Enterprise
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Korean ST Unitas to acquire the Princeton Review
During the press conference at Conrad Hotel in Seoul on the 14th of February, Korean’s ST Unitas has made an announcement that it is to acquire the Princeton Review.
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IFC to invest US$20 million in China’s Qiongzhong Rural Credit Cooperative
International Finance Corporation (IFC), the private lending arm of the World Bank, has made an investment of RMB130 million (about US$20 million) in China’s listed bank Qiongzhong Rural Credit Cooperative (RCC). As per an IFC’s…
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Mobvista secures US$100 million credit facility from Bank of China
Bank of China granted almost US$100 million credit facility to Mobvista, a global leading mobile marketing company, marking the largest credit facility in the industry of China.
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Wah Seong Corp acquires German pipeline coating firm mutares AG for US$20.6 million
Wah Seong Group has acquired a Germany-based pipe coating firm, mutares Holding-16 AG for US$20.6 million, to gain access to mutares’ pipe coating plant for the Nord Stream 2 project in the Baltic Sea.
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China Media Capital, SECA to invest tens of millions of Euros in FIA Formula E Championship
CMC Capital Partners announced on Tuesday that it has invested millions of euros into Formula E Holdings, the official promoter of the FIA Formula E Championship.
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Chinese consumer appliance maker Midea to buy Israeli motion control firm Servotronix for US$170 million
Chinese robotics and electronics giant – Midea has acquired the control of Petah Tikva-based automation solutions – Servotronix at a company value of US$170 million.
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Deutsche Wealth and Asset Management buys two logistics facilities from Propertylink for US$56 million
Deutsche Asset Management (Deutsche AM) has on Monday acquired two logistics facilities from PropertyLink which are located in Melbourn and Brisbane, in an off-market transaction on behalf of a German institutional client for US$56.07 million.
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Chinese B2B e-commerce platform Huimin to acquire Sequoia-backed Beequick
Huimin, a Beijing-based neighbourhood store startup has yesterday acquired Sequoia-backed Beequick, an online to offline delivery service. Financial details of the agreement were not disclosed.
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Standard Chartered Private Equity acquires Chinese beauty center operator Siyanli
Standard Charted Private Equity (SCPE) has acquired a majority stake in Siyanli, a Chinese beauty center operator. Post-acquisition, Zhu Wei will take the role of chairman at Siyanli.
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Razer acquires Nextbit, the maker of cloud-based smartphone Robin
Nextbit, the startup responsible for cloud-based smartphone Robin has become part of the Razer Family. However, Nextbit will remain as a standalone business, continuing to support the Robin smartphone while enhancing the Android ecosystem.
