CHICAGO: YCharts has formed a new partnership with United Planners Financial Services, a news release said. United Planners’ more than 450 affiliated financial advisors will have access to YCharts’ tools to research investment opportunities, build portfolio strategies, and communicate insights to their clients and prospects. Financial advisors will have access to YCharts’ full suite including…
Hileman Cowley and LLJ Ventures sell Comcast Esports Studio to Nuveen
LOS ANGELES: Hileman Cowley Partners and LLJ Ventures announced the sale of Comcast Esports Studios to Nuveen. Located in the heart of the Burbank / Glendale Media Triangle, Comcast Esports Studios, now under construction, will be a state-of-the-art production, streaming, and broadcast facility. Equipped with two sound stages, two production studios, open working areas, outdoor…
Mochi.Market partners with Plasm Network
SINGAPORE: MochiLab’s Mochi.Market will partner with Plasm Network to build a Polkadot version of its multi-chain NFT DEX ecosystem, a news release said. Mochi.Market aims to solve three important challenges in the NFT marketplace including lack of liquidity, lack of monetization strategy for NFT holders, and lack of cross-chain usage between NFTs and fungible tokens…
AmCham members tour Mueller Middle East
MANAMA, BAHRAIN: Members of the American Chamber of Commerce in Bahrain (AmCham) enjoyed a tour of Mueller Middle East (MME), the first and only Copper Tube manufacturing facility in the MENA region. MME produces tailor made seamless and inner grooved copper tubes for Air Conditioning and Refrigeration Original Equipment Manufacturers. MME serves customers across the…
GFH Properties awarded ‘Best Development in MENA’
MANAMA, BAHRAIN: GFH Properties, one of the leading real estate developments in the Kingdom of Bahrain, has received the “Best Development in MENA” award for its “The Harbour Row” project at the Architecture Leaders Awards 2021. Organised by BNC Publishing and Design Middle East, the inaugural Architecture Leaders Awards 2021 aims to celebrate creativity and…
Spanish technology company, FacePhi lands in Vietnam
PARIS: FacePhi maintains its momentum in Asia with the signing of a new agreement with Pinetree Securities, the digital leading finance company specialized in online investment services in Vietnam. This project represents the entry of Spanish technology into the Vietnamese market, marking a new milestone in its rapid expansion across the Asian continent, just two…
Ørsted acquires Ireland and UK onshore wind power platform from Brookfield Renewable
COPENHAGEN: Ørsted A/S has entered into an agreement with Brookfield Renewable to acquire 100% equity interest in its existing Ireland and UK onshore wind business, Brookfield Renewable Ireland (BRI). The agreement is based on an enterprise valuation of BRI of EUR 571 million as of 31 December 2020. The final price will be subject to…
Bayn Group raises SEK 502 million through a directed issue of 20.5 million shares
STOCKHOLM: Bayn Group AB has successfully carried out a directed new issue of 20.5 million shares, at a subscription price of SEK 24.50 per share, entailing proceeds of approximately SEK 502 million. The subscription price was determined through an accelerated bookbuilding procedure conducted by Carnegie Investment Bank AB (publ) as Sole Global Coordinator and Bookrunner….
AFC Energy announces ABB investment, partnership in global data centre market
LONDON: AFC Energy announced ABB’s commitment in making a strategic investment into AFC Energy and to strengthen the corporate partnership by entering into a new Development Agreement specifically relating to the burgeoning global data centre market. As announced by AFC Energy earlier today, ABB has invested £3.25 million into the Company pursuant to a Subscription…
Saint-Gobain divests its pipe business in China
LONDON: Saint-Gobain announced the signature of an agreement concerning PAM China, pursuant to which the Group is selling 67% of its Pipe business in China to a consortium led by local management. The transaction should close during summer 2021 and values the company at around €100 million. PAM China comprises a production facility in Ma’anshan,…
AFC Energy expands partnership with ABB, announces £35 million fundraising
LONDON: AFC Energy plc announced the expansion of its existing strategic partnership with ABB through the signing of a new Development Agreement for the integration and supply of fuel cells to the global data centre market. AFC received investment from commercial partners, ABB (£3.25 million) and Dutco (£1.5 million), by way of a subscription of…
Ocado Group will invest £10 million in Oxbotica Ltd.
LONDON: Ocado Group plc has commercially partnered with Oxbotica Ltd., headquartered in Oxford. Ocado will invest £10m in Oxbotica as part of Oxbotica’s latest Series B equity funding round. The round was led by bp ventures, and included other strategic and financial investors in the U.S., the U.K., China and Australia, such as Tencent, Halma,…