The deal will extend Web.com's global footprint across Australia, NZ, and Southeast Asia.
The acquisition is in line with Stamford’s strategy to seek new investments in developed countries.
The funds raised will help accelerate the company's growth plans in Asia and go in required acquisitions.
The proceeds will be used for direct and indirect investments into prospective and existing portfolio firms.
IPOs & Markets
Prime US REITis the third US-focused REIT to be launched on the Singapore Exchange Mainboard in 2019.
CapitaLand Commercial Trust has closed the book-building process raising $161.70 million in gross proceeds for its private placement exercise.
The fundraising spree indicates high investor confidence in Southeast Asia's growth prospects and its startup ecosystem.
Maybank has demanded $24.78 million as the amount payable on account of early termination of the hedging pact.
The property is located in the western core of Adelaide’s central business district and is a five-minute walk to the Adelaide railway station.
Capital World Limited has entered into a term sheet with two individual private investors to raise $13.47 million for the development of an ongoing pr
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.
Unlock your competitive advantage in a
rapidly evolving landscape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more.
Be a part of our growing community now.