRNewswire/ — The 2023 GAC MOTOR International Distributor Conference, themed “Going Forward with Tech & Craftsmanship”, was held in Guangzhou on April 21st,… Continue reading Highlights Tech & Craftsmanship In 2023 GAC MOTOR International Distributor Conference
Pharmaceutical Logistics Market Size to Grow USD 156680 Million By 2028 With a CAGR of 7.3% | Valuates Reports
BANGALORE, India, April 24, 2023 /PRNewswire/ — The Global Pharmaceutical Logistics Market is Segmented by Type (Cold Chain Logistics, Non-Cold Chain Logistics), by Application (Ground Transportation, Shipping, Air Transport): Global Opportunity Analysis and Industry Forecast, 2022-2028. It is published in Valuates Reports under the Pharmaceuticals & Biotech Category. Due to the COVID-19 pandemic, the global Pharmaceutical… Continue reading Pharmaceutical Logistics Market Size to Grow USD 156680 Million By 2028 With a CAGR of 7.3% | Valuates Reports
Q-Days 2023: world premiere of the QUANTRON QHM FCEV AERO hydrogen-electric heavy-duty truck
A highlight of this year’s Q-Days is the QUANTRON QHM FCEV AERO hydrogen-electric heavy-duty truck with a specially developed exterior design of the driver’s cab and optimized aerodynamic components for realising an even greater efficiency and range in long-distance transport The heavy hydrogen truck has a real range of up to 700km without limiting the… Continue reading Q-Days 2023: world premiere of the QUANTRON QHM FCEV AERO hydrogen-electric heavy-duty truck