MIAMI–(BUSINESS WIRE)–Sep. 12, 2023 H.I.G. Capital (“H.I.G.”), a leading global alternative asset management firm with $58 billion of capital under management, is pleased to announce the closing of H.I.G. Middle Market LBO Fund IV (the “Fund”). The Fund closed with aggregate capital commitments of $5.5 billion, in addition to co-investment separately managed accounts of $450 […]
SINGAPORE–(BUSINESS WIRE)–Sep. 06, 2023 Venture capital firm 500 Global today announced the successful close of US$143 million1 across its largest Southeast Asian early-stage fund to date, 500 Southeast Asia III, L.P. (500 SEA III), and its growth investment vehicle for Southeast Asia. The new early-stage and growth vehicles demonstrate the team’s commitment to supporting founders […]
BANGKOK–(BUSINESS WIRE)–Sep. 04, 2023 Charles River® Development, a State Street company, announced that Thailand’s Government Pension Fund (GPF), one of Thailand’s largest pension funds with more than 1.2 million members, has selected the Charles River Investment Management Solution (Charles River IMS) to modernise their front office operations and manage their domestic and international equity, fixed […]
NEW YORK–(BUSINESS WIRE)–Aug. 30, 2023 Starr Insurance today announced that Sean Chen, a 14-year member of Starr’s global team, has been named chief executive officer of Starr International Insurance (Singapore) Pte. Ltd. (Starr Singapore), effective August 28. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230829271989/en/ Sean Chen, CEO of Starr Singapore (Photo: […]
Cleveland-Cliffs Refused to Allow for a Standard Process to Assess Their Offer Company Reaffirms Invitation for Cleveland-Cliffs to Participate in the Strategic Review PITTSBURGH–(BUSINESS WIRE)–Aug. 14, 2023 United States Steel Corporation (NYSE: X) (“U. S. Steel” or “the Company”) today confirmed that it has invited Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) to participate in its previously announced strategic […]
Company Committed to Maximize Stockholder Value After Receiving Multiple Unsolicited Proposals Proposals Received to Date are a Validation of U. S. Steel’s Strategy and Successful Track Record of Execution PITTSBURGH–(BUSINESS WIRE)–Aug. 13, 2023 United States Steel Corporation (NYSE: X) (“U. S. Steel”) today announced that its Board of Directors has decided to initiate a formal […]
HONG KONG–(BUSINESS WIRE)–Aug. 09, 2023 Global leader in cordless Professional Tools, DIY Tools, and Outdoor Power Equipment, Techtronic Industries Co. Ltd. (“TTI” or the “Group”) (stock code: 669, OTCQX: TTNDY, TTNDF) is pleased to announce its results for the six months ended June 30, 2023. The Group delivered solid results for the first half of […]
MANILA, Philippines–(BUSINESS WIRE)–Jul. 20, 2023 Consumer fintech Salmon today announces it has secured a USD 20MM debt facility from U.S. emerging-markets specialist investment firm Argentem Creek Partners, enabling Salmon to further scale its lending operations across the Philippines. Building on significant investor interest in the debt placement, Salmon will expand its loan book, leveraging its […]
ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–May. 31, 2023 XDC Network (represented by TradeFinex Tech Ltd) is pleased to announce its partnership with SBI VC Trade Co. Ltd., a prominent Japan's cryptocurrency exchange within the SBI Group. This strategic collaboration marks a significant milestone for XDC Network as it expands its ecosystem in the Japanese market. […]
Stretched finances due to higher cost-of-living push many to consider falsifying information BANGKOK–(BUSINESS WIRE)–May. 30, 2023 FICO (NYSE: FICO), a leading global provider of analytics software, today announced further findings from its consumer fraud survey exploring attitudes and preferences towards fraud checks. The study revealed that almost half of Thais are willing to commit fraud […]
Fortress’ management team to take a significant equity position NEW YORK & ABU DHABI, United Arab Emirates–(BUSINESS WIRE)–May. 22, 2023 Fortress Investment Group (“Fortress”) and Mubadala Investment Company, through its wholly owned asset management subsidiary Mubadala Capital (“Mubadala Capital”), today announced that they have entered into definitive agreements to acquire 90.01% of the equity of […]
SKILLMAN, N.J.–(BUSINESS WIRE)–May. 04, 2023 Kenvue Inc. (NYSE: KVUE) (“Kenvue”), the world’s largest pure-play consumer health company by revenue, will begin trading today on the New York Stock Exchange under the ticker symbol “KVUE” in connection with its initial public offering (“IPO”). Chief Executive Officer (“CEO”) and Director, Thibaut Mongon, and members of the Kenvue […]
