Swiss private equity firm Partners Group has agreed to sell Singapore-based content and data solutions provider Straive, formerly known as SPi Global, to Baring Private Equity Asia (BPEA), according to a statement. Financial details were not disclosed, but an earlier Bloomberg report said the deal was around $1 billion. Partners Group had acquired a majority… Continue reading Partners Group to sell data solutions firm Straive to Baring Private Equity Asia …
Tag: Morgan
Nikola Founder Trevor Milton Charged With Securities Fraud
In a warning shot to a thriving corner of Wall Street, federal authorities on Thursday filed criminal and civil securities fraud charges against the founder of Nikola — a start-up automaker that went public by merging with an investment firm last year. An indictment by the U.S. attorney’s office in Manhattan charged the founder, Trevor… Continue reading Nikola Founder Trevor Milton Charged With Securities Fraud
Global Advanced Combat Helmet Market to Reach $2.9 Billion by 2026
FACTS AT A GLANCE Edition: 9; Released: April 2021 Executive Pool: 4023 Companies: 46 – Players covered include 3M Company; ArmorSource LLC; ArmorWorks Enterprises, LLC; BAE Systems PLC; Eagle Industries; Honeywell International, Inc.; Morgan Advanced Materials PLC; Point Blank Enterprises, Inc.; Survitec Group Limited and Others. Coverage: All major geographies and key segments Segments: End-Use (Military & Defense, Homeland Security) Geographies: World; United… Continue reading Global Advanced Combat Helmet Market to Reach $2.9 Billion by 2026
China’s Baidu launches US dollar bond amid regulatory uncertainty at home
Chinese internet giant Baidu Inc is tapping debt markets with a two-tranche, U.S. dollar sustainability bond in a deal that could test global investor appetite for China tech assets as Beijing cranks up regulatory scrutiny. The search company on Wednesday launched a 5.5 year and 10-year U.S. dollar fixed rate senior unsecured sustainable notes transaction. It didn’t… Continue reading China’s Baidu launches US dollar bond amid regulatory uncertainty at home
Temasek-backed Indian online drugstore PharmEasy targets $9b IPO valuation …
Prosus Ventures, TPG Growth, CDPQ and Temasek are among PharmEasy’s top investors. The decision not to cash out their stakes during the IPO indicates confidence among PharmEasy’s investors about the growth potential of the company and the online pharmacy market. The growth potential has already drawn India’s largest conglomerates, including the Tata group and Reliance… Continue reading Temasek-backed Indian online drugstore PharmEasy targets $9b IPO valuation …
Platinum Equity Completes Acquisition Of Global Aerospace Supply Chain Services Provider Unical Aviation
LOS ANGELES, Aug. 16, 2021 /PRNewswire/ — Platinum Equity announced today it has completed the acquisition of Unical Aviation Inc. and certain of the company’s affiliates (“Unical”), a leading provider of aircraft parts and components to the global commercial aerospace market, from affiliates of the company’s founders. The acquisition includes Unical Aviation, Unical MRO, Unical 145… Continue reading Platinum Equity Completes Acquisition Of Global Aerospace Supply Chain Services Provider Unical Aviation
EV Week In Review: Tesla’s China Woes, Giga Berlin to Soon Come Online, Earnings Fail to Lift Nio, Lordstown On Track, Fisker’s Debt Financing and More
The EV space was brimming with activity in the week ended Aug. 13, with fund raising and earnings dominating the headlines. Tesla’s July Deliveries Tumble But Musk Isn’t Bothered: Tesla, Inc. (NASDAQ: TSLA)’s China sales fell 69.4% month-over-month in July, according to data released by industry body China Passenger Car Association. About three-fourth of the… Continue reading EV Week In Review: Tesla’s China Woes, Giga Berlin to Soon Come Online, Earnings Fail to Lift Nio, Lordstown On Track, Fisker’s Debt Financing and More
NIO Inc. (NIO) Q2 2021 Earnings Call Transcript
Motley Fool Why Fisker Stock Crashed Today Shares of start-up electric car company Fisker (NYSE: FSR) were suffering from an 8.6% sell-off at 11:15 a.m. EDT on Thursday. Capitalizing on the strong share-price surge that followed Morgan Stanley’s announcement, Fisker made an announcement of its own after the close of trading last night: It is selling… Continue reading NIO Inc. (NIO) Q2 2021 Earnings Call Transcript
Autos & TransportationFord battery venture with SK Innovation will extend to Europe, executive saysAugust 11, 2021
DETROIT, Aug 11 (Reuters) – Ford Motor Co’s (F.N) electric vehicle battery joint venture with South Korea’s SK Innovation Co Ltd (096770.KS) will extend beyond North America into Europe, a senior Ford executive said on Wednesday. In May, Ford announced the joint venture with SK to produce about 60 gigawatt-hours (GWh) annually in battery cells… Continue reading Autos & TransportationFord battery venture with SK Innovation will extend to Europe, executive saysAugust 11, 2021
Navigator Holdings Ltd. Announces Date for the Release of Second Quarter 2021 Results and Conference Call
LONDON, Aug. 11, 2021 /PRNewswire/ — Navigator Holdings Ltd. (“Navigator”) (NYSE: NVGS), the owner and operator of the world’s largest fleet of handysize liquefied gas carriers, announced today that it will release its results for the three and six months ended June 30, 2021 after markets close in New York on Monday, August 16, 2021. The… Continue reading Navigator Holdings Ltd. Announces Date for the Release of Second Quarter 2021 Results and Conference Call