Nassau Financial Group (“Nassau”), renowned for its fixed annuities and asset management services, and Golub Capital, a leader in direct lending and credit asset management, have announced a strategic partnership underscored by a significant $200 million equity investment. This non-voting common equity investment from Golub Capital marks a pivotal step in supporting Nassau’s ambitious growth […]
Walgreens Boots Alliance, Inc. (Nasdaq: WBA), a leading player in the global healthcare and retail pharmacy sector, announced the sale of approximately $400 million worth of shares in Cencora, Inc. (NYSE: COR). This transaction decreases Walgreens Boots Alliance’s ownership in Cencora from about 13% to 12%. Strategic Financial Management The proceeds from this significant financial […]
In a significant move within the technology and business process automation sectors, Wipro (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading technology services and consulting company, has partnered with Kognitos Inc., a pioneer in Generative AI (GenAI) Automation. This collaboration is aimed at deploying enterprise-ready GenAI-based Business Automation Solutions that promise to enhance productivity and […]
Bluerock, a prominent institutional alternative asset manager, has announced its entry into a definitive agreement for a strategic partnership and a minority interest investment in The Townsend Group. This investment is part of a larger acquisition initiative led by The Riverside Company, which is facilitating the purchase of Townsend from Aon. Townsend’s Global Reach and […]
In a landmark collaboration aimed at transforming the insurance landscape in India, ICICI Lombard, the country’s foremost private general insurance company, has joined hands with Policybazaar, India’s largest insurance marketplace. This strategic alliance is set to revolutionize the way insurance products are distributed, combining ICICI Lombard’s comprehensive range of insurance solutions with Policybazaar’s extensive customer […]
In a strategic move aimed at reinforcing its position in the real estate industry, Max Estates Limited has announced the induction of Mr. Anthony R. Malloy and Mr. Atul B Lall as Additional Directors (Non-Executive, Non-Independent) on its board, effective March 27, 2024. This pivotal decision highlights Max Estates’ commitment to driving growth and solidifying […]
In a landmark move aimed at propelling industrial decarbonization efforts forward, Aker Carbon Capture ASA (ACC) and SLB have officially announced their agreement to merge their carbon capture ventures. This strategic alliance is poised to significantly enhance the commercial deployment of carbon capture technologies on a global scale, signaling a major step towards achieving Net […]
In a significant turn of events, Maldives President Mohamed Muizzu has articulated a reconciliatory tone towards India, signaling a departure from his previously held anti-India stance. In a recent interview, the President emphasized that India remains the Maldives’ “closest ally,” a statement that underscores the complex dynamics of Maldives-India relations amidst the archipelago’s request for […]
In a landmark move that promises to redefine travel in India, EaseMyTrip.com, one of the country’s premier online travel technology platforms, has joined forces with Zoomcar, the NASDAQ-listed leader in the car-sharing marketplace. This strategic alliance aims to provide travelers with unparalleled convenience by integrating Zoomcar’s extensive fleet of self-drive cars into the EaseMyTrip platform, […]
Encavis AG, a leading German wind and solar park operator listed on the Prime Standard segment of the Frankfurt Stock Exchange under the symbol ECV and part of the MDAX index, has announced a significant partnership with Blitz 21-823 AG (soon to be Elbe BidCo AG, “BidCo”), a holding company influenced by investment funds and […]