Tag: M and A

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

FUTURE FUND OMAN LAUNCHES FIRST WAVE OF INVESTMENT PROJECTS WORTH OVER US$ 2 BILLION

MUSCAT, Oman, Nov. 22, 2024 /PRNewswire/ — Future Fund Oman (FFO), the latest investment initiative under Oman Investment Authority (OIA), has announced its first batch of approved investment projects. With a combined value exceeding US$ 2 billion, these projects include US$ 1.6 billion committed by foreign investors and US$ 571 million contributed by FFO. The… Continue reading FUTURE FUND OMAN LAUNCHES FIRST WAVE OF INVESTMENT PROJECTS WORTH OVER US$ 2 BILLION

LONGi advocates for accelerating the energy just transition through green innovation at COP29

BAKU, Azerbaijan, Nov. 22, 2024 /PRNewswire/ — On November 11th, the 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change kicked off in Baku, the capital of Azerbaijan. The conference focused on how to fairly and effectively allocate climate financing resources, ensuring that every penny can be used to… Continue reading LONGi advocates for accelerating the energy just transition through green innovation at COP29