Allego Appoints Steven Salo as Chief Financial Officer
June 7, 20244 min
Seasoned financial executive to bring decades of experience in the industrial sectors to a leading provider of electric vehicle charging solutions
Bybit’s BTC Fund Pool Revolutionizes Wealth Management
June 6, 20243 min
Bybit, one of the world’s top three crypto exchanges by volume, is excited to announce the addition of Bitcoin (BTC) to its Wealth Management Fund Pool alongside USDT, becoming the first major crypto exchange to offer BTC wealth growth options to its users. 100 BTC Sold Out in 7 Hours A total of 100 BTC was allocated at the soft launch on June 3, which was sold out within 7 hours. This overwhelming response from users underscores the demand for innovative wealth management solutions...
Tether, the largest company in the digital asset industry, has announced a strategic investment of $18.75M in XREX Group, a fully regulated, blockchain-enabled financial institution. This collaboration aims to drive innovation in the digital asset industry, facilitate USDT-based cross-border payments in emerging markets, and innovate regulatory technology. With Tether’s funding, XREX will facilitate compliant, USDT-based cross-border B2B payments in emerging markets, revolutionizing financial transactions by offering businesses greater ease, efficiency, and potentially lower costs. Additionally, XREX will work with the Unitas...
The Brink’s Company announced its intent to offer $400 million aggregate principal amount of 5-year senior unsecured notes, subject to market and other conditions. The notes will be general unsecured obligations guaranteed by the Company’s existing and future U.S. subsidiaries that are guarantors under the Company’s credit facility. The Company expects to use the net proceeds from the offering of the notes and cash on hand to redeem or repurchase the $400 million aggregate principal...
INVL Partner Real Estate Fund I Raises $3M More
June 4, 20244 min
The INVL Partner Global Real Estate Fund I launched in January this year by INVL Asset Management, the leading Baltic alternative asset manager, raised an additional USD 3.075 million. This time investments in the open-ended fund for informed investors were made by a total of 13 investors. The INVL Asset Management fund invests in real estate funds in the US and Western Europe managed by Brookfield Asset Management, one of the world’s largest real estate...
Investing can be daunting, especially with the myriad of choices and the ever-changing market dynamics. But what if you had an intelligent advisor that consistently picked the right investments for you? Meet InvestGPT, your unique AI-driven investment advisor designed specifically for Canadian users. With a proven track record of high returns and spot-on recommendations, InvestGPT simplifies the investment process, ensuring you can grow your wealth with ease. Unleash the Power of AI for Consistent High Returns Reliable and...
Colliers expands engineering capabilities into Canada
Phoenix Tower International (“PTI”), a leading global wireless communications infrastructure provider, announced the conversion of €1.2 billion credit facilities into a Sustainability-Linked Loan (“SLL”). The facilities will support PTI’s future growth in providing critical and energy conscious tower infrastructure to new and existing markets around the world. ING acted as joint mandated lead arranger, bookrunner and sole sustainability coordinator for this deal. The SLL was structured in alignment with the Sustainability-Linked Loan Principles as governed...
Qingdao, A Venture Capital City Is Rising Up
May 29, 20245 min
The city rises, and capital moves towards "new"!
CGI announced that it intends to enter into a private agreement with CDPQ for the purchase for cancellation of 2,887,878 of its Class A subordinate voting shares (“Class A Shares”) held by CDPQ for a price of $138.51 per Class A Share, which represents a discount to the closing price on May 27, 2024 of the Class A Shares on the Toronto Stock Exchange (“TSX”). The transaction will be made in connection with the periodic portfolio rebalancing of...