ITC could be vying with Coca-Cola Co., which has evaluated India’s biggest cafe chain but hasn’t made a formal offer.
The move to acquire independent game studios will help Sony stay competitive.
IPOs & Markets
Uber has lost 24 per cent of its value since it began trading.
KKR said the investment is from its flagship Asian Fund III and that it’s invested more than $4.5 billion in China since 2007.
If confirmed, it would be the third rescue of a regional lender engineered by authorities in less than three months.
The Asian assets could be valued at about $3 billion to $4 billion.
Dongfeng has held talks with potential advisers about ways to monetize part or all of its 12.2% stake in the French car-maker.
Already this year, SoftBank’s fund has invested in the U.K.’s Greensill, and OakNorth Bank Plc, as well as a pending deal in German payments compa
NIIFund is planning to buy four toll roads that are in operations and two in construction.
Pivoting away from generic medicines to a more lucrative business of cancer drugs worked for the firm.
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