Incheon Port Authority Offers $6M in Loans to Shipping Companies to Offset Rising Freight and Fuel Costs
The Incheon Port Authority announced a new financing program providing approximately $6 million in low‑interest loans to shipping companies and freight forwarders affected by high bunker fuel costs. The program, called the Shared Growth Mutual Fund, works with Hana Bank, Suhyup Bank and Industrial Bank of Korea to offer loans at an average interest rate of 1.52%.
Allied Critical Metals Secures $40M Strategic Investment for Portugal Tungsten Project
Allied Critical Metals Inc. announced a $40 million strategic investment comprising a $25 million private placement of common shares and a $15 million project financing from an existing strategic investor, along with an off-take agreement for 50% of the tungsten...
EIV Capital Raises $1.1B for New Oil and Gas Funds
Houston-based private equity firm EIV Capital completed a $1.1 billion capital raise to launch two new oil and gas investment funds, EIV Capital Fund V LP and EIV Resources II LP. The funds will focus on energy infrastructure and acquiring non‑operating...
Somnigroup International to Acquire Leggett & Platt for $2.5B
Somnigroup International announced an all‑stock acquisition of its long‑time supplier Leggett & Platt for about $2.5 billion. The boards of both companies have approved the deal, which is expected to close by year‑end, creating a combined entity with $11.2 billion in net sales...
Lincoln International Files for U.S. IPO
Chicago‑based Lincoln International Inc., a mid‑market investment bank, filed for a U.S. initial public offering, reporting net income of $214.1 million on revenue of $783.8 million in 2025. The filing marks the company's move to go public, though the valuation and amount...
Hornbeck Offshore Services to Acquire Helix Energy Solutions in All-Stock Merger
Hornbeck Offshore Services Inc and Helix Energy Solutions Group Inc have signed an agreement to combine in an all‑stock transaction, with Hornbeck shareholders receiving 55% of the new company and Helix shareholders 45%. The combined entity will trade on the...
Apollo Invests $1.25B in McKesson's Surgical Product Business
Apollo has completed a $1.25 billion minority investment in the surgical product business of McKesson Corporation, marking a significant private‑equity move into orthopedics and medical devices. The deal reflects growing interest in the sector driven by value‑based care trends and lower...
Foamlab Raises $3.3M Growth Capital to Scale Bacterial Cellulose Foams
Foamlab, a Delft‑based startup developing bacterial cellulose foams as sustainable alternatives to fossil‑based plastics, announced a €3 million ($3.3 million) growth‑capital round. The round was led by ICOS Capital with participation from Value Factory Ventures, DOEN Ventures, Capricorn Industrial Biotech Fund and...
Dolfin and Wallonie Entreprendre Acquire Belgian Chocolatier Galler
Belgian chocolate maker Dolfin, backed by Walloon government investor Wallonie Entreprendre and a group of private investors, announced the acquisition of fellow chocolatier Galler. The deal rescues Galler from bankruptcy, but will involve a restructuring that cuts 70 of its...
Uber Invests in HysetCo via Convertible Loan to Expand Hydrogen Taxis in Paris
Uber announced a convertible loan investment in HysetCo, a French hydrogen-mobility joint venture, to support the integration of up to 2,000 hydrogen taxis into its Paris business-taxi platform over the next five years. The amount of the loan was not...
Vardhman Textiles Acquires 31.2% Stake in Renew Green for $2.9M
Vardhman Textiles Limited approved the acquisition of a 31.2% stake in Renew Green (MPR Four) Private Limited, investing Rs 24.29 crore ($2.9 million) to develop a 19 MW wind‑solar hybrid power plant in Ratlam, Madhya Pradesh. The investment will be deployed in three phases and aims...
PlaySimple Files DRHP for ₹3,150 Cr ($384M) OFS-Only IPO
Swedish gaming firm MTG-owned PlaySimple Games has filed a draft red herring prospectus with SEBI for an OFS-only IPO targeting ₹3,150 crore (approximately $384 million). MTGx Gaming Holding AB will be the sole seller, and the company operates a portfolio of...
Hulu Acquires New Romantic Thriller Series “Close Protection” From Universal Television
Hulu announced the acquisition of the romantic‑thriller series “Close Protection” from Universal Television, adding it to its original drama slate. The series, co‑created by Dean Georgaris and John Fox, will be executive‑produced by John Davis of Davis Entertainment. The deal...
Marvell Acquires Polariton Technologies
Marvell announced the acquisition of Polariton Technologies, a Swiss developer of plasmonics‑based silicon photonics devices. The deal expands Marvell's portfolio in optical connectivity and data‑center solutions. Financial terms were not disclosed.
Inszone Insurance Services Acquires James R. Vozar Insurance Agency
Inszone Insurance Services announced the acquisition of James R. Vozar Insurance Agency, a Michigan-based independent insurer with offices in Athens, Quincy, and Union City. The deal expands Inszone’s Midwest footprint and adds agricultural insurance expertise to its portfolio. The acquisition...