Vista, the global leader in private aviation, announced Monday that it has signed a definitive agreement for a $600 million equity investment from a consortium of investors led by Asian investment firm RRJ Capital. This strategic funding marks another milestone in Vista’s growth journey and reinforces confidence in its business model and long-term vision. The investment will…
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Volex plc acquires 51% stake in inYantra Technologies for $8.0mn
LONDON, UK: Volex plc (AIM: VLX), the global supplier of integrated manufacturing services and power products, announced a 51% majority equity investment in inYantra Technologies Pvt Ltd for $8.0 million and the purchase of 13.5 acres of industrial land, which includes 3.5 acres of land and the operational buildings used by inYantra, in Pune, India…
Ismail Industries makes equity investment in PET resin plant
KARACHI: Ismail Industries Limited will make an equity investment of Rs1.5 billion in a recently incorporate subsidiary Ismail Resin Private Limited, which intends to setup a polyester resin (PET Resin) plant. Ismail Resin intends to setup PET Resin manufacturing plant with a capacity of 108,000 tons/annum keeping in view of growing demand of it. This…
Prudential announces $27.6bn reinsurance agreement alongside $500mn equity investment by Athene into its US business
SINGAPORE: The Board of Prudential plc has reached agreement with Athene Holding Ltd a leading retirement services company, for its subsidiary Athene Life Re Ltd to invest $500 million in Prudential’s US business in return for an 11.1 per cent economic interest for which the voting interest is 9.9 percent. Athene’s investment will be deployed…