Monument Re wraps up acquisition of Bermuda-based GreyCastle
(adsbygoogle = window.adsbygoogle || []).push({}); Monument Re, a Bermuda-based life reinsurance and insurance holding company, has wrapped up its previously announced acquisition of GreyCastle and More...
COVID-19 forces Texas Capital, Independent Bank to call off $5.5bn merger
The prevailing coronavirus pandemic has forced US bank holding companies Texas Capital Bancshares and Independent Bank Group to terminate their previously announced all-stock merger of equals worth $5.5 billion. Both More...
Genstar wraps up sale of Innovative Aftermarket Systems to iA Financial
Genstar Capital said that it has wrapped up its $720 million sale of Innovative Aftermarket Systems (IAS), a marketer, administrator, and underwriter of vehicle protection products, to iA Financial Group. Based More...
Cleareye.ai acquires Indian artificial intelligence company AIWare.ai
US fintech company Cleareye.ai has acquired Indian artificial intelligence company AIWare.ai for an undisclosed price. Based in Kerala, AIWare.ai is a technology start-up that has been engaged in transforming large More...
Fresh Del Monte Produce begins operations at fresh cut plant in Yokohama
Fresh Del Monte Produce said that its subsidiary Fresh Del Monte Japan began operations at its newly completed $19 million fresh cut plant in Yokohama, Japan. The new fresh cut plant in Yokohama is said to have More...
Carlsberg, Marston’s to create Carlsberg Marston’s Brewing Company in UK
Danish brewing company Carlsberg Group said that its UK subsidiary has agreed to form a joint venture beer company in the UK with British brewing and pub retailing business Marston’s. The joint venture, which More...
FRP wraps up Carluccio’s sale to Boparan Restaurant Group
FRP Advisory Group said that it has wrapped up the sale of UK-based Italian restaurant chain Carluccio’s to Boparan Restaurant Group (BRG) in a deal that will transfer 800 plus jobs. Phil Reynolds and Geoff Rowley More...
GE to provide turbines for POWERICA’s Rajkot and Khambaliya wind farms
GE Renewable Energy has bagged a contract from POWERICA to provide 38 of its 2.7-132 onshore wind turbines for the Rajkot wind farm and the Khambaliya wind farm to be built in the western Indian state of Gujarat. The More...
KKR to invest $150m in Reliance’s digital services business Jio Platforms
Indian conglomerate Reliance Industries has bagged further investment for its digital services platform Jio Platforms, this time from global investment firm KKR, which is chipping in with INR 11.36 billion ($150 More...
CLARA analytics raises $25m to transform commercial insurance with AI
CLARA analytics, an artificial intelligence technology provider in the commercial insurance industry, has raised $25 million in a Series B funding round, thereby taking its total funding to $36.5 million. The Series More...