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The estimated value of the transaction is approximately USD 15 million.
The new ultra-luxurious hotel is expected to complete renovations in 2025.
This transaction is one of the largest hotel acquisitions in the United States since August 2021 and the eighth investment by Trinity Fund Advisors LLC since June 2021, with a total transaction value of $2.1 billion.
Upon completion of the transaction, Indera Mills will become a division of Intradeco. Its owner, John Willingham, will continue to serve as CEO.
Skechers hits record sales in 2022, but net profit plummets.
This investment will be used to accelerate ByBorre’s international growth in key markets such as the US, Northern Europe, and Italy, further establishing its position as a leading platform for sustainable textiles.
Natural hair care brand Straand recently announced that it has received a 2 million USD pre-seed round investment from Unilever Ventures, a subsidiary of Unilever. This will accelerate its expansion into the United States, the United Kingdom, Europe, and China.
Finding a buyer is not part of their plans.
Among the important cross-border cooperations in the automotive field in the past two months, four are related to sports and outdoor shoes.