Affinity Equity Partners

VNET Announces Changes to Leadership Team

Retrieved on: 
Friday, July 28, 2023

BEIJING, July 28, 2023 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that Mr. Tim Chen has been appointed as the Company's Chief Strategy Officer.

Key Points: 
  • BEIJING, July 28, 2023 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that Mr. Tim Chen has been appointed as the Company's Chief Strategy Officer.
  • Mr. Qiyu Wang, former Vice President of Finance, was promoted to succeed Tim as the Company's Chief Financial Officer, effective immediately.
  • Mr. Josh Sheng Chen, Founder and Chairman of VNET, commented, "We are thrilled to congratulate Tim and Qiyu on their new appointments at VNET.
  • Their deep expertise and experience will empower the new leadership team to advance our dual-core strategy and unleash VNET's full potential moving forward.

Global investors to settle cross-currency equity trades in their currency of choice through Turquoise M-DAQ™ FX workflow

Retrieved on: 
Wednesday, August 24, 2022

Turquoise M-DAQ will provide brokers with an innovative composite equity and FX trading workflow, with enriched data analytics in multiple currencies.

Key Points: 
  • Turquoise M-DAQ will provide brokers with an innovative composite equity and FX trading workflow, with enriched data analytics in multiple currencies.
  • Turquoise M-DAQ participants will benefit from a single relationship, reduced operational risk, whilst providing global investors transparency, better outcomes and the true cost of their equity and FX transactions.
  • LONDON, Aug. 24, 2022 /PRNewswire/ -- M-DAQ , a leading global FX specialist, today announced its cooperation with Turquoise, the pan-European MTF majority owned by London Stock Exchange Group (LSEG).
  • Together, Turquoise M-DAQ will bring transparency, automation and efficiency to trading of securities that settle in an investor's currency of choice.

Otis Appoints Anurag Maheshwari Executive Vice President & Chief Financial Officer

Retrieved on: 
Monday, June 27, 2022

FARMINGTON, Conn., June 27, 2022 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) announces the appointment of Anurag Maheshwari as Executive Vice President & Chief Financial Officer, reporting directly to Otis Chair, CEO & President, Judy Marks. Effective August 12, Maheshwari will succeed Rahul Ghai, who has accepted a position outside Otis. 

Key Points: 
  • FARMINGTON, Conn., June 27, 2022 /PRNewswire/ -- Otis Worldwide Corporation (NYSE:OTIS) announces the appointment ofAnurag Maheshwarias Executive Vice President & Chief Financial Officer, reporting directly toOtis Chair, CEO & President,Judy Marks.Effective August 12, Maheshwari will succeed Rahul Ghai, who has accepted a position outside Otis.
  • He has successfully led our finance teams in the highly diverse Asia Pacific region since spin," said Otis Chair, CEO & President, Judy Marks.
  • Maheshwari has proven experience as a chief financial officer and expertise across financial and business functions including investor relations, strategic planning, capital deployment, operations and P&L ownership.
  • Most recently, Maheshwari served as Vice President, Finance, IT and Chief Transformation Officer in the Otis Asia Pacific region.

SEEK Invests in JobKorea, Korea's Largest Recruitment Platform, as part of a Strategic Path to be the Best Digital Career Platform in Asia

Retrieved on: 
Friday, August 20, 2021

SEEK will own a 10% stake, and Peter Bithos, CEO of SEEK Asia, will join JobKorea's Board.

Key Points: 
  • SEEK will own a 10% stake, and Peter Bithos, CEO of SEEK Asia, will join JobKorea's Board.
  • SEEK is a diverse group of companies, comprised of a strong portfolio of online employment, educational, commercial and volunteer businesses.
  • The business has a strong brand and a significant presence in the South East Asia region, attracting 400 million visits a year.
  • JobKorea is the only employment marketplace platform in Korea that services both full time and part time markets.

DGAP-News: Delivery Hero signs agreement with a three-party consortium to sell Delivery Hero Korea LLC

Retrieved on: 
Friday, August 13, 2021

Delivery Hero announces a transaction with Affinity Equity Partners, GS Retail Co, Ltd., and Permira Advisers Limited in relation to the divestment of Delivery Hero Korea LLC

Key Points: 
  • Delivery Hero announces a transaction with Affinity Equity Partners, GS Retail Co, Ltd., and Permira Advisers Limited in relation to the divestment of Delivery Hero Korea LLC
    Berlin, 13 August 2021 - Delivery Hero SE ("Delivery Hero"), the world's leading local delivery platform, today announces that a consortium formed of Affinity Equity Partners, GS Retail Co, Ltd., and Permira Advisers Limited will acquire Delivery Hero Korea LLC for an enterprise value of KRW 800 billion.
  • Niklas stberg, CEO and Co-Founder of Delivery Hero, said: "Together with the Delivery Hero Korea team, we have created a vibrant community of riders, restaurants and partners in South Korea.
  • Following the conditional regulatory approval by the Korea Fair Trade Commission for its strategic partnership with Woowa Brothers Corp., Delivery Hero was given a six month timeframe to divest 100% of Delivery Hero Korea LLC, which was extended by another five months from 2 August 2021.
  • Delivery Hero is now on track to fulfill the structural remedies by entering into a binding agreement after having gone through an auction sale process.

TEG Announces Strategic Investment by Silver Lake

Retrieved on: 
Thursday, October 3, 2019

SYDNEY, Oct. 3, 2019 /PRNewswire/ -- TEG, Asia Pacific's leading live entertainment and ticketing company, and Silver Lake, the global leader in technology investing, today announced that Silver Lake has signed a definitive agreement to acquire TEG from funds advised by Affinity Equity Partners (S) Pte Ltd and its affiliates.

Key Points: 
  • SYDNEY, Oct. 3, 2019 /PRNewswire/ -- TEG, Asia Pacific's leading live entertainment and ticketing company, and Silver Lake, the global leader in technology investing, today announced that Silver Lake has signed a definitive agreement to acquire TEG from funds advised by Affinity Equity Partners (S) Pte Ltd and its affiliates.
  • "We are confident that Silver Lake is the right partner for the next stage of the company's growth.
  • Silver Lake's portfolio of investments collectively generates more than $210 billion of revenue annually and employs 370,000 people globally.
  • For more information about Silver Lake and its portfolio, please visit www.silverlake.com .