SINGAPORE, July 30 (Korea Bizwire) — OMERS Infrastructure today announced that it has signed a Stock Purchase Agreement to acquire from International Finance Corporation and IFC GIF Investment Company I an approximately 19.4% stake in Azure Power Global Limited (NYSE: AZRE), for a total consideration of approximately US$219m. Founded in 2008, Azure Power is a [...]
Boston, MA, July 21 (Korea Bizwire) — Aite Group LLC and Novarica Inc. have joined forces to create the leading advisory firm focused on helping executives from banks, payments providers, insurers, securities firms and their respective service providers respond to important technology, market, operations, and regulatory changes. “We have a tremendous opportunity to leverage our [...]
SINGAPORE, July 15 (Korea Bizwire) – Bybit, hitherto the world’s largest derivatives-only cryptocurrency exchange, has announced its expansion into the crypto spot trading market. Bybit Makes Audacious Stride Into Spotlight Bybit’s newspot trading platform opens to all on July 15 at 6AM UTC, and comes with zero maker fees. Upon launch, BTCUSDT, ETHUSDT, XRPUSDT and [...]
Paris, June 30 (Korea Bizwire) — The Consortium of investors composed of Meridiam and Global Infrastructure Partners, each with a 40% stake, and the Caisse des Dépôts Group with CNP Assurances, with a 20% stake (including 8% for CNP Assurances)1 submitted a binding final offer to Suez and Veolia to purchase the “new SUEZ” on [...]
TORONTO, June 30 (Korea Bizwire) — AGF Management Limited (AGF or the Company) (TSX: AGF.B) today announced financial results for the second quarter ended May 31, 2021. AGF reported total assets under management and fee-earning assets1 of $40.8 billion compared to $35.8 billion as at May 31, 2020. “While the pandemic persisted through another quarter, we continued to gain sales [...]
HONG KONG, June 29 (Korea Bizwire) — Today, Institutional Investor Research (II Research) announced the results of their 11th Annual Asia Executive Team survey, revealing Asia’s leading CEOs, CFOs, Investor Relations Officers, and Investor Relations programs that best uphold corporate governance standards and facilitate investment into their company. A total of 116 companies attained a published position [...]
Paris, France, June 15 (Korea Bizwire) – Jeito Capital (“Jeito”), a rapidly emerging independent Private Equity firm dedicated to biotech and biopharma, today announces that it has become a key investor as part of a $67 million Series B financing round in Alentis Therapeutics (Alentis). The Swiss biotech company, a spin-off of French Inserm with R&D in [...]
NEW YORK, June 8 (Korea Bizwire) — Madison Realty Capital, a fully integrated real estate private equity firm focused on debt and equity investment strategies, today announced it has provided a $278.5 million construction loan for a portfolio of four assets located in Austin, Texas to Reger Holdings, LLC, a New York-based real estate investment [...]
HO CHI MINH CITY, VIETNAM, June 8 (Korea Bizwire) – The Ho Chi Minh City Development Joint Stock Commercial Bank (HoSE: HDBank) has announced plans to increase its charter capital to more than VND20.273 trillion (US$879.48 million) by paying dividends for 2020 in shares and an employee stock option plan. According to information published by [...]
NEW YORK, June 2 (Korea Bizwire) — Madison Realty Capital, a fully integrated real estate private equity firm focused on debt and equity investment strategies, today announced it has provided a $30 million first mortgage loan to Metropica Development for a luxury condominium tower and a ten-acre development site, which includes plans to develop a [...]