(IN BRIEF) Allianz Global Investors has agreed to acquire UOB Asset Management, the asset management arm of Singapore-based UOB Group, in a transaction aimed at accelerating AllianzGI’s growth across Asia Pacific. The deal includes a long-term strategic distribution agreement with … Read the full press release
Posted in Banks, Business, Financial, Germany, Investment, Management
Tagged 2027 completion, 400 regional branches, 8 million clients, active asset management, Allianz Global Investors, Allianz Global Investors and UOB Group Agree Strategic Asset Management Partnership, Allianz Global Investors Deepens Regional Investment Capabilities With UOBAM Agreement, AllianzGI, AllianzGI Singapore, AllianzGI to Expand Singapore and South-East Asia Presence Through UOBAM Deal, ASEAN, Asia Pacific, asset management, assets under management, Brunei, capital markets, client experience, distribution partnership, equity strategies, EUR 170 billion Asia Pacific client assets, EUR 28 billion UOBAM assets under management, EUR 376 million purchase price, global investment products, high-growth markets, Indonesia, investment management, investment platform, Investment Products, Japan, licensed presence, Malaysia, Munich, regional equity strategies, regulatory approvals, retail client network, retirement solutions, SGD 555 million purchase price, Shareholder Value, Sharia-compliant offerings, Singapore, Singapore asset management market, single-country equity strategies, South-East Asia, South-East Asian investment expertise, strategic distribution agreement, Taiwan, THAILAND, Tobias Pross, UOB, UOB Asset Management, UOB customers, UOB Group, UOBAM, Vietnam, wealth advisory, wealth solutions, Wee Ee Cheong
(IN BRIEF) Metso has expanded its partnership with Nors in Western Canada, extending the distributor’s exclusive territory to include Alberta, Saskatchewan, and the Northwest Territories in addition to British Columbia and Yukon. The move improves customer access to equipment, parts, … Read the full press release
Posted in Business, Finland, Industrial, Infrastructure & Utilities, Investment, Management, Metals and Minerals, Technology
Tagged Aftermarket services, aggregates industry, Alberta, British Columbia, crushing equipment, Customer support, distribution partnership, heavy equipment, Metso, Metso and Nors Extend Exclusive Distribution Agreement to Enhance Customer Support Across Western Canada, Metso Expands Distribution Network in Western Canada Through Strengthened Partnership with Nors, Nors, Northwest Territories, Saskatchewan, screening equipment, Spare parts, Steve Cianci, Sudhanshu Singh, wear parts, Western Canada, Yukon
(IN BRIEF) Volvo Group, Renault Group, and CMA CGM have agreed to restructure Flexis S.A.S., with Renault acquiring the combined 55 percent stakes held by Volvo and CMA CGM to become sole owner. Volvo Group will continue its involvement through … Read the full press release
Posted in Automotive, Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Sweden, Technology, Transportation & Logistics
Tagged automotive collaboration, CMA CGM, distribution partnership, electric commercial vehicles, electric vans, Flexis S.A.S., future mobility, industrial cooperation, light commercial vehicles, logistics innovation, Mobility Solutions, ownership restructuring, regulatory approval, Renault Consolidates Flexis Ownership as Volvo Group Remains Industrial Partner and Future Distributor From 2027, Renault Group, Renault Trucks, Software Defined Vehicle platform, strategic partnership, Strategic Realignment of Flexis Strengthens Long-Term Collaboration Between Renault and Volvo in Next Generation Electric Mobility, vehicle software ecosystem, Volvo Group, Zero-Emission Transport
(IN BRIEF) Barco has appointed Martin Professional Middle East (MPME) as its distributor for mid-range projection solutions, strengthening its presence in the Middle East. The partnership builds upon a long-standing relationship between the two companies, combining Barco’s advanced projection technologies, … Read the full press release
Posted in Belgium, Business, Electronics & Machinery, Entertainment, Industrial, Marketing, Media, News, Retail, Technology
Tagged AV solutions, Barco, Barco Expands Middle East Reach with Martin Professional ME as New Distribution Partner, Barco Partners with MPME to Deliver Next-Generation Projection Experiences Across the Middle East, Barco partnership, Bilal Assidi, corporate events, customer experience, distribution partnership, Domien De Witte, entertainment technology, G-series, I600, INNOVATION, Live Events, Martin Professional Middle East, Middle East market, MPME, professional projection systems, professional visualization, projection technology, visual excellence
(IN BRIEF) Telia Company has sold its TV & Media division to Schibsted for SEK 6.55 billion (cash- and debt-free), as announced on 25 February. A new multi-year agreement guarantees that Telia’s TV service will retain TV4 and MTV programming. … Read the full press release
Posted in Business, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Media, News, Norway, Sweden, Technology, Telecom
Tagged Adjusted EBITDA, cash and debt-free, connectivity strategy, deleveraging, distribution partnership, MTV, Net debt, partnership, Patrik Hofbauer, portfolio management, sale, Schibsted, SEK 6.55 billion, Telia Company, TV & Media business, TV4
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