DUBAI, UAE, May 15, 2023 /PRNewswire/ — Funds advised by Apax Partners LLP (“Apax”) announced today that they have reached a definitive agreement to invest approximately $450m to acquire a significant minority stake in IBS Software, a leading provider of modern Software-as-a-Service (SaaS) solutions to the global travel and logistics industry, from Blackstone. Following the transaction,… Continue reading Apax Funds make approximately $450m investment in travel tech company IBS Software
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Xinhua Silk Road: E. China’s Longkou continues promoting development of marine engineering equipment manufacturing industry
BEIJING, May 15, 2023 /PRNewswire/ — Recently, China’s second offshore mobile self-installing wellhead oil platform has set sail from CIMC Raffles Longkou construction base in Longkou City, east China’s Shandong Province, to Beibu Gulf. The CIMC Raffles Longkou construction base, a leader in the marine engineering equipment manufacturing industry in Longkou, has been actively promoting its… Continue reading Xinhua Silk Road: E. China’s Longkou continues promoting development of marine engineering equipment manufacturing industry
OptiGroup successfully raises EUR 100 million additional debt from leading investors
GÖTEBORG, Sweden, May 15, 2023 /PRNewswire/ — OptiGroup has raised EUR 100 million via a first lien term loan tap issue in a private transaction in addition to its current EUR 425m first lien and EUR 200m second lien debt financing. Leading international and Nordic institutions participated, and the transaction was oversubscribed. The strong interest… Continue reading OptiGroup successfully raises EUR 100 million additional debt from leading investors
TVM Capital Healthcare opens office in Riyadh, Saudi Arabia
DUBAI, UAE and RIYADH, Saudi Arabia, May 15, 2023 /PRNewswire/ — TVM Capital Healthcare, a global specialist healthcare private equity firm operating in emerging markets, announced today the opening of a new office in the capital of the Kingdom of Saudi Arabia. The purpose of the new office is to advise the group and its portfolio… Continue reading TVM Capital Healthcare opens office in Riyadh, Saudi Arabia
Play More, Spend Less This Summer in Denver
– The Mile High City offers world-class museums, family-friendly activities and outdoor adventures that don’t break the bank. – DENVER, May 15, 2023 /PRNewswire/ — Warmer days bring countless ways to play in the city with amusement parks, attractions, professional sporting events, outdoor adventure and more. Denver is truly a budget friendly destination, with offerings… Continue reading Play More, Spend Less This Summer in Denver
@Ford: Customers Helped Create Athletic, Bold And Distinctively Styled Next-Generation Ford Ranger Wildtrak Design
Ford designers used customer insights and award-winning global pickup formula to create an iconic and versatile Ranger Next-Generation Ranger Wildtrak features an athletic, confident and rugged exterior echoing Ford’s global truck design DNA Interior includes a stylish new cockpit, user-friendly technology, and a premium, versatile and spacious cabin Dubai, United Arab Emirates, 15 May,… Continue reading @Ford: Customers Helped Create Athletic, Bold And Distinctively Styled Next-Generation Ford Ranger Wildtrak Design
Stellantis, Canadian government in dispute over battery plant commitments
Unifor, the union representing Canadian autoworkers, is pressing for swift government action after Jeep- and Chrysler-parent Stellantis said it had halted construction at an electric vehicle battery plant in Windsor over a dispute related to subsidies for the almost $4 billion project. Unifor National President Lana Payne painted the situation in stark terms in a… Continue reading Stellantis, Canadian government in dispute over battery plant commitments
@Ford: Ford to Provide Strategic Update, KPIs, Performance Targets, At Upcoming ‘Delivering Ford+’ Capital Markets Event
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ford to Provide Strategic Update, KPIs, Performance Targets, At Upcoming ‘Delivering Ford+’ Capital Markets Event
Bosch Ventures closes investment round in AutoCore.ai
Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and future relevance for… Continue reading Bosch Ventures closes investment round in AutoCore.ai
Changan Auto’s Robust Growth Momentum Firmly Accelerates International Expansion
CHONGQING, China, May 12, 2023 /PRNewswire/ — On the afternoon of May 8, the Annual Performance Briefing of Changan Auto was held. At the briefing, Changan Auto presented its 2022 annual performance, provided planning and strategic interpretation of company’s future development. Continue Reading image_5003628_25470621 Changan Auto’s sales volume in 2022 reached 2.346 million vehicles, a year-on-year… Continue reading Changan Auto’s Robust Growth Momentum Firmly Accelerates International Expansion