By Anshuman Daga
Prudential PLC, AIA Group and Manulife Financial Corp are said to be weighing a bid.
In case that the deal cannot go through, Sea Value will consider doubling the production capacity of its French subsidiary Sea Value Atlantic which it acquired in the end of October 2015.
Indonesian media startup Kumparan announced today that it has received its first round of funding from “undisclosed investors in the region”. The investment was done shortly after the startup’s initial launch in 2016 and before launching a beta version in January 2017. Kumparan claims to be Indonesia’s first hybrid site… Read more »
South Korea’s LG Corp, the holding company of LG Group, said in a filing on Monday it agreed to sell a stake in silicon wafer producer LG Siltron Inc to SK Holdings Co for 620 billion won ($531.9 million). SK Holdings, a holding company of SK Group which controls semiconductor… Read more »
The Chinese consortium was led by industrialist Ou Yaping
Reliance Capital Management has purchased 68.55 per cent stakes of Wahana Ottomitra Multiartha (WOM Finance) from Bank Maybank Indonesia, while Siloam International announced that it will acquire two new hospitals located in Bekasi, West Java, and Mataram, West Nusa Tenggara. In another deal news, conglomerate Astra International through its unit… Read more »
Backing Munjal’s ambitious plan is around $125 million cash from IFC.
Airtel recently concluded merging its operations with Axiata in Bangladesh.
AsiaMedic is acquiring a South Korean medical services firm and ASLAN Pharma is conducting its initial public offer on the Taipei bourse.
ASX-listed CoAssets has made a RMB 1 million (~$146,000) strategic investment in Chinese product crowdfunding platform Da Xian Bing, acquiring 10 per cent of the firm for RMB 1 million.