Tag: M and A

CGTN: China showcases commitment of opening up via massive trade fair

BEIJING, Nov. 6, 2024 /PRNewswire/ — International companies looking to enter the Chinese market are flocking to Shanghai to take advantage of the seventh China International Import Expo (CIIE), the country’s biggest import trade fair slated to run from November 5 to 10 this year. A global economic and trade event, the expo generated deals… Continue reading CGTN: China showcases commitment of opening up via massive trade fair

CMC Statement Regarding Pacific Steel Group v. Commercial Metals Co. Litigation

IRVING, Texas, Nov. 5, 2024 /PRNewswire/ — Commercial Metals Company (NYSE: CMC) today issued a statement in response to the jury verdict reached in the Pacific Steel Group v. Commercial Metals Co. (N.D. Cal.) litigation. Pacific Steel Group (“Pacific Steel”) filed this lawsuit claiming, among other things, various restraints on trade by CMC.  A trial on… Continue reading CMC Statement Regarding Pacific Steel Group v. Commercial Metals Co. Litigation

CGTN: China showcases commitment of opening up via massive trade fair

BEIJING, Nov. 5, 2024 /PRNewswire/ — International companies looking to enter the Chinese market are flocking to Shanghai to take advantage of the seventh China International Import Expo (CIIE), the country’s biggest import trade fair slated to run from November 5 to 10 this year. A global economic and trade event, the expo generated deals… Continue reading CGTN: China showcases commitment of opening up via massive trade fair

MODIFI Secures Strategic Investment from SMBC Asia Rising Fund to fuel Asian exports by SMEs

Fintech leader strengthens position in cross-border B2B payments and trade finance, eyeing rapid growth across Asia, including China and India AMSTERDAM and SINGAPORE, Nov. 6, 2024 /PRNewswire/ — MODIFI, a leading global platform in B2B Buy Now, Pay Later (BNPL) solutions, today announced the successful completion of a $15 million funding round led by SMBC Asia… Continue reading MODIFI Secures Strategic Investment from SMBC Asia Rising Fund to fuel Asian exports by SMEs

Duoning Biotech announced strategic partnership with Branca Bunús to promote the next generation of transfection reagents

SHANGHAI, Nov. 5, 2024 /PRNewswire/ — Duoning Biotechnology Group (“Duoning”) announced a strategic partnership agreement with Branca Bunús Ltd. (“Branca Bunús”). Under this agreement, the two companies will collaborate on the development, optimization, and application of transfection reagents, with the goal of providing  biopharmaceutical customers with innovative transfection reagents through resource sharing, thereby enhancing the… Continue reading Duoning Biotech announced strategic partnership with Branca Bunús to promote the next generation of transfection reagents

PE firm Carlyle acquires Japanese PCB manufacturer KyodenThe acquisition will support Kyoden growth plans and global expansion.

Private equity major Carlyle has acquired printed circuit board (PCB) manufacturer Kyoden Co to accelerate the Japanese company’s global expansion, according to an announcement. Financial details of the acquisition were not disclosed. Carlyle said the acquisition will support Kyoden’s growth plans through the continued development of its manufacturing capabilities focused on high-multilayer and build-up PCBs.… Continue reading PE firm Carlyle acquires Japanese PCB manufacturer KyodenThe acquisition will support Kyoden growth plans and global expansion.

Nium and Partior Partner on Real-Time, Cross-Border Payments, Clearing and Settlement

Nium becomes first fintech to join the blockchain-based network, enabling faster cross-border payments, added market reach, and greater transaction transparency SINGAPORE, Nov. 5, 2024 /PRNewswire/ — Nium, the leading global infrastructure for real-time cross-border payments, today announced a partnership with Partior, the blockchain-based fintech for clearing and settlement at the Singapore Fintech Festival 2024. The partnership… Continue reading Nium and Partior Partner on Real-Time, Cross-Border Payments, Clearing and Settlement

PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Third Quarter and Year to Date 2024 Earnings

SCRANTON, Pa., Nov. 5, 2024 /PRNewswire/ — Peoples Financial Services Corp. (“Peoples” or the “Company”) (NASDAQ: PFIS), the bank holding company for Peoples Security Bank and Trust Company, today reported unaudited financial results at and for the three and nine months ended September 30, 2024. Peoples reported a net loss of $4.3 million, or $0.43… Continue reading PEOPLES FINANCIAL SERVICES CORP. Reports Unaudited Third Quarter and Year to Date 2024 Earnings