London, Jan. 15 (Korea Bizwire) – CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces that Pierre Lahutte is stepping down, with immediate effect, as Brand President of IVECO. The Company thanks Pierre for his leadership of IVECO for the past four and a half years and for his 21 years of service in the [...]
TORONTO, Jan. 9 (Korea Bizwire) — Penfund announced today that it has recently completed the final close of its sixth fund, Penfund Capital Fund VI, with committed capital of $1.15 billion (CDN). This amount materially exceeds the $724 million committed to Penfund Capital Fund V in 2016 and Fund VI’s original fundraising target of $900 [...]
LEAWOOD, Kan., Dec. 17 (Korea Bizwire) — On Monday, December 10, 2018, Euronet USA, Inc. signed an agreement with Banco de Moçambique to provide a modernized national payment network solution to Mozambique. Under the agreement, Euronet will provide state-of-the-art software for the financial system in Mozambique. Euronet’s superior technology combined with over 40 years of [...]
Boston, MA, Dec. 11 (Korea Bizwire) — Algo Capital, a blockchain-focused venture capital group, has announced the launch of a $100 million USD fund to invest and manage significant capital in emerging disruptors building on the Algorand decentralized platform over the course of the next decade. The Algorand protocol was designed by MIT professor, cryptography [...]
Santa Clara, California, Nov. 20 (Korea Bizwire) — Ondot Systems, the leading provider of Digital Card Services and Customer Empowerment Solutions, today announced that it was named by Deloitte’s Technology Fast 500TM as the fastest growing Silicon Valley FinTech company, and one of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech [...]
STAMFORD, Conn., Nov. 16 (Korea Bizwire) — The Navigators Group, Inc. (NASDAQ:NAVG) (“Navigators”) announced that, at a special meeting of stockholders held today, Navigators’ stockholders approved the adoption of the previously announced merger agreement relating to the proposed transaction between Navigators and The Hartford Financial Services Group, Inc. (“The Hartford”), whereby Navigators will become a [...]
Stuttgart, Germany, Nov. 15 (Korea Bizwire) — Daimler Financial Services AG announced today that Klaus Entenmann, Chairman of the Daimler Financial Services AG Board of Management (BoM), will step down from his position in May 2019. This move allows a smooth transition to a new leadership team before his scheduled retirement in December 2019. The [...]
HANOI, VIETNAM, Nov. 9 (Korea Bizwire) - Moody’s Investors Service has just upgraded the baseline credit assessment (BCA) and adjusted BCA of Vietnam International Bank (VIB) to B1 and Counterparty Risk Assessment (CRA) to Ba3. Previously, right after upgrading the Government of Vietnam’s long-term issuer and senior unsecured ratings to Ba3 from B1, Moody’s upgraded the long-term [...]
VICTOR, N.Y., Oct. 22 (Korea Bizwire) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it priced the public offering of $2.15 billion aggregate principal amount of Senior Notes, consisting of (i) $650.0 million of Senior Floating Rate Notes due 2021 (the “senior floating rate notes”); (ii) $500.0 million of 4.400% Senior Notes [...]
Santa Clara, California and Mexico City, Mexico, Oct. 22 (Korea Bizwire) — INVEX (BMV: INVEX A) Credit Card business, the only monoliner specializing in payments and cobranded cards, with focus on 100% digital customer experience in Mexico, has partnered with Ondot, the global leader in mobile payments services, to deliver full card life-cycle management associated [...]