By Nisha Gopalan
America, one; Europe, nil.
Warburg Pincus, one of several bidders pursuing Global Logistic Properties Ltd., is weighing a merger of the Singapore warehouse owner with its own logistics business E-Shang Redwood Ltd. before a planned initial public offering, people with knowledge of the matter said. The U.S. buyout firm is bidding together with ESR,… Read more »
Time Inc. is moving closer to a sale that could value the magazine publisher at more than $20 a share, according to people familiar with the process. A sale of the entire company is now more likely than not, and may be reached as soon as the end of next… Read more »
Emaar Malls PJSC, the shopping-center unit of Dubai’s biggest publicly traded property developer, made a bid for online retailer Souq.com, seeking to challenge an existing offer from Amazon.com Inc., according to people familiar with the matter. The unit of Emaar Properties PJSC offered about $800 million for Souq.com this week,… Read more »
SB Drive functions by applying big-data and mapping technologies.
“A decision will be made on the financial merits,” said Adel al-Jubeir.
KKR has secured nearly $6 billion of Japan buyouts.
The acquisition opens the door to Sodali to SEA, another possible expansion market
The deal reflects growing interest in fintech among Japanese institutions.
Souq.com raised $275 million from Tiger Global, others.