KKR and Rakuten Complete Seiyu Share Purchase from Walmart

Shareholders Officially Confirm Mr. Tsuneo Okubo as Seiyu CEO TOKYO & BENTONVILLE, Ark.–(BUSINESS WIRE)–KKR, Rakuten, Inc., (“Rakuten”) and Walmart Inc. (“Walmart”) today announced that KKR and Rakuten subsidiary, Rakuten DX Solution, have completed their previously announced share purchases in Seiyu GK (“Seiyu” or the “Company”) from Walmart. With the completion of the transactions, KKR owns …

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Effissimo Releases Presentation Explaining Proposal to Appoint Independent Investigators at Toshiba

Shareholder participation at Toshiba’s 2020 AGM declined by more than 3 percentage points, strengthening media claims that there was pressure on shareholders. Nearly 1,000—but possibly more than 1,600—additionally reported ballots are STILL unaudited or uncounted. Toshiba’s vote tabulator insists that Japan Post took four days to deliver ballots, which is refuted by Japan Post. SINGAPORE–(BUSINESS …

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Aegon closes the sale of Stonebridge

THE HAGUE, Netherlands–(BUSINESS WIRE)–Aegon announced today that it has successfully completed the divestment of Stonebridge, a UK-based provider of accident insurance products to Global Premium Holdings group, part of Embignell group. As announced on October 9, 2020, the divestment will further simplify Aegon’s business profile. This is in line with Aegon’s strategy to actively manage …

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Juniper Research: Insurtech Platform Premiums to Exceed $556 Billion Globally in 2025, as AI Drives Market Transformation

Insurtech to Represent 8% of Global Insurance Premiums by 2025 BASINGSTOKE, England–(BUSINESS WIRE)–#insurance–A new study by Juniper Research has found the total value of premiums generated by insurtech platforms – platforms with technology supporting insurance at the heart of their design – will exceed $556 billion in 2025, from $250 billion in 2020; growing by …

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ST Engineering Geo-Insights Partners with BlackSky to Offer Expanded Satellite Imaging and Analytics Insights Portfolio for Customers in Southeast Asia

SINGAPORE & HERNDON, Va.–(BUSINESS WIRE)–ST Engineering’s earth observation and geospatial analysis business, ST Engineering Geo-Insights (“Geo-Insights”), today announced that it has partnered with BlackSky, a leading provider of real-time geospatial intelligence and global monitoring services, to provide its customers in Southeast Asia an expanded satellite imaging and insights portfolio that now includes BlackSky products and …

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FD7 Ventures Launches $250M USD Micro-Fund in India to Invest in Projects Building on Cardano and Polkadot Ecosystems

BANGALORE, India–(BUSINESS WIRE)–FD7 Ventures today announced the opening of their Bangalore office. The new location is home to an FD7 micro-fund targeting $250 million USD that will focus on investments in teams building out projects that further the Polkadot (DOT) and Cardano (ADA) ecosystems. The move is part of FD7’s strategic road map to build …

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Mitsubishi Electric Makes Dedicated Factory for Industrial Mechatronics

Enhancing competitiveness in the Industrial Mechatronic Systems business TOKYO–(BUSINESS WIRE)–Mitsubishi Electric Corporation (TOKYO:6503) announced today it will establish the Industrial Mechatronics Systems Works as of April 1, 2021 within the premises of the company’s Nagoya Works in Nagoya, Japan. The functions which currently lay under Nagoya Works for development and manufacturing of computerized numerical controllers …

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Logitech Increases Fiscal Year 2021 Outlook, Raises Long-Term Financial Model

Strong Secular Growth Trends Expected to Continue LAUSANNE, Switzerland & NEWARK, Calif.–(BUSINESS WIRE)–In advance of a meeting to be held with financial analysts and investors, Logitech International (SIX:LOGN) (Nasdaq:LOGI) today: Raised its Fiscal Year 2021 annual outlook to approximately 63 percent sales growth in constant currency, and approximately $1.1 billion in non-GAAP operating income. The …

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Datto Selects NEXTGEN Asia as First Distributor in Southeast Asia

Partnership focuses on building cyber resilience for SMEs through Managed Service Provider expertise and Datto Disaster Recovery as a Service (DRaaS) SINGAPORE–(BUSINESS WIRE)–Datto Holding Corp. (“Datto”) (NYSE:MSP), the leading global provider of cloud-based software and technology solutions purpose-built for delivery by managed service providers (MSPs), today announced a distribution agreement with NEXTGEN Asia, to help …

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Sangfor Technologies Announces the Winners of 2020 Global Partner Awards

HONG KONG–(BUSINESS WIRE)–#cloudcomputing—Sangfor Technologies is a leading Cyber Security, Cloud Computing and Network Optimization vendor, boasting 6,000+ employees across the globe in this rapidly changing digital world. Sangfor is proud to announce the winners of their 2020 Global Partner Awards, a yearly event honouring the achievements of Sangfor’s most excellent partners from across the globe! …

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WestJet, CUPE Reach Tentative Agreement

If ratified, agreement will cover over 3,100 cabin crew CALGARY, Alberta–(BUSINESS WIRE)–CUPE and WestJet have reached a tentative first collective agreement for mainline cabin crew. CUPE Local 4070 represents over 3,100 cabin crew members at the airline. CUPE has represented cabin crew at WestJet since July 2018. The parties have been engaged in collective bargaining …

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VeriSilicon High-Performance and High-Quality AI Video Processor Powers Leading Datacenters

Hantro Video technology has been selected by 12 of the top 20 cloud platform solution providers and selected by 3 of the top 5 internet providers SHANGHAI–(BUSINESS WIRE)–#AI–VeriSilicon (688521.SH) announces the next generation of video processing: The combination of its newly improved VC9000 video codec and its VIP9400 artificial intelligence (AI) and neural network processing …

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Liberty Latin America Reports Fiscal 2020 Results

Continued sequential quarterly financial improvement Strong RGU additions driven by C&W and Puerto Rico Integration of AT&T’s Puerto Rico and USVI operations progressing well Delivered robust cash flow from operations and Adjusted FCF in 2020 DENVER, Colorado–(BUSINESS WIRE)–Liberty Latin America Ltd. (“Liberty Latin America” or “LLA”) (NASDAQ: LILA and LILAK, OTC Link: LILAB) today announced …

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TEST EW 2021 FEB 27 TEST

Test Lorem ipsum SAN FRANCISCO–(BUSINESS WIRE)–$tsst #test0227–Elit nulla dictum volutpat phasellus facilisi quam luctus sem montes aptent iaculis auctor ac, placerat purus litora commodo molestie posuere phasellus. Hendrerit eleifend. Purus neque pharetra. Iaculis lacus pede mollis natoque. Rutrum penatibus risus, fermentum malesuada tempus consectetuer magnis placerat libero dictumst nascetur augue ullamcorper dis. Risus amet porttitor …

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Executive Network Partnering Corporation Files Preliminary Proxy for Special Meetings to Consider Stock Split

BOSTON–(BUSINESS WIRE)–Executive Network Partnering Corporation (the “Company” or “ENPC”) (NYSE: ENPC, ENPC.U, and ENPC WS) today filed a preliminary proxy statement on Schedule 14A (the preliminary proxy statement) with the U.S. Securities and Exchange Commission (SEC) to hold special meetings of stockholders and warrant holders to authorize a potential stock split (2.5 shares for every …

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LightJump Acquisition Corporation Announces the Separate Trading of its Class A Common Stocks and Warrants Commencing on March 2, 2021

NEW YORK–(BUSINESS WIRE)–LightJump Acquisition Corp. (NASDAQ: LJAQU) (“the company”) today announced that the holders of the Company’s units may elect to separately trade the Class A common stock and warrants underlying such units commencing on March 2, 2021. Those units not separated will continue to trade on the NASDAQ exchange under the symbol “LJAQU” and …

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KBRA Assigns Preliminary Ratings to Pagaya AI Debt Selection Trust 2021-1

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of notes issued by Pagaya AI Debt Selection Trust 2021-1 (“PAID 2021-1”), a consumer loan ABS transaction. This transaction is the second publicly rated securitization for Pagaya Investments US LLC (“Pagaya”). Pagaya is a 100% owned subsidiary of Pagaya Technologies Ltd., which …

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Berry Global Group, Inc. Announces Pricing of Private Placement Notes Offering

EVANSVILLE, Ind.–(BUSINESS WIRE)–Berry Global Group, Inc. (NYSE: BERY) (“Berry”) announced today the pricing of the private placement launched February 26, 2021, by its wholly owned subsidiary, Berry Global, Inc. (the “Issuer”). The Issuer will issue $775,000,000 of first priority senior secured notes due 2026 (the “New Notes”). The New Notes will be an additional issuance …

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CI Global Asset Management Announces Plan to Merge CI Galaxy Bitcoin Fund into CI Galaxy Bitcoin ETF

The proposed merger will deliver lower fees, better market pricing mechanics and greater convenience for unitholders of the closed-end fund TORONTO–(BUSINESS WIRE)–CI Global Asset Management (“CI GAM”) today announced proposed changes to CI Galaxy Bitcoin Fund (TSX: BTCG), a closed-end investment fund. As previously announced, CI GAM has filed and obtained a receipt for a …

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