India’s largest bank, the State Bank of India (SBI), has introduced a customised vehicle loan product for Uber fleet partners. The initiative aims to provide affordable financing and streamline loan disbursement, for improving India’s ride-hailing industry. The collaboration seeks to empower both new and existing fleet partners by offering low-cost financing options, efficient loan disbursement… Continue reading SBI partners with Uber to offer tailored loans for fleet expansion
Tag: M and A
Scinai Publishes Financial Results and Provides Business Update; Shareholders’ Equity up from negative $7.3 million as of June 30, 2024, to positive $10 million
JERUSALEM, Nov. 22, 2024 /PRNewswire/ — Scinai Immunotherapeutics Ltd. (Nasdaq: SCNI) (“Scinai”, or the “Company”), a biopharmaceutical company focused on developing inflammation and immunology (I&I) biological products and on providing CDMO services through its Scinai Bioservices business unit, today published its financial results for the nine months ended September 30, 2024 and provided a business update.… Continue reading Scinai Publishes Financial Results and Provides Business Update; Shareholders’ Equity up from negative $7.3 million as of June 30, 2024, to positive $10 million
H.I.G. Capital Completes Acquisition of Northwest Pump and Equipment Co.
MIAMI, Nov. 22, 2024 /PRNewswire/ — H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $66 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Northwest Pump and Equipment Co. (“Northwest Pump”… Go to Source
This Week in Finance News: 12 Stories You Need to See
A roundup of the most newsworthy financial press releases from PR Newswire this week, including updates in cross-border payments and retirement spending, as well as The Economist’s look ahead at 2025. NEW YORK, Nov. 22, 2024 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything… Continue reading This Week in Finance News: 12 Stories You Need to See
Akeso’s Penpulimab Combination Therapy for First-line Treatment of Hepatocellular Carcinoma Accepted by NMPA
HONG KONG, Nov. 22, 2024 /PRNewswire/ — Akeso, Inc. (9926.HK) (“Akeso” or the “Company”) announced that the National Medical Products Administration (NMPA) of China has accepted its supplemental new drug application (sNDA) for penpulimab, a differentiated PD-1 monoclonal antibody, in combination with anlotinib for the first-line (1L) treatment of advanced hepatocellular carcinoma (HCC). This marks penpulimab’s… Continue reading Akeso’s Penpulimab Combination Therapy for First-line Treatment of Hepatocellular Carcinoma Accepted by NMPA
Former Chicago Bulls Behavioral Scientist Launching World’s First Social Gratitude™ Platform
CHICAGO, Nov. 22, 2024 /PRNewswire/ — Kevin Brilliant left his dream job with the Chicago Bulls in 2022 to create what he envisions as the next phase after social media. Following his own mental health journey in 2019 – and after hearing countless stories and reading numerous reports about the rising mental health crisis –… Continue reading Former Chicago Bulls Behavioral Scientist Launching World’s First Social Gratitude™ Platform
Bain Capital-backed Kioxia’s market value seen at $4.9b in Tokyo IPOBain and Toshiba will sell shares in the IPO.
Bain Capital-backed Kioxia’s market value is seen around 750 billion yen ($4.85 billion) in its initial public offering, a regulatory filing showed on Friday. The IPO will have a deal value of about 100 billion yen ($645.45 million) excluding overallotment. Bain and Toshiba will sell shares in the IPO. Separately, Kioxia will issue new shares,… Continue reading Bain Capital-backed Kioxia’s market value seen at $4.9b in Tokyo IPOBain and Toshiba will sell shares in the IPO.
ZKH Group Limited Enters Strategically Comprehensive Cooperation Agreement with Tmall
SHANGHAI, Nov. 22, 2024 /PRNewswire/ — ZKH Group Limited (“ZKH” or the “Company”) (NYSE: ZKH), a leading maintenance, repair and operations (“MRO”) procurement service platform in China, today announced that it has entered into a comprehensive strategic partnership agreement (the “Agreement”) with Zhejiang Tmall Technology Co., Ltd. (“Tmall”) with respect to the cooperation between the… Continue reading ZKH Group Limited Enters Strategically Comprehensive Cooperation Agreement with Tmall
EQT to sell Melita, the digital infrastructure owner and operator in Malta
EQT to sell Melita to Goldman Sachs Alternatives Under EQT’s ownership, Melita strengthened its position as a leading digital infrastructure owner and operator through strategic investments in its network and customer experience, while building a successful international Internet of Things (IoT) connectivity business Today, Melita is the only operator in Malta providing both nationwide Gigabit… Continue reading EQT to sell Melita, the digital infrastructure owner and operator in Malta
PEPSICO TO ACQUIRE FULL OWNERSHIP OF SABRA AND OBELA
Enables PepsiCo to Accelerate Innovation in Refrigerated Fresh Dips and Spreads to Meet Growing Consumer Demand Further Expands Company’s Positive Choice Portfolio PURCHASE, N.Y., Nov. 22, 2024 /PRNewswire/ — PepsiCo, Inc. (NASDAQ: PEP) today announced its agreement to acquire the remaining 50% interest in Sabra Dipping Company, LLC (Sabra) and PepsiCo-Strauss Fresh Dips & Spreads… Continue reading PEPSICO TO ACQUIRE FULL OWNERSHIP OF SABRA AND OBELA