Celltrion founder Seo Jung-jin is divesting his shareholdings because of speculative short selling. Last Wednesday, Celltrion Inc has named JP Morgan as advisor to assist the firm remove its linkages from its founder, Seo Jung-jin.
Regions
Owners of Riddell Brand Selling Assets
Fenway Partners, the owners of the Riddell helmets brand and others, is now in the process of selling off its assets.
Verdesian Life Sciences Acquires Plant Syence
Verdesian Life Sciences acquires Plant Syence for an undisclosed amount. Verdesian Life Sciences, a subsidiary of Paine & Partners has announced the acquisition of all the assets of Plant Syence Ltd and its affiliates.
PLH Acquires Pipeworx with the Help of Energy Capital Partners
PLH acquires Pipeworx with the assistance of Energy Capital Partners. In a statement, PLH Group Inc disclosed that it acquired Pipeworx Ltd. with support from private equity firm Energy Capital Partners.
Instart Logic Raises Additional US$17M Funding
Instart Logic raises new funding for its expansion plans. In an announcement by Instart Logic, it was disclosed that the company was able to secure US$17 million financial infusion coming from its Series B fundraising round.
Latest News
Despite assurances by the Egyptian PM, there is still no approval as to the EFG-QInvest merger. The Middle East's largest investment bank, EFG-Hermes has been awaiting notice from Egypt's financial regulator for the approval of its merger with QInvest of Qatar.
Zeder Investments is purchasing Capespan Group shares from Total Produce. A private investor in agricultural companies has announced that it would be purchasing in Capespan Group Ltd, South Africa's biggest fruit export company.
Banco Itau is said to be relieving the duties of Marcelo Marangon and four others from executive positions in the bank.
The ISAM Fund SICAV-SIF was established by arc AM and RVC InfraFund for the purpose of investing in companies that have potential for international growth.
Meilleurtaux.com sale has been completed to Equistone Partners. BPCE announced today the completion of sale of its hundred percent shareholdings in Meilleurtaux.
Eli Lilly, in its bid to remain at the forefront of Alzheimer's diagnostics, purchases Siemen's imaging agents.
Liberty Global seeking to purchase Kabel Deutschland to prevent Vodafone's bid for the cable operator.
ASML Holdings introduces new CEO and unveils buyback plan for shares. The largest semiconductor equipment supplier in Europe, ASML Holding NV has appointed its finance director Peter Wennink to the position of Chief Executive Officer.
Molinare TV obtains investment funds from Saphir Capital Private Equity Fund. The renowned post production house based out of London, Molinare TV & Film Limited was able to secure financial investments from Saphir Capital Partners.
