CRI completes USD 30Mln financing round with new investors
Carbon Recycling International (CRI) announced the closing of a 30-million-dollar equity investment round that was announced at the company’s annual general meeting last year. Equinor Ventures is leading a group of new investors joining CRI’s shareholder group. Along with Equinor Ventures Gildi, Sjóvá and Lífeyrissjóður Vestmannaeyja have also participated in the investment round. Equinor Ventures is Equinor’s corporate […]
Nelson Connects names Jeff Phelps as new CEO
California-based employment services firm Nelson Connects announces the appointment of Jeff Phelps as Chief Executive Officer. A staffing industry veteran and longtime business adviser to the Nelson Family of Companies, Phelps assumed his new position on July 1, 2023. Known for an unwavering dedication to service excellence, Phelps has held multiple C-level and executive leadership roles with an […]
Mastercard Foundation seeks legal order to deliver on its philanthropic mission
The Mastercard Foundation, in consultation with Mastercard Incorporated (NYSE: MA), recently filed an application with the Ontario Public Guardian and Trustee for a court order to modify its Deed of Gift. Once the order is granted, the changes are expected to deliver greater flexibility in the Foundation’s long-term investment and operational strategy to support its […]
Uzum and Click collaborate to create a robust digital ecosystem in Uzbekistan
Uzum, one of the largest ecosystems of digital services in Uzbekistan, and Click, a leading payments company, announced yesterday that they have reached an agreement on a future merger. Upon completion of the transaction, which is now expected to close, Click’s shareholders will receive a minority stake in parent company Uzum and will be represented on […]
Lazard announces two leadership appointments
Lazard Ltd recently announced that Peter R. Orszag, currently CEO of Financial Advisory at Lazard, has been unanimously elected by its Board to serve as CEO of Lazard and as a Board Director. Kenneth M. Jacobs, Chairman and CEO of Lazard, will serve as Executive Chairman of the Board and will continue to advise clients […]
Josephine Moran to succeed Kathy Underwood as the CEO of Ledyard Bank
Kathy Underwood, CEO of Ledyard Financial Group and Ledyard National Bank, announced at the Company’s Annual Meeting of Shareholders on May 18th that she will be retiring on July 3, 2023. Josephine Moran, President of Ledyard, assumed the role of President & Chief Executive Officer effective May 18, 2023. Ms. Underwood will continue to serve on […]
VinFast partners with Black Spade Acquisition Co to go public
VinFast Auto Pte. Ltd. (“VinFast” or “the Company”), and Black Spade Acquisition Co (“Black Spade”) announced recently that they have entered into a business combination agreement. After the transaction, VinFast will have an equity value of over US$23 billion and be listed in the U.S. The business combination values VinFast at an enterprise value of […]
UBS to strengthen its position by acquiring Credit Suisse
UBS plans to acquire Credit Suisse. The combination is expected to create a business with more than USD 5 trillion in total invested assets and sustainable value opportunities. It will further strengthen UBS’s position as one of the leading Swiss-based global wealth manager with more than USD 3.4 trillion in invested assets on a combined […]
Republic Bank announces complete acquisition of CBank and its subsidiary
Republic Bancorp, Inc., the parent company of Republic Bank & Trust Company, is pleased to announce the Bank has completed its previously announced merger with CBank and CBank’s wholly owned subsidiary, Commercial Industrial Finance, Inc., for approximately $51 million in cash. “We are excited about our further expansion into the Cincinnati area and the long-term […]
Jerry Albright appointed by SWK Holdings to Board of Directors
SWK Holdings Corporation, a life science focused specialty finance company catering to small- and mid-sized commercial-stage companies, yesterday announced that Jerry Albright has been named to the Company’s Board of Directors and will replace Wendy DiCicco, who chose not to seek re-election to the Board because of external professional commitments. The transition will be effective March 15, 2023, with Mr. […]
