Tag: ACQUISITION
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Oura Expands Metabolic Health Focus with $75 Million Dexcom Partnership
Oura Health has secured a $75 million Series D investment from Dexcom, enhancing its valuation to over $5 billion. The partnership aims to integrate data between Oura’s health app and Dexcom’s glucose monitoring platform, set to launch in 2025, empowering users with personalized insights into metabolic health. Oura reports significant user interest in dietary impacts…
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Seef Properties Partners with Majd Investment to Launch Mixed-Use Project in Dammam
Seef Properties and Majd Investment Company have formed a strategic alliance to develop a mixed-use project in Dammam, Saudi Arabia, valued at BD50 million. The development aims to blend residential, commercial, and entertainment spaces while adhering to high sustainability standards. This initiative marks Seef Properties’ first project in Saudi Arabia and reflects both companies’ commitment…
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Getinge Expands Commitment to India’s Healthcare Market
Swedish firm Getinge is targeting a market share increase in India’s healthcare sector, particularly in premium ventilators, with plans to grow from 30% to 45% over the next five years. With installations across 2,000 hospitals and a focus on introducing innovative products, Getinge aims to cater to hospitals of varying sizes while investing in life…
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Cedar-IBSi Capital to Invest in Fintech Startups for Industry Modernization
Cedar-IBSi Capital plans to invest in 10-15 fintech startups, particularly in the banking and insurance technology fields. The fund will allocate Rs 4-10 crore for this purpose, having already secured Rs 50-75 crore from its early-stage fund. The focus is on enhancing operational efficiency within financial institutions and supporting experienced entrepreneurs. Cedar-IBSi Capital announced its…
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Ownership Dynamics of OBIC Business Consultants Co., Ltd. (TSE:4733)
OBIC Business Consultants Co., Ltd. has 36% of shares held by public companies and 27% by insiders, signifying a balance of influence in management decisions. The top two shareholders possess 57%, while the institution’s presence indicates credibility. Insider ownership is significant, promoting aligned interests but potentially risking concentration of power. The general public holds 20%,…
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Seventeen Companies Commit to Expand Operations in Hong Kong’s Tech Sector
Seventeen companies, including sanctioned iFLYTEK, have signed agreements to establish or expand operations in Hong Kong as part of the government’s push to enhance the tech sector. This initiative aims to attract investment and create jobs in the city, with projections of HK$42 billion in investments and 17,000 new jobs. The efforts are part of…
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Terry Leahy Supports Selkirk Investment Company Targeting Subsidiary Acquisitions
Sir Terry Leahy endorses the newly established investment firm Selkirk, which is launching on London’s junior market with a goal of acquiring undervalued subsidiaries. The company aims to raise £7.5 million for this initiative, attracting other notable investors such as Ed Woodward and Oliver Hemsley. Leveraging the conglomerate discount, Selkirk is set to explore potential…
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Strong Investor Interest in British Smaller Companies VCT2 Fundraising Initiative
British Smaller Companies VCT and VCT2 have secured over £25 million in applications for their ongoing fundraising effort, which aims for up to £50 million in total for the 2024/25 tax year. Those investing early may receive bonus shares. Applications will conclude by March 28, 2025, or before if oversubscribed. British Smaller Companies VCT and…