VALLETTA, Malta, Dec. 15, 2022 /PRNewswire/ — Kindred utilises the one-year extension option of the revolving facility agreement previously signed in November 2021 and thereby extends the existing financing until November 2025. The total committed facilities will also be increased by EUR 40 million by utilising the accordion feature and at the same time the group… Continue reading Kindred utilises extension option of revolving credit facility agreement and broadens group of lenders
Tag: Strategy
Kindred utilises extension option of revolving credit facility agreement and broadens group of lenders
VALLETTA, Malta, Dec. 15, 2022 /PRNewswire/ — Kindred utilises the one-year extension option of the revolving facility agreement previously signed in November 2021 and thereby extends the existing financing until November 2025. The total committed facilities will also be increased by EUR 40 million by utilising the accordion feature and at the same time the group… Continue reading Kindred utilises extension option of revolving credit facility agreement and broadens group of lenders
Gaming Innovation Group acquires AskGamblers
ST JULIANS, Malta, Dec. 15, 2022 /PRNewswire/ — Gaming Innovation Group Inc. (GiG) has today signed an agreement to acquire the casino affiliate websites Askgamblers.com, Johnslots.com, Newcasinos.com and several smaller domains from Catena Media Plc. The total consideration is EUR 45 million, of which EUR 20 million will be paid in cash on closing, EUR 10… Continue reading Gaming Innovation Group acquires AskGamblers
Gaming Innovation Group acquires AskGamblers
ST JULIANS, Malta, Dec. 15, 2022 /PRNewswire/ — Gaming Innovation Group Inc. (GiG) has today signed an agreement to acquire the casino affiliate websites Askgamblers.com, Johnslots.com, Newcasinos.com and several smaller domains from Catena Media Plc. The total consideration is EUR 45 million, of which EUR 20 million will be paid in cash on closing, EUR 10… Continue reading Gaming Innovation Group acquires AskGamblers
ALMAC and DURA Automotive Systems Announce Joint Venture
New company to provide precision automotive components based on advanced aluminum alloys and proprietary extrusion technologies Flagship manufacturing site to be located in Skopje, Republic of N. Macedonia More than 70 new technology jobs created for the local economy beginning in 2022 Skopje, Republic of North Macedonia Groundbreaking — News — August 18, 2021 Auburn… Continue reading ALMAC and DURA Automotive Systems Announce Joint Venture
Mews closes $185 Million in fundraising to transform the hospitality industry for brands and their guests
The Series C fundraising brings the total amount raised to date to over $225 million. Latest funding led by Kinnevik and Goldman Sachs Asset Management; Akhil Chainwala from Kinnevik and Kirk Lepke from Goldman Sachs to join the board. Funding will be used to accelerate product innovation, global expansion and consolidation through its Mews Ventures… Continue reading Mews closes $185 Million in fundraising to transform the hospitality industry for brands and their guests
Mews closes $185 Million in fundraising to transform the hospitality industry for brands and their guests
The Series C fundraising brings the total amount raised to date to over $225 million. Latest funding led by Kinnevik and Goldman Sachs Asset Management; Akhil Chainwala from Kinnevik and Kirk Lepke from Goldman Sachs to join the board. Funding will be used to accelerate product innovation, global expansion and consolidation through its Mews Ventures… Continue reading Mews closes $185 Million in fundraising to transform the hospitality industry for brands and their guests
HEAL Partners closes $143m Fund I, seeks up to $500m for Fund IIThe second fund is expected to secure a first close in H1 2023.
HEAL Partners, an Australia-based growth and follow-on investment firm specialising in the healthcare, education and lifestyle sectors, has closed its first fund at A$200 million ($143 million) and already launched a $350–500 million second fund. HEAL Fund I’s close doubled its initial target, the investment firm said in a statement. Launched in August 2020, the… Continue reading HEAL Partners closes $143m Fund I, seeks up to $500m for Fund IIThe second fund is expected to secure a first close in H1 2023.
Korea Investment Corporation acquires minority stake in Golub Capital
Korea Investment Corporation (KIC), the sovereign wealth fund of South Korea, has acquired a minority stake in US-headquartered Golub Capital’s management companies, according to a statement. The minority stake, which is passive and non-voting, expands the strategic partnerships between the two firms. Financial details of the transaction were not disclosed but the announcement said it… Continue reading Korea Investment Corporation acquires minority stake in Golub Capital
Clean Technica: GM Sprints Past Tesla With Big EV Battery Plans & Green H2, Too002453
Critics of Tesla have long warned that investors should brace themselves for competition from other EV makers, and GM is a case in point. GM has just dialed its EV battery supply chain up to 11, and the company is also building on its decades-long experience with fuel cells to dip into the green hydrogen… Continue reading Clean Technica: GM Sprints Past Tesla With Big EV Battery Plans & Green H2, Too002453