by Sebastian | Jan 4, 2021 | ITPEC, News
Italian healthcare company Angelini said on Monday it would buy Swiss-based private equity-backed Arvelle Therapeutics in an all-cash transaction valuing the biopharmaceutical company up to $960 million. The deal is the biggest acquisition ever for the 100-year old...
by Sebastian | Jan 3, 2021 | News
Sunpower Group is divesting its manufacturing and services (M&S) business for 2.3 billion yuan (S$463.3 million), after which 1.3 billion yuan of the net proceeds will be used for a proposed special dividend amounting to 1.1627 yuan per share on a fully-diluted...
by Sebastian | Jan 3, 2021 | News
Chinese regulators are reviewing equity investments by Ant Group in dozens of companies, three people with knowledge of the matter said, intensifying a crackdown on billionaire Jack Ma’s financial technology empire. The regulators are considering whether to...
by Sebastian | Jan 2, 2021 | News
Private equity firm Apax Partners has inked an agreement to acquire the software products business of 3i Infotech Ltd for $136 million, sealing its first India deal in almost two years. The deal will help 3i Infotech repay all its debt, strengthen its balance sheet...
by Sebastian | Jan 2, 2021 | News
Thoma Bravo, a leading private equity investment firm focused on the software and technology-enabled services sectors, today announced the completion of its strategic growth investment in Venafi, the inventor and leading provider of machine identity management. “We...
by Sebastian | Jan 2, 2021 | News
Locked-down smokers around the world are proving to be a boon for the Dominican Republic’s cigar and tobacco industry. Already the world’s largest cigar producer, the Caribbean nation is on track to export a record $1 billion worth of tobacco products this year. That...
