Coty Announces Agreement With Kering for Early Transition of Gucci Beauty License July 7, 2026 Coty to receive approximately $400 million in consideration for the early termination plus sale of sufficient Gucci Beauty inventory to support the transition Coty to continue operating Gucci Beauty through at least June 30, 2027 Proceeds expected to support debt paydown, reinvestment in Coty’s core prestige fragrance and beauty brands, and optimization of organizational set-up
Quaise Energy Raises $134 Million in Initial Close of Series B to Build World’s First Superhot Geothermal Power Plant July 7, 2026 Prelude Ventures led the round, with participation from JERA Co., Inc., Japan's largest power generation company, and Idemitsu Kosan, one of Japan's largest integrated energy companies Series B equity is the first component of a diverse financing that includes project-level capital and debt Quaise's millimeter wave drilling system is approaching one kilometer of depth at its Central Texas field site Series B proceeds fund Project Obsidian in Central Oregon, the world’s first commercial superhot geothermal power plant
Everest and MetLife Expand Bereavement and Legacy Support to Ireland July 7, 2026 Everest's unique benefit delivers proactive legacy planning from day one, with an Everest advisor providing white-glove, human support before, during and after a funeral, removing the administrative burden and allowing the family important time to grieve.
Smurfit Westrock partners with Coca-Cola on World Cup packaging to capture spike in consumer demand July 7, 2026 Innovative packaging designed to engage football fans during key sporting moment
Lone Star Funds Announces Agreement to Acquire ContiTech, the Material Solutions Group of Continental AG July 6, 2026 Lone Star Funds (“Lone Star”) today announced that an affiliate of Lone Star Fund XIII, L.P. has entered into a definitive agreement to acquire ContiTech, the material solutions group of Continental AG, for €4.0 billion. The transaction also includes performance-based components of up to €250 million in subsequent years. ContiTech is one of the world’s [...]
Citi Becomes Clearing Member of London Precious Metals Clearing Limited July 6, 2026 Citi has been admitted as a clearing member of London Precious Metals Clearing Limited (LPMCL). The move marks a major expansion of Citi's precious metals business by adding Loco London settlement services, while simultaneously increasing LPMCL's network of clearing members. This collaboration expands the global precious metals market infrastructure, underscoring LPMCL's central role in the bullion market.
Northern Trust Appointed to Support Invesco’s New Index-Tracking Mutual Fund Range July 6, 2026 Supporting Invesco’s Distribution of Synthetic Replication Capabilities to European Mutual Fund Investors
R|Elan™ Circular Design Challenge Celebrates Its 8th Season with a Landmark Global Edition Under the India–France Year of Innovation 2026 July 4, 2026 The global platform returns with an expanded focus on circular innovation, emerging talent and cross-cultural creative exchange
Multiply Media Group Expands into Saudi Arabia Through Strategic Partnership with Cenomi Centers and the Launch of BackLite KSA July 3, 2026 New partnership will establish a premium digital Out-of-Home advertising network across leading retail destinations in Riyadh and Jeddah
Arendt Investor Services Enters a New Phase of Development With BlackFin as Majority Shareholder July 3, 2026 Arendt Investor Services (AIS) announces today the completion of its acquisition by BlackFin Capital Partners, following regulatory approval by the CSSF. This transaction marks the start of a new phase of development for AIS, with a clear ambition to accelerate its growth through international expansion and selective acquisitions, while further investing in technology, including AI, [...]