Latest News for: Acquisitions fund

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EDGE Group Continues Stellar International Growth, Consolidating its Position as an Industry Leader

Eye Of Riyadh 01 Dec 2023
To strengthen its international acquisition strategy, EDGE has fully acquired the Strategic Development Fund (SDF), which will manage the group’s global portfolio through direct venture partnerships and venture capital investments.
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Tongaat to remain listed after debt-to-equity offer from Mozambican buyer

Independent online (SA) 01 Dec 2023
The BRPs said the Vision Consortium had not provided acquisition funds by the time the BRPs were required by the lender group to provide a business plan that could be voted upon by the lenders on December 8 ... RGS Bidco intended to convert 100% of those funds into equity in THL.
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Laminar, Inc. Acquired by Johnson & Johnson Medtech for $400 Million Upfront with Additional Clinical ...

Longview News-Journal 01 Dec 2023
30, 2023 /PRNewswire/ -- Santé Ventures (Santé), an early-stage healthcare and life sciences investment firm, has announced the acquisition of its Fund III portfolio company, Laminar, Inc., by Johnson & Johnson Medtech ... time of its acquisition by Johnson & Johnson MedTech.
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Sports Complex Task Force Meeting Set

The Ocean City Dispatch 30 Nov 2023
City Manager Terry McGean said discussion topics will include funding and legislative options, as well as property acquisition. “It will be open to the public for the first two items, funding/financing options and legislation options, then it will move to closed session to discuss property acquisition,” he said.
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KCC faces deteriorating finances as US unit Momentive struggles

Korea Times 30 Nov 2023
is facing financial difficulties following the acquisition of the U.S.-based silicone company Momentive Performance Materials, with deteriorating performance of the subsidy amid increased debt from the merger and acquisition, potentially leading to severe capital pressure next year, according to industry officials, Thursday.
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Maryland purchases nearly 20 acres of Wicomico County forested land to preserve habitats

Delmarva Now 30 Nov 2023
With its approval of the Department of Natural Resources’ acquisition of nearly 20 acres of forested land in Wicomico County on Wednesday, the Board of Public Works supported preserving the Nanticoke River watershed and the many animals and birds that live in the forested area around it.
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Tanger Acquires Alabama Shopping Center for $193.5M

Market Watch 30 Nov 2023
The open-air outlet center operator said it funded the acquisition with cash on hand and available liquidity ... Chief Executive Stephen Yalof said the acquisition ...
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Expansion beckons for Total Processing after its acquisition by Irish suitor

The Business Desk 30 Nov 2023
The acquisition, which comes just months after NomuPay’s Series A funding announcement, will enable the company to accelerate its business expansion efforts throughout South East Asia, Europe, Turkey as well as enter the Middle East ... Since announcing its funding round earlier this year, NomuPay has continued to grow and expand its product offering.
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Ariel Alternatives and My Code Announce Strategic Transaction

Enid News & Eagle 30 Nov 2023
This acquisition enables My Code to pursue future expansion through alignment with an investor that shares its mission ... This transaction is the third of Ariel Alternatives’ inaugural $1.45 billion fund, Project Black, which closed in February 2023 ... “Today marks our Fund’s first acquisition in the marketing and advertising sector.
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Edge as industry leader maintains stellar international growth

GDN Online 30 Nov 2023
To strengthen its international acquisition strategy, Edge has fully acquired the Strategic Development Fund (SDF), which will manage the group’s global portfolio through direct venture partnerships and venture capital investments.
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Exxaro widens critical metals search to greenfield assets

Independent online (SA) 30 Nov 2023
Exxaro's chief growth officer Richard Lilleike, who is leading the miner's mergers and acquisitions drive, told analysts that while the company was ... Exxaro said it had a net cash balance of R13.5bn at the end of October, as it builds a war chest of up to R15bn to fund acquisitions.
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Carrier Global Corporation Announces Closing of €2.35 Billion and $3.0 Billion Notes Offerings

Longview News-Journal 30 Nov 2023
... with cash on hand and borrowings under the Company's existing term loan credit facilities and bridge facility to fund the cash portion of the consideration for the Company's previously announced acquisition of the climate solutions business of Viessmann Group GmbH & Co.
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Ground broken on 45,000 sq ft commercial estate

The Business Desk 30 Nov 2023
Rob Cosslett, fund manager at Schroders Capital, said. “Since its acquisition by the Fund in 2013, Hartlebury Trading Estate has become Worcestershire’s premier trading destination – with industrial tenants recognising the site’s best-in-class facilities, and its strong transport connectivity.
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Tanger Acquires Open-Air Lifestyle Center in Growth Market of Huntsville, Alabama

Longview News-Journal 30 Nov 2023
Continues to execute external growth strategy with acquisition of Bridge Street Town Centre, a market-dominant open-air center ... The company funded the recent Huntsville and Asheville acquisitions totaling $263.5 million through cash on hand and draws on the company's credit facility.
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Asian hedge funds find it harder to make money in Japan as they pivot from China

Reuters 30 Nov 2023
Fund managers reduced exposure to China and swerved to Japan as the Tokyo stock market (.N225) surprised with a 28% rally this year ... In comparison, Japan-focused event-driven hedge funds - taking in special situations like mergers and acquisitions and activist investor campaigns - jumped 10% in the first 10 months.
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