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Grafa
Technology

Loar Holdings closes €367M acquisition of LMB Fans & Motors

Loar Holdings (NYSE:LOAR) said it has completed the acquisition of LMB Fans & Motors for €367 million in cash, plus the assumption of debt, closing the transaction on Dec. 26 after receiving regulatory clearance in France.

The deal adds a more than 60-year-old manufacturer of customized, high-performance fans and brushless motors to Loar’s portfolio, strengthening its position across aerospace, defense, original equipment manufacturing and aftermarket segments.

Leia mais: Loar Holdings closes €367M acquisition of LMB Fans & Motors
Grafa
Technology

Gravity launches Ragnarok: Rebirth mobile game in China

GRAVITY (NASDAQ:GRVY) said it has officially launched Ragnarok: Rebirth (仙境传说:重生), a 3D massively multiplayer online role-playing game for mobile devices, in China, marking a key expansion for the long-running Ragnarok franchise.

The game debuted on Dec. 25 after receiving an ISBN code in December 2024, a regulatory requirement for commercial game releases in China.

Leia mais: Gravity launches Ragnarok: Rebirth mobile game in China
Grafa
Auto and cars

Uxin raises $50M from NIO Capital, Prestige Shine to expand used-car superstores

Uxin (NASDAQ:UXIN) has agreed to raise $50 million in new equity financing as the Nasdaq-listed company seeks to accelerate expansion in China’s used-car retail market.

The Beijing-based firm said it entered definitive share subscription agreements on Dec. 26 with affiliates of NIO Capital and Prestige Shine Group Limited.

Leia mais: Uxin raises $50M from NIO Capital, Prestige Shine to expand used-car superstores
Grafa
Education

Leifras partners Japanese schools, local government on project to tackle school refusal

Leifras (NASDAQ:LFS) said it entered a memorandum of understanding on Dec. 26 with Tachibana Gakuen and Matsumoto to launch a collaborative initiative aimed at addressing school refusal among students in Japan.

Under the agreement, Leifras will contribute its sports education and youth-development expertise, while Tachibana Gakuen will oversee school management and provide direct student support.

Leia mais: Leifras partners Japanese schools, local government on project to tackle school refusal