Nomura Holdings to acquire U.S. M&A firm Greentech in US$92m deal

Nomura Holdings to acquire U.S. M&A firm Greentech in US$92m deal

Published: 21 hours agoAuthor: Pankaj Singh

Nomura Holdings, a financial holding company in Japan, has recently announced that it will buy Greentech Capital Advisors, a mergers and acquisitions advisory company from the U.S. that specializes in renewable energy. This will be the company’....

Perfect Day raises $140 Mn in a Series C funding round led by Temasek

Perfect Day raises $140 Mn in a Series C funding round led by Temasek

Date: 2019-12-13Author: Saipriya Iyer

Perfect Day, a US-based food technology startup that has innovated new processes of creating dairy products by using casein, reportedly announced that it raised $140 million in a Series C funding round. This investment round was led by Temasek with e....

Current Health raises $11.5 million in Series A funding round

Current Health raises $11.5 million in Series A funding round

Date: 2019-12-12Author: Pankaj Singh

Current Health, a renowned New York based universal patient management platform, reportedly announced that it has closed a $11.5 million Series A funding round which was co-led by UK based MMC Ventures. The first and largest corporate investor in ....

York Tactical Energy Fund and Bayswater team-up to form a new JV

York Tactical Energy Fund and Bayswater team-up to form a new JV

Date: 2019-12-11Author: Saipriya Iyer

Bayswater Resources, a renowned Colorado based oil and natural gas firm, and York Tactical Energy Fund, a private investment fund run by York Capital Management investment professionals, have reportedly signed a new agreement to establish a strategic....

FoodMaven raises $15.3 million from Series B funding round

FoodMaven raises $15.3 million from Series B funding round

Date: 2019-12-10Author: Saipriya Iyer

U.S.-based food startup, FoodMaven Corp. has a unique business model that offers imperfect and oversupplied food to foodservice providers and restaurants. Recently, the company announced securing $15.3 million from its Series B funding round. Acco....

Bilfinger secures 3-year blanket agreement contract from TRANSCO

Bilfinger secures 3-year blanket agreement contract from TRANSCO

Date: 2019-12-10Author: Saipriya Iyer

Bilfinger, a global provider of engineering and industrial services, announced that it has secured a multimillion-dollar maintenance contract from Abu Dhabi Transmission & Despatch Company, (TRANSCO). Under the terms of the three-year blanket ....

Vertosa closes $6 million round of seed funding to scale strategically

Vertosa closes $6 million round of seed funding to scale strategically

Date: 2019-12-06Author: Saipriya Iyer

Vertosa, a renowned California based cannabis as well as hemp infusion technology company, reportedly announced that it has closed a $6 million Series Seed Funding Round which was co-led by the New York based Welcan Capital and California based AFI C....

Halliburton to cut 800 jobs in Oklahoma citing the U.S. shale slowdown

Halliburton to cut 800 jobs in Oklahoma citing the U.S. shale slowdown

Date: 2019-12-05Author: Saipriya Iyer

Halliburton, a renowned U.S. based oil field service company, has reportedly sent a notice to the Oklahoma Office of Workforce Development stating that it would be dismissing 800 employees due to slowdown in U.S shale growth. The Oklahoman agency rep....

IFF declares expansion of Tastepoint Blueprint to serve mid-tier users

IFF declares expansion of Tastepoint Blueprint to serve mid-tier users

Date: 2019-12-04Author: Pankaj Singh

International Flavors & Fragrances, a New York based global leader across the scent, taste and nutrition sectors, has reportedly announced to expand its ‘Tastepoint by IFF’ in various geographical locations around the world and provid....

Stratasys appoints TCL Hunt and TCL Hofmann as channel partners

Stratasys appoints TCL Hunt and TCL Hofmann as channel partners

Date: 2019-12-03Author: Pankaj Singh

Stratasys AP, a subsidiary of Stratasys Ltd., recently announced that it has appointed TCL Hunt and TCL Hofmann as official channel partner to expand its footprint in New Zealand and Australia. Professional additive manufacturing solutions of St....

Telecom company Optus fined USD 6.4 million over misleading emails

Telecom company Optus fined USD 6.4 million over misleading emails

Date: 2019-12-02Author: Pankaj Singh

Apparently, the telecommunication giant had sent around 140,000 customers emails falsely warning that their broadband services would be discontinued very soon As the new NBN rollout nears completion, there seems to be nationwide confusion across A....

Codemasters buys Project CARS developer Slightly Mad Studios for $30M

Codemasters buys Project CARS developer Slightly Mad Studios for $30M

Date: 2019-11-30Author: Pankaj Singh

Codemasters, a leading video game developer based in the United Kingdom, has recently announced the acquisition of Project CARS developer Slightly Mad Studios for $30 million. Sources close to the matter claimed that following the acquisition, Codema....

Bitstop join forces with Simon Malls to install Bitcoin ATMs

Bitstop join forces with Simon Malls to install Bitcoin ATMs

Date: 2019-11-29Author: Saipriya Iyer

Cryptocurrency is increasingly spreading its reach to business verticals worldwide. With Bitcoin ATMs, users can now buy cryptocurrency directly using cash. In a bid to strengthen its position in the cryptocurrency market, Miami-based Bitstop has rep....

HSBC to shift assets worth $20Bn to Digital Vault blockchain platform

HSBC to shift assets worth $20Bn to Digital Vault blockchain platform

Date: 2019-11-28Author: Saipriya Iyer

HSBC, the renowned British multinational investment bank, is reportedly planning to migrate its assets worth approximately $20 billion to a new blockchain-based custody platform. the company aims to complete the shift by March 2020. By deploying t....

Decibel gathers $17 million from a Series B investment round

Decibel gathers $17 million from a Series B investment round

Date: 2019-11-27Author: Saipriya Iyer

Decibel, a renowned UK based digital experience intelligence company, reportedly announced that it raised $17 million in a Series B investment round. Draper Esprit, one of the leading VC firms in Europe led the funding round. The company’s exis....

Mengniu Dairy acquires Lion Dairy & Drinks portfolio for $600Mn

Mengniu Dairy acquires Lion Dairy & Drinks portfolio for $600Mn

Date: 2019-11-26Author: Saipriya Iyer

In a move to expand its product offering, China Mengniu Dairy Company Ltd. has recently inked a deal with Australia’s renowned dairy firm Lion Dairy & Drinks to acquire brands like Dare iced coffee and Big M. Reportedly, the move follows Me....

L’Oréal announces plans to acquire Indian beauty brands and startups

L’Oréal announces plans to acquire Indian beauty brands and startups

Date: 2019-11-25Author: Pankaj Singh

L'Oréal S.A., a French cosmetic company, is reportedly planning to acquire startups and brands that are operating in the India’s beauty-tech space. According to L’Oréal’s Chairman, Jean Paul Agon, their Indian unit....

Investment firm KKR confirms the sale of LGC to major consortium

Investment firm KKR confirms the sale of LGC to major consortium

Date: 2019-11-23Author: Pankaj Singh

The leading global investment firm KKR reportedly announced having sold off a pioneer in the Life Science Tools sector, LGC to Cinven and Astorg. However, the financial terms of the deal have not yet been disclosed by the parties. For the uninitia....

TPG Pace closes business combination deal with Accel Entertainment

TPG Pace closes business combination deal with Accel Entertainment

Date: 2019-11-22Author: Pankaj Singh

U.S. headquartered equity company, TPG Pace Holdings Corp. recently announced the completion of its earlier stated business arrangement with a leading gaming-as-a-service provider, Accel Entertainment, Inc.   For the record, TPG Pace and Acce....

Fingerprint Cards launches new capacitive touch sensor for smartphones

Fingerprint Cards launches new capacitive touch sensor for smartphones

Date: 2019-11-21Author: Saipriya Iyer

Fingerprint Cards, a renowned Swedish biometrics manufacturer, reportedly announced the launch of its side-mounted capacitive touch sensor to be used for biometric authentication in mobile devices. The new FPC1540 sensor enables a wide array of innov....

Tata Steel to remove 3,000 employees from its Europe business

Tata Steel to remove 3,000 employees from its Europe business

Date: 2019-11-20Author: Pankaj Singh

Tata Steel, a renowned Indian steel manufacturing company reportedly announced that it plans to cut 3,000 jobs from its European business. The move comes as a part of the company’s plan to put an end to the reducing profitability in the contine....