By Antonia Timmerman
Both funds have agreed to work with real estate logistics operator LOGO
Toshiba denied report that it was looking to sell shares in ToshibaTec.
HSBC Holdings Plc named insurance executive Mark Tucker to succeed Douglas Flint as chairman, enlisting an outsider to oversee Europe’s biggest bank as it overhauls management. Tucker, 59, chief executive officer of AIA Group Ltd. and former head of Prudential Plc, will take the post Oct. 1, the bank said… Read more »
US players appear to be most suitable bidders.
In multiple developments in Australia, Google has acquired data science platform Kaggle while crowdfunding platform Equitise has launched a new platform enabling co-investments. Also, CIM Enviro has raised a Series A round. Google acquires Kaggle Google has acquired Melbourne-founded and San Francisco-based data science platform Kaggle. Financial terms of the deal… Read more »
This is PayPal’s second investment this year after health startup Virta.
ING Life Insurance Korea Ltd is controlled by MBK Partners
Carlyle Asia Growth Partners V is targeting to raise $1 billion.
Kyoto Bank is the anchor LP for the fund.
It has already deployed about $130m across 5 deals in South Asia and Africa.