Danish shipping and logistics group DFDS – northern Europe's largest logistics company – has announced the acquisition of a 98.8 percent stake in Turkish freight shipping operator U.N. Ro-Ro – Turkey's largest operator of ro-ro (roll on/roll off) freight ships – from Turkish private equity companies Actera Group and Esas Holdings for EUR 950 million on a debt-free basis.
Content Types: NewsletterRegions & Countries: United Arab EmiratesChina...Industries: Clean EnergyBanking & Finance...Services: LegalInvestment Promotion
The Turkish government continues its efforts to move up in the ease of doing business indexes in the world. As a supplementary step to the previous reforms and incentive policies, Law no. 7099 on the “Amendments to Certain Laws for Improvement of the Investment Environment” was published in the Official Gazette on March 10, 2018.
Google announced that it will invest US $ 30 billion in improving its infrastructure in three years through the installation of new submarine cables, with which Google seeks to connect the world and provide services to its customers in the cloud.
Maersk, the world's largest container shipping line, has teamed up with Alibaba (BABA.N) to allow customers to reserve space on its vessels through the Chinese company, illustrating growing cooperation between e-commerce and logistics firms.
Content Types: Recent TransactionRegions & Countries: DenmarkIndustries: Information Technology
GameAnalytics, a leading behavioral analytics platform for game developers, today announces that it has been acquired by Mobvista, Asia's largest and fastest-growing mobile ad tech company. Through this acquisition, Mobvista significantly expands its international reach and service offering to bring game developers a complete advertising technology platform that drives revenue and maximizes lifetime value (LTV). Terms of the deal were not...