Deals
“This is our best and final offer,” says top Goldman executive.
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Editor's take: The week that was — Feb 16-21
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Investors find a value meal in Indonesia's affordable F&B segment
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Grab looking to triple profit by 2028 after first year in the black
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Peak XV secures $1.3b in fresh capital to boost India, APAC investments
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US Supreme Court strikes down Trump's global tariffs
More Stories
Editor’s take: The week that was — Feb 16-21
Alibaba-owned Daraz acquires Bangladeshi food tech startup HungryNaki
Investors find a value meal in Indonesia’s affordable F&B segment
Qverse launches private credit strategy, eyes Singapore expansion
Private equity interest in SE Asia’s education market holds firm
The wealth fund held shares worth just under $3b.
PE firm Elevation Equity Partners Korea is Jollibee’s strategic partner in the deal.
Private Equity
The agreement follows months of talks.
Morgan Stanley had no clear plan for its next Asia fund before the secondary vehicle.
Earnings and Results
Its alternatives portfolio grew to 14.4 trillion yen ($91 b).
The offer represents a 29% premium to Tri Pointe Homes’ closing price on Thursday.
The fund aims to raise over $130m in next 18 months.
IPOs & Markets
The market cap after listing will start at 3.3 trillion won.
The results mark Softbank’s fourth consecutive quarter in the black.
