Deals
The project is being led by US-based AI startup Bitgrit and Japan’s S2.
1
Singapore banks ride Asia's wealth boom to weather rates headwind
2
Meat packer JBS to form JV with Danantara unit
3
Japan's top pension fund posts record gain amid push for more flexible investment
4
China's Guotai Haitong proposes to take offshore unit private in $3.6b deal
5
Alibaba plans to charge big users for next open-source AI model
More Stories
KV Asia said to be weighing exit from Indo personal care firm
Indosat launches AI infra venture with Ooredoo, NVIDIA and Nokia
AI startup Acrab raises $130m in Vertex-backed Series B funding
ADIA eyes Canadian pension’s $1.5b sale of China fund stakes
GIC explores sale of private fund portfolio worth $1b in secondaries market
Private Equity
The hacking attempts have caused a stir on Wall Street.
Earnings and Results
It made an investment gain of 1.86 trillion yen over the quarter.
Distributable earnings rose 18% YoY.
Disney’s exit follows the company’s efforts to prioritize streaming and ESPN.
However, the spending spree underpinning its lofty ambitions is not over.
KKR has raised $45b across its latest infrastructure fund vintages globally.
IPOs & Markets
The IPO could be the biggest New York listing of a Chinese company in over a year.
Analysis
The results will test whether SpaceX’s financials justify its lofty valuation.
The investment firm is working with bankers to solicit potential buyer interest in the pipeline operator.
