IGT PlaySports grows sports betting footprint in Wisconsin via multi-property technology and services agreement LONDON, July 24, 2023 /PRNewswire/ — International Game Technology PLC (“IGT”) (NYSE: IGT) announced today that the Company will soon expand its sports betting footprint in Wisconsin, via a multi-year agreement with the St. Croix Chippewa Indians of Wisconsin. Under the… Continue reading IGT PlaySports™ Technology to Power Sports Betting at St. Croix Casinos in Wisconsin
Tag: People
Asia Digest: MAPS Capital, NxtGen Capital launch new fundsNxtGen Capital Fund 1 will deploy capital into early-stage VC funds with a size below $150m.
MAPS Capital is reportedly seeking $200 million for its second fund, while NxtGen Capital has launched its first fund to invest in the US. Mirae Asset’s MAPS Capital eyes $200m for second fund MAPS Capital, a private equity arm of South Korea’s Mirae Asset Financial Group, has reportedly launched its second US dollar-denominated fund, seeking… Continue reading Asia Digest: MAPS Capital, NxtGen Capital launch new fundsNxtGen Capital Fund 1 will deploy capital into early-stage VC funds with a size below $150m.
Hong Kong court to decide on China Evergrande’s debt restructuring plan in Sept
A Hong Kong court on Monday said it will hold sanction hearings on Sept. 5-6 to decide whether to approve an offshore debt restructuring plan by embattled property developer China Evergrande Group. Evergrande, the poster child of the property sector crisis in China, has $330 billion in liabilities making it the world’s most indebted developer.… Continue reading Hong Kong court to decide on China Evergrande’s debt restructuring plan in Sept
Online streaming platform China Ruyi buys stake in Dalian Wanda’s unit for $320m
China Ruyi Holdings, a movie production and online streaming company, said one of its subsidiaries will buy a 49% stake in an investment unit of Dalian Wanda Group for 2.3 billion yuan ($320.08 million). The share disposal was expected to help Dalian Wanda, China’s largest commercial property developer, with the refinancing of a $400 million bond that… Continue reading Online streaming platform China Ruyi buys stake in Dalian Wanda’s unit for $320m
German Handelsblatt: Battery manufacturer: VW holding Northvolt is working on batteries for electric flying007315
Hersteller von Batterien für Elektroautos haben einen potenziellen neuen Absatzmarkt für sich entdeckt: die zivile Luftfahrt. Das schwedische Unternehmen Northvolt hat mit seiner kalifornischen Tochterfirma Cuberg eine Akkutechnologie entwickelt, die den Preis für eine geflogene Meile um mehr als das Fünffache reduzieren soll. Das teilte das Management beider Firmen dem Handelsblatt mit.„Wenn man eine Strecke,… Continue reading German Handelsblatt: Battery manufacturer: VW holding Northvolt is working on batteries for electric flying007315
German Handelsblatt: Battery manufacturer: VW holding Northvolt is working on batteries for electric flying007315
Hersteller von Batterien für Elektroautos haben einen potenziellen neuen Absatzmarkt für sich entdeckt: die zivile Luftfahrt. Das schwedische Unternehmen Northvolt hat mit seiner kalifornischen Tochterfirma Cuberg eine Akkutechnologie entwickelt, die den Preis für eine geflogene Meile um mehr als das Fünffache reduzieren soll. Das teilte das Management beider Firmen dem Handelsblatt mit.„Wenn man eine Strecke,… Continue reading German Handelsblatt: Battery manufacturer: VW holding Northvolt is working on batteries for electric flying007315
KBR Awarded $1.9B Contract to Plan, Train, Fly NASA Human Spaceflight Programs
HOUSTON, July 24, 2023 /PRNewswire/ — KBR (NYSE: KBR) announced today it has been awarded a significant contract worth up to $1.9 billion for the continued support of NASA’s human spaceflight programs, including the International Space Station, Artemis and Low Earth Orbit Commercialization. Under the terms of Integrated Mission Operations Contract III (IMOC III), KBR… Continue reading KBR Awarded $1.9B Contract to Plan, Train, Fly NASA Human Spaceflight Programs
Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion
Group14 accelerates its strategy to build silicon battery technology infrastructure in Europe to support its automotive customers and partners Acquisition of Schmid Silicon, Europe’s most technologically advanced silane manufacturer, sets up Group14 to provide for a more secure silicon battery supply chain As Group14 establishes operations in Europe, the company plans to open its first… Continue reading Group14 Technologies Acquires Schmid Silicon in Milestone European Expansion
GTCR to Acquire Once For All from Warburg Pincus
Investment to accelerate growth behind leading compliance and supply chain management software provider CHICAGO, July 24, 2023 /PRNewswire/ — GTCR, a leading private equity firm, announced today that it has signed a definitive agreement to acquire Once For All (the “Company”), a leading compliance and supply chain management software provider, from Warburg Pincus. Financial terms of… Continue reading GTCR to Acquire Once For All from Warburg Pincus
Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research
The global automotive power electronics market is driven by factors such as rise in demands for electric vehicles, increasing trend for electrification across the automotive industry, and government regulations for vehicle safety systems. PORTLAND, Ore., July 23, 2023 /PRNewswire/ — Allied Market Research published a report, titled, “Automotive Power Electronics Market by Device (Power IC, Module/Discrete),… Continue reading Automotive Power Electronics Market to Reach $8.1 Billion, Globally, by 2032 at 5.1% CAGR: Allied Market Research