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Main » 2025 » September » 03

NEW YORK & DUBLIN & TOKYO - Tuesday, 02. September 2025


Leading investors with a long-term strategic focus deliver transformational transaction for the aircraft leasing sector

Sumitomo Corporation, SMBC Aviation Capital, Apollo and Brookfield have reached a definitive agreement to acquire Air Lease Corporation through a newly established entity, Sumisho Air Lease Corporation (Ireland) DAC
Air Lease will be renamed Sumisho Air Lease Corporation (“Sumisho Air Lease”) and its orderbook is expected to transfer to SMBC Aviation Capital as part of the transaction; SMBC Aviation Capital will act as a servicer to Sumisho Air Lease’s portfolio
Apollo and Brookfield to provide capital to support the acquisition, joining Sumitomo Corporation and SMBC Aviation Capital as aligned investors
Sumisho Air Lease will be optimally positioned to capitalise on airline and investor demand in a supply constrained environment
Sumisho ... Read more »

Views: 38 | Added by: africa-live | Date: 09.03.2025 | Comments (0)

CUPERTINO, Calif. - Tuesday, 02. September 2025 AETOSWire 

(BUSINESS WIRE) -- Mobileum Inc. (“Mobileum”), a leading global provider of analytics and network solutions, and NOHOLD, a pioneer in AI-powered automation solutions, today announced the formation of a strategic alliance to redefine AI enablement across the telecom industry. This partnership marks a major step forward in building a scalable AI ecosystem that seamlessly blends into multi-vendor telecom operations, empowering operators to unlock the full value of their data.

As telcos race to modernize operations and monetize growing volumes of customer and network data, the Mobileum-NOHOLD alliance aims to simplify and accelerate AI adoption by communication service providers across increasingly complex environments. The joint initiative will deliver seamless AI-powered support solutions capable of ingesting and interpreting data from heterogeneous systems, enabling better alignment between cu ... Read more »

Views: 36 | Added by: africa-live | Date: 09.03.2025 | Comments (0)

DARMSTADT, Germany 
Not intended for Canada-, UK- or US-based media
(BUSINESS WIRE)--Merck, a leading science and technology company, today announced the appointment of David Weinreich, MD, MBA, as Global Head of R&D and Chief Medical Officer for its Healthcare business sector.

Weinreich is a highly-regarded biopharma leader with extensive experience and a proven track record in R&D. He has successfully led the development of 15 approved drugs worldwide across various therapeutic areas over his more than 20-year career. In addition, Weinreich has founded multiple companies and served as a venture capitalist, board member, and biotech CEO. Weinreich joins Merck from Foresite Labs & Foresite Capital Management LLC, where he served as an Operating Partner and Senior Advisor. His previous experience includes: Executive Vice President, Head, Global Clinical Development at Regeneron; Corporate Senior Vice President, Head, Global Development Specialty M ... Read more »

Views: 32 | Added by: africa-live | Date: 09.03.2025 | Comments (0)

(BUSINESS WIRE) -- As announced earlier today, McLaren Group Limited has completed the purchase of MSP Sports Capital’s equity interest in McLaren Racing, including its Formula 1 Team.

The transaction will enable Bahrain Mumtalakat Holding Company and CYVN Holding, an advanced mobility operator and investment vehicle based in Abu Dhabi, to increase their share and assume full ownership of the iconic British motor racing business.

Mumtalakat will continue as majority shareholder with CYVN Holdings owning a non-controlling stake.

MSP’s investment came at a pivotal moment in the business, providing vital capital that contributed to the company’s efforts in stabilizing business operations during the COVID-19 pandemic, funding infrastructure upgrades, and retaining and recruiting world-class talent. Over the last five years, with the support received from its shareholders, McLaren has returned to the front of the Formula 1 grid, rebuilt its compe ... Read more »

Views: 34 | Added by: africa-live | Date: 09.03.2025 | Comments (0)

 

AWS Asia Pacific (New Zealand) Region gives customers more choice to run workloads and securely store their content in New Zealand while serving end users with even lower latency

Amazon plans to invest more than NZ$7.5 billion and support an average of more than 1,000 full-time equivalent jobs annually in New Zealand, adding approximately NZ$10.8 billion to New Zealand’s GDP

Active AWS customers in New Zealand include AMP New Zealand, Kiwibank, Ministry of Transport, New Zealand Post, One New Zealand, TVNZUniversity of Auckland, Wellington City Council, Xero, and more< ... Read more »

Views: 30 | Added by: africa-live | Date: 09.03.2025 | Comments (0)

 

AWS Asia Pacific (New Zealand) Region gives customers more choice to run workloads and securely store their content in New Zealand while serving end users with even lower latency

Amazon plans to invest more than NZ$7.5 billion and support an average of more than 1,000 full-time equivalent jobs annually in New Zealand, adding approximately NZ$10.8 billion to New Zealand’s GDP

Active AWS customers in New Zealand include AMP New Zealand, Kiwibank, Ministry of Transport, New Zealand Post, One New Zealand, TVNZUniversity of Auckland, Wellington City Council, Xero, and more< ... Read more »

Views: 31 | Added by: africa-live | Date: 09.03.2025 | Comments (0)

WINDSOR, Conn. - 
The acquisition will grow SS&C’s fund administration business in South Africa

(BUSINESS WIRE) -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced the acquisition of Curo Fund Services, a leading South African provider of fund administration solutions, from a joint venture between Sanlam and Old Mutual. The transaction is subject to approval by the South African Competition Commission. Terms of the deal were not disclosed.

Curo Fund Services administers more than R 3 trillion (USD 170.4 billion) in assets and services Sanlam, Old Mutual and third-party institutional clients. Around 300 employees will join SS&C in Cape Town following the close of the transaction. Curo Fund Services already leverages several of SS&C’s fund accounting and asset servicing technologies.

The transaction will not affect Curo’s existing client administration arrangements. SS&C’s global scale and ex ... Read more »

Views: 34 | Added by: africa-live | Date: 09.03.2025 | Comments (0)

AMSTERDAM & ZUG, Switzerland & GDAŃSK, Poland - Tuesday, 02. September 2025 AETOSWire Print 

(BUSINESS WIRE) -- Polpharma Biologics S.A. (“Polpharma Biologics”), specialized in the development and manufacturing of biosimilars, today announced that it has signed licensing agreements with MS Pharma, a leading biosimilar production and distribution company in the Middle East and North Africa (MENA) region, for the commercialization of its biosimilar candidates vedolizumab (PB016), ocrelizumab (PB018) and guselkumab (PB019) in the MENA region.

Under the agreements, MS Pharma will be responsible for the registration, marketing, and distribution of these three biosimilars across MENA, while Polpharma Biologics will maintain responsibility for development, manufacturing, and supply. Furthermore, both Parties have agreed to transfer fill and finish activities to the MENA region. These operations will be carri ... Read more »

Views: 39 | Added by: africa-live | Date: 09.03.2025 | Comments (0)

(BUSINESS WIRE)--The Open Group, the vendor-neutral technology and standards organization, today announced the formation of the Industrial Advanced Nuclear™ Consortium (IANC).

The Consortium Members will collaborate to enable integrated advanced nuclear heat and power solutions to serve industrial customer needs. Through standardization of interfaces and sourcing terminology and adopting risk-appropriate design practices, the Consortium will deliver open standard framework and business guidelines to encourage competition, lower costs, decrease regulatory risks, and reduce schedule uncertainties. The benefit to the industrial end-users will be diversification of their energy sources with reliable, safe, and carbon-free heat and power.

“There is an urgent need to better leverage nuclear energy to address the application of heat and power solutions. We believe that an open architecture approach can enable cost effective solutions that can be replicated to dr ... Read more »

Views: 36 | Added by: africa-live | Date: 09.03.2025 | Comments (0)

Klay Group, a boutique financial services firm providing Wealth Management, Multi-Family Office, Asset Management and Corporate Advisory services to ultra-high-net-worth families and institutions, today announced the appointment of Ahmad Chaudry as the firm’s first Global Head of Structured Investments and Derivatives. This newly created role underscores Klay’s commitment to expanding its structured solutions platform and strengthening its global advisory capabilities.

 

Based in Dubai, Ahmad will lead the development of innovative solutions across all major asset classes with a strong focus on structured investments, liquidity management and hedging strategies.

 

Ahmad brings nearly 20 years of global investment banking experience in structuring and execution of bespoke solutions across equities, fixed income, commodities and liquid alternatives. He joins Klay Group from UBS Investment Bank in Hong Kong, where he most recently h ... Read more »

Views: 35 | Added by: africa-live | Date: 09.03.2025 | Comments (0)

 

From commodity volatility to new regulations, IFF readies bakers with science-driven innovations and real-world demos.

 

(BUSINESS WIRE)--IFF (NYSE: IFF), a global leader in flavors, fragrances, food ingredients, health and biosciences, will showcase how it is helping the global baking industry ov ... Read more »

Views: 28 | Added by: africa-live | Date: 09.03.2025 | Comments (0)

Dubai, United Arab Emirates - Tuesday, 02. September 2025

In light of escalating environmental challenges and the global push to achieve net-zero goals, the 11th World Green Economy Summit (WGES) continues to serve as a vital platform for decision-makers, investors and experts from around the world. This year’s event comes at a critical time as rapid advances in artificial intelligence (AI) and data centres intersects with the urgent need to reshape the future of energy towards more sustainable and efficient alternatives. Sessions will explore financial mechanisms driving the green transition, address challenges in scaling up renewable energy and explore avenues for climate finance.

Held under the patronage of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, WGES is organised by the Dubai Supreme Council of Energy, Dubai Electricity and Water Authority (DEWA) and the World Green Economy Organization (WGE ... Read more »

Views: 29 | Added by: africa-live | Date: 09.03.2025 | Comments (0)

WILMINGTON, Del. - Tuesday, 02. September 2025 AETOSWire 

Open-Concept Pavilion Showcases New Brand Positioning and Denim Innovation

 

(BUSINESS WIRE)--The LYCRA Company, a global leader in developing fiber and technology solutions for the apparel and personal care industries, returns to Intertextile Shanghai (Sept. 2–4) with an exclusive global sneak preview of its latest denim innovation.

For the first time, the company’s booth features an open-concept co-creation space designed to foster collaboration. Four key industry partners will join The LYCRA Company in this shared exhibit space, located in Hall 4.1 (Booth E56). This area is part of a larger 788-square-meter pavilion, which also includes 18 co-exhibitors. The impactful and visually striking design brings the new ALL IN LYCRA® brand positioning to life, creating an immersive experience for visitors.

ALL IN embodies what sets the LYCRA® brand apart – ... Read more »

Views: 23 | Added by: africa-live | Date: 09.03.2025 | Comments (0)