MUNICH–(BUSINESS WIRE)–Apr. 11, 2024 Giesecke+Devrient (G+D) achieved the strongest growth in its history in fiscal year 2023, setting new records for sales, sales growth, and earnings. The G+D Group is entering a new phase in the company's development, and is helping to shape the digital transformation of society as a leading global SecurityTech company. 2023 […]
Category: Finance
Leonard Green & Partners and Berkshire Partners Portfolio Company SRS Distribution Enters into a Definitive Agreement to be Acquired by The Home Depot for $18.25 Billion
LOS ANGELES & BOSTON–(BUSINESS WIRE)–Mar. 28, 2024 The portfolio company of Leonard Green & Partners and Berkshire Partners, SRS Distribution (“SRS”), has entered into a definitive agreement with The Home Depot to be acquired for $18.25 billion. The details of this sale were made public in press releases issued this morning by The Home Depot […]
Techtronic Industries Delivers Solid 2023 Annual Results
Gross Margin Expanded to 39.5%, Free Cash Flow Increased to US$1.3 Billion HONG KONG–(BUSINESS WIRE)–Mar. 06, 2024 Global leader in cordless Professional Tools, DIY Tools, and Outdoor Power Equipment, Techtronic Industries Co. Ltd. (“TTI” or the “Group”) (stock code: 669, OTCQX: TTNDY, TTNDF) is pleased to announce the audited consolidated results of the Company and […]
SoftBank Ventures Asia is Newly Becoming SBVA
The New SBVA Establishes KRW 200B ($150M) Korea Venture Fund SEOUL, South Korea–(BUSINESS WIRE)–Jan. 29, 2024 SoftBank Ventures Asia is officially changing its company name to SBVA from beginning of February 1st after The Edgeof acquired the company from SoftBank Group Corp.(SBG) in June of last year. The new SBVA embraces the concept of technological […]
Google Pay India signs MoU with NPCI International for Global Expansion of UPI
NEW DELHI–(BUSINESS WIRE)–Jan. 18, 2024 Google India Digital Services (P) Limited and NPCI International Payments Ltd (NIPL), a wholly-owned subsidiary of the National Payments Corporation of India (NPCI) have signed a Memorandum of Understanding (MoU) to expand the transformative impact of UPI to countries beyond India. The MoU has three key objectives. First, it seeks […]
Salmon Becomes a Licensed Bank in the Philippines
MANILA, Philippines–(BUSINESS WIRE)–Jan. 09, 2024 Salmon, a fintech working to improve access to credit, savings and investments for over 500 million underserved customers in Southeast Asia, announces that it has received regulatory approval from the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) to acquire the controlling interest in Rural Bank of Sta. Rosa […]
Home Away From Home: CTBC Supports Taiwanese Employees to Go Overseas
TAIPEI,Taiwan–(BUSINESS WIRE)–Nov. 29, 2023 CTBC Bank Co., Ltd., staged an exhibition titled “Home Away From Home-Taking an adventure with the Leap to Embrace Cultural Differences!” at the Songshan Cultural and Creative Park on Nov. 25 to encourage Taiwanese professionals to chase their dreams of pursuing careers abroad. Having attracted approximately 2,000 visitors, this event invited […]
Home Away From Home: CTBC Encourages Taiwanese Professionals to Pursue Careers Abroad
TAIPEI, Taiwan–(BUSINESS WIRE)–Nov. 29, 2023 CTBC Bank Co., Ltd., staged an exhibition titled “Home Away From Home-Taking an adventure with the Leap to Embrace Cultural Differences!” at the Songshan Cultural and Creative Park on Nov. 25 to encourage Taiwanese professionals to chase their dreams of pursuing careers abroad. Having attracted approximately 2,000 visitors, this event […]
CTBC Releases Brand Promotional Video to Tell Story of Expatriate Employees in Thailand
TAIPEI, Taiwan–(BUSINESS WIRE)–Nov. 29, 2023 After two years of preparation, CTBC released a brand promotional video titled “Home Away From Home” on Nov. 13. In the form of a mini-documentary, this video tells a story about how CTBC’s expatriate employees in Thailand overcome their challenges with their courage and hard work amid the COVID-19 pandemic […]
SYNTAGMA CAPITAL Completes the Acquisition of Aginode the LAN/Data Center (“LAN/DC”) and Telecom/Fibre (“FTTx”) Division of Nexans SA (Euronext Paris: NEX)
BRUSSELS–(BUSINESS WIRE)–Nov. 02, 2023 Syntagma Capital today announces that it has completed its acquisition of Aginode (https://www.aginode.net), formerly known as Nexans Telecom & Data. The company, rebranded a few months ago to Aginode, designs, manufactures, and distributes smart connectivity solutions based on optical fibre and copper technologies to data centers, smart buildings, and telecom operators. […]
Recharge Capital Taps Bridgewater Associates Singapore Executive Margaret Wang as Managing Partner
Asset management heavyweight joins the investment firm to drive thematic-first strategies NEW YORK–(BUSINESS WIRE)–Sep. 19, 2023 Recharge Capital, the leading $6B thematic-first private investment firm, today announced former Executive Director and Head of Bridgewater Associates Singapore, Margaret Wang, has been appointed Managing Partner focused on leading its Women’s Health Strategy. Wang will lead the firm’s […]
H.I.G. Capital Closes Record $5.5 Billion H.I.G. Middle Market LBO Fund IV
MIAMI–(BUSINESS WIRE)–Sep. 12, 2023 H.I.G. Capital (“H.I.G.”), a leading global alternative asset management firm with $58 billion of capital under management, is pleased to announce the closing of H.I.G. Middle Market LBO Fund IV (the “Fund”). The Fund closed with aggregate capital commitments of $5.5 billion, in addition to co-investment separately managed accounts of $450 […]