Finance
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Melrose to sell Nortek Air management to Madison Industries for £2.62 billion
The British manufacturing company Melrose Industries to sell its Nortek Air Management business to Chicago-based Madison Industries for approximately £2.62…
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Pine Labs acquires Singaporean startup Fave for $45 million
The fintech solutions company Pine Labs acquires Singaporean startup Fave for $45 million as part of joint growth & expansion…
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Grab partners with Altimeter Growth Corp creating a value nearly $40 billion
The Singaporean multinational ride-hailing company and Southeast Asia’s leading superapp, Grab Holdings Inc. (“Grab”), has announced to go public with…
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BlackRock has raised $4.8 billion for Global Renewable Power Fund III
The American multinational investment management corporation, BlackRock has raised $4.8 billion for Global Renewable Power Fund III with commitments from…
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Saudi Aramco agrees to sell stake in pipelines for $12.4 billion
The Saudi Arabian public petroleum and natural gas company, Saudi Aramco has agreed to sell its minority stake of $12.4…
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ADFD invests $10 million MSME development project in Colombia
The Abu Dhabi Fund for Development ( ADFD ), will invest around $10 million (Dh37 million) from a $45 million…
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Norges bank makes its first investment in renewable energy
The worlds largest sovereign wealth fund, Norges Bank Investment Management, has agreed to make its first investment in renewable energy…
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Mexican pre-owned car start up KAVAK hits $4 billion valuation
The Mexican pre-owned car start up, KAVAK has reached a $4 billion valuation after raising $485 million in its new…
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Gulf Capital acquires two US health companies for $60 million
Abu Dhabi based asset management company, Gulf Capital has announced that it has acquired two of US health – tech…
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