PAG to acquire Australian Venue Co from KKR

PAG to acquire Australian Venue Co from KKR

Global investment firm KKR and PAG, a leading alternative investment firm focused on Asia Pacific, recently announced the signing of definitive agreements under which PAG will acquire KKR’s controlling interest in Australian Venue Co (“AVC”). Financial terms of the transaction were not disclosed. AVC is an established food and beverage hospitality business that owns and […]

Jeffrey Davis Joins Eastdil Secured as Managing Director

Jeffrey Davis, Managing Director, Eastdil Secured

Eastdil Secured, L.L.C., the global real estate investment bank, yesterday announced that Jeffrey Davis will be joining Eastdil Secured as Managing Director. In this role, Mr. Davis will be part of the leadership of the firm’s global hospitality group, where he will be responsible for supporting clients and growing the firm’s hospitality business with a […]

Biocytogen Pharmaceuticals signs a License Agreement With Pheon Therapeutics

Exclusive License Agreement for an Oncological Target Antibody to Develop Best-In-Class ADC

Biocytogen Pharmaceuticals (Beijing) Co., Ltd., a global biotech company focusing on the discovery of novel antibody therapeutics, yesterday announced an antibody license agreement with Pheon Therapeutics (Pheon), a leading Antibody-Drug Conjugate (ADC) specialist developing next-generation ADCs for a wide range of hard-to-treat cancers. Under the terms of the agreement, Pheon will develop and commercialize an […]

KaarTech secures USD 30Mln investment from A91 Partners

L-R - Ratnakumar N, Director - Head of Products, Selvakumaran M, Co-founder & Director, Maran Nagarajan, Founder & Chief Executive Officer, George Gaurdian Strategic Business Unit He

KaarTech, a Global Digital Transformation Consulting company specialising in SAP and S/4 HANA implementation, has raised $30M from A91 Partners, a leading investment firm headquartered in Mumbai. Gautam Mago and Kaushik Anand from A91 Partners will join the Board of KaarTech. This partnership aims to fuel KaarTech’s organic and inorganic growth across existing markets in the Middle East, the European Union and North America. […]

ECI Appoints Jeff Schmidt as Chief Operating Officer

ECI, a leader in managed services and cybersecurity for the global financial services industry

ECI, one of the leaders in managed services and cybersecurity for the global financial services industry, yesterday announced the appointment of Jeff Schmidt as president and CEO. Mr. Schmidt is a leader in managed services, technology, and cybersecurity with a long track record of growing sales, increasing profits, managing complex acquisitions and integrations, building teams, […]

LTIMindtree partners with Currys for digital transformation

Arron D'Aubney, Chief Technology Officer, Currys and Srinivas Rao, EVP & Chief Business Officer, LTIMindtree at the signing ceremony.

LTIMindtree, a global technology consulting and digital solutions company, has announced that it has acquired Currys, UK’s one of the leading retailer of technology products and services, as a key partner for the digital transformation. During this five-year engagement, Currys will leverage LTIMindtree’s extensive retail business consulting and technology resources to deliver the next phase of omnichannel […]

Valvoline announces completion of the sales of global products business

Valvoline Inc., a trusted leader in preventive automotive maintenance delivering quick and convenient service, recently announced that it has completed the previously announced sale of its Global Products business to Aramco. The purchase price is  USD 2.65 billion in cash, subject to certain customary adjustments. “It is a historic day for our 157-year-old brand. With the sale […]

SHUAA ICC funds surpass industry standards in 2022

SHUAA Capital psc, the leading asset management and investment banking platform in the region, has affirmed its position as one of the leading regional asset managers, outperforming global industry benchmarks and strong growth in Assets Under Management across its Incorporated Cell Company (ICC) fund range, domiciled in Abu Dhabi Global Market (ADGM) and managed by […]

Global Financial Technology LLC hosts a workshop for Omantel employees

Global Financial Technology LLC organized an in-house workshop for employees of Omantel about their key product – OM Pay/Lamma. Global Financial Technology LLC is a subsidiary of Omantel and is one of the leading FinTech companies driving local innovations in the country. Lamma app was authorized by the Telecom Regulation Authority (TRA) in May 2020; […]