AIP Capital (AIP), a global asset management and investment company, announced today the formation of Phoenix Aviation Capital, a full-service aircraft lessor focusing on financing modern, high-demand aircraft worldwide. Phoenix is wholly owned by an American insurance and financial services…
LONDON: Tesco Plc has announced its financial results for the fiscal year 23/24, showcasing significant gains across various financial metrics. The retail giant reported group sales of £61.477 billion, marking a 7.4% increase at actual rates compared to the previous…
Global Infrastructure Partners (GIP) has successfully closed its fundraising efforts for the GIP Australia Fund II (GIPA II), amassing A$4.0 billion in committed capital. This impressive figure sits at the zenith of their initial target range of A$3.0 to A$4.0…
Procurement Sciences AI (PSci.AI), a veteran-founded company specializing in generative AI tools for government contracting, announced a successful $10M Series A funding round today. The investment was spearheaded by Battery Ventures, with additional contributions from Tower Research Capital, K Street…
NUREMBERG, GERMANY: AMD (NASDAQ: AMD) announced the expansion of the AMD Versal adaptive system on chip (SoC) portfolio with the new Versal AI Edge Series Gen 2 and Versal Prime Series Gen 2 adaptive SoCs, which bring preprocessing, AI inference,…
Back-Track, a subsidiary of BUYBOX, LLC, has acquired Upstrem Holding Co., LLC, a leader in Return and Resell technology solutions. This acquisition merges Upstrem’s innovative technology with Back-Track’s operational prowess in recommerce, promising to deliver optimal recovery for eCommerce customer…
OXFORD, ENGLAND: Unipart, the supply chain solutions and performance improvement technologies partner, delivered a strong year of growth and expansion in 2023. Group turnover increased to £1,047.9m (2022: £917.3m), delivering underlying Group profit before interest and tax to £21.7m (2022:…
TORONTO: Royal Bank of Canada (TSX:RY) and (NYSE: RY) announced the appointment of Katherine Gibson as Interim Chief Financial Officer (CFO). She succeeds Nadine Ahn whose employment was terminated by RBC earlier today, effective immediately. RBC was recently made aware…
ATLANTA: White Cap, a prominent supplier of construction materials, has acquired Oklahoma-based Crimson Steel Supply, LLC, enhancing its rebar and structural steel offerings. Crimson Steel, known for its engineered steel products, joins White Cap’s brand portfolio, promising to leverage its…
Windtree Therapeutics, Inc. (NasdaqCM: WINT) has announced the acquisition of a novel oncology asset platform from Varian Biopharmaceuticals, Inc., including an atypical protein kinase C iota inhibitor (aPKCi), and the completion of a $1.5 million convertible note bridge financing. The…
DENVER:Home services giant Angi Inc. (NASDAQ: ANGI) announced today the promotion of Jeff Kip to the position of Chief Executive Officer. Jeff Kip, who has been with Angi and its parent company IAC in various executive roles, steps into the…
Stratasys Ltd. (NASDAQ: SSYS), a frontrunner in 3D printing and additive manufacturing solutions, has announced the elevation of Amir Kleiner to the role of Chief Operating Officer. Amir Kleiner, a seasoned member of the Stratasys family with 12 years of…