NEW YORK: Buyers Edge Platform, a pioneer in digital procurement for the foodservice sector, has announced a substantial $425 million preferred equity investment. The investment round is spearheaded by General Atlantic Credit’s Atlantic Park fund, with notable contributions from Blackstone Tactical Opportunities and Morgan Stanley Tactical Value funds. The infusion of capital is set to…
Tag: Global Expansion
Mercedes-Benz and BYD join forces and develop a new DENZA car
In the heart of Stuttgart, a new era of automotive innovation is taking shape. Mercedes-Benz, in collaboration with BYD, one of China’s foremost pioneers in new energy vehicles, has unveiled their latest creation under the esteemed DENZA brand. This luxury car, a fusion of elegance and cutting-edge technology, recently graced the city’s streets, turning heads…
Zotefoams Plc appoints Ronan Cox as new Group CEO to lead global expansion
LONDON, UK: Zotefoams, a pioneer in cellular materials technology, has announced the appointment of Ronan Cox as the Group CEO designate. The announcement follows the company’s earlier statement on 7 November 2023. Cox, who brings a wealth of international leadership experience, will join Zotefoams on 2 April 2024 and take his place on the Board…
Waga Energy secures €52 million for global expansion in oversubscribed offering
PARIS, FRANCE: Waga Energy, renowned for transforming landfill gas into Renewable Natural Gas (RNG), has announced a triumphant capital increase of €52 million. The accelerated bookbuild offering, which was initially targeted at a minimum amount, saw a 15% increase due to overwhelming demand from both international and French investors. The fresh capital, raised through the…
Moomoo’s parent Futu Holdings reports robust growth and global expansion in 2023
Futu Holdings Ltd., the parent company of the innovative online brokerage and wealth management platform moomoo, has announced a strong financial performance for the fourth quarter of 2023. The company’s unaudited earnings report revealed revenues of US$303.8 million, marking a 4.1% increase year-over-year, and a non-GAAP adjusted net income of US$121.7 million. For the fiscal…