Latest News for: Acquisitions fund

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Window acquires Fintech Drift to provide differentiated insights into the future of finance and ESG

The Salamanca Press 18 Jan 2022
The acquisition further solidifies Window's position as a leader among ESG data providers ... "This acquisition by Window is a major step forward for Fintech Drift ... The acquisition will greatly improve our reporting and communications capabilities and is a crucial step forward in expanding our market footprint among English-speaking audiences.".
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Delhivery, Radiant CMS, Veranda Learning Solutions get SEBI nod for IPO

Business Line 18 Jan 2022
The proceeds from the issue will be spent towards funding organic growth initiatives and other strategic initaitives. As much as ₹2,500 crore will be spent towards funding organic growth initiatives, while ₹1,250 crore will go for funding inorganic growth through acquisitions and other strategic initiatives.
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Glaxo courts Qatar and Singapore to head off £50bn Unilever swoop

The Daily Telegraph 18 Jan 2022
Alan Jope, chief executive of Unilever, said he was prepared to sell food brands to fund the acquisition, with sources at the company saying the likes of Marmite, Hellmann’s mayonnaise and Ben & Jerry’s were all on the block ... A sovereign wealth fund would be able to act as a buyer for these investors' shares.
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Chinese lender to issue bonds for M&A in cash-strapped property sector

Metro USA 18 Jan 2022
SHANGHAI (Reuters) – Property developer shares rose on Tuesday after a Chinese lender unveiled a plan to issue debt to fund real estate acquisitions – the first bank to do so – while Beijing sought to reassure investors about the broader impact of defaults on bond markets.
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BitMEX exchange set to acquire German bank

Cryptopolitan 18 Jan 2022
BitMEX acquirs one of Germany’s oldest bank to boost its expansion.Bank, Bankhaus von der Heydt already into crypto products before acquisition ... However, the complete acquisition of the German bank is still subject t to approval by Germany’s Federal Financial Supervisory Authority (BaFin) and is expected to be finalized in mid-2022, BitMEX said.
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Hero MotoCorp, Engine No 1 join Gogoro’s PIPE, taking the round to $285 mn

Live Mint 18 Jan 2022
India's largest two-wheeler maker Hero MotoCorp, along with Engine No 1 and one other investor has joined Gogoro and Poema Global Holdings, a special purpose acquisition company (SPAC), PIPE investment, raising the raising the total funding to $285 million, according to an exchange filing.
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Taiwanese scooter and battery maker Gogoro increases PIPE funding to US$285 million ahead of SPAC listing

South China Morning Post 18 Jan 2022
... equity (PIPE) oversubscribed funding round, which increased from US$257 million to US$285 million.
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Microsoft to Purchase Activision Blizzard for $68.7 Billion

New York Observer 18 Jan 2022
For Microsoft, which owns the gaming and console-maker XBox, the deal, if completed, will represent its largest acquisition in history ... A Microsoft spokesperson confirmed to IGN that Kotick will stay in place as CEO after the acquisition ... funding to continue to build the metaverse.
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Metaverse company Animoca Brands more than doubles in value to $5 billion after Soros and ...

Business Insider 18 Jan 2022
The Sandbox Animoca Brands raised $358 million in a funding round valuing the company at $5 billion. The metaverse developer got buy-in from Soros Fund Management and the Winklevoss twins ... The company said it will use the funds for acquisitions, product development, and licenses for intellectual property.�.
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UAE gets vote of confidence from foreign investors

Gulf News 18 Jan 2022
While FDI comes from direct foreign investments in green field ventures, start-ups, angel funding, venture capital, private equity investments and through mergers and acquisitions ... To attract more investment into the UAE, the authorities have recently allowed the creation of special purpose companies for acquisition or mergers.
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Metaverse startup Animoca Brands hits valuation of over $5 billion with new funding

The Block 18 Jan 2022
Animoca Brands, an Australia-based metaverse startup focused on NFTs and gaming, has raised $358.88 million in new funding round and is now valued at over $5 billion ... With fresh capital in hand, Animoca Brands plans to continue funding acquisitions and investments and further develop its gaming products.
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What acquisition of Datawrkz & Planet Superheroes mean for Nazara

The Times of India 18 Jan 2022
How big is the recent acquisition of Planet Superheroes? Why do you think it is a game changer? ... Any update that you can share with us? What you are going to do with the funds that will be raised? ... We have just announced an acquisition ... We would love to know more about what this acquisition really brings on the table for you?.
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Unilver selling food division could fund raised bid for Glaxo consumer healthcare business

The Times/The Sunday Times 18 Jan 2022
... including a possible acquisition of the GlaxoSmithKline division, would require Unilever to raise funds from the sale of assets to reduce its debt.
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Animoca Brands raises $358 million to grow the open metaverse

Cryptoslate 18 Jan 2022
In the latest round of funding, Australian metaverse company Animoca Brands raises over ... According to a press release, the new capital will be used to continue funding strategic acquisitions and investments, product development, and licenses for popular intellectual properties.
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OpenGate Capital Acquires Specialty Solvent and Chemical Distribution Business Chemisphere Corp.

The Maryville Daily Times 18 Jan 2022
Terms of the acquisition were not disclosed ... To date, OpenGate Capital, through its legacy and fund investments, has executed more than 30 acquisitions including corporate carve-outs, management buyouts, special situations, and transactions with private sellers across North America and Europe.
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