Japan’s Toshiba Corp said on Thursday its board of directors has decided to recommend shareholders take up a tender offer from a consortium led by private-equity firm Japan Industrial Partners (JIP). Toshiba plans to hold an online press conference to discuss the tender offer at 0400 GMT. The board earlier this year accepted the buyout… Continue reading Toshiba board recommends shareholders support JIP-led buyoutThe board earlier this year accepted the buyout offer, which would value the conglomerate …
Tag: Strategy
BMW Group completes EUR 8 bn revolving credit facility with 43 banks
The syndicated revolving credit line is one of the standard financing instruments of BMW Group Corporate Finance and serves to secure short-term access to liquidity. The BMW Group has signed a EUR 8 billion syndicated revolving credit facility (RCF) with a tenor of five years and two one-year extension options. A total of 43 international… Continue reading BMW Group completes EUR 8 bn revolving credit facility with 43 banks
KX JOINS FORCES WITH LOCKHEED MARTIN UK IN ‘ALLIANCE’ COLLABORATION FOR BRITISH ARMY CONTRACT TENDER
LONDON, June 5, 2023 /PRNewswire/ — KX, maker of kdb+ the industry’s most trusted data timehouse and the KDB.AI vector database, has joined forces with Lockheed Martin UK for ‘Alliance’, a collaboration of leading UK-based firms aiming to deliver a winning proposal for the British Army’s Collective Training Transformation Programme (CTTP). CTTP is a major project… Continue reading KX JOINS FORCES WITH LOCKHEED MARTIN UK IN ‘ALLIANCE’ COLLABORATION FOR BRITISH ARMY CONTRACT TENDER
Passenger Air Transport Market Overview 2023-2032: Market Size, Growth Rate, Major Drivers and Key Segments – By The Business Research Company
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 LONDON, June 5, 2023 /PRNewswire/ — As per The Business Research Company’s Passenger Air Transport Global Market Report 2023, the global passenger air transport market size will grow from $573.6 billion… Continue reading Passenger Air Transport Market Overview 2023-2032: Market Size, Growth Rate, Major Drivers and Key Segments – By The Business Research Company
PROBE TEST SOLUTIONS LTD (PTSL) LEADS ATE INDUSTRY WITH HIGHEST FREQUENCY 120GHZ RF PROBE CARD SOLUTIONS
New family of PhazorRFâ high frequency probe cards, breaking industry frequency and performance benchmarks targeting next generation automotive radar, 5G and 6G platforms. GLASGOW, Scotland and SAN DIEGO, June 5, 2023 /PRNewswire/ — Probe Test Solutions Ltd (PTSL), an established high growth company and a world-leader in delivering advanced ATE test hardware solutions, today announces its entrance to the… Continue reading PROBE TEST SOLUTIONS LTD (PTSL) LEADS ATE INDUSTRY WITH HIGHEST FREQUENCY 120GHZ RF PROBE CARD SOLUTIONS
Mercedes-Benz to source 50,000 tonnes of almost CO₂-free steel from Swedish start-up
Swedish start-up H2 Green Steel (H2GS) is to supply approximately 50,000 tonnes of almost CO₂-free steel per year, to be launched in various Mercedes-Benz vehicle models The German luxury carmaker has signed a supply agreement with H2GS for supply of almost CO₂-free steel per year for its European press shops and deepened its partnership through… Continue reading Mercedes-Benz to source 50,000 tonnes of almost CO₂-free steel from Swedish start-up
XCMG Machinery Consolidates Top Three Ranking on KHL Group’s Yellow Table, Leads Chinese OEM Market
XUZHOU,China, June 6, 2023 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE:000425) has ranked No. 3 among the world’s original equipment manufacturers (OEMs) in the latest Yellow Table published by International Construction Magazine, a subsidiary of global construction media company KHL Group. XCMG has maintained the top three rankings for three consecutive years. Continue Reading XCMG Machinery Consolidates… Continue reading XCMG Machinery Consolidates Top Three Ranking on KHL Group’s Yellow Table, Leads Chinese OEM Market
WaveBL Secures $26 Million Series B Funding Round
The Funding will Fuel WaveBL’s Global Growth and Market Expansion in the Digital Trade Documents Sector TEL AVIV, Israel, June 6, 2023 /PRNewswire/ — WaveBL, a market-leading provider of electronic Bills, has successfully raised $26 million in its latest funding round, consolidating its position as a leading player in the digital trade document sector globally. Continue… Continue reading WaveBL Secures $26 Million Series B Funding Round
nomu.group and jalebi.io are developing an AI dedicated to streamline restaurant operations in Middle East & Africa
RIYADH, Saudi Arabia, June 7, 2023 /PRNewswire/ — nomu.group the food supply chain management startup born from the merger between Saudi’s Jumlaty & Egypt’s Appetito, and jalebi.io, a Techstars-backed restaurant technology startup, have announced a strategic technology partnership that promises to advance the restaurant industry across key markets in the Middle East and North Africa… Continue reading nomu.group and jalebi.io are developing an AI dedicated to streamline restaurant operations in Middle East & Africa
Royal Commission for AlUla announces contractor and begins construction on Sharaan Resort and International Summit Centre
Designs are finalized and construction is underway for the ambitious luxury resort Built directly into the mountains of Sharaan Nature Reserve, the project follows the AlUla Sustainability Charter with efficient heating and cooling, and zero wastewater ALULA, Saudi Arabia, June 7, 2023 /PRNewswire/ — The Royal Commission for AlUla (RCU) has begun construction of its… Continue reading Royal Commission for AlUla announces contractor and begins construction on Sharaan Resort and International Summit Centre