Bain and Cinven takeover of German drugmaker Stada falls apart


The PE firms’ $5.9 billion takeover bid did not win enough shareholder support.

Tokyo-listed Trend Micro launches $100m corporate venture fund

The fund will explore opportunities in emerging technology markets.

S Korea: Applied Ventures & KVIC form joint investment fund

Fund to invest in semiconductor, display, robotics, healthcare and energy storage.

Korea Investment Partners backs Eloxx Pharmaceuticals’ $30m Series C

The latest round is part of an acquisition transaction between Sevion and Eloxx.

Russian billionaire to buy European retailer Holland & Barrett for $2.3b

This is the first retail acquisition by Mikhail Fridman’s investment vehicle.

Australia: Logistics startup GetSwift closes $18.1m investment

Funding follows its IPO on the ASX just six months ago, which saw it raise A$5 million.

Japan regional banks’ merger plan further delayed

A proposed merger between two banks in southern Japan will likely be delayed for a second time.

RBS to cut 443 jobs in UK, move many of them to India

The cuts were part of a restructuring aimed at becoming a smaller bank.

Amazon’s buy of Whole Foods is a start to reshape grocery delivery, would need more warehouses

Facilities for distributing fresh food are far more complicated than ordinary warehouses.

Japanese airbag maker Takata files for bankruptcy, gets U.S. sponsor

Japan’s Takata Corp, the firm at the centre of the auto industry’s biggest ever product recall, filed for bankruptcy protection in the United States and Japan and said it would seek $1.6 billion in aid from U.S.-based Key Safety Systems (KSS). In one of Japan’s biggest bankruptcies, Takata is facing… Read more »