Enterprise
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Mobvista secures US$100 million credit facility from Bank of China
Bank of China granted almost US$100 million credit facility to Mobvista, a global leading mobile marketing company, marking the largest credit facility in the industry of China.
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Wah Seong Corp acquires German pipeline coating firm mutares AG for US$20.6 million
Wah Seong Group has acquired a Germany-based pipe coating firm, mutares Holding-16 AG for US$20.6 million, to gain access to mutares’ pipe coating plant for the Nord Stream 2 project in the Baltic Sea.
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China Media Capital, SECA to invest tens of millions of Euros in FIA Formula E Championship
CMC Capital Partners announced on Tuesday that it has invested millions of euros into Formula E Holdings, the official promoter of the FIA Formula E Championship.
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Chinese consumer appliance maker Midea to buy Israeli motion control firm Servotronix for US$170 million
Chinese robotics and electronics giant – Midea has acquired the control of Petah Tikva-based automation solutions – Servotronix at a company value of US$170 million.
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Deutsche Wealth and Asset Management buys two logistics facilities from Propertylink for US$56 million
Deutsche Asset Management (Deutsche AM) has on Monday acquired two logistics facilities from PropertyLink which are located in Melbourn and Brisbane, in an off-market transaction on behalf of a German institutional client for US$56.07 million.